U.S. crane-maker Terex Corp.'s talks with a Chinese suitor broke down after disagreement on terms, clearing the way for its planned $1.3 billion disposal of a ports lifting-gear business to competitor Konecranes Oyj.
WASHINGTON U.S. economic growth slowed in the first quarter although not as sharply as initially thought, as a surge in home building and steady inventory accumulation partially offset the impact of modest consumer spending and soft business investment.
The staycation is dead. Long live the great American road trip. Drivers will use 2.2 percent more gasoline this year between Memorial Day and Labor Day than they did in 2015, according to Patrick DeHaan, a senior petroleum analyst for GasBuddy, an ...
Americans are more confident than at any time in almost a year, as cheap gasoline, low interest rates and a rebound in stocks boost the economy's prospects.
NEW YORK The U.S. dollar and world stock indexes edged higher on Friday ahead of a speech by Federal Reserve Chair Janet Yellen that could provide new signals on the timing of a U.S.