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By The Associated Press | May 22, 2015 1:18 pm
US stocks dip in quiet trading ahead of Memorial Day weekend

Business News

  • Clinton appears to rule out return of ground forces in Iraq
    Associated Press | May 22, 2015 1:12 pm
    Democratic presidential contender Hillary Rodham Clinton said Friday she sees "no role whatsoever" for U.S. ground forces in Iraq despite setbacks in the struggle against Islamic State militants.
  • Yellen: 1st rate hike likely by year end if economy improves
    Associated Press | May 22, 2015 12:06 pm
    Federal Reserve Chair Janet Yellen said Friday she expects to begin raising interest rates later this year -- if the job market improves and the Fed is confident inflation will climb closer toward its target rate.
  • Timeline: Key steps among companies in animal welfare
    Associated Press | May 22, 2015 11:18 am
    Major animal-welfare moves announced by food and retail companies since 2012:-- FEBRUARY 2012: McDonald's Corp. requires its U.S. pork suppliers to outline plans to phase out the use of sow gestation...
  • Tuk-tuk taxi maker aims to make inroads in US
    Associated Press | May 22, 2015 10:25 am
    They're ubiquitous in Asia, swarming the bustling streets of Bangkok, New Delhi and Beijing.
  • Expedia sells stake in Chinese travel service
    Associated Press | May 22, 2015 9:12 am
    Expedia sold its entire stake in eLong, a Chinese travel service, to a group of businesses based in China for roughly $671 million.
  • Deere boosts guidance as construction offsets ag swoon
    Associated Press | May 22, 2015 9:01 am
    Solid sales of its construction equipment offset a global agricultural slowdown for Deere, the company said Friday. It also raised its outlook for the year and its shares rose nearly 4 percent Friday.
  • Private equity fund buying Cincinnati-based Frisch's
    Associated Press | May 22, 2015 8:54 am
    Frisch's Big Boy restaurants are being sold to a private equity fund, the company announced Friday, which will end family operation of the Cincinnati-based chain that dates to a 1939 drive-thru.
  • US stocks open mostly lower; oil price slides
    Associated Press | May 22, 2015 7:07 am
    Stocks are mostly lower in early trading as energy companies decline along with the price of oil.
  • German business confidence drops slightly in May
    Associated Press | May 22, 2015 1:54 am
    A closely watched survey shows German business confidence has slightly slipped as companies expressed satisfaction with their current situation but increasing worries about the future.
  • Obama's trade bill narrowly clears a key Senate hurdle
    Associated Press | May 21, 2015 7:13 pm
    In a triumph for President Barack Obama, sweeping legislation to strengthen the administration's hand in global trade talks advanced toward Senate passage Thursday after a showdown vote that remained in doubt until the final moment.
  • Gap's 1Q profit down 8 percent on currency fluctuations
    Associated Press | May 21, 2015 3:30 pm
    Gap Inc. reported an 8 percent decline in its first-quarter profit, as results were hurt by currency fluctuations and persistent sluggish sales at its Gap and Banana Republic stores.
  • PayPal's new chief promises new services for a mobile world
    Associated Press | May 21, 2015 3:18 pm
    As PayPal prepares to split from its corporate parent, its new chief executive is promising to expand the popular online payment system, adding a variety of services for consumers to use when shopping on their phones or in traditional stores.
  • Whites moving to Detroit, city that epitomized white flight
    Associated Press | May 21, 2015 3:00 pm
    Whites are moving back to the American city that came to epitomize white flight, even as blacks continue to leave for the suburbs and the city's overall population shrinks.
  • Senate Democrats demand more money for Amtrak repair backlog
    Associated Press | May 21, 2015 2:37 pm
    Senate Democrats on Thursday demanded that Republicans provide more money for Amtrak so the railroad can tackle a $21 billion maintenance and repair backlog, including replacing tunnels more than a century old.

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