Business

Unemployment Claims Rise to Two Month High

The number of Americans filing for unemployment benefits unexpectedly rose last week to a two-month high, interrupting a steady decrease to the lowest level since before the last recession.

September 11, 2014
Business

Visteon Board Said to Weigh Splitting Into Two Companies

Visteon Corp., the auto-parts maker that was once a unit of Ford Motor Co., is exploring a plan to split into two companies, one focused on electronics and the other on climate controls, people familiar with the matter said.

September 10, 2014
Business

Consumer Credit Surges on Loans for Automobiles

Consumer borrowing in the U.S. rose more than forecast in July as non-revolving loans including those for cars climbed by the most in three years.

September 9, 2014
Business, Technology

Germany Exploring Use of E-Bikes for Local Freight

Chancellor Angela Merkel’s government is looking for ways to encourage electric bikes to replace trucks for local freight shipments in Germany.

September 5, 2014
Business

Second Quarter Productivity Rises at Slower Pace Than Estimated

U.S. workers’ productivity rose in the second quarter at a slower rate than previously estimated, the Labor Department reported.

September 4, 2014
Government

Service Industries Expand at Fastest Pace in Nine Years

Service providers expanded in August at the fastest pace in nine years, a sign of growing momentum in the broadest sector of the U.S. economy.

September 4, 2014
Government, Business

Trade Gap Narrows to Six-Month Low

The trade deficit in the U.S. narrowed in July to the lowest level in six months as exports climbed to a record.

September 4, 2014
Business

Jobless Claims Little Changed as Firings Dwindle

Applications for unemployment benefits in the U.S. were little changed last week as an improving economy prompted businesses to retain staff.

September 4, 2014
Business

Manufacturing Grows at Fastest Pace in Three Years

Manufacturing expanded in August at the fastest pace in three years as orders grew by the most in a decade, showing U.S. factories will help power the economy into the third quarter.

September 2, 2014
Business

US Tightens Rules Amid Worst Barge Spills Since 2008

Tighter regulation of U.S. ships carrying record exports of diesel and gasoline is coming amid the worst year for oil spills from barges since 2008.

August 29, 2014