NEW YORK (AP) — U.S. stocks are moving slightly higher in midday trading after investors got some encouraging news about home building and corporate earnings. Investors were encouraged by a bounce in home construction and news that consumer prices rose at the slowest pace in five months. Bond prices are flat. The yield on the 10-year Treasury note is holding at 2.40 percent.
CARLSTADT, N.J. (AP) — Casinos, hotels, a convention center and a monorail could be on the horizon at New Jersey’s Meadowlands. That’s the plan business leaders have laid out today to transform the area into a multivenue entertainment district. The head of the Meadowlands Regional Chamber of Commerce says the goal isn’t to build a new Atlantic City.
NEW YORK (AP) — McDonald’s plans to start selling its packaged coffee at supermarkets nationally by early next year. It’s a move intended to help raise the profile of the coffee sold at its U.S. restaurants. The world’s biggest hamburger chain is partnering with Kraft Foods to manufacture and distribute the bags of McCafe ground and whole bean coffee, as well as single-cup pods that can be used in at-home coffee machines. Other chains, such as Starbucks and Dunkin’ Donuts, already sell branded packaged coffee at retailers.
WASHINGTON (AP) — Brita is recalling more than 242,000 children’s water filter bottles because the bottle lid can break, possibly causing serious cuts. Brita has received 35 reports of lids breaking or cracking, but no injuries have been reported. The recalled bottles are a violet bottle with Dora the Explorer, a pink bottle with Hello Kitty, a blue bottle with SpongeBob Square Pants and a green one with Teenage Mutant Ninja Turtles. Each bottle has a Brita logo and white lid.
DETROIT (AP) — Recaro is recalling more than 39,000 child safety seats because they can let a child’s head move too far in a crash. The recall covers ProSport model 385 seats made from June 16, 2010, to Jan. 31, 2013. The problem happens when the seats are installed with the lower latch anchors and without the top tether. Recaro will notify owners and provide set of new instructions telling them not to use the lower latch system with a child weighing 40 or more pounds.
Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
