Business

Business briefs

Dead money

The US Department of Agriculture improperly paid $36 million in aid to 6,336 dead people, according to government auditors who recommended stronger safeguards.

5C on its way

Apple’s low-cost, iPhone with a plastic cover, rumored to be called the iPhone 5c, will soon be released on the market, according to a new report from a group that infiltrated a factory in China.

Slots not so hot

Casino operator Caesars posted a smaller loss, but results still missed expectations, as slots and tables drew fewer gamblers. Shares were little changed after hours at $15.48.

Homes retreat

Contracts to purchase previously owned US homes fell in June, retreating from a more than six-year high and suggesting rising mortgage rates were starting to dampen home sales.

Amazon jobs

Online retailer Amazon says it is adding 7,000 full-time jobs in 13 states, beefing up staff at the warehouses where it fills orders, and in its customer service division.