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RICHMOND, Va. (AP) Dollar Tree says its net income increased 15 percent in the first quarter as consumers spent more at the discount retailer, but shares slid on its...
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Investing/Stocks
Wall Street futures follow European markets lower
U.S. stock futures are following European markets downward with few economic indicators at home and little in the way of quarterly earnings results from major corporations.
Wall Street futures slip after unemployment claims data
U.S. stock market futures were down today after disappointing news on unemployment applications, mixed earnings reports from major companies and a decline in most major European markets.
Wall Street futures slide amid economic tremors from Europe
U.S. futures are sliding on new data out of Europe that shows government debts are piling up.
Wall Street futures advance
Stock futures are rising ahead of the week's last session with earnings at so many major U.S. corporations faring better than expected and some fresh optimism from Europe.
Strong earnings reports power Wall Street futures higher
U.S. corporate earnings are back in focus, sending stock futures higher on some strong results. Wall Street is also expecting some positive jobs and housing numbers.
Consumer News
FTC fines Skechers over "shape-ups" shoe ads
Skechers USA Inc. will pay $40 million to settle charges by the Federal Trade Commission. Virginia will receive part of the settlement
Virginia to conduct annual pesticide disposal in September
The Office of Pesticide Services will collect unwanted, outdated or banned pesticides
Boosted by auto sales, U.S. factory output rises for April
U.S. factory output increased in April, helped by a gain in auto production. Busier factories have driven stronger hiring this year and helped the economy grow.
U.S. housing starts rise 2.6 percent for April
U.S. builders began work on more homes last month, evidence that the battered housing market is slowly healing.
U.S. Postal Service stops closure of urban stations
The facilities in many cities serve as neighborhood post offices
Business News
Dollar Tree 1Q sales rise; shares fall on outlook
RICHMOND, Va. (AP) Dollar Tree says its net income increased 15 percent in the first quarter as consumers spent more at the discount retailer, but shares slid on its outlook. The chain said Thursday it earned $116.1 million, or $1
Human Genome adopts 'poison pill' measure
ROCKVILLE, Md. (AP) Human Genome Sciences says its board has adopted a "poison pill" shareholder rights plan to ward off unsolicited takeover bids for the biotech drugmaker. The plan will dilute holdings if anyone attempts to acquire 15 percent or
Workers at East Hartford bottling plant strike
EAST HARTFORD, Conn. (AP) Unionized workers at a Coca-Cola bottling plant in East Hartford have gone on strike, seeking either a pay raise or to maintain their current health benefits. More than 350 members of Teamsters Local 1035 walked off
Honda recalls nearly 53,000 Acura TL sedans in
DETROIT (AP) Honda says it's recalling nearly 53,000 Acura TL sedans in the U.S. to fix a problem with power steering hoses. The hoses can deteriorate over time and leak fluid. That can cause the cars to lose power steering
Bulgaria imposes full smoking ban in public places
SOFIA, Bulgaria (AP) Bulgaria's parliament has adopted a total ban on smoking in indoor public places, after earlier attempts failed due to strong opposition from restaurant owners. The ban, which was approved on Thursday and comes into force on June
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