Infosys to settle US visa fraud case for $34M

PLANO, Texas — Federal authorities say the $34 million settlement it reached with Indian technology outsourcing giant Infosys fixes "systemic issues" targeted in a major visa fraud and immigration abuse case. Infosys said Wednesday that it agreed to...

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Minimum wage fight moves to Wash. city ballot

SEATAC, Wash. — The latest flashpoint in the nation's debate over the minimum wage will happen on the ballot in a small suburb south of Seattle. Residents of SeaTac, Wash., will decide on November 5 whether to give employees at Seattle-Tacoma International...

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Surgical Care Affiliates climbs after $235M IPO

NEW YORK — Shares of Surgical Care Affiliates are rising after the outpatient surgical center operator's initial public offering raised a total of $234.7 million. The company's IPO of 9.8 million shares priced at $24 per share, at the high end of its...

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Calder's heirs accuse longtime NY dealer of fraud

NEW YORK — Heirs of sculptor Alexander Calder are accusing his dealer of swindling his estate out of tens of millions of dollars. The New York Times reports  that a lawsuit filed in New York describes art dealer Klaus G. Perls as a tax cheat who...

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ADP: US companies add just 130K jobs in October

WASHINGTON — A private survey shows U.S. businesses added just 130,000 jobs in October, as the 16-day partial government shutdown slowed an already-weak job market. Payroll processor ADP also said Wednesday that companies created just 145,000 jobs in...

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Concerns raised about security of health website

WASHINGTON — Defending President Barack Obama's much-maligned health care overhaul in Congress, his top health official was confronted Wednesday with a government memo raising new security concerns about the trouble-prone website that consumers are using...

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Anheuser-Busch InBev, Teamsters to start talks

ST. LOUIS — Anheuser-Busch InBev and the Teamsters union are about to begin contract talks for the first time since the Belgian brewer InBev purchased the maker of Budweiser, Bud Light and other beers five years ago. Meetings will start early next month,...

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Oil falls after another increase in US supplies

NEW YORK — The price of oil fell more than $1 a barrel Wednesday as the U.S. government reported another big increase in crude oil supplies. Benchmark U.S. crude for December delivery dropped $1.10 to $97.10 a barrel at midday on the New York Mercantile...

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Search for dark matter comes up empty so far

LEAD, S.D. — Nearly a mile underground in an abandoned gold mine, one of the most important quests in physics has come up empty-handed in the search for the elusive substance known as dark matter, scientists announced Wednesday. The most advanced Earth-based...

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City: Odor from Sriracha chili plant a nuisance

IRWINDALE, Calif. — It looked like things were really starting to heat up for this little Southern California factory town when the maker of the Sriracha chili sauce known the world over decided to open a sprawling 650,000-square-foot factory within...

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