Business News

Business Microsoft CEO sees 'bold' plan as 4Q tops Street(New) Microsoft CEO sees 'bold' plan as 4Q tops Street
Microsoft Corp. CEO Satya Nadella painted an upbeat vision of the future Tuesday, saying that the next version of Windows will be unified across screens of all sizes and that two money-losing units - Nokia phones and Bing search - would become profitable in 2016.
Business Billionaire calls for 3-day work week Billionaire calls for 3-day work week
One of the world's wealthiest men, Mexican billionaire Carlos Slim, is making an argument for a three-day work week, saying it could help people balance their work and home lives.
Business U.S. home sales increase 2.6 percent in June U.S. home sales increase 2.6 percent in June
Sales of previously owned homes rose for a third straight month in June, pushing activity to the highest level in eight months and providing evidence that housing is regaining lost momentum.
Business U.S. consumer prices up 0.3 percent in June U.S. consumer prices up 0.3 percent in June
U.S. consumer prices rose in June at a slightly slower pace than in May with two-thirds of the June advance driven by the largest jump in gasoline prices in a year.
Business U.S. companies report rising sales, employment in 2nd quarter U.S. companies report rising sales, employment in 2nd quarter
Rising sales helped boost hiring and wages at U.S. businesses in the second quarter, and companies are optimistic that the trends will continue this fall, according to a new survey by the National Association for Business Economics.
Business McDonald's, KFC in China face new food scandal McDonald's, KFC in China face new food scandal
McDonald's and KFC in China faced a new food safety scare Monday after a Shanghai television station reported a supplier sold them expired beef and chicken.
Business Study says national parks boost economy in West
National parks and monuments boosted the economies of surrounding communities in Wyoming, Montana and Idaho by a combined $1.15 billion last year, according to a new study.
Business Gauge of US economy rises 0.3 percent in June
A gauge designed to predict the economy's future health increased in June for a fifth consecutive month, supporting the view that economic growth should accelerate in the second half of this year.
Business China's clout on show with BRICS bank formation
A developing nation version of the World Bank was formally agreed this week two years after India proposed the idea to Brazil, Russia, China and South Africa. Yet even as the five governments hailed its formation, there were questions about whether four of them might simply be paying to move from U.S. financial hegemony to dominance by another economic superpower: China.
Business US home construction drops 9.3 percent in June US home construction drops 9.3 percent in June
U.S. home construction fell in June to the slowest pace in nine months, a setback to hopes that housing is regaining momentum and will boost economic growth this year.