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Business News

Stocks trade flat after mixed economic reports (AP)

The Wall Street sign is seen in front of the New York Stock Exchange, October 8, 2009 file photo. REUTERS/Chip EastAP - Stocks shuttled in a tight range Friday after mixed reports on retail sales and business inventories gave investors little new insight into the economy.


A happy surprise in retail sales figures (AP)

In this Feb. 24, 2010 photo, a Gap store is seen in Paramus, NJ. Retail sales post surprising 0.3 pct February increase raising hopes economy gaining momentum. (AP Photo/Seth Wenig)AP - Retail sales posted a surprising increase in February as consumers did not let major snowstorms stop them from racking up purchases. The advance, the biggest since November, provided hope that the recovery from the Great Recession is gaining momentum.


Infant deaths prompt gov't warning on slings (AP) AP - The government is warning that those chic baby slings that hip moms and dads are sporting these days can be dangerous, even deadly for their little ones.FDA warns some patients cannot process Plavix (AP) AP - The Food and Drug Administration is adding its strongest warning to the label for Plavix after reports that some patients cannot process the blood thinning drug.UBS says IRS has 20 Swiss banks in its sights (AP) AP - Embattled UBS AG has warned that Switzerland's financial industry is at risk unless lawmakers approve a tax treaty with the United States, and that other Swiss banks may be next to face pressure from U.S. regulators.