Business News

Waiting on Apple

US stocks look to move higher in early trading, ahead of today’s big Apple product announcements. The S&P 500 has lost ground in four of the past five sessions. (CNBC)

Annie’s, the maker of that organic bunny mac-n-cheese, is being purchased by General Mills for about $820 million. That’s a 37% premium over Monday’s closing price. Annie’s went public just over two years ago. (Reuters)

The auto industry is roaring back to life and Ford Motor CEO warned lenders and consumers not to fall back on old habits. His comments come as six- and seven-year car loans are becoming more common, along with incentives and discounts to get people to buy vehicles. Lenders are also relaxing the most stringent lending standards adopted after the 2008 financial crisis. (Yahoo Finance)

The National Federation of Independent Business, small business optimism index edged higher in August as more owners expect business conditions to improve and plan to increase capital spending. Eight of the index's 10 components either improved or showed no change. (Reuters)

Think things were bad here?  Spain’s housing prices rose for the first year-on-year increase since 2008.  That is six years.  Housing prices have declined 35% in Spain as a whole over the past six years. (Wall Street Journal)

On Air Now

America in the Morning
5:00pm - 8:00pm
America in the Morning



News Disclaimers