Latest News Updates From Bloomberg News

BusinessTechnology

Google, Amazon Ramp Up Express Shipping in Southern California

The fight for online shoppers is heating up in Southern California, with Google expanding next-day delivery and Amazon.com Inc. broadening its same-day service options as the holiday shopping season gets under way.

November 20, 2015
Business

TransCanada Pulls Back Keystone XL Pipeline Application

TransCanada Corp. is withdrawing its application with Nebraska regulators for approval of the Keystone XL pipeline, less than two weeks after President Obama rejected the project.

November 18, 2015
Business

Consumer Borrowing Rose at Faster Pace in September

Borrowing by American households rose at a faster pace in September on increased lending for auto purchases and bigger credit-card balances.

November 6, 2015
BusinessTechnologyGovernment

Orders for Business Equipment in US Unexpectedly Decline

Orders for business equipment unexpectedly declined in September as tepid global markets gave American companies little reason to expand.

October 27, 2015
BusinessGovernmentLogistics

Consumer Confidence Falls in October to Three-Month Low

Consumer confidence fell in October to a three-month low as Americans became less upbeat about the labor market.

October 27, 2015
Business

°®¶¹´«Ã½builder Confidence Reaches Decade High on US Sales Outlook

Confidence among U.S. homebuilders climbed in October to a 10-year high, a sign demand for housing may remain solid in the months to come.

October 19, 2015
Business

US Manufacturing Production Falls for Second Straight Month

Factory output fell in September for a second month as high inventories and lukewarm demand from overseas customers kept American producers bogged down.

October 16, 2015
Business

Retail Sales Rise Less Than Expected as Americans Save More

Consumers in the United States tempered purchases at retailers in September, pocketing the savings from lower fuel costs and making for a weak finish to the third quarter.

October 14, 2015
BusinessLogistics

Broken Rail Caused CSX Derailment in West Virginia, Officials Say

The Department of Transportation's Federal Railroad Administration said the Feb. 16 derailment in Mount Carbon, West Virginia, was caused by a rail defect that was  overlooked during two inspections.

October 9, 2015
GovernmentBusiness

McCarthy Withdraws From House Speaker Race

House Majority Leader Kevin McCarthy, who last week pledged support for long-term highway funding, dropped out of the race for U.S. House speaker on the day his party was poised to nominate him to replace John Boehner, as an internal Republican feud erupted into open warfare on Capitol Hill.

October 8, 2015