Target reported a better-than-expected 0.9 percent rise in comparable sales, as price cuts on several everyday items helped drive traffic at its stores and website. Continue Reading Below Analysts on average had expected sales at stores open at least a year to increase 0.4 percent, according to Thomson Reuters I/B/E/S. […]
FOX Business News
China October auto sales stall as sedan demand shrinks
BEIJING – China’s auto sales growth fell below 1 percent in October as demand for sedans contracted, an industry group said Wednesday. Continue Reading Below Sales rose 0.4 percent over a year ago to 2.3 million units, down from September’s 4.1 percent growth, according to the China Association of Automobile […]
Volkswagen managers’ offices searched amid pay probe
BERLIN – Investigators have searched the offices of two senior Volkswagen executives and the company’s influential employee council chief in an operation apparently related to a probe of pay for employee representatives. Continue Reading Below News agency dpa reported Wednesday that Volkswagen confirmed the offices of personnel chief Karlheinz Blessing […]
3-year-old girl survives Russia plane crash that kills 6
MOSCOW – A 3-year-old girl was the only survivor of a plane crash in far eastern Russia, which killed six people Wednesday, officials said. Continue Reading Below An L-410 twin-engine turboprop crashed while trying to land at a small airport near the village of Nelkan. The aircraft, which belonged to […]
AP Explains: What happened when Russia bought Uranium One
WASHINGTON – The sale of Uranium One, a Canadian firm with rights to mine U.S. uranium, to a Russian company is in the news again with the Department of Justice signaling it could appoint a special counsel to look into the matter. Continue Reading Below President Donald Trump and his […]
Papa John’s apologizes for criticizing NFL anthem protests
Papa John’s is apologizing for comments made by CEO John Schnatter blaming sluggish pizza sales on NFL players kneeling during the national anthem. Continue Reading Below Papa John’s is a major NFL sponsor and advertiser, and Schnatter said on an earnings call Nov. 1 that “NFL leadership has hurt Papa […]
Airbus to sell 430 planes to Indigo for $49.5 billion
DUBAI, United Arab Emirates – Airbus announced on Wednesday that it will sell 430 airplanes to U.S. firm Indigo Partners for $49.5 billion in the European firm’s biggest deal ever. Continue Reading Below The announcement came at the Dubai Air Show and the deal includes 273 A320neos and 157 A321neos. […]
Asian shares fall, tracking Wall St, drop in oil prices
TOKYO – Shares fell in Asia on Wednesday, with Japan’s Nikkei 225 index slumping 1.6 percent after a lackluster GDP report for July-September. The region’s markets tracked modest losses overnight on Wall Street, where the biggest drop in crude oil prices since October weighed on oil producers and other energy […]
U.S. investor nears record 400-jet Airbus order: sources
Airline pioneer Bill Franke looked set to place a historic $40 billion order for around 400 Airbus A320 jets, shaking up the low-cost industry and turning the annual race between Airbus and Boeing for plane orders on its head. Continue Reading Below Franke, 80, flew to the United Arab Emirates […]
Hydroponic histrionics? Organic purists assail designation
MONTPELIER, Vt. – Can you call a tomato grown in a nutrient solution instead of dirt “organic”? Some purists don’t think so. Continue Reading Below The National Organic Standards Board, which advises the U.S. Department of Agriculture, voted this month against a proposal to exclude hydroponics and aquaponics — the […]