Business News

AP News - 23 hours ago

WASHINGTON (AP) — Manufacturing in the Philadelphia region grew at a much slower pace in December compared with the previous month. But the drop came after factory activity reached its highest level in 21 years in November.The Federal Reserve Ba ...more

AP News - 23 hours ago

CHICAGO (AP) — Grain futures were higher Thursday in early trading on the Chicago Board of Trade.Wheat for Mar delivery was unchanged at $6.4850 a bushel; Mar corn was 2 cents higher at $4.1025 a bushel; Mar oats were unchanged at $3.15 a bushel ...more

AP News - 23 hours ago

WASHINGTON (AP) — An index designed to predict the future health of the economy posted a third straight solid gain in November.The Conference Board said Thursday that its index of leading indicators increased 0.6 percent last month, matching the ...more

AP News - 23 hours ago

RIYADH, Saudi Arabia (AP) — Saudi Arabia's oil chief said in comments published Thursday that there are no links between the kingdom's decision to oppose production cuts and political objectives — an apparent response to accusations last week from Shii ...more

AP News - Dec 18, 2014 10:14 AM

WASHINGTON (AP) — Fewer Americans sought unemployment benefits last week, a sign of solid job security and growing confidence among employers.Weekly unemployment benefit applications dropped 6,000 to a seasonally adjusted 289,000, the Labor Depa ...more

AP News - Dec 18, 2014 9:46 AM

NORTHFIELD, Ill. (AP) — Kraft Foods Group Inc. says that CEO Tony Vernon plans to retire later this month. The company named Chairman John Cahill as his successor.Vernon has served as CEO since the consumer packaged food and beverage company's s ...more

AP News - Dec 18, 2014 9:44 AM

PARIS (AP) — Penalizing a dirty business involving cleaning products, French regulators fined 13 consumer-products makers about 950 million euros ($1.2 billion) for price fixing on goods like shampoos, detergents and toothpaste.France's competit ...more

AP News - Dec 18, 2014 8:25 AM

LISBON, Portugal (AP) — Portugal's government has issued an executive order to stop a planned four-day strike by national airline staff during the busy Christmas holiday season.Unions representing most of state-owned TAP Air Portugal's 7,500 or ...more

AP News - Dec 18, 2014 7:52 AM

DUBAI, United Arab Emirates (AP) — Dubai's main stock market has gained 13 percent after closing at its lowest point of the year earlier in the week.Abu Dhabi's stock market also closed 6.7 percent higher on Thursday while the Saudi index closed ...more

AP News - Dec 18, 2014 7:19 AM

TOKYO (AP) — How do you say "damage control" in Japanese? Sony Corp. is sealed within a hermetic cone of silence as executives try to prevent the slow motion train wreck at Sony Pictures from damaging the rest of the sprawling business empire.So ...more