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State & Nation Business

NEW YORK – Target Corp. reported a 26 percent drop in first-quarter profit as cool temperatures and financial pressures limited customers' appetite for spending.
NEW YORK – Lowe's said Wednesday that its first-quarter net income rose nearly 3 percent, but results fell short of expectations as rainy weather hurt spring gardening sales.
It's going to be another busy Memorial Day weekend on the nation's highways.
CEO pay has been going one direction for the past three years: up.
WASHINGTON – Chairman Ben Bernanke is telling Congress that the U.S. job market remains weak and that it is too soon for the Federal Reserve to end its extraordinary stimulus programs.
WASHINGTON – Sales of previously-occupied U.S. homes ticked up last month to the highest level in three and a half years, helped by a jump in the number of houses for sale.
NEW YORK – ESPN says that it is cutting its workforce.
MINNEAPOLIS – Best Buy Co. on Tuesday reported a loss in its fiscal first quarter as it sold its stake in Best Buy Europe and works on a turnaround plan that includes cutting costs and closing some stores.
WASHINGTON – Apple's CEO is disputing assertions by a Senate panel that the company avoids billions of dollars in U.S. taxes by shifting profits to foreign affiliates.
TAMPA, Fla. – Shareholders at JPMorgan Chase will let Jamie Dimon, the chairman and CEO, keep both his jobs.
ATLANTA – Even though the weather was poor, Home Depot posted an 18 percent increase in its net income for the first quarter thanks to the ongoing housing recovery.
Corn growers in the nation's midsection have been busy making up for lost time in getting their corn crop in the ground, after having to endure a wet spring that slowed seasonal planting to its slowest rate in decades.
CHICAGO – United Airlines has signed a deal that will have SkyWest Airlines run 40 Embraer planes under the United Express brand.
LITTLE ROCK, Ark. – With labor and energy costs on the rise in Asia, Wal-Mart highlighted an effort to promote domestic goods on Monday, including products made by more than 40 Arkansas suppliers.
NEW YORK – Campbell Soup reported third-quarter results that beat Wall Street expectations as a colder winter helped boost soup sales and offset a decline in its V8 drinks.
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