More Business Articles

  • Flight bans show skittishness over trouble spots

    Updated: Wed, Jul 23, 2014

    When U.S. and European airlines quickly canceled flights to Israel on Tuesday, they showed both a skittishness and a new sense of urgency in dealing with global trouble spots following last week's downing of a passenger plane over Ukraine. Delta Air Lines turned around one of its jets...

  • PepsiCo 2Q profit drops but tops estimates

    Updated: Wed, Jul 23, 2014

    PURCHASE, N.Y. (AP) — PepsiCo Inc. said Wednesday that its profit fell by 2 percent on restructuring charges in its second quarter, but that sales volume ticked up for its snacks and drinks. The company, which owns Frito-Lay, Gatorade and Quaker, raised its earnings-per-share...

  • Dow Chemical 2Q adj. profit climbs, revenue rises

    Updated: Wed, Jul 23, 2014

    MIDLAND, Mich. (AP) — Dow Chemical's second-quarter net income slid 62 percent as the prior-year period benefited from a $2.16 billion payment related to a scrapped joint venture. But its adjusted profit and revenue topped analysts' estimates. The stock climbed in premarket trading...

  • Delta 2Q profit rises 17 percent

    Updated: Wed, Jul 23, 2014

    ATLANTA (AP) — Delta Air Lines Inc. said Wednesday that second-quarter earnings rose 17 percent, topping analysts' expectations, as passengers flew more miles at higher average fares and fuel spending declined. The results from Delta, the world's third-biggest airline company,...

  • US stock futures rise as earnings reports roll in

    Updated: Wed, Jul 23, 2014

    NEW YORK (AP) — U.S. stock futures are edging up ahead of the opening bell as investors size up earnings reports from Apple, Boeing and other big companies. KEEPING SCORE: Dow Jones industrial average futures rose 11 points, or 0.1 percent, to 17,044 as of 8:21 a.m. Eastern time....

  • Norfolk Southern 2Q profit rises 21 percent

    Published: Wed, Jul 23, 2014

    NORFOLK, Va. (AP) — Norfolk Southern Corp. on Wednesday reported profit that climbed by 21 percent in its second quarter, and topped analysts' expectations. The Norfolk, Virginia, company said net income increased to $562 million, or $1.79 per share, from $465 million, or $1.46 per...

  • Boeing 2Q profit climbs 52 percent

    Updated: Wed, Jul 23, 2014

    Boeing Co. (BA) on Wednesday reported profit that increased by 52 percent in its second quarter, and topped analysts' expectations. The Chicago-based company said net income increased to $1.65 billion, or $2.24 per share, from $1.09 billion, or $1.41 per share, in the same quarter a...

  • Whirlpool 2Q profit falls 9.6 percent

    Updated: 12 min ago

    BENTON HARBOR, Mich. (AP) — Whirlpool Corp. (WHR) on Wednesday reported net income that declined by 9.6 percent in its second quarter, and missed analysts' expectations. The Benton Harbor, Michigan-based company said profit fell to $179 million, or $2.25 per share, from $198...

  • Women business owners face gender gap, report says

    Updated: 12 min ago

    NEW YORK (AP) — Women who own small business are still far behind their male counterparts when it comes to getting loans and government contracts, a congressional report said Wednesday. The report by Democratic staffers of the Senate Small Business & Entrepreneurship Committee found...

  • SEC poised to end $1 a share for some money funds

    Updated: 12 min ago

    WASHINGTON (AP) — Regulators are expected to vote Wednesday to end a longtime staple of the investment industry — the fixed $1 share price for money-market mutual funds — at least for some money funds used by big investors. The idea is to minimize the risk of a mass withdrawal...

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