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Workers: Force majeure at ExxonMobil Nigeria may last weeks

July 23, 2016 WARRI, Nigeria — The force majeure — or freedom from contractual obligations because of extraordinary circumstances — declared by ExxonMobil on Nigeria’s largest crude stream could last a month... more »»

IMF chief Lagarde to stand trial in France

July 23, 2016 PARIS — France's top court has ruled that International Monetary Fund chief Christine Lagarde must stand trial in France over a 2008 arbitration ruling that handed 400 million euros to a... more »»

Fiat Chrysler recalls about 410K vehicles

July 23, 2016 DETROIT — Fiat Chrysler is recalling nearly 410,000 vehicles worldwide because a wiring problem can cause them to move slowly. more »»

Dept. of Justice sues to block health insurance mergers

July 22, 2016 WASHINGTON, D.C. — The U.S. government is suing to stop two major health insurance mergers, a move regulators say is needed to protect Americans from potential cost hikes and lower quality care. more »»

Chipotle pulls out the stops to win back customers

July 22, 2016 NEW YORK — Chipotle saw a smaller drop in sales as it tries to win back customers, but the company says it doesn’t know how long it will take to fully recover after an E. more »»

Starbucks cuts sales forecast, growth slows

July 22, 2016 NEW YORK — Starbucks trimmed its sales forecast Thursday after revenue came in lighter than expected in the most recent quarter. more »»

Visa earnings fall due to costs of Visa Europe

July 22, 2016 NEW YORK — Credit and debit card processor Visa Inc. more »»

Dow Chemical and DuPont say shareholders approved merger

July 21, 2016 NEW YORK — Shareholders for agriculture and chemicals companies DuPont and Dow Chemical have approved their merger. After it’s complete, the century-old companies plan to break up into three parts. more »»

AP's executive editor Kathleen Carroll stepping down

July 21, 2016 NEW YORK — Kathleen Carroll, the executive editor of The Associated Press who championed ambitious, investigative journalism and pushed the cooperative forward in a rapidly changing digital world,... more »»

American Express 2Q earnings jump

July 21, 2016 NEW YORK — American Express said Wednesday that its second-quarter profit jumped 37 percent, helped by the sale of its Costco credit card portfolio and increased spending on its namesake cards. more »»

Microsoft betting its future on the cloud

July 20, 2016 SAN FRANCISCO — In a world where there's a smartphone app for everything, one company __ Amazon.com Inc. — has long been the host for an outsized share of online software and computing services. more »»

US home construction posted solid gain in June

July 20, 2016 WASHINGTON — Construction of new homes posted a solid increase in June, led by a surge of building in the Northeast and the West. The Commerce Department said Tuesday that housing starts rose 4. more »»

Yahoo reports another big loss

July 19, 2016 SAN FRANCISCO — Yahoo’s latest earnings report leaves no doubt the internet company is stuck in a downward spiral. more »»

With millions covered, ‘repeal and replace’ gets much riskier

July 19, 2016 WASHINGTON — As Republicans gather to anoint their presidential ticket in Cleveland, uncompromising opposition to “Obamacare” is getting politically riskier. more »»

US economy looks resilient as retailers, industry surge

July 16, 2016 WASHINGTON — Americans spent more money at retailers and factories revved up production in June, offering encouraging signs of the U.S. economy’s resilience in the face of global headwinds. more »»

Herbalife dodges most serious charges from US

July 16, 2016 NEW YORK — Federal regulators closed an investigation of the multinational, nutritional supplements company Herbalife, which has for years been dogged by accusations that it was run as an elaborate... more »»

White House: Budget deficit to rise to $600B

July 16, 2016 WASHINGTON — The White House on Friday predicted that the government's budget deficit will hit $600 billion, an increase of $162 billion over last year's tally and a reversal of a steady trend of... more »»

Consumer Reports says Tesla should drop Autopilot name

July 15, 2016 DETROIT — Consumer Reports said Thursday that Tesla Motors is misleading car owners by calling its semi-autonomous driving system “Autopilot,” potentially giving them too much trust in their car’s... more »»

JPMorgan's results beat forecasts

July 15, 2016 NEW YORK — JPMorgan Chase & Co. reported solid second-quarter earnings Thursday as trading revenue jumped. The bank was also able to continue cutting expenses. In a sign that the U.S. more »»

 
 
 

 

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