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Business news from Rock Hill, SC, | The Herald
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<h2 class="section_name">Business</h2> <div id="main_r1"> <div id="layout_type" class="auto_no_overlay"> <div id="featured" class="horizontal"> <h3> <a href="/web/20130423163331/http://www.heraldonline.com/2013/04/23/4796394/ntsb-probes-safety-testing-of.html">NTSB probes safety testing of Boeing 787 batteries </a> </h3> <p class="subheadline"></p> <a href="/web/20130423163331/http://www.heraldonline.com/2013/04/23/4796394/ntsb-probes-safety-testing-of.html" class="grid_5 alpha"><img alt="FILE - In this Thursday, Jan. 17, 2013 photo provided by the Japan Transport Safety Board shows the distorted main lithium-ion battery, left, and an undamaged auxiliary battery of the All Nippon Airways' Boeing 787 which made an emergency landing on Wednesday, Jan. 16, 2013 at Takamatsu airport in Takamatsu, western Japan. Federal Aviation Administration and Boeing officials were scheduled to testify at a two-day hearing of the National Transportation Safety Board beginning Tuesday April 23, 2013. The board is asking how problems with the aircraft's lithium-ion battery system that led to a fire aboard one plane and smoke in another escaped the notice of regulators and company officials who certified the plane's safety. (AP Photo/Japan Transport Safety Board, File) EDITORIAL USE ONLY, NO SALES" height="254" src="https://web.archive.org/web/20130423163331im_/http://media.heraldonline.com/smedia/2013/04/23/03/28/GpTPx.AuSt.55.jpeg" width="380"/> </a> <div class="grid_3 omega"> <p class="summary"> As airlines prepare to resume flying Boeing's beleaguered 787 Dreamliners, federal investigators looked Tuesday at how regulators and the company tested and approved the plane's cutting-edge battery system, and whether the government cedes too much... <span class="featured_timestamp">2 hours ago</span></p> <p class="summary"> <span class="tout"> <a href="/web/20130423163331/http://www.heraldonline.com/2013/04/23/4796394/ntsb-probes-safety-testing-of.html">Read story</a> </span> </p> <div class="aside"> <h4 class="related_heading">Related</h4> <ul class="related size2"> <li> <h4> <a href="https://web.archive.org/web/20130423163331/http://www.ntsb.gov/"><span class="label">Link: </span>http://www.ntsb.gov </a> </h4> </li> <li> <h4> <a href="https://web.archive.org/web/20130423163331/http://www.twitter.com/AP_Joan_Lowy"><span class="label">Link: </span>http://www.twitter.com/AP_Joan_Lowy </a> </h4> </li> </ul> </div> </div> <div class="clear"></div> </div> </div> </div> <div class="parallel_widgets"> <div class="left"> </div> <div class="right"> </div> <div class="clear"></div> </div> <div id="section" class=""> <h2 class="heading"> <span class="section_current"><span style="display: none;">Archive by category ''</span>Business</span> <div class="ad"> <div class="advertisement dart_150x30" id="dart_150x30_1"><script language="JavaScript" type="text/javascript" src="https://web.archive.org/web/20130423163331js_/http://ad.doubleclick.net/adj/mi.rhh00/Business/Local;atf=y;dcove=d;pl=sectfront;sect=Business;pos=1;sz=150x30;tile=5;!c=news;gender=;year=;income=;ord=446021338042399" type="text/javascript"></script> <noscript><a href="https://web.archive.org/web/20130423163331/http://ad.doubleclick.net/jump/mi.rhh00/Business/Local;atf=y;dcove=d;pl=sectfront;sect=Business;pos=1;sz=150x30;tile=5;!c=news;gender=;year=;income=;ord=446021338042399" target="_blank"><img src="https://web.archive.org/web/20130423163331im_/http://ad.doubleclick.net/ad/mi.rhh00/Business/Local;atf=y;dcove=d;pl=sectfront;sect=Business;pos=1;sz=150x30;tile=5;!c=news;gender=;year=;income=;ord=446021338042399" border="0" alt="Advertisement"></a></noscript> </div> </div> <div class="clear"></div> </h2> <div id="section_wrap"> <div class="section_nav"> <ul> <li id="sfid_867" class="cat-item"> <a title="Don Worthington" href="/web/20130423163331/http://www.heraldonline.com/Don-Worthington/index.html">Don Worthington</a> </li> <li id="sfid_537" class="cat-item"> <a title="Finance News" href="/web/20130423163331/http://www.heraldonline.com/finance-news/index.html">Finance News</a> </li> <li id="sfid_413" class="cat-item"> <a title="Jobs News" href="/web/20130423163331/http://www.heraldonline.com/jobs-news/index.html">Jobs