Airlines losses narrowed in 1Q to $552 million
U.S. airlines charged more in fares and fees and reduced debt as they improved their financial performance in the first quarter.
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U.S. airlines charged more in fares and fees and reduced debt as they improved their financial performance in the first quarter.
Only two of 13 small SUVs performed well in front-end crash tests done by an insurance industry group, with several popular models faring poorly in the evaluations.
Average U.S. rates on fixed mortgages rose this week but stayed near their historic lows. Cheaper mortgages have helped the economy by spurring more home-buying and refinancing.
Encouraging news about the U.S. economy is extending the stock market's rally.
Aluminum smelter and parts-maker Alcoa said on Thursday that it will close down two production lines at a plant in Canada and cut about 500 jobs there because of lower aluminum prices.
The nation's natural gas supplies rose last week, the government said Thursday.
Hess and Elliott Capital Management say they have reached an agreement that gives board seats to three people nominated by the activist hedge fund.
Launching his namesake company's news division in the 1990s, Michael Bloomberg largely rejected long-held rules of the journalism trade that insist on keeping thick firewalls between reporters and the profit-making workings of their companies.
Encouraging news about the U.S. economy extended the stock market's rally Friday.
The price of oil fell to near $95 per barrel Friday after new signs of a choppy economic recovery in the U.S.
Warren Buffett's Berkshire Hathaway Inc. was downgraded by Standard & Poor's Ratings Services Thursday after the credit rating agency changed the way it evaluates insurance companies.
Total U.S. money market mutual fund assets fell $1.04 billion to $2.582 trillion for the week that ended Wednesday, according to the Investment Company Institute.
Venezuelans scrambled to stock up on toilet paper Thursday as fears of a bathroom emergency spread despite the socialist government's promise to import 50 million rolls.
APPLICATIONS JUMP: The number of Americans seeking unemployment benefits rose 32,000 last week to a seasonally adjusted 360,000, the most since late March. Weekly applications are a proxy for layoffs.
Hess has reached a deal with a major investor to end a bitter fight over the management and direction of the oil and gas company.
U.S. stock futures are rising with markets headed for a positive week overall, as investors shrug off some unsettling reports from retailers this week.
Global economic malaise has knocked the stuffing out of Luo Yan's business making toy animals.
Encouraging news about the U.S. economy pushed stock prices higher on Wall Street Friday. A gauge of future economic activity rose more than analysts had expected, as did a measure of consumer confidence, adding to evidence that the economy is steadily recovering. The Dow Jones industrial average and the Standard & Poor's 500 index ended higher for a fourth straight week.
A federal judge has ordered Dow Chemical Co. to pay $1.21 billion in damages after it lost a class-action lawsuit that accused it of conspiring to fix prices.
Royal Bank of Scotland says it is cutting 1,400 jobs from its retail banking operations over the next two years.