More Business Articles

  • Airport security vulnerabilities not uncommon

    Updated: Wed, Apr 23, 2014

    SAN JOSE, Calif. (AP) — For all the tens of billions of dollars the nation has spent on screening passengers and their bags, few airports made a comparable investment to secure the airplanes. As the case of the San Jose stowaway shows, it did not take a sophisticated plan for a...

  • First lady announces one-stop job site for vets

    Updated: Wed, Apr 23, 2014

    FORT CAMPBELL, Ky. (AP) — First lady Michelle Obama has announced a new online effort to link soldiers leaving the military with jobs that match their skill sets. She said Wednesday that the new Veterans Employment Center provides one-stop shopping for troops as they transition to...

  • Spy plane outlasts Cold War, but not defense cuts

    Updated: Wed, Apr 23, 2014

    WASHINGTON (AP) — The U-2 spy plane outlasted the Cold War and outlived its successor. But defense cuts now threaten to knock the high-flying reconnaissance aircraft from the sky. The planes can soar to an altitude of 70,000 feet, collect intelligence on North Korea and Russia, and...

  • Wellness programs grow more popular with employers

    Updated: Wed, Apr 23, 2014

    That little voice nagging you to put down the cake and lace up the running shoes is increasingly coming from your employer and is likely to grow louder with a looming change under the federal health care overhaul. More companies are starting or expanding wellness programs that aim to...

  • US stocks edge lower after a six-day rise

    Updated: Wed, Apr 23, 2014

    NEW YORK (AP) — The stock market slipped Wednesday, after rising for six straight days, as investors worked through another round of quarterly earnings reports from U.S. companies. Intuitive Surgical was among those announcing disappointed results. A worse-than-expected report on the...

  • Gannett 1Q net profit falls 43 pct

    Updated: Wed, Apr 23, 2014

    MCLEAN, Va. (AP) — Gannett Co. said Wednesday that its first-quarter net profit dropped 43 percent, pulled down by restructuring costs, but its adjusted profit managed to beat Wall Street predictions by a penny. The media company, which publishes USA Today and owns dozens of...

  • Norfolk Southern railroad 1Q profit falls 18 pct

    Updated: Wed, Apr 23, 2014

    OMAHA, Neb. (AP) — Norfolk Southern's first-quarter profit fell 18 percent as severe winter weather slowed the railroad's shipments and coal revenue dropped 15 percent. The Norfolk, Virginia, railroad earned $368 million, or $1.17 per share, during the January-March period. That's...

  • Cracker Barrel says holders nix Biglari proposals

    Published: Wed, Apr 23, 2014

    LEBANON, Tenn. (AP) — Cracker Barrel says that preliminary results show its shareholders have overwhelmingly rejected two proposals put forth by an activist stockholder. The first proposal from Sardar Biglari's Biglari Capital Corp. and other affiliates of Biglari Holdings Inc....

  • Textron eliminating 750 Cessna, Beechcraft jobs

    Updated: Wed, Apr 23, 2014

    NEW YORK (AP) — Just over a month after buying Beechcraft for $1.4 billion, Textron announced 750 job cuts at that company and at its Cessna division. The layoffs will occur over the next 60 days. Both aircraft makers are based in Wichita, Kan., and Textron says about 575 of the...

  • Delta navigates nasty winter, tops profit forecast

    Updated: Wed, Apr 23, 2014

    DALLAS (AP) — Delta Air Lines Inc. is making more money by filling more seats on its planes and paying a bit less for fuel. Delta's first-quarter profit beat expectations and underscored how most big airlines are prospering with a combination of strong business travel, slightly...

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