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Business News
Gap's 1st-quarter profits rises 43 percent
NEW YORK (AP) -- After years of struggling, Gap is back in style....
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Wheat gains on overseas demand
NEW YORK (AP) -- The price of wheat is rising by the most in two weeks after a U.S. government report showed strong demand for the grain from overseas buyers....
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J&J expects 10-plus new drug applications by 2017
NEW BRUNSWICK, N.J. (AP) -- Johnson & Johnson is developing what could eventually be game-changing treatments for depression and pain, and it's aiming to apply for approval of more than 10 new medicines by 2017, executives said Thursday during a review of the health care giant's medicine business....
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Big stores nix credit card settlement, file suit
NEW YORK (AP) -- Some of the country's largest retailers, including Target Corp. and Macy's Inc., on Thursday filed a lawsuit against MasterCard and Visa, rejecting a settlement reached last year over alleged fee-fixing....
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News Summary: US mortgage rates up, but still low
RATES RISE: Average U.S. rates on fixed mortgages rose this week to their highest levels since mid-March. Even with the gains, they remained close to historic lows....
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