Business

Business Holiday retail sales forecast to rise by 4.1 percent Holiday retail sales forecast to rise by 4.1 percent
Americans are expected to spend at the highest rate in three years during what's traditionally the busiest shopping season of the year, according to the nation's largest retail industry trade group.
Business Wal-Mart cuts health benefits for some part-timers Wal-Mart cuts health benefits for some part-timers
Wal-Mart Stores Inc. plans to eliminate health insurance coverage for some of its part-time U.S. employees in a move aimed at controlling rising health care costs of the nation's largest private employer.
Business IMF trims forecast for global economic growth IMF trims forecast for global economic growth
The International Monetary Fund slightly lowered its outlook for global economic growth this year and next, mostly because of weaker expansions in Japan, Latin America and Europe.
Business Wealthy giving less to charity; Utah tops states Wealthy giving less to charity; Utah tops states
Even as the income gap widens, the wealthiest Americans are giving a smaller share of their income to charity, while poor and middle-income people are donating a larger share, according to an extensive analysis of IRS data conducted by the Chronicle of Philanthropy.
Business Corporate deals set to return to pre-crisis levels
In a year that's been awash with multi-billion dollar corporate deals, the number and value of mergers and acquisitions is set to grow further, reaching pre-crisis levels over the coming 12 months, consulting firm EY said Monday.
Business Surge of hiring cuts US jobless rate to 5.9 pct. Surge of hiring cuts US jobless rate to 5.9 pct.
In a burst of hiring, U.S. employers added 248,000 jobs in September and helped drive down the unemployment rate to 5.9 percent, the lowest since July 2008.
Business Airbus insider trading trial opens in Paris Airbus insider trading trial opens in Paris
German carmaker Daimler AG and French conglomerate Lagardere SCA are on trial in a Paris criminal court along with seven current and former Airbus executives accused of involvement in insider trading.