Economy of the United States
13 Big Businesses Urge Trump To Stay In Paris Deal
Thirteen big businesses, including oil giant Shell and retailer Walmart, on Wednesday urged US President Donald Trump...
Trump Tax Plan To Cut Corporate Rate To 15%
The Trump administration's long-awaited tax reform plan will propose slashing corporate taxes to 15 percent, from the...
Boeing Profits Jump But Commercial Air Deliveries Fall
Aerospace giant Boeing said Wednesday declining costs boosted earnings for the latest quarter, but revenues missed...
The White House Family Business
Donald Trump spent his life running a family firm and the White House is no exception: the first 100 days have given...
Marissa Mayer To Make $184million From Yahoo’s Sale To Verizon
Yahoo's chief executive, Marissa Meyer, will be paid $184m when the sale of her company to Verizon completes this year....
Caterpillar Quarterly Sales Up For 1st Time In 2-1/2 Years
Caterpillar reported its first jump in quarterly sales in two-and-a-half years Tuesday and said it was heartened by...
With Execs In Hot Seat, Wells Fargo Gets OK For Bankruptcy Plan
Retail banking giant Wells Fargo has fixed problems in its 2015 bankruptcy plan and will now be allowed to open new...
Toy-Maker Hasbro Revenues Boosted By Monopoly Sales
Toy-maker Hasbro said revenues in the first quarter increased 2%, prompting a surge in share value on Monday. The US...
US Supreme Court Blocks GM Appeal On Defective Ignitions
The US Supreme Court on Monday turned away an appeal by auto giant General Motors of potentially billions of dollars in...
Man Lucky To Escape Croc Clutches In Australia
A man who accidentally snorkeled headfirst into a crocodile in northern Australia escaped with minor injuries as...
Stores Are Closing At An Epic Pace
This week it was Bebe. Last month it was Staples. In February it was JCPenney. Stores are closing at an epic pace. In...
American Airlines Suspends Employee After Clash Over Pram
American Airlines has removed an employee from duty after an ugly clash over a baby's pram in San Francisco. A...
United CEO Munoz No Longer To Become Chairman
United Airlines said Friday it no longer plans to name chief executive Oscar Munoz chairman as it revised its...
GE Profitable Again In Q1; Oil Business Still Weak
General Electric swung back to profitability in the first quarter Friday as its aviation and power businesses scored...
Barbie Out of Fashion As Mattel Slumps
Barbie sales fell 13% in the first quarter, adding to a much worse-than-expected slump for Mattel, the world's largest...
Key US Jobless Benefits Level Hits 17-Year Low
New claims for US jobless benefits rose slightly in mid-April but the total number of people seeking unemployment...
Verizon Reports 20 Percent Fall In Quarterly Profit
Verizon Communications Inc (VZ. N), the No. 1 U.S. wireless carrier, reported a 20 percent fall in quarterly profit as...
US Economy Continues Moderate Rise, Price Gains Modest
The US economy has continued to expand with only modest price increases, but companies are increasingly complaining of...
United Won’t Fire Anyone Over Manhandled Passenger
United's widely-condemned violent removal of a passenger from a flight was a "system failure" and no employees will...