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Business News
US economy slows to 2.6 percent growth in fourth quarter
WASHINGTON (AP) -- The U.S. economy slowed in the final three months of 2014 as a big burst in consumer spending was offset by weakness in other areas....
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US pay and benefits rose by most in 6 years last year
WASHINGTON (AP) -- Wages and benefits rose at the fastest pace in six years last year, a sign strong job gains could be forcing companies to pay a bit more for workers....
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Marlboro maker Altria's 4Q profit more than doubles
RICHMOND, Va. (AP) -- Marlboro maker Altria Group Inc.'s profit more than doubled in the fourth quarter on higher cigarette prices and lower costs for paying down debt....
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Barbie blues gave Mattel holiday disappointment
EL SEGUNDO, Calif. (AP) -- Slumping sales of Barbie did little to bring a happy holiday to her maker, Mattel Inc....
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Markets brace for Big Oil profit plunge
NEW YORK (AP) -- It's just a forecast, and for only one of 10 industry groups in the stock market. Yet it has almost singlehandedly turned what had been a promising earnings season into a grim one....
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