Business

US safety agency probes Mazda door latch problem

U.S. auto safety officials are investigating complaints that doors won’t close properly on more than 39,000 cars made by Mazda.

FDA approves genetic test for lung cancer drug

The Food and Drug Administration on Tuesday approved a genetic test from Roche to help doctors identify patients who can benefit from a lung cancer drug made by the company’s Genentech unit.

Ford owners sue, saying EcoBoost engine defective

Three Ohio drivers are suing Ford Motor Co., claiming the company’s six-cylinder EcoBoost engine is defective.

Stock market rises back into record territory

The stock market marched back into record territory Tuesday as investors seized on the latest encouraging news about the economy. This time, it was a report on the health of small businesses.

High court rules for Monsanto in patent case

The Supreme Court said Monday that an Indiana farmer violated Monsanto Co.’s patents on soybean seeds resistant to its weed-killer by growing the beans without buying new seeds from the corporation.

Stock market rally pauses on Monday

A record-breaking rally in stocks paused Monday as investors assessed whether stock valuations were overstating the recent improvement in the economy.

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Future heads of family farms dig into financials

Jake Anderson didn't have to delve deep into the University of Missouri's agricultural economics program before realizing he would return to the Callaway County farm that's been in his family since 1891, when his great-great grandfather came from Sweden.

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Amtrak unveils locomotives to replace aging fleet

When Amtrak unveils the first of 70 new locomotives Monday at a plant in California, it will mark what the national passenger railroad service hopes will be a new era of better reliability, streamlined maintenance and better energy efficiency.

World grapples with rise in cyber crime

International law enforcement agencies say the recent $45 million dollar ATM heist is just one of many scams they’re fighting in an unprecedented wave of sophisticated cyberattacks.

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BizBeat: Veit’s Restaurant to reopen at new site

Cookin’ up an old favorite

Looking to restart the legacy that ended in 2005 and keep the tradition alive, Sean Veit has taken on the task of reopening a long-standing family restaurant right here in Jefferson City.

IRS knew tea party targeted in 2011

Senior Internal Revenue Service officials knew agents were targeting tea party groups as early as 2011, according to a draft of an inspector general’s report obtained by The Associated Press that seemingly contradicts public statements by the IRS commissioner.

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BizBeat: G2 takes menu to the streets

TaNea Graves and Kasey Green, co-owners of the downtown Jefferson City catering company G2 Gallery, will soon be offering their services by way of wheels.

BizBeat: Front Page Digital to help with marketing

In an effort to assist local businesses become more accessible to consumers, the Jefferson City News Tribune launched a digital division this month.

New home sales rise 1.5 percent

National groups: Report indicates industry continues to make headway

Sales of newly built, single-family homes rose 1.5 percent to a seasonally adjusted annual rate of 417,000 units in March, according to newly released figures from HUD and the U.S. Census Bureau.

Chrysler recalls almost 470,000 Jeep SUVs

Chrysler is recalling 469,000 Jeep SUVs worldwide because they can shift into neutral without warning on startup.

US Treasury reports $113B surplus in April

The U.S. Treasury said Friday that it took in a rare surplus of $113 billion in April, the largest in five years.

Post office had $1.9 billion second quarter loss

Independent agency continues to fulfill Congressional mandate no federal agency does

The U.S. Postal Service said Friday it lost $1.9 billion over the last three months and warned that losses would continue to mount without help from Congress.

Nixon signs bill letting kids work on farms

Children younger than 16 could avoid future federal regulation and continue to work on their parents’ Missouri farms under legislation signed by Gov. Jay Nixon.

April surplus of $113B lowers US budget deficit

The U.S. government reported a rare surplus of $113 billion for April — the largest in five years and a sign of the nation’s improving finances.

Government sells 58.4 million shares of GM stock

The government has sold another piece of its stake in General Motors Co.