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Business

  • Oil prices slide, despite Mideast chaos
    The price of oil fell for the ninth consecutive day Wednesday as global supplies continue to flow despite unrest in the world’s most important oil-producing region.The prolonged drop could lead to lower gasoline prices for U.S.
  • Summer box office suffers
    Hollywood’s summer at the box office isn’t just missing nearly 20 percent of last summer’s revenue. It’s lacking swagger.
  • Biomet’s earnings rebound
    Biomet Inc. on Wednesday reported preliminary fourth-quarter and full-year earnings for fiscal 2014, reflecting the Warsaw orthopedics company’s most profitable performance in years.Biomet reported annual earnings of $36.
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Week Ahead

Tuesday

•Labor Department reports on job openings for December

Wednesday

•Commerce Department releases retail sales data for January

•Commerce Department reports on business inventories for December

Thursday

•Labor Department reports on weekly jobless claims

•Freddie Mac, the mortgage company, releases weekly mortgage rates

Friday

•Federal Reserve reports on industrial production for January

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