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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The Coca-Cola Co. is trying mid-calorie sodas again with its Sprite and Fanta.
A spokesman for the Atlanta-based company says the drinks will be tested in […]

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Britain

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 […]

The Treasury Department says it will sell more of its shares of common stock in insurance giant American International Group to recoup more of the […]

U.S. stock market futures are rising modestly after General Motors Corp. posted first-quarter results that beat Wall Street expectations and the European Central Bank kept […]

The American economy grew slower than predicted in the first quarter, as government spending cuts offset a pickup in consumer spending.
Gross domestic product, the […]

Arch Coal elected Deck Slone as the company’s senior vice president of strategy and public policy.
His appointment is effective June 1, and Slone will report […]

Stronger profits from Microsoft, McDonald’s and other major U.S. corporations pushed stocks higher Friday. Optimism from Europe helped brighten the mood.
The Dow Jones industrial average […]

U.K. jobless claims rose less than economists forecast in March and a broader measure of unemployment fell for the first time for almost a year, […]