Business

Business Economy's Q2 rebound was even faster than thought Economy's Q2 rebound was even faster than thought
The U.S. economy's bounce-back last quarter from a dismal winter was even faster than previously thought, a sign that growth will likely remain solid for rest of the year.
Business BlackBerry posts $207 million loss BlackBerry posts $207 million loss
BlackBerry posted a loss of $207 million in the second quarter just days after the embattled company launched a new phone.
Business Applications for U.S. unemployment rise to 293,000 Applications for U.S. unemployment rise to 293,000
The number of people seeking U.S. unemployment benefits increased last week after falling sharply two weeks ago. Despite the rise, the level of applications remains near pre-recession levels, a sign that hiring will likely remain healthy.
Business H&M eyes further expansion in U.S., China H&M eyes further expansion in U.S., China
Fashion retailer Hennes & Mauritz AB said Thursday it plans to expand its business over the coming year by increasing online sales and opening new stores, particularly in its largest markets, the U.S. and China.
Business U.S. durable goods orders fell 18.2 percent in August U.S. durable goods orders fell 18.2 percent in August
Orders for long-lasting manufactured goods slumped in August as demand for commercial aircraft descended from record highs, but investment plans by businesses posted promising gains.
Business Businesses won't have to return BP spill payouts Businesses won't have to return BP spill payouts
BP wanted its money back - hundreds of millions of dollars of it - but a federal judge said Wednesday that the oil giant must stick by its agreement with the companies it compensated for business losses due to the 2010 Gulf oil spill.