News</a> </li> <li id="sfid_815" class="cat-item"> <a title="Personal Finance" href="/web/20130423163331/http://www.heraldonline.com/personal-finance-news/index.html">Personal Finance</a> </li> <li id="sfid_415" class="cat-item"> <a title="Real Estate" href="/web/20130423163331/http://www.heraldonline.com/real-estate-news/index.html">Real Estate</a> </li> <li id="sfid_116" class="cat-item"> <a title="Technology" href="/web/20130423163331/http://www.heraldonline.com/technology-news/index.html">Technology</a> </li> </ul> </div> <div id="section_content"> <ul class="details" id="featured_story_list"> </ul> <script type="text/javascript"> if($('.section_nav li').text() == "No categories"){ $('.widget.section').addClass('floor'); } // exclude the following featured stories when filtering var exclude_stories = "4796394"; var section_id_path = "/100/106/"; var section_id = "106"; </script> <ul class="details" id="main_story_list"> <li class="article"> <div class="article_text"> <h3 class="dpi_label"><a href="/web/20130423163331/http://www.heraldonline.com/business-news/">BUSINESS</a></h3> <h3> <a href="/web/20130423163331/http://www.heraldonline.com/2013/04/23/4798645/bailed-out-portugal-puts-focus.html">Bailed-out Portugal puts focus on growth policies </a> </h3> <p class="summary"> After two years of relentless austerity and steep recession, bailed-out Portugal's government is adopting new measures to spur growth. </p> <p class="time_stamp"> <span class="section_label"> <span class="pub_timestamp">18 minutes ago</span> <a rel="category tag" title="View all posts in" href=""></a> </span> </p> </div> <div class="clear"></div> </li> <li class="article"> <div class="article_text"> <h3 class="dpi_label"><a href="/web/20130423163331/http://www.heraldonline.com/business-news/">BUSINESS</a></h3> <h3> <a href="/web/20130423163331/http://www.heraldonline.com/2013/04/23/4798644/argentina-tells-sec-it-wants-proof.html">Argentina tells SEC it wants proof in bribery case </a> </h3> <p class="summary"> Argentina wants the U.S. Securities and Exchange Commission to name names and provide proof that Ralph Lauren Corp. bribed customs officials to allow its products into the country. </p> <p class="time_stamp"> <span class="section_label"> <span class="pub_timestamp">18 minutes ago</span> <a rel="category tag" title="View all posts in" href=""></a> </span> </p> </div> <div class="clear"></div> </li> <li class="article"> <div class="article_text"> <h3 class="dpi_label"><a href="/web/20130423163331/http://www.heraldonline.com/business-news/">BUSINESS</a></h3> <h3> <a href="/web/20130423163331/http://www.heraldonline.com/2013/04/23/4798039/new-homes-sales-rise-15-percent.html">New-homes sales rise 1.5 percent in March to 417K </a> </h3> <p class="summary"> U.S. sales of new homes rose in March to a seasonally adjusted annual rate of 417,000. The increase added to evidence of a sustained housing recovery at the start of the spring buying season. </p> <p class="time_stamp"> <span class="section_label"> <span class="pub_timestamp">2 hours ago</span> <a rel="category tag" title="View all posts in" href=""></a> </span> </p> </div> <div class="clear"></div> </li> <li class="article has_figure"> <div class="article_text"> <h3 class="dpi_label"><a href="/web/20130423163331/http://www.heraldonline.com/business-news/">BUSINESS</a></h3> <h3> <a href="/web/20130423163331/http://www.heraldonline.com/2013/04/23/4796809/dupont-says-first-quarter-net.html">DuPont says first-quarter net income soars </a> </h3> <p class="summary"> The DuPont Co. said Tuesday that its net income more than doubled in the first quarter on a gain from the sale of its performance coatings unit and strong continuing results in its agricultural unit. </p> <p class="time_stamp"> <span class="section_label"> <a rel="category tag" title="View all posts in" href=""></a> </span> </p> </div> <a href="/web/20130423163331/http://www.heraldonline.com/2013/04/23/4796809/dupont-says-first-quarter-net.html"><img alt="" height="100" src="https://web.archive.org/web/20130423163331im_/http://media.heraldonline.com/smedia/2013/04/23/08/33/206-GpVK3.AuHi.55.jpeg" width="140"/> </a> <div class="clear"></div> </li> <li class="article"> <div class="article_text"> <h3 class="dpi_label"><a href="/web/20130423163331/http://www.heraldonline.com/technology-news/">TECHNOLOGY</a></h3> <h3> <a