Business

Business Wal-Mart jumps into the money transfer biz, loudly Wal-Mart jumps into the money transfer biz, loudly
The world's largest retailer introduced a new money transfer service Thursday that it says will cut fees by up to 50 percent compared with similar services elsewhere.
Business Applications for U.S. jobless aid edge up to 304,000 Applications for U.S. jobless aid edge up to 304,000
The number of people seeking U.S. unemployment benefits last week rose 2,000 to a seasonally adjusted 304,000. Jobless claims continue to be near pre-recession levels despite the slight increase.
Business U.S. home building up in March after frigid winter U.S. home building up in March after frigid winter
U.S home construction rose moderately in March as builders resumed work at the end of a frigid winter. But applications for building permits slid, clouding the outlook for future construction.
Business U.S. factory output extended solid gains in March U.S. factory output extended solid gains in March
U.S. factory output rose further last month, extending strong growth from February after harsh weather had caused production to tumble in January. Manufacturers produced more furniture, clothing, chemicals and aerospace products.
Business China's growth slows to 7.4 percent in 1st quarter China's growth slows to 7.4 percent in 1st quarter
China's economic growth slowed further in the latest quarter but appeared strong enough to satisfy Chinese leaders who are trying to put the country on a more sustainable path without politically dangerous job losses.
Business Homebuilder confidence edges up in April Homebuilder confidence edges up in April
U.S. homebuilders' confidence in the housing market rose modestly in April but remained at low levels for the third straight month, constrained by tight credit for home buyers and a shortage of workers and available land.
Business Coca-Cola sells more drinks but soda dips Coca-Cola sells more drinks but soda dips
The world's biggest beverage maker said Tuesday that its global volume for soda fell for first time in at least a decade. The drop was offset by stronger sales of noncarbonated drinks such as juice, and overall volume rose 2 percent.