By MARTIN CRUTSINGERAP Economics Writer
WASHINGTON (AP) - A measure of U.S. economic activity designed to give signals about the future posted a solid gain in September, rebounding after a dip in August. The index is still signaling weak growth, however.
The Conference Board said Thursday that
By The Associated Press
BYE, PAPER: Newsweek announced Thursday that it plans to end its print publication and shift to an all-digital format in early 2013. Newsweek's last U.S. print edition will be its Dec. 31 issue.
HELLO, DIGITAL: The online publication will be called Newsweek Global
By The Associated Press
Stocks are opening mostly lower, breaking a four-day winning streak for the Dow Jones industrial average, following a leap in claims for unemployment benefits and a mixed batch of corporate earnings reports.
The Dow was down 18 points at 13,539 shortly after the opening
By ROXANA HEGEMANAssociated Press
WICHITA, Kan. (AP) - Talks to sell Hawker Beechcraft's operations to China's Superior Aviation Beijing Co. have collapsed and the Wichita plane maker said Thursday that it now plans to emerge from bankruptcy protection as a slimmed down company in the
ST. PETERSBURG, Fla. (AP) - Jabil Circuit Inc. said Thursday that it's promoting its chief operating officer, Mark Mondello, to CEO, and its current chief executive is set to become chairman.
The board's current chairman, William Morean, is retiring and will not stand for re-election to the
By SINAN SALAHEDDINAssociated Press
BAGHDAD (AP) - Iraqi authorities have issued arrest warrants for the longtime governor of the central bank following allegations of financial wrongdoing, the country's judiciary said Thursday.
Allegations against Sinan al-Shabibi, who has led the bank
By JOSH FUNKAP Business Writer
OMAHA, Neb. (AP) - Union Pacific said Thursday that its third-quarter profit climbed 15 percent because price increases and more automotive and chemical shipments helped the railroad offset a 12 percent drop in coal shipments.
The railroad reported $1 billion in
By CHRISTOPHER S. RUGABERAP Economics Writer
WASHINGTON (AP) - Weekly applications for U.S. unemployment benefits jumped 46,000 last week to a seasonally adjusted 388,000, the highest in four months. The increase marks a rebound from the previous week's sharp drop. Both swings were largely
NEW YORK (AP) - Stock futures slipped Thursday as companies including Verizon, Morgan Stanley and Southwest Airlines posted mixed quarterly earnings, and the Labor Department posted the latest numbers on unemployment benefits.
Dow Jones industrial futures fell 9 points to 13,480. The broader S&
By LISA CORNWELLAssociated Press
CINCINNATI (AP) - Fifth Third Bancorp reported Thursday that its third-quarter net income fell because of one-time expenses related to debt repayment and accounting issues.
Still, the Cincinnati-based bank reported improving lending business trends, and beat