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Business Activity In U.s. Expands In August For Fourth Month

Business Activity in U.S. Expands in August for Fourth Month Manufacturing has improved over the last couple of months and remains at a decent pace, Jacob Oubina, a senior economist at RBC Capital Markets LLC, said before the report. Factories are stabilizing at an OK level where theyre going to be a decent contributor to economic growth in the second half of the year. Another report today showed consumer spending rose less than forecast in July as income growth slowed, indicating further job gains are needed to sustain household purchases. Household purchases, which account for about 70 percent of the economy, rose 0.1 percent after a revised 0.6 percent increase the prior month that was larger than previously estimated, the Commerce Department reported. The median forecast in a Bloomberg survey of economists called for a 0.3 percent rise. http://www.insidecounsel.com/2013/08/30/companies-look-for-new-ways-to-control-litigation
For the original version including any supplementary images or video, visit http://www.businessweek.com/news/2013-08-30/business-activity-in-u-dot-s-dot-expands-in-august-for-fourth-month

McCain Enlists Business on Immigration Amid Party Rift

McCain, Schumer Speak About Immigration Policy Arizonas four Republican House members -- Paul Gosar, Matt Salmon, Dave Schweikert and Trent Franks -- are among those in McCains party who raise concerns about the plan, with a path to citizenship for the estimated 11 million undocumented immigrants in the U.S., that the Democratic-controlled Senate passed June 27. Ground Zero McCain, who describes Arizona as ground zero for the immigration debate, said that gaining the support of at least one of his states Republican representatives could help change the minds of other opponents in their party. It would be very helpful if they just agreed to sit down and negotiate with us, McCain, who turned 77 yesterday, said during an Aug. 27 interview in his Phoenix office. All four of them have been rather quiet. House opposition is imperiling the effort to rewrite immigration policy.
For the original version including any supplementary images or video, visit http://www.bloomberg.com/news/2013-08-30/mccain-enlists-business-on-immigration-amid-party-rift.html

Business news briefs: Judge sets November date in suit over airlines merger

25, a timetable favored by the airlines. The U.S. Justice Department had wanted the trial to start in March, saying it needed more time to prepare for the complex case. The airlines said such a long delay would threaten their merger. Consumer confidence slips over job market speculation The University of Michigan says its measure of U.S. consumer confidence slipped this month from a six-year high in July.
For the original version including any supplementary images or video, visit http://www.post-gazette.com/stories/business/news/business-news-briefs-judge-sets-november-date-in-suit-over-airlines-merger-701446/

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