Business News

Business Auto industry quality improves, Japanese don't keep pace Auto industry quality improves, Japanese don't keep pace
The quality of cars and trucks made by European, Korean and U.S. companies has improved so much in recent years that Japanese automakers, long the industry standard, are having trouble keeping pace.
Business Nike co-founder Knight will step down as chairman Nike co-founder Knight will step down as chairman
Nike Chairman Phil Knight, who turned a business selling shoes out of the back of his car into the world's most valuable sports brand, has announced plans to step down as company chairman.
Business Despite cold-shortened season, U.S. maple syrup production up Despite cold-shortened season, U.S. maple syrup production up
Colder-than-normal temperatures shortened the Northeast's maple sugaring season this year, but overall syrup production in the U.S. still managed to stay strong, according to the United States Department of Agriculture.
Business Brown, lawmakers agree on $115.4 billion California budget Brown, lawmakers agree on $115.4 billion California budget
Gov. Jerry Brown and legislative leaders on Tuesday announced a $115.4 billion budget that sends billions of dollars more to public schools and universities in the fiscal year that begins July 1 and boosts spending on social welfare programs that legislative leaders have made a priority.
Business California Legislature passes record $117.5B budget California Legislature passes record $117.5B budget (Video)
California lawmakers approved a $117.5 billion Democratic spending plan Monday that would send more money to public schools and establish a new tax credit for the working poor, as legislative leaders continue to negotiate a final deal with Gov. Jerry Brown.