Volvo Said to Near Deal to Deliver Packages to Parked Cars
Working households may soon have an alternative to the modern dilemma of how to take delivery of stuff ordered online: have it dropped off in your car.
November 17, 2014Consumer Sentiment Reaches Seven-Year High
Consumer confidence rose more than forecast in November, reaching a seven-year high and indicating Americans will be in the mood to step up holiday spending.
November 14, 2014UPS Sees Wider Margins as E-Tailing Nears Business Volume
United Parcel Service Inc. sees the boom in online retailing as an opportunity, not a threat, as the delivery company devises new tactics to make e-commerce more profitable, Chief Executive Officer David Abney said.
November 14, 2014Retail Sales Showed Broad-Based Gain in October
American consumers ate out and shopped for clothes in October, enjoying a windfall from cheaper gasoline and prompting a rebound in retail sales heading into the holiday-shopping season.
November 14, 2014Maersk Profit Rises on Container Volume Gain, Cost Drop
A.P. Moeller-Maersk A/S, operator of the world’s biggest container line, said third-quarter profit increased as it cut costs and boosted box volumes.
November 13, 2014Jobless Claims Rise by 12,000
Applications for U.S. unemployment benefits rose more than forecast last week, representing a pause from a recent run of readings close to a 14-year low.
November 13, 2014BNSF Blocks Tank Cars to Ease Rail Traffic Jam
BNSF Railway Co., the carrier owned by Warren Buffett’s Berkshire Hathaway Inc., is blocking some shippers from adding tank cars to its system in a bid to prevent a worsening of the gridlock that sparked regulators’ ire.
November 12, 2014Average Price of Gas Falls Below $3 for First Time Since 2010, Says Lundberg
The average price of regular gasoline at U.S. pumps dropped 13.38 cents to $2.942 a gallon in the two weeks ended Nov. 7, falling below $3 for the first time in almost four years, Lundberg Survey said.
November 10, 2014Icahn Tank-Car Maker Joins Industry Defying Oil’s Decline
Surging railroad tank-car orders at companies owned by billionaires Warren Buffett and Carl Icahn are defying an oil price drop that threatens to slow the U.S. drilling boom.
November 6, 2014Productivity Rises in Third Quarter
The productivity of U.S. workers rose more than projected in the third quarter, helping to contain labor costs even as employment picks up.
November 6, 2014