Business

Business

Foldable screens getting push as next big thing for phones

SAN FRANCISCO (AP) — For the past few years, the smartphone industry has been searching for a breakthrough to revive a market mired in an innovation lull and a sales slump. A potential catalyst is on the horizon in the form of flexible screens that can be folded in half without breaking.

AG seeks default judgment against Suburban Express, accuses it of stalling

CHAMPAIGN — Illinois Attorney General Lisa Madigan is seeking a default judgment against Champaign-based Suburban Express and is accusing the bus company of stalling.

Madigan sued the bus company and its owner, Dennis Toeppen, in April for alleged discrimination and harassment of his customers, with the goal of getting the company to follow the law or go out of business.

BMW earnings fall amid market disruptions

FRANKFURT, Germany (AP) — Germany luxury automaker BMW said Wednesday that its net profit fell 24 percent in the third quarter as the company spent more on new technology and faced market disruptions due to other companies failing to get vehicles certified in time for new European Union emissions tests.

Papa John's still struggling after founder's departure

Papa John's continues to struggle with the fallout from its founder's noisy departure, but its CEO says a new ad campaign is helping turn things around.

The pizza chain said Tuesday it lost $13 million in the third quarter, a 160 percent decline from the July-September period a year ago.

Amazon says it now might built its second HQ in two cities

NEW YORK (AP) — After a yearlong search for a second home, Amazon is now reportedly looking to build offices in two cities instead of one, a surprise move that would still have a major impact on wherever it ultimately selects.

China grants Trump family 18 trademarks in 2 months

SHANGHAI (AP) — The Chinese government granted 18 trademarks to companies linked to U.S. President Donald Trump and his daughter Ivanka Trump over the last two months, Chinese public records show, raising concerns about conflicts of interest in the White House on the eve of national elections.

CVS Health tops 3rd-quarter earnings forecasts

More prescriptions and lower taxes pushed CVS Health past third-quarter expectations as the pharmacy giant closed in on a deal it will use to change how millions of people manage their health.

CVS Health said Tuesday that it expects to complete its $69 billion acquisition of the nation's third-largest health insurer, Aetna, before Thanksgiving.

ADM's 3rd-quarter income exceeds expectations

CHICAGO (AP) — Archer Daniels Midland Co. (ADM) on Tuesday reported third-quarter net income of $536 million.

The Chicago-based company said it had net income of 94 cents per share. Earnings, adjusted for non-recurring gains, came to 92 cents per share.

Amazon considering N.Y. amid reports headquarters will be split

NEW YORK (AP) — New York is one of the finalists in Amazon's search to build another headquarters, according to a person familiar with the talks.

After a yearlong search for a second home, Amazon is now reportedly looking to build offices in two cities instead of one, a surprise move that could still have a major impact on the sites it ultimately selects.

Urbana council gives final approval for Union Gardens complex

URBANA — City council members approved two ordinances Monday that allow Indiana-based Trinitas Ventures to break ground on Union Gardens, a luxury student-housing development that will straddle the Champaign-Urbana line north of the historically black Carver Park subdivision in Champaign.

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