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Friday, July 03, 2015, 3:27 p.m.
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June hiring solid; U.S. unemployment rate lower

posted: 07/02/2015 7:43 a.m. Comments 3

WASHINGTON — U.S. employers added jobs at a solid pace in June, and the unemployment rate fell to 5.3 percent, a seven-year low.

Airlines' seat talks draw U.S. scrutiny

updated: 07/02/2015 3:51 a.m. Discuss

The U.S. government is investigating possible collusion among major airlines to limit available seats, according to a document obtained by The Associated Press.

Survey: June hiring up 237,000

posted: 07/02/2015 2:11 a.m. Comment 1

U.S. businesses added jobs at a robust pace in June, a private survey found, evidence that rising consumer spending and a healthy housing market are supporting more hiring.

June auto sales 1.48 million, up 3.9%

posted: 07/02/2015 2:11 a.m. Discuss

Automakers on Wednesday posted mostly improving U.S. vehicle sales for June, capping the best first half in a decade, and predicted an even better finish to the year.

Puerto Rican utility's debt met

posted: 07/02/2015 2:10 a.m. Discuss

Puerto Rico's power company has been forced to sell bonds once again to obtain capital and avoid defaulting on a $415 million debt payment.

China tries to hearten stock traders

posted: 07/02/2015 2:09 a.m. Discuss

Chinese authorities are scrambling to reassure jittery investors after soaring stock markets plunged, threatening to set back economic overhaul plans.

Low-paid workers see wages rise 3.2%

posted: 07/02/2015 2:08 a.m. Discuss

From the drive-thru clerk at McDonald's to the greeter at Wal-Mart, workers on the bottom rung of the workforce are getting raises, signaling a broadening of labor market gains that could give Federal Reserve Chairman Janet Yellen reason to raise interest rates this year.

Congestion pushes NYC to limit Uber

posted: 07/02/2015 2:07 a.m. Discuss

So many New Yorkers are signing up with Uber Technology that Mayor Bill de Blasio and City Council members blame the company and other ride-hailing services for clogging Manhattan's streets and air.

Ark-themed park deserves tax break, court told

posted: 07/02/2015 2:07 a.m. Discuss

Lawyers for a Christian ministry building a Noah's ark theme park said Wednesday that Kentucky officials violated First Amendment religious protections when they denied the project a tax incentive worth millions.

Market report: Greek backtracking lifts market

posted: 07/02/2015 2:06 a.m. Discuss

Hopes that a deal could be reached between Greece and its creditors pushed stocks higher Wednesday.

Kraft shareholders back sale to Heinz

posted: 07/02/2015 2:05 a.m. Discuss

Kraft shareholders have approved the sale of the company to ketchup maker H.J. Heinz, creating one of the world's largest food companies with annual revenue of about $28 billion.

Business news in brief

posted: 07/02/2015 2:04 a.m. Discuss

State pork units part of $1.45B JBS sale JBS USA Pork has agreed to purchase Cargill's U.S.-based pork business for $1.45 billion, an acquisition that includes a feed mill and two hog farms in Arkansas.

News in brief

posted: 07/02/2015 1:59 a.m. Discuss

WEHCO taps Gaines for development job Eliza Gaines, who has served in several roles with newspapers owned by WEHCO Media Inc. of Little Rock, has been named vice president of audience development.

U.S. manufacturing growth improves in June; hiring jumps

posted: 07/01/2015 11:21 a.m. Comment 1

WASHINGTON — U.S. manufacturing growth improved in June, helped by a jump in employment.

NYC public advocate: Funds should divest from Wal-Mart

posted: 07/01/2015 11:14 a.m. Comments 9

NEW YORK — New York City Public Advocate Letitia James is calling for the city's pensions funds to divest from Wal-Mart.

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