Trucking and logistics company J.B. Hunt Transport Services Inc. said Thursday that its third-quarter profit rose almost 14 percent, as a decline in its trucking business was offset by growth in other areas.
Oct. 11 (Bloomberg) -- Tesla Motors Inc., the maker of electric cars led by Elon Musk, received a $10 million grant from California to buy assembly equipment and add 500 workers to build a rechargeable sport-utility vehicle in the state.
“You only get one shot,” hip-hop artist Eminem rapped on the lead track for “8 Mile,” his 2002 film. It turns out Chrysler Group LLC is giving the Detroiter another chance to tout its product -- this time on a nameplate.
Wendy's pigtails are getting a tweak.
Fewer Americans than forecast filed first-time claims for unemployment benefits last week, which may reflect difficulty adjusting the data for seasonal swings at the start of a quarter.
The market closed roughly flat Thursday, underwhelmed by encouraging jobs news but unrattled by worrisome developments in the global economy.
Oct. 11 (Bloomberg) -- Oil advanced after the fewest number of Americans in four years filed first-time applications for unemployment benefits and on concern that tension between Syria and Turkey will disrupt shipments from the Middle East.
As Roger Federer and Novak Djokovic battled for the title at the Western & Southern Open north of Cincinnati, a small plane buzzed overhead, trailing a banner calling the sponsor a bunch of bullies.
Shares of real estate services provider Realogy Holdings Corp., whose brands include Century 21, Coldwell Banker and The Corcoran Group, soared more than 25 percent in their first day of trading on the New York Stock Exchange.
Average U.S. rates on fixed mortgages ticked up from record lows last week.
California, the state that led the United States into the housing boom and bust with some of the most reckless subprime mortgage lending, is now leading the way out.
On a national level, overall foreclosure filings last month -- including home repossessions -- fell 7 percent from August and 16 percent from September 2011.
I didn’t go looking for the kid. He found me. Of course, it stood to reason, with what’s been happening on Wall Street, that the children of Greenwich, Conn., must be taking a serious financial hit.
Oct. 11 (Bloomberg) -- Samsung Electronics Co., the world’s largest mobile-phone maker, won its bid to continue selling its newest Galaxy Nexus smartphone in the U.S. while it battles patent-infringement claims filed by Apple Inc.
Democrat Joe Biden and Republican Paul Ryan pull up a couple of chairs for a vice presidential debate that has mushroomed in importance since Mitt Romney's strong showing in the first presidential faceoff. This time, it's the Obama team looking to put the brakes on the other guy's momentum.
A surprisingly big drop in weekly U.S. jobless claims helped shore up financial markets Thursday despite a downgrade of Spain's sovereign credit rating.
Sprint Nextel Corp. says that it is talking with the Japanese cellphone company Softbank about making a potential substantial investment in the U.S. company.
Oct. 11 (Bloomberg) -- Fewer Americans than forecast filed first-time claims for unemployment benefits last week, which may reflect difficulty adjusting the data for seasonal swings at the start of a new quarter.
Oct. 11 (Bloomberg) -- The U.S. trade deficit widened in August as slower global growth reduced demand for American exports.
Oct. 11 (Bloomberg) -- Oil advanced in New York amid concern that escalating tensions between Syria and Turkey may disrupt supplies from the Middle East. Brent’s premium to West Texas Intermediate crude widened to the most in almost a year.
Mitt Romney's plan to help people with pre-existing medical conditions: hang on to your health insurance if you want to be protected.
The Spanish government's dilemma over whether to request a European bailout has become more acute following a downgrade of the cash-strapped country's credit rating.
Oct. 11 (Bloomberg) -- Obesity treatments, life-saving antibiotics and other drugs deemed to offer societal benefit despite their risks may get speedier U.S. approvals under plans being discussed to better balance innovation and safety.
Oct. 11 (Bloomberg) -- Entergy Corp. and Duke Energy Corp. boosted output by 842 megawatts at two nuclear reactors in the U.S. after finishing refueling and maintenance work, boosting the nation’s output to 81 percent of capacity.
The McGraw-Hill Companies Inc. said Thursday that its Platts division is buying Swiss analytics firm Kingsman SA for an undisclosed price.
American Airlines says it will cut passenger-carrying capacity by 1 percent in the first half of November as it tries to recover from widespread delays and a spike in cancelations.
Oct. 11 (Bloomberg) -- Toyota Motor Corp. first learned in 2008 about a defect in power-window switches that yesterday prompted it to recall 7.43 million vehicles worldwide for fire hazards, according to documents filed with U.S. regulators.
Oct. 11 (Bloomberg) -- Royal Bank of Scotland Group Plc, Britain’s biggest government-owned lender, raised 787 million pounds ($1.3 billion) in an initial public offering of its insurance unit forced by European Union regulators.
Cantel Medical Corp. said Thursday its net income more than doubled in the fiscal fourth quarter, helped by a tax benefit and stronger results from its endoscopy and water filtration units.
Oct. 11 (Bloomberg) -- Shutterstock Inc., a marketplace for digital images, gained as much as 35 percent in its first day of trading after raising $76.5 million in an initial public offering that sold above the proposed price range.
The hot trend in banking now: Betting which one will be next to get sued.
Oct. 11 (Bloomberg) -- Protesters paralyzing construction of Brazil’s biggest hydroelectric project are demanding a 10 percent stake in profits from the sale of energy.
GE Aviation will begin taking applications Nov. 5 for its new Ellisville, Miss., composites factory.
