Business

Business U.S. service firms grow more quickly, boost hiring U.S. service firms grow more quickly, boost hiring
U.S. service firms expanded more quickly last month as new orders rose and hiring increased, a positive sign the economy is rebounding after an unusually cold winter.
Business Mozilla CEO resigns after furor over gay rights
Mozilla co-founder Brendan Eich is stepping down as CEO and leaving the company following protests over his support of a gay marriage ban in California.
Business Applications for U.S. jobless aid increase by 16,000 Applications for U.S. jobless aid increase by 16,000
The number of people seeking U.S. unemployment benefits rose 16,000 last week to a seasonally adjusted 326,000. Despite the increase, the number remains close to pre-recession levels and points to stable hiring.
Business Senators accuse GM of covering up defective switch Senators accuse GM of covering up defective switch
Members of a Senate subcommittee accused General Motors of trying to cover up problems with an ignition switch that is now tied to 13 deaths, and pressed CEO Mary Barra to commit to punishing anyone involved.
Business More Americans see middle class status slipping
A sense of belonging to the middle class occupies a cherished place in America. It conjures images of self-sufficient people with stable jobs and pleasant homes working toward prosperity.
Business U.S. auto sales expected to rise 2 percent in March U.S. auto sales expected to rise 2 percent in March
Automakers said Tuesday that new car and truck sales picked up speed halfway through March, culminating in a strong final weekend. Toyota dealers had their two best sales weekends of the year at the end of the month, the company said.
Business U.S. manufacturing expanded more quickly in March U.S. manufacturing expanded more quickly in March
U.S. manufacturing grew at a slightly faster pace in March compared with February as factory output recovered from disruptions caused by severe winter weather.
Business U.S. construction spending up tiny 0.1 percent U.S. construction spending up tiny 0.1 percent
U.S. construction spending posted a slight increase in February as a rebound in construction of hotels and other nonresidential buildings offset a decline in housing.
Business Senator says Caterpillar avoided billions in taxes Senator says Caterpillar avoided billions in taxes
Calling Caterpillar Inc., a member of the "corporate profit-shifting club," Sen. Carl Levin accused the manufacturing giant Tuesday of employing an aggressive tax strategy to avoid paying billions of dollars in U.S. taxes.