WASHINGTON'S LEADING BUSINESS MAGAZINE

Daily Intel

US manufacturing grew in February at slowest pace in a year as orders and employment weakened
WASHINGTON (AP) — US manufacturing grew in February at slowest pace in a year as orders and employment weakened.
Mar 2, 2015 | 3:02 PM
US manufacturing slows as output and hiring weaken
WASHINGTON (AP) — U.S. factories expanded last month at their weakest pace in a year, with orders, hiring and production all growing more slowly. The Institute for Supply Management, a trade group of purchasing managers, said Monday that its...
Mar 2, 2015 | 3:02 PM
US construction spending down 1.1 percent in January
Spending on home construction rose 0.6 percent but spending on nonresidential projects dropped 1.6 percent, reflecting declines in hotels, office buildings and the category that covers shopping centers. Over the course of 2014, spending on offices...
Mar 2, 2015 | 3:02 PM
US construction spending falls 1.1 percent in January with weakness in government projects
WASHINGTON (AP) — US construction spending falls 1.1 percent in January with weakness in government projects.
Mar 2, 2015 | 3:02 PM
Eurozone gets double dose of mildly positive economic news
Official figures from Eurostat showed that the fall in consumer prices eased notably in February, a development that will temper the more alarming predictions that the region is sliding into a protracted period of deflation. The bank's president,...
Mar 2, 2015 | 2:02 PM
US stocks open slightly higher; Freescale jumps on deal
Endo International gained 3 percent after the company reported earnings and revenue that beat analysts' forecasts. European markets edged lower as investor optimism faded over a weekend interest rate cut by the Chinese central bank.
Mar 2, 2015 | 1:02 PM
Cardinal Health offers to buy J&J unit for about $1.94B
NEW BRUNSWICK, N.J. (AP) — Cardinal Health is offering to buy a unit of Johnson & Johnson that makes heart devices for approximately $1.94 billion. Cardinal Health expects the proposed deal to add more than 20 cents per share to its fiscal 2017...
Mar 2, 2015 | 12:02 PM
Texas oil company: Sahara offshore test well not commercial
A 2002 U.N. letter responding to questions of the legality of Morocco signing exploration agreements for the territory concluded that the exploitation of resources "in disregard of the interest and wishes of the people of Western Sahara" would be...
Mar 2, 2015 | 11:02 AM
Germany's RWE completes oil and gas sale to Russian investor
BERLIN (AP) — German energy company RWE says it has completed the 5.1 billion euro ($5.7 billion) sale of its oil and gas exploration and production division to a Russian-linked investment company. RWE AG announced the planned sale of its Dea unit...
Mar 2, 2015 | 11:02 AM