AMMAN, Jordan – Royal Jordanian turned a net profit in the first nine months of this year, after “many years of losses,” its new CEO said Tuesday, as he presented a multi-year plan to turn the national carrier into the No. 1 airline in the Levant. Continue Reading Below Stefan […]
FOX News
Top aides to push for tax plan while Trump is in Asia
WASHINGTON – Top White House aides, including Ivanka Trump, will be lobbying in the U.S. for a tax overhaul while President Donald Trump is traveling in Asia. Continue Reading Below A White House official says Treasury Secretary Steven Mnuchin, Director of the National Economic Council Gary Cohn and White House […]
UK payments to EU are half sum touted by Brexit advocates
LONDON – Britain’s statistics agency says the country’s contribution to the European Union’s coffers last year was around half the amount some advocates of Brexit claimed during last year’s referendum. Continue Reading Below The Office for National Statistics said Tuesday that Britain’s net transfer to the EU in 2016 was […]
US home prices rose in August even as sales slipped
WASHINGTON (AP) — U.S. home prices rose sharply in August from a year ago, a trend that is thwarting many would-be buyers and potentially slowing sales. Continue Reading Below The Standard & Poor’s CoreLogic Case-Shiller national home price index increased 6.1 percent in August from a year earlier. That’s higher […]
Mastercard’s quarterly profit rises 21%
Oct 31 (Reuters) – Mastercard Inc. (MA), the world’s second-biggest payments network, reported a 21 percent rise in quarterly profit on Tuesday as consumers spent more globally and it fought for market share over other payment channels. Continue Reading Below Net income rose to $1.43 billion or $1.34 per share […]
Burberry’s Christopher Bailey to leave iconic British brand
LONDON – Designer Christopher Bailey, who was replaced as Burberry chief executive earlier this year, will leave the British brand in 2018, ending a 17-year stint in which he helped transform a company once known mainly for trench coats into a global luxury icon. Continue Reading Below Bailey added the […]
Pfizer beats 3Q net forecasts on lower charges, higher sales
NEW YORK – Pfizer doubled its third-quarter profit, on a combination of slightly higher sales, lower one-time charges and reduced spending on production and administration. The drug giant edged past Wall Street’s profit expectations and improved its 2017 financial forecast. Continue Reading Below The maker of Viagra and pain treatment […]
Aetna tops 3Q profit forecasts
HARTFORD, Conn. – Aetna is reporting a third-quarter profit of $838 million, easily beating Wall Street expectations, though revenue was weaker than expected. Continue Reading Below The Hartford, Connecticut, company had profit of $2.52 per share, or $2.45 when adjusted for one-time charges and gains. That’s much better than the […]
Aetna’s profit rises 39% in 3rd quarter
Oct 31 (Reuters) – Aetna Inc. (AET) cut losses in its Obamacare business in the third quarter, helping the U.S. health insurer post a higher-than-expected profit and raise its full-year earnings forecast. Continue Reading Below Aetna’s results come days after Reuters reported that pharmacy operator CVS Health offered to buy the […]
U.S. trade panel set to recommend solar trade tariffs
Federal trade officials on Tuesday will recommend measures to safeguard struggling domestic solar panel manufacturers against cheap imports in a closely watched case that could have a major impact on the price of U.S. solar power. Continue Reading Below The vote by the U.S. International Trade Commission is a major […]