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Detroit raced toward this week’s bankruptcy trial

September 1, 2014 DETROIT — It took decades of mismanagement, malfeasance and meltdowns in its bread-and-butter manufacturing sector for Detroit to hit fiscal rock bottom. more »»

 
 
 
Tesla Motors dealing as states play factory poker

September 1, 2014 LOS ANGELES — From the start, little has been typical about Tesla Motors’ plan for a $5 billion factory to make batteries for a new generation of electric cars. more »»

BRIC wall: Brazil’s economy slips into a recession

August 30, 2014 RIO DE JANEIRO — Brazil’s formerly high-flying economy, once the darling of emerging markets, has fallen into recession, according to government data released Friday, as a legion of newly minted... more »»

US consumer spending dips 0.1 percent

August 30, 2014 WASHINGTON — U.S. consumer spending fell in July, with a drop in auto purchases accounting for most of the weakness. Income growth also slowed. Consumer spending edged down 0. more »»

Experimental Ebola drug heals all monkeys in study

August 30, 2014 An experimental Ebola drug healed all 18 monkeys infected with the deadly virus in a study, boosting hopes that the treatment might help fight the outbreak raging through West Africa — once more of... more »»

Consumer sentiment improves in August

August 30, 2014 WASHINGTON — U.S. consumer sentiment ticked up in August, driven by greater optimism about jobs, rising incomes, and increasing wealth. Yet the increase largely occurred among higher-income groups. more »»

EPA staff says agency must be tough on smog

August 30, 2014 WASHINGTON — The Environmental Protection Agency's staff has concluded that the government needs to tighten smog rules between 7 and 20 percen. more »»

Workers cheer restored Market Basket CEO

August 29, 2014 BOSTON — As Arthur T. more »»

US economy grew at brisk 4.2 pct. rate in Q2

August 29, 2014 WASHINGTON — After a bleak start to the year, the U.S. economy grew at a brisk annual rate of 4. more »»

Yellen's assets up 8 percent during 2013

August 29, 2014 WASHINGTON — Federal Reserve Chair Janet Yellen's assets rose in value by at least 8 percent during 2013, raising their total to between $5.3 million and $14. more »»

Apple to unveil next products at Sept. 9 event

August 29, 2014 SAN FRANCISCO — Apple's latest product launch will be in a setting that holds a special place in its history, signaling how big this event is for the company. The Sep. more »»

Abercrombie name to shrink from clothing

August 29, 2014 NEW YORK — Shares of Abercrombie & Fitch Co. tumbled Thursday after reporting weak sales as more teens shop elsewhere. more »»

Video games come of age as spectator sport

August 28, 2014 NEW YORK — Video games have been a spectator sport since teenagers crowded around arcade machines to watch friends play “Pac-Ma. more »»

Reports: FBI probes JPMorgan hack

August 28, 2014 NEW YORK — The FBI is investigating a hacking attack on JPMorgan Chase and at least one other bank, according to reports citing unnamed sources familiar with the matter. A report on Bloomberg. more »»

IMF chief Lagarde under investigation

August 28, 2014 PARIS — Christine Lagarde, the chief of the International Monetary Fund, was put under official investigation for negligence in a French corruption probe that dates back to her days as France's... more »»

US economy forecast to grow by 1.5 pct in 2014

August 28, 2014 WASHINGTON — The Congressional Budget Office on Wednesday forecast that the U.S. economy will grow by just 1. more »»

Hard to swallow? Burger King may move to Canada

August 26, 2014 NEW YORK — Some Burger King customers are finding it hard to swallow that the home of the Whopper could move to Canad. more »»

Amazon to buy video game streaming platform Twitch

August 26, 2014 NEW YORK — Amazon is hoping to become the ESPN of video games. more »»

Invasive insect threatens iconic Florida citrus crop

August 25, 2014 LAKE WALES, Fla. — Citrus has always been synonymous with Florida. The orange adorns the state license plate. The University of Florida’s famed football stadium was named after an orange magnate. more »»

 
 
 
 
 
 

 

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