U.S. builders broke ground on apartment complexes last month at the fastest pace in nearly 28 years, as developers anticipate that recent jobs gains will launch a wave of renters.
The Boeing Co. said Friday that it plans to absorb a $536 million charge that will help it keep the KC-46 aerial refueling tanker program on schedule.
Shares of Mattel Inc. fell Friday after the company reported a second-quarter loss as another decline in Barbie sales and a strong dollar cut into revenue.
General Electric reported larger profits in the second quarter as orders and backlog improved.
Fewer people sought U.S. unemployment benefits last week as employers remain confident enough in the economy to hold onto their staffs.
The family-owned Hubbard Broadcasting Inc. is giving the Newseum $5 million to support the Washington museum's programs about the five freedoms of the First Amendment.
Manufacturing growth in the Philadelphia region fell in July, a sign that factories are struggling to contribute much to the expanding U.S. economy.
Auto parts maker Magna International Inc. will pay about US$1.93 million (1.76 billion euros) to buy the Getrag Group, a German supplier of automotive transmissions for car manufacturers such as Ford, BMW, Daimler and others.
The Obama administration is proposing new regulations Thursday designed to reduce the impact of coal mining on the nation's streams.
Thai police say a Swiss man has confessed to blackmailing his former employer, a Saudi oil exploration company, by threatening to reveal documents with information about alleged financial wrongdoing linked to the Malaysian government.
Amazon has come a long way from selling books out of a Seattle garage.
Federal Reserve Chair Janet Yellen sees a number of encouraging signs that the economy is reviving after a brutal winter and says if the improvements stay on track, the Fed will likely start raising interest rates later this year.
FAO Schwarz on Fifth Avenue, probably the best-known toy store in the world, is closing Wednesday night.
U.S. factory production was unchanged for a second straight month in June as a sharp drop in auto manufacturing was offset by greater output of furniture and chemicals.
Eggs are getting much more expensive — by the dozen and otherwise.