Unseasonably warm weather and new fashion trends helped spark early spring apparel sales during February and raised hopes that consumers might begin spending more freely and speed the economic recovery.
China has agreed to phase in a new requirement that biotech crops be certified for their safety, clearing the way for shipments of U.S. soybeans to resume.
McDonald's is reportedly close to settling lawsuits filed by vegetarians accusing the restaurant chain of concealing the use of beef extract in its French fries.
Delta Air Lines has decided to dump Arthur Andersen LLC as its auditor after more than five decades, choosing Deloitte & Touche to serve as the airline's new accountant.
New claims for unemployment insurance dipped slightly last week, continuing an overall slide this year that indicates companies are easing layoffs as signs of economic recovery bloom.
The future of a top Agriculture Department nominee is in doubt after he acknowledged that his Iowa farm was once forced to repay $17,000 in subsidies to the government.
Buoyed by rising technology and financial issues, Tokyo's blue-chip stock index surged Thursday to its highest finish in seven months amid forecasts that the U.S. economy may be on the path to recovery.
