A former REI worker who was paralyzed in a crash while riding his REI bike is now suing the Seattle company for later firing him.
Americans stepped up purchases at retail businesses in May, spending more on cars, home improvements and sporting goods. The gain shows consumers remain resilient despite higher taxes and could drive faster growth later this year.
U.S. businesses increased their stockpiles in April but their sales fell for a second straight month, held back by a decline in orders to American factories.
The number of Americans seeking unemployment benefits dropped 12,000 last week to a seasonally adjusted 334,000, a decline that suggests steady job gains will endure.
Fixed U.S. mortgage rates rose for the sixth straight week, putting the average rate on the 30-year loan just shy of 4 percent.
Gannett Co., the publisher of USA Today, is buying TV station owner Belo Corp. for about $1.5 billion. If approved, the all-cash deal will make Gannett the fourth-largest broadcast group in the U.S.
The attorneys general from three states without sales taxes sent letters to all 435 U.S. House representatives Wednesday urging them to oppose an Internet tax bill, saying the measure is unconstitutional and could prompt a legal challenge if it passes.
Chief executives for the largest U.S. companies are more optimistic about sales over the next six months and plan to add more workers.
Global demand for oil, gas, coal and nuclear power grew at a slower pace last year due to weak economic growth, recession and increased efficiency, energy company BP said Wednesday.
General Motors says it's making progress cutting costs to improve profit margins.
Shares of Hewlett-Packard Co. are jumping after CEO Meg Whitman reiterated that revenue could grow next fiscal year.
India's Apollo Tyres Ltd. is buying Ohio's Cooper Tire & Rubber Co. for about $2.22 billion, boosting its presence in North America and other key markets around the world.
A new study led by researchers at Oregon State University has documented why oysters appear so sensitive to increasing acidity.
U.S. employers advertised fewer jobs in April, but overall hiring rose and the number of people quitting their jobs increased.
A cloud is hanging over free trade discussions between the European Union and the United after France said it would veto any deal that includes the film, radio or TV industries.
Bike-related lawsuit accuses REI of retaliation, discrimination (Photo Gallery) (Video)
