US Business News

States, Cities Clash on Pay and Benefit Rules

Related Link: 

Cities and counties are clashing with state legislators over attempts to bolster workers’ wages and benefits, the latest flashpoint in a national dispute over how to address inequality between the highest- and lowest-earning Americans.

Tata Motors Gets a Boost From Jaguar Investment

Related Link: 

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.

Volkswagen Returns to Profit

Related Link: 

Volkswagen posted a profit in its first quarter on the absence of new emissions-related charges, but operating earnings plunged at its large Volkswagen-brand unit and in China.

Vivendi Wins Majority Backing in Hostile Bid for Gameloft

Related Link: 

Preliminary results of Vivendi SA’s share offer indicate it has prevailed in its efforts to gain control of Gameloft SE, pushing further into video games after re-entering the sector last year.

U.S. Home Prices Jump as Supply Pinch Plays Out

Related Link: 

Home prices across the U.S. rose sharply in early spring amid rising demand and supply constraints, a sign that the lopsided housing-market recovery of the past five years is gaining strength.

U.S. Consumer Confidence Declined, Clouding Outlook

Related Link: 

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.

U.S. Consumer Spending Climbed at Fastest Pace in Nearly Seven Years

Related Link: 

Consumer spending advanced at the fastest pace in nearly seven years in April—jumping 1.0%— in the latest sign the economy is improving after a sluggish start to the year.

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

Related Link: 

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.

Syndicate content