More Business Articles

  • US homebuilder confidence soars in September

    Updated: 22 hr ago

    U.S. homebuilders' confidence in the market for new, single-family homes surged this month to the highest level in nearly nine years. The brighter outlook reflects growing optimism that sales will increase over the next six months. That could potentially spur growth in home...

  • Civitas slips after IPO prices below expectations

    Updated: 22 hr ago

    NEW YORK (AP) — Shares of Civitas Solutions are inching lower after the company's initial public offering priced at $198.9 million, below its expectations. The company runs group homes and offers home-based care for the developmentally disabled under the name of The Mentor Network....

  • General Mills misses Street 1Q forecasts

    Updated: 23 hr ago

    MINNEAPOLIS (AP) — General Mills, the food company behind Cheerios cereal and Yoplait yogurt, reported disappointing fiscal first-quarter results Wednesday and announced plans to cut costs further to fight falling sales. Its shares fell more than 3 percent in morning trading...

  • Progressive in hiring mode in Colorado Springs and elsewhere

    By Wayne Heilman wayneh@gazette.com -
    Updated: 23 hr ago

    Auto insurance giant Progressive Corp. plans to fill 141 sales, customer service and information technology jobs at its Colorado Springs call center and information technology operation by year's end as part of a nationwide expansion. The company lists 15 job titles with openings on...

  • Hospitals struggled during Sandy, report says

    Updated: 23 hr ago

    TRENTON, N.J. (AP) — When Superstorm Sandy slammed into the Northeast nearly two years ago, hospitals found themselves dealing with surges in patients, lost power supplies and employees who couldn't get to work — problems that a new federal report finds they were not prepared to...

  • US stocks rise slightly in opening trade

    Updated: 23 hr ago

    NEW YORK (AP) — U.S. stocks are rising slightly in early trading, ahead of a Federal Reserve announcement this afternoon that might signal when the central bank will raise interest rates. The Dow Jones industrial average rose 15 points, or 0.1 percent, to 17,146. The Standard & Poor's...

  • Financial markets awaiting any Fed signal on rates

    Yesterday

    WASHINGTON (AP) — Financial markets are awaiting the end of a Federal Reserve meeting Wednesday to see whether the Fed sends any clearer signal about the timing of an interest rate increase. The phrase that investors will be alert for is "considerable time." The presence or absence of...

  • Family Dollar opposes Dollar General overture

    Yesterday

    MATTHEWS, N.C. (AP) — Family Dollar has told shareholders to reject an unsolicited, $9.1 billion takeover bid from its rival, Dollar General. Family Dollar is currently trying to arrange a sale to another bargain chain, Dollar Tree Inc. After repeated rejections by Family Dollar,...

  • US consumer prices fall 0.2 percent in August

    Yesterday

    WASHINGTON (AP) — U.S. consumer prices edged down in August, the first monthly drop since the spring of 2013, as gasoline, airline tickets and clothing prices all fell. It was the latest evidence that inflation remains under control. Consumer prices edged down 0.2 percent last month...

  • US current account deficit dips to $98.5 billion

    Yesterday

    WASHINGTON (AP) — The U.S. current account trade deficit narrowed slightly in the April-June quarter, reflecting gains in exports of oil and civilian aircraft and a bigger surplus in Americans' overseas investment earnings. The deficit in the current account shrank to $98.5 billion in...

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