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US Business

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U.S. stocks make minor gains, Nasdaq Composite climbs 60 points

NEW YORK, New York - With no major news Monday, and nothing on the horizon, U.S. stocks remained little moved, ...

Rite Aid may close over 400 stores, allow creditors to run operations

CAMP HILL, Pennsylvania: This week, the Wall Street Journal (WSJ) reported that Rite Aid could shut down some 400 to ...

Will 'quiet the noise' in culture wars, Disney CEO tells investors

BURBANK, California: A note by Needham media analyst Laura Martin released this week revealed that CEO Bob Iger told investors ...

Textron, NetJets sign deal to purchase 1,500 Cessna Citation aircraft

COLUMBUS, Ohio: This week, Textron Aviation and NetJets signed an agreement allowing the latter to buy up to 1,500 additional ...

250,000 hirings planned by Amazon during US holiday season

SEATTLE, Washington: To expand its next-day delivery services for shoppers, Amazon said it plans to hire 250,000 more U.S. workers ...

U.S. stocks slip, dollar loses ground against commodity currencies

NEW YORK, New York - U.S. stocks weakened on Friday as U.S. Treasury yields continued to point higher while some ...

Bus carrying high school band crashes in New York, two dead

LONG ISLAND, New York: On Thursday, a bus carrying members of a high school marching band traveling to a music ...

US Federal Reserve cutting 300 people from payroll

WASHINGTON D.C.: In a small but rare reduction to its headcount, which has grown steadily since 2010, the US Federal ...

US children, age 10, 11, stopped while driving 200 miles from home

GAINESVILLE, Florida: Local police report stopping children, ages 10 and 11, who had driven their family car 200 miles, in ...

Rite Aid may close over 400 stores, allow creditors to run operations

CAMP HILL, Pennsylvania: This week, the Wall Street Journal (WSJ) reported that Rite Aid could shut down some 400 to ...

96-year-old US judge barred from hearing cases for mental incompetence

Washington, D.C.: This week, the U.S. Court of Appeals for the Federal Circuit suspended 96-year-old Judge Pauline Newman from hearing ...

Former US congressman jailed for 22 months in insider trading case

NEW YORK: On Tuesday, former U.S. Congressman Stephen Buyer was sentenced to 22 months in prison for trading on inside ...