Site last updated: Friday, April 26, 2024

Log In

Reset Password
MENU
Butler County's great daily newspaper

BUSINESS BRIEFS

WASHINGTON — The Congressional Budget Office Wednesday forecast the U.S. economy will grow by just 1.5 percent in 2014, undermined by a poor performance during the first three months of the year.

The new assessment was considerably more pessimistic than the Obama administration's, which predicted last month the economy would expand by 2.6 percent this year even though it contracted by an annual rate of 2.1 percent in the first quarter.

The economy grew by 0.9 percent during the first half of 2014.

NEW YORK — Time Warner Cable said Wednesday service was largely restored after a problem during routine maintenance caused a nationwide outage of its Internet service for hours.The company said it is still investigating the cause of the problem, which occurred with its Internet backbone — the paths that local or regional networks connect to carry data long distances.The problem affected all of Time Warner Cable's markets and started at 4:30 a.m., sparking widespread complaints on social networks. Service was largely restored by 6 a.m. The company is working to bring all customers back online.

DETROIT — Spiders have forced Suzuki to recall more than 19,000 midsize cars.The automaker says spider webs can clog a fuel vapor vent hose in some 2010 to 2013 Kizashi cars, cutting off air flow. If that happens, it can cause the gas tank to deform, causing cracks, fuel leaks and possible fires.The recall was prompted by seven reports of the problem. Service centers will replace the vent line with one that has a filter on the end. They'll also replace gas tanks if necessary.

More in Business

Subscribe to our Daily Newsletter

* indicates required
TODAY'S PHOTOS