Business News

Business Gas to average under $3 in 2015, government says Gas to average under $3 in 2015, government says
The Energy Department now predicts the average price of gasoline will be below $3 a gallon in 2015. The dramatically lower estimate will save U.S. consumers and the economy more than $60 billion if it holds true.
Business Medical marijuana patient sues after firm won't hire her Medical marijuana patient sues after firm won't hire her
A graduate student has sued a textile company for refusing to hire her for a two-month internship because she uses medical marijuana to treat frequent and debilitating migraine headaches, a decision her lawyer calls discrimination.
Business Macy's cuts outlook in sign of discounts to come Macy's cuts outlook in sign of discounts to come
Macy's cut its profit outlook after a sales shortfall in its latest quarter, suggesting that shoppers can expect another discount-laden holiday shopping season.
Business U.S. wholesale stockpiles up 0.3 percent U.S. wholesale stockpiles up 0.3 percent
U.S. wholesale businesses posted a modest gain in their stockpiles in September as sales rebounded from a big decline the previous month.
Business Berkshire's earnings down 9 percent from year ago Berkshire's earnings down 9 percent from year ago
Warren Buffett's Berkshire Hathaway reported a 9 percent drop in third-quarter profit versus the same period a year ago, when the company had large investment gains.
Business In socialist Venezuela, a Barbie doll for the masses In socialist Venezuela, a Barbie doll for the masses
Mothers, grandmothers and beaming little girls are grabbing armfuls of the dolls in toy stores across Caracas, taking advantage of the government's order that large chains sell the plastic figurines at fire-sale prices during the holiday shopping season.
Business Largest U.S. business delegation ever visits Egypt Largest U.S. business delegation ever visits Egypt
Representatives from over 60 U.S. companies wrapped up Tuesday a two-day visit to Egypt described as the largest such delegation in history that aimed to explore potential businesses to boost the country's ailing economy.
Business Gas prices continue to drop in US Gas prices continue to drop in US (Video)
In the Lower 48 states, San Francisco had the highest average price at $3.27 per gallon, while Memphis, Tennessee, had the lowest average at $2.65.
Business Escaping the wealth gap can mean fleeing hometowns Escaping the wealth gap can mean fleeing hometowns
The flow of educated workers from struggling communities to areas with brighter job opportunities might, to some extent, help shore up the U.S. middle class, which has been squeezed by a widening gap between the richest Americans and everyone else.