Honda to inspect 2011 Accords, CR-Vs for oil leaks

Honda Motor Co. will notify about 1,200 owners of 2011 Accords and CR-Vs of possible engine oil leaks due to a manufacturing problem, a company spokeswoman said Monday.

The automaker also has notified dealers that some 5,000  2011  Accords and 4,300  2011 CR-Vs on dealer lots must be inspected for the part involved, spokeswoman Gina Cappelletti said. Get the full story »

NBC plans ‘Idol’ rival early next year

Bloomberg News | NBC will start airing “Voice of America,” a takeoff of a Dutch show, to battle ABC’s “American Idol” early next year.

Tribune Co. signs wire deal with Reuters America

Tower Ticker |  The Chicago Tribune and other Tribune Co. newspapers have signed a multiyear agreement to become charter subscribers to the new Reuters America wire service, a move that will make them less reliant on Associated Press for print and online content.

Though Tribune Co. papers have experimented since May with eschewing AP content in news, business and features — and, in selected trial weeks, sports as well — there is  no plan by the newspapers to drop the 164-year-old wire service whose content is ubiquitous in print and online. Get the full story »

Sweeteners latest battlefront in soft-drink wars

The soft drink makers who brought you the “cola wars” are gearing up to fight on another battlefield, where the secret weapons are sweeteners and “flavor enhancers.”

John Sicher, editor of trade publication Beverage Digest calls it the “ingredient war.” Get the full story »

GM seeks to buy out thousands in skilled trades

General Motors Co. said Monday that it was looking to reduce its payroll by several thousand skilled trade workers at 14 U.S. plants in the first quarter of 2011.

GM has offered $60,000 to skilled trades workers who retire or leave the automaker’s payroll by March, said spokesman Chris Lee. The automaker has a “a couple thousand” more skilled trade workers than it needs in the U.S., Lee said. Get the full story »

Gawker breach spreads to Twitter

A spam attack on Twitter shows why it’s wise to use different passwords for Internet accounts.

Twitter said Monday that hackers broke into an unspecified number of accounts and sent spam promoting acai berry drinks. Twitter says the passwords came from a  breach at Gawker Media, which runs Gawker, Gizmodo and other technology and media sites. People who used the same passwords for both sites were vulnerable. Get the full story »

BDT Capital to take majority stake in Weber grills

Palatine-based Weber-Stephen Products Co., maker of charcoal and gas grills, said  BDT Capital Partners LLC has agreed to acquire a majority interest in the Weber business through a newly formed partnership with the Stephen family.

“This partnership with BDT Capital Partners allows us to continue to invest in the business, produce innovative, high-quality products, deliver strong customer service and build upon the global strength and heritage of the Weber brand,” said James  Stephen, second generation chief executive of Weber-Stephen Products Co. Get the full story »

Boeing boosts jet prices 5.2%

From Bloomberg News | Boeing Co. is raising aircraft prices by about 5.2 percent, the first increase in two years, and dropping the short-haul version of the 787 Dreamliner. Get the full story>>

Baxter board OKs new $2.5B share buyback

Baxter International Inc. said its directors have approved a share repurchase program of up to $2.5 billion of the company’s common stock. Get the full story »

Payroll services providers strike merger deal

Payroll software firm Paychex Inc. agreed to buy privately held SurePayroll Inc. for an undisclosed sum.

Rochester, N.Y.-based Paychex provides a full menu of services for small to medium-size businesses such as payroll, human resources and employee benefits outsourcing. Meanwhile, SurePayroll, which has about 30,000 small business customers, provides online payroll services through banking partners including  Citibank, Harris Bank and SunTrust Bank. Get the full story »

International fees help add $900M to airline revenue

The sky appears to be the limit when it comes to the money airlines make by charging passengers to check luggage.

The 20 largest U.S. carriers collected $906.4 million in baggage-related revenue in the third quarter, a 23 percent jump from 2009 results, according to data released Monday by the Bureau of Transportation Statistics. Get the full story »

JetBlue to pay $600,000 for violations

JetBlue has been ordered to pay $600,000 for what the government said were violations of rules for handling disabled passengers and disclosing flight information to passengers. Get the full story »

Klein Tools to open small R&D facility in Texas

Klein Tools Inc. confirmed plans to open a small research and development facility in Mansfield, Texas that will employ between 20 and 30 people

The Lincolnshire-based company bought a 126,000 square-foot building for $4.5 million in Mansfield earlier this year to prepare for the facility, which will be used to test certain robotic and automated equipment, Chris Hargan, Klein Tools senior vice president of operations told the Tribune. Get the full story »

Poll: Americans support extending tax cuts

As the Senate gears up for a key vote on the package to extend tax cuts, polls released Monday showed that the American people, regardless of political party or persuasion, strongly favored the agreement hammered out by the Obama administration and Republicans.

According to the latest poll by the Pew Research Center for the People & the Press, 60 percent of those questioned said they favored the agreement, which has been attacked by House liberals and Senate conservatives. About 22 percent said they disapproved. Political support is about even, with 63 percent of Democrats saying they back it, as do 62 percent of Republicans and 60 percent of independents.

Federal judge: Health care reform law unconstitutional

A federal judge declared the foundation of President Barack Obama’s health care law unconstitutional Monday, ruling that the government cannot require Americans to purchase insurance. The case is expected to end up at the Supreme Court.

In his order, U.S. District Judge Henry E. Hudson said he will allow the law to remain in effect while appeals are heard, meaning there is unlikely to be any immediate impact on other provisions that have already taken effect. The insurance coverage mandate is not scheduled to begin until 2014.