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Business News
Applications for US unemployment aid jump to 329K
WASHINGTON (AP) -- The number of people seeking U.S. unemployment benefits surged 24,000 to a seasonally adjusted 329,000 last week, though the gain likely reflected temporary layoffs in the week before Easter....
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Zimmer buying Biomet in deal valued at $13.35B
WARSAW, Ind. (AP) -- Orthopedic device maker Zimmer is buying privately-held Biomet for about $13.35 billion in a move aimed at helping expand its product offerings and services....
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Southwest Airlines posts a record 1Q profit
DALLAS (AP) -- Southwest Airlines Co. said Thursday that it made a record $152 million in the first quarter, more than doubling the $59 million it earned during the same time last year....
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US durable goods orders up 2.6 percent in March
WASHINGTON (AP) -- Orders to U.S. factories for long-lasting manufactured goods posted a solid gain for the second straight month in March. A key category that signals business investment plans increased at the fastest pace in four months....
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American Airlines swings to $480M 1Q profit
DALLAS (AP) -- American Airlines is making money again and beating expectations after its merger with US Airways....
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