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Orders resurgent for durable goods

Subscriber onlyWASHINGTON -- Orders for long-lasting manufactured goods rebounded in June after a May decline, the Commerce Department reported Friday. Continue reading...

Grocery store family feud sparks revolt by workers

Subscriber onlyWEST BRIDGEWATER, Mass. -- It's been called a David vs. Goliath story, a "Tale of Two Arthurs" and even the "ultimate Greek tragedy," but the characters in this drama are not biblical or literary figures. They're grocery store owners. Continue reading...

Visa, Amazon reports chill Dow

Subscriber onlyNEW YORK -- Investors got some bad news about the American shopper on Friday, driving down stocks and sending the Dow Jones industrial average to a loss for the week. Continue reading...

Longer terms urged in Madoff case

5 aides in Ponzi scheme show no remorse, prosecutors say

Subscriber onlyFive former aides to Bernard Madoff who prosecutors said have shown a "galling" lack of remorse since being convicted of fraud were to be sentenced next week for propelling the biggest Ponzi scheme in U.S. history. Continue reading...

Business news in brief

Subscriber onlyNYC's Subway Inn to shut after 77 years Continue reading...

Ford's 2nd-quarter profit up 6%

It beats expectations; GM doesn’t as it grapples with recalls

Subscriber onlyDEARBORN, Mich. -- Ford Motor Co. on Thursday beat Wall Street's expectations in the second quarter as it chalked up a record profit in North America and made money in Europe for the first time in three years. Continue reading...

Airlines' quarter earnings hit highs

Stock buybacks, payouts planned

Subscriber onlyInvesting in airlines has long been the butt of jokes, especially when many U.S. carriers went through bankruptcy court in the past decade. Continue reading...

Union Pacific profits surge 17%

CEO says firm is benefiting from delays on BNSF’s lines

Subscriber onlyOMAHA, Neb. -- Union Pacific Corp. said Thursday that its quarterly profit climbed 17 percent as the railroad hauled 8 percent more freight and raised shipping rates. Continue reading...

Stocks stay flat despite movement

Subscriber onlyNEW YORK -- Major U.S. stock indexes ended roughly where they began Thursday, despite investors having to work through a busy day of corporate earnings and two economic reports. Continue reading...

Business news in brief

Subscriber only30-year mortgage rate steady at 4.13% Continue reading...

SEC to end $1 a share for some funds

Subscriber onlyWASHINGTON -- Regulators voted by a narrow margin Wednesday to end a longtime staple of the investment industry -- the fixed $1 share price for money-market mutual funds -- at least for some money funds used by big investors. Continue reading...

U.S. retail forecast for year falls

Trade group sees sales growth of 3.6%, down from 4.1%

Subscriber onlyA sluggish start in U.S. retail sales in the first half of the year has caused the National Retail Federation to turn back its year-over-year growth forecast to 3.6 percent from 4.1 percent for 2014 even though sales are expected to grow significantly faster over the next five months. Continue reading...

Business aid for women found paltry

Subscriber onlyNEW YORK -- Women who own small businesses are still far behind their male counterparts when it comes to getting loans and government contracts, a congressional report said Wednesday. Continue reading...

Quarterly earnings for Delta soar 17%

Subscriber onlyATLANTA -- Delta Air Lines Inc. said Wednesday that second-quarter earnings rose 17 percent, topping analysts' expectations, as passengers flew more miles at higher average fares and fuel spending declined. Continue reading...

China arrests 5 in meat scandal

Expired-product sales were organized, safety agency says

Subscriber onlyBEIJING -- Five employees of a company accused of selling expired beef and chicken to McDonald's, KFC and other restaurants in China were detained by police Wednesday after an official said illegal activity was an organized effort by the supplier. Continue reading...