US Business News

Airbus Tightens Belt With Shake-Up

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Airbus Group is to merge headquarters and eliminate an unspecified number of management jobs in a new restructuring plan to improve profitability.

'Deepwater Horizon' Film Poses Fresh Woes for BP

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The new movie, a $100 million-plus production from Lions Gate, doesn’t shy away from unflattering portrayals of BP executives, who are depicted as more concerned about budgets and schedules than safety.

U.S. Consumer Spending Flat in August

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U.S. consumers tapped the brakes in August, signaling slower but sustained growth for a key pillar of the economy.

Consumer Sentiment Climbs in September

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A gauge of U.S. consumer confidence—the University of Michigan consumer sentiment index—rose in September, suggesting households are feeling fairly good about the economy this fall.

Obama Administration Imposes New Requirements on Pay Data, Sick Leave

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The Obama administration on Thursday completed new requirements on business to provide employee pay data by gender and race and for federal contractors to offer paid sick days.

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