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Archive: (19 Stories)

Factory growth slows only slightly in Philly area

10/17/2013 9:06am
A survey showed manufacturing growth in the Philadelphia region slowed only slightly this month, suggesting the 16-day partial government shutdown had less impact on U.S. factories than many had feared.

News Summary: US rate on 30-year mortgage 4.28 pct

10/17/2013 9:20am
RATES RISE SLIGHTLY: Average U.S. rates on fixed mortgages rose slightly this week, staying near three-month lows.

Treasury moves to resume normal borrowing

10/17/2013 9:38am
The Treasury Department is rolling back the extraordinary measures it's used since May to keep the government from breaching the debt limit.

News Summary: Nestle 9-month sales up 4 percent

10/17/2013 10:25am
SALES BUMP: Nestle, the world's biggest food and drink company, posted a 4 percent rise in sales for the first nine months of 2013, mainly thanks to demand from emerging markets.

News Summary: Vietnam presses nuclear plans

10/17/2013 10:38am
POWER PLANTS: Vietnam is pressing ahead with its civilian nuclear energy program despite safety fears over the technology following the 2011 Fukushima disaster. Facing an energy crunch, Vietnam wants to build seven nuclear plants in the coming years.

News Summary: Mauritania, Haiti top slavery index

10/17/2013 10:40am
GRIM RANKINGS: Mauritania, Haiti and Pakistan top rankings of countries with the highest prevalence of modern slavery, according to a new global index released Thursday by an anti-slavery charity.

News Summary: Demographics remake US taste buds

10/17/2013 10:59am
SHIFTING SPICE: As immigrant and minority populations rewrite American demographics, the nation's collective menu is reflecting this flux.

Nestle sees modest sales growth so far in 2013

10/17/2013 11:46am
Nestle, the world's biggest food and drink company, posted Thursday a 4 percent rise in sales for the first nine months of 2013, mainly thanks to demand from emerging markets.

Toyota recalls 803K US vehicles for air bag defect

10/17/2013 12:36pm
Toyota is recalling 803,000 vehicles in the U.S. because their air bags or power steering could stop working.

Federal workers back to work after 16-day shutdown

10/17/2013 12:51pm
Barriers are coming down at federal memorials and National Park Service sites, and thousands of relieved but wary federal workers have returned to work across the country.

For US, shutdown embarrasses but damage won't last

10/17/2013 1:19pm
It's going to take a lot more political bungling to do any permanent damage to America's reputation or wreck its financial markets.

News Summary: Union Pacific 3Q profit up 10 pct

10/17/2013 1:47pm
FREIGHT FORTUNES: Union Pacific reported net income of $1.15 billion, or $2.48 per share, in the third quarter. That's 10 percent higher than last year because higher rates offset flat volume.

Low interest rates to keep income funds in demand

10/17/2013 1:54pm
Interest rates are unlikely to rise anytime soon.

American Airlines' parent earns $289 million in 3Q

10/17/2013 2:42pm
After years of losses, American Airlines is making money by boosting revenue and cutting labor costs.

US gov't to release September jobs report Oct. 22

10/17/2013 2:56pm
The U.S. Labor Department will release the September employment report on Tuesday now that Congress has reopened the government. The report had been delayed 2 1/2 weeks because of the partial government shutdown.

How gov't shutdown squeezed corners of US economy

10/17/2013 3:12pm
The full economic effect of the 16-day partial government shutdown will take months to tally. But it's already clear it left its footprints in key areas of the economy.

Delta restores website and mobile app after outage

10/17/2013 3:25pm
The website for Delta Air Lines Inc. is working again after an outage on Thursday.

Las Vegas Sands beats expectations for 3Q

10/17/2013 3:46pm
Las Vegas Sands Corp. beat Wall Street's expectations with its third-quarter results as record profits in Macau helped make up for continued weakness in Las Vegas.

Belgian firm buying Missouri's Boulevard Brewing

10/17/2013 4:30pm
One of America's largest craft beer makers, Kansas City-based Boulevard Brewing, is being sold to Belgian brewer Duvel Moortgat.