×

Business

UPS grounds fleet of planes indefinitely after deadly crash

A deadly crash has forced UPS Airlines to ground a fleet of planes for inspections and possible repairs that could last through the peak delivery season, the company said Wednesday in an internal memo. The airline grounded its McDonnell Douglas MD-11 fleet indefinitely as it works to meet ...

Consumer confidence slides in US

WASHINGTON (AP) — U.S. consumers were much less confident in the economy in November in the aftermath of the government shutdown, weak hiring and stubborn inflation. The Conference Board said Tuesday that its consumer confidence index dropped to 88.7 in November from an upwardly revised ...

More swings hit Wall Street as stocks finish higher

NEW YORK (AP) — More swings hit Wall Street on Friday, except the U.S. stock market finished higher this time. After bobbing up and down through the morning, the S&P 500 took off and rallied nearly 2% before finishing with a gain of 1%. The Dow Jones Industrial Average climbed 493 ...