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The number of U.S. workers filing for initial unemployment benefits fell by 10,000 in the week ended April 9, the Labor Department said Thursday.

A House committee by a 30-13 vote approved drilling for oil in Alaska’s Arctic National Wildlife Refuge, the Washington Post reported Thursday.

Chris Wolfe resigned as president of Qualcomm Inc.’s wireless business unit and was replaced by Joan Waltman, the company’s vice president of engineering, Qualcomm said Wednesday.

A House committee approved a bill Wednesday that would allow the U.S. Postal Service to raise rates more easily and operate more like a private business, Bloomberg reported.

Crude oil prices continued to fall Wednesday, dropping below $51 a barrel following a Department of Energy report showing strong inventories for both oil and gasoline.

U.S. BioTec Inc. said Wednesday that its new logistics subsidiary, TelStar Logistics Corp., began operations this week.

U.S. economic growth will average 3.6% this year, the fastest among the world's leading industrialized nations, according to a new International Monetary Fund report, Bloomberg reported Wednesday.

Truckload carrier U.S. Xpress Enterprises Inc. said it had acquired 41% interest in trucking company Total Transportation of Mississippi and companies affiliated with TTMS.

March retail sales rose 0.3%, the Commerce Department reported Wednesday, less than forecasters had predicted.

Annette Sandberg, administrator of the Federal Motor Carrier Safety Administration, last week asked a Senate subcommittee to include truck drivers’ hours-of-service rules in the multiyear highway funding bill because it would help establish clear guidelines and eliminate the uncertainty surrounding the issue.