Articles

Duke Energy earnings hurt by mild weather

Duke Energy Corp., the nation's largest electric utility by market value, reported stronger-than-expected earnings for the third quarter, but company executives said the outlook for strong economic growth in the U.S. is dim.

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U.S. jobless benefit applications fall slightly

The number of people seeking unemployment benefits fell last week by 8,000, but the figures were distorted by Superstorm Sandy. The four-week average of applications, a less volatile measure, rose by 3,250.

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Republicans retain control of Indiana Legislature

Republicans will keep control of both houses in the Indiana General Assembly although it wasn’t certain late Tuesday whether they’ll win the supermajority needed to thwart boycott threats from House Democrats.

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Obama powers to re-election despite weak economy

President Barack Obama won re-election Tuesday night despite a fierce challenge from Republican Mitt Romney, prevailing in the face of a weak economy and high unemployment that encumbered his first term and crimped the middle class dreams of millions.

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