National Business News

RSS

Metals tariffs threaten poultry

S. Africans link levies to U.S. deal

Subscriber onlyWell before President Donald Trump began imposing tariffs on steel, aluminum and other imported goods, there was a deal with South Africa that gave U.S. chicken producers duty-free access to a market that had effectively been shut to them for years. Continue reading...

Factory output up in September

Production climbs 2.8% in 3rd-quarter expansion, Fed says

Subscriber onlyU.S. factory production expanded in September for a fourth-consecutive month on broad-based demand as the sector accelerated in the third quarter, Federal Reserve data showed Tuesday. Continue reading...

Record number of open jobs posted

Subscriber onlyU.S. employers posted the most jobs in two decades in August, and hiring also reached a record high, fresh evidence that companies are desperate to staff up in a growing economy. Continue reading...

Student-loan rules take effect after bids for delay denied

Subscriber onlyWASHINGTON -- Rules that lay out how students defrauded by colleges can erase their debt took effect Tuesday after President Donald Trump's administration and an association of for-profit colleges lost their bids to delay them. Continue reading...

Analysis of meals suggests cutbacks

Subscriber onlyChanges in eating habits are proving to be a challenge for food and beverage companies as Americans get older and eat fewer meals throughout the week. Continue reading...

Trade-deal vote ruled out for '18

Senate’s McConnell calls NAFTA replacement a ’19 priority

Subscriber onlyPresident Donald Trump's renegotiated trade deal with Mexico and Canada won't get a vote in Congress this year, Senate Majority Leader Mitch McConnell said, setting up a potential contentious fight with Democrats next year over a signature White House accomplishment. Continue reading...

Cable providers want car airwaves

Subscriber onlyTwenty years ago, automakers won exclusive rights to use a portion of U.S. airwaves for ultra-safe "talking cars" that would communicate with one another wirelessly, see around corners and avert collisions. Continue reading...

Qualcomm, FTC lose bid to delay ruling

Subscriber onlyA federal judge has denied a request from Qualcomm and the Federal Trade Commission to delay a key ruling in an anti-monopoly lawsuit so the two sides can work on a potential settlement. Continue reading...

Business news in brief

Subscriber onlyTop investment banks report strong 3Q Continue reading...

As Walmart, Amazon battle, researchers say online grocery share data hard to pin

Subscriber onlyAs retailers like Walmart Inc. and Amazon battle for market share of U.S. online grocery sales, researchers are trying to track how they're faring. However, an industry expert says determining market share in the digital realm isn't as straightforward as it is for in-store sales. Continue reading...

Justices reject Conagra appeal

Lead-paint case ruling kept intact

Subscriber onlyThe U.S. Supreme Court rejected appeals from Sherwin-Williams Co. and Conagra Brands Inc., leaving intact a ruling that requires them to pay more than $400 million for lead-paint remediation in California. Continue reading...

U.S. soybeans bound for China

2 ships were loaded last week carrying 134,729 metric tons

Subscriber onlyTwo more vessels loaded with U.S. soybeans have departed for China, signaling that buyers may be getting more desperate for supplies amid the prolonged trade war between the nations. Continue reading...

Health chief wants medicine ads on TV to include list prices

Subscriber onlyWASHINGTON -- The nation's top health official proposed on Monday that pharmaceutical companies be required to include the list price of medicines in advertisements to consumers -- the boldest element of a series of efforts by President Donald Trump's administration to curb drug spending. Continue reading...

Defense contractors Harris, L3 agree to $33.5B merger

Subscriber onlyHarris Corp. and L3 Technologies Inc. aren't exactly household names. A new deal could change that. Continue reading...

Retail sales edge up in September

0.1% gain matches August rise; bar, eatery spending drops

Subscriber onlyRetail sales edged up a slight 0.1 percent in September, a disappointing performance in which rebounding auto sales were offset by weakness in spending at restaurants, bars, department stores other areas. Continue reading...