February 02, 2012 | Daily Business Review
Construction spending climbs by most in four monthsConstruction 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 pactA 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 glutA 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 weekMortgage 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 IncreaseKB 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 JanuaryU.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 metFiat 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 programSan 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 fliersThe 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 makersThe New York attorney general is investigating PepsiCo Inc., and two other energy-drink makers over their marketing practices.
By Bloomberg News
1 minute read