A lawsuit filed Monday in St. Louis Circuit Court alleges that the St. Louis Post-Dispatch violated its operating agreement with newspaper carriers.
According to the St. Louis Business Journal, 26 individuals and companies that distribute the paper say the Post-Dispatch violated its operating agreement with carriers by charging subscribers for newspapers that they did not deliver when the subscriber was on vacation, by not properly paying carriers for Sunday and weekend papers and other complaints.
The Post-Dispatch declined comment.
Profit and revenue at Coca-Cola fell in the third quarter. The soft drink company’s North America soda volume declined by 9.5 percent for Diet Coke sales and a 3 percent drop was recorded for sales of its regular, full-calorie Coke. Read more here.
U.S. companies such as General Motors and Boeing are reporting better earnings than expected. Earnings at GM are up 4 percent while Boeing’s earning report cited a 2 percent increase on Wednesday, as the the Dow Jones industrial average climbed 49 points in early trading. Learn more here.
Toyota Motor Corp. has issued a recall of 6.5 million vehicles because a defective power window switch has been found to potentially cause fires. The recall includes the auto maker’s Yaris, Corolla, Matrix, Camry, RAV4, Highlander, Tundra models, of which an estimated 2.7 million are in North America. Find out more here.
-Will Buss, BND business writer