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Scammers, bug spray companies capitalizing on Zika fears

August 4, 2016 TRENTON, N.J. — Worried you might catch the Zika virus? Scammers and bug spray companies are counting on it. more »»

Time Warner invests in Hulu in win for cable cord-cutters

August 4, 2016 NEW YORK — In another win for cable cord-cutters, Time Warner has become the latest media company to invest in streaming service Hulu. more »»

Tesla loss grows as it falls short of sales goals

August 4, 2016 DETROIT — Electric car maker Tesla Motors Inc. more »»

Fed fines Goldman $36.3M

August 4, 2016 WASHINGTON — The Federal Reserve fined Goldman Sachs $36.3 million for what it called the use and disclosure of confidential materials that the U.S. uses in its supervision of banks. more »»

US consumer spending grew a solid 0.4 percent in June

August 3, 2016 WASHINGTON — American consumers turned in another strong month of spending in June despite a decline in spending on autos. Consumer spending rose a solid 0. more »»

Pfizer beats Street 2Q forecasts

August 3, 2016 Rising sales of Pfizer Inc.’s key new medicines and prospects that more drugs will be approved soon have analysts speculating the biggest U.S. drugmaker won’t break up after all. more »»

Aetna may abandon ACA exchanges

August 3, 2016 Aetna became the latest health insurer to cast doubt upon its future in the Affordable Care Act's insurance exchanges after it called off a planned expansion Tuesday and suggested it could abandon... more »»

July US auto sales rose slightly on weak demand

August 3, 2016 DETROIT — U.S. auto sales wilted in July, as hot weather and softening demand kept many buyers at home. Sales rose less than 1 percent over last July, to just over 1. more »»

Aging workforce puts strain on skilled manufacturing workers

August 1, 2016 CONCORD, N.H. — In a small town just south of New Hampshire’s capital, General Electric runs two plants filled with workers building jet engines for the world’s leading airline. more »»

US economy expected to pick up after weak growth in spring

July 30, 2016 WASHINGTON — A surprisingly lackluster economy last quarter served as a reminder of how choppy the pace of growth has been since the Great Recession ended seven years ago. more »»

Tesla looking at cameras, radar in Florida crash

July 30, 2016 DETROIT — Tesla engineers told members of a Senate committee they are looking into the role cameras and radar played in the fatal crash of a Model S using self-driving mode, according to two people... more »»

Cheap oil sends Exxon, Chevron profits down

July 30, 2016 DALLAS — Cheaper oil is leading to the lowest summer gasoline prices in years, and it is causing heartburn for oil companies and their shareholders. On Friday, Exxon Mobil Cor. more »»

Texas hands Blue Bell $850K fine over listeria

July 30, 2016 AUSTIN, Texas — Texas fined Blue Bell Creameries for a listeria contamination last year linked to the deaths of three people, but the ice cream maker could pay only a fraction of the $850,000 penalt... more »»

Amazon’s already large distribution empire expanding

July 29, 2016 NEW YORK — Online shoppers want their packages — now. And Amazon is spending heavily to make sure that happens. Amazon’s Prime service has, at heart, always been about free two-day shipping. more »»

Alphabet’s 2Q earns soar despite rising ‘moonshot’ losses

July 29, 2016 SAN FRANCISCO — Business is booming at Google’s parent company, Alphabet Inc., even as it loses billions of dollars on kooky-sounding projects that may never produce any revenue. more »»

Ford surprises with lower 2Q profit

July 29, 2016 DEARBORN, Mich. — Ford Motor Co.'s shares tumbled Thursday after it reported weaker-than-expected second-quarter earnings and warned that things could get worse in the second half of the yea. more »»

US homeownership rate lowest in 51 years

July 29, 2016 WASHINGTON — The proportion of U.S. more »»

Fed’s upbeat tone suggests rate hike as early as Sept.

July 28, 2016 WASHINGTON — The Federal Reserve said Wednesday that near-term risks to the U.S. economy have diminished, reviving the prospect that it will resume raising interest rates as soon as September. more »»

Facebook beats 2Q forecasts, stock soars

July 28, 2016 NEW YORK — Facebook's stock is trading higher after the world's biggest social media company handily surpassed Wall Street's expectations for the second quarter, barreling ahead on mobile... more »»

 
 
 

 

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