Retail sales rose by the largest amount in four months in May.
Delta Air Lines Inc. will shave additional capacity later this year.
Investors welcomed a better-than-expected report on jobless claims and growth in retail sales, pushing stocks higher Thursday morning.
The CEO of Southwest Airlines says June revenue looks weaker than May, and he doesn't yet see signs of a turnaround.
House investigative committee says e-mails by Federal Reserve employees raise serious questions about $20 billion in aid provided to BofA to buy Merrill Lynch.
Watch CNBC's Africa Special tonight at 9 p.m. EST, and read Africa: Strictly Business, The Steady March to Prosperity, by TNJ Editor-in-Chief Rosalind McLymont.
Italian automaker Fiat says it has closed a deal to take over Chrysler's good assets.
Home Depot Inc., said Wednesday that its full-year earnings may come in better than expected.
The U.S. trade deficit edged up in April as crude oil prices hit the highest level since December, but the imbalance so far in 2009 is well below last year's pace as the recession dampens demand for imports.
The annual World Economic Forum on Africa has opened.