All posts tagged "Business"

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  Olive Garden to open Plaza las Américas location

  SAN JUAN – With a modern design, new services and a $2.5 million investment, Olive Garden will open its doors in Plaza las Américas next week, becoming the first restaurant in the franchise to be located in...

  • Posted March 2, 2017
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  US stock indexes move lower in afternoon trading; oil falls

    A sharp slide by Target and other big retailers weighed on U.S. stock indexes late Tuesday afternoon, steering the market on course for a lower close. Industrial stocks and phone companies were among the big decliners,...

  • Posted February 28, 2017
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  US consumer confidence rises to highest level since 2001

  WASHINGTON — U.S. consumer confidence climbed to the highest level in more than 15 years, good news for the economy. The Conference Board said Tuesday that its consumer confidence index rose to 114.8 in February from 111.6...

  • Posted February 28, 2017
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  US economy grew at weak 1.9 percent rate in 4th quarter

  WASHINGTON — The U.S. economy grew at an anemic 1.9 percent rate in the fourth quarter, unchanged from an initial estimate, although consumers performed better than first thought. The increase in the gross domestic product, the broadest...

  • Posted February 28, 2017
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  US home prices rise in December at fastest pace in a year

  WASHINGTON — U.S. home prices rose in December from a year earlier at the fastest pace in 11 months, as prospective buyers bid against each other for a limited supply of available property. The Standard & Poor’s...

  • Posted February 28, 2017
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  Takata pleads guilty in air bag scandal, agrees to pay $1B

  DETROIT – Japanese auto parts maker Takata Corp. pleaded guilty to fraud Monday and agreed to pay $1 billion in penalties for concealing an air bag defect blamed for at least 16 deaths, most of them in...

  • Posted February 27, 2017
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  New highs for US stocks; Dow win streak longest since 1987

  Wall Street notched another set of milestones Monday as the Dow Jones industrial average closed at a record high for the 12th consecutive time, the longest winning streak for the 30-company average in 30 years. The Standard...

  • Posted February 27, 2017
• Fewer Americans signed contracts to buy homes in January

  WASHINGTON — Fewer Americans signed contracts to purchase homes last month as rising prices, higher mortgage rates and a dwindling supply of available homes appeared to frustrate many potential buyers, especially in the West. The National Association...

  • Posted February 27, 2017
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  US durable goods orders jumped 1.8 percent in January

  WASHINGTON — U.S. businesses boosted their orders for long-lasting manufactured goods in January by the largest amount in three months, but a key category that tracks business investment plans slipped. Orders for durable goods rose 1.8 percent...

  • Posted February 27, 2017
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  Doubts over merger of London Stock Exchange, Deutsche Boerse

  LONDON — The London Stock Exchange’s merger with Deutsche Boerse has been thrown into doubt after the LSE decided it couldn’t comply with last-minute conditions imposed by European regulators. The deal, announced almost a year ago, would...

  • Posted February 27, 2017