Business News

KDWN

3 days ago

US durable goods orders up, but business investment slips

WASHINGTON (AP) — Orders to U.S. factories for long-lasting manufactured goods rose in April by the most since January. But much of the strength came from a surge in the volatile category of commercial aircraft. A key category that tracks business investment fell for a third straight month, a sign that manufacturing remains under stress….

KDWN

3 days ago

Applications for US unemployment benefits fell last week

WASHINGTON (AP) — Fewer people sought unemployment aid last week for the second week in a row, the latest evidence that hiring is likely solid….

KDWN

3 days ago

CEO pay in 2015: When a $468,449 raise is typical

NEW YORK (AP) — CEOs at the biggest companies got a 4.5 percent pay raise last year. That's almost double the typical American worker's, and a lot more than investors earned from owning their stocks – a big fat zero….

KDWN

4 days ago

Computer Sciences and Sanofi rise; Express and Alibaba fall

NEW YORK (AP) — Stocks that moved substantially or traded heavily Wednesday:…

KDWN

4 days ago

Markets Right Now: Stocks end solidly higher on Wall Street

NEW YORK (AP) — The Latest on developments in global financial markets (all times local):…

KDWN

4 days ago

Exxon, Chevron shareholders reject climate resolutions

DALLAS (AP) — Shareholders at Exxon Mobil and Chevron rejected resolutions backed by environmentalists that would have pushed the companies to take stronger stands in favor of limiting climate change….

KDWN

4 days ago

Energy companies lead the way as US stocks keep rising

NEW YORK (AP) — U.S. stocks are continuing to climb Wednesday as energy companies rise with the price of oil. Mining and chemical companies are trading higher and banks continue to climb. Hewlett Packard Enterprise agreed to sell a business to Computer Sciences, and both stocks are jumping….

KDWN

4 days ago

Most American households doing better financially

WASHINGTON (AP) — Most American households say their finances have strengthened slightly, but nearly half report that they would struggle to meet $400 in expenses from an unexpected emergency….

KDWN

4 days ago

What to know about long lines at airport security

NEW YORK (AP) — Fliers should brace for long waits at airport security over the holiday weekend. In recent weeks, some major airports saw wait times exceeding 90 minutes at peak hours, and passengers missed flights waiting to get through security….

KDWN

4 days ago

Exxon shareholders reject climate-change resolutions

DALLAS (AP) — Shareholders at Exxon's annual meeting rejected several resolutions backed by environmentalists that would have pushed the company to take a stronger stand in favor of steps to limit climate change….