Amazon executives remained mum Thursday on rumors that the e-commerce giant is taking steps to become a wholesale distributor of pharmaceuticals. Continue Reading Below The Seattle-based company’s shares spiked more than 7% in after-hours trading after it topped estimates for net income and total revenue. Meanwhile, U.S. pharmaceutical stocks plunged […]
FOX News
Visa Inc. Wages War on Cash
The world is moving steadily away from cash and toward digital forms of payment. Continue Reading Below Visa (NYSE: V), however, would like to accelerate this trend. The largest credit card processor is offering businesses as much as $10,000 to use toward “going cashless” activities, as part of its Cashless […]
American Airlines CEO sees opportunity in NAACP criticism
DALLAS – The CEO of American Airlines says he is looking forward to company representatives meeting with the NAACP to discuss the civil rights group’s charge that carrier has a culture of racial insensitivity. Continue Reading Below The NAACP earlier this week warned African-Americans that if they fly on American […]
CSX executive shakeup rattles employees, investors; shares drop
The resignation of two prominent female executives at CSX Corp (CSX) hours before CSX canceled a long-planned investor conference this week rattled employees and investors on Thursday, sending the No. 3 U.S. railroad’s shares down 1 percent. Continue Reading Below The resignations prompted concerns over the health of 72-year-old Chief […]
Companies are looking for diverse ad teams to avoid blunders
NEW YORK – CoverGirl executive Ukonwa Ojo was struck when the team from an ad agency entered the room to pitch ideas for revamping the cosmetic company’s image. For the first time in Ojo’s more than 20-year career in business, she found herself working with an African-American creative director. Continue […]
Labor Department: Solar, wind jobs to boom over next decade
WASHINGTON – President Donald Trump pledges to revive the nation’s struggling coal mines, but new data from the federal agency that tracks employment growth suggests blue-collar job seekers would do better to look to clean energy. Continue Reading Below According to projections released this week by the Bureau of Labor […]
Trump signs $36.5 billion emergency aid bill for disasters
WASHINGTON – President Donald Trump has signed a $36.5 billion emergency aid measure to refill disaster accounts, provide a cash infusion to Puerto Rico and bail out the federal flood insurance program. Continue Reading Below The president signed the bill Thursday after the Senate sent him the measure earlier this […]
Congressional committees probe Puerto Rico contract award
WASHINGTON – Multiple committees in the House and Senate are investigating a $300 million contract awarded to a small Montana company to help restore Puerto Rico’s damaged power grid. Continue Reading Below The Puerto Rico Electric Power Authority awarded the contract to tiny Whitefish Energy Holdings to restore transmission and […]
PUC says Enbridge must disclose Line 3 oil spill projections
ST. PAUL, Minn. – Enbridge Energy must publicly disclose its projections for potential oil spills from its proposed Line 3 replacement pipeline across northern Minnesota, regulators decided Thursday. Continue Reading Below The modeling data set includes the probability of large spills at seven water crossings. Enbridge submitted it to the […]
The Latest: White House praises GOP budget passage by House
WASHINGTON – The Latest on the GOP budget plan in the House (all times local): Continue Reading Below 12:10 p.m. The White House is praising the House passage of a budget as a necessary step for a tax overhaul. Spokeswoman Sarah Huckabee Sanders says in a statement the vote “sets […]