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Tag Archives: companies

Wholesale inventories up in May but sales decline

WASHINGTON — Wholesale companies added to their stockpiles for a 17th straight month in May but their sales declined for only the second time in the past 11 months, providing further evidence of the U.S. economy’s slowdown in the spring. ...

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U.S. companies order more factory goods in May

WASHINGTON — Businesses requested more airplanes, autos, and oil drilling equipment in May The jump in factory orders after a sluggish spring suggests supply disruptions stemming from the Japan crisis are fading. Factory orders rose 0.8 percent in May, the ...

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Companies pulled back on job postings in April

WASHINGTON — U.S. businesses advertised fewer jobs in April than the previous month, a sign that hiring could remain weak in the coming months. Employers posted 3 million job openings, down from 3.1 million from March, the Labor Department said ...

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Weak dollar gives U.S. factories a lift

WASHINGTON — The nation’s manufacturing sector has expanded this year at the fastest pace in a quarter-century, boosted by a weak dollar that has made U.S. goods cheap overseas. Strong factory production could help the economy rebound after experiencing weak ...

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Constellation and Exelon discuss $7.9B merger at press conference

Hours after Constellation Energy announced it agreed to a merger with the Chicago-based energy giant Exelon, the heads of both companies held a press conference at Constellation's building in downtown Baltimore. They talked and answered questions about what the merger means for the companies, for Baltimore and for Maryland.

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Durable goods orders fall 0.9 percent in February

WASHINGTON — Companies trimmed their orders for long-lasting manufactured goods in February, buying fewer computers, machines and primary metals. Durable-goods orders fell 0.9 percent last month, the Commerce Department said Thursday. It was the fourth decline in the past five ...

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Fewer Americans apply for unemployment benefits

WASHINGTON — Fewer Americans applied for unemployment benefits last week, providing support for the view that there will be stronger job growth this year. Applications fell to a seasonally adjusted 385,000 last week, marking the third decline in the past ...

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More US companies covering transgender surgery

SAN FRANCISCO — More and more large corporations, including Coca-Cola, Campbell Soup and Walt Disney, are covering surgery for transgender employees as part of their health plans. The trend follows a concerted push by transgender rights advocates to get employers ...

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Fast growth in service sector points to more jobs

WASHINGTON — Activity at manufacturing and service companies has reached a level not seen since before the recession, suggesting a stronger year for hiring. Some economists are even hopeful that Friday’s employment report may be better than first thought, based ...

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FDA launches website to address company questions

WASHINGTON — The Food and Drug Administration is launching a website explaining its regulations to companies as part of a broader effort to rebrand itself as a more transparent, accessible agency. The website, dubbed “FDA Basics for Industry,” features answers ...

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