Business

6:10am

Wed July 23, 2014
Business

5 Managers Detained In Shanghai Expired-Meat Scandal

Originally published on Wed July 23, 2014 7:51 am

Chinese regulators suspended operations at Shanghai Husi Food, owned by Illinois-based OSI group. State media reported that stale meat was packaged for sale under "tacit approval" of senior managers.

6:10am

Wed July 23, 2014
Business

PG-13 Movie Rating Turns 30

Until 1984, the Motion Picture Association of America rated films as G, PG, R or X. But that year a couple of gory scenes in PG-rated movies — including Indiana Jones and Gremlins — raised concerns.

5:24am

Wed July 23, 2014
Business

Don't Make Me Come Back There: Toyota's New Parent-Friendly Options

Originally published on Wed July 23, 2014 6:10 am

The new Sienna minivan has an optional pull-down mirror to allow better surveillance of the backseat, and a "Driver Easy Speak" feature that lets you speak to the kids without shouting.

4:59am

Wed July 23, 2014
Business

Atlantic City's Casino Crisis: A Cautionary Tale

Originally published on Wed July 23, 2014 6:10 am

With the announcements of the planned closures of the Showboat and Trump Plaza casinos, the New Jersey town that once had the monopoly on gaming in the northeast is at a crucial turning point.

4:45am

Wed July 23, 2014
Middle East

Airlines Cancel Service To Israel Amid Heightened Aviation Safety Concerns

Originally published on Wed July 23, 2014 7:51 am

A number of major airlines have suspended service to and from Tel Aviv as the fighting between Israel and Hamas in Gaza intensifies. That's leaving passengers to find other arrangements.

4:45am

Wed July 23, 2014
Business

Taking Stock Of 2 Tech Giants: What's Next For Apple And Microsoft

Originally published on Wed July 23, 2014 7:51 am

Microsoft's new CEO is getting a lot of love from Wall Street, but the company is struggling to stay relevant. And Apple has found its footing again, mostly through a massive stock buyback program.

5:11pm

Tue July 22, 2014
The Salt

Glass Or No Glass? That Is The Grill Lid Question

A still from a video showing a glass top grill.
Schott Home Tech/YouTube

We love cooking on our grills, especially in the summertime. Keeping the house cool and avoiding the dish pile up are two major draws – not to mention the flavor of food cooked over fire.

When we saw a glass-topped grill, shining like Cinderella's slipper in a YouTube video posted by commercial glass maker SCHOTT, we were intrigued. But, we wondered, how the heck do you clean it?

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4:29pm

Tue July 22, 2014
Economy

Inflation Came In Low Again, But Are There Bubbles?

Originally published on Tue July 22, 2014 4:39 pm

Federal Reserve Chair Janet Yellen testifies before the Senate Banking Committee on July 15. She said the Fed is likely to keep interest rates low "for a considerable period" since inflation remains so tame.
J. Scott Applewhite AP

Want to borrow money for a car or a home this fall?

Oddly enough, the interest rates available months from now for big-ticket items may be determined by the prices you pay today for everyday consumer goods. When store prices are rising rapidly, policymakers start pushing interest rates higher, too.

But for the moment, at least, inflation appears mild enough to keep interest rates low for a long while.

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4:06pm

Tue July 22, 2014
U.S.

Deal In Detroit Could Signal Cuts To Pensions Elsewhere

Retirees Mike Shane (left) and William Davis protest near the federal courthouse in Detroit on July 3. Workers and retirees approved pension cuts in Detroit's bankruptcy by a landslide, the city reported Monday.
Paul Sancya AP

It used to be that if you were a public employee, you knew your pension benefits could not be touched.

That's no longer the case.

Pensions have been under political attack in recent years, with some politicians arguing they can't afford to fund generous retirements at the same time they're cutting services. Numerous states and cities have trimmed the type of pension plans they're offering employees — mostly new employees.

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12:54pm

Tue July 22, 2014
The Two-Way

FAA Prohibits U.S. Airlines From Flying To Tel Aviv

Originally published on Tue July 22, 2014 9:00 pm

A woman passes by a departure board at Philadelphia International Airport showing that US Airways Flight 796 to Tel Aviv has been canceled Tuesday.
Matt Rourke AP

The Federal Aviation Administration has issued a 24-hour ban on flights to and from the Tel Aviv airport.

"The notice was issued in response to a rocket strike which landed approximately one mile from Ben Gurion International Airport on the morning of July 22, 2014," the FAA said in a statement.

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