NEW YORK – The Trump SoHo hotel is dropping the name it shares with the U.S. president. Continue Reading Below The Trump Organization said Wednesday that it is ending its licensing deal with the New York hotel amid reports that the property has struggled to attract business. The company owned […]
FOX Business News
Judge: Lawsuit challenging Keystone pipeline can continue
GREAT FALLS, Mont. – A federal judge on Wednesday rejected a bid by the Donald Trump administration to dismiss a lawsuit that challenges a presidential permit for the proposed Keystone XL oil pipeline from Canada. Continue Reading Below U.S. District Judge Brian Morris in Great Falls, Montana, dismissed U.S. Justice […]
Why Guess?, Inc. Stock Fell Wednesday
What happened Continue Reading Below Shares of apparel retailer Guess? (NYSE: GES) fell as much as 14.9% on Wednesday, following the company’s earnings release for its third quarter of fiscal year 2018. The stock is down 13.4% at the time of this writing. The likely reason for pessimism toward the stock […]
3 Things TransCanada Corporation Wants You to Know About the Safety of Its Dividend Growth Plan
TransCanada (NYSE: TRP) seemed to stumble backward in the third quarter, considering that cash flow plunged more than 29% on a per-share basis versus the year-ago period. At first glance, that steep decline makes it appear as if the company’s generous 3.7%-yielding dividend might not be on solid ground. However, that’s not […]
Climate activist convicted after pipeline protest in Montana
FORT BENTON, Mont. – An activist who was trying to call attention to climate change was found guilty of criminal charges on Wednesday for closing a valve last year on a pipeline carrying crude oil from Canada to the United States. Continue Reading Below A Montana jury found Leonard Higgins […]
Atlantic City Q3 casino earnings up nearly 21 percent
ATLANTIC CITY, N.J. – Atlantic City’s casino earnings increased by nearly 21 percent in the third quarter of this year compared with a year ago, according to figures released Wednesday. Continue Reading Below The seven casinos posted a gross operating profit of $252.5 million for the quarter, the New Jersey […]
Quad-City airport launches alliance with local businesses
MOLINE, Ill. – An airport in western Illinois is launching an initiative to encourage area businesses along the Illinois-Iowa border to prioritize flying local. Continue Reading Below The Fly Local Alliance program comes as the Quad-City International Airport in Moline works to increase its passenger numbers, the Quad-City Times reported […]
Forest Service weighs changes to protections for sage grouse
BOISE, Idaho – The U.S. Forest Service is rethinking protection plans for sage grouse in six Western states after a U.S. court agreed with mining companies that the agency illegally created some safeguards in Nevada. Continue Reading Below The agency announced Tuesday that it’s working with the U.S. Bureau of […]
FTC says it is evaluating ‘serious issues’ raised in Uber’s handling of a data breach
WASHINGTON (Reuters) – The Federal Trade Commission, which investigates companies accused of being sloppy with consumer data, said it was “closely evaluating the serious issues” raised in Uber’s handling of its hack last year, an FTC spokesman said on Wednesday. Continue Reading Below “We are aware of press reports describing […]
Why Shares of GameStop Jumped Today
What happened Continue Reading Below Shares of video game retailer GameStop (NYSE: GME) jumped on Wednesday following a third-quarter report that beat analyst expectations. A surprise jump in comparable sales pushed revenue higher, while some discrete tax items led to a big earnings beat. The stock was up about 7% […]