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Business News
General Mills selling Green Giant, Le Sueur for $765M
MINNEAPOLIS (AP) -- General Mills is selling its Green Giant and Le Sueur vegetable businesses to B&G Foods Inc. for about $765 million in cash....
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US trade deficit drops to $41.9 billion in July
WASHINGTON (AP) -- The U.S. trade deficit fell in July to the lowest level in five months as exports posted a small gain while imports declined, reflecting a big drop in shipments of consumer goods such as cell phones....
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Applications for US jobless aid rise to still-low 282,000
WASHINGTON (AP) -- More Americans applied for unemployment benefits last week, but applications remain at historically near low levels in a positive sign for the U.S. economy amid a broader global slowdown....
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WASHINGTON (AP) -- US trade deficit drops to $41.9 billion in July, smallest in 5 months, as exports advance....
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IMF: China, tumbling commodity prices threaten world economy
WASHINGTON (AP) -- China's slowdown, volatile financial markets and tumbling raw-materials prices have raised the risks to economic growth around the world, the International Monetary Fund reported Wednesday....
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