Latest Business News From Peninsulaclarion.com
Updated: 54 min 1 sec ago
US Treasury bond market at a glance
By The Associated Press
Categories: National News from the Associated Press
US new home sales up 2.3 percent in April
U.S. sales of new homes rose in April and nearly matched the fastest pace in five years, driving the median price to a record high. The gains suggest the housing recovery is strengthening.
Categories: National News from the Associated Press
News Summary: J&J predicts surge of new medicines
BIG PLANS: Johnson & Johnson says it's poised by 2017 to seek regulatory approval for a dozen new medicines and two dozen variations of existing ones.
Categories: National News from the Associated Press
Figures on government spending and debt
WASHINGTON
Categories: National News from the Associated Press
US rate on 30-year mortgages rises to 3.59 pct.
Average rates on fixed mortgages rose for the third straight week, hitting their highest levels since mid-March. Still, mortgage rates remained close to historic lows, a trend that should help sustain the housing recovery.
Categories: National News from the Associated Press
Stocks end lower as investors reassess Fed worries
Stocks are ending the day slightly lower after recouping a big loss early on.
Categories: National News from the Associated Press
J&J expects 10-plus new drug applications by 2017
Johnson & Johnson is developing what could eventually be game-changing treatments for depression and pain, and it's aiming to apply for approval of more than 10 new medicines by 2017, executives said Thursday during a review of the health care giant's medicine business.
Categories: National News from the Associated Press
Big stores nix credit card settlement, file suit
Some of the country's largest retailers, including Target Corp. and Macy's Inc., on Thursday filed a lawsuit against MasterCard and Visa, rejecting a settlement reached last year over alleged fee-fixing.
Categories: National News from the Associated Press
News Summary: US mortgage rates up, but still low
RATES RISE: Average U.S. rates on fixed mortgages rose this week to their highest levels since mid-March. Even with the gains, they remained close to historic lows.
Categories: National News from the Associated Press
Oil tracks gains in stocks, erases early losses
An afternoon recovery in U.S. stock markets helped oil reverse early losses Thursday.
Categories: National News from the Associated Press
Snapple co-founder Leonard Marsh dies at 80
Leonard Marsh, the co-founder of the Snapple beverage brand, has died at age 80.
Categories: National News from the Associated Press
Shareholder adviser firm paying $300,000 fine
A prominent firm in the business of advising big shareholders on how to vote in elections for company directors is paying a $300,000 fine to settle federal civil charges of failing to protect clients' confidential voting information.
Categories: National News from the Associated Press
Stricken Japan nuke plant struggles to keep staff
Keeping the meltdown-stricken Fukushima nuclear plant in northeastern Japan in stable condition requires a cast of thousands. Increasingly the plant's operator is struggling to find enough workers, a trend that many expect to worsen and hamper progress in the decades-long effort to safely decommission it.
Categories: National News from the Associated Press
Kerry Kennedy, farmworker protest Wendy's in NYC
Kerry Kennedy has joined farmworkers protesting outside Wendy's shareholder meeting in New York City.
Categories: National News from the Associated Press
Kerry Kennedy, farmworker protest Wendy's in NYC
Kerry Kennedy has joined farmworkers protesting outside Wendy's shareholder meeting in New York City.
Categories: National News from the Associated Press
House backs variable rate student loans
House lawmakers on Thursday approved legislation that links student loan rates to the ups and downs of the financial markets in spite of a veto threat from President Barack Obama.
Categories: National News from the Associated Press
Wyden: FracFocus 'constructive' tool on drilling
The chairman of the Senate Energy Committee says a website partially funded by the oil and gas industry is a constructive tool that could be used by federal regulators in requiring public disclosure of the chemicals used in hydraulic fracturing operations.
Categories: National News from the Associated Press
House GOP leaders pledge action on immigration
The Republican leaders of the House of Representatives are pledging to act to fix the nation's immigration system but making clear that they will not simply accept legislation passed by the Senate.
Categories: National News from the Associated Press
Review: Google music plan solid, serendipitous
Google's new music service offers a lot of eye candy to go with the tunes. The song selection of around 18 million tracks is comparable to popular services such as Spotify and Rhapsody, and a myriad of playlists curated along different genres provides a big playground for music lovers.
Categories: National News from the Associated Press
Ralph Lauren's 4Q profit rises 35 pct
Ralph Lauren Corp. reported a 35 percent increase in fourth-quarter profit as the luxury retailer benefited from lower cotton prices and cost controls.
Categories: National News from the Associated Press
