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U.S. News

Coca-Cola profit falls; company expands cost-cutting

Coca-Cola Co. said that its quarterly profit fell 14 percent and that it was expanding cost-cutting initiatives as carbonated beverage volumes in North America declined.

Posted on 10-21-2014 at 8:04 AM

U.S. housing recovery rolls on as groundbreaking rises

U.S. housing starts and permits rose in September, a signal the market's modest recovery is supporting what appears to be growing strength in the broader economy.

Posted on 10-17-2014 at 9:57 AM

Chair of the Federal Reserve ain't Yellen for a lot of cash

Federal Reserve Chair Janet Yellen makes less than 113 tther staffers at the Federal Reserve. Yellen, whose salary is set by Congress, earns $201,700 a year. Top earners among staff make an...

Posted on 10-17-2014 at 7:19 AM

AbbVie board ditches planned $55 billion Shire acquisition

U.S. drugmaker AbbVie has pulled the plug on its plan to buy Dublin-based Shire, recommending shareholders vote against the planned $55 billion takeover following new U.S. tax rules.

Posted on 10-16-2014 at 7:09 AM

Time Warner to launch HBO as streaming broadband service

Time Warner Inc's HBO will launch a standalone online streaming service next year to make hit shows such as "Game of Thrones" available to people who do not subscribe to cable television.

Posted on 10-15-2014 at 1:10 PM

Gross tells investors say ‘bye bye’ to double-digit returns

Bill Gross, the former manager of the world’s largest bond fund who last month took over a new fund at Janus Capital Group Inc., said investors should say “bye-bye” to the days of...

Posted on 10-09-2014 at 1:26 PM

Fed officials see global slowdown a risk to U.S. outlook

Federal Reserve policy makers at their last meeting said a global slowdown and a stronger dollar posed potential risks to the outlook for the U.S. economy.

Posted on 10-08-2014 at 2:31 PM

JPMorgan data breach probed by Connecticut attorney general

Connecticut Attorney General George Jepsen is investigating a data breach at JPMorgan Chase & Co. that exposed the names and contact information of millions of customers, according to a...

Posted on 10-03-2014 at 4:23 PM

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