Business News

AP News - 22 mins ago

WASHINGTON (AP) — Interest rates on short-term Treasury bills fell in Monday's auction with rates on three-month bills dropping to the lowest level on record.The Treasury Department auctioned $21 billion in three-month bills at a discount rate o ...more

AP News - 25 mins ago

DOVER, Del. (AP) — The DuPont Co. has announced the sudden retirement of Ellen Kullman as chairwoman and CEO.The company said Kullman, 59, will step down at the end of next week.Edward Breen, a DuPont board member, will serve as Kullman's ...more

AP News - 26 mins ago

COLUMBIA, S.C. (AP) — After a week of steady rain, the showers tapered off Monday and an inundated South Carolina turned to surveying a road system shredded by historic flooding, and in a cruel twist, thousands of residents faced the prospect of going ...more

AP News - 59 mins ago

Stocks rallied in the U.S. and overseas Monday after last week's gloomy jobs report led investors to expect that the Federal Reserve will wait even longer before making its first interest rate increase since the financial crisis.On Monday:


AP News - 1 hour ago

NEW YORK (AP) — Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and the Nasdaq Stock Market:NYSEGeneral Electric Co., up $1.35 to $26.82Activist firm Trian Fund Management is now one of the c ...more

AP News - 1 hour ago

SAN FRANCISCO (AP) — Twitter is embracing Jack Dorsey as its CEO in hopes that its once-spurned co-founder can hatch a plan to expand the short messaging service's audience and end nearly a decade of financial losses.The hiring revealed Monday i ...more

AP News - 5 hours ago

VALPARAISO, Chile (AP) — President Barack Obama declared new marine sanctuaries in Lake Michigan and the tidal waters of Maryland on Monday, while Chile blocked off more than 200,000 square miles of the Pacific Ocean near the world-famous Easter Island ...more

AP News - 6 hours ago

WASHINGTON (AP) — Growth in the U.S. services sector slowed in September as sales fell and new orders plunged, evidence that stock market volatility may have hit consumer confidence and limited spending.The Institute for Supply Management said M ...more

AP News - 7 hours ago

CHICAGO (AP) — Grain futures were higher in early trading Monday on the Chicago Board of Trade.Wheat for December delivery was unchanged at $5.1320 a bushel; December corn was 1 cent higher at $3.9020 a bushel; December oats were 3.50 cents high ...more

AP News - 7 hours ago

NEW YORK (AP) — Trian Fund Management is now one of General Electric's biggest shareholders after the firm led by activist investor Nelson Peltz placed its largest bet to date, about $2.5 billion, as it positions itself to play a role in the transforma ...more