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Published: Wed, 26 Jul 2017 16:43:41 EDT

Facebook Inc. churned out faster-than-expected quarterly sales growth from its main social network, fueled by continued strength in mobile video advertising.Instagram, the company's popular photo-sharing app, also helped second-quarter sales climb 45 percent to $9.3...

Published: Wed, 26 Jul 2017 16:04:52 EDT

Amazon plans to make thousands of job offers in just one day as it holds a giant job fair next week at nearly a dozen warehouses across the U.S.

Published: Wed, 26 Jul 2017 14:40:40 EDT

Ex-Uber Chief Executive Officer Travis Kalanick hired former San Francisco U.S. Attorney Melinda Haag and one of her colleagues at Orrick to represent him as the ride-hailing giant heads toward a trial in Waymo's trade-secrets lawsuit over driverless technology.Haag held...

Published: Wed, 26 Jul 2017 14:20:27 EDT

Electronics manufacturer Foxconn will announce plans to build a multi-billion dollar flat panel screen plant in Wisconsin at a White House event later on Wednesday, a source briefed on the matter said. A White House official said President Donald Trump is hosting an event...

Published: Wed, 26 Jul 2017 14:08:29 EDT

Federal Reserve officials said they would begin running off their $4.5 trillion balance sheet "relatively soon" and left their benchmark policy rate unchanged as they assess progress toward their inflation goal.The start of balance-sheet normalization - possibly as soon as...

Published: Wed, 26 Jul 2017 12:43:11 EDT

Anthem Inc. said it may leave more individual Obamacare markets due to uncertainty about the potential repeal of the healthcare law and subsidies that make the plans affordable for millions of Americans.

Published: Wed, 26 Jul 2017 12:30:27 EDT

U.S. Treasury Secretary Steven Mnuchin on Wednesday urged Congress to raise the federal debt limit before lawmakers leave Washington for their August recess to avoid higher interest costs to taxpayers and market uncertainty about a potential default. Mnuchin told a Senate...

Published: Wed, 26 Jul 2017 11:40:28 EDT

Chipotle says it believes an employee was working while sick at a Virginia location where dozens of customers reported becoming ill earlier this month with what health officials think was norovirus.

Published: Wed, 26 Jul 2017 11:24:43 EDT

Sales of new homes rose slightly in June, hitting their highest level in three months, as demand for housing remained stiff, according to government data released Wednesday.But prices retreated from an all-time high and supplies rose, suggesting new construction could be...

Published: Wed, 26 Jul 2017 10:55:43 EDT

Ford Motor Co. had a better-than-expected second quarter despite lower sales and upheaval in its executive ranks.Net income rose 4 percent to $2 billion, thanks in part to a change in the company's tax rate and a strong performance from its credit arm.

Published: Wed, 26 Jul 2017 10:35:53 EDT

The sweeping changes the Trump administration hopes to make to individual taxes will likely be a long time coming, Bank of America Merrill Lynch's municipal research strategy team led by Philip Fischer writes in a report.

Published: Wed, 26 Jul 2017 09:29:54 EDT

Americans are pouring record amounts of money into home improvements this year as a shortage of new single-family homes across the U.S. pushes up prices and keeps many buyers out of the market.Spending on renovations is forecast to grow 6.8 percent from a year earlier to...

Published: Wed, 26 Jul 2017 07:14:33 EDT

Targeting government regulations, the Republican-led House on Tuesday voted to nullify a rule that would let consumers join together to sue their banks or credit card companies rather than use an arbitrator to resolve a dispute.The repeal resolution passed by a vote of...

Published: Wed, 26 Jul 2017 07:07:32 EDT

To rent an apartment on LoftSmart, a website for college students looking for off-campus housing, users browse listings, take a virtual tour, and read reviews from current or past tenants. If they find a place they like, they can put in an application, sign a lease, and pay...

Published: Tue, 25 Jul 2017 17:05:17 EDT

Apple Inc. Chief Executive Tim Cook has committed to build three big manufacturing plants in the United States, the Wall Street Journal quoted U.S. President Donald Trump as saying.

Published: Tue, 25 Jul 2017 16:42:02 EDT

President Donald Trump said he had a "lot of respect for" Federal Reserve Chair Janet Yellen and she was still in the running to remain at the helm of the U.S. central bank, while indicating that White House aide Gary Cohn was also a top contender for the position.

Published: Tue, 25 Jul 2017 14:26:56 EDT

Convoy, an app connecting truck drivers with loads of freight, has raised more than $60 million as startup investors double down on technology bets to transform the long-haul trucking industry.Convoy, a Seattle-based startup founded two years ago, is part of a growing field...

Published: Tue, 25 Jul 2017 13:55:01 EDT

Bank of America Merrill Lynch is looking past the increase in bitcoin trading volume to caution against a surge in optimism surrounding the digital currency.

Published: Tue, 25 Jul 2017 13:37:57 EDT

Activist hedge fund Sandell Asset Management Corp on Tuesday urged Barnes & Noble Inc to sell itself, saying the struggling U.S. bookstore chain operator could attract media or internet companies seeking a retail presence.Sandell, which said it had built up a "meaningful"...

Published: Tue, 25 Jul 2017 12:48:02 EDT

Caterpillar Inc.'s results smashed expectations and the company raised its full-year forecast for the second time, underscoring strength across its businesses and a steady recovery in demand from China.Shares of the world's largest construction and mining equipment maker...
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Patrick McKimmons
Sandra Abernathy
Blake Sheehan
Kenneth Brackens