Business

Business Sales of U.S. existing homes slip to a 20-month low Sales of U.S. existing homes slip to a 20-month low
Sales of existing U.S. homes slipped in March to their lowest level since July 2012 as rising prices and a tight supply of available homes discouraged many would-be buyers.
Business General Motors seeks more protection from lawsuits General Motors seeks more protection from lawsuits
General Motors Co. is asking a U.S. bankruptcy judge to shield it from legal claims for actions that took place before the company's 2009 bankruptcy.
Business Comcast 1st quarter earnings surge on upbeat NBC results Comcast 1st quarter earnings surge on upbeat NBC results
Comcast Corp. said Tuesday that its first-quarter net income rose by 30 percent as ad revenue surged at broadcast network NBC, helped by the Winter Olympics in Sochi and Jimmy Fallon's elevation as host of "The Tonight Show."
Business McDonald's profit slips amid weak sales McDonald's profit slips amid weak sales
The world's biggest hamburger chain said sales at established U.S. locations fell 1.7 percent in the first quarter as guest counts fell.
Business UAW withdraws appeal of Volkswagen union vote UAW withdraws appeal of Volkswagen union vote
The United Auto Workers announced Monday it is withdrawing its appeal of the outcome of a union vote at Volkswagen's assembly plant in Tennessee.
Business Gauge of US economy up for 3rd straight month Gauge of US economy up for 3rd straight month
A measure of the U.S. economy's health rose in March for the third consecutive month, a sign of stronger growth after harsh winter weather caused the economy's pace to slow.
Business Discovery to sell HowStuffWorks for $45 million
The owner of cable networks Discovery Channel, TLC and Animal Planet said Monday that it has agreed to sell information website HowStuffWorks to Blucora Inc. for $45 million.
Business Unemployment rates fall in 21 states last month Unemployment rates fall in 21 states last month
More than two-thirds of the states reported job gains in March, as hiring has improved for much of the country during what has been a sluggish but sustained 4 1/2-year recovery.
Business Venture investments highest since 2001 Venture investments highest since 2001
Funding for U.S. startup companies soared 57 percent in the first quarter to a level not seen since 2001, as venture capitalists piled more money into a growing number of deals, according to a report due out Friday.
Business Advice to Democrats: Don't say 'recovery' Advice to Democrats: Don't say 'recovery'
Election-year memo to Democratic candidates: Don't talk about the economic recovery. It's a political loser. So say Democratic strategists in a blunt declaration that such talk skips over "how much trouble people are in."
Business Brewers seek to rekindle Belgium's love of beer Brewers seek to rekindle Belgium's love of beer
Serving local geuze, triples and pils beers for generations, the pub has embodied what the drink means to Belgians. Now, the tables are often empty, a sign of the hard times many pubs have fallen upon as Belgians have stopped drinking beer like they used to.
Business China says one-fifth of its farmland is polluted China says one-fifth of its farmland is polluted
Faced with growing public anger about a poisonous environment, China's government released a yearslong study that shows nearly one-fifth of the country's farmland is contaminated with toxic metals.
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.