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Business News

A late fade on Wall Street; Wal-Mart, Disney slump

Wall Street closes lower after a muddled day of trading; Wal-Mart slides on weak sales

Friday - 05/17/2013, 05:14am EDT

Puerto Rico faces lowest coffee production ever

Puerto Rico seeks to revive coffee industry amid island's lowest production ever

Friday - 05/17/2013, 04:10am EDT

J.C. Penney posts bigger 1Q loss than expected

J.C. Penney 1Q loss widens from a year ago as sales keep falling

Friday - 05/17/2013, 03:02am EDT

Money market fund assets fell to $2.582 trillion

Total U.S. money market mutual fund assets fell $1.04 billion to $2.582 trillion for the week that ended Wednesday, according to the Investment Company Institute.

Friday - 05/17/2013, 02:54am EDT

US rate on 30-year mortgage rises to 3.51 pct.

Average U.S. rates on fixed mortgages rose this week but stayed near their historic lows. Cheaper mortgages have helped the economy by spurring more home-buying and refinancing.

Friday - 05/17/2013, 02:53am EDT

Oil reverses early losses, tops $95 a barrel

Oil rises above $95 a barrel, shrugging off latest economic news from US; gasoline at $3.60

Thursday - 05/16/2013, 11:48pm EDT

Cambodian shoe factory collapse kills 2, injures 7

Part of Cambodian shoe factory collapses, killing 2 workers

Thursday - 05/16/2013, 10:38pm EDT

Second court invalidates Obama recess appointment

Second appeals court finds Obama recess appointment is unconstitutional

Thursday - 05/16/2013, 07:30pm EDT

Ticketmaster settles rewards lawsuit for $23M

Ticketmaster, customers agree to $23M settlement over $9-a-month rewards program

Thursday - 05/16/2013, 07:21pm EDT

US rate on 30-year mortgage rises to 3.51 pct.

Average US rate on 30-year mortgage rises to 3.51 percent; 15-year up to 2.69 percent

Thursday - 05/16/2013, 05:40pm EDT

Senate panel considers labor board nominees

Senate Republicans to oppose some nominees for hobbled labor board

Thursday - 05/16/2013, 05:30pm EDT

A late fade on Wall Street; Wal-Mart, Disney slump

Wall Street closes lower after a muddled day of trading; Wal-Mart slides on weak sales

Thursday - 05/16/2013, 04:58pm EDT

US jobless claims jump to highest level in 6 weeks

Weekly US unemployment aid applications jump to 360,000, highest in 6 weeks

Thursday - 05/16/2013, 04:58pm EDT

Only 2 of 13 small SUVs do well in crash tests

Only 2 of 13 small SUVs perform well in insurance institute front-end crash tests

Thursday - 05/16/2013, 04:29pm EDT

Google boosts photo offerings to rival Facebook

Google adds photo and other enhancements to Google Plus in effort to rival Facebook

Thursday - 05/16/2013, 04:02pm EDT

US housing starts fell in April but permits surged

US housing starts dropped 16.5 percent in April, but building permits surged to 5-year high

Thursday - 05/16/2013, 03:56pm EDT

Greek strikes halt air travel

Flights in Greece halted for 4 hours as unions hold work stoppages against government

Thursday - 05/16/2013, 03:08pm EDT

Airlines losses narrowed in 1Q to $552 million

Airlines losses narrowed in 1Q to $552M; lobbying group predicts pickup in summer travel

Thursday - 05/16/2013, 03:08pm EDT

US consumer prices fall 0.4 pct. on cheaper gas

Big drop in gas costs pushes down US consumer prices in April by most in 4 years

Thursday - 05/16/2013, 03:04pm EDT
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