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The number of Americans applying for jobless benefits jumped last week, but not enough to raise concern about the consistently strong U.S. labor market. U.S. applications for unemployment benefits rose by 21,000 to 248,000 for the week ending August 5,…

TRUTH OR CONSEQUENCES, N.M. — Virgin Galactic rocketed to the edge of space with its first tourists Thursday, a former British Olympian who bought his ticket 18 years ago and a mother-daughter duo from the Caribbean. The space plane glided…

NEW YORK — Tapestry, the parent company of luxury handbag and accessories retailer Coach, is buying the owner of fashion brands including Michael Kors, Versace and Jimmy Choo, Capri Holdings. Big fashion has been getting even bigger through a spate…

NEW YORK — Big fashion houses keep getting bigger, Coach parent will buy Capri, owner of Versace, Michael Kors, in $8.5B deal. Sourse: abcnews.go.com