US factory output rises just 0.1 pct. in September

WASHINGTON — U.S. factories barely boosted their output in September, adding to other signs that the economy was slowing even before the government shutdown began on Oct. 1. Manufacturing production rose only 0.1 percent, the Federal Reserve said Monday....

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Gas prices fall 4 cents in Mass.

BOSTON — Gasoline prices in Massachusetts are continuing on a downward path. AAA Southern New England reported on Monday that its latest survey found an average price of $3.34 per gallon for self-serve regular in the Bay State. That's down four cents...

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Merck 3Q net income falls on charges, lower sales

Merck & Co.'s third-quarter profit plunged 35 percent because of competition from generic drugs, lower sales of its top-selling medicine, and restructuring and acquisition charges. It still beat Wall Street's profit expectations, but sharply lowered...

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Stocks steady as investors await Fed meeting

LONDON — Global stock markets turned cautious Monday as investors waited for the U.S. Federal Reserve's monthly meeting for clues on when the central bank will start reducing its monetary stimulus. With uncertainty over the raising of the U.S. borrowing...

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Italian vintners look abroad as home sales slump

TORANO NUOVO, Italy — It's harvest season at the family-run vintner Emidio Pepe in central Italy and workers are wading into the vineyards, hand-picking grapes and pressing them under their boots in giant wooden vats. The seasonal ritual has brought...

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UK man accused of hacking US government computers

NEWARK, N.J. — A British man has been arrested and charged with hacking into computer systems of the U.S. Army, NASA, the Environmental Protection Agency and other agencies at a cost of millions of dollars to the federal government. Lauri Love, 28,...

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Wal-Mart checking complaints about greeter firing

DURANGO, Colo. — Wal-Mart officials are checking out complaints that a man who suffered a brain injury in 2005 and has been working as a Wal-Mart greeter in Colorado was fired for clocking in late after lunches without proper representation. Supporters...

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Burger King sees early promise in Satisfries

NEW YORK — Burger King says it's attracting more customers with its new lower-calorie fries but is being careful not to call them a home run yet. The Miami-based company said Monday that it saw sales trends in North America turn positive after last...

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Luxury goods sales slow as China demand ebbs

MILAN — Chinese shoppers are cutting back on designer duds, leather handbags and pricey watches, putting a drag on global sales of luxury goods, which a study forecasts to expand just 2 percent this year. The analysis released Monday by Bain & Company...

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CONSOL to sell 5 mines for at least $850M in cash

MORGANTOWN, W.Va. — CONSOL Energy Inc. said Monday it is selling all five of its longwall coal mines in West Virginia to a subsidiary of Ohio-based Murray Energy for a deal that includes $850 million in cash. Chairman and Chief Executive Officer J....

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