More Business - !movers And Shakers Articles

  • British woman extradited to US can go home within weeks

    Updated: 15 hr ago

    GREENBELT, Md. (AP) — A British woman who with her husband lost a long and public fight against being extradited to the United States to face fraud charges will be able to return home within weeks. A judge on Thursday said Sandra Dunham, who pleaded guilty to stealing $1 million from...

  • 2011 vehicle models with highest and lowest death rates

    Updated: 15 hr ago

    The Insurance Institute for Highway safety examined fatalities involving 2011 model year vehicles, looking at how many driver fatalities occurred in a particular model over the course of a year of operation, expressed as a rate per million registered vehicle years. It found there was...

  • Air Products and Chemicals posts 1Q profit

    Updated: 15 hr ago

    ALLENTOWN, Pa. (AP) — ALLENTOWN, Pa. (AP) — Air Products and Chemicals Inc. (APD) on Thursday reported fiscal first-quarter earnings of $324.6 million. The Allentown, Pennsylvania-based company said it had profit of $1.50 per share. Earnings, adjusted for one-time gains and costs,...

  • Sunbeam recalls Holmes space heaters that can spray hot oil

    Updated: 16 hr ago

    NEW YORK (AP) — Sunbeam is recalling about 34,000 Holmes-branded space heaters because they can spray hot oil and possibly cause household damage or injuries. The plug-in heater is filled with oil. The U.S. Consumer Product Safety Commission said Sunbeam received about 40 reports of...

  • Raytheon slips as profit outlook falls short of estimates

    Updated: 16 hr ago

    NEW YORK (AP) — Shares of Raytheon Co. fell Thursday after the defense contractor's 2015 profit forecast came in short of Wall Street estimates. The maker of the Tomahawk cruise missile and other weapons and communication systems said it expects to earn between $6.20 and $6.35 per...

  • Hershey shares fall after weak outlook

    Updated: 17 hr ago

    HERSHEY, Pa. (AP) — Hershey said Thursday that its fourth-quarter net income fell 8.8 percent as more shoppers bought meat snacks and baked treats instead of its chocolate, candy and mints. The company's results and earnings outlook for the year missed Wall Street expectations, and...

  • Stock market turns mixed at midday

    Updated: 17 hr ago

    NEW YORK (AP) — U.S. stock indexes are mixed in midday trading as the price of oil continues to fall. The Dow Jones industrial average rose 50 points, or 0.3 percent, to 17,242 as of 11:57 a.m. Thursday. The Standard & Poor's 500 eased one point, or 0.06 percent, to 2,000. The Nasdaq...

  • Jones New York to close stores, end wholesale business

    Updated: 17 hr ago

    NEW YORK (AP) — Jones New York announced Thursday that it is closing stores, discontinuing its wholesale business and will look at strategic alternatives for its brand. The privately held women's clothing company says that it is making the move after a review of its recent performance...

  • Alibaba shares tumble on 4Q revenue miss

    Updated: 17 hr ago

    NEW YORK (AP) — Alibaba's Group shares dropped 10 percent on Thursday after the Chinese e-commerce powerhouse reported holiday-quarter revenue that surged 40 percent but missed analyst expectations. It was the second day of stock decline following news Wednesday that the Chinese...

  • For traders, oil's plunge takes a toll on egos and accounts

    Updated: 17 hr ago

    NEW YORK (AP) — The plunge in oil has crushed the Russian ruble, erased $80 billion from Exxon Mobil's market value and pushed Venezuela to the brink of economic collapse. But to Justin Thomas, the real drama in oil unfolds on a smaller scale, a story told in tiny, second-by-second...

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