Business News

US-Japan trade talks suspended without agreement
Talks between the United States and Japan on a Pacific Rim trade pact have halted for now without any resolution in sight, spoiling plans for a showcase deal during President Obama's visit to Tokyo.
3 minutes ago
Treasury Secretary Lew to visit Detroit on jobs push
U.S. Treasury Secretary Jacob Lew plans to visit Detroit to explore ways to promote job creation and economic growth. Lew on Thursday plans to convene a meeting with foundation leaders to discuss ways the nonprofit sector can help.
4 minutes ago
US oil prices recoup earlier losses on Ukraine woes
The price of oil rebounded Thursday on worries about tensions in Ukraine. U.S. crude for May delivery added 31 cents to close at $101.75 a barrel on the New York Mercantile Exchange.
5 minutes ago
General Motors' first quarter profit dragged down by recalls
General Motors says first-quarter profits fell as a series of recalls dragged down its earnings. It had a net profit of $125 million, the company's worst quarterly performance since it posted a net loss after leaving bankruptcy in 2009.
5 minutes ago
United loses $609M in first quarter as fares don't cover costs
United Airlines is the one U.S. carrier that can't seem to get its act together, losing $609 million during the first three months of this year. And the airline, in part, blamed "historic severe" winter weather for its loss.
6 minutes ago
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