Business

Business Average U.S. vehicle age hits record 11½ years Average U.S. vehicle age hits record 11½ years
The average vehicle in the U.S. is now a record 11.5 years old, according to consulting firm IHS Automotive, a sign of the increased reliability of today's vehicles and the lingering impact of the sharp drop in new car sales during the recession.
Business Orders for U.S. durable goods jump 3.4 percent in June Orders for U.S. durable goods jump 3.4 percent in June
Orders to U.S. factories for big-ticket manufactured goods posted a sizable gain in June, but the advance was fueled by higher demand for commercial aircraft. Outside of this volatile category, a key category that represents business investment rose by a far more modest amount.
Business U.S. appeals court rejects apartheid cases against Ford, IBM U.S. appeals court rejects apartheid cases against Ford, IBM
Victims of apartheid in South Africa cannot sue IBM Corp. and Ford Motor Corp. in New York because they cannot show that the companies' alleged offending behavior occurred in the United States, a federal appeals court said Monday.
Business Greece, creditors get down to business on bailout deal Greece, creditors get down to business on bailout deal
Technical talks over Greece's third bailout in five years are poised to start in the next day or so as negotiators representing the country's creditors continued arriving in Athens Monday.