Industrials

The executive who led American Airlines successfully through bankruptcy reorganization but did not remain long after a huge merger with another carrier has joined the board of Wal-Mart.

Sapphire materials maker GT Advanced Technologies, which filed for Chapter 11 bankruptcy reorganization in October, said Thursday that the Securities and Exchange Commission has opened an inquiry into its business.

A manufacturer of sapphire glass that Apple Inc. uses in iPhones told a bankruptcy court Friday that it wants to shut down a Mesa factory that was once touted as a big job creator for Arizona.

Independent governor's race candidate Eliot Cutler accused Republican Gov. Paul LePage on Tuesday of leaving taxpayers on the hook for $15.9 million over seven years with a failed deal that aimed to save a pulp and paper manufacturer that recently filed for bankruptcy.

Alcoa plans to cut 147,000 tons of capacity at two aluminum smelters in Brazil as increased costs have made the plants uncompetitive.

Amazon.com's low prices and seemingly endless array of goods have made it the biggest online retailer in the U.S., commanding about 20 percent of all e-commerce.

Amazon has a place in many Americans' lives because of its low prices and seemingly endless array of goods.

How top food companies are joining the flock on ditching antibiotics

Kraft announces it will rid its popular Mac & Cheese of synthetic colors and artificial flavors.

Fine cigars are definitely catching on like fine wines and one company that specifically caters to this market is the Gurkha Cigar Group.

One thing seems abundantly clear: the Craft Beer craze is here to stay. And the relative ease in which it takes to find a brewery and a bevy of some very interesting beer choices likely makes the quest for a cold craft brew that much more enticing.

U.S. builders started work on single-family houses last month at the fastest pace since the Great Recession began in late 2007.

U.S. home prices rose at a steady pace in May, pushed higher by a healthy increase in sales this year.

The U.S. housing market has sizzled this summer, lifting expectations that home sales will finally help drive an economic expansion now in its seventh year.

U.S. builders broke ground on apartment complexes last month at the fastest pace in nearly 28 years, as developers anticipate that recent jobs gains will launch a wave of renters The Commerce Department said Friday that housing starts in June climbed 9.8 percent to a seasonally adjusted annual rate of 1.17 million homes.

Average long-term U.S. mortgage rates edged slightly lower this week after rising for three straight weeks.

U.S. homebuilders opened the spring buying season in March at a slower pace than last year.

Steady hiring is supposed to fire up economic growth.

Construction of new homes plummeted in February, as fierce winter weather froze housing starts in the Northeast and Midwest.

The Commerce Department reports on U.S. home construction in January.