- The Food and Drug Administration is sending out a warning to parents to check the brand of baby wipes they are using, especially if you buy them from major retailers like Walgreens or Sam's Club.
Fed Closes Chapter on Easy Money The Federal Reserve said it would end its long-running bond-purchase program, concluding a historic experiment that stirred disagreement among policy makers, economists and investors about its impact.
U.S. Third-Quarter GDP Expands at 3.5% Rate The U.S. economy expanded steadily again during the third quarter, a sign of sustained growth fueled by American consumers and businesses despite mounting concerns about the health of overseas economies.
Economy Stokes Anger at Governors Despite rising consumer confidence, Republican and Democratic governors are struggling in Florida, Colorado, Michigan and Connecticut.
Sanctions Are Seen Hurting Moscow The European Union estimates its sanctions on Russia will only have a modest impact on the bloc’s economy this year and next but will slice 1.1 percentage points off Russia’s growth rate next year.
N.Y. Fed Tweaks Interest-Rate Tool The Federal Reserve Bank of New York announced a series of important changes in how it uses a tool designed to help it control short-term interest rates.
U.S. Earnings Reassure Investors but Growth Lags America’s companies have a message for markets: Don’t panic yet. Though growth remains weak, the largest U.S. companies as a group are reporting better earnings for the third quarter, thanks in part to discreet pockets of strength across the world.
US Business News
Mars Inc.: Chocolate Minus Wall Street A peek inside Mars Inc.’s Topeka factory offers insight into how the secretive, closely held rival to Hershey tries to manage its agglomeration of businesses.
Apple Looks to Sell iPhone in Iran Apple is in preliminary contact with Iranian distributors about possibly selling the iPhone in the country. Iran has 77 million people, but the market is fraught with obstacles.
Energy Boom Can Withstand Steeper Oil-Price Drop Oil prices would need to fall at least another $20 a barrel to choke off the U.S. energy boom, industry experts say, though some smaller American producers would face serious problems from a more modest decline.
Shell Posts Rise in Profit Royal Dutch Shell reported a rise in third-quarter earnings, with increases in both upstream and downstream, despite falling oil prices.
Time Warner Cable Profit Drops Time Warner Cable Inc., still awaiting regulatory approval for its deal to be bought by larger peer Comcast Corp., said its third-quarter profit fell 6%, missing expectations, as the company lost subscribers.
Samsung Electronics Third-Quarter Profit Falls Samsung Electronics’ quarterly net profit nearly halved, as its mobile business continued to lose ground to low-cost Chinese smartphone makers—a rivalry that is expected to intensify.
Computer Spies Target GE, Siemens Computer spies targeted control systems made by General Electric and Siemens for water and energy companies since at least 2011, the Department of Homeland Security said Wednesday.
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