Business

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.
Business Citigroup's earnings edge higher in first quarter Citigroup's earnings edge higher in first quarter
Citigroup's its first-quarter earnings rose as the bank got a boost from declines in expenses and provisions for bad loans. The earnings improved even as revenue from mortgage refinancing and bond trading fell.
Business Uber meets local lookalikes in Asia taxi-app wars Uber meets local lookalikes in Asia taxi-app wars
Riding on its startup success and flush with fresh capital, taxi-hailing smartphone app Uber is making a big push into Asia. There's a twist, though: Instead of being the game-changing phenomena it was in the U.S., Uber faces a slew of competitors using similar technology.
Business A guide through the complexities of 401(k) fees
Most fees -more than 80 percent of them - are covered by a plan's "expense ratio." The expense ratio includes recurring fees you're charged when you invest in a fund. The ratio is disclosed in a document - form 404(a)(5) - sent annually to participants in 401(k) plans.
Business Finance officials express hopes for growth
The world's top finance officials say the global economy is recovering, and they're hopeful that well-run economic programs will avoid the risks that threaten that rebound.
Business GM stock hits 10-month low, under IPO price GM stock hits 10-month low, under IPO price
Shares of General Motors Co. fell to a 10-month low Friday as the company's widening recall crisis put a coveted upgrade of its credit rating in doubt.
Business JPMorgan's first-quarter profit falls 20 percent JPMorgan's first-quarter profit falls 20 percent
JPMorgan Chase, the biggest U.S. bank by assets, said Friday its first-quarter earnings fell 20 percent, driven by a decline in investment banking and mortgage lending.
Business Wells Fargo's earnings rise 14 percent Wells Fargo's earnings rise 14 percent
First-quarter profit for Wells Fargo & Co., the biggest U.S. mortgage lender, surged 14 percent in the latest quarter as the bank continued to trim its losses on soured loans.
Business Amazon's Bezos offers update on drone deliveries Amazon's Bezos offers update on drone deliveries
CEO Jeff Bezos' annual letter to shareholders offers a glimpse into Amazon's internal workings and what it is aiming for in the future, including more grocery services and the much-discussed drone delivery.
Business Airlines' on-time record took a beating in Feb. Airlines' on-time record took a beating in Feb.
The bad news for travelers is that U.S. airlines posted terrible on-time numbers and record cancelations in February, as winter storms fouled operations at several large airports.
Business Another profitable quarter, Rite Aid breaks out Another profitable quarter, Rite Aid breaks out
Rite Aid has left the recovery ward and appears ready to break into a sprint after booking its sixth straight quarterly profit and making a deal to strengthen the drugstore chain's foothold in the burgeoning health clinic market.
Business EBay, Icahn settle proxy fight EBay, Icahn settle proxy fight
Ebay and billionaire activist investor Carl Icahn have settled their proxy fight ahead of the company's annual meeting.
Business GOP derails gender pay gap bill in Senate GOP derails gender pay gap bill in Senate
Senate Republicans derailed a Democratic bill Wednesday curbing paycheck discrimination against women, an effort that even in defeat Democrats hoped would pay political dividends in this fall's congressional elections.