Business

Business Economists lower forecasts for U.S. growth Economists lower forecasts for U.S. growth
U.S. business economists have sharply cut their growth forecasts for the April-June quarter and 2014, though they remain optimistic that the economy will rebound from a dismal first quarter.
Business Downside of low mortgage rates? Less selling Downside of low mortgage rates? Less selling
Would-be home sellers across the country are grappling with a once-in-a-lifetime problem: They have mortgage rates so absurdly low it would hurt them financially to sell.
Business House votes to make business tax break permanent House votes to make business tax break permanent
The House voted Friday to make permanent a temporary tax break that makes it easier for businesses to invest in new equipment, one of many expired tax breaks that Congress must deal with by the end of the year.
Business Paltry car sales seen as sign of Cuba's priorities Paltry car sales seen as sign of Cuba's priorities
The euphoria that greeted a January reform that lets Cubans buy vehicles from the government without a special permit for the first time in decades turned to anger when the prices were posted.
Business Samsung faces fresh child labor claim in China Samsung faces fresh child labor claim in China
Samsung is facing a fresh accusation that one of its China suppliers hired children to meet production targets during a period of high demand from the South Korean electronics giant.
Business Theme park CEO says job is about making memories Theme park CEO says job is about making memories
Matt Ouimet has spent his first two years as chief executive of Cedar Fair Entertainment Co. making sure that the chain's 11 amusement parks across the country have plenty of attractions for all ages.
Business Want contracts? Work harder, women's organization CEO says Want contracts? Work harder, women's organization CEO says
Pamela Prince-Eason isn't letting women business owners off the hook - if they want more contracts with big corporations or the government, they have to work harder to get them than they do now.
Business Source: American Apparel to receive financing Source: American Apparel to receive financing
American Apparel Inc. has reached a preliminary deal with investment firm Standard General to receive a $25 million investment to bolster the clothing chain's finances, a person close to the negotiations said Wednesday.