Salem Radio Network News Friday, July 11, 2014

business

NEW YORK (AP) – The prospect of another European debt crisis has been causing anxiety for investors and stocks took a hit Thursday as a result. The worries center on the financial stability of Espirito Santo International, a holding company that is the largest shareholder in a group of firms, including the...
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Chrysler to recall 900,000 SUVs to fix mirror wiring

(Reuters) – Chrysler Group LLC [CHRY.UL] said it would recall almost 900,000 sport utility vehicles (SUVs) to fix the wiring for vanity mirror lights in sun visors, to prevent short circuits. Some 2011-2014 models of Jeep Grand Cherokee and Dodge Durango will be recalled,...
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Japan economics minister warns of premature QE exit, sees room for more easing

By Leika Kihara and Yuko Yoshikawa TOKYO (Reuters) – Japanese Economics Minister Akira Amari warned that it would be premature for the Bank of Japan to consider an exit strategy from its massive stimulus program, voicing hope instead for further monetary easing if...
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Reynolds American in Talks to Acquire Lorillard

Jul 11, 2014

July 11 (Bloomberg) -- Reynolds American Inc., the producer of Camel cigarettes, said it’s in talks to acquire Lorillard Inc. and that 42 percent-shareholder British American Tobacco Plc is expected to support the transaction. Scarlet Fu reports on “Bloomberg Surveillance.” (Source: Bloomberg)

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Michael Ramirez
Wed, Jul 2, 2014

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