Business News

Safety Deadline To Soon For Rail Industry

Posted: 04/16/2014 - The freight railroad industry says only one-fifth of its track will be equipped with mandatory safety technology to prevent most collisions and derailments by the deadline set by Congress.

Avoid Common Errors When Filing Tax Return

Updated: 04/13/2014 - Remember, April 15, 2014 is the deadline for filing your tax return. Before filing your tax return, you should check to make sure it doesn't contain any errors. The IRS provides the following tips to help you avoid some common errors.

Global Economy Continues To Improve

Posted: 04/12/2014 - The world's top finance officials say the global economy is recovering, and they're hopeful that well-run economic programs will avoid the risks that threaten that rebound.

More Business News

Economic News

  • Yellen Stakes Out a Flexible Policy Path
    Federal Reserve Chairwoman Janet Yellen left markets comforted and reassured about continued low interest rates after a speech that emphasized her focus on low inflation and economic slack.
  • Big Banks Ramp Up Business Lending
    Banks are boosting their lending to businesses, providing fuel for companies to increase spending on workers and equipment as the economy improves.
  • Economy Thawing, Survey Finds
    The economy strengthened across a broad swath of the country in recent weeks, according to the Fed's "beige book" of regional conditions, further evidence of the recovery springing back to life after a winter lull.
  • China Growth Slows to 7.4%
    China's GDP growth slipped in the first quarter to its slowest level in 18 months as the world's second-largest economy continued to downshift.
  • Tech-Stock Drop Hits Startups
    Tech stocks have taken a pounding over the past month, putting pressure on the ecosystem for financing startups and taking them public.
  • BofA in Settlement Talks Over Mortgage Securities
    Bank of America is engaged in multibillion-dollar settlement talks with the Justice Department to end investigations into shoddy residential mortgage backed securities.
  • Citi Got Mixed Signals From Fed on 'Stress Test'
    The Federal Reserve's New York office indicated to Citigroup that the bank would have more time to fix certain "stress test" planning problems before Fed officials in Washington last month gave it a failing grade.
  • Treasury Turns Its Gaze to Municipal-Bond Market
    The department is forming a new unit to broadly monitor the municipal-bond market, with a focus on troubled borrowers.
  • Housing Market Slow to Hit Its Spring Stride
    A flurry of recent housing data suggests that the market's spring selling season is getting off to a slow start, a worrisome sign after a winter of expectations that warmer weather would rekindle growth.
  • U.S. Industrial Production Rises
    U.S. industrial production rose in March, moving beyond a lackluster winter and showing potential to gain strength in the coming months.

US Business News

  • GE Posts Declines in Profit, Revenue
    GE has been under pressure to reduce its dependence on earnings from its finance arm and to improve the performance of its industrial businesses.
  • Pepsi's Profit Beats Expectations
    Pepsi's said its first-quarter profit climbed 13% as growth in the company's snack-foods operations masked another weak period from its beverage business.
  • Trouble Selling Fliers on Fast Airport Line
    The Transportation Security Administration is aggressively trying to encourage more people to sign up for TSA Precheck. But the effort has run into traveler confusion and aggravation.
  • Tech-Stock Drop Hits Startups
    Tech stocks have taken a pounding over the past month, putting pressure on the ecosystem for financing startups and taking them public.
  • Home Depot Lumbers Into E-Commerce
    Home Depot is putting a lid on new-store openings and focusing its expansion efforts on e-commerce, which presents some logistical challenges for a retailer that sells a lot of bulky materials.
  • GM Test Drivers Warned of Problems in 2006
    General Motors ordered a more robust ignition switch in 2006 for a Cadillac then in development after complaints from test drivers that the vehicle would shut off if the ignition was bumped, newly released documents show.
  • Ford to Sell Lincoln Models in China
    Ford unveiled details of its plans to sell its premium Lincoln brand to Chinese buyers who equate luxury with German names like Audi and BMW.
  • DuPont Profit Tumbles Despite Growth
    DuPont Co. said its first-quarter earnings fell 57% as the chemicals and agricultural-products company reported that growth in most of its businesses was offset by harsh weather and shifts in agriculture.
  • UnitedHealth's Profit Falls Amid Health-Law Changes
    UnitedHealth is the first major health insurer to report its results for the latest quarter, the first period to reflect the Affordable Care Act.
  • Philip Morris Earnings Drop 12%
    Philip Morris International said first-quarter income sank 12%, as the cigarette maker continued to struggle with shrinking volumes in most of its regions.
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