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Business News
Ralph Lauren's 4Q profit rises 35 pct
NEW YORK (AP) -- Ralph Lauren Corp. is reporting a 35 percent increase in fourth-quarter profit, but economic challenges here and abroad and certain strategic initiatives cut into sales....
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US unemployment aid applications fall to 340K
WASHINGTON (AP) -- The number of Americans applying for unemployment benefits fell by 23,000 last week, further evidence that the job market is slowly returning to health....
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J&J forecasts 10 new drug applications by 2017
NEW BRUNSWICK, N.J. (AP) -- Johnson & Johnson says it plans to submit more than 10 new treatments to regulators for approval and 25 applications for additional uses of approved drugs by 2017....
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Survey shows China manufacturing contracting
BEIJING (AP) -- A survey shows China's manufacturing contracted this month, adding to signs a fragile recovery in the world's No. 2 economy is slowing....
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Ford to end auto production in Australia in 2016
SYDNEY (AP) -- Ford Motor Co. said Thursday it will close its two Australian auto plants, ending production in the country in 2016, amid soaring manufacturing costs and plummeting sales....
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