WASHINGTON - U.S. retail sales rose solidly in November, adding to signs of a strengthening economy that could draw the Federal Reserve closer to reducing the pace of monetary stimulus.
Recent Business News
PLANO, Texas - J.C. Penney Co Inc is looking to the past to build its future.
BRUSSELS - U.S. cable group Liberty Global is in takeover talks with Dutch operator Ziggo, its latest move to consolidate the sector in Europe with a deal analysts say could cost around 5 billion euros ($6.9 billion).
MEXICO CITY - Mexico's Congress on Thursday passed a landmark energy reform to open up the country's ailing energy sector to private investment, in what marks the biggest shake up of the ailing state-run industry in 75 years.
- Bank of America Corp has agreed to pay $131.8 million to settle U.S. Securities and Exchange Commission charges that its Merrill Lynch unit misled investors about collateralized debt obligations it structured and sold.
The government has started using manual work-arounds for the various software errors that plague HealthCare.gov, as enrollment starts to increase.