Business

Business Fast food workers prepare to escalate wage demands Fast food workers prepare to escalate wage demands
Fast food workers say they're prepared to escalate their campaign for higher wages and union representation, starting with a national convention in suburban Chicago where more than 1,000 workers are expected to discuss the future of the effort that has spread to dozens of cities in less than two years.
Business Global tensions can't dent enthusiasm for stocks Global tensions can't dent enthusiasm for stocks
A war breaks out between Israel and Hamas. An airliner is shot out of the sky in Ukraine. A Portuguese bank's finances look shaky. And the U.S. stock market's response? After dipping briefly on the bad news, it climbs higher.
Business Russian biz execs fear lasting damage from plane crash Russian biz execs fear lasting damage from plane crash
Having for months dismissed Western sanctions on Russia as toothless, business leaders here are now afraid that the crash of the Malaysian jetliner will bring about an international isolation that will cause serious and lasting economic damage.
Business UK economy grows to surpass pre-crisis peak UK economy grows to surpass pre-crisis peak
Britain's economy has grown to surpass the peak it reached in 2008, before the global banking crisis caused a deep recession, official figures showed Friday.
Business Amazon shares fall on 2Q loss Amazon shares fall on 2Q loss
Shares of Amazon.com Inc. fell Thursday after the e-commerce retailer reported a larger than expected second quarter loss as expenses outpaced a surge in revenue.
Business GM's 2nd quarter profit falls 85 percent on recall costs GM's 2nd quarter profit falls 85 percent on recall costs
Recall expenses chopped $1.5 billion from General Motors' bottom line in the second quarter, as it added up the costs of repairs for nearly 30 million cars and set aside funds to compensate victims of small-car crashes.
Business Wal-Mart names new CEO of U.S. discount division Wal-Mart names new CEO of U.S. discount division
Wal-Mart is replacing the chief of its U.S. discount stores in what could be an indication that it's losing confidence that its largest business unit will rebound after more than a year of disappointing results.
Business Retail trade group reduces annual sales forecast Retail trade group reduces annual sales forecast
The nation's largest retail trade group has pared its annual sales forecast because of slower-than-expected growth during the first half of the year tied to winter storms and lingering economic woes.