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Bondholders sue over new Puerto Rico debt law

May 23, 2016 SAN JUAN, Puerto Rico — Holders of bonds from Puerto Rico’s Government Development Bank are suing to challenge aspects of a debt-moratorium law that island officials say is crucial to maintaining... more »»

Unloved bull market: It’s been a year since latest record

May 23, 2016 NEW YORK — Saturday is the one-year anniversary of the stock market’s record high. And no, you didn’t miss the party, because no one seems to be in the mood to celebrate. more »»

US home sales growth driven mostly by Midwest

May 21, 2016 WASHINGTON — Midwestern homebuyers helped spark a national increase in real estate sales during April, a sign that demand for housing remains steady despite rising prices and tight inventorie. more »»

VW agrees to 4.8 pct pay rise for workers

May 21, 2016 FRANKFURT, Germany — Automaker Volkswagen and Germany's industrial union have agreed to increase wages 4. more »»

Mexico lowers 2016 GDP forecast

May 21, 2016 MEXICO CITY — Mexico is lowering its economic growth forecast for 2016, citing what it calls "adverse" international conditions including sluggish industrial production in the United States. more »»

Bayer takeover of Monsanto would create global giant

May 20, 2016 BERLIN — Bayer’s potential acquisition of Monsanto would create a giant seed and farm chemical company with a strong footprint in the U.S. more »»

Poll: Two-thirds of US would struggle to cover $1,000 crisis

May 20, 2016 NEW YORK — Two-thirds of Americans would have difficulty coming up with the money to cover a $1,000 emergency, according to an exclusive poll released Thursday, a signal that despite years after the... more »»

Phil Mickelson to forfeit nearly $1M in SEC case

May 20, 2016 NEW YORK — Phil Mickelson paid off a debt to a professional gambler with nearly $1 million that was unfairly reaped from an insider trading scheme, according to a federal investigation that led to... more »»

Gap closes 75 stores outside North America

May 20, 2016 NEW YORK — Gap Inc. more »»

Drug for deadly skin cancer shows long-term survival

May 19, 2016 CHICAGO — A new kind of drug for the deadliest form of skin cancer helped some patients survive for at least three years, a study shows. more »»

Fed: June hike likely if economy improves

May 19, 2016 WASHINGTON — Catching many investors off guard, the Federal Reserve made clear Wednesday that an interest rate hike in June is likely if the economy keeps improving. more »»

Simmons to acquire Citizens National

May 19, 2016 PINE BLUFF, Ark. — Arkansas-based Simmons First National Corp. has announced plans to purchase Tennessee-based Citizens National Bancorp Inc. in a $77 million deal. more »»

Overtime pay may become reality for more US workers

May 18, 2016 WASHINGTON — More than 4 million U.S. workers will become newly eligible for overtime pay under rules to be issued Wednesday by the Obama administration. more »»

US industrial production jumps by most since Nov. 2014

May 18, 2016 WASHINGTON — U.S. industrial production in April posted the biggest increase since November 2014 as utility output surged, the Federal Reserve said Tuesday. more »»

As fliers wait in security lines, gov’t asks for patience

May 14, 2016 WASHINGTON — Facing a growing backlash over extremely long waits at airport security, Homeland Security Secretary Jeh Johnson asked fliers “to be patient” as the government takes steps to get them... more »»

Nigerian Chevron facility bombed

May 14, 2016 LAGOS, Nigeria — An explosion closed a second Chevron facility in Nigeria, witnesses said Friday, as renewed attacks by militants further cut production in Africa's biggest petroleum produce. more »»

GM stops sale of SUVs citing inaccurate mileage

May 14, 2016 DETROIT — General Motors Co. is telling dealers not to sell about 60,000 SUVs in the U.S. because the gas mileage listed on the window stickers was inadvertently overstated. more »»

UN paints bleak picture of stagnating world economy

May 13, 2016 UNITED NATIONS — The United Nations lowered its forecast for the world economy on Thursday, painting a bleak picture of stagnating growth with little prospect for a turnaround this year. The U.N. more »»

 
 
 

 

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