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U.S. consumer spending slows; business investment perking up

U.S. consumer spending increased modestly in November as household income failed to rise for the first time in nine months, suggesting the economy slowed in the fourth quarter after growing briskly in the prior period. The slowdown in growth is likely to be temporary given the strong economic foundation that could be bolstered by President-elect

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U.S. consumer spending slows; business investment perking up

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Apple sets March 21 event, Wall Street sees new, smaller iPhone

(Reuters) – Apple Inc sent an invite to reporters on Thursday for an event at its Cupertino, California headquarters on March 21, possibly signaling the unveiling of a new, smaller iPhone. The world's best-known technology company often reveals new products at such events. It is expected to update its flagship iPhone and

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Apple sets March 21 event, Wall Street sees new, smaller iPhone

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GE moving headquarters to Boston for tech talent, tax cut

By Alwyn Scott NEW YORK (Reuters) – General Electric Co said on Wednesday it will move its global headquarters to Boston, tapping the city's technology talent and likely lowering its tax bill as the industrial conglomerate seeks to lift profit and emphasize digital capabilities. “We want to be at the center of an ecosystem that shares our aspirations” as a leader in digital-

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GE moving headquarters to Boston for tech talent, tax cut