Business Highlights
NEW YORK (AP) — Veggie patties have been around for decades, but a wave of startups want to make foods without animal products that look, cook and taste like the real thing.
The stiff rise, reported by the federal statistics office, comes amid the deepest economic downturn in President Vladimir Putin's 15 years in office.
SAN FRANCISCO (AP) — As San Francisco rides a massive building boom fueled largely by growth in tech-based jobs, developers are finally wading into a part of the city long plagued by poverty.
WASHINGTON (AP) — Steady job growth, low mortgage rates and tight inventories helped fuel rising U.S. home prices in October.
Home values have climbed at a roughly 5 percent pace during much of 2015, as strong hiring has bolstered a real estate market still recovering from a housing bust that triggered a recession eight years ago.
WASHINGTON (AP) — A stronger job market lifted consumer confidence in December, a business group said Tuesday.
The Conference Board's consumer confidence index rose to 96.5 this month from November's revised 92.6.
Another gauge of Americans' mood — the University of Michigan's consumer sentiment index — rose this month to the highest level since July.
Dow and DuPont announced earlier this month that they would join to create a giant chemical producer that will eventually be split into three independent companies.
The U.S. Consumer Product Safety Commission said Tuesday that there were seven reports of metal discs flying off the frying pans and three reports of injuries.
In other energy trading in New York, wholesale gasoline rose 4.3 cents, or 3.5 percent, to $1.276 a gallon, heating oil rose 3.9 cents, or 3.6 percent, to $1.23 a gallon, and natural gas jumped 14.4 cents, or 6.5 percent, to $2.372 per 1,000 cubic feet.