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Storm damages three Boeing buildings in Wichita

WICHITA, Kan. • Wichita aircraft manufacturing sites were damaged in the heavy weekend storms and tornadoes that hit the area.
Boeing says the storms that started late […]

US executives at bailed-out firms have pay cut

Top executives at three companies bailed out by U.S. taxpayers during the 2008 financial crisis were ordered to take pay cuts by the federal government.
The […]

Keystone pipeline: Separating reality from rhetoric

President Obama stopped in Cushing, Okla., on Thursday to announce a fast-track approval process for a portion of the Keystone XL oil pipeline — […]

A little extra inflation would backfire: Volcker

The U.S. economy is recovering “pretty well” and trying to juice it up by allowing a little extra inflation would be disastrous, Paul Volcker, […]

Conoco says reaches China spill compensation deal

ConocoPhillips said Wednesday that it and China National Offshore Oil Corp. reached a $160 million agreement to settle compensation claims from oil spills off northeastern […]

Italy raises $14 billion at much lower cost

Italy saw investors more willing to part with their cash Wednesday as it raised euro10.7 billion ($14 billion) in a pair of auctions, a sign […]

UN warns of possible new recession

The United Nations has sharply cut its economic projections for global growth and says that the world is at risk for a new recession.
The U.N.’s […]

Study shows many large companies pay little or no taxes

A new report on corporate taxation identifies Tenet Healthcare Corp., Boeing Co., and Wells Fargo & Co. as among 30 profitable companies nationwide that paid […]

AutoNation net income up 24 percent

AutoNation Inc. says that its third-quarter profit rose 24 percent on higher new and used vehicle prices.
The nation’s largest auto dealership chain said Thursday that […]