Loews profit rises, but revenue drops

NEW YORK (AP) — The holding company Loews said Monday that its second-quarter net income rose more than 46 percent, even as revenue fell at …

FILE - In this July 24, 2015 file photo, Esteban Lopez Perez rolls a cigar at a local cigar store in the Little Havana area in Miami. The Institute for Supply Management, a trade group of purchasing managers, issues its index of manufacturing activity for July on Monday, Aug. 3, 2015. (AP Photo/Alan Diaz, File)

US manufacturing growth slows in July

WASHINGTON (AP) — U.S. factories were a little less busy last month. The Institute for Supply Management’s manufacturing index slipped to 52…