Oct. 11 (Bloomberg) -- Realogy Holdings Corp., the real estate brokerage company controlled by Apollo Global Management LLC, rose as much as 29 percent in its first day of trading as investors bet on a housing recovery.
Unemployment in Greece hit a record high of 25.1 percent in July as the country's financial crisis continues to exact its heavy toll, official figures showed Thursday.
It's a shopper's nightmare: Buying something, then seeing it cheaper at another store. Thanks to price-comparison apps, there's no need to guess if you're getting the lowest price.
Oct. 11 (Bloomberg) -- Quest Diagnostics Inc., the biggest U.S. operator of medical labs, said it will eliminate as many as 600 management positions as the company restructures into two business groups.
Oct. 11 (Bloomberg) -- Walt Disney Co. asked the U.S. Federal Communications Commission for permission to use electronic wristbands that can track customers’ activity at its parks, a feature that may further its plans to tailor guest visits.
When the space shuttle Endeavour weaves through working-class communities on its way to its retirement home, Hildreth “Hal” Walker Jr. wants the children he tutors to remember a few names: Ronald McNair. Mae Jemison. Charles Bolden.
Oct. 11 (Bloomberg) -- Softbank Corp.’s potential bid for a majority stake in Sprint Nextel Corp. is seen by lawyers and analysts as one that will probably face, and survive, reviews by U.S. national security and antitrust officials.
Oct. 11 (Bloomberg) -- The dollar weakened before data forecast to show U.S. unemployment claims rose last week and as speculation Spain will seek a sovereign bailout eased demand for the currency as a haven.
Oct. 11 (Bloomberg) -- Ford Motor Co.’s board is discussing how to replace Chief Executive Officer Alan Mulally at its monthly meeting today, according to a person familiar with the discussions.
There's not much good news for investors. The outlook for the global economy is worsening and U.S. corporate profits are starting to shrink.
Shares of Advanced Micro Devices Inc. fell nearly 8 percent in after-hours trading Thursday after the chipmaker said third-quarter revenue will fall about 10 percent compared to the second quarter because of weaker-than-expected demand across all of its products.
Japan's finance minister says Tokyo will press ahead with restoring full development aid to Myanmar while working to clear its mountains of unpaid debt.
Oct. 11 (Bloomberg) -- U.S. stock-index futures advanced, indicating the benchmark Standard & Poor’s 500 Index will snap four days of declines, after Citigroup Inc. upgraded U.S. equities and predicted a global rally through the end of 2013.
The head of the International Monetary Fund on Thursday called for urgent action to tackle Europe's debt problems and an approaching fiscal crisis in the U.S., warning that the struggling world economy is already falling short of even pessimistic expectations.
Europe's economic outlook darkened further Thursday when top economists slashed their growth forecasts for Germany and warned that public support for financial aid for struggling countries was evaporating.
Oct. 11 (Bloomberg) -- Boeing Co. won an order for 50 narrow-body 737 jets, with a catalog value of about $5 billion, to refresh Alaska Air Group Inc.’s mainline fleet.
Oct. 11 (Bloomberg) -- A gauge of U.S. corporate credit risk fell for the first time in five days as yields on Italian bonds declined following a debt sale.
The U.S. trade deficit widened in August as exports fell to the lowest level in six months, a worrisome sign that a slowing global economy is cutting into demand for U.S. goods.
The number of Americans seeking unemployment aid plummeted to 339,000 last week, the lowest level in more than four years. The sharp drop offered a hopeful sign that the job market could pick up.
Shares of Shutterstock jumped nearly 30 percent in their first hours of trading, after the Internet provider of stock photos and videos raised $76.5 million in its initial public stock offering.
Chinese writer Mo Yan won the Nobel Prize in literature on Thursday, a cause of pride for a government that had disowned the only previous Chinese winner of the award, an exiled critic.
Oct. 11 (Bloomberg) -- Consumer confidence in the U.S. stayed near a three-month high last week, with more Americans saying it was a good time to make purchases even as they grew more pessimistic about the economy.
Kansas home sales rebounded this year and are forecast to rise another 6.3 percent in 2013 as the economy improves and pent-up demand brings buyers back into the housing market, economic researchers at Wichita State University said Thursday.
Cases of people being forcibly evicted from their homes and land have risen significantly in China, becoming the single greatest source of public discontent and a serious threat to the country's social and political stability, Amnesty International said Thursday.
Mexican drug cartels are quietly filling the void in the nation's drug market created by the long effort to crack down on American-made methamphetamine, flooding U.S. cities with exceptionally cheap, extraordinarily potent meth from factory-like “superlabs.”
Oct. 11 (Bloomberg) -- To win, say “growth.” That’s the takeaway from a survey of past presidential debates.
Oct. 11 (Bloomberg) -- It’s a bright, clear day as I pull into the parking lot of an antique shop in Upstate New York. I’m in a new 2013 Mercedes-Benz SL roadster.
Oct. 11 (Bloomberg) -- A Pablo Picasso painting priced at $8.5 million was among early sales as billionaires browsed London’s biggest Frieze Week.
U.S. drones fired four missiles at a compound of a Pakistani militant commander in a northwestern tribal region on Thursday, killing 16 militants, while a pair of bombings in another part of the country killed 10 civilians and three security personnel, officials said.
Vice President Joe Biden must be everything President Barack Obama was not: energetic, aggressive and concise. Rep. Paul Ryan must meet the moment and keep things going Mitt Romney's way. And voters must figure out whether an evening with the running mates even matters to them at all.
The latest attempt by airlines to raise fares appears to be collapsing.