Business News

Industry: Philadelphia soda tax killing sales, layoffs loomSome Philadelphia supermarkets and beverage distributors say they're gearing up for layoffs because the city's new tax on soft drinks has cut beverage sales by 30 percent to 50 percent, worse than the city predicted
The Associated Press22 minutes ago
Trader William McInerney, center, works on the floor of the New York Stock Exchange, Wednesday, Feb. 22, 2017. Declines in energy and industrial stocks are leading U.S. indexes slightly lower in early trading as the market comes off a record closing high the day before. (AP Photo/Richard Drew)
Stocks slip from record highs as energy companies fallUS indexes take small losses as energy companies fall with the price of oil and technology stocks ease back from some of their recent gains
The Associated Press28 minutes ago
Managing director of the International Monetary Fund, IMF, Christine Lagarde, left, meets German chancellor Angela Merkel, at the chancellery in Berlin, Wednesday, Feb. 22, 2017.  (Michael Kappeler/dpa via AP)
IMF: No haircut for Greek debt but more reforms are neededInternational Monetary Fund head Christine Lagarde says she sees no need for a "haircut" of Greek debt but that Athens needs to make "significant progress" on reforms
The Associated Press1 hour ago
France: PSA-Opel deal would be good news if jobs are savedFrance's finance minister says a possible PSA Group takeover of General Motors' German subsidiary Opel could help both companies if it doesn't lead to job cuts
The Associated Press1 hour ago
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