href="/web/20130423163331/http://www.heraldonline.com/2013/04/23/4798521/correction-tv-twitter-comedy-festival.html">Correction: TV-Twitter Comedy Festival story </a> </h3> <p class="summary"> In a story April 21 about a comedy festival on Twitter hosted by Comedy Central, The Associated Press misidentified one of the participants. It is Carl Reiner, not his son Rob. </p> <p class="time_stamp"> <span class="section_label"> <span class="pub_timestamp">38 minutes ago</span> <a rel="category tag" title="View all posts in" href=""></a> </span> </p> </div> <div class="clear"></div> </li> <li class="article"> <div class="article_text"> <h3 class="dpi_label"><a href="/web/20130423163331/http://www.heraldonline.com/business-news/">BUSINESS</a></h3> <h3> <a href="/web/20130423163331/http://www.heraldonline.com/2013/04/23/4798503/eu-probes-planned-merger-of-greek.html">EU probes planned merger of Greek airlines </a> </h3> <p class="summary"> The European Commission has opened an in-depth antitrust investigation of the proposed takeover of Greece's Olympic Air by its domestic rival Aegean Airlines. </p> <p class="time_stamp"> <span class="section_label"> <span class="pub_timestamp">43 minutes ago</span> <a rel="category tag" title="View all posts in" href=""></a> </span> </p> </div> <div class="clear"></div> </li> <li class="article"> <div class="article_text"> <h3 class="dpi_label"><a href="/web/20130423163331/http://www.heraldonline.com/business-news/">BUSINESS</a></h3> <h3> <a href="/web/20130423163331/http://www.heraldonline.com/2013/04/23/4798467/coach-3q-profit-rises-6-percent.html">Coach 3Q profit rises 6 percent to top Street view </a> </h3> <p class="summary"> Coach Inc. reported fiscal third-quarter results Tuesday that beat Wall Street expectations as the luxury handbag maker saw sales increase in its flagship North American market, as well as overseas. </p> <p class="time_stamp"> <span class="section_label"> <span class="pub_timestamp">57 minutes ago</span> <a rel="category tag" title="View all posts in" href=""></a> </span> </p> </div> <div class="clear"></div> </li> <li class="article"> <div class="article_text"> <h3 class="dpi_label"><a href="/web/20130423163331/http://www.heraldonline.com/business-news/">BUSINESS</a></h3> <h3> <a href="/web/20130423163331/http://www.heraldonline.com/2013/04/23/4797698/uk-man-convicted-of-selling-fake.html">UK man convicted of selling fake bomb detectors </a> </h3> <p class="summary"> A millionaire businessman who sold fake bomb detectors that were based on a novelty golf ball finder to countries including Iraq was convicted Tuesday of fraud in a British court. </p> <p class="time_stamp"> <span class="section_label"> <span class="pub_timestamp">3 hours ago</span> <a rel="category tag" title="View all posts in" href=""></a> </span> </p> </div> <div class="clear"></div> </li> <li class="article"> <div class="article_text"> <h3 class="dpi_label"><a href="/web/20130423163331/http://www.heraldonline.com/technology-news/">TECHNOLOGY</a></h3> <h3> <a href="/web/20130423163331/http://www.heraldonline.com/2013/04/23/4798432/tv-over-internet-service-aereo.html">TV-over-Internet service Aereo expands to Boston </a> </h3> <p class="summary"> Aereo, the television-over-the-Internet service that is threatening the broadcast and cable TV industries, is expanding to Boston on May 15. </p> <p class="time_stamp"> <span class="section_label"> <span class="pub_timestamp">1 hour ago</span> <a rel="category tag" title="View all posts in" href=""></a> </span> </p> </div> <div class="clear"></div> </li> <li class="article"> <div class="article_text"> <h3 class="dpi_label"><a href="/web/20130423163331/http://www.heraldonline.com/business-news/">BUSINESS</a></h3> <h3> <a href="/web/20130423163331/http://www.heraldonline.com/2013/04/23/4797701/mf-globals-trustee-sues-former.html">MF Global's trustee sues former CEO Corzine </a> </h3> <p class="summary"> The trustee in the MF Global Holdings bankruptcy case has sued ex-CEO Jon Corzine and other former executives, alleging that they "failed to act in good faith" while running the company. </p> <p class="time_stamp"> <span class="section_label"> <span class="pub_timestamp">3 hours ago</span> <a rel="category tag" title="View all posts 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