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US budget deficit shrank in May

June 11, 2016 WASHINGTON — The federal government’s budget deficit shrank sharply in May because of a calendar quir. more »»

Germany’s Merkel stresses she hopes Britain will stay in EU

June 11, 2016 BERLIN — German Chancellor Angela Merkel stressed Friday she hopes Britain will vote to remain in the European Union in a June 23 referendum that her finance minister labeled a “wake-up call. more »»

Tesla denies safety problems with Model S

June 11, 2016 DETROIT — Electric car maker Tesla Motors Inc. on Friday denied allegations that there are safety problems with its vehicle suspension. more »»

FDA approves cholera vaccine for US travelers

June 11, 2016 WASHINGTON — Federal health officials have approved the first cholera vaccine intended to protect U.S. travelers from the potentially life-threatening disease. more »»

More travelers sign up for airport programs, only to wait

June 10, 2016 NEW YORK — A growing number of travelers are signing up for the government’s expedited airport screening programs, only to face another wait. more »»

FDA still taking months to recall tainted food

June 10, 2016 WASHINGTON — Federal health officials failed to force a recall of peanut butter and almond products for three months after advanced DNA testing confirmed salmonella contamination, government... more »»

Rising home prices lift US wealth as stocks fall

June 10, 2016 WASHINGTON — Americans' household wealth rose in the first three months of this year as home values increased, offsetting a drop in stock prices. The Federal Reserve said Thursday that U.. more »»

US job openings on the rise; employers cut back on filling them

June 9, 2016 WASHINGTON — U.S. employers advertised the most open jobs in nine months in April but pulled back on filling them, a sign of caution that may reflect concerns about tepid economic growth. more »»

Apple to start showing ads in App Store

June 9, 2016 SAN FRANCISCO — Apple says that it will start showing paid ads when people search for apps in its popular mobile store. more »»

Philadelphia may impose soda tax

June 9, 2016 PHILADELPHIA — A Philadelphia City Council committee has voted to approve an amended version of a soda tax proposal that would set a 1.5 cent-per-ounce tax on sugary and diet drink. more »»

TSA chief: Progress being made on shortening lines

June 8, 2016 WASHINGTON — Significant progress has been made on shortening screening lines since earlier this spring, when airlines reported thousands of frustrated passengers were missing flights, the head of... more »»

World Bank downgrades its forecast for 2016 global economy

June 8, 2016 WASHINGTON — The World Bank is reducing its forecast for the global economy this year — again. The aid agency predicted Tuesday that the world economy will expand . more »»

Valeant loses money in 1Q, cuts outlook

June 8, 2016 LAVAL, Quebec — Valeant tumbled to a loss in its first quarter and the embattled drug maker, squeezed by higher costs, cut its profit and revenue expectations for the yea. more »»

Turkish owner unites Godiva, McVitie's

June 8, 2016 LONDON — Turkey's Yildiz Holding says it is uniting its chocolate and biscuit brands — including Godiva Chocolatier and United Biscuits — into a new London-based company. more »»

US hiring grinds to a near-halt; many stop looking for work

June 4, 2016 WASHINGTON — U.S. hiring slowed to a near-standstill in May, sowing doubts about the economy’s health and complicating the Federal Reserve’s efforts to raise interest rates. more »»

Big banks, waited years for a rate hike, get pummeled

June 4, 2016 NEW YORK — With oddsmakers all but pulling a summer rate hike off the table after a terrible U.S. more »»

US trade deficit increases 5.3 percent to $37.4B

June 4, 2016 WASHINGTON — The U.S. trade deficit, after falling to the lowest point in more than two years, increased in April as a surge in imported goods outpaced a rebound in exports. more »»

Nest CEO out 2 years after $3.2B sale to Google

June 4, 2016 SAN FRANCISCO — Nest Labs CEO Tony Fadell is flying the coop two years after selling the smart-thermostat maker to Google for $3.2 billion. more »»

Federal regulators look to severely curb payday lending

June 3, 2016 NEW YORK — Federal regulators proposed a significant clampdown on payday lenders and other high interest loans on Thursday, the first nationwide attempt to address an industry widely thought of as... more »»

Tribune renamed 'Tronc,' Gannett weighs its bid

June 3, 2016 NEW YORK — We still don't know if USA Today owner Gannett will continue its $864 million bid for Tribune Publishing, but we do know that no one will have Tribune to kick around anymore. more »»

 
 
 

 

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