MEXICO CITY – A group representing Mexico’s leading fish canners says a proposal to create a non-fishing marine park off the Revillagigedo Islands in the Pacific could reduce catches in Mexican waters by 20 percent. Continue Reading Below The Pacific Alliance for Sustainable Tuna says the ban could cut annual […]
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Business Highlights
___ Continue Reading Below Corporations to keep tax break lost by millions of Americans WASHINGTON (AP) — Millions of Americans would lose a prized tax break under President Donald Trump’s sweeping revamp of the tax code, but corporations would get to keep it. The Republican proposal would eliminate the federal […]
WATCH: Air Berlin pilot performs low fly-by
Now Playing: US-backed forces officially declare victory in Raqqa Now Playing: US commander congratulates Syrian Democratic Forces on liberation of Raqqa Now Playing: Drone footage shows widespread Raqqa destruction Now Playing: Questions remain 2 weeks after deadly ambush in Niger Now Playing: Pilots perform risky honor lap stunt, alarming travelers […]
U.S. SEC names JPMorgan’s Redfearn as trading and markets director
Brett Redfearn, Head of Market Structure Strategy for the Americas at J.P. Morgan Securities Inc. speaks during the Investment Company Institute’s (ICI’s) Capital Markets Conference in New York, October 10, 2013. REUTERS/Carlo Allegri October 18, 2017 WASHINGTON (Reuters) – The U.S. Securities and Exchange Commission said on Wednesday it named […]
Canada’s Quebec province to ban face coverings in public sector
FILE PHOTO: Women in traditional garb gather to protest against Quebec’s proposed Charter of Values in Montreal, September 14, 2013. REUTERS/Christinne Muschi/File Photo October 18, 2017 By Kevin Dougherty QUEBEC CITY, Quebec (Reuters) – Quebec will ban face coverings for people giving or receiving provincial government services under a law […]
U.S. wants stronger India economic, defense ties given China’s rise: Tillerson
U.S. Secretary of State Rex Tillerson participates in the first meeting of the U.S. National Space Council at the National Air and Space Museum’s Udvar-Hazy Center in Chantilly, Virginia, U.S. October 5, 2017. REUTERS/Jonathan Ernst October 18, 2017 By Jonathan Landay and David Brunnstrom WASHINGTON (Reuters) – U.S. Secretary of […]
Here’s how much money companies stashed overseas in 2016
Nearly three-quarters of Fortune 500 companies held some cash overseas last year, according to a new study, with tech giant Apple (AAPL) leading the pack. Continue Reading Below Seventy-three percent of Fortune 500 companies, or 366 businesses, operated one or more subsidiaries in tax haven countries in 2016, according to […]
AmEX CEO Kenneth Chenault stepping down, Stephen Squeri takes over
Credit card issuer American Express Co (AXP) said on Wednesday long-time Chief Executive Kenneth Chenault will step down and will be replaced by Stephen Squeri. Continue Reading Below Net income attributable to common shareholders rose to $1.36 billion, or $1.50 per share, in the third quarter ended Sept. 30, from […]
American Express tops Street 3Q forecasts
NEW YORK (AP) – American Express Co. (AXP) on Wednesday reported third-quarter earnings of $1.36 billion. Continue Reading Below On a per-share basis, the New York-based company said it had profit of $1.50. The results beat Wall Street expectations. The average estimate of 11 analysts surveyed by Zacks Investment Research […]
United Airlines third-quarter profit falls, hurt by storms
United Airlines <UAL.N> on Wednesday said its third-quarter net income fell by a third to $669 million from the year-ago period, partly due to $185 million in pretax losses caused by canceled flights during the Atlantic hurricane season. Continue Reading Below The Chicago-based carrier’s passenger revenue per available seat mile, […]