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US durable goods orders up 2.6 percent in March

US durable goods orders up 2.6 percent in March

WASHINGTON (AP) — Orders to U.S. factories for long-lasting manufactured goods posted a solid gain for the second straight month in March. A k…

1 hour ago

Applications for US unemployment aid jump to 329K

WASHINGTON (AP) — The number of people seeking U.S. unemployment benefits surged 24,000 to a seasonally adjusted 329,000 last week, though the…

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Applications for US unemployment aid jumped last week to 329K, likely due to Easter layoffs

WASHINGTON (AP) — Applications for US unemployment aid jumped last week to 329K, likely due to Easter layoffs.

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Orders for US durable goods up solid 2.6 percent in March with strength in business investment

WASHINGTON (AP) — Orders for US durable goods up solid 2.6 percent in March with strength in business investment.

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Southwest Airlines posts a record 1Q profit

Southwest Airlines posts a record 1Q profit

DALLAS (AP) — Southwest Airlines says it made a record $152 million in the first quarter, more than doubling the $59 million profit it had dur…

1 hour ago

UPS blames winter weather for drop in 1Q profit

UPS blames winter weather for drop in 1Q profit

DALLAS (AP) — First-quarter revenue at UPS slumped 12 percent as winter storms increased costs for the shipping giant and cut into its revenue.

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Caterpillar 1Q profit climbs 5 pct, forecast rises

Caterpillar 1Q profit climbs 5 pct, forecast rises

Caterpillar's first-quarter earnings climbed 5 percent and the construction equipment maker raised its 2014 forecast. But the company also say…

1 hour ago

Verizon 1Q profit surges on Vodafone-related gains

NEW YORK (AP) — Verizon's $130 billion deal to take over of all of Verizon Wireless is helping lift its profit.

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3M 1Q results improve, but miss Street's view

ST. PAUL, Minn. (AP) — 3M says its first-quarter net income rose 7 percent, led by sales growth in its health care business.

2 hours ago

United loses $609M in 1Q; fares don't cover costs

United loses $609M in 1Q; fares don't cover costs

United Airlines is the one U.S. carrier that can't seem to get its act together, losing $609 million during the first three months of this year.

2 hours ago

Marlboro maker Altria 1Q profit falls

Marlboro maker Altria 1Q profit falls

RICHMOND, Va. (AP) — Altria's first-quarter profit dropped 15 percent as the Marlboro maker sold fewer cigarettes and its year-ago results ben…

2 hours ago

Zimmer buying Biomet in deal valued at $13.35B

WARSAW, Ind. (AP) — Orthopedic device maker Zimmer is buying privately-held Biomet in a cash-and-stock deal valued at about $13.35 billion. Zi…

2 hours ago

GM 1Q profit dragged down by recalls

GM 1Q profit dragged down by recalls

DETROIT (AP) — General Motors says first-quarter profit fell 86 percent as a series of recalls dragged down its earnings.

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Starwood rides economic recover to strong 1Q

Starwood rides economic recover to strong 1Q

STAMFORD, Conn. (AP) — Starwood's first-quarter net income declined 36 percent compared with last year when it booked some big asset sales, bu…

3 hours ago

Aetna's 1Q profit jumps 36 pct, forecast climbs

Aetna's 1Q profit jumps 36 pct, forecast climbs

Aetna says its first-quarter net income soared 36 percent, fueled by gains from a multi-billion-dollar acquisition. The health insurer raised …

3 hours ago

1 year after factory collapse, Bangladeshis suffer

1 year after factory collapse, Bangladeshis suffer

SAVAR, Bangladesh (AP) — One year after the Rana Plaza garment factory collapsed in a pile of concrete slabs and twisted metal, Bangladeshi se…

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Central bank: Spanish growth doubled in Q1

MADRID (AP) — The recovery in the Spanish economy appears to be gathering steam.

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Tokyo court starts Mt. Gox bankruptcy proceedings

TOKYO (AP) — Bankruptcy proceedings have begun for Mt. Gox, a move that was widely expected after the Tokyo District Court decided earlier thi…

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Draghi wants to publish ECB minutes

FRANKFURT, Germany (AP) — European Central Bank head Mario Draghi says the bank's rate-setting council should publish a written account of its…

4 hours ago

US-Japan trade talks suspended without agreement

TOKYO (AP) — Talks between the United States and Japan on a Pacific Rim trade pact have halted for now without any resolution in sight, spoili…

4 hours ago

Alstom shares jump amid talk of GE buyout

PARIS (AP) — Shares in French train and equipment manufacturer Alstom have spiked on reports that General Electric Co. is considering making a…

5 hours ago

New drug sales help boost Novartis Q1 profit

New drug sales help boost Novartis Q1 profit

GENEVA (AP) — Strong new drug sales helped Swiss pharmaceutical firm Novartis AG report a 24 percent rise in first-quarter profit.

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Oil prices recoup earlier losses on Ukraine woes

TOKYO (AP) — The price of oil rebounded Thursday on worries about tensions in Ukraine.

