Business

Business U.S. factory output falls 0.4 percent in April U.S. factory output falls 0.4 percent in April
U.S. factories cut back sharply on production in April, as auto companies cranked out fewer cars and most other industries reduced output. The weakness suggests economic growth may be slowing this spring.
Business U.S. homebuilder confidence rises in May from April U.S. homebuilder confidence rises in May from April
Confidence among U.S. homebuilders rebounded this month, reflecting improved sales trends during the spring home-selling season and the strongest outlook for sales over the next six months in more than six years.
Business Eurozone recession extends into 6th quarter Eurozone recession extends into 6th quarter
The recession across the economy of the 17 European Union countries that use the euro extended into its sixth quarter - longer than the calamitous slump that hit the region in the financial crisis of 2008-9.
Business Washington state hops in high demand; Cougar Ale on the way Washington state hops in high demand; Cougar Ale on the way
In 1980, Sierra Nevada Brewing Co. founder Ken Grossman effectively put the Cascade hop of Yakima on the map. More than three decades later, Washington State University researchers studying optimal brewing qualities with that same hop recently interned with Sierra Nevada master brewers to hone their brewing skills and learn advanced brewing methods that are being pioneered by American craft brewers.
Business Airbus sales drive 1st quarter profits at parent company Airbus sales drive 1st quarter profits at parent company
European aerospace company EADS said strong deliveries by airplane maker Airbus helped drive higher earnings in the first quarter and laid out the hope that the new A350 long-range aircraft should make its first flight this summer.
Business Idaho spud giant bets on biotech potatoes Idaho spud giant bets on biotech potatoes
A dozen years after a customer revolt forced Monsanto to ditch its genetically engineered potato, an Idaho company aims to resurrect high-tech spuds.
Business Prices paid by U.S. importers fell 0.5 percent Prices paid by U.S. importers fell 0.5 percent
Prices paid by U.S. importers fell in April for the second straight month, pushed lower by another decline in imported petroleum. Falling import prices help keep inflation in check.
Business Natural gas export plans stir debate Natural gas export plans stir debate
A domestic natural gas boom already has lowered U.S. energy prices while stoking fears of environmental disaster. Now U.S. producers are poised to ship vast quantities of gas overseas.