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I SATURDAY, JUNE 28, 2014 B7 DOW 16,851.84 5.710.03 NASDAQ 4,397.93 18.880.43 1,960.96 3.740.19 Find blogs, personal finance stories and business news on statesman.com business. News: businessstatesman.com or 512-445-3835 Subscribe: statesman.comsubscribe HEALTHCARE AUSTIN AMERICAN-STATESMAN WhiteGlove buys Maryland firm pabilities. The combination of these two leading and innovative businesses will help payers, providers and employers improve patient care while containing costs." Terry Spoleti, Glenridge Healthcare's president, will remain with the company as chief innovation officer and also serve on the WhiteGlove Health board of directors. She said she is "excited by the vision of the combined business." "By combining our two companies we are better situated to help our clients improve the health of populations, implement quality provider net- works, and manage costs," Spoleti said in a written statement. Founded in 2007 by software entrepreneur Bob Fabbio and Dr.

Bill Rice, WhiteGlove Health initially provided routine medical care to people at home or work. The company last year shifted its focus to a more comprehensive approach of health and wellness services for an employer's workers and dependents. In 2011, WhiteGlove Health called off plans for an initial public offering of stock because of volatile market conditions. As of 2013, WhiteGlove Health had about 110 employees. vices.

Glenridge Healthcare's headquarters and employees will remain in Columbia, according to WhiteGlove Health officials. "The acquisition of Glenridge strengthens WhiteGlove Health's position as a key partner for payers, providers and employers as they continue to adapt to the new health care environment," Nicholas Balog, CEO of WhiteGlove Health, said in a written statement. "Our health care service offerings to payers, providers and employers are highly synergistic with Glenridge 's ca Glenridge Healthcare Solutions is health care technology company. American-Statesman staff Austin-based WhiteGlove Health a mobile health care and health management provider, has acquired a Maryland-based health care technology company. Financial terms were not released for WhiteGlove 's purchase of Glenridge Healthcare Solutions, which provides network development and data management software and ser ECONOMY Financial gains boost consumer confidence confidence, despite setbacks in the economy during the harsh winter, grocery stores like this Kroger in Louisville, Ky.

luke sharrett Bloomberg AUTOMAKERS GM recalls another 474,000 vehicles DETROIT General Motors says it's recalling another 474,000 vehicles worldwide including new pickup trucks and SUVs for a transmission problem. It's the 48th recall for the company so far this year, covering more than 20 million vehicles. GM announced three recalls late Friday. The largest covers almost 467,000 four-wheel-drive Chevrolet Silverado and GMC Sierra pickups, as well as GMC Yukon and Chevrolet Tahoe and Suburban SUVs. The company says the transmissions can shift into neutral on their own.

That can cause loss of power or let the trucks roll away if parked. GM says it knows of no crashes or injuries. The other recalls are much smaller. One covers the Chevrolet SS and Caprice police cars for windshield wipers. The other covers Chevy Corvettes with defective rear shock absorbers.

AIRLINES Man who helped create Southwest Airlines dies DALLAS Rollin King, a San Antonio businessman who helped start Southwest Airlines Co. and create a new age of competition in the airline industry, has died at 83. King died Thursday in Dallas of the effects from a major stroke about a year ago, his son, Edward King, told The Associated Press. Longtime Southwest CEO Herb Kelleher praised King for coming up with the idea of a discount airline that would serve Texas travelers. Kelleher said in a statement issued by Southwest on Friday that King's idea for a low-cost, low-fare airline with quality service became a model worldwide.

BANKING Federal regulators close Oklahoma bank WASHINGTON Regulators have closed a lender in Oklahoma, bringing U.S. bank failures this year to 12 after 24 closures in all of 2013. The Federal Deposit Insurance Corp. said Friday that it has taken over Freedom State Bank, based in Freedom, Oklahoma. The bank, which operated one branch, had about $22.8 million in assets and $20.9 million in deposits.

Alva State Bank Trust Co. agreed to pay the FDIC a premium of 1 percent to assume all the deposits of Freedom State Bank. It also agreed to buy roughly $17.7 million of the failed bank's assets. The failure of Freedom State Bank is expected to cost the deposit insurance fund $5.8 million. U.S.

bank failures have been declining since they peaked in 2010 in the wake of the financial crisis. Only three banks went under in 2007. That jumped to 25 in 2008 and ballooned to 140 in 2009. In 2010, regulators seized 157 banks, the most in any year since the savings and loan crisis two decades ago. The FDIC has said 2010 likely was the high-water mark for bank failures from the recession.

