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Bloomberg

Bloomberg

February 02, 2012 | Daily Business Review

Construction spending climbs by most in four months

Construction spending in the U.S. reflected broad-based gains that signal the industry is stabilizing.

By Bloomberg News

1 minute read

May 04, 2012 | Daily Business Review

BP oil spill judge tentatively approves $7.8 billion pact

A judge has given preliminary approval to a $7.8 billion settlement with BP for the 2010 gulf oil spill.

By Bloomberg News

4 minute read

January 18, 2012 | Daily Business Review

Electricity declines 50% as shale spurs natural gas glut

A shale-driven glut of natural gas has cut electricity prices for the U.S. power industry by 50 percent and reduced investment in costlier sources of energy.

By Bloomberg News

1 minute read

August 16, 2012 | Daily Business Review

Mortgage applications declined 4.5 percent last week

Mortgage applications in the U.S. declined last week as fewer Americans purchased homes or refinanced properties.

By Bloomberg News

1 minute read

June 27, 2013 | Daily Business Review

KB Home Reports Narrower Quarterly Loss, Revenue Increase

KB Home, the best-performing U.S. home-builder stock this year, reported a narrower loss for its fiscal second quarter as revenue and selling prices jumped.

By Bloomberg News

2 minute read

March 21, 2013 | Daily Business Review

Home prices climb 6.5% through January

U.S. home prices rose 6.5 percent in the year through January, the biggest jump since 2006, as values surged on the West Coast and in the area including Nevada and Arizona.

By Bloomberg News

2 minute read

January 10, 2011 | Daily Business Review

Fiat raises Chrysler stake to 25% after target is met

Fiat SpA raised its stake in Chrysler Group LLC to 25 percent after the U.S. automaker met the first performance-related target in Chief Executive Officer Sergio Marchionne's five-year turnaround plan.

By Bloomberg News

4 minute read

September 11, 2012 | Daily Business Review

Mortgage-seizure backer says taking delinquent debt in program

San Francisco-based Mortgage Resolution Partners is seeking to profit by providing services to local governments that use their so-called eminent domain powers to force sales of home loans packaged into securities without federal backing.

By Bloomberg News

3 minute read

March 19, 2013 | Daily Business Review

AMR, US Air leaders defend deal criticized as bad for fliers

The proposed merger between AMR Corp.'s American Airlines and US Airways Group would increase fares, reduce service to smaller communities and make it more difficult for low-cost carriers to compete, two consumer advocates said in testimony for a Senate hearing.

By Bloomberg News

2 minute read

August 30, 2012 | Daily Business Review

New York AG probing energy-drink makers

The New York attorney general is investigating PepsiCo Inc., and two other energy-drink makers over their marketing practices.

By Bloomberg News

1 minute read