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.
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.
Qualcomm is in talks to acquire NXP Semiconductors, a deal that would likely be valued at over $30 billion and represent the latest merger in a rapidly consolidating semiconductor industry.
The U.S. economy appears to be growing at its fastest pace in two years, buoyed by firm consumer spending, stronger exports and positive—though still modest—business investment.
Airbus Group is to merge headquarters and eliminate an unspecified number of management jobs in a new restructuring plan to improve profitability.
Salesforce.com said it would press regulators in the U.S. and Europe to block Microsoft’s $26.2 billion acquisition of LinkedIn, citing antitrust issues.
The Swedish fashion retailer posted a 9% drop in third-quarter profit after an August heatwave at the time of its autumn-and-winter collections’ launch forced it to mark down prices on woolen hats, coats and pullovers.
Consumer spending leveled off in August, a sign of caution among households amid lackluster economic growth.
Inflation is finally rising in the eurozone. But the European Central Bank can’t take much of the credit. All the movement is in energy prices.
Third-quarter numbers offered scant evidence of recovery at the Swedish fashion retailer.