US Business News

U.S. Consumer Prices Climb for Third Straight Month

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U.S. consumer prices climbed for the third straight month in April, rising 0.1%, in the latest sign inflation is stabilizing.

Spotify Review: Here Comes the All-Around Entertaining App

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Spotify now streams podcasts and video. But, is it enough?

Uber in Talks for $1 Billion Credit Facility With Banks

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Uber Technologies is seeking a $1 billion credit line from banks, which could signal an eventual IPO.

Insurers Seek Hefty Rate Boosts

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Major health insurers in some states propose substantial rate increases for plans sold under the federal health law, setting the stage for an intense debate over the law’s impact.

Janet Yellen: Fed on Track to Raise Rates This Year

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Federal Reserve Chairwoman Janet Yellen said Friday the central bank is on track to raise short-term interest rates this year, but will likely proceed slowly and cautiously.

Bird Flu Outbreak Decimates Egg Supply

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The financial toll of the worst U.S. bird-flu outbreak in history is soaring. The fast-spreading virus has resulted in the deaths or extermination of at least 38.9 million birds. About 10% of the U.S. egg-laying flock has been wiped out.

Wal-Mart Encourages Meat and Egg Suppliers to Curb Antibiotic Use

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Wal-Mart Stores is asking its meat and egg suppliers to curb their use of antibiotics and offer animals more humane living conditions.

Obama Presses Currency Compromise in Trade Pact

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The White House, facing a push by U.S. lawmakers for strong currency manipulation strictures in a major Pacific trade deal, is pitching a less-aggressive approach to keep the deal from toppling.

Nokia Seeks Higher Bids for Mapping Unit

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Nokia said it was in no rush to sell its mapping services, increasing pressure on suitors to raise their bets.

Behind the Rise and Fall of BlackBerry

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“Losing the Signal,” a new book, tells the inside story of Research In Motion’s efforts to take on Apple’s game-changing iPhone. Read an excerpt.

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