U.S. Workers More Productive in 1Q -- But Just Barely
U.S. worker productivity barely grew from January through March after shrinking in the final three months of 2012.
U.S. worker productivity barely grew from January through March after shrinking in the final three months of 2012.
Manufacturing growth pulled back to its slowest pace in six months in April as new orders and employment cooled, the latest signal the economy has hit a soft spot.
Pfizer reported lower-than-expected quarterly earnings and revenue and the largest U.S. drugmaker trimmed its full-year profit outlook.
Kodak has agreed to sell its personalized and document imaging businesses to its U.K. pension plan as part of an agreement that settles $2.8 billion in claims.
J.C. Penney confirmed Monday that Goldman Sachs will provide it with $1.75 billion in financing, confirming rumors that first surfaced Friday.
Burger King says its first-quarter earnings more than doubled even though revenue fell, as the fast-food chain trimmed several restaurant-related expenses.
UPS reports a higher first-quarter profit attributable in part to post-holiday consumer spending.
Exxon Mobil's quarterly profit edged up, as the world's largest publicly traded oil company's results were helped by higher earnings in its chemicals business.
United Continental Holdings posted a smaller quarterly loss on Thursday, as the world's largest carrier was helped somewhat by lower fuel prices and higher passenger revenue.
Higher fares are helping Southwest Airlines make more money than Wall Street expected, but the company says automatic federal spending cuts could hurt revenue in April.
Xerox reported first-quarter earnings that beat expectations but said second-quarter profit would miss estimates as it restructures to become a broader technology company.
Washington's budget tightening is having a minimal effect on businesses, a survey of business economists released Monday shows.
Rejecting Medicaid expansion could have unexpected consequences for states where Republican lawmakers remain steadfastly opposed to the new federal health care law.
At the start of a new week, all eyes are on Greece. E.U. finance ministers postponed agreement on a bailout until they see proof that its government will follow through on austerity measures. Meanwhile, some big U.S. firms are pushing for a generous tax holiday.
As Apple fans line up to snag an iPad 2 when they go on sale Friday, individual consumers won't be the only ones purchasing them. Analysts explain why corporate America is increasingly adopting the popular tablet computer.














