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Business News
Gauge of US economy rises 0.6 percent in November
WASHINGTON (AP) -- An index designed to predict the future health of the economy posted a third straight solid gain in November....
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US jobless aid applications decline to 289,000
WASHINGTON (AP) -- Fewer Americans sought unemployment benefits last week, a sign of solid job security and growing confidence among employers....
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Ford expands drivers air bag recall nationwide
DETROIT (AP) -- Ford Motor Co. has agreed to government demands to expand a driver's side air bag inflator recall to the entire U.S....
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US stocks gain as energy sector extends rebound
NEW YORK (AP) -- U.S. stocks opened higher as the energy sector continued to rebound along with the price of oil. Oracle surged after reporting strong earnings....
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Kraft Foods CEO to retire; Cahill named successor
NORTHFIELD, Ill. (AP) -- Kraft Foods Group Inc. says that CEO Tony Vernon plans to retire later this month. The company named Chairman John Cahill as his successor....
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