Metro-East News

August 7, 2014

Daily business briefing: Fewer seeking unemployment aid

The Labor Department reports that jobless claims fell last week, another indication of a strengthening economy. Weekly applications for unemployment aid fell by 14,000 to a seasonally adjusted 289,000, the lowest average since February 2006. Read more at ...


Nestle SA's sales and profits have fallen in the first half of the year. The maker of the Haagen-Dazs, Stouffer's and Nescafe brands has recorded a 4.8 percent decline. Learn more at ...


Bank of America is nearing a settlement to resolve an investigation into its role in the sale of mortgage-backed securities before the 2008 financial crisis. The settlement is reported at a value of $16 billion to $17 billion. Find out more at ...


A new reality TV show will spotlight a recycling company. "Human Resources" debuts Friday on the Pivot network. For more information, go to

-- Will Buss, BND business writer

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