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Apple slump deepens on iPhone, China concerns

August 5, 2015 SAN FRANCISCO — Apple is slumping as the usually high-flying tech stock struggles with the burden of raised expectation. more »»

'Avengers' helps Disney top 3Q expectations

August 5, 2015 LOS ANGELES — Disney's movie studio boosted company earnings once again, with the debut of "Avengers: Age of Ultron" proving the continued strength of the Marvel superhero brand. more »»

Netflix to make Asian debut on Sept. 2

August 5, 2015 SAN FRANCISCO — Netflix will expand into Japan next month to give the Internet video service its first presence in Asia. more »»

US auto sales strong in July on SUV, luxury demand

August 4, 2015 DETROIT — More Americans are buying cars that say “look at me. more »»

US manufacturing growth slows in July

August 4, 2015 WASHINGTON — U.S. factories were a little less busy last month. The Institute for Supply Management’s manufacturing index slipped to 52.7 last month from 53.5 in June. more »»

US consumer spending edges up in June

August 4, 2015 WASHINGTON — Consumer spending in June rose by the smallest amount in four months as shoppers cut back on purchases of cars and other big-ticket items. Consumer spending edged up . more »»

Delta to ban shipment of hunting 'trophies'

August 4, 2015 NEW YORK — Delta Air Lines had a major change of heart about shipping hunting trophies, announcing Monday afternoon that it would no longer accept lion, leopard, elephant, rhinoceros and buffalo... more »»

Oil prices slide on worries about global supply glut

August 4, 2015 The slump in oil prices deepened Monday, pulling down the price of U.S. crude to the lowest level in more than four months. more »»

Extended slump in oil taking a toll

August 1, 2015 NEW YORK — As drivers, shippers and airlines continue to enjoy lower fuel prices, the oil industry is responding to much lower profits with sharp cuts in spending and employment that are hurting... more »»

Greece's stock market to reopen

August 1, 2015 ATHENS, Greece — Greece's government announced that the Athens Stock Exchange will reopen Monday, a big step toward normalcy as talks with international creditors shifted into high gea. more »»

Verizon strike possible as deadline looms

August 1, 2015 WASHINGTON — Verizon workers in nine states could walk off the job as soon as early Sunday if union negotiators don't reach an agreement over benefits with the wireless carrier. more »»

Puerto Rico cannot make $58M bond payment

August 1, 2015 SAN JUAN, Puerto Rico — Puerto Rico's government said Friday it would not make a $58 million bond payment due on the weekend and warned that the general fund will run out of liquidity by November if... more »»

Rebound for US economy sets stage for Fed rate hike

July 31, 2015 WASHINGTON — The U.S. economy isn’t moving at warp speed, but it looks like it will be strong enough to handle an expected interest rate increase later this year. more »»

Average rate on 30-year mortgage falls to 3.98 pct

July 31, 2015 WASHINGTON — Average long-term U.S. mortgage rates fell for a second straight week, with the key 30-year rate slipping below 4 percent. more »»

Fed holds steady on rates, seeks further economic gains

July 30, 2015 WASHINGTON — The Federal Reserve appears on track to raise interest rates later this year but signaled Wednesday that it wants to see further economic gains and higher inflation before doing so. more »»

House votes to provide money for highways, transit

July 30, 2015 WASHINGTON — The House voted overwhelmingly on Wednesday to shore up federal highway aid and veterans’ health care before heading out of town for its August recess, leaving unresolved an array of... more »»

Facebook 2Q results soar on user base, ads

July 30, 2015 NEW YORK — Facebook is attracting advertising dollars to where its users are — on mobile devices. The world's largest online social network surpassed expectations on all fronts in the second quarte. more »»

Average US vehicle age hits record 11.5 years

July 30, 2015 DETROIT — The average vehicle in the U.S. is now a record 1. more »»

Court orders EPA to redo air-pollution limits in 13 states

July 29, 2015 WASHINGTON — A federal appeals court on Tuesday ordered the Environmental Protection Agency to relax some limits it set on smokestack emissions that cross state lines and taint downwind areas with... more »»

 
 
 

 

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