Shareholders approve plans for US Steel sale
PITTSBURGH -- U.S. Steel shareholders have overwhelmingly approved the company's sale to Nippon Steel of Japan for $14.1 billion in cash, voicing unequivocal s…
National Business News
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Consumer optimism dips, index shows
WASHINGTON -- Consumer sentiment about the U.S. economy has ticked down but remains near a recent high, with Americans' outlook largely unchanged this year.
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Producer prices up 2.1% in March
WASHINGTON -- U.S. producer prices rose in March from a year earlier at the fastest pace in nearly a year, but the gain was less than economists expected. And …
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Railroads seek crew mandate overturn
Four railroads have asked federal appeals courts to throw out a new rule that would require two-person train crews in most circumstances, saying the mandate is…
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California startup makes climate-friendly cement
It's a major contributor to climate change -- the way buildings and roads are made with concrete. It's also a problem that's growing as more of the world devel…
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Tech stock gains lead markets’ claw-back of losses
NEW YORK -- Jumps for Big Tech on Thursday helped U.S. stock indexes claw back much of their slide from the day before.
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Weekly jobless benefits claims decline
WASHINGTON -- Fewer Americans applied for unemployment benefits last week as the labor market continues to thrive despite the Federal Reserve's efforts to cool…
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Bank reports a test for high share prices
The biggest U.S. bank stocks have soared over the past six months, outpacing the S&P 500's gains. But whether they can maintain that momentum is the big questi…
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Consumer inflation stayed high in March
WASHINGTON -- Consumer inflation remained persistently high last month, driven by rising prices for gasoline, rent, auto insurance and other items, the governm…
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Delta reports narrow 1Q profits
Delta Air Lines eked out a narrow first-quarter profit and said Wednesday that demand for travel is strong heading into the summer.
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FCC rules detail broadband costs
NEW YORK -- Much like nutritional labels on food products, "broadband labels" for internet packages will soon tell customers just what is going into the pricin…
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Meta ad costs said to soar as sales wane
Businesses that rely on Facebook and Instagram advertising to stay afloat have noticed something startling over the past two months: Meta Platforms Inc.'s norm…
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Ford recalls 43,000 SUVs over gas leak
DETROIT -- Ford is recalling nearly 43,000 small SUVs because gasoline can leak from the fuel injectors onto hot engine surfaces, increasing the risk of fires.…
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Starbucks aims to reduce mistakes with acoustics
Starbucks Corp. doesn't want its customers to have to shout to order their iced lattes.
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Decreasing stocks raise concern about inflation
NEW YORK -- A washout on Wall Street sent stocks sinking Wednesday, as worries rose that what seemed like a blip in the battle to bring down inflation is turni…
