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Retail sales rise slight 0.2 percent in August
WASHINGTON — Americans boosted their spending at retail businesses only modestly in August, indicating that economic growth remains sluggish. Consumers bought more cars, furniture and electronics last month but held […]
House unveils bill to police specialty pharmacies
WASHINGTON — House lawmakers have introduced legislation that would bring more federal oversight to large specialty pharmacies like the one that triggered a deadly meningitis outbreak last year. The bill […]
Some employers see perks of hiring older workers
Older people searching for jobs have long fought back stereotypes that they lack the speed, technology skills and dynamism of younger applicants. But as a wave of baby boomers seeks […]
Tweetable facts about Twitter’s IPO
NEW YORK — Twitter has redefined the way we communicate, get news and share tidbits of our lives. It has even been credited with starting a revolution or two. The […]
Judge approves American Airlines’ bankruptcy plan
DALLAS — A federal judge has approved American Airlines’ plan to emerge from bankruptcy protection and merge with US Airways, although the airlines must still resolve a lawsuit filed by […]
Computer upgrades cut jobless claims to 292K
WASHINGTON — The number of Americans seeking unemployment benefits plummeted last week 31,000 to a seasonally adjusted 292,000. But the drop was mostly because of technical issues in two states […]
Dell shareholders approve $24.8B buyout offer
ROUND ROCK — Dell Inc. will end its quarter-century history as a publicly traded company and try to engineer a turnaround away from the prying eyes of Wall Street following […]
American, U.S. Airways to government: You just don’t get it
DALLAS — American Airlines and US Airways say that the government’s opposition to their planned merger shows that it doesn’t understand the airline industry. The Justice Department and several states […]
Legg reports slight decrease in assets under management
Legg Mason Inc., of Baltimore, a global asset manager, reported August's assets under management totaled $644.5 billion, a 0.83 percent increase from AUM of $639.2 billion in August 2012.
Verizon has biggest bond sale in history
NEW YORK — Verizon raised $49 billion on Wednesday in the largest corporate bond deal ever. The sale dwarfs the previous record, Apple’s sale of $17 billion in bonds in […]
Wholesale stockpiles rise 0.1 percent in July
WASHINGTON — U.S. wholesalers increased in their stockpiles only slightly in July after three monthly declines and theirs sales improved at the weakest pace in seven months. The Commerce Department […]
Employers posted fewer jobs, but hired more in July
WASHINGTON — U.S. employers advertised fewer jobs in July but hired more workers, a mixed sign that suggests only modest improvement in the job market. Job openings fell 180,000 in […]
