Former Johnson & Johnson CEO dies

Johnson, 92, died at his home in Osterville, Mass., The New York Times reported Sunday.

American, pilots spar over fuel loads

The two sides digress, however, when it comes to unexpected variables such as flights being diverted while in the air.

Consumer Corner: Trading in brand names

With consumers in a money-saving mood but still seeking more upscale products, retailers are hoping to make inroads with private labels that encompass products with premium ingredients and more lucrative margins than brand names.

Cirrus planning lower-cost corporate jet

Just before a prototype of the Vision SF 50 flew over the Twin Cities Friday, the company touted the single-engine jet, expected to be priced at $1.5 million, as an alternative to the multimillion-dollar corporate jets that require a commercially licensed pilot.

Auto-security company LoJack lays off 46

The layoffs will be primarily among employees at the company's headquarters and field sales staff, the company said.

Murdoch sells Beliefnet to investment firm

Terms were not disclosed. About half of Beliefnet's 50 employees are expected to lose their jobs, the Los Angeles Times reported.

Starbucks to unveil new model coffeehouse

The Starbucks-branded outlet will open in the city's Capitol Hill neighborhood following a two-month renovation that will begin next month, a company spokeswoman told the Seattle Times.

NYC already misses Ford, Lincoln taxis

Ford has announced it will soon close the plant in Canada that manufactures the roomy Ford Crown Victoria and the venerable Lincoln Town Car, leaving the Big Apple looking at smaller cars, including hybrids and even Volkswagens, as replacements.

Boeing: Dreamliner 787 planes delayed

Boeing 787 program chief Scott Fancher said Friday deliveries of completed Dreamliner sections to Everett, Wash., would be slowed during September, The Seattle Times reported.

NYC already misses Ford, Lincoln taxis

Ford has announced it will soon close the plant in Canada that manufacturers the roomy Ford Crown Victoria and the venerable Lincoln Town Car, leaving the Big Apple looking at smaller cars, including hybrids and even Volkswagens, as replacements.

CIT Group pays $1.25 billion of debt

The institution, a conduit of funds to small and midsized lenders, said it made the prepayment by selling assets and securitizing receivables, The Wall Street Journal reported.

Financial reform could be signed by July 4

The House and Senate are set to vote next week on the legislation after a 20-hour marathon negotiation between leaders seeking to reconcile separate versions, The Washington Post reported.