Headlines

Industrial Production Rose in April

Industrial production rose 1.1 percent in April after two months of holding unchanged, the U.S. Federal Reserve said Wednesday. In April, manufacturing output increased 0.6 percent after falling 0.5 percent in March.

Diversity

Vikki Vargas Awards First Broadcast Scholarship To Cal State Fullerton Student

Vikki Vargas, NBC4 Southern California's Orange County Bureau Chief this month awarded Stephanie Marcado the first Vikki Vargas Broadcast Journalism Scholarship to Cal State Fullerton's College of Communication.

Business

Southwest Air Postpones Delivery of 30 Boeing 737s

Southwest Airlines, Boeing's biggest customer for single-aisle jets, on Wednesday postponed 20 deliveries of 737s due in 2013 and 10 deliveries in 2014, pushing all 30 deliveries out by four years.

Auto Industry

General Motors Plans to Introduce a Small SUV Called the Chevrolet Trax in Mexico and Canada

General Motors plans to introduce a small SUV called the Chevrolet Trax in a key addition to its foreign product mix.

Renters Rate Hertz as Best

Hertz ranks as the top auto rental company, a new consumer survey released today by Zagat reveals.

Arts & Entertainment

'Battleship' Entertains, Despite Leaks

The jovial and innocuous "Battleship" takes aim at its target audience and fires away, delivering volley after volley of impressive special effects, snicker-worthy dialogue, goofball humor and -- best of all -- aliens vs. the Navy showdowns at sea.

Politics

Jobs Numbers Become Wisc. Political Football

Pushing back against Democratic critics of his jobs record, Wisc. Gov. Scott Walker on Wednesday trumpeted a new job creation number sent this week to federal officials.

Green Economy

Carmakers Introduce Standardized Port to Charge E-Vehicles

Eight big car makers have introduced a standardized port for fast charging electric vehicles that will be made commercially available at the end of this year for vehicles hitting the road in 2013, it was announced.

HB Rankings

Top 20 Hispanic Mexican-American Owned Companies

The Top 20 Hispanic Mexican-American owned companies in the 2011 Hispanic Business 500 Ranking produced revenues of $6.01 billion in 2010. The list is headed by International Bancshares Corp. in Laredo, TX., with 2010 revenues of $677.55 million. Mexican-American owned companies represent an impressive eight of the overall top 20 companies on the 500.

Technology

Apple to Increase Size of iPhone Screen, Reports Say

Apple (AAPL) will make one of its biggest changes yet to its popular smartphone in the next generation of the device, increasing the size of the iPhone's screen by roughly 30 percent, according to multiple media reports Wednesday morning.