WASHINGTON (AP) - Superstorm Sandy packed a bigger economic punch than most people had thought.
PLEASANTON (AP) - Ross Stores Inc. said Thursday that its revenue at stores open at least a year rose 2 percent in November, missing Wall Street expectations.
NEW YORK (AP) - Optimism that a budget deal will be reached in Washington sent stocks modestly higher Thursday. A pair of economic reports also brightened the mood.
NEW YORK (AP) - Black Friday was no match for Superstorm Sandy. Major retailers from Target to Macy's reported weak November sales as the strong start to the holiday shopping season - including a good showing on the day after Thanksgiving - wasn't enough to fully offset the damage caused by Sandy earlier in the month. The storm stunted enthusiasm among shoppers during the first couple of weeks of November just as stores were preparing ...
The Los Angeles Auto Show opens to the public Friday. Here are some of the most talked-about vehicles that will be making their world debuts at the event:
• Drought threatens to close Mississippi to barges: ST. LOUIS (AP) - After months of drought, companies that ship grain and other goods down the Mississippi River are being haunted by a potential nightmare: If water levels fall too low, the nation's main inland waterway could become impassable to barges just as the harvest heads to market.
WASHINGTON (AP) - A pickup in consumer spending and steady home sales helped lift economic growth from October through early November in most parts of the United States, according to a Federal Reserve survey released Wednesday. The one exception was the Northeast, which was slowed by Superstorm Sandy.
WASHINGTON (AP) - The Obama administration put a stop to new federal contracts with BP on Wednesday, admonishing the British oil company for a "lack of business integrity" and also disqualifying it indefinitely from winning new leases to drill on taxpayer-owned lands.
NEW YORK (AP) - TJX Cos. is hoping to stand out with a different twist on customer service. The Framingham, Mass.-based company, is launching its first-ever holiday gift hotline for its TJ Maxx and Marshall stores. The hotline will kick off on Dec. 3 and be live for four days until Dec. 6. A panel of 14 experts, who were selected not only for their fashion expertise but also for being fans of the brand, ...
PLANO, Texas (AP) - J.C. Penney Mike Ullman seems confident the slumping retailer will bounce back during the holiday shopping season. Ullman showed his faith by buying 112,000 shares at $8.95 apiece at the end of last week. The $1 million investment disclosed Monday comes as Ullman tries to snap Penney out of a funk that has seen the Plano, Texas, company lose more than $2.4 billion since late 2011. The financial misery prompted Penny ...
WASHINGTON (AP) - The Food and Drug Administration is lifting severe safety restrictions on the former blockbuster diabetes pill Avandia, citing recent data suggesting that the much-debated medication does not increase the risk of heart attack.
WASHINGTON (AP) - The Obama administration said Friday it will lose $139 million on a loan to struggling electric car maker Fisker Automotive Inc. after selling part of the loan to a private investor that immediately took the company into bankruptcy.
NEW YORK (AP) - J.C. Penney is getting booted from the Standard & Poor's 500 index after losing more than half of its market value this year.
NEW YORK (AP) - Target Corp.'s third-quarter profit dropped 47 percent, stung by a double whammy: a pullback from U.S. shoppers and costs related to its expansion into Canada
NEW YORK (AP) - Technology experts say healing what ails the Healthcare.gov website will be a tougher task than the Obama administration acknowledges.
Jury orders Samsung to pay Apple $290 million