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Business

  • Hyundai Motor to pay $10 billion for Gangnam land
      SEOUL, South Korea – A consortium led by Hyundai Motor Co. has offered $10 billion for land in Seoul’s tony Gangnam district where it will build a new headquarters.
  • Consumer prices fall, easing inflation fears
    WASHINGTON – U.S. consumer prices edged down in August, the first monthly drop since the spring of 2013, as gasoline, airline tickets and clothing prices all fell.
  • Fed to keep interest at record low
    WASHINGTON – The Federal Reserve signaled Wednesday that it plans to keep a key interest rate at a record low because a broad range of U.S. economic measures remain subpar.
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Changing of the guard

Samuel Hoffman | The Journal Gazette
John Woods, left, and Pete Beber of Creative Sign Resources hang the Carmike Jefferson Pointe sign Thursday. Carmike bought Rave locations in six states in November.

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