DUBAI, United Arab Emirates – Five global long-haul airlines will begin new security interviews of all passengers on U.S.-bound flights starting Thursday at the request of American officials, the companies said Wednesday. Continue Reading Below Long-haul carriers Air France, Cathay Pacific, EgyptAir, Emirates and Lufthansa all said they’d start the […]
FOX Business News
In poll, people say Trump tax plan benefits rich, companies
WASHINGTON – Most Americans say President Donald Trump’s tax plan would benefit the wealthy and corporations, and less than half believe his message that “massive tax cuts” would help middle-class workers, according to an Associated Press-NORC poll. Continue Reading Below The survey could serve as a warning sign for Trump […]
Hurricanes Cool Off Watsco’s Growth — for Now
Hurricanes Harvey, Irma, and Maria have devastated several parts of the U.S., and their impact on businesses has become increasingly clear as earnings season has progressed over the past couple of weeks. Watsco (NYSE: WSO) distributes air conditioning, heating, and ventilation equipment and systems, and the locations it serves include […]
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 […]
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 […]
Coca-Cola’s quarterly profit jumps 38%
Oct 25 (Reuters) – Coca-Cola Co reported a 38 percent jump in quarterly profit, helped by cost-cutting and higher demand for Sprite and tea and coffee in North America, its biggest market. Continue Reading Below Net income attributable to the company’s shareholders rose to $1.45 billion, or 33 cents per […]
Swedish prosecutor appeal Bombardier acquittal
COPENHAGEN, Denmark – Sweden’s prosecutors have appealed the acquittal of a Russian employee with the local branch of Canadian plane and train maker Bombardier who was accused of aggravated bribery in one of Sweden’s biggest corruption cases to date. Continue Reading Below A Stockholm court ruled Oct. 11 “it could […]
New law allows NY to restrict oil tanker Hudson anchorages
ALBANY, N.Y. – A new law allows New York state to create guidelines that will restrict where oil tankers can anchor on the Hudson River. Continue Reading Below Gov. Andrew Cuomo on Tuesday signed legislation that lets the state establish guidelines for “tanker avoidance zones.” The Democrat says the new […]
UK economy picks up slightly, making rate hike more likely
LONDON – Britain’s economy grew by slightly more than expected in the three months through September, official figures showed Wednesday, making it more likely that the Bank of England could raise interest rates next month for the first time in a decade. Continue Reading Below The Office for National Statistics […]