FILE PHOTO – A detail of a can of Coca-Cola is seen in London, Britain March 16, 2016. REUTERS/Stefan Wermuth/File Photo October 25, 2017 (Reuters) – Coca-Cola Co’s <KO.N> quarterly profit and revenue topped analysts’ estimates, helped by a 3 percent rise in North American sales as it gains market […]
FAN Editor
Morgan Stanley downgrades GM after nailing a 50% gain in the stock
Morgan Stanley’s auto analyst Adam Jonas is known for his out-of-the-box thinking on Tesla, but he’s pretty good at analyzing the traditional automakers too. Jonas downgraded GM shares Wednesday to equal-weight from overweight after nailing a breakout in the 109-year-old automaker. “Our OW [overweight] thesis that GM could change the […]
‘A lot more’ senators will speak out against Trump, Sen. Jeff Flake says
Republican Sen. Jeff Flake said he “can’t continue with this kind of politics” in explaining his surprise announcement Tuesday that he will not seek re-election in 2018. “I just can’t continue with this kind of politics,” the junior Arizona senator said on “Good Morning America” today. “I couldn’t go on […]
Women fail to crack China’s glass ceiling as party picks new leaders
FILE PHOTO: China’s Politburo Standing Committee member Sun Chunlan attends a conference commemorating the 150th birth anniversary of Sun Yat-Sen, widely recognised as the father of modern China, at the Great Hall of the People in Beijing, China, November 11, 2016. REUTERS/Jason Lee/File Photo October 25, 2017 By John Ruwitch […]
Coca-Cola profit rise 38 percent, on higher Sprite demand
ATLANTA – Coca-Cola’s third-quarter profit rose 38 percent as it sold more Sprite and bottled tea and coffee drinks in the U.S. Continue Reading Below The Atlanta company has been diversifying its drinks and lowering the sugar in its sodas to try to adapt to changing tastes. During the quarter, […]
Best Buy expands after-school tech program
NEW YORK – Best Buy is expanding an after-school tech program for underprivileged teens as it hopes to create workers with the skills to serve increasingly savvy shoppers as well as groom future inventors who can help fill its stores with new gadgets. Continue Reading Below The Minneapolis-based chain said […]
Honolulu passes law that makes texting while crossing the street illegal
Pedestrians pulling out their cell phone when crossing the street better be ready to pull out their wallets as well. A new law taking effect today in Honolulu has now made it illegal to text while you are crossing the street. Pedestrians in Hawaii’s state capital who cross a street […]
Boeing tops Street 3Q forecasts
CHICAGO – Boeing is reporting a better-than-expected, third-quarter net income of $1.85 billion and raising its outlook for the year. Continue Reading Below The Chicago company earned $3.06 per share, or $2.72 when adjusted for one-time gains and charges. That’s 7 cents better than industry analysts had predicted, according to […]
Unanswered questions about the Niger ambush as top general urges patience
Gen. Joseph Dunford, the chairman of the Joint Chiefs of Staff, said Tuesday that he wants to wait for the results of the full investigation into the ambush in Niger that killed four U.S. soldiers before commenting on what may or may not have happened on Oct. 4. That includes […]
Amazon to sell smart locks so it can slip packages into your home
FILE PHOTO – The logo of Amazon is seen at the company logistics center in Lauwin-Planque, northern France, February 20, 2017. REUTERS/Pascal Rossignol/File Photo October 25, 2017 By Jeffrey Dastin (Reuters) – Amazon.com Inc has plans to drop off packages directly into shoppers’ homes. The world’s largest online retailer on […]