by - December 6, 2012 7:19 pm
Consumer confidence held close to a seven-month high last week as the holiday-shopping season put more Americans in the mood to spend, and claims for unemployment benefits declined. The Bloomberg…
by - December 4, 2012 9:28 pm
The government may have to compensate property owners whose land is temporarily flooded when officials release water from an upstream dam, the U.S. Supreme Court ruled. In a unanimous decision,…
by - December 4, 2012 4:49 pm
U.S. Governors urged President Barack Obama to quickly compromise with Congress to avert the so-called fiscal cliff and avoid hurting economic recoveries in their states. Governors also pressed the president…
by - December 3, 2012 2:00 pm
Manufacturing unexpectedly contracted in November for the fourth month in the last six as factory managers grew more concerned about the potential economic toll stemming from the so-called fiscal cliff….
by - November 29, 2012 8:11 pm
Striking clerical workers and longshoremen in Los Angeles have shut down much of the nation’s two largest container ports, leaving berthed vessels waiting to be unloaded and other ships anchored…
by - November 27, 2012 3:42 pm
ConAgra Foods Inc. won the backing of Ralcorp Holdings Inc. for a takeover with a $5 billion bid, ending a 20-month standoff after Ralcorp shareholders pressured the maker of private…
by - November 27, 2012 3:29 pm
Consumer confidence climbed to a four-year high, home prices increased by the most since 2010 and demand for business equipment rose, signaling resilience in the U.S. economy as the new…
by - November 26, 2012 6:39 pm
Wal-Mart Stores Inc. fired a supplier that made garments at a Bangladesh factory where more than 100 people died in a blaze on Nov. 24. “The Tazreen factory was no…
by - November 25, 2012 3:03 pm
Shoppers turned out in bigger numbers and boosted purchasing over the Black Friday weekend, lured by promotions online and in stores, the National Retail Federation said today. Customers spent $423…
by - November 25, 2012 12:48 pm
U.S. Republican legislators expressed a preference to raise federal tax revenue through limiting deductions rather than raising rates to avert the so- called fiscal cliff, as Democrats pushed for higher…
by - November 24, 2012 4:26 pm
Thanksgiving Day openings and midnight deals at retailers from Target Corp. to Wal-Mart Stores Inc. drew U.S. shoppers out earlier than ever, thinning crowds on Black Friday morning. Mall traffic…
by - November 23, 2012 10:17 am
Wal-Mart Stores Inc., the world’s largest retailer, said some workers at its joint venture in India have been suspended, as it conducts inquiries into potential violations of U.S. anti-bribery laws….
by - November 21, 2012 2:05 pm
Hostess Brands Inc. must consider a “liquidation scenario” after mediation with its bakers’ union failed to avert a shutdown that may eliminate more than 18,000 jobs, the judge overseeing the…
by - November 20, 2012 2:31 pm
UnitedHealth Group Inc. and other health insurers would be able to vary their premiums based only on age, tobacco use, family size or geography under proposed U.S. rules meant to…
by - November 20, 2012 2:24 pm
A Thanksgiving Day turkey dinner costs less at Target Corp. than at Wal-Mart Stores Inc., the world’s largest retailer, according to a Bloomberg Industries analysis. A basket of 18 Thanksgiving…
by - November 20, 2012 1:22 pm
New-home construction unexpectedly climbed to a four-year high in October, more evidence of a revival in the industry that’s helping propel the U.S. economy. Housing starts rose 3.6% to a…
by - November 19, 2012 11:34 am
Sales of previously owned U.S. homes climbed in October, indicating gains in the real estate market are being sustained by cheap borrowing costs. Purchases of existing houses, tabulated when a…
by - November 16, 2012 7:20 am
Hostess Brands Inc., the maker of Wonder bread and Twinkies, said it will shut down and liquidate after a strike by members of its bakery workers’ union “crippled” the company’s…
by - November 15, 2012 3:57 pm
More Americans than forecast submitted claims for unemployment insurance and factory production declined in the northeastern U.S. after superstorm Sandy struck the region. Applications for jobless benefits surged by 78,000…
by - November 14, 2012 6:02 pm
Retail sales fell in October as American consumers pulled back after a three-month shopping spree and superstorm Sandy slammed into the East Coast, shutting malls and auto showrooms. The 0.3%…
