Investors did not take kindly to the disappointing third quarter earnings from Papa John’s International (NASDAQ: PZZA). Diluted earnings per share came in at $0.60, a 5.3% year-over-year increase, on the back of 2.2% revenue growth to $431.7 million. But the most worrisome metric was the paltry 1% North American comparable-store […]
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What Are America’s Fastest-Growing Industries?
If you ask me to name the No. 1 fastest growing industry in the United States, you’ll probably expect the answer: It’s computer systems design. Continue Reading Below Chances are, that doesn’t surprise you even a little bit. But what if I told you that seven of the top 10 […]
Under Trump, stock market has best first year since FDR
Stocks have been on a tear ever since President Donald Trump surprised the political world with an election victory on Nov. 8, 2016. In fact, on the one-year anniversary of Trump’s win, the Dow has booked its best-ever first year under a new administration since 1945. Continue Reading Below The […]
India lauds last year’s rupee swap, even as economy slows
NEW DELHI – One year after India overhauled its currency, yanking 86 percent of its notes out of circulation without warning, many Indians still aren’t sure if it was worth it. Continue Reading Below Economic growth has slowed. Unemployment has risen. And corruption remains a scourge nationwide. Prime Minister Narendra […]
‘7 Years in Tibet’ director caught in tax haven accusations
PARIS – French filmmaker Jean-Jacques Annaud, the maker of Mirage fighter jets and oil giant Total SA are among high-profile French names defending themselves after leaked documents showed they used tax havens. Continue Reading Below As part of the “Paradise Papers” global investigative reporting, French media reported Wednesday that Annaud […]
Pacific Rim countries seek accord on open markets at APEC
DANANG, Vietnam – Foreign and trade ministers of 21 Pacific Rim economies were working Wednesday to reach a consensus on open markets despite the U.S. pushback on “free trade” ahead of summit meetings in a Vietnamese coastal resort city this week. Continue Reading Below Vietnamese Foreign Affairs Minister Pham Binh […]
GOP tax bill would kill deduction for student loan interest
WASHINGTON – Millions of Americans would lose the ability to deduct up to $2,500 in student loan interest under the Republican tax bill, a proposal that education advocates say will make college less affordable. Continue Reading Below But supporters of the measure say the loss will be offset by other […]
As Trump arrives, China reports narrower surplus with US
BEIJING – China reported that its politically volatile trade surplus with the United States narrowed in October from the previous month as President Donald Trump arrived Wednesday on an official visit with commercial issues high on his agenda. Continue Reading Below China’s global exports rose 6.9 percent to $188.9 billion, […]
Oil falls on lower Chinese crude imports; overall market well supported
Oil prices fell on Wednesday as Chinese crude imports slipped to their lowest level in a year, although traders said the overall market remains well supported because of OPEC-led supply cuts. Continue Reading Below Traders said they were closely eyeing escalating tensions in the Middle East, especially between regional rivals […]
Asian markets fall after Wall Street decline
BEIJING – Asian stocks fell following Wall Street’s decline as President Donald Trump delivered a new warning Wednesday to North Korea in a speech to South Korean lawmakers. Continue Reading Below KEEPING SCORE: Japan’s Nikkei 225 index shed 0.1 percent to 22,913.82 and Hong Kong’s Hang Seng retreated 0.1 percent […]