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  • Animal drugs firm Dechra boosted by growing demand in US
    
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  • Revealed: The most stressed city in the UK (and it's not London)
    
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  • Hammerson boss defends Intu takeover despite retail sector 'malaise'
    
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  • Carillion ex-finance chief under fire for selling shares at 'first possible moment' before collapse
    
  • Tighten labour laws to get young people out of insecure work, think tank urges 
    
  • 'Queen's broker' JP Morgan loses 30 clients in 5 years
    
  • Jamie's Italian and the casual dining industry: the menu looks set for another troubled year
    
  • The firms that find it hard to be in two places at once
    
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  • Google’s UK tax could jump seven-fold on plan for revenue levy 
    
  • £15bn boost to UK growth as watchdog set for embarrassing U-turn
    
  • Ella's Kitchen boss: 'Retailers don't like you getting too big, they like choice'
    
  • Coal groups urge Lloyds of London to do more to fight coal-fired power
    
  • Donald Trump's US tax reform gives Warren Buffett a $29 billion boost
    
  • Provident tests the water on £500m rights issue
    
  • Interserve crisis grows as debt talks stumble
    
  • O2 signals plans for £10bn market listing
    
  • ITV begins court fight with Duck Dynasty duo
    
  • Motor dealer accuses Lloyds of pushing it out of business
    
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  • Warren Buffett plays down rumours he is ready to step down
    
  • Warren Buffett to retire from Kraft Heinz board
    
  • Market report: Investors shoot down BAE as analysts sound dividend alarm
    
  • Thousands of jobs at risk as Toys R Us readies for collapse
    
  • Abellio pulls out of rail bid after Carillion collapse
    
  • RBS boss hails 'symbolic' first profit since financial crisis but stock slides on US fine fears
    
  • Dominic Chappell ordered to pay £87,000 for failing to give information about BHS sale
    
  • Aviva pulls back from Spain with €202m sale
    
  • Rightmove shrugs off housing market 'uncertainty' with record customer numbers
    
  • William Hill left counting the cost of Australian venture after slumping to a loss
    
  • Shareholders welcome Persimmon's £50m bonus clawback
    
  • IAG boss Willie Walsh's bold growth plans fail to impress investors
    
  • Zombie life insurer Phoenix to buy Standard Life Aberdeen insurance arm in £3.2bn deal
    
  • End fixation on economic growth, says Labour's McDonnell
    
  • China takes control of insurance giant Anbang
    
  • Ofcom eases price controls on Openreach broadband
    
  • Pearson returns to profit as turnaround continues
    
  • Standard Life Aberdeen starts chairman search as Sir Gerry eyes exit  
    
  • Tech giants face UK tax overhaul as Treasury says they must pay more 
    
  • Market report: Bid talk sends Flybe’s shares soaring 
    
  • Former Carillion finance director thought pension contributions a 'waste of money', trustee chairman says
    
  • Barclays boss Staley promises hike in investor payouts despite £1.9bn loss
    
  • Rio Tinto consults on moving jobs away from London
    
  • Barclays criticised for 'shocking' pay gap with women paid half what men earn at investment bank
    
  • Malaysian gambling crackdown continues to weigh on Playtech
    
  • Boss of Southern Rail operator says it will bid for contract again after 'bloody good job'
    
  • Sales growth miss takes some of the puff out of British American Tobacco
    
  • Serco boss calls for greater outsourcing transparency in the wake of Carillion's collapse
    
  • British gas owner Centrica to cut 4,000 jobs as profits tumble
    
  • Anglo American vows to keep cutting debt after paying biggest dividend in a decade
    
  • Forties pipeline dents GDP growth but promises rebound in 2018 
    
  • BAE Systems spies future opportunities with Typhoon jets but flat forecast disappoints
    
  • Amey buys Carillion rail contracts, saving 700 jobs
    
  • Moneysupermarket shares plunge as investors told not to expect growth 
    
  • Kaz Minerals edges closer to long-awaited dividend on surging profits
    

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NEW YORK — The nation was focused on a tropical storm spinning off the Carolinas and a hurricane headed for Florida. People were gaming out how a political novice named Sarah Palin might upend the presidential campaign.

 

The Dow Jones industrial average closed at 11,220 on Sept. 5, the Friday after Labor Day last year. There was an economic slowdown under way — no one doubted that. Whether it amounted to a bona fide recession was semantics, a question for economists.  more…

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