Business

Business

Ford sets sights on fully autonomous car by 2021

DETROIT (AP) — Ford Motor Co. intends to have a fully driverless vehicle — no steering wheel, no pedals — on the road within five years. The car will initially be used for commercial ride-hailing or ride-sharing services; sales to consumers will come later.

Ford CEO Mark Fields announced the new goal Tuesday at the company's Silicon Valley campus in Palo Alto, Calif.

Consumer prices unchanged in July

WASHINGTON (AP) — U.S. consumer prices were unchanged in July as a big drop in gasoline and other energy prices kept inflation under control.

Home construction climbed to 6-month high in July

WASHINGTON (AP) — Apartment construction in the Northeast fueled a jump in homebuilding in July as the pace of housing starts nationwide reached the strongest pace in six months.

Factory output jumps 0.5% for biggest gain in year

WASHINGTON (AP) — U.S. factories cranked out more autos, machinery and chemicals in July, lifting production by the most in a year.

The Federal Reserve said Tuesday that factory output grew 0.5 percent in July, after a 0.3 percent gain in June.

Hackers may have hit hotels in 10 states, D.C.

NEW YORK (AP) — An undisclosed number of people who used credit cards at 20 Hyatt, Sheraton, Marriott, Westin and other hotels in 10 states and the District of Columbia may have had their cards compromised as a result of a hack of the hotels' payment system.

Study: Most of methane hot spot comes from natural gas leaks

DENVER (AP) — A puzzling concentration of the greenhouse gas methane over the Southwestern United States appears to come mostly from leaks in natural gas production, scientists said Monday.

Homebuilder sentiment rises in August as sales improve

U.S. homebuilders are feeling more optimistic about the housing market this month, reflecting strong growth in new-home sales and prices.

The National Association of Home Builders/Wells Fargo builder sentiment index released Monday rose two points to 60 following a downwardly revised reading of 58 in July.

Common Ground cancels plans for Champaign location

CHAMPAIGN — Common Ground Food Co-Op won't be adding a store in Champaign after all.

Julie Zilles, president of the co-op's board of directors, confirmed Sunday afternoon that the organization has discontinued plans for a Champaign store.

It's Your Business: Legends tees up renovation

Legends Driving Range and Executive Course at 4551 Nicklaus Drive, C, is in the midst of a major renovation project.

Assistant golf pro Ryne Burnett said a complete remodeling of the interior and other improvements are underway at the nine-hole facility.

Later this month, work crews will begin reconstruction of the west side of the driving range tee.

Wired In: William Widjaja

On Sundays, staff writer Paul Wood spotlights a high-tech difference-maker. This week, William Widjaja, 19, an electrical engineering major and CEO of Tweetsense.

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