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Business News
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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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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UPS blames winter weather for drop in 1Q profit
DALLAS (AP) -- First-quarter revenue at UPS slumped 12 percent as winter storms increased costs for the shipping giant and cut into its revenue....
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GM 1Q profit dragged down by recalls
DETROIT (AP) -- General Motors on Thursday reported its worst financial results in more than four years as the costs of a series of recalls dragged down earnings....
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