NEW YORK – The latest on developments in financial markets (All times local): Continue Reading Below 12:05 p.m. U.S. stocks are rising led by industrial companies and banks as major indexes recover some of the previous day’s losses. Among industrial companies, Caterpillar reported better-than-expected third-quarter results and jumped 4.8 percent […]
FOX News
Big gains for Caterpillar and 3M lead US stocks higher
NEW YORK – U.S. stocks are rising Tuesday as construction equipment maker Caterpillar and Post-it note maker 3M lead a rally in industrial companies, while banks are climbing along with interest rates. Technology companies are also advancing. Steep losses for drugmakers Biogen and Eli Lilly and health insurer Centene are […]
Virginia newspaper offering buyouts to workers
NORFOLK, Va. – The publisher of The Virginian-Pilot in Norfolk is offering buyouts to workers that could result in a nearly 10 percent reduction in the paper’s workforce. Continue Reading Below The newspaper reports that employees with 25 years or more are receiving the buyout offer. Layoffs will follow if […]
Feds will allow East Coast fishermen to catch more herring
PORTLAND, Maine – Fishing regulators say they are increasing the amount that harvesters can catch of a key bait fish off the East Coast. Continue Reading Below The National Oceanic and Atmospheric Administration says it is allowing about 2.2 million pounds more Atlantic herring quota in the inshore Gulf of […]
Louvre asks public to fund prayer book’s return to France
PARIS – The Louvre museum in Paris is calling on the public to help bring back one of the French Renaissance’s greatest decorative works of art. Continue Reading Below The Book of Hours prayer book — a manuscript bound in gold and encrusted with emerald, ruby and turquoise gemstones — […]
Mika Brzezinski sets release dates for next 3 books
NEW YORK – Mika Brzezinski (brzezin-ski) has release dates set for her next three books. Continue Reading Below The “Morning Joe” co-host will publish three works over the next two years in her “Know Your Value” series, Hachette Books told The Associated Press on Tuesday. Along with a September 2018 […]
The Latest: Saudi crown prince announces plans for new city
RIYADH, Saudi Arabia – The Latest on a major investment conference being held in Saudi Arabia (all times local): Continue Reading Below 4:15 p.m. Saudi Arabia’s Crown Prince Mohammed bin Salman has announced plans for a new $500 billion city to be built in the country’s northwest that will be […]
New Jersey all-male women’s empowerment panel canceled
MAPLE SHADE, N.J. – A New Jersey-based magazine owned by women has canceled a women’s empowerment panel following criticism because the participants were all men. Continue Reading Below In a statement released Monday, SJ Magazine says it believes it is “helpful when everyone is part of the conversation on women’s […]
Lilly tops Street 3Q forecasts, considers business sale
INDIANAPOLIS – Eli Lilly is weighing the sale of an animal health business that the drugmaker once touted as key in helping it overcome the loss of patent protection for some top-selling drugs. Continue Reading Below Lilly said Tuesday that alternatives for its Elanco Animal Health business also include an […]
Caterpillar blows past Wall Street estimates, share rise
Oct 24 (Reuters) – Caterpillar Inc. (CAT) smashed Wall Street’s profit and sales estimates, driven by robust demand for its construction equipment in North America and China, and raised its full-year forecasts, sending its shares up 6 percent. Continue Reading Below Sales surged across all of the company’s key businesses […]