Business- | News Tribune

5 inductees named to Newspaper Hall of Fame

An Associated Press journalist and four newspaper industry leaders are the newest Missouri Newspaper Hall of Fame inductees.

Obama’s influence, limitations on display at G-8

Now a veteran of the international summit scene, President Barack Obama wielded significant influence over the agenda at this week’s Group of Eight meetings, but had only modest success in achieving the results he sought.

Court: Ex-Im Bank needs to explain Air India loan

A federal bank that backed a huge airplane loan for Air India will have to explain that the loan didn’t hurt U.S. airlines.

Stuntwoman sues News Corp. over alleged phone hack

A woman who worked as a stunt double for Angelina Jolie sued Rupert Murdoch’s News Corp. in Los Angeles on Tuesday, claiming she’s a victim of a phone hacking scheme to obtain information about the actress. Eunice Huthart, of Liverpool, England, is the first person to sue the media company in the U.S.

US safety agency investigating Suzuki small SUVs

U.S. safety regulators said Tuesday that they are investigating problems with air-bag sensors in the seats of some small Suzuki SUVs.

Suit: McDonald’s wages put on costly debit card

A Pennsylvania woman has filed suit to avoid fees she may be charged to get her McDonald’s wages from a debit card.

Icahn changes tack, seeks $16B Dell stock buyback

Activist investor Carl Icahn on Tuesday proposed a $16 billion share buyback in his latest effort to thwart Dell Inc. founder Michael Dell’s effort to take the struggling computer maker private.

Chrysler agrees to recall of Jeeps at risk of fire

After initially defying federal regulators, Chrysler abruptly agreed Tuesday to recall some older-model Jeeps with fuel tanks that could rupture and cause fires in rear-end collisions.

Japan’s trade deficit climbs to $10.5B in May

Japan’s trade deficit rose nearly 10 percent in May to 993.9 billion yen (nearly $10.5 billion) as rising costs for imports due to the cheaper yen matched a rebound in exports, the Ministry of Finance reported Wednesday.

Investors guess Fed’s actions, push stocks up

Investors are in a game of wait-and-see with the Federal Reserve. On Monday, they guessed that the Fed will continue trying to prop up the economy, and sent stocks higher.

Homebuilder confidence hits 7-year high

For the first time in seven years, most U.S. homebuilders are optimistic about home sales, a sign that construction could help drive stronger economic growth in coming months.

Nixon, Mo., companies head to Paris Air Show

The companies accompanying Nixon are in the aviation business and looking for new customers overseas.

Gov. Jay Nixon is leading a Missouri delegation to the Paris Air Show.

Raytown says Wal-Mart yanks grocery plan

Raytown city officials say Wal-Mart representatives have told them the giant retail company won’t be building a grocery store in downtown Raytown.

Book details workplace blind spots between sexes

“Work With Me: The 8 Blind Spots Between Men and Women in Business” (Palgrave Macmillan), by Barbara Annis and John Gray

Unless you live and work at a monastery, chances are you work with both men and women. According to Barbara Annis and John Gray, however, we’re kind of bumbling when it comes to sharing office space with the opposite sex.

NY Post: Learfield Sports being sold

The company isn’t commenting. But the New York Post reported last week that “Learfield Sports is looking to cash in on America’s passion for college athletics (and) is putting itself up for sale.”

BizBeat: Feel of tropics coming to town

Jonny Ver Planck has set out to bring something new to Jefferson City. Shrunken Head Tropic Lounge will blend the Hawaiian, South Pacific, Caribbean with American Tiki cultures while serving hand-poured cocktails made with real juice and top-quality liquors.

BizBeat: New auto dealership coming soon

Corwin Automotive Group is on track to build a new car dealership in Jefferson City less than a mile down the road from its current Honda, Hyundai and Nissan locations.

BizBeat: Pizza palace earns award

Jefferson City eatery Arris’ Pizza was recently recognized among the best of the best, according to the online travel guide, TripAdvisor.

Inland, marine gas prices drop slightly

Boating industry sees gradual increase, still top activity at Lake of the Ozarks

With a rollercoaster of fuel costs since the beginning of the year, gas prices are starting to slightly decrease overall in Missouri, with marine fuel rates also following suit at Lake of the Ozarks.

Bass Pro plots expansion with 21 new stores

When it comes time to find new locations for Bass Pro Shops, the Springfield-based company considers the number of hunting and fishing licenses sold near potential stores and the proximity to areas conducive to those activities. It looks into how many boats have been registered nearby. Then it combs its own catalog and website data to determine sales made to the area.