Business Stories from July 12, 2013 (Change date)
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U.S. wholesale prices up 0.8 percent in JuneJul 12, 2013 10:49 am - WASHINGTON — A big jump in gasoline prices pushed wholesale inflation up in June by the largest amount in nine months. But underlying inflation showed only a modest gain...
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JPMorgan’s second-quarter profit surgesJul 12, 2013 10:53 am - NEW YORK — JPMorgan Chase, the biggest U.S. bank, says its second-quarter earnings surged from a year ago as profits from investment banking grew. The bank made $6.1 bil...
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US Airways shareholders approve American mergerJul 12, 2013 10:54 am - NEW YORK — US Airways and American Airlines moved closer to creating the world’s biggest airline Friday, as US Airways shareholders overwhelmingly approved their propose...
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Wall Street ekes out a small gainJul 13, 2013 9:44 am - A last-minute turnaround is leaving the stock market with small gains for the day — enough to leave major U.S. indexes at new all-time highs. The Dow Jones industrial a...
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Wells Fargo Q2 profit rises 20%Jul 12, 2013 10:54 am - Wells Fargo, the biggest U.S. mortgage lender, said Friday its second-quarter profit surged 20 percent as it cut expenses. Net income rose to $5.27 billion from $4.40 b...
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UPS says 2Q profit smaller than analysts expectedJul 12, 2013 10:49 am - ATLANTA — UPS says its second-quarter earnings will be hurt as customers use cheaper options. The package delivery and logistics company also says it’s seeing a slowdown...
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Republicans to tackle cuts in food stamp programJul 13, 2013 6:02 pm - WASHINGTON — House approval of a scaled-back farm bill is setting up what could be an even bigger fight over food stamps and the role of domestic food aid in the United ...
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FDA sets new limits on arsenic in apple juiceJul 13, 2013 6:02 pm - WASHINGTON — Parents who have been fretting over the low levels of arsenic found in apple juice can feel better about buying one of their kids’ favorite drinks. The Foo...
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Wheaton's new luxury apartment development nearing move-in dayJul 14, 2013 4:05 pm - Move-in day is about a month and a half away for some of downtown Wheaton's newest residents, and excitement is beginning to build. Morningside Group developers Thursday...
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Suburbs seeing less revenue from taxing districtsJul 13, 2013 8:28 am - Suburban Cook County towns are seeing less revenues from special taxing districts, according to a report released Thursday by Cook County Clerk David Orr's office. Reven...
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