Business

Business JPMorgan's second-quarter net income falls JPMorgan's second-quarter net income falls
JPMorgan Chase, the nation's largest bank by assets, said Tuesday its second-quarter earnings fell 9 percent as revenue at its investment banking and mortgage businesses dropped.
Business VW to build new SUV in Tennessee, add 2,000 jobs VW to build new SUV in Tennessee, add 2,000 jobs
Volkswagen plans to build a new seven-passenger SUV at its factory in Chattanooga, Tennessee, adding about 2,000 factory jobs as it tries to reverse U.S. sales that have fallen for the past two years.
Business The World Cup's big winner? Merchandise The World Cup's big winner? Merchandise
The once-every-four-years consumer frenzy, dubbed by some as the "World Cup Effect," drives the sale of everything from the traditional jerseys and cleats to unusual items such as team-endorsed windshield wiper fluid to Versace T-shirts and, yes, mobile phone apps.
Business Aronia berry gaining market foothold in U.S. Aronia berry gaining market foothold in U.S.
A new fruit that research says packs more antioxidants than popular "superfoods" like blueberries, acai berries and goji berries is establishing itself in the aisles of mainstream grocery stores, showing up in everything from juices to powdered supplements to baby food.
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.