WASHINGTON—The U.S. economy expanded more than previously thought in the first three months of the year, but the subdued pace overall suggests it remains vulnerable to a new round of global economic turmoil.
Dow Chemical Co. plans to eliminate about 2,500 jobs and shut plants in North Carolina and Japan as it slims down after taking full control of its Dow Corning Corp.
U.S. stocks rose for the first time since Britain voted to leave the European Union, as banks led a rebound amid optimism that policy makers are committed to limit the fallout from the U.K.
Ikea agreed to immediately stop selling dressers that can too easily tip over onto children after at least six children have been crushed to death by toppling products, the Consumer Product Safety Commission says.
NEW YORK - The latest on developments in global financial markets (all times local): 9:35 a.m.. Stocks are opening solidly higher on Wall Street following even bigger gains in Europe as global markets recover from a two-day rout triggered by Britain's ...