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US Business

GM, Ford Flourish Out of the Limelight
Wed, 29 Jul 2015 06:49:21 EDT - A sharp earnings acceleration by the top U.S. auto makers through June is overshadowing Volkswagen’s sweet success in finally capturing the global sales crown from Toyota.
Microsoft Hopes Sneak Peeks Will Pay Off
Tue, 28 Jul 2015 23:10:30 EDT - For Windows 10, Microsoft went all-out to turn around perceptions among corporate customers. For the better part of a year, it distributed in-progress versions to companies and gathered their feedback.
Total Shrugs Off Weaker Oil Prices
Wed, 29 Jul 2015 04:00:58 EDT - French oil major Total said aggressive cost-cutting and an increase in oil output helped offset the fallout from the collapse in the price of oil on its bottom line.
The Newest Job in Sports: Videogame Coach
Wed, 29 Jul 2015 11:44:59 EDT - The growing money and fame in videogame tournaments over the past several years has hatched a field of coaches and other professionals who want in.
Rising Rents Outpace Wages in Wide Swaths of U.S.
Wed, 29 Jul 2015 08:46:11 EDT - The cost of renting a home is rising faster than wages across wide swaths of the country, a problem that has become especially acute in the past year, putting a big squeeze on many household budgets.
U.S. Pending Home Sales Slip in June
Wed, 29 Jul 2015 11:25:39 EDT - A forward-looking indicator of home sales slipped in June, but remained well above year-ago levels, a sign the housing market is stabilizing.
U.S. Health-Spending Growth Jumped to 5.5% in 2014
Wed, 29 Jul 2015 09:31:30 EDT - Growth in national health spending, which had dropped to historic lows in recent years, has snapped back and is set to continue at a faster pace over the next decade, federal actuaries said.
Home-Price Growth Remained Solid in May
Tue, 28 Jul 2015 15:00:00 EDT - Home prices made solid gains in May, according to a report released Tuesday, as the housing market increasingly appears to be regaining strength after a long, uneven recovery.
U.S. Consumer Confidence Falls
Tue, 28 Jul 2015 10:33:05 EDT - Consumers unexpectedly took a dimmer view of the U.S. economy this month. The Conference Board research group said its index of consumer confidence fell to 90.9 in July from a revised 99.8 in June.
GSK Boosted by New Vaccines
Wed, 29 Jul 2015 10:58:13 EDT - GlaxoSmithKline reported a 6% rise in second-quarter revenue to $9.19 billion, boosted by new vaccines and consumer health-care products from its $20 billion asset swap with Novartis.
VW Profit Falls on China Weakness
Wed, 29 Jul 2015 08:30:35 EDT - Volkswagen, the world’s largest car maker by sales, said net profit fell 16% in the second quarter because of weakness in China and restructuring charges in its trucks business.
Shares of Japan Parts Makers Slip in Smartphone Slowdown
Wed, 29 Jul 2015 11:18:44 EDT - Share prices of Japanese electronics-parts and machinery suppliers plunged on concerns over a slump in demand from mobile-phone makers and China’s economic slowdown.
Proof of a 'Gig Economy' Revolution Hard to Find
Tue, 28 Jul 2015 04:15:50 EDT - Politicians and Silicon Valley prospectuses are all atwitter over the perils and promise of the next big thing, the gig economy. But the numbers don’t bear that out: Americans are becoming slightly less likely to be self-employed, and less prone to hold multiple jobs.
Brazil Struggles With Inflation, and Expectations
Tue, 28 Jul 2015 22:23:53 EDT - Brazil’s central bank will almost certainly raise its benchmark interest rate for the 16th time in just over two years in a bid to fight escalating inflation, but prices aren’t cooperating.
Solvay to Buy Cytec Industries for $5.5 Billion
Wed, 29 Jul 2015 06:11:36 EDT - Belgium-based chemicals company Solvay said it is buying U.S. counterpart Cytec Industries for $5.5 billion in a bid to become a major player in the production of light-weight materials for airplanes and high-end cars.
Bayer Profit Rises on Healthy Currency Effects
Wed, 29 Jul 2015 10:18:45 EDT - German pharmaceutical group Bayer reported a 21% rise in net profit for the second quarter of 2015, boosted by favorable currency effects and earnings growth in all three business areas.
Nintendo Scores Profit; No Word on Successor to Iwata
Wed, 29 Jul 2015 11:17:04 EDT - Nintendo swung to a first-quarter profit but didn’t provide an update on who will succeed Satoru Iwata, who died of cancer earlier this month, as president.


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