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Saturday, May 30, 2015
The U.S. economy went into reverse in the first three months of this year as a severe winter and a widening trade deficit took a harsher toll than initially estimated.
West Virginia University researchers predict that state coal production will drop 39 percent compared with the industry's last high point in 2008 -- less-than-encouraging news for more than 1,800 coal miners who learned last week they would likely lose their jobs.
Friday, May 29, 2015
Anti-mining protesters square off with troops in S. Peru
Dozens of farmers and activists burned tires and briefly occupied a bridge in Peru's southern highlands Wednesday, defying troops sent to quell weeks of deadly protests against a Mexican-owned copper mining project.
Billionaire Elon Musk's firm SpaceX has won long-waited approval from the U.S. Air Force to launch military satellites, opening the way to a lucrative market that has been a virtual monopoly for a Boeing and Lockheed Martin joint venture.
Wednesday, May 27, 2015
Orders to U.S. factories for long-lasting manufactured goods fell slightly in April. But a category that reflects business investment climbed for a second month, a hopeful sign that this key sector is starting to revive.
China's Prime Minister Li Keqiang and Chilean President Michelle Bachelet signed a currency swap deal on Monday seeking to deepen economic ties by boosting trade and investment.
Friday, May 22, 2015
Sales of existing U.S. homes slipped in April due to relatively few listings and rising prices, a trend that could weigh on the recovering housing market.
Thursday, May 21, 2015
The city of Los Angeles voted Tuesday to increase minimum wage from US$9 to US$15 an hour in a move that is expected to boost quality of life for hundreds of thousands of its residents.
The city of Los Angeles voted Tuesday to increase minimum wage from US$9 to US$15 an hour in a move that is expected to boost quality of life for hundreds of thousands of its residents.
Imprisoned Wall Street swindler Bernard Madoff's former controller won't have to go to prison after a prosecutor praised her Tuesday for helping them successfully convict others in his multibillion-dollar fraud.
  
  
  
  
  
  
  
  
  
  
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