The number of homes that went under contract in April to be sold climbed to the highest level in over 10 years, a sign the housing market is gaining traction and supported by steady job creation and historically low interest rates.
BHP Billiton executives aim to devise a way over the next year to boost copper output from Australia’s biggest underground mine by up to 40%, even before a proposed and long-awaited mega-expansion of its operations here.
Big health plans stung by losses in the first few years of the U.S. health law’s implementation are seeking hefty premium increases for individual plans sold through insurance exchanges in more than a dozen states.
Even after the lifting of international sanctions against Iran, long-standing U.S. banking limitations are impeding the country’s oil resurgence by forcing energy companies to use small lenders or barter to get their deals done.
The world’s largest PC maker by shipments said that although cost cuts helped it raise its net profit by 80% in the first quarter, revenue continued to fall due to slowing PC demand and currency fluctuations.