NEW YORK – Best Buy is expanding an after-school tech program for underprivileged teens as it hopes to create workers with the skills to serve increasingly savvy shoppers as well as groom future inventors who can help fill its stores with new gadgets. Continue Reading Below The Minneapolis-based chain said […]
FOX News
Boeing tops Street 3Q forecasts
CHICAGO – Boeing is reporting a better-than-expected, third-quarter net income of $1.85 billion and raising its outlook for the year. Continue Reading Below The Chicago company earned $3.06 per share, or $2.72 when adjusted for one-time gains and charges. That’s 7 cents better than industry analysts had predicted, according to […]
Coca-Cola’s quarterly profit jumps 38%
Oct 25 (Reuters) – Coca-Cola Co reported a 38 percent jump in quarterly profit, helped by cost-cutting and higher demand for Sprite and tea and coffee in North America, its biggest market. Continue Reading Below Net income attributable to the company’s shareholders rose to $1.45 billion, or 33 cents per […]
Swedish prosecutor appeal Bombardier acquittal
COPENHAGEN, Denmark – Sweden’s prosecutors have appealed the acquittal of a Russian employee with the local branch of Canadian plane and train maker Bombardier who was accused of aggravated bribery in one of Sweden’s biggest corruption cases to date. Continue Reading Below A Stockholm court ruled Oct. 11 “it could […]
New law allows NY to restrict oil tanker Hudson anchorages
ALBANY, N.Y. – A new law allows New York state to create guidelines that will restrict where oil tankers can anchor on the Hudson River. Continue Reading Below Gov. Andrew Cuomo on Tuesday signed legislation that lets the state establish guidelines for “tanker avoidance zones.” The Democrat says the new […]
UK economy picks up slightly, making rate hike more likely
LONDON – Britain’s economy grew by slightly more than expected in the three months through September, official figures showed Wednesday, making it more likely that the Bank of England could raise interest rates next month for the first time in a decade. Continue Reading Below The Office for National Statistics […]
Egyptian president meets with French business leaders
PARIS – Egyptian President Abdel-Fattah el-Sissi met Wednesday with French finance minister Bruno Le Maire and a dozen business leaders on the third day of his official visit to France. Continue Reading Below Several French companies, including oil giant Total and underground metro operator RATP, were hoping to secure future […]
German business optimism hits new record high in October
BERLIN – A closely watched survey shows German business optimism hit a new record high in October, buoyed by a strong economy. Continue Reading Below The Munich-based Ifo institute said Wednesday its business climate indicator climbed to 116.7 points in October, from 115.3 points the previous month. Ifo President Clemens […]
Senate GOP votes to repeal consumer rule
WASHINGTON – In a further rollback of Obama-era regulations, the Republican-led Senate voted narrowly to repeal a banking rule that would have allowed consumers to join together to sue their bank or credit card company to resolve financial disputes. Continue Reading Below Vice President Mike Pence cast the final vote […]
AP FACT CHECK: Trump cites 70,000 jobs from Boeing order
DALLAS – It’s a big deal for a big company — Boeing’s nearly $14 billion contract to sell Singapore Airlines 39 planes. Continue Reading Below But is President Donald Trump right that 70,000 or so U.S. jobs will flow from the contract? Depends on how you look at it. Boeing […]