US Business News

Tata Motors Gets a Boost From Jaguar Investment

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India’s largest auto maker is getting a boost from its Jaguar brand’s belated entry into the luxury sport-utility vehicle market and from its release of an entry-level sports car.

Icahn Takes Big Stake in Allergan, Endorses Drugmaker's CEO

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Billionaire investor Carl Icahn took a stake in Allergan PLC and threw his support behind the drug company’s chief executive, Brent Saunders, in a departure from the activist’s usual playbook.

United Flies Further Into China

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The airline recently added nonstop flights to the Chinese city of Xi’an and plans to roll out service to Hangzhou in July, part of a high-stakes bet to expand its leading position in the country.

U.S. Steel Tariffs Create a Double-Edged Sword

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U.S. tariffs are boosting steel prices, helping American producers but raising costs for manufacturers.

Louisville's Secret Past: Disco-Ball-Building Boomtown

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City boosters erect a 2,300-pound mirrored monument to Louisville’s era as America’s capital of disco-ball manufacturing.

Bosses Turn to Loans to Help Employees

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Worried about their financially strapped workforce, a handful of companies are stepping in to offer employees alternatives to payday loans and other expensive financial products.

U.S. Consumer Confidence Declined, Clouding Outlook

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Gauges of U.S. consumer confidence are sending mixed signals, fostering uncertainty about whether the recent pickup in consumer spending will be sustained into the summer months.

Global Economy Week Ahead: Chinese Manufacturing, ECB Meeting, U.S. Jobs

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Though shortened by holidays in the U.S. and U.K., this week will help set the stage for whether the global economy is heading into a summer of strength or doldrums, with Chinese manufacturing data, a European Central Bank meeting and the U.S. jobs report on the schedule.

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