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  • WASHINGTON— If there was one thing most economists agreed on at the start of the year, it was this: Plunging oil prices would boost the U.S. economy. At $2.74 a gallon, the average price of gas nationwide is nearly $1 lower than it was a year ago. Consider what Federal Reserve Chair Janet Yellen said in December: Lower gas prices, Yellen declared, are "certainly good for...

  • Renters appear more satisfied in many pricey US cities Thursday, 21 May 2015 | 12:02 AM ET

    WASHINGTON— High rents are worth it. At least that's the sentiment of apartment dwellers in New York, San Francisco and Washington, who say they're more satisfied living in those cities than do renters in far more affordable areas such as Milwaukee, Albuquerque and Detroit. The finding comes from a survey released Thursday by Apartment List, a San Francisco- based...

  • UPDATE 1-U.S. judge rules RadioShack IP auction was fair Wednesday, 20 May 2015 | 4:13 PM ET

    May 20- A U.S. bankruptcy judge on Wednesday cleared the way for RadioShack Corp to sell its brand name and customer data to a Standard General affiliate for about $26 million, rejecting a competing bidder's claim that the auction process was unfair. Those matters were the last major hurdles to the bankrupt electronics chain's plan to sell its intellectual...

  • WASHINGTON— If there was one thing most economists agreed on at the start of the year, it was this: Plunging oil prices would boost the U.S. economy. At $2.71 a gallon, the average price of gas nationwide is nearly $1 lower than it was a year ago. Consider what Federal Reserve Chair Janet Yellen said in December: Lower gas prices, Yellen declared, are "certainly good for...

  • May 18- TPG Capital LP may have helped its own campaign to go public after pulling Par Pharmaceutical Holdings Inc's IPO. TPG was preparing to begin an IPO investor roadshow for Par Pharmaceutical Holdings before it agreed to sell the generics drugmaker to Endo International Plc for around $8 billion. Founded in 1992 by David Bonderman and James Coulter, San...

  • The bid for Avon that apparently was not Thursday, 14 May 2015 | 12:44 PM ET

    Shares of Avon jumped as much as 20 percent after the takeover offer appeared on the website maintained by the Securities and Exchange Commission, a regulator that oversees stock markets. A company calling itself PTG Capital Partners said in a document filed with the SEC that it would pay $8 billion for Avon, an enormous premium for investors in the cosmetic...

  • NEW YORK, May 14- After 20 years in the oil business, Craig Reed, 62, is thinking about winding down his career just as a second downturn in six years rocks the industry. For him, it is maybe two more projects and then retirement beckons, with a holiday home in Maine that needs work. Industry data show energy firms have cut at least 125,000 jobs worldwide since crude...

  • May 12- TPG Capital LP partner John Marren has a reputation for savvy technology investments and for leading the private equity firm's technology buyouts team. Several companies in TPG's portfolio, including telecommunications equipment company Avaya Inc, chipmaker Freescale Semiconductor Ltd and financial software group SunGard Data Systems Inc, on...

  • US Airways likely to stop flying this fall Tuesday, 12 May 2015 | 2:03 PM ET

    FORT WORTH, Texas— After more than 75 years of flying, the end is near for US Airways. US Airways flights will slowly disappear and be replaced by American flights in a single reservations system. Even if all goes smoothly, vestiges of US Airways will remain.

  • Tandy posts 1Q profit Tuesday, 12 May 2015 | 10:21 AM ET

    FT WORTH, Texas _ Tandy Leather Factory Inc. on Tuesday reported first-quarter net income of $1.4 million. On a per-share basis, the Ft Worth, Texas- based company said it had net income of 14 cents. This story was generated by Automated Insights using data from Zacks Investment Research.

  • FORT WORTH, Texas— American Airlines says international traffic and a key revenue figure are down and fuel is costing more than it expected. American said that with the recent uptick in crude prices, it now expects to pay $1.94 to $1.99 per gallon for fuel in the second quarter, about 10 cents more than it predicted last month. Shares of Fort Worth, Texas- based...

  • May 11- American Airlines Group raised its estimate for jet fuel costs and cut its margin forecast for the current quarter, reflecting the more than 10 percent rise in U.S. crude oil prices since the start of the year. The company said it would pay $1.94- $1.99 per gallon of jet fuel in the second quarter ending June 30, up from it previous estimate of $1.84- $1.89.

  • American's shares traded up almost 4 percent, reflecting bolstered investor confidence in the carrier, the world's largest after it merged in 2013 with US Airways. Rivals Delta Air Lines Inc and United Continental Holdings Inc have also announced cuts for travel outside the peak summer season. American's President Scott Kirby said growing capacity and...

  • April 24- American Airlines Group Inc on Friday reported first-quarter profit above analysts' expectations and declared a $0.10 dividend as cheap fuel continued to help its bottom line. Excluding special items, it earned $1.2 billion, or $1.73 per diluted share, compared to analysts' average estimate of $1.71 per diluted share, according to Thomson Reuters...

  • NEW YORK, April 2- TPG Capital was sued on Thursday by its former head of public affairs, who accused the private equity giant of ignoring his warnings that the firm may have violated securities regulations and defrauded investors out of millions of dollars as a result. The whistleblower lawsuit, almost without precedent in the tight-knit world of private...

  • NEW YORK, April 2- TPG Capital was sued on Thursday by its former head of public affairs, who accused the private equity giant of ignoring his warnings that the firm may have violated securities regulations and defrauded investors out of millions of dollars as a result. The whistleblower lawsuit, almost without precedent in the tight-knit world of private...

  • Dallas home prices surge on short supply Thursday, 19 Feb 2015 | 11:25 AM ET
    Dallas Texas

    The median price of a Dallas home was 12.3 percent higher in December 2014 than it was a year earlier, more than twice the national average.

  • What traders are focused on ahead of the open Friday, 13 Feb 2015 | 8:03 AM ET
    Traders on the floor of the New York Stock Exchange.

    With apparent settlement for the monthslong tension between Russia and Ukraine, investors will keep an eye on oil and further developments in Greece.

  • Oil, global issues remain in focus on Wall Street Friday, 13 Feb 2015 | 6:06 AM ET
    Traders on the floor of the New York Stock Exchange.

    With apparent settlement for the monthslong tension between Russia and Ukraine, investors will keep an eye on oil and further developments in Greece.

  • Why Fed should slowly raise rates: Dallas Fed prez Thursday, 12 Feb 2015 | 3:53 PM ET
    Richard Fisher

    The President of the Dallas Federal Reserve Bank said Thursday why the Fed should slowly raise rates.