Business

Business Can low oil prices be good for the environment? Can low oil prices be good for the environment?
Deepwater drilling rigs are sitting idle. Fracking plans are being scaled back. Enormous new projects to squeeze oil out of the tar sands of Canada are being shelved.
Business U.S. companies hire at the fastest pace in 7 years U.S. companies hire at the fastest pace in 7 years
U.S. companies ramped up hiring in September, and more Americans were confident enough to quit their jobs - two signs of a steadily improving economy. The number of available jobs declined but remained at a healthy level.
Business Wal-Mart sales perk up ahead of holiday Wal-Mart sales perk up ahead of holiday
Wal-Mart Stores Inc. eked out a rare gain in an important sales measurement during the third quarter as it reported profits that beat Wall Street expectations Thursday.
Business Morgan Stanley pushed murky China stock to market Morgan Stanley pushed murky China stock to market
U.S. banking giant Morgan Stanley helped a Chinese company, Tianhe Chemicals, sell $654 million in stock in a June public offering. But The Associated Press identified significant discrepancies in publicly accessible financial records and statements Tianhe made to investors.
Business Gas to average under $3 in 2015, government says Gas to average under $3 in 2015, government says
The Energy Department now predicts the average price of gasoline will be below $3 a gallon in 2015. The dramatically lower estimate will save U.S. consumers and the economy more than $60 billion if it holds true.
Business Medical marijuana patient sues after firm won't hire her Medical marijuana patient sues after firm won't hire her
A graduate student has sued a textile company for refusing to hire her for a two-month internship because she uses medical marijuana to treat frequent and debilitating migraine headaches, a decision her lawyer calls discrimination.
Business Macy's cuts outlook in sign of discounts to come Macy's cuts outlook in sign of discounts to come
Macy's cut its profit outlook after a sales shortfall in its latest quarter, suggesting that shoppers can expect another discount-laden holiday shopping season.
Business U.S. wholesale stockpiles up 0.3 percent U.S. wholesale stockpiles up 0.3 percent
U.S. wholesale businesses posted a modest gain in their stockpiles in September as sales rebounded from a big decline the previous month.