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In August, Southwestern announced it was laying off 102 employees, 80 of them in Arkansas.

China’s economy is slowing, and investors and economists alike worry it might take down the US economy with it. Just two days ago China reported – if you believe official numbers – that its GDP slowed to 6.9 percent, the worst full-year growth rate in a...

The Pacific storm is forecast to drop rain and snow on the western United States on Tuesday as it moves onshore, it said. “In D.C., Baltimore and even Philly, if you are working Friday, leave as early as you can”. It’s just a unsafe situation, and the...

In October 2015, GM launched Let’s Drive NYC, a program to allow residents of a posh apartment building in NY access to vehicles for hire at an hourly rate.

Norfolk Southern’s board of directors has already rejected proposals from Canadian Pacific twice – including one that valued the target at about $27 billion (U.S.) in mid-December.

The center, opened in Italy this week, will help developers gain the skills needed to prosper in the “app economy”, or the economic space surrounding Apple’s App Store.

Chipotle stock is down more than a third since the outbreaks.

The state says Michigan’s annual average unemployment rate fell in 2015, marking the sixth straight yearly decline. The state’s December unemployment rate was one-tenth of a percentage point above the national rate.

Another plunge in the price of crude oil sent stocks sharply lower on Wednesday, bringing the market to its lowest level in almost two years.

The declines come during a week when market turmoil in China helped push crude oil, until last year Canada’s largest export, below $30 per barrel for the first time in 12 years.

The world’s largest retailer is closing 269 stores, including 154 in the US that includes all of its locations under its smallest-format concept store called Wal-Mart Express. Wal-Mart also said it would open 50 to 60 new Supercenters, 85 to 95 new Neighborhood Markets and...

After a calamitous start to the year, oil prices have crumbled further this week after the International Energy Agency (IEA) warned that the market could “drown in oversupply”, with the return of Iranian crude after the lifting of Western sanctions offsetting any...

Obama, who is visiting Detroit on Wednesday, met Tuesday with Flint’s newly elected mayor, Karen Weaver, and appointed a coordinator for federal aid to the city. On his way there, he stopped for lunch in Midtown.

The court will consider undoing lower court rulings that blocked the President’s order.

The IMF on Thursday opens formal nominations for the next term of managing director, with incumbent Christine Lagarde seen as the leading candidate despite possibly facing a trial in France.