Listen Live

Current Weather

120_day
95°
Mainly Clear
Heat Index: 99°
Loading advertisement…
HomeBusiness ( Page 12)

Business

Subscribe to the Business News Feed.
SHARE NOW

US construction spending inches up in May, but homebuilding weak

by
WASHINGTON, July 1 (Reuters) - U.S. construction spending edged up in May as higher mortgage rates because of the Middle East conflict constrained homebuilding. The Commerce Department's Census Bureau said on Wednesday that construction spending rose 0.1% after a downwardly revised 0.3% increase in April.... Read More.

GM’s second-quarter US auto sales fall 4%

by
July 1 (Reuters) - General Motors on Wednesday reported a 4.2% drop in U.S. auto sales during the second quarter, as inflationary pressures kept some new vehicle buyers at bay. The automaker notched quarterly sales of 714,896 units compared with 746,588 units a year... Read More.

Goldman Sachs names Bosworth as acting general counsel

by
NEW YORK, July 1 (Reuters) - Goldman Sachs on Wednesday named Michael Bosworth as acting general counsel and a member of its core executive leadership team, replacing Kathryn Ruemmler, who stepped down from the role from June 30. Ruemmler resigned this year as chief legal... Read More.
First Previous8910111213141516Next Last