Business News

Officials at General Motors are throwing cold water on remarks their CEO made last week, when he said the company will "buy back" Chevrolet Volts from any customers who are afraid the battery powered car will catch fire. They say the CEO's comments were taken out of context and misunderstood.

That new-car smell is one of the joys of purchasing a vehicle. It’s hard to define, but one thing is for sure: it isn’t supposed to remind you of a dead body. Margarita Salais from Michigan says that’s exactly what her SUV smelled like, and she’s now suing the dealership with help from State Farm for her money back.

Proposed cuts to services from the US Postal Service will save the cash-strapped organization some much-needed funds, but the public may not like the outcome.

Coca-Cola has once again learned that its customers don’t like change. Only unlike the New Coke debacle of the 1980s, this time it had nothing to do with the beverage itself, but rather the cans that hold the famous soda.

General Motors has announced that it will buy Chevrolet Volts back from any owner who is afraid the electric cars will catch fire.

There was a time when the Friday after Thanksgiving was just another day on the calendar, and, oh yes, the beginning of the holiday shopping season. Then the media started hyping it with live TV coverage of eager shoppers lining up hours before opening time to get first crack at the highly discounted bargains. In a few years, that day went from a fun day for shoppers to Black Friday for the busine

The Houston Astros' new owner, Jim Crane, has launched a breathtaking house cleaning.  Crane's makeover of the worst team in the major leagues started at the top, with the firings of team president Tal Smith and General Manager Ed Wade, and Crane says he's just getting started.

People planning to be on the road for Thanksgiving will find themselves giving thanks for slightly cheaper gasoline prices, even though the prices are still higher than they were at this time last year.