Business News

AP News - 16 hours ago

WASHINGTON (AP) — U.S. homebuilders' confidence in the housing market rose modestly in April but remained at low levels for the third straight month, reflecting the impact of tight credit for home buyers and a shortage of workers and land.The Na ...more

AP News - 16 hours ago

NEW YORK (AP) — Coca-Cola sold more drinks in the first quarter, but it wasn't because of soda.The world's biggest beverage maker said Tuesday that its global sales volume for soda fell for first time in at least a decade. The drop was offset by ...more

AP News - 16 hours ago

LINCOLNSHIRE, Ill. (AP) — Zebra Technologies will spend more than $3 billion to buy the enterprise business of Motorola Solutions in a considerable expansion that is both technological and geographical.The acquisition would broaden the bar-code ...more

AP News - 16 hours ago

WASHINGTON (AP) — Foreign buyers of U.S. Treasury securities increased their holdings in February to another record high.The Treasury Department says total foreign holdings rose 0.8 percent to $5.89 trillion, up from $5.84 trillion in January. ...more

AP News - 17 hours ago

Johnson & Johnson's first-quarter profit rose 8 percent, because of restrained costs and a big jump in prescription drug sales.The world's biggest maker of health care products easily beat Wall Street expectations and raised its earnings out ...more

AP News - 17 hours ago

BERLIN (AP) — German utility company RWE said Tuesday it has started sending natural gas to Ukraine, a move that could support the country if Russia acts on its threat to cut off supplies because of a massive debt for past deliveries.The reverse ...more

AP News - 19 hours ago

FRANKFURT, Germany (AP) — A key German measure of investor confidence in the economy slipped in April as the conflict in Ukraine created uncertainty about the future.The ZEW survey of investment analysts fell to 43.2 points from 46.6 the month b ...more

AP News - 19 hours ago

ATHENS, Greece (AP) — Greece's borrowing costs in a short-term debt sale have tumbled, days after the country returned to the international bond markets.The interest rate on a 13-week treasury bill issued Tuesday fell to 2.45 percent, compared w ...more

AP News - 20 hours ago

MILAN (AP) — Shares in the Italian state-backed Finmeccanica defense contractor are down sharply after the government announced a new CEO.Premier Matteo Renzi late Monday named new CEOs for four strategic companies, including oil giant Eni, Enel ...more

AP News - 20 hours ago

HONG KONG (AP) — Workers at a Chinese factory owned by the world's largest maker of athletic footwear are striking in a dispute over benefits.A worker said more than 10,000 employees at Yue Yuen Industrial's plant in the southern province of Gua ...more