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Business News

4-month strike at PSA Peugeot Citroen plant ends

4-month strike at Peugeot Citroen plant slated for closure ends; workers say they'll fight on

Friday - 05/17/2013, 10:20am EDT

CFTC adopts weakened rule on derivatives trading

US regulators adopt weakened rule on derivatives trading; critics say large banks to benefit

Friday - 05/17/2013, 10:20am EDT

Cisco 3Q net income rises 14 percent

Cisco 3rd-qtr income grows 14 pct, and company points to good signs in US and other markets

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

Futures rebound ahead of Conference Board report

US stock futures bounce back after unsettling day for retailers; Conference Board report due

Friday - 05/17/2013, 09:44am EDT

Oil gains to near $96 as investors eye US economy

Oil price up to near $96 a barrel in European trade as investors await US economic indicator

Friday - 05/17/2013, 08:51am 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

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
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