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Earnings report

Subscriber onlyCompanies reporting quarterly earnings Wednesday included: Boeing Co., the aircraft manufacturer, a profit of $1.2 billion, or $1.83 a share, down from $1.34 billion, or $1.87 a share a year ago. Revenue rose 2 percent to $22.6 billion. Shares rose $3.84 to close Wednesday at $137.08. Continue reading...

Business news in brief

Subscriber onlyMexico's jobless rate hits 8-year low Mexico's unemployment rate fell in March to the lowest in almost eight years, the latest sign of stronger growth in Latin America's second-largest economy. Continue reading...

Insurer upbeat on exchange growth

Subscriber onlyHealth insurer Anthem aims to pull a small profit this year from the Affordable Care Act's public insurance exchanges, and its CEO said Wednesday that he's "really glad" to be serving nearly 1 million people in this still-developing market. Continue reading...

No Fed rate hike expected Wednesday

WASHINGTON — On this, pretty much every economist agrees: The Federal Reserve will keep interest rates unchanged when it ends its latest policy meeting Wednesday. What's unclear is whether it will hint about the likelihood of a rate hike at its next meeting in June. Continue reading...

Military lifts durable-goods orders

Investment-plan gauge flat; home-price gains under forecast

Subscriber onlyOrders to U.S. factories for long-lasting manufactured goods rose in March, but a key category that tracks business investment plans was weak for a second month. Continue reading...

Apple's sales slide 13% in 2Q

IPhone shipments dip 16%; 3Q revenue forecast lowered

Subscriber onlyApple Inc. posted its first quarterly revenue drop in more than a decade on Tuesday and forecast another decline in the current period, dragged down by waning demand for the iPhone. Continue reading...

Cheated on mileage ratings for 25 years, Mitsubishi says

Subscriber onlyMitsubishi Motors admitted Tuesday that it had used improper methods to test the fuel economy of cars sold in Japan for 25 years, drastically widening the scope of a mileage-doctoring scandal gripping the company. Continue reading...

'Living wage' states, cities facing struggle to identify violators

Subscriber onlyStates and cities whose lawmakers passed "living wage" laws are finding it difficult to make sure employers actually pay their workers accordingly. Continue reading...

Nasdaq down fourth-straight day

Subscriber onlyStocks finished mostly higher Tuesday in another cautious day of trading. Energy companies climbed in tandem with the price of oil, but technology companies fell. Continue reading...

Business news in brief

Subscriber onlyBP shares rise on $583M quarterly loss LONDON -- BP, the first of the major oil companies to report earnings this week, said Tuesday that it had lost $583 million in the first quarter of 2016, compared with a $2.6 billion profit in the same period last year. Continue reading...

Earnings report

Subscriber onlyCompanies reporting quarterly earnings Tuesday included: DuPont Co., the chemical maker, a profit of $1.23 billion, or $1.39 a share, up from $1.03 billion, or $1.11 a share, a year ago. Revenue fell 6 percent to $7.4 billion. Shares rose $1.58 to close Tuesday at $67.55. Continue reading...

Cost rise of drugs defying criticism

List prices in ’15 ballooned 12%

Subscriber onlyFrom the campaign trail to the halls of Congress, drugmakers have spent much of the past year enduring criticism over the rising cost of drugs. Continue reading...

Charter bid gets antitrust approval

Firm offers $55B for Time Warner

Subscriber onlyCharter Communications Inc. won U.S. antitrust approval Monday for its $55 billion takeover of Time Warner Cable Inc., which would create the No. 2 U.S. cable provider, after agreeing to measures intended to protect distribution of online video. Continue reading...

March new-home sales slip 1.5%

U.S. economists upbeat despite steady fall since January

Subscriber onlyWASHINGTON -- Americans stepped back from buying new homes in March, the third straight monthly decline as sales fell in Western states. Continue reading...

Rate-rise outlook for Fed: Unlikely

Subscriber onlyWASHINGTON -- The U.S. job market is healthy. The stock market is up. Home prices are rising. Yet as the Federal Reserve prepares to meet this week, it seems in no mood to resume raising interest rates from ultra-lows. Continue reading...