(NEW YORK) — Nine owners and managers of 7-Eleven stores across Long Island and in Virginia were charged on Monday in a scheme to exploit immigrants from Pakistan and the Philippines, in part by paying them using the stolen Social Security numbers of a child and three dead people.
Most of the defendants were arrested early Monday as …
For the first time in seven years, most U.S. homebuilders are optimistic about home sales, a sign that construction could help drive stronger economic growth in coming months.
The National Association of Home Builders/Wells Fargo builder sentiment index leaped to 52 this month from 44 in May.
A reading above 50 indicates more …
(LOS ANGELES) — News Corp. CEO Rupert Murdoch has filed for divorce from Wendi Deng Murdoch, his wife since 1999, citing a breakdown in the relationship. The matter doesn’t alter the succession plan for the media company, which …
(McLEAN, Va.) — Gannett said it reached a deal to buy TV station owner Belo for about $1.5 billion in cash, significantly boosting its presence in broadcasting.
(WASHINGTON) — The number of Americans seeking unemployment benefits dropped 12,000 last week to a seasonally adjusted 334,000, a decline that suggests steady job gains will endure.
(ATHENS, Greece) — Greek state TV and radio were gradually pulled off the air late Tuesday, hours after the government said it would temporarily close all state-run broadcasts and lay off about 2,500 workers as part of a cost-cutting drive demanded by the bailed-out country’s international creditors.
The conservative-led government …
(DETROIT) — U.S. safety regulators have added about 320,000 older model Honda Odyssey minivans to a widening probe of faulty air bags that affects at least three automakers and more than 2 million vehicles.
Front air bags on …
(NEW YORK) — The Standard & Poor’s ratings agency said Monday it’s getting more optimistic about the U.S. economy. But investors just yawned.
Stocks budged higher when trading opened, shortly after the S&P agency raised its outlook for the U.S. government’s debt rating and credited “the strengths of the economy.” But the gains …
(WASHINGTON) — U.S. employers added 175,000 jobs in May, steady hiring but below the more robust pace that took place during the fall and winter.
(WASHINGTON) — The average U.S. rate on a 15-year fixed mortgage rose above 3 percent this week for the first time in a year, while the rate on the 30-year fixed loan approached 4 percent.
(WASHINGTON) — The number of Americans seeking unemployment benefits fell 11,000 last week to a seasonally adjusted 346,000, a level consistent with steady job growth.
Just two days after refusing a government request to recall 2.7 million older-model Jeeps, Chrysler has decided to do two other recalls totaling 630,000 vehicles worldwide.
