Joel Velis

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Greek Signals of Compromise Send Markets Soaring

Ministers’ European Tours Feed Hopes of Negotiated Deal Between Athens and Creditors<p>Greece’s new leaders, on a hopscotch tour of European capitals, convinced markets on Tuesday they are eager for a deal with creditors, but their still fuzzy proposals await a harder hearing from Athens’s toughest …

Economics

Group seeks N. Dakota's first tobacco tax increase since '93

BISMARCK, N.D. (AP) — A bipartisan group of North Dakota lawmakers and interest groups seeking to discourage tobacco use are supporting a measure …

North Dakota

Tyson Forecasts Higher Poultry Margins

Top U.S. Meatpacker Tops Earnings Expectations on Surging Sales<p>Tyson Foods Inc. forecast improving profit margins in its chicken business and said an unexpected increase in U.S. hog supplies would bolster its pork-processing operations this year.<p>The top U.S. meatpacker by sales also stands to …

Chevron Posts Lowest Quarterly Profit in Five Years

Oil Major to Pare Capital Budget by 13%, End Buybacks to Offset Low Crude-Oil Prices<p>Chevron Corp. said it would trim ambitious spending plans and stop buying back its shares as the collapse in oil prices erased billions of dollars from the company’s cash flow.<p>The San Ramon, Calif., company on …

Savings at the Pump Are Staying in Wallets

Cautious Consumers Are Choosing to Sock Away Extra Cash<p>Americans are taking the money they are saving at the gas pump and socking it away, a sign of consumers’ persistent caution even when presented with an unexpected windfall.<p>This newfound commitment to frugality was illustrated this past week …

Gasoline

U.S. Economy Hits Speed Bumps

Strength in Consumer Spending Is Challenged by Weakness Abroad, Wary Businesses<p>The U.S. economy entered 2015 on the most robust streak of consumer spending in years, yet when the first growth figures for 2014 came out Friday they underscored the lack of vigor in the current expansion.<p>Gross domestic …

U.S. Economy