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Cost‑cutting, share buybacks buoy US defense profits

 

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Germany's private sector expands faster in April: PMI

BERLIN (Reuters) - Germany's private sector expanded faster in April, recovering from a slight slowdown in growth in March, as both manufacturing and services industry...

Oklahoma faces budget crisis despite economic boom

OKLAHOMA CITY (AP) — Oklahoma's oil patch is booming, its capital city is thriving and the unemployment rate is falling through the floor, testifying to...

US, euro zone activity up; China decline slows

NEW YORK/LONDON (Reuters) - The U. S. manufacturing sector expanded in April and the euro zone private sector started the second quarter on its strongest...

New Zealand hikes interest rates again

New Zealand's central bank lifted interest rates for the second time in as many months on Thursday, saying it was necessary to contain inflation as...

French economist's book on inequality tops Amazon list

French economist Thomas Piketty's book on income inequality soared Tuesday to the top of online retailer Amazon's best sellers.

Already running in Amazon's top 100...

US stocks inch up on earnings gains; Apple up

Stocks are finishing slightly higher, led by the technology sector after Apple reported a big earnings gain.

Apple also announced a stock split, a dividend...

Stocks edge higher on earnings gains; Apple up

Stocks are finishing slightly higher, led by the technology sector after Apple reported a big earnings gain.

Apple also announced a stock split, a dividend...

Colorado lawmakers plan to boost marijuana profits

The federal government has reluctantly agreed to let Colorado be the first state to collect taxes from the legal sale of recreational marijuana, but it...

Report: Iran to cut portion of gasoline subsidies

Iranian state television is reporting that the country will cut gasoline subsidies, part of a second round of subsidy cuts delayed since 2012.

The report...

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