Newspaper article St Louis Post-Dispatch (MO)

Business Digest

Newspaper article St Louis Post-Dispatch (MO)

Business Digest

Article excerpt

State Farm eyes drones * State Farm, the nation's biggest home and auto insurer, said it's considering using drones. Last week, rival USAA sought permission from the Federal Aviation Administration to research the use of a drone that the insurer said would improve its ability to process claims in disaster-stricken areas. State Farm, based in Bloomington, Ill., is "exploring a number of emerging technologies, including unmanned aerial systems, that have the potential to help us better serve our customers," spokeswoman Missy Dundov told the Chicago Tribune in response to a query about USAA's plans. She declined to elaborate, citing the industry's "competitive nature."

Truck mats recalled * A company that makes aftermarket floor mats for General Motors' full-size pickups and SUVs is recalling more than 45,000 mats because they can interfere with the gas pedals. Omix Ada of Suwanee, Ga., said the recall covers Cabela's Custom Fit, Line-X Truck Gear, Rugged Ridge All-Terrain and Tread Lightly mats. They can move forward unintentionally and stop the gas pedal from returning to the idle position. That can increase the risk of a crash. The mats were made from Nov. 1, 2009, to Aug. 27, 2014, and most were sold at O'Reilly Auto Parts stores. People with questions can call 844-642-7625.

Sears, JCP face more woes * Two retailers are getting battered on Wall Street after dismal reports on the cusp of the holiday retail season. Shares of Texas-based J.C. Penney fell 11 percent to close at $8.19 after CFO Ed Record told analysts that third-quarter sales in stores open at least a year would be lower than previously announced. Shares of Sears Holdings Corp., the parent company of Sears, dropped 4.8 percent to $28.85 after Bloomberg News reported that at least one vendor is halting shipments to the Hoffman Estates, Ill.-based retailer just before the holiday season. Bloomberg said Wednesday that a Sears vendor was halting shipments because it couldn't obtain insurance to guarantee it would be paid for its products. …

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