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Monday, September 01, 2014, 2:36 p.m.
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National Business
RSS for National Business

Creative types gather to tinker

posted: 09/01/2014 2:04 a.m. Discuss

MESA, Ariz. -- Inside a nondescript, garagelike workshop nestled among restaurants, a flower shop and jewelry stores along Main Street, ideas are taking shape.

Google aims for a dogfight in drone war

posted: 09/01/2014 2:02 a.m. Discuss

Google Inc. is taking its rivalry against Amazon.com Inc. to the skies.

Mustang sallying forth in 2015

posted: 08/31/2014 2:19 a.m. Discuss

Ford Motor Co. is now making the sixth generation of its 50-year-old Mustang sports car at a Michigan plant and expects to export the latest model to more than 120 countries.

'Subscription' retailers deliver surprises

posted: 08/31/2014 2:17 a.m. Discuss

Annie Lakatos is a mom, wife, nurse practitioner and unapologetic nonshopper.

Tribe's casino plan rattles island

posted: 08/31/2014 2:16 a.m. Discuss

Bright clay cliffs and a red-brick lighthouse draw visitors to a scenic overlook on the western tip of Martha's Vineyard.

Consumer spending down by 0.1%

posted: 08/30/2014 1:58 a.m. Discuss

Consumer spending in the U.S. unexpectedly dropped in July for the first time in six months, a sign households are lagging behind as wages fail to accelerate.

20 years for man in fraud scheme

posted: 08/30/2014 1:53 a.m. Discuss

The man who masterminded an $800 million insurance scam that fleeced tens of thousands of investors in one of Florida's all-time largest fraud schemes was sentenced Friday to 20 years in prison.

Tobacco deal draws more FTC scrutiny

posted: 08/30/2014 1:52 a.m. Discuss

Regulators have asked for additional information from Reynolds American Inc. and Lorillard Inc., the U.S. tobacco companies that agreed last month to a $25 billion merger.

Market report: Stocks close August on high note

posted: 08/30/2014 1:50 a.m. Discuss

The Standard & Poor's 500 index delivered its fourth record high in five days Friday, ending with the biggest monthly gain since February.

Business news in brief

posted: 08/30/2014 1:48 a.m. Discuss

McDonald's: Russia to check 100 stores MOSCOW -- McDonald's said Russia's consumer-safety regulator is inspecting more than 100 of its restaurants after the world's largest fast-food chain by revenue was forced to close 12 locations in the country.

U.S. consumer spending dips 0.1%

posted: 08/29/2014 11:07 a.m. Discuss

WASHINGTON — U.S. consumer spending fell in July, with a drop in auto purchases accounting for most of the weakness. Income growth also slowed.

Updating lifts GDP's rise to 4.2%

posted: 08/29/2014 3:25 a.m. Discuss

The economy in the U.S. expanded more than previously forecast in the second quarter, propelled by the biggest gain in business investment in more than two years.

Jobless-aid claims drop by 1,000

posted: 08/29/2014 1:59 a.m. Discuss

WASHINGTON -- The number of Americans seeking unemployment benefits slipped 1,000 last week to a seasonally adjusted 298,000, a low level that signals employers are cutting few jobs and hiring is likely to remain strong.

CEO's return, deal end supermarket-chain rift

posted: 08/29/2014 1:55 a.m. Discuss

TEWKSBURY, Mass. -- Hours after reaching an agreement to buy the company, the restored chief of New England's Market Basket supermarket chain celebrated with workers in a rally at headquarters Thursday, saying he loved them and appreciated their efforts in helping him regain control.

Business news in brief

posted: 08/29/2014 1:53 a.m. Discuss

Profit falls for Wal-Mart unit in S. Africa

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