Business Stories from May 16, 2014 (Change date)
-
Largest economies are operating at varying speedsMay 16, 2014 1:01 am - The global economy is plodding ahead in fits and starts as the largest countries struggle to achieve consistent growth. Europe is faltering again. Japan is suddenly sur...
-
Pfizer seeks early approval for breast cancer drugMay 16, 2014 1:01 am - TRENTON, N.J. - Pfizer Inc. said Friday that the Food and Drug Administration will let the drugmaker apply for approval of its heavily touted experimental breast cancer ...
-
Illinois unemployment falls below 8 percentMay 16, 2014 1:01 am - Unemployment in Illinois dropped in April to its lowest level since 2008, falling to 7.9 percent, the state Department of Employment Security said Thursday. The April jo...
-
Adobe's Creative Cloud suffers lengthy outageMay 16, 2014 1:01 am - Adobe's Creative Cloud software subscription service has been inaccessible for the past day for the 1.8 million designers, Web developers and other creative professional...
-
FCC votes to go forward with net neutrality rulesMay 16, 2014 1:01 am - NEW YORK - The Federal Communications Commission voted to go forward with the proposal of new rules that could set standards for Internet providers who wish to create pa...
-
Worry settles over Wall StreetMay 16, 2014 1:01 am - NEW YORK - Wall Street has caught a case of the jitters. Employers are hiring at their fastest pace in 2 ½ years, the economy is expected to expand by a robust 3.5 perc...
-
Study: Political TV ads on health law total $445 millionMay 16, 2014 1:01 am - CHICAGO - A new analysis finds the nation's health care overhaul deserves a place in advertising history as the focus of extraordinarily high spending on negative politi...
-
Government fines GM maximum $35M in safety caseMay 16, 2014 1:01 am - WASHINGTON - U.S. safety regulators have fined General Motors $35 million for delays in recalling small cars with faulty ignition switches that are linked to at least 13...
-
Should voters weigh in on minimum wage?May 16, 2014 1:01 am - State Government Writer mriopell@dailyherald.com SPRINGFIELD - Illinois House Speaker Michael Madigan Friday won initial approval to ask voters in November whether the s...
-
Darden to sell Red Lobster, hold onto Olive GardenMay 16, 2014 1:01 am - NEW YORK - Darden is setting Red Lobster adrift, but betting that it can still turn around Olive Garden's fortunes. The company, which is based in Orlando, Florida, said...