More Business - !movers And Shakers Articles

  • Marlboro maker Altria 1Q profit falls

    Updated: Thu, Apr 24, 2014

    RICHMOND, Va. (AP) — Altria Group Inc.'s first-quarter profit dropped 15 percent as the Marlboro maker sold fewer cigarettes and its year-ago results benefited lower expenses from a longstanding legal settlement. The owner of the nation's biggest cigarette maker, Philip Morris USA,...

  • Caterpillar 1Q profit climbs 5 pct, forecast rises

    Updated: Thu, Apr 24, 2014

    Caterpillar's first-quarter earnings climbed 5 percent, and the construction equipment maker raised its 2014 forecast. But the company also said Thursday that a mining equipment sales slump is still hurting results. The Peoria, Ill., company now expects 2014 earnings of $6.10 per...

  • Orders for US durable goods up solid 2.6 percent in March with strength in business investment

    Updated: Thu, Apr 24, 2014

    WASHINGTON (AP) — Orders for US durable goods up solid 2.6 percent in March with strength in business investment.

  • Applications for US unemployment aid jumped last week to 329K, likely due to Easter layoffs

    Updated: Thu, Apr 24, 2014

    WASHINGTON (AP) — Applications for US unemployment aid jumped last week to 329K, likely due to Easter layoffs.

  • Dunkin' says bad weather hurt profit

    Updated: 9 min ago

    NEW YORK (AP) — Dunkin' Brands on Thursday reported a lower profit for its first quarter, citing severe weather for dampening its U.S. sales. Its net income and sales missed Wall Street expectations and shares fell 3 percent to $47.59 in premarket trading. The company, which also...

  • US-Japan trade talks suspended without agreement

    Updated: 54 min ago

    TOKYO (AP) — Talks between the United States and Japan on a Pacific Rim trade pact have halted for now without any resolution in sight, spoiling plans for a showcase deal during President Barack Obama's visit to Tokyo. Economy minister Akira Amari, Japan's top negotiator, said too...

  • FCC to propose pay-for-priority Internet standards

    Updated: 1 hr ago

    LOS ANGELES (AP) — The Federal Communications Commission is set to propose new open Internet rules that would allow content companies to pay for faster delivery over the so-called "last mile" connection to people's homes, but enhance scrutiny of such deals so they don't harm...

  • Vermont moves toward labeling of GMO foods

    Updated: 1 hr ago

    MONTPELIER, Vt. (AP) — Vermont lawmakers have passed the country's first state bill to require the labeling of genetically modified foods, underscoring a division between powerful lobbyists for the U.S. food industry and an American public that overwhelmingly says it approves of the...

  • Starwood rides economic recovery to strong 1Q

    Updated: 1 hr ago

    STAMFORD, Conn. (AP) — Starwood's first-quarter net income declined 36 percent compared with last year when it booked some big asset sales, but it easily beat Wall Street expectations for profit and revenue. The owner of Sheraton and St. Regis hotels earned $137 million, or 72 cents...

  • In Disney's shadow, homeless families struggle

    Updated: 3 hr ago

    KISSIMMEE, Fla. (AP) — When they moved from Georgia to the theme park playground of central Florida four years ago, Anthony and Candice Johnson found work at a barbecue restaurant and a 7-Eleven. Their combined salaries nevertheless fell short of what they needed to rent an...

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