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  • New Frontier Communications chief named in Conn. Wednesday, 23 Jul 2014 | 12:04 PM ET

    HARTFORD, Conn.— The new chief of Frontier Communications Corp. in Connecticut says the company will increase its broadband service on what previously had been AT&T's footprint in the state as landline telephone business continues to erode.

  • Fortune 500 firm Sealed Air moving HQ to Charlotte Wednesday, 23 Jul 2014 | 9:46 AM ET

    CHARLOTTE, N.C.— Fortune 500 packaging company Sealed Air Corp. will consolidate management operations from several states and relocate its New Jersey headquarters to the Charlotte area, where it plans to employ nearly 1,300 jobs in three years.

  • Former trader gets 2 years in prison for fraud Wednesday, 23 Jul 2014 | 4:02 AM ET

    NEW HAVEN, Conn.— A federal judge sentenced a former Wall Street trader to two years in prison on Wednesday for securities fraud, saying he took advantage of a government bailout program. The judge also fined Jesse Litvak $1.75 million.

  • Beretta: Gun law forcing move out of Maryland Tuesday, 22 Jul 2014 | 5:53 PM ET

    ACCOKEEK, Md.— Beretta U.S.A. announced Tuesday that company concerns over a strict gun-control law enacted in Maryland last year have made it necessary to move its weapons making out of the state to Tennessee.

  • UPDATE 8-Oil slips as supplies flow despite conflicts Tuesday, 22 Jul 2014 | 4:09 PM ET

    NEW YORK, July 22- Brent and U.S. crude settled lower after a choppy trading session on Tuesday as oil supplies remained unaffected by continuing violence in Iraq, Ukraine and Gaza. The European Union threatened Russia on Tuesday with harsher sanctions over Ukraine that could inflict wider damage on its economy following the downing of a Malaysian airliner.

  • NEW YORK, July 22- Brent and U.S. crude edged lower in choppy trading on Tuesday as oil supplies remained unaffected by continuing violence in Iraq, Ukraine and Gaza.

  • Judge nixes lawsuit over Empire State Building IPO Tuesday, 22 Jul 2014 | 12:15 PM ET

    NEW YORK— Thousands of onetime investors in the Empire State Building can't sue over claims they were shortchanged by the deal that turned the iconic skyscraper into a public stock, a judge has ruled.

  • NEW YORK, July 22 (Reuters)- Brent crude oil futures edged higher in choppy trading on Tuesday, as traders searched for direction amidst political tensions in Ukraine and Gaza, and U.S. prices were supported by expectations of a drop in national stockpiles.

  • *U.S. accuses Russia of complicity in shooting down flight MH17. NEW YORK, July 21- Oil prices rose on Monday as the threat of escalating tension between Russia and the West over the crisis in Ukraine mounted, while August U.S. crude zoomed higher prior to its expiry.

  • Pennsylvania sees 3rd rating downgrade in 2 years Monday, 21 Jul 2014 | 3:36 PM ET

    HARRISBURG, Pa.— Pennsylvania received its third bond downgrade in two years Monday, after Gov.

  • U.S. accuses Russia of complicity in shooting down flight MH17. *New European sanctions on Russia may heighten oil risk premium. NEW YORK, July 21- Oil prices rose on Monday as the threat of escalating tension between Russia and the West mounted, while August U.S. crude zoomed higher prior to its expiry.

  • *U.S. accuses Russia of complicity in shooting down flight MH17. *New European sanctions on Russia may heighten oil risk premium. NEW YORK, July 21- Oil prices rose on Monday as the threat grew of escalating tension between Russia and the West, while August U.S. crude zoomed higher prior to its expiry.

  • NEW YORK, July 21- U.S. crude pared gains Monday as President Barack Obama spoke about addressing violence in Ukraine which has heightened the geopolitical risk premium. Investors remained on edge Monday, keeping an eye on the crisis between Moscow and the West after the downing of a civilian airliner in Ukraine pushed up oil prices last week.

  • Atlantic City doomed by glut of casinos in region Sunday, 20 Jul 2014 | 9:57 AM ET

    ATLANTIC CITY, N.J.— The rapid disintegration of Atlantic City's casino market might be an early indicator of what could happen in other parts of the country that have too many casinos and not enough gamblers. James Whelan, a former Atlantic City mayor.

  • Private jet recovery from recession an uneven ride Sunday, 20 Jul 2014 | 8:56 AM ET

    HARTFORD, Connecticut— Private jet sales are rising again, climbing out of a deep recession when the company plane was an easy target for spending cuts. The chief executive of General Dynamics Corp., maker of Gulfstream jets, says corporate customers are back and wealth creation is bringing out shoppers for private jets.

  • US states with higher minimum wages gain more jobs Saturday, 19 Jul 2014 | 3:01 AM ET

    A Congressional Budget Office report earlier this year lent some support for that view. It found that a minimum wage of $10.10 an hour, as President Obama supports, could cost 500,000 jobs nationwide.

  • NEW YORK, July 18- Volatility spiked on Thursday after the tragedy of a downed civilian jetliner in Ukraine and the mounting death toll in Gaza and Israel interrupted the summer trading slumber.

  • NEW YORK, July 18- Oil prices eased in thin trade on Friday but notched their first weekly gain in a month due to heightened geopolitical risk after the downing of a Malaysian jetliner over eastern Ukraine and as Israeli ground troops advanced into Gaza.

  • NEW YORK, July 18- Brent and U.S. crude eased at midday on Friday after sharp gains sparked by heightened geopolitical risk from the downing of a Malaysian jetliner over eastern Ukraine and as Israeli ground troops advanced into Gaza.

  • Ranking US states by job creation in past 5 years Friday, 18 Jul 2014 | 11:06 AM ET

    WASHINGTON— Since the Great Recession officially ended in June 2009, the U.S. economy has generated 7.8 million jobs. North Dakota, benefiting from an oil and gas drilling boom, has created nearly 98,000 jobs over the past five years, a 27 percent increase-- by far the best in the country.