by - August 17, 2012 5:31 pm
U.S. feedlots bought 10% fewer young cattle in July as feed costs climbed after the most-severe drought in 56 years scorched grain crops. Feedlots bought 1.922 million head of cattle…
by - August 17, 2012 12:55 pm
The jobless rate climbed in 44 U.S. states in July, showing last month’s increase in unemployment was broad based. Alabama and Alaska registered the worst performance, with joblessness advancing by…
by - August 16, 2012 9:09 am
Sears Holdings Corp., the retailer controlled by hedge fund manager Edward Lampert, reported a smaller second-quarter loss, helped by reduced inventory costs. The net loss narrowed to $132 million, or…
by - August 13, 2012 7:37 pm
The London Olympics drew 219.4 million U.S. viewers, overtaking the 2008 games in Beijing as the nation’s most watched television event, as Internet buzz and gold-medal U.S. performances bolstered ratings….
by - August 12, 2012 2:01 pm
Republicans and Democrats used the Sunday talk shows to sharpen their attacks following the selection by Republican presidential candidate Mitt Romney of Wisconsin Representative Paul Ryan as his running mate….
by - August 10, 2012 6:42 pm
The 40 richest people on the planet added $7.2 billion to their collective net worth this week as Warren Buffett and Amancio Ortega dueled for the title of world’s third-richest…
by - August 10, 2012 2:20 pm
A proposed rule requiring automakers to double their average fuel economy by 2025 is unrealistic and stemmed from a secret deal favoring companies receiving U.S. government bailouts, according to a…
by - August 10, 2012 2:06 pm
The U.S. government’s budget deficit narrowed in July, as spending dropped by 11.9 percent from a year earlier and some payments were accelerated to the previous month for calendar-related reasons….
by - August 9, 2012 12:03 pm
The two worst levels of drought now grip nearly one-fourth of the lower 48 states, the U.S. Drought Monitor reported. About 24.1% of the region was suffering extreme or exceptional…
by - August 8, 2012 3:30 pm
AMR Corp. faltered in a bid to persuade its largest unions to make concessions in bankruptcy when American Airlines pilots rejected the company’s final contract offer, setting up a showdown…
by - August 6, 2012 2:38 pm
Fracking may cause more earthquakes than initially thought, according to an article in this week’s Proceedings of the National Academy of Sciences. At least 59 “small-magnitude” earthquakes of 1.4 to…
by - August 6, 2012 2:31 pm
U.S. banks are relaxing their terms on credit cards and lending for autos and commercial real estate, according to a Federal Reserve survey. “Domestic banks, on balance, continued to report…
by - August 3, 2012 2:12 pm
Boeing Co. and Space Exploration Technologies Corp. won $900 million in contracts from NASA to develop spacecraft capable of carrying astronauts, the agency said. Boeing received a $460 million award,…
by - August 2, 2012 8:57 pm
BHP Billiton Ltd., the world’s biggest mining company, will book one-time charges totaling $3.3 billion on the value of its U.S. shale gas assets and nickel operations in Australia because…
by - August 2, 2012 6:10 pm
General Motors Co., struggling to turn around its money-losing Opel unit, said second-quarter profit slid 38 percent as losses widened in Europe where the auto market is heading toward its…
by - July 31, 2012 4:35 pm
The U.S. Postal Service affirmed it won’t make a required $5.5 billion payment due tomorrow to the U.S. Treasury for future retirees’ health care, an obligation the agency said must…
by - July 30, 2012 2:48 pm
Wal-Mart Stores Inc., the world’s largest retailer, has installed more than 150 U.S. solar projects and expects to have as much as 90 megawatts of capacity by year-end, more than…
by - July 27, 2012 11:49 am
The U.S. home-vacancy rate, a measure of properties empty and for sale, fell to the lowest level since 2006 as demand for housing improved and lenders slowed property repossessions. The…
by - July 26, 2012 6:22 pm
Facebook Inc. fell in late trading after its first earnings report as a public company reflected slowing sales and narrower profit margins, failing to assuage the concerns over growth that…
by - July 26, 2012 6:13 pm
A slump in June orders for equipment such as computers and machinery signals U.S. business investment will probably cool in the second half of the year and contribute less to…
