Business

Business Retail trade group reduces annual sales forecast Retail trade group reduces annual sales forecast
The nation's largest retail trade group has pared its annual sales forecast because of slower-than-expected growth during the first half of the year tied to winter storms and lingering economic woes.
Business Women business owners face gender gap, report says Women business owners face gender gap, report says
Women who own small business are still far behind their male counterparts when it comes to getting loans and government contracts, a congressional report said Wednesday.
Business Trump: D.C. hotel will be among world's best Trump: D.C. hotel will be among world's best
Donald Trump says his new hotel in the Old Post Office building in downtown Washington "will be one of the fine ... and maybe the finest" hotels in the world.
Business Delta Air Lines 2nd quarter profit rises 17 percent Delta Air Lines 2nd quarter profit rises 17 percent
Delta Air Lines Inc. said Wednesday that second-quarter earnings rose 17 percent, topping analysts' expectations, as passengers flew more miles at higher average fares and fuel spending declined.
Business Microsoft CEO sees 'bold' plan as 4Q tops Street Microsoft CEO sees 'bold' plan as 4Q tops Street
Microsoft Corp. CEO Satya Nadella painted an upbeat vision of the future Tuesday, saying that the next version of Windows will be unified across screens of all sizes and that two money-losing units - Nokia phones and Bing search - would become profitable in 2016.
Business U.S. home sales increase 2.6 percent in June U.S. home sales increase 2.6 percent in June
Sales of previously owned homes rose for a third straight month in June, pushing activity to the highest level in eight months and providing evidence that housing is regaining lost momentum.
Business U.S. consumer prices up 0.3 percent in June U.S. consumer prices up 0.3 percent in June
U.S. consumer prices rose in June at a slightly slower pace than in May with two-thirds of the June advance driven by the largest jump in gasoline prices in a year.
Business U.S. companies report rising sales, employment in 2nd quarter U.S. companies report rising sales, employment in 2nd quarter
Rising sales helped boost hiring and wages at U.S. businesses in the second quarter, and companies are optimistic that the trends will continue this fall, according to a new survey by the National Association for Business Economics.
Business McDonald's, KFC in China face new food scandal McDonald's, KFC in China face new food scandal
McDonald's and KFC in China faced a new food safety scare Monday after a Shanghai television station reported a supplier sold them expired beef and chicken.
Business Study says national parks boost economy in West
National parks and monuments boosted the economies of surrounding communities in Wyoming, Montana and Idaho by a combined $1.15 billion last year, according to a new study.
Business Gauge of US economy rises 0.3 percent in June
A gauge designed to predict the economy's future health increased in June for a fifth consecutive month, supporting the view that economic growth should accelerate in the second half of this year.
Business China's clout on show with BRICS bank formation
A developing nation version of the World Bank was formally agreed this week two years after India proposed the idea to Brazil, Russia, China and South Africa. Yet even as the five governments hailed its formation, there were questions about whether four of them might simply be paying to move from U.S. financial hegemony to dominance by another economic superpower: China.
Business Senators call on GM CEO to fire top lawyer Senators call on GM CEO to fire top lawyer
Lawmakers on Thursday demanded General Motors fire its chief lawyer and open its compensation plan to more potential victims as a Senate subcommittee delved deeper into GM's mishandling of the recall of small cars with defective ignition switches
Business US home construction drops 9.3 percent in June US home construction drops 9.3 percent in June
U.S. home construction fell in June to the slowest pace in nine months, a setback to hopes that housing is regaining momentum and will boost economic growth this year.
Business Fiat denies merger talks with VW Fiat denies merger talks with VW
Italian automaker Fiat and its main shareholder denied on Thursday a media report that the company is in merger talks with rival Volkswagen. The German carmaker also said it had no plans for mergers or acquisitions.