Business

Business Treasury to limit profitability of overseas shifts Treasury to limit profitability of overseas shifts
The Obama administration will decide "in the very near future" what actions it can take to make it less profitable for U.S. companies to shift their legal addresses to other countries, Treasury Jacob Lew said Monday.
Business U.S. job growth slows to 142,000, fewest in 8 months U.S. job growth slows to 142,000, fewest in 8 months
U.S. employers added the fewest jobs in eight months in August, snapping a streak of robust gains and surprising analysts because recent reports had suggested that the economy was steadily improving.
Business Central bank action alone can't lift gloom over Europe Central bank action alone can't lift gloom over Europe
Europe has gotten another dose of stimulus. But the latest medicine by itself will not bring life to an economy that over the past six years has slid from crisis to crisis.
Business U.S. trade deficit narrows in July U.S. trade deficit narrows in July
The U.S. trade deficit fell in July to its lowest level since January, as exports of autos, telecom equipment, industrial machines and semiconductors rose.