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April 22, 2017

WASHINGTON — Americans purchased homes in March at the fastest pace in over a decade, a strong start to the traditional spring buying season.

Sales of existing homes climbed 4.4 percent last month to a seasonally adjusted annual rate of 5.71 million, the National Association of Realtors said…


CSX predicts 25 percent profit jump as restructuring begins

April 21, 2017

OMAHA, Neb. — CSX Corp. expects to deliver a 25 percent increase in profits this year as the railroad works to streamline operations under new CEO Hunter Harrison.

The Jacksonville, Florida-based railroad said that its earnings per share will jump about 25 percent over last year's $1.81, but…


Dangerous air bags finding their way into used cars

April 20, 2017

LAS VEGAS — A Nevada crash that nearly killed a young woman has exposed a hole in the government’s efforts to get dangerous Takata air bag inflators off the road: There’s nothing that prevents the devices from being taken from wrecked cars and reused.

Karina Dorado’s trachea…


Business, politics stoke record sales of Ivanka's brand

April 19, 2017

SHANGHAI — Since her father was elected president of the United States, global sales of Ivanka Trump merchandise have surged and her company has applied for at least nine new trademarks in the Philippines, Puerto Rico, Canada and the U.S. The commercial engine of the first daughter’s…