Business

Business Wealthy giving less to charity; Utah tops states Wealthy giving less to charity; Utah tops states
Even as the income gap widens, the wealthiest Americans are giving a smaller share of their income to charity, while poor and middle-income people are donating a larger share, according to an extensive analysis of IRS data conducted by the Chronicle of Philanthropy.
Business Corporate deals set to return to pre-crisis levels
In a year that's been awash with multi-billion dollar corporate deals, the number and value of mergers and acquisitions is set to grow further, reaching pre-crisis levels over the coming 12 months, consulting firm EY said Monday.
Business Surge of hiring cuts US jobless rate to 5.9 pct. Surge of hiring cuts US jobless rate to 5.9 pct.
In a burst of hiring, U.S. employers added 248,000 jobs in September and helped drive down the unemployment rate to 5.9 percent, the lowest since July 2008.
Business Airbus insider trading trial opens in Paris Airbus insider trading trial opens in Paris
German carmaker Daimler AG and French conglomerate Lagardere SCA are on trial in a Paris criminal court along with seven current and former Airbus executives accused of involvement in insider trading.
Business 5 mysteries of U.S. job market waiting to be solved 5 mysteries of U.S. job market waiting to be solved
Just how healthy is the U.S. job market? Despite steady hiring and falling unemployment, the question has provoked sharp debate and considerable uncertainty on the eve of the September jobs report.
Business U.S. factory orders posted record drop in August U.S. factory orders posted record drop in August
Orders to U.S. factories fell in August by the largest amount on record, but the drop was heavily weighed by an expected plunge in volatile aircraft orders.
Business Buffett's Berkshire Hathaway buys large auto dealer Buffett's Berkshire Hathaway buys large auto dealer
The billionaire's Berkshire Hathaway, owner of businesses ranging from the BNSF railroad to Dairy Queen, Geico insurance and power providers, is buying the privately owned auto dealership company Van Tuyl Group. Financial terms were not disclosed.
Business Applications for U.S. jobless benefits drop to 287,000 Applications for U.S. jobless benefits drop to 287,000
The number of people seeking U.S. unemployment benefits dropped 8,000 last week to a seasonally adjusted 287,000, as the total number of beneficiaries dropped to its lowest level in more than eight years.