GO
Loading...

North America

More

  • Michigan's unemployment rate shows seasonal rise Thursday, 24 Jul 2014 | 3:48 PM ET

    LANSING, Mich.— Michigan authorities say the state experienced a typical seasonal increase in unemployment in the latest month. The department says June's unemployment rates ranged from a low of 5.7 percent in the Ann Arbor and Grand Rapids regions to a high of 9.2 percent in populous metropolitan Detroit.

  • FDA reviewing what could be first biosimilar drug Thursday, 24 Jul 2014 | 3:41 PM ET

    Five years after Congress passed a law allowing biosimilars, for the first time the FDA has accepted an application to sell a similar, but not identical, version of a biologic drug.

  • By a 2-1 vote, a panel of the 11th U.S. Circuit Court of Appeals in Miami said on Thursday that U.S. courts lack power to review the claims because all relevant conduct took place outside the country and Chiquita's mere presence in the United States did not confer jurisdiction.

  • Airlines report big 2Q profits on strong demand Thursday, 24 Jul 2014 | 3:18 PM ET

    American Airlines announced Thursday that it would pay its first dividend in 34 years, and both American and United Airlines announced big plans to buy back their own stock, a strategy designed to boost the value of remaining shares.

  • WASHINGTON/ FRANKFURT, July 23- After injecting trillions of dollars into the global financial system over the last six years, the world's central bankers now face a vexing question: why is so little of it showing up in workers' paychecks?

  • NEW YORK, July 24- In the days after its infamously mishandled initial public offering in May 2012, it looked as if Facebook would struggle to become a must-own for fund managers.

  • *U.S. stocks edge up along with MSCI world index. "The lower-than-expected U.S. initial jobless claims has made people focus on the improving labor market situation," said Ian Lyngen, senior government bond strategist, at CRT Capital in Stamford, Connecticut.

  • Across US job market, layoffs are becoming rare Thursday, 24 Jul 2014 | 2:56 PM ET

    WASHINGTON— The risk of losing your job is getting smaller and smaller. As the U.S. economy has improved and employers have regained confidence, companies have been steadily shedding fewer workers.

  • US STOCKS-Wall St flat as Caterpillar offsets Facebook Thursday, 24 Jul 2014 | 2:49 PM ET

    *Caterpillar weighs on Dow, Facebook hits record on results. NEW YORK, July 24- U.S. stocks barely budged on Thursday as corporate earnings painted a mixed picture of the economy, though the S&P 500 eked out a record intraday high for the third straight session.

  • NEW YORK, July 24- A mobile app from a law enforcement technology firm could soon allow emergency responders from different agencies to communicate seamlessly with each other in a crisis for the first time, sharing files and conducting impromptu conference calls. The app works on devices running on Google Inc's Android and Apple Inc's iOS operating system.

  • US issues 186 mining citations in June Thursday, 24 Jul 2014 | 2:40 PM ET

    MSHA cited as examples Thursday coal mines in Virginia and West Virginia. Twenty-five citations were issued at the Dickenson-Russell Coal Co. LLC's Cherokee Mine in Dickenson County, Virginia. The West Virginia inspection occurred at Rhino Eastern LLC's Eagle Mine 3 in Wyoming County.

  • PORTLAND, Ore., July 24- An Oregon citizens' initiative that would require labeling of foods made with genetically modified ingredients has garnered more than enough signatures to gain a spot on the state's November ballot, a state government spokesman said on Thursday. "It cleared easily," said Tony Green, a spokesman for the Oregon Secretary of State's Office.

  • Reversing a lower court ruling, the 2nd U.S. Circuit Court of Appeals in New York said the FDA was empowered to reject two citizen challenges to its policy, which discourages but does not ban the use of penicillin and some tetracyclines in feed for chickens, cows and pigs, even if they are not sick.

  • United Continental Holdings also said it would repurchase $1 billion in stock. Delta Air Lines resumed a dividend and buyback last year and Southwest Airlines also pays dividends. Among the smaller carriers, Alaska Air Group pays a dividend.

  • *Washington has concerns about Kurdish sales, Iraq split. A sale of Kurdish crude oil to a U.S. refinery would infuriate Baghdad, which sees such deals as smuggling, and raises questions about Washington's commitment to preventing oil sales from the autonomous region.

  • WASHINGTON, July 24- Gas-rich states such as Texas should have the easiest time complying with planned Environmental Protection Agency regulations on carbon pollution from power plants, despite opposition from their lawmakers, a new study says.

  • Bombardier restructuring cuts 1,800 jobs globally Thursday, 24 Jul 2014 | 2:06 PM ET

    WICHITA, Kan.— Airplane maker Bombardier Inc. is cutting 1,800 jobs across facilities worldwide as it restructures operations. Spokeswoman Isabelle Rondeau with the Montreal- based company said Thursday that Bombardier plans to reorganize the company into four business segments before Jan. 1.

  • Neonic insecticides widespread in Iowa waters -study Thursday, 24 Jul 2014 | 2:06 PM ET

    Midwest but feared as a factor in the decline of U.S. honey bee colonies and other crop pollinators, has been found to be widespread through rivers and streams in Iowa, according to a government study released on Thursday.

  • Charles Schwab to add 1,200 jobs in Texas Thursday, 24 Jul 2014 | 1:58 PM ET

    AUSTIN, Texas— Charles Schwab Corp. is getting nearly $6 million in incentives from Texas to open an El Paso operations center and increase its presence in Austin, creating more than 1,200 jobs.

  • WASHINGTON, July 24- The number of Americans filing new claims for unemployment benefits fell to the lowest level in nearly 8-1/ 2 years last week, suggesting the labor market recovery was gaining traction. "The economy is doing better," said Ryan Sweet, a senior economist at Moody's Analytics in West Chester, Pennsylvania.