Business News

Delta 4Q profit rises after traffic, fare gains

Delta 4Q profit rises after traffic, fare gains

MINNEAPOLIS -- Delta is reporting better-than-expected fourth-quarter profit as fares and traffic rose.

Posted: 01/21/14 at 10:00 am EST
  • Verizon 4Q net income reaches $5.07B

    Verizon 4Q net income reaches $5.07B

    NEW YORK -- Verizon says it posted fourth-quarter net income of $5.07 billion, helped by the continued addition of more wireless devices to its network.

    Posted: 01/21/14 at 10:00 am EST
  • Johnson & Johnson's 4Q profit rises 19 pct

    Johnson & Johnson's 4Q profit rises 19 pct

    NEW BRUNSWICK, N.J. -- Johnson & Johnson says fourth-quarter profit jumped 19 percent, as prescription drug sales climbed sharply and the health care giant enjoyed a big tax benefit.

    Posted: 01/21/14 at 10:00 am EST
  • Judge to sentence Halliburton manager in oil spill

    Judge to sentence Halliburton manager in oil spill

    NEW ORLEANS -- A former Halliburton manager faces a possible prison term when a federal judge sentences him for destroying evidence in the aftermath of BP's massive 2010 oil spill in the Gulf of Mexico.

    Posted: 01/21/14 at 10:00 am EST
  • Stock futures move higher before opening bell

    Stock futures move higher before opening bell

    NEW YORK -- U.S. stock futures rose Tuesday as investors assessed the latest round of company earnings. Delta Air Lines climbed in premarket trading after its earnings beat analysts' forecasts.

    Posted: 01/21/14 at 10:00 am EST
  • Hyundai to sponsor Tate Modern exhibitions

    Hyundai to sponsor Tate Modern exhibitions

    LONDON -- Autos will help fund art in a long-term sponsorship deal announced Monday between Hyundai Motor Co. and Britain's Tate Modern gallery.

    Posted: 01/20/14 at 9:45 am EST
  • Shoppers fret about authenticity of Target emails

    Shoppers fret about authenticity of Target emails

    NEW YORK -- An email sent to the roughly 70 million Target customers who may have been affected by a pre-Christmas data breach is causing panic among those who fear it could be an attempt to victimize them again.

    Posted: 01/17/14 at 9:40 pm EST
  • UPS: Last-minute online shopping hurt 4Q profit

    UPS: Last-minute online shopping hurt 4Q profit

    ATLANTA -- UPS says its fourth-quarter profit will be smaller than expected after a rough holiday shipping season.

    Posted: 01/17/14 at 9:25 am EST
  • PepsiCo discontinues 'natural' Gatorade

    PepsiCo discontinues 'natural' Gatorade

    NEW YORK -- PepsiCo has discontinued a line of Gatorade it marketed as "natural," even as people increasingly look for foods and drinks that are positioned as such.

    Posted: 01/17/14 at 9:15 am EST
  • Google contact lens could be option for diabetics

    Google contact lens could be option for diabetics

    MOUNTAIN VIEW, Calif. -- Brian Otis gingerly holds what looks like a typical contact lens on his index finger. Look closer. Sandwiched in this lens are two twinkling glitter-specks loaded with tens of thousands of miniaturized transistors. It's ringed with a hair-thin antenna. Together these remarkable miniature electronics can monitor glucose levels in tears of diabetics and then wirelessly transmit them to a handheld device.

    Posted: 01/17/14 at 9:20 am EST
  • Shell issues profit warning on Q4

    Shell issues profit warning on Q4

    AMSTERDAM -- Royal Dutch Shell PLC has issued a profit warning for the fourth quarter, saying results will be worse than most analysts are expecting due to a mix of lower than expected production, higher than expected costs, and a worse than expected performance by its refining division.

    Posted: 01/17/14 at 9:20 am EST
  • Morgan Stanley books $1.2 billion legal expense

    Morgan Stanley books $1.2 billion legal expense

    NEW YORK -- Morgan Stanley says its earnings fell in the fourth quarter as it was hit by legal costs.

    Posted: 01/17/14 at 9:20 am EST
  • Apple agrees to refund $32.5M for kids' purchases

    Apple agrees to refund $32.5M for kids' purchases

    WASHINGTON -- Plenty of parents have been there -- handing over the iPhone or iPad to a child while waiting in the doctor's office, standing in line at Starbucks or sitting in the car for a long road trip with the family. The youngster is playing a game on a fun mobile app and then hands you the phone saying he needs your password. Next thing you know, there's a charge on your credit card from Apple.

    Posted: 01/17/14 at 9:30 am EST
  • White Castle slider called 'most influential'

    White Castle slider called 'most influential'

    COLUMBUS, Ohio -- Time magazine says White Castle's small, square "sliders" are "the most influential burger of all time."

    Posted: 01/17/14 at 9:20 am EST
  • Target breach appears to be part of broader scam

    Target breach appears to be part of broader scam

    NEW YORK -- The security breach that hit Target Corp. during the crucial holiday season seemed to be part of a broader scam that affected several retailers, according to a report published by a global cyber intelligence firm that works with the U.S. Secret Service and the Department of Homeland Security.

    Posted: 01/17/14 at 9:15 am EST
  • Average US rate on 30-year loan at 4.41 pct.

    Average US rate on 30-year loan at 4.41 pct.

    WASHINGTON -- Average U.S. rates for fixed mortgages declined this week, edging closer to historically low levels.

    Posted: 01/16/14 at 11:35 am EST
  • Weak earnings drag US stocks mostly lower

    Weak earnings drag US stocks mostly lower

    NEW YORK -- After hitting a record high the day before, stocks moved lower late-morning trading Thursday as investors reacted to disappointing results from Best Buy, Citigroup and the railroad operator CSX.

    Posted: 01/16/14 at 11:40 am EST
  • Prosecutors join forces to eye Monster drinks

    Prosecutors join forces to eye Monster drinks

    SAN FRANCISCO -- The San Francisco city attorney and New York state attorney general have joined forces to investigate whether Monster Beverage Corp. is marketing its highly caffeinated drinks to children.

    Posted: 01/15/14 at 10:35 am EST
  • Google builds a 'Nest' for future of smart homes

    Google builds a 'Nest' for future of smart homes

    SAN FRANCISCO -- When our Internet-connected gadgets and home appliances all learn to talk to each other, Google wants to be at the center of the conversation.

    Posted: 01/15/14 at 9:00 am EST
  • Bank of America 4Q earnings jump nearly five-fold

    Bank of America 4Q earnings jump nearly five-fold

    NEW YORK -- Bank of America Corp. says its fourth-quarter profit jumped from a year earlier, as the loans on the bank's balance sheet continued to improve.

    Posted: 01/15/14 at 7:35 am EST
  • Page:   1    2    3    4    5    6    7    8    9    10  

Latest Video