XML US Business News

Judge Tells GM to Open Defect Files

published about 3 hours ago
Judge Tells GM to Open Defect Files
Hundreds of car owners suing General Motors over an ignition-switch flaw got a boost on Friday when a New York judge ordered the auto maker to turn over internal documents about its handling of the defect to plaintiffs' attorneys.

Alibaba IPO Leaves Investors Wanting More

published about 3 hours ago
Alibaba IPO Leaves Investors Wanting More
Despite the big pop enjoyed by participants in Alibaba Group Holding Ltd.'s initial public offering, investors were still hungry after company made its trading debut at $92.70.

Anacostia cafe serves up expansion

published about 3 hours ago
Kera Carpenter, owner of Nürish Food + Drink in Anacostia, plans to add an annex, a garden cafe and more kitchen equipment.(J. Lawler Duggan for Capital Business) In the six months since she quietly opened Nürish Food + Drink in Anacostia, Kera Carpenter has learned to make the most of her small kitchen. She has seared pork loins using a panini press and blanched asparagus using an espresso maker. Read full article >>

ITT Under Scrutiny from Two U.S. Federal Agencies

published about 3 hours ago
Troubles in the nation's for-profit college industry accelerated on Friday as ITT Educational Services Inc. disclosed that two federal agencies have placed the struggling education company in their cross hairs.

Tesla Motors Releases New Software Suite

published about 4 hours ago
Tesla Motors Releases New Software Suite
Tesla Motors Inc. released a suite of software changes Friday to its electric Model S designed to help the driver dodge traffic, extend range and give the car a nickname.