Business

Business Briefs – August 16, 2017

Judge OKs Takata Request to Halt Some Lawsuits Over Air Bags DOVER, Del. (AP) – A Delaware bankruptcy judge is temporarily halting the prosecution of lawsuits filed by Hawaii, New…

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Express Scripts to Limit Opioids; Doctors Concerned

Express Scripts, the nation’s largest pharmacy benefit manager will soon limit the number and strength of opioid drugs prescribed to first-time users as part of a wide-ranging effort to curb…

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U.S. Home Construction Slumped in July

Homebuilders pulled back sharply on construction of apartment complexes in July, causing housing starts to tumble to a three-month low. The Commerce Department said Wednesday that housing starts fell 4.8…

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Dollar Revived by U.S. Data Tonic, N. Korea Respite

The dollar hoarded hefty gains on Wednesday after strong U.S. retail sales revived the chance of another Federal Reserve rate hike this year, while Asia stocks inched ahead as tensions…

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Business Briefs – August 15, 2017

U.S. Homebuilder Sentiment Climbs in August WASHINGTON (AP) – U.S. homebuilders are feeling more optimistic about their sales prospects, reflecting a pickup in demand and positive expectations about further growth.…

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Businesses Increase Stockpiles in June

U.S. businesses increased their stockpiles in June by the largest amount in seven months, while sales also rose. The Commerce Department says business inventories rose by a seasonally adjusted 0.5…

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U.S. Retail Sales Jumped 0.6 Percent in July

Consumers went out shopping in a big way in July, pushing up retail sales by the largest amount in seven months. Retail sales advanced 0.6 percent last month, the best…

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German Carrier Air Berlin Filing for Bankruptcy

Germany’s second-largest carrier, Air Berlin, is filing for bankruptcy protection after its main shareholder, Abu Dhabi-based Etihad, said it would make no more financing available. The loss-making airline said Tuesday…

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