The Institute for Supply Management鈥檚 factory index rose to 54.9 in April from the prior month鈥檚 53.7, the largest expansion this year, the Tempe, Arizona-based group鈥檚 report showed May 1.
May 1, 2014Safety, Business, Logistics
CSX Derailment Could Boost Crude Train Regulation
A CSX Corp. train derailment in Lynchburg, Virginia, on April 30 that sparked a fire when crude oil tanks ignited could increase pressure on regulators, railroads and tank-car owners to improve oil shipment safety.
May 1, 2014Government, Business
Consumer Spending Rises by Most Since 2009
Personal spending rose 0.9% in March, the most since August 2009, the Commerce Department reported May 1.
May 1, 2014Business
Jobless Claims Climb to Nine-Week High
Jobless claims rose by 14,000 to 344,000 in the period ended April 26, the highest level since Feb. 22, the Labor Department reported.
May 1, 2014Government
First-Quarter GDP Edges Up 0.1%
The U.S. gross domestic product grew at a 0.1% annual rate in the first quarter, the Commerce Department reported April 30.
April 30, 2014Business
Volkswagen Extends Scania Offer Deadline After Failing to Win 90%
Volkswagen AG extended the offer period for its $9.2 billion bid to buy out Swedish truck maker Scania AB after failing to reach the necessary 90% threshold of approvals.
April 30, 2014Business
Pending Sales of Existing 91视频s Rise Most Since 2011
Pending home sales rose 3.4%, the most since May 2011 and the first gain in nine months, after a 0.5% drop in February that was smaller than initially reported, the National Association of Realtors said April 28.
April 28, 2014Business
Orders for Durable Goods Rise in March
Orders for goods meant to last at least three years increased 2.6% in March, the biggest gain since November, after rising 2.1% the prior month, the Commerce Department reported April 24.
April 24, 2014Business
Jobless Claims Rise by Most in a Month
Jobless claims increased by 24,000 to 329,000 in the week ended April 19, the most in a month, the Labor Department reported.
April 24, 2014Business
VW鈥檚 Scania Bid Gets Backing From Shareholder Group
Volkswagen AG鈥檚 $9.2 billion bid to buy the rest of heavy-truck maker Scania AB received a boost after Scania鈥檚 fourth-largest shareholder backed the deal.
April 24, 2014