- FedEx Corp., the latest shipper to be accused in a federal probe involving illegal online pharmacies, says it will fight the charges that it knowingly shipped drugs to people who lack valid prescriptions.
U.S. Durable Orders Rebound in June Orders for big-ticket manufactured goods rebounded in June, a sign that capital investment by businesses could boost U.S. economic growth heading into the second half of the year. But shipments of core capital goods fell, prompting some economists to trim their forecasts of second-quarter growth.
New-Home Slowdown Pressures Recovery Demand for new homes slowed sharply during the first half, a development that threatens to reverberate beyond the housing market and throughout the broader economy.
Truce Brokers Consider How to Aid Gaza As the U.S. and its allies press for a halt to fighting in Gaza, they face a vexing question: how to rebuild the Palestinian territory and open its borders without posing a threat to Israel's security.
IMF Cuts U.S. 2014 Growth Forecast to 1.7% The International Monetary Fund revised its growth outlook for the U.S. economy for the second time in two months after a first-quarter contraction turned out to be worse than the fund originally forecast.
Gasoline Costs Lift Inflation Gauge U.S. consumer inflation continued to stiffen last month but largely decelerated outside a jump in gasoline prices, and food costs in particular slowed after surging in recent months.
Hedge Funds Saved Billions in Tax: Senate Hedge funds used a tax avoidance technique offered by Wall Street banks for years to skirt federal leverage trading limits, with one well-known trading firm potentially saving $6.8 billion in U.S. taxes, Senate investigators claim.
EU Infrastructure Cutbacks Worry Economists Outlook: Hit by the recession, a number of European governments cut capital spending on transportation, housing, education and other areas, a move that some experts say will harm economic growth.
This Way Up: Mobility in America Essay: Economic mobility is alive and well for Americans who pursue technical or practical training. The U.S. economy's future could lie along the career paths of welders, nurses and franchise owners.
US Business News
Advertising's Frontier: Talk to the Bot Keywords: This month, Kik, a popular chat app among teens in the U.S., launched a feature that could be the future of advertising: people conversing directly with brands via bots.
There's No Flying in Drone School With a coming boom expected in the unmanned-aircraft industry, universities and colleges are scrambling to train pilots. But thanks to government rules, they can't actually get the devices off the ground.
An $800 Sneaker Plays Hard to Get The sudden appeal of Buscemi sneakers, a year-old shoe that costs $800 a pair, marks a new chapter in conspicuous consumption, fueled by social media, celebrities and purposefully tight supplies.
Oil's New Frontier: Wealthy Nations After decades focusing on less-developed nations, big oil companies are piling back into wealthy countries with political stability that provides more-predictable cash flow.
When It Comes to Office Work, You Can't Be Too Careful Safety awareness is serious business at workplaces such as construction sites, food manufacturing plants, mines and oil rigs. Now field-inspired safety protocols are migrating to the office, where hazards include dripping umbrellas and hot cups of coffee.
Hospira, Danone Unit in Talks Hospira has emerged as a bidder for Danone's medical-nutrition unit in a deal that could be worth about $5 billion and mark the latest in a flurry of so-called inversion deals.
Samsung Delays Tizen Phone Launch Samsung Electronics said it would postpone sales in Russia of a smartphone running a homegrown operating system called Tizen, dealing a fresh setback to its efforts to carve out a niche in mobile software and services.
Fox's Invitation to Time Warner 21st Century Fox is prepared to offer shareholders of Time Warner board representation as part of its bid to acquire the media company, according to a person familiar with the matter.
Adani Gets Approval to Build Mine India's Adani Group has secured approval from Australia's government to build one of the world's largest coal mines, a move that comes amid investor concerns about a global supply glut of the commodity and a prolonged downturn in prices.