Business

Business Volatile apartment sector reduces US home building Volatile apartment sector reduces US home building
U.S. home construction plunged in August, led by steep decline in the volatile apartment category. But single-family house construction, a larger and more stable portion of the market, fell only modestly.
Business Applications for US jobless benefits fall sharply Applications for US jobless benefits fall sharply
The number of people applying for U.S. unemployment benefits dropped by a sharp 36,000 last week to a seasonally adjusted 280,000, a sign that the job market is strengthening.
Business JetBlue's CEO will step down early next year
JetBlue Airways Corp. CEO Dave Barger will step down in February and be replaced by the company's president, ending months of speculation about leadership at the airline, which is profitable but has lagged its rivals.
Business U.S. consumer prices fall 0.2 percent in August U.S. consumer prices fall 0.2 percent in August
U.S. consumer prices edged down in August, the first monthly drop since the spring of 2013, as gasoline, airline tickets and clothing prices all fell. It was the latest evidence that inflation remains under control.
Business FedEx to add 50,000 temporary jobs for holiday season FedEx to add 50,000 temporary jobs for holiday season
Growth in online shopping is boosting profit at FedEx, and the company plans to hire more than 50,000 extra workers to handle what is shaping up as another record year for holiday-season package deliveries.
Business Sony forecasts $2 billion loss as smartphones lag Sony forecasts $2 billion loss as smartphones lag
Sony expects its annual loss to swell to $2 billion and has canceled dividends for the first time in more than half a century after writing down the value of its troubled smartphone business.
Business UPS expects to hire up to 95,000 seasonal workers UPS expects to hire up to 95,000 seasonal workers
UPS plans to hire up to 95,000 workers to help deliver packages during the busy holiday season — an increase from last year, when the company was caught unprepared for a boom in online shopping.
Business Anheuser-Busch 'disappointed' in NFL Anheuser-Busch 'disappointed' in NFL
Anheuser-Busch, one of the NFL's biggest sponsors, says it isn't happy with the recent controversy that has engulfed the league.
Business U.S. factory output drops 0.4 percent in August U.S. factory output drops 0.4 percent in August
U.S. manufacturing output declined in August for the first time in seven months, reflecting a sharp fall in production at auto plants that was due mainly to seasonal adjustment problems.
Business GM expert says 19 deaths eligible for compensation GM expert says 19 deaths eligible for compensation
The death toll tied to faulty ignition switches in General Motors small cars has risen to 19, according to a compensation expert hired by the company. The number is likely to go higher.
Business Trustee objects to parts of proposed Revel deal
The proposed auction date for the Revel Casino Hotel is too soon and a $3 million breakup fee that would go to a Florida developer if he's outbid for the recently shuttered site is inappropriate, a U.S. Bankruptcy Court trustee said.
Business Slow Money invests in small food enterprises
Consumers who want to support local food and farms aren't limited anymore to buying locally produced veggies, meats and cheeses. They can make direct investments big or small into local food businesses through a national movement called Slow Money, which links investors with farmers and small food producers.
Business Sponsors keep close watch on NFL investigation Sponsors keep close watch on NFL investigation
Major brand sponsors are watching closely to make sure the National Football League doesn't fumble the investigation into how its executives handled evidence in the Ray Rice domestic violence case.
Business Olive Garden investor: Back off on the breadsticks Olive Garden investor: Back off on the breadsticks
In a nearly 300-page treatise on what's wrong with Olive Garden and its management, investor Starboard Value suggests the Italian restaurant chain is being reckless with its unlimited breadsticks.
Business Influence Game: Chemical trade tries to shape regs Influence Game: Chemical trade tries to shape regs
The powerful chemical industry is putting its lobbying muscle behind legislation that would establish standards for chemicals used in products from household goods to cellphones and plastic water bottles - but also make it tougher for states to enact their own regulations.
Business Top banks plan move in case of Scots' independence Top banks plan move in case of Scots' independence
In a blow to the Scottish independence campaign, top financial groups including the Royal Bank of Scotland and Lloyds Banking Group say they will move their headquarters to England if Scots vote to break away from the United Kingdom.