Business News

Business Durable goods orders retreat again in May Durable goods orders retreat again in May
Orders to U.S. factories for long-lasting manufactured goods fell in May, pulled down by a sharp drop in demand for aircraft. But a category that reflects business investment rose last month, a hopeful sign for manufacturing.
Business Airline checked bag, reservation change fees set 1Q record Airline checked bag, reservation change fees set 1Q record
U.S. airlines continue to collect record fees from passengers who check suitcases or make changes to their reservations. In the first three months of this year, airlines took in $1.6 billion in such fees, up 7.4 percent from the same period last year.
Business California Legislature approves compromise $115.4B budget California Legislature approves compromise $115.4B budget
California lawmakers on Friday passed a compromise budget to meet Gov. Jerry Brown's demands for restrained spending, even as the package sends billions more to public schools and increases spending on health care and social services.