- US economy shrank at 0.7 percent rate in first quarter
WASHINGTON (AP) â The U.S. economy went into reverse in the first three months of this year as a severe winter and a widening trade deficit took a harsher toll than initially estimated.
- US economy shrank at 0.7 percent rate in Q1, reflecting harsh winter and bigger trade gap
WASHINGTON (AP) — US economy shrank at 0.7 percent rate in Q1, reflecting harsh winter and bigger trade gap.
- The top 10 highest-paid female CEOs
NEW YORK (AP) — Female CEOs are outpacing their male colleagues in pay, although they remain vastly outnumbered in the top echelons of American companies.
- US economy likely shrank in 1st quarter but rebound expected
WASHINGTON (AP) — A brutal winter, plunging investment by energy companies and a widening trade gap likely combined to shrink the U.S. economy at the start of the year. But the slump is expected to prove short-lived.
- Union Pacific furloughs about 900 workers as shipments slow
OMAHA, Neb. (AP) — Union Pacific has furloughed about 900 railroad workers because shipping demand has been weaker than expected.
- JPMorgan to lay off 5,000 employees across firm: WSJ
NEW YORK (AP) — JPMorgan Chase & Co. will cut about 5,000 jobs over the next year, as the bank closes branches and slims down its operations, The Wall Street Journal reported Thursday, citing anonymous sources.
- How the Dow Jones industrial average fared on Thursday
U.S. stocks are ending modestly lower following a sell-off in the Chinese market and concerns about an approaching deadline for Greece to make a debt payment.
- Automakers, gov't reveal models in expanded Takata recall
DETROIT (AP) — Car owners are beginning to find out if their cars or trucks are included in a big expansion of a recall of air bags made by Takata Corp.
- US stocks fall slightly; Greece debt deadline looms
NEW YORK (AP) — U.S. stocks fell slightly Thursday, following a sell-off in the Chinese market and continued worries about the approaching debt payment deadline for cash-starved Greece.
- Express and Broadcom are big market movers
NEW YORK (AP) — Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and the Nasdaq Stock Market:
- US stocks end modestly lower
NEW YORK (AP) — U.S. stocks are ending modestly lower following a sell-off in the Chinese market and concerns about an approaching deadline for Greece to make a debt payment.
- Figures on government spending and debt
WASHINGTON (AP) — Figures on government spending and debt (last six digits are eliminated). The government's fiscal year runs Oct. 1 through Sept. 30.
- Teva to pay $1.2 billion in drug-delay settlement
WASHINGTON (AP) — Federal regulators announced Thursday that Teva Pharmaceuticals Industries will pay $1.2 billion to settle charges that one of its subsidiaries illegally blocked the launch of low-cost generic versions of the blockbuster sleeping pill Provigil.
- Why a shrinking US economy last quarter isn't cause for fear
WASHINGTON (AP) — Another first quarter of the year. Another reversal for the U.S. economy. Another expectation of a rebound to come.
- Dollar General promotes Vasos as new chief executive officer
NASHVILLE, Tenn. (AP) — Discount retailer Dollar General has named a new chief executive officer.