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Orders for US durable goods jump 3.4 percent in June

July 28, 2015 WASHINGTON — Orders to U.S. factories for big-ticket manufactured goods posted a sizable gain in June, but the advance was fueled by higher demand for commercial aircraft. more »»

Teva buys Allergan generic company for $40.5B

July 28, 2015 JERUSALEM — Israel’s Teva Pharmaceutical Industries Ltd. said Monday it is purchasing Dublin-based Allergan PLC’s generic pharmaceuticals business for $40. more »»

Settlement with gov’t could prove costly

July 28, 2015 DETROIT — Fiat Chrysler could be required to lay out hundreds of millions of dollars to get potentially defective Ram pickups and older Jeeps off the road under a deal with safety regulators to... more »»

WTO approves Kazakhstan’s membership

July 28, 2015 BERLIN — Kazakhstan is set to become the 162nd member of the World Trade Organization after the Geneva-based body formally approved the country’s membership Monday. more »»

Mitsubishi, UAW together for Illinois plant

July 28, 2015 CHAMPAIGN, Ill. — Mitsubishi Motors and the United Auto Workers said Monday that they will work together to look for a buyer for the central Illinois plant the company plans to close. more »»

Republic plunges on possible flight disruptions

July 28, 2015 DALLAS — Republic Airways warned that its operation of regional flights for the nation’s biggest airlines could be disrupted by a pilot shortage and labor standoff. more »»

Verizon workers vote to authorize strike, if necessary

July 27, 2015 NEW YORK — Verizon workers in nine states have voted to go on strike if necessary over a dispute about a new contract, a union official said at a rally Saturday. more »»

Appreciate depreciation

July 27, 2015 Dear Dave, I’m self-employed, and I travel about 30,000 miles a year in my van. I’m three payments away from having the vehicle paid off, but it has 170,000 miles on it. more »»

Mega-health deals bloom in July, Anthem bids $48B for Cigna

July 26, 2015 NEW YORK — Anthem is buying rival Cigna for $48 billion in a deal that would create the nation’s largest health insurer by enrollment, covering about 53 million U.S patients. more »»

Verizon workers vote to authorize strike

July 26, 2015 NEW YORK — Verizon workers in nine states have voted to go on strike if necessary over a dispute about a new contract, a union official said at a rally Saturday. more »»

As Democrats fret over ‘sharing economy,’ GOP moves in

July 26, 2015 DENVER — The debate over ride-hailing firm Uber is laying bare divides in the Democratic Party and on the left about how to handle the new “sharing” economy. more »»

Fed: Confidential forecasts mistakenly made public

July 25, 2015 WASHINGTON — The Federal Reserve said Friday it mistakenly posted confidential economic projections on its public website last month. more »»

FDA OKs breakthrough cholesterol drug for high-risk patients

July 25, 2015 WASHINGTON — The Food and Drug Administration on Friday approved a first-of-a-kind drug that lowers artery-clogging cholesterol more than older drugs that have been prescribed for decades. more »»

Can housing industry’s comeback endure?

July 25, 2015 WASHINGTON — The U.S. housing market has sizzled this summer, lifting expectations that home sales will finally help drive an economic expansion now in its seventh year. more »»

AT&T buys DirecTV, now biggest TV provider in US

July 25, 2015 NEW YORK — Even as TV watchers increasingly go online, AT&T has become the country's biggest traditional TV provider with its $48.5 billion purchase of DirecTV. more »»

Greek store closures spike as recession, austerity return

July 24, 2015 ATHENS, Greece — Giorgos Prasinoudis ran his motorcycle repair shop in Athens for three decades, through good times and bad. Now a “For Sale” sign hangs outside the window. more »»

GM tops 2Q profit forecasts on trucks, SUVs

July 24, 2015 DETROIT — Big profits from trucks and SUVs helped General Motors overcome a sales slowdown in China, economic problems in Venezuela and payments to ignition switch crash victims as the automaker’s... more »»

Amazon shares jump on surprise 2Q profit

July 24, 2015 NEW YORK — Amazon.com reported a surprise second-quarter profit Thursday on continued strength of its cloud-computing business and strong revenue both domestically and abroad. more »»

Visa 3Q earnings jump 25 pct, beat estimates

July 24, 2015 NEW YORK — Visa Inc. said its fiscal third-quarter profit jumped 25 percent, helped by a double-digit rise in payments processed on its network. more »»

Japan's Nikkei buys Financial Times for $1.3B

July 24, 2015 LONDON — Japanese media company Nikkei Inc. is buying the Financial Times as part of an 844 million-pound ($1.3 billion) deal with Britain's Pearson PLC. more »»

 
 
 

 

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