More Business Articles

  • American Airlines swings to $480M 1Q profit

    Updated: 17 hr ago

    DALLAS (AP) — American Airlines is making money again and beating expectations after its merger with US Airways. The company posted earnings of $480 million Thursday, a record for the first quarter, which is usually the weakest three-month period for airlines during the year. As...

  • How states fared on unemployment benefit claims

    Updated: 17 hr ago

    The number of people seeking U.S. unemployment benefits surged 24,000 to a seasonally adjusted 329,000 last week, though the gain likely reflected temporary layoffs in the week before Easter. Despite the volatility, applications have been declining in recent months. Here are the...

  • US durable goods orders up 2.6 percent in March

    Updated: 17 hr ago

    WASHINGTON (AP) — Orders to U.S. factories for long-lasting manufactured goods posted a solid gain for the second straight month in March. A key category that signals business investment plans increased at the fastest pace in four months. Orders for durable goods increased 2.6...

  • Hershey's profit rises but sales fall short

    Updated: 18 hr ago

    NEW YORK (AP) — Hershey said its profit rose 4.4 percent in the first quarter but noted that sales growth was weaker than expected. The Hershey Co., which makes Kit Kat, Reese's and Ice Breakers, noted that there were "irregular purchasing patterns" at major retailers during the...

  • 3M 1Q results improve, but miss Street's view

    Updated: 18 hr ago

    ST. PAUL, Minn. (AP) — 3M's first-quarter net income rose 7 percent, led by sales growth in its health care business. The maker of products from Post-it notes to industrial coatings and ceramics said Thursday that it earned $1.21 billion, or $1.79 per share, for the three months...

  • United loses $609M in 1Q; fares don't cover costs

    Updated: 18 hr ago

    United Airlines is the one U.S. carrier that can't seem to get its act together. While all the other major airlines made money in the first quarter, United lost $609 million during the first three months of this year. United attributed $200 million of its loss to the "historic...

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

    Updated: 18 hr ago

    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: 18 hr ago

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

  • Dunkin' says bad weather hurt profit

    Updated: 18 hr 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: 19 hr 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...

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