They declined to 92 in 2011 and fell to 51 in 2012. ENERGY Oil price holds steady on quiet day for energy The price of oil held steady on Friday on a quiet day for energy markets. Benchmark U.S. crude for August delivery edged 10 cents lower to close at $105.74 a barrel in New York. Brent crude, a benchmark used to price international oils used by many U.S.

refineries, rose 9 cents to close at $113.30 a barrel in London. The price of both U.S. and international oils have slipped somewhat in recent days since reaching 10-month highs late last week, a sign investors are starting to believe that the violence in Iraq won't spread to the oil-producing south. The national average retail price of gasoline held steady at $3.68 per gallon, according to AAA, OPIS, and Wright Express. It's the highest national average for this time of year since 2008.

From staff and wire services MEDIA Fox 7 to debut 10 p.m. newscast Four English-language stations will now offer local news at that hour. ByGaryDinges gdingesstatesman.com Austin's already competitive 10 p.m. news landscape is getting another competitor. Fox-owned KTBC will debut a 30-minute newscast in that time slot on weeknights this fall, making it the city's fourth English-language broadcast station to offer local news at that hour.

Central Texas has a pair of Spanish-language 10 p.m. newscasts, as well. The new Fox 7 newscast will debut in August, the station said. Christine Haas will anchor the 10 p.m. broadcast, according to a station spokeswoman.

Haas and Mike Warren currently anchor Fox 7's evening newscasts at 5 and 9 p.m., which will continue to air. This isn't the first time Fox 7 has aired a 10 p.m. newscast. The station had one until August 2000, when it was replaced by the 9 p.m. newscast.

At the time, reruns of "Seinfeld" and "The Simpsons" ran at 9 p.m., bridging the hourlong gap between Fox primetime and KTBC's 10 Newscast continued on B8 Christine Haas will anchor the Fox 7 news at 10 p.m. when the broadcast beginstoairin August. debt according to the EU-man-dated rules, the so-called growth and stability pact. But Finland's new Prime Minister Alexander Stubb said stability was paramount to avoid another financial crisis. He insisted the rules "need no more flexibility." Eurozone continued on B8 car-buying trade-in value of their current car or truck.

They could even walk into a dealership with a price locked in. "It's truly become an equalizer in the shopping and negotiating process," Lenard said at a recent Ford event. The no-haggle approach Cars continued on B9 A continued high level of consumer translates into greater spending at Level of optimism remains high thanks in part to job growth. From wire services Consumer confidence rose slightly this month as Americans reported the strongest gains in their personal financial situation in seven years, according to results of a leading private survey released Friday. The consumer sentiment index from the University of Michigan and Thomson Reuters rose to 82.5, from 81.9 in May.

The increase was slightly above analysts' expectations. Confidence "has remained largely unchanged for the past six months," said Richard Curtin, an economist at the University of Michigan and director of the survey. ECONOMY Improved personal finances for many Americans have bolstered shopping, including these customers who visited a Victoria's Secret in New York City's SoHo neighborhood, atisha paulson Bloomberg contracted at a 2.9 percent annual rate from January through March, the worst per- Confidence continued on B8 EU leaders clash on budget, debt limits Bloc's rules mandate lower levels, but some nations want flexibility. Associated Press BRUSSELS With economic growth still anemic across the European Union, the bloc's leaders clashed Friday over E-COMMERCE "This was remarkable" given that the economy shrank in the first quarter. The Commerce Department said this week the economy whether to loosen rules limiting government budget deficits and debt.

Italy, Belgium and others argued more flexibility is needed so they can boost the economy and support job creation, but some northern European nations, including Germany, rejected the idea. Belgian Prime Minister El- Auto websites once filled mostly with reviews and advice are getting more sophisticated, connecting potential buyers with dealers and offering instant price guarantees. Some let buyers estimate their trade-in values and turn in credit applications online. One company even lets buyers complete the io di Rupo said at a meeting of EU leaders there needs to be "more flexibility, specifically for certain countries seeking to balance their budgets a few years later." "Growth needs to be restarted to avoid hurting companies and citizens," he added. Belgium is among the countries that need to reduce their entire sale online and get cars delivered to their door.

The Internet lets shoppers enter a showroom armed with the same information as a dealer, said Chantel Lenard, Ford Motor U.S. marketing director. Sites let buyers configure their vehicles, see what others paid and estimate the Websites offering another option for Comparing vehicles, estimating prices are getting easier online. Associated Press DETROIT Want to take some of the stress and mystery out of the car-buying process? Get on the Internet..