More Business Articles

  • Applications for US unemployment benefits rise slightly but remain near 14-year low

    Updated: 1 hr ago

    WASHINGTON (AP) — Applications for US unemployment benefits rise slightly but remain near 14-year low.

  • US economy grew at 3.5 percent rate in third quarter, boosted by exports and defense spending

    Updated: 2 hr ago

    WASHINGTON (AP) — US economy grew at 3.5 percent rate in third quarter, boosted by exports and defense spending.

  • Cigna beats 3Q profit forecasts

    Updated: 2 hr ago

    BLOOMFIELD, Conn. (AP) — Health insurer Cigna Corp. (CI) topped Wall Street expectations with its third-quarter earnings report and raised its forecast for 2014. The Bloomfield, Connecticut-based company said Thursday that it earned $534 million, or $2.01 per share, in the quarter...

  • Piano maker Steinway moving to new Manhattan site

    Updated: 3 hr ago

    NEW YORK (AP) — Piano maker Steinway & Sons has announced it will move to a new Manhattan location next year. The move from West 57th Street to West 43rd Street is slated for the end of 2015. The company says it has signed a 15-year lease for 40,000 square feet of space now occupied...

  • Apple CEO Tim Cook: 'I'm proud to be gay'

    Associated Press
    Updated: 4 hr ago

    NEW YORK — Apple CEO Tim Cook says he's proud to be gay. The public declaration, in an essay written for Bloomberg Businessweek, makes Cook the highest-profile business CEO to come out. Cook said that while he never denied his sexuality, he never publicly acknowledged it, either....

  • Survey: Shrimp in US rife with murky labeling

    Updated: 5 hr ago

    NEW ORLEANS (AP) — An advocacy group says consumers can't be sure what kind of shrimp they're buying if they simply look at the label or menu at supermarkets, grocers and restaurants across the nation. Oceana did a DNA-based survey of shrimp sold at outlets in New York City;...

  • Solid third-quarter US economic growth is expected

    Updated: 5 hr ago

    WASHINGTON (AP) — It's taken years, but the U.S. economy may finally be reaching a sustainable cruising speed. Many economists predict that overall growth, as measured by the gross domestic product, reached a healthy 3 percent annual rate in the July-September quarter, according to a...

  • Democratic areas win more transportation grants

    Updated: 5 hr ago

    WASHINGTON (AP) — The Obama administration in September awarded the biggest share of almost $600 million in economic stimulus-based transportation grants to projects in districts with a Democratic congressman. That's even though Republicans represent 34 more House districts across the...

  • Roster of largest TIGER grants

    Updated: 5 hr ago

    The Transportation Department doled out $584 million in September for 72 so-called TIGER grants for transportation projects. Thirty-five went to congressional districts represented by Democrats and 24 were awarded to districts represented by Republicans. Thirteen others went to...

  • As Fed ends bond buys, Yellen to expand influence

    Updated: 10 hr ago

    WASHINGTON (AP) — When the Federal Reserve announced the end of its landmark bond buying program Wednesday, it also signaled the start of something else: The Janet Yellen era. Officially, Yellen has been Fed chair since February. But the phase-out of the bond-buying stimulus program...

Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement