Business

Business Gauge of US economy posts solid 0.7 percent May advance Gauge of US economy posts solid 0.7 percent May advance
An index designed to predict the future health of the economy posted a second straight strong increase in May, indicating the economy should gain strength in the second half of this year.
Business Auto industry quality improves, Japanese don't keep pace Auto industry quality improves, Japanese don't keep pace
The quality of cars and trucks made by European, Korean and U.S. companies has improved so much in recent years that Japanese automakers, long the industry standard, are having trouble keeping pace.
Business Despite cold-shortened season, U.S. maple syrup production up Despite cold-shortened season, U.S. maple syrup production up
Colder-than-normal temperatures shortened the Northeast's maple sugaring season this year, but overall syrup production in the U.S. still managed to stay strong, according to the United States Department of Agriculture.
Business Target selling pharmacy, clinic businesses to CVS Health Target selling pharmacy, clinic businesses to CVS Health
Target will sell its pharmacy and clinic businesses to the drugstore chain CVS Health for about $1.9 billion in a deal that combines the resources of two retailers seeking to polish their health care reputations.
Business United Technologies announces exit from helicopter business United Technologies announces exit from helicopter business
United Technologies Corp. announced Monday it is shedding Sikorsky Aircraft, and whether it ultimately sells or spins off the helicopter maker, the union that represents its workers and local officials are confident that the exodus of well-paid manufacturing jobs in Connecticut will not play out again.