Eegee's to hold fair to fill 100 jobs on Saturday

Tucson-based restaurant chain Eegee's will hold a job fair Saturday from 2 to 6 p.m. at its corporate office, 3360 E. Ajo Way. Its goal is to fill up to 100 positions, from entry-level crew members to store managers as well as commissary employees and drivers.

Entry-level crew members start at $8.20 per hour and qualified store managers start at $36,000 with bonus opportunities, the company said in a news release. Full job descriptions and a downloadable application are at eegees.com/careers online.

Arizona Daily Star


600,000 Hyundai owners may get mileage payment

Hyundai Motor Co. is close to settling 38 federal lawsuits filed after it overstated the fuel economy of its cars.

In a filing this week in U.S. District Court in Los Angeles, Hyundai says it will make lump-sum payments to around 600,000 owners of cars and SUVs from the 2011 through 2013 model years, including the Elantra sedan. The amount of the payments wasn't given. They will vary based on vehicle and how much its mileage was overstated.

Hyundai's sister company, Kia Motors, is still deciding whether to participate in the settlement. Approximately 300,000 Kia owners are affected.

The vehicles involved include the Hyundai Azera, Accent, Genesis, Santa Fe, Sonata Hybrid, Tucson and Veloster and the Kia Optima Hybrid, Rio, Sorento, Soul and Sportage.

The Environmental Protection Agency found inflated numbers on 13 Hyundai and Kia vehicles in November. Hyundai and Kia blamed a procedural error.

Since then Hyundai and Kia have been compensating owners with payments of around $88 annually. Some buyers refused to settle and sued.

4Q bank earnings rise as lending increases

Profits at U.S. banks jumped almost 37 percent for the October-December period, reaching the highest level for a fourth quarter in six years as banks continued to step up lending.

The figures are fresh evidence of the industry's sustained recovery more than four years after the financial crisis.

Banks earned $34.7 billion in the last three months of 2012, up from $25.4 billion a year ago and the highest for a fourth quarter since 2006, the Federal Deposit Insurance Corp. reports.

Factory orders, sales of homes on the rise

In economic reports released Wednesday:

• Orders for U.S. factory goods that signal business investment plans jumped last month by the most in more than a year, suggesting companies are confident about their business prospects, the Commerce Department said.

• A measure of the number of Americans who signed contracts to buy homes rose in January from December to the highest level since 2010, the National Association of Realtors said.

Apple CEO promises 'great stuff' to come

CUPERTINO, Calif. - Apple CEO Tim Cook sought to reassure shareholders worried about the company's sagging stock price. "We have some great stuff coming," Cook said during Apple's annual meeting.

True to Apple's secretive nature, he didn't give details but said Apple may enter new product categories.

The Associated Press