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New-car transaction prices climb 2 percent year-over-year

Business Friday July 1, 2016 9:58AM ET
New-car transaction
The estimated average transaction price (ATP) for light vehicles in the United States was $33,652 in June 2016, according to Kelley Blue Book.

CAREERS

  • Weir Group COO Dean Jenkins to step down
    Glasgow, United Kingdom | Friday July 1, 2016 9:21AM ET
    Dean JenkinsWeir Group, an engineering company, announced that Dean Jenkins, chief operating officer, will step down from the board on September 30, 2016.
  • Ritchie Bros. appoints Sarah Raiss as director
    Burnaby, B.C., Canada | Friday July 1, 2016 9:03AM ET
    Sarah RaissRitchie Bros., an industrial auctioneer, announces that Sarah Raiss has been appointed as a director from July 1, 2016.
  • Brinker names Kelli Valade president of Chili's
    Dallas, Tx., USA | Friday July 1, 2016 8:45AM ET
    Kelli ValadeBrinker International, Inc., a casual dining restaurant company, announced Kelli Valade has been named president of Chili's Grill & Bar.

QUOTE OF THE MOMENT

Henry Ford"Business is never so healthy as when, like a chicken, it must do a certain amount of scratching around for what it gets."

Henry Ford

COMPANIES

Nasdaq completes acquisition of International Securities Exchange
Friday July 1, 2016 8:58AM ET
NasdaqNasdaq completed its acquisition of International Securities Exchange, an operator of three electronic options exchanges, from Deutsche Börse Group.


EARNINGS

Bassett Furniture Q2 consolidated sales $106.7 million
Friday July 1, 2016 7:58AM ET
Bassett FurnitureBassett Furniture Industries announced its results of operations for its second quarter ended May 28, 2016. Consolidated sales were $106.7 million compared to $111.6 million for the second quarter of 2015, a decrease of 4.4%.

POLITICS

Russian president urges Iran’s greater cooperation with Eurasia
Friday July 1, 2016 8:32AM ET
President PutinRussian President Vladimir Putin for the second time in the current month has called for Iran’s cooperation with the Eurasia economic union in a bid to reach a common and big Eurasian horizon.

ECONOMY

Mexico central bank raises rate aggressively
Friday July 1, 2016 9:15AM ET
Mexico central bankMexico's central bank aggressively raised its key interest rate more than expected on Thursday in a bid to support the peso and calm concerns that currency weakness could inflame inflation.

CRIME

Medical tourism agent Rudy Rupak faces 20 years for fraud
Friday July 1, 2016 8:20AM ET
Rudy RupakMedical tourism agent Rudy Rupak of Planet Hospital was indicted for £2 million wire fraud. He faces a maximum sentence of up to 20 years in federal prison for stealing more than $2 million from infertile clients.

AGRIFISH

U.S. contributes $10 million to Ghana's agriculture sector
Friday July 1, 2016 8:50AM ET
Africa foodThe U.S. has implemented a project, involving a $10 million investment, to help Ghana's agricultural sector to meet international standards and guidelines for its produce.

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Gadgets

Audio world   Connect your mobile device wirelessly to Yamaha

Yamaha A-S801 mixes Hi-Fi audio world with computer music

Friday July 1, 2016 9:27AM ET
Yamaha A-S801The Yamaha A-S801 is not a device you must sell your home before buying it but its set of feature makes it look this way. Packed with options, this integrated amplifier will serve you well, no matter the music source.
More from Gadgets

Meantime

On eve of July Fourth American patriotism at lowest level
Friday July 1, 2016 8:55AM ET
July FourthAmericans   Patriotism stayed relatively flat from 2006 through 2013
As the nation prepares to celebrate Independence Day, 52% of U.S. adults say they are "extremely proud" to be Americans, a new low in Gallup's 16-year trend.

Travel

Riga, the pearl of the Baltics
Saturday June 4, 2016 1:05PM ET
RigaLatvia    Riga has the finest collection of art nouveau buildings in Europe
Imagine yourself at a big, beautiful lake with some cafes around, people strolling shady, tree-lined walkways just a few steps away from medieval architecture and cosmopolitan nightlife. With a break for a snack enjoy the pearl of the Baltics, Riga.

Design

Colorful kitchen for great start of day
Saturday June 25, 2016 2:34PM ET
Colorful kitchenKitchens   Paint your breakfast in happy colors
Very few things can stand shoulder to shoulder with a colorful kitchen that greets you with happiness every morning and make your whole day much brighter.

Health

Scientists create cancer treatment from dill and parsley
Friday July 1, 2016 8:26AM ET
ParsleyInnovative approach   A simple method for producing glaziovianin A
Scientists from Moscow Institute of Physics and Technology (PhysTech) and Russian Academy of Sciences have come up with a way to obtain glaziovianin A, a natural component known for its anti-cancerous properties, from parsley and dill.

Sea, Land, Air

New 2017 Porsche Panamera redefines luxury sedan concept
Thursday June 30, 2016 9:00AM ET
2017 Porsche PanameraAuto   Porsche reconciles two contrasting characteristics
The new 2017 Porsche Panamera reconciles two contrasting characteristics more than ever before: the performance of a genuine sports car and the comfort of a luxury sedan.

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