Business


Economists predict increase in consumer spending

WASHINGTON (AP) — Consumer spending is likely to pick up this year, while government spending declines at a faster rate, according to a survey of business economists.

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Russian oligarchs foot most of 2014 Sochi Olympics

SOCHI, Russia (AP) — The mountains of Sochi are now home to Potanin’s slope, Gazprom’s gondola lift and Sberbank’s ski jump. The nicknames used by locals and an army of construction workers leave no doubt about who is paying for the 2014 Winter Games: Russia’s business powerhouses.

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United to restart 787 flights on Monday

United Airlines is getting its 787s back in the air.

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Asian stocks rise on signs of steady US recovery

BANGKOK (AP) — Evidence of a steady economic recovery in the U.S. helped push Asian stock markets higher Monday.

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Asia markets up after US delivers positive data

BANGKOK (AP) — Evidence of a steady economic recovery in the U.S. helped push Asian stock markets higher Monday.

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Consumer group flags high SPF ratings on sunscreen

WASHINGTON (AP) — Sunbathers headed to the beach this summer will find new sunscreen labels on store shelves that are designed to make the products more effective and easier to use. But despite those long-awaited changes, many sunscreens continue to carry SPF ratings that some experts consider misleading and potentially dangerous, according to a consumer watchdog group.

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Jamie Dimon under pressure ahead of investor vote

NEW YORK (AP) — Jamie Dimon, chairman and CEO of the country’s biggest bank, faces a key test this week: His shareholders are voting on whether to let him keep both jobs.

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Jamie Dimon under pressure ahead of investor vote

NEW YORK (AP) — Jamie Dimon, chairman and CEO of the country’s biggest bank, faces a key test this week: His shareholders are voting on whether to let him keep both jobs.

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US gas prices up 11 cents over past 2 weeks

CAMARILLO, Calif. (AP) — The average U.S. price of a gallon of gasoline has jumped 11 cents over the past two weeks.

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‘Trek’ does $70.6M but falls short of studio hopes

LOS ANGELES (AP) — "Star Trek: Into Darkness" has warped its way to a $70.6 million domestic launch from Friday to Sunday, though it’s not setting any light-speed records with a debut that’s lower than the studio’s expectations.

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