Latest News Updates From Bloomberg News

Business

TNT Express Posts Loss on Restructuring, Provision in France

TNT Express NV reported a quarterly loss as restructuring measures and a provision to cover potential costs from an investigation into alleged anti-competitive behavior in France bit into the Dutch logistics company’s earnings.

October 27, 2014
Business

Pending °®¶¹´«Ã½ Sales Rise in September

Contracts to purchase previously owned homes rose less than forecast in September, showing housing will take time to gain momentum.

October 27, 2014
Business, Fuel

Gasoline Falls to Lowest Since 2010, Lundberg Says

The average price of regular gasoline at U.S. pumps slid to the lowest level in almost four years, dropping 18.18 cents in the two weeks ended Oct. 24 to $3.076 a gallon, according to Lundberg Survey Inc.

October 27, 2014
Business

New °®¶¹´«Ã½ Sales Were Little Changed in September

Purchases of new houses in the U.S. rose in September, and revisions showed the magnitude of the unfolding recovery was more modest.

October 24, 2014
Business

L.A. Port Chief Predicts Movement in Contract Talks

Contract negotiations between West Coast port operators and dockworkers are progressing toward a tentative agreement in November, the head of the Port of Los Angeles said.

October 24, 2014
Business

Caterpillar Raises Forecast, Sees 2015 Growth Prospects

Caterpillar Inc., the largest construction equipment maker, raised its full-year earnings forecast and said sales may gain in 2015 on an improvement in global economic growth.

October 23, 2014
Business

Leading Indicators Index Shows Economy to Keep Growing

The index of U.S. leading indicators accelerated in September, signaling the world’s largest economy will keep expanding into 2015.

October 23, 2014
Business

Jobless Claims at 14-Year Low Over Past Month

Fewer Americans filed applications for unemployment benefits over the past month than at any time in 14 years as an improving economy prompted employers to hold on to staff.

October 23, 2014
Government

Consumer Prices Rise 0.1% as Inflation Remains Muted

The consumer-price index climbed 0.1% after decreasing 0.2% in August, a Labor Department report showed in Washington.

October 22, 2014
Business

Canadian Pacific Rail Misses Profit Estimates as Stock-Based Pay Rises

Canadian Pacific Railway Ltd., foiled in a bid to merge with CSX Corp., reported third-quarter profit that missed analysts’ estimates as the carrier spent more on stock-based compensation.

October 21, 2014