NEW YORK (Reuters) - U.S. stocks dropped on Thursday on rising tension in Ukraine, which helped erase earlier gains spurred by better-than-expected data on retail sales and the labor market.
The U.S. government is running a deficit that is 23.6 percent lower than in the same period a year ago through the first five months of this budget year, another sign of improvement in the nation's finances.
AMSTERDAM (AP) - Shell's Chief Executive Officer Ben van Beurden says the company will cut capital spending in the U.S. by 20 percent in 2014 after setbacks in its shale gas operations and in Alaska.
Shoppers braved the harsh winter weather and hit the stores in February, sparking a broad-based rebound in retail sales after a tough January.
VIENNA (Reuters) - Industrialist Dmytro Firtash, one of Ukraine's most influential oligarchs with close links to Russia through his gas interests, has been arrested in Austria at the request of the United States.