Flagging market slows home-price gain

Posted: July 30, 2014 at 2:56 a.m.

Residential real-estate prices rose in the 12 months ending in May at the slowest pace in more than a year as a lull in the U.S. housing market limits appreciation.

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Chinese probing software supplier

Employees work inside Microsoft Corp.’s China headquarters in Beijing in this file photo. China’s antimonopoly agency began investigating Microsoft in June after complaints Microsoft failed to publish all documentation for its Windows operating system and Office software.

China's anti-monopoly agency announced an investigation Tuesday of Microsoft Corp., stepping up regulatory pre... Read »

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Stung by 2013's crush, UPS gears for holiday

United Parcel Service driver Marty Thompson steps off a truck while making deliveries in Cumming, Ga., in June. UPS on Tuesday reported a second quarter profit of $454 million, or 49 cents a share, down from $1.07 billion, or $1.13 a share, a year ago.

Shipping company UPS said Tuesday that the company is willing to sacrifice some short-term profits to avoid a ... Read »