Business News
J.C. Penney posts bigger 1Q loss than expected
J.C. Penney 1Q loss widens from a year ago as sales keep falling
Oil reverses early losses, tops $95 a barrel
Oil rises above $95 a barrel, shrugging off latest economic news from US; gasoline at $3.60
Cambodian shoe factory collapse kills 2, injures 7
Part of Cambodian shoe factory collapses, killing 2 workers
Second court invalidates Obama recess appointment
Second appeals court finds Obama recess appointment is unconstitutional
Ticketmaster settles rewards lawsuit for $23M
Ticketmaster, customers agree to $23M settlement over $9-a-month rewards program
Coal ship's Va. departure blocked
US appeals court blocks coal ship detained in Virginia from sailing off to Brazil
GOP's Cuccinelli outlines campaign energy policy
Republican Ken Cuccinelli is proposing cuts to taxes and regulations on energy to stimulate its growth in Virginia if he's elected governor this year.
US rate on 30-year mortgage rises to 3.51 pct.
Average US rate on 30-year mortgage rises to 3.51 percent; 15-year up to 2.69 percent
Senate panel considers labor board nominees
Senate Republicans to oppose some nominees for hobbled labor board
A late fade on Wall Street; Wal-Mart, Disney slump
Wall Street closes lower after a muddled day of trading; Wal-Mart slides on weak sales
US jobless claims jump to highest level in 6 weeks
Weekly US unemployment aid applications jump to 360,000, highest in 6 weeks
Only 2 of 13 small SUVs do well in crash tests
Only 2 of 13 small SUVs perform well in insurance institute front-end crash tests
Google boosts photo offerings to rival Facebook
Google adds photo and other enhancements to Google Plus in effort to rival Facebook
US housing starts fell in April but permits surged
US housing starts dropped 16.5 percent in April, but building permits surged to 5-year high
Greek strikes halt air travel
Flights in Greece halted for 4 hours as unions hold work stoppages against government
Airlines losses narrowed in 1Q to $552 million
Airlines losses narrowed in 1Q to $552M; lobbying group predicts pickup in summer travel
US consumer prices fall 0.4 pct. on cheaper gas
Big drop in gas costs pushes down US consumer prices in April by most in 4 years
Trump goes to court to oppose Scotland wind farm
Donald Trump launches legal action to challenge offshore wind farm approval in Scotland
Merkel, Hollande at odds over Europe's way forward
German and French leaders remain at odds over how to get European economy growing again
Senate panel backs Perez to head Labor Dept.
Senate panel endorses nomination of Perez for Labor post despite GOP opposition



