American Airlines announced an unexpected pay increase for employees even as it reported lower first-quarter earnings Thursday which it blamed on high fuel costs. Net income was $234 million, down...
Thirteen big businesses, including oil giant Shell and retailer Walmart, on Wednesday urged US President Donald Trump to keep the United States in the Paris Agreement on climate change. The deal...
The Trump administration's long-awaited tax reform plan will propose slashing corporate taxes to 15 percent, from the current maximum of 35 percent, US Treasury Secretary Steven Mnuchin said...
Aerospace giant Boeing said Wednesday declining costs boosted earnings for the latest quarter, but revenues missed analyst expectations as commercial plane deliveries dropped. Net income for the...
Donald Trump spent his life running a family firm and the White House is no exception: the first 100 days have given his adult children an unprecedented role even if the first lady lives in the...
Yahoo's chief executive, Marissa Meyer, will be paid $184m when the sale of her company to Verizon completes this year. The huge sum - a combination of various payments - is detailed in a 429-page...
Caterpillar reported its first jump in quarterly sales in two-and-a-half years Tuesday and said it was heartened by increased customer inquiries in prospective equipment purchases in key sectors....
Retail banking giant Wells Fargo has fixed problems in its 2015 bankruptcy plan and will now be allowed to open new international branches, US banking regulators said Monday. The reprieve comes a day...
Toy-maker Hasbro said revenues in the first quarter increased 2%, prompting a surge in share value on Monday. The US firm, which owns brands such as Play-Doh and Disney Frozen, saw growth in the US...
The US Supreme Court on Monday turned away an appeal by auto giant General Motors of potentially billions of dollars in consumer claims over faulty ignition switches. The top court without comment...
A man who accidentally snorkeled headfirst into a crocodile in northern Australia escaped with minor injuries as wildlife officers Monday worked to track down the reptile. The crocodile, measuring up...
This week it was Bebe. Last month it was Staples. In February it was JCPenney. Stores are closing at an epic pace. In fact, the retail industry could suffer far more store closures this year than...
American Airlines has removed an employee from duty after an ugly clash over a baby's pram in San Francisco. A passenger who uploaded video of the aftermath of the incident said a mother had been...
United Airlines said Friday it no longer plans to name chief executive Oscar Munoz chairman as it revised its compensation program following an uproar over its treatment of a passenger. Munoz and the...
General Electric swung back to profitability in the first quarter Friday as its aviation and power businesses scored strong operating profits growth. GE, which suffered a modest loss in the year-ago...
Barbie sales fell 13% in the first quarter, adding to a much worse-than-expected slump for Mattel, the world's largest toy company. It was the second consecutive quarter of falling sales for the...
New claims for US jobless benefits rose slightly in mid-April but the total number of people seeking unemployment insurance hit a 17-year low, the Labor Department reported Thursday. The figures...
Verizon Communications Inc (VZ. N), the No. 1 U.S. wireless carrier, reported a 20 percent fall in quarterly profit as it lost wireless postpaid subscribers despite the re-launch of unlimited data...
The US economy has continued to expand with only modest price increases, but companies are increasingly complaining of trouble finding workers, including for low-skill jobs, the Federal Reserve said...
United's widely-condemned violent removal of a passenger from a flight was a "system failure" and no employees will lose their jobs as a result, United Continental chief Oscar Munoz said Tuesday. "It...
