JERUSALEM – Israel Aerospace Industries says it has formed a joint venture with Korean company Hankuk Carbon to make unmanned aircraft together. Continue Reading Below It says the new company, called Korea Aviation Technologies, will develop drones with vertical takeoff and landing capabilities. Its products will be aimed at both […]
FOX News
J&J reports 11.9 pct fall in quarterly profit
Oct 17 (Reuters) – Johnson & Johnson, which completed its $30 billion acquisition of Swiss biotech Actelion in June, reported a 11.9 percent fall in quarterly profit as costs rose. Continue Reading Below The company’s net earnings fell to $3.76 billion, or $1.37 per share, in the third quarter from […]
UnitedHealth beats 3Q earnings forecast, hikes 2017 guidance
UnitedHealth Groups’ third-quarter earnings soared 26 percent to beat Wall Street expectations as its growing Optum business segment once again helped the nation’s largest health insurer. Continue Reading Below The Minnetonka, Minnesota, company earned nearly $2.49 billion as revenue grew 9 percent to $50.32 billion. Adjusted earnings totaled $2.66 per […]
Volvo’s electric car brand Polestar unveils first model
BEIJING – Volvo Cars’ performance electric car brand, Polestar, unveiled its first model Tuesday, adding to competition in a market dominated until now by Tesla. Continue Reading Below The hybrid Polestar 1, a four-seat coupe with a lightweight carbon-fiber body, promises a range of 150 kilometers (95 miles) on a […]
NFL to tackle protests as Trump decries ‘disrespectful’ players
The National Football League will tackle criticism from President Donald Trump over players who protest racial discrimination by kneeling during the U.S. national anthem when league officials gather with team owners in New York for their autumn meeting this week. Continue Reading Below Trump has continued to rail at the […]
Oil minister says Trump should let US oil firms into Iran
TEHRAN, Iran – Iran’s oil minister says President Donald Trump should allow American oil firms to do business in the Islamic Republic. Continue Reading Below Bijan Zanganeh’s comments on Tuesday come as Americans and U.S. companies are still barred from directly doing business with Iran. That’s even with the 2015 […]
UK inflation rises to 3 percent in year to September, a full percentage point above the Bank of England’s target
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Risk premium returns to oil over Iraq fighting, rising US-Iran tensions
Oil prices steadied on Tuesday, holding on to gains made as fighting between Iraqi and Kurdish forces threatened supplies from northern Iraq while political tension rose between the United States and Iran. Continue Reading Below After months of rangebound trading during which OPEC-led supply cuts supported crude values but rising […]
Asian stocks gain after Wall Street records
BEIJING – Asian stocks rose Tuesday after Wall Street’s major indexes hit new highs as China prepared to open a key political meeting. Continue Reading Below KEEPING SCORE: The Shanghai Composite Index was unchanged at 3,380.38 and Tokyo’s Nikkei 225 gained 0.3 percent to 21,325.67. Hong Kong’s Hang Seng gained […]
Judge, Sabathia help Yankees beat Astros 8-1, trail ALCS 2-1
Back in the Bronx, the big guys delivered. Continue Reading Below Greeted by an array of “All Rise” signs in a ballpark that fits their style, Aaron Judge hit a three-run homer and made a pair of sparkling catches, leading CC Sabathia and the New York Yankees over the […]