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Large Scania shareholder accepts Volkswagen bid

STOCKHOLM (AP) — Volkswagen has come closer to realizing its ambition to takeover Scania after the fourth largest shareholder in the Swedish t…

6 hours ago

Asian stocks drop on no trade deal in Obama visit

TOKYO (AP) — Asian shares were mixed as stocks in Tokyo slipped Thursday after talks between Japan's prime minister and visiting President Bar…

6 hours ago

Last year's deadbeats do best as stocks stall

Last year's deadbeats do best as stocks stall

NEW YORK (AP) — Financial markets rarely stick to the script, and this year is no different.

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Unilever first quarter sales hit by strong euro

AMSTERDAM (AP) — Unilever PLC, the maker of consumer products such as Dove soaps and Ben & Jerry's ice cream, says its underlying sales gr…

7 hours ago

Heineken returns to growth in Western Europe

AMSTERDAM (AP) — Heineken NV says it has returned to growth in its crucial Western Europe market in the first quarter, after a long period of …

7 hours ago

Wyoming gas explosion prompts evacuation of town

Wyoming gas explosion prompts evacuation of town

OPAL, Wyo. (AP) — Residents and emergency crews are waiting for a fire to burn itself out after an explosion at a natural gas processing plant…

8 hours ago

Vermont moves toward labeling of GMO foods

MONTPELIER, Vt. (AP) — Vermont lawmakers have passed the country's first state bill to require the labeling of genetically modified foods as s…

9 hours ago

In Disney's shadow, homeless families struggle

KISSIMMEE, Fla. (AP) — A growing number of families are living in hotels along U.S. 192 in central Florida's tourist corridor because they can…

9 hours ago

China to open 8 state industries for investment

BEIJING (AP) — China's government says it will open 80 projects in eight state-run industries to private and foreign investors as part of effo…

11 hours ago

FCC to propose pay-for-priority Internet standards

LOS ANGELES (AP) — The Federal Communications Commission is set to propose new open Internet rules that would allow content companies to pay f…

13 hours ago

Wal-Mart cuts CEO's pay 73 percent in 2013

NEW YORK (AP) — The pay of Wal-Mart Stores Inc.'s outgoing CEO fell 73 percent in 2013 because he didn't get stock awards that are given in an…

15 hours ago

Ronald McDonald joins Twitter, gets makeover

NEW YORK (AP) — Ronald McDonald has a new outfit, and he's ready for selfie.

16 hours ago

How the Dow Jones industrial average did Wednesday

Stocks edged mostly lower Wednesday, breaking a six-day winning streak, as investors were disappointed by the latest round of earnings from U.…

16 hours ago

Safeway reports 1st-quarter loss

Safeway reports 1st-quarter loss

PLEASANTON, Calif. (AP) — Safeway is posting a net loss for the first quarter due to higher costs and acquisition expenses.

17 hours ago

Chobani secures $750M investment from TPG

NEW BERLIN, N.Y. (AP) — Greek yogurt maker Chobani has secured a $750 million investment from investment firm TPG Capital to help fund its growth.

17 hours ago

Buffett says stock prices are in reasonable range

OMAHA, Neb. (AP) — Investor Warren Buffett says most stocks are trading at reasonable prices even though the market has soared this year.

17 hours ago

Apple increases stock buyback, raises dividend

CUPERTINO, Calif. (AP) — Apple plans to buy back an additional $30 billion of its stock and raise its quarterly dividend by 8 percent amid a s…

17 hours ago

Skechers and KB Home are big market movers

NEW YORK (AP) — Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and the Nasdaq Stock Market:

17 hours ago

Facebook 1Q results soar; CFO to step down

Facebook 1Q results soar; CFO to step down

NEW YORK (AP) — Facebook's first-quarter earnings and revenue grew sharply, surpassing Wall Street's expectations thanks to an 82 percent incr…

17 hours ago

Russian social media CEO quits, flees country

Russian social media CEO quits, flees country

MOSCOW (AP) — The founder of Russia's leading social media network — a wunderkind often described as Russia's Mark Zuckerberg — has left his p…

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A stock rally falters as US earnings disappoint

A stock rally falters as US earnings disappoint

NEW YORK (AP) — The stock market is closing slightly lower as several U.S. companies report disappointing earnings.

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Buffett disapproves of Coca-Cola's pay plan

NEW YORK (AP) — Warren Buffett says he disapproves of Coca-Cola's highly contested pay plan for its executives.

17 hours ago

ND OKs power line in historic battlefield area

BISMARCK, N.D. (AP) — North Dakota regulators on Wednesday approved a permit for a proposed $375 million high-voltage power line that would ru…

17 hours ago

Oil falls as US oil supplies rise by 3.5M barrels

The price of oil slipped Wednesday as a government report showed U.S. oil supplies rose more than expected last week.

18 hours ago

Gold prices edge up for the first time in a week

Gold prices are settling higher for the first time in a week as tensions between Russia and Ukraine give the precious metal some support.

18 hours ago

Grain mixed, livestock higher

CHICAGO (AP) — Grain futures were mixed Wednesday on the Chicago Board of Trade.

18 hours ago

Gannett 1Q net profit falls 43 pct

MCLEAN, Va. (AP) — Gannett Co. said Wednesday that its first-quarter net profit dropped 43 percent, pulled down by restructuring costs, but it…

21 hours ago
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