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Business: Page 1401

Italian economy to shrink, unemployment to explode
Italian economyTuesday May 7, 2013 7:05AM ET
Italy's economy is to shrink by 1.4 percent this year and grow by 0.7 percent next year while unemployment will rise to a record high of 12.3% in 2014, according to the national statistics agency ISTAT.
EPA to give $569 million for Sandy water treatment
U.S. Environmental Protection Agency (EPA) SandyMonday May 6, 2013 7:15AM ET
The U.S. Environmental Protection Agency (EPA) will provide grants of $340 million to the state of New York and $229 million to the state of New Jersey for water treatment facilities impacted by Hurricane Sandy.
New York tobacco retailers blame mayor for black market
New York tobaccoMonday May 6, 2013 6:15AM ET
The New York Association of Grocery Stores railed against the New York City Mayor Michael Bloomberg's proposal to ban in-store displays of tobacco.
Soft drinks sales hit by diabetes research
Soft drinksMonday May 6, 2013 5:15AM ET
The global market for soft drinks stands at around $300 billion annually, according to MarketLine. However, producers won't like the newest study that connects soft drinks and type 2 diabetes.
Scottish oil sales grow 14 years in a row
Scottish oilMonday May 6, 2013 4:15AM ET
Latest figures from the annual oil and gas survey of Scottish sales in the world show a 5.8 percent increase in total sales and the total value of 17.2 billion pounds.
To keep clients banks need mobile apps
Mobile bankingFriday May 3, 2013 9:34AM ET
Banking convenience dominates all options amongst reasons to stay with banks, according to a new study by Harris Interactive.
Inspectors expose dangerous chemicals in poultry plants
PoultryFriday May 3, 2013 7:02AM ET
The Government Accountability Project (GAP) has issued evidence regarding the use of chemicals in the U.S. poultry industry. The evidences points to threat to consumers' health.
U.S. trade deficit shrank to $38.8 billion
US exportFriday May 3, 2013 6:12AM ET
The U.S. trade deficit narrowed in March for a second month in a row. The daily flow of imported crude oil dropped to the lowest level in 17 years and the trade deficit with China hit a three-year low.
Crop biotechnology benefit at the farm level $19.8 billion
Crop biotechnologyFriday May 3, 2013 5:20AM ET
In 16 year of adoption, crop biotechnology has delivered a great benefit to farmers, as well as providing considerable environmental benefits to both farmers and citizens, according to PG Economics.
China is investing $810 million in Beidou
BeidouFriday May 3, 2013 3:45AM ET
China will invest $810 million (5 billion yuan) in an industrial park to make products for Beidou, a Chinese navigation satellite system.
China factory growth slows in April
China factoryThursday May 2, 2013 7:55AM ET
Growth in China's manufacturing sector slowed in April: Purchasing Managers' Index of the manufacturing sector declined to 50.6 from 50.9 in March.
FDA to investigate caffeine in children food
FDA caffeineThursday May 2, 2013 6:45AM ET
The Food and Drug Administration said it will investigate the safety of added caffeine and its effects on children and adolescents.