In U.S., supplies decline by 0.1%

Inventory dip was unexpected

Posted: February 9, 2013 at 3:20 a.m.

Inventories at U.S. wholesalers unexpectedly fell in December for the first time in six months as companies tried to keep pace with cooling sales.

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Business, Pages 27 on 02/09/2013


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German steelmaker to fire 2,000

A slab of steel moves along a production line during the “hot rolling” process at ThyssenKrupp AG’s steel mill in Duisburg, Germany. ThyssenKrupp said Friday it plans to cut more than 2,000 jobs in Europe.

ThyssenKrupp AG, Germany’s biggest steelmaker, said Friday that it intends to save $670 million by reorganizin... Read »

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EU leaders OK slimmer budget

German Chancellor Angela Merkel and French President Francois Hollande arrive for a news conference Friday at the conclusion of the European Union’s budget summit in Brussels.

European Union leaders agreed Friday to a significantly reduced 7-year budget worth $1.28 trillion — the first... Read »