US Business News

Clean-Coal Power Plant Loses Steam

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The future of the most expensive fossil-fuel power plant built in the U.S. is facing new pressures after a Mississippi utility backed out of its commitment to help pay for the clean-coal project.

EDF Bids for Areva's Reactor Unit

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French state-controlled power utility EDF made a preliminary offer for the reactor unit of nuclear-engineering firm Areva of €2 billion ($2.2 billion).

A Home Buyer's Guide to a Seller's Market

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House prices are rising and bidding wars are breaking out in many markets. Here’s how to get what you want without overpaying.

Senate Approves Fast-Track Trade Legislation

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The Senate passed major trade legislation that would pave the way for President Barack Obama’s signature Pacific trade deal, sending the bill toward an uncertain fate in the House.

BookCon Opens Its Arms to TV Stars, Erotica

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BookCon, the literary cousin of Comic Con, will aim to drum up buzz for new titles by letting book fans mingle with celebrities like Mindy Kaling and Judy Blume.

Yellen: Fed on Track to Raise Rates This Year

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Federal Reserve Chairwoman Janet Yellen said the central bank is on track to raise interest rates this year but will likely proceed cautiously.

Restructuring Firm Chief Sees Renewed Demand in Asia

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The chief of restructuring firm AlixPartners discusses missteps that global companies made in expanding in Asia and why a wave of corporate restructuring is inevitable.

'Massive Shift' Underway in Search for New Supply Chain Talent

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The growing role of technology and globalization are creating demands in hiring for skills beyond traditional oversight of supply chains,

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