Business torrents

J.C. Penney on Tuesday reported a larger-than-expected loss in the first quarter largely because customers were turned off by the retailer’s new plan to get […]

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A Greek exit from the euro could be

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Prices for single-family homes climbed in half of U.S. cities in the first quarter as real estate markets stabilized.
The median sales price increased from […]

Americans’ confidence in the economy was resilient this month despite rising job cuts and falling home values.
The Conference Board, a private research group, said on […]

Foreign central banks’ overall holdings of U.S. marketable securities at the Federal Reserve rose in the latest week, data from the U.S. central bank […]

Chairman Ben Bernanke says the U.S. job market remains weak despite three months of strong hiring and that the Federal Reserve’s existing policies will help […]

African leaders urged countries to boost intra-regional trade to help accelerate economic growth and development on the continent.

Prime Minister Yoshihiko Noda said containing Japan

Iran has begun uranium enrichment at a new underground site built to withstand possible airstrikes, a leading hard-line newspaper reported Sunday in another show of […]

The Sears in the Crestwood Court mall will close, the department store chain confirmed today.
A timeline for the closure was not released by the company, […]