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  • Gross domestic product, the broadest measure of economic health, expanded at a paltry annual rate of 0.5 percent in the January-March quarter, the Commerce Department reported Thursday. The poor start to the year did not escape notice among Republicans hoping capture the White House in November. "Today's report showing the weakest period of economic growth in...

  • The Waltham, Massachusetts- based company said the increase was largely due to higher sales of the Paveway family of laser- and GPS-guided smart bombs, and air-to-air missiles. Raytheon said quarterly net sales rose about 9 percent to $5.76 billion. Thirty percent of Raytheon's revenue during the quarter was generated from international customers, with half...

  • WASHINGTON _ Dupont Fabros Technology Inc. on Thursday reported a key measure of profitability in its first quarter. The average estimate of nine analysts surveyed by Zacks Investment Research was for funds from operations of 66 cents per share. For the current quarter ending in July, Dupont Fabros expects its per-share funds from operations to range from 63...

  • DALLAS— United Parcel Service Inc. said Thursday that first-quarter profit rose 10 percent to $1.13 billion, helped by an increase in both ground shipments and next-day air deliveries in the United States. Executives disclosed that UPS could be required to take a charge of up to $3.8 billion if the government lets a Teamsters pension fund cut benefits to UPS...

  • WASHINGTON— A senior U.S. official: About 16 U.S. military personnel, including a general officer, have been disciplined for mistakes leading to the bombing of a civilian hospital in Afghanistan last year that killed 42 people.

  • The Waltham, Massachusetts- based company said the increase was largely due to higher sales of the Paveway family of laser- and GPS-guided smart bombs, and advanced medium-range air-to-air missiles to the U.S. military and international customers. Net income from continuing operations attributable to Raytheon fell to $428 million, or $1.43 per share, from...

  • WASHINGTON— Insurers will seek significant premium hikes under President Barack Obama's health care law this summer- stiff medicine for consumers and voters ahead of the national political conventions. For example, in Virginia, a state that reports early, nine insurers returning to the HealthCare.gov marketplace are seeking average premium increases...

  • WASHINGTON— The Department of Education has launched a new website to help people with student loans find a repayment option that best suits their needs. The Government Accountability Office found last year that many eligible borrowers don't participate in the income-driven repayment programs, in part, because the department doesn't consistently notify...

  • WASHINGTON— When the Federal Reserve chose Wednesday not to raise its key interest rate, it nevertheless made clear that its next move will be another increase. Some economists think it may not be until the second half of the year before the Fed raises rates again, in part to avoid departing too far from the policies of the Bank of Japan and the European Central Bank.

  • WASHINGTON/ NEW YORK, April 27- Activist investor William Ackman promised U.S. lawmakers on Wednesday that he will urge the board of Valeant Pharmaceuticals to reduce the high prices of four life-saving drugs that are now at the heart of two congressional probes. Speaking before the Senate Special Committee on Aging, Ackman revealed that Valeant's board will...

  • WASHINGTON _ Washington Real Estate Investment Trust on Wednesday reported a key measure of profitability in its first quarter. The average estimate of six analysts surveyed by Zacks Investment Research was for funds from operations of 41 cents per share. Six analysts surveyed by Zacks expected $78.1 million.

  • WASHINGTON _ CoStar Group Inc. on Wednesday reported first-quarter net income of $16.7 million, after reporting a loss in the same period a year earlier. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 69 cents per share. Four analysts surveyed by Zacks expected $197.8 million.

  • WASHINGTON/ NEW YORK, April 27- Activist investor William Ackman promised U.S. lawmakers on Wednesday that he will urge the board of Valeant Pharmaceuticals to reduce the high prices of four life-saving drugs that are now at the heart of two congressional probes. Speaking before the Senate Special Committee on Aging, Ackman revealed that he has already asked...

  • NEW YORK— It's now possible— though neither easy nor particularly convenient— to buy stuff on Facebook via automated messaging "bots." "I would totally shop using message bots for things I know I'm buying"— like soap, shampoo or socks, says Patrick Jones, a software engineer in Washington, D.C. But he doesn't quite see how bots would help with more personal purchases, such...

  • WASHINGTON, April 27- Mitsubishi Motors Corp, which has admitted manipulating fuel economy tests for mini-vehicles in Japan, on Wednesday said its vehicles for the model years 2013 to 2017 sold in the United States have correct mileage ratings. "Our findings confirm that fuel economy testing data for these U.S. market vehicles is accurate and complies with...

  • WASHINGTON— The House used a rare show of unanimity Wednesday to approve legislation requiring the government to get a search warrant if it wants people's older emails. Kevin Yoder, R- Kan., and Jared Polis, D- Colo.. Underscoring its broad support, the measure was backed by both the liberal American Civil Liberties Union and the conservative Heritage Action for...

  • WASHINGTON— When the Federal Reserve left its key interest rate steady Wednesday, it offered no clues to when it might act again yet made clear that it's edging toward raising rates again eventually. The European Central Bank and the Bank of Japan, for example, have loosened their interest-rate policies in recent months to try to stimulate growth.

  • WASHINGTON— Figures on government spending and debt in millions of dollars.

  • NEW YORK, April 27- Private equity firm Carlyle Group LP bucked its sector's trend on Wednesday by posting first-quarter earnings that beat market forecasts, even as it reported a drop in the assets managed by the firm that also set it apart from its peers. Carlyle said it earned an economic net income of $58.2 million after taxes, or 18 cents per share.

  • WASHINGTON— Below is the statement the Federal Reserve released Wednesday after its latest policy meeting ended:. Information received since the Federal Open Market Committee met in March indicates that labor market conditions have improved further even as growth in economic activity appears to have slowed. Growth in household spending has moderated,...