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Higher Fuel Costs Hit Airlines

Higher Fuel Costs Hit Airlines

Many of the biggest U.S. airlines are cutting flights and raising fares to counteract rising fuel prices that are threatening a long run of profitability.

Published 2 weeks ago

Amazon profits buoyed despite sales dampener

Amazon profits buoyed despite sales dampener

Cloud computing business and ecommerce drive results

Published 1 second ago

Marchionne received treatment for a year, says Swiss hospital

Marchionne received treatment for a year, says Swiss hospital

University Hospital Zurich reveals ex-Fiat chief had an unspecified ‘serious illness’

Published 1 second ago

Justice Department Investigates TV Station Owners Over Advertising Sales

Justice Department Investigates TV Station Owners Over Advertising Sales

The Department of Justice is investigating whether television station owners violated antitrust law in ways that inflated local television advertising prices, according to people familiar with the matter.

Published 2 weeks ago

Facebook Shares Tumble on Growth Concerns

Facebook Shares Tumble on Growth Concerns

Facebook shares tumbled after the social-media company warned that its growth is slowing, knocking down a stock that had been a pillar for the market. The loss in market cap is among the biggest-ever single-day drops.

Published 2 weeks ago

Big Oil’s New Strategy: Smaller Wells, Smarter Tech

Big Oil’s New Strategy: Smaller Wells, Smarter Tech

For years, oil giants vied to drill bigger, deeper, more complex wells. But an increasingly cost-conscious industry is experimenting with technology to open up resources long thought too small or remote to bother with.

Published 2 weeks ago

Americans’ Declining Taste for Bud Weighs on AB InBev

Americans’ Declining Taste for Bud Weighs on AB InBev

Anheuser-Busch InBev reported a rise in second-quarter profit but the brewer still has a way to go in its quest to woo increasingly fickle American drinkers.

Published 2 weeks ago

Facebook Shares Tumble on Growth Concerns

Facebook Shares Tumble on Growth Concerns

Facebook shares tumbled after the social-media company warned that its growth is slowing, knocking down a stock that had been a pillar for the market. The loss in market cap is among the biggest-ever single-day drops.

Published 2 weeks ago

UBS to review misconduct policies after rape claim

UBS to review misconduct policies after rape claim

Employee contacted chief executive to complain about how the bank dealt with her case

Published 1 second ago

EU’s White House Trade Talks Went From Uncertainty to Lowered Tensions

EU’s White House Trade Talks Went From Uncertainty to Lowered Tensions

European Commission President Jean-Claude Juncker and U.S. President Donald Trump ushered in a potentially significant de-escalation of trade tensions.

Published 2 weeks ago

Facebook Shares Tumble on Growth Concerns

Facebook Shares Tumble on Growth Concerns

Facebook shares tumbled after the social-media company warned that its growth is slowing, knocking down a stock that had been a pillar for the market. The loss in market cap is among the biggest-ever single-day drops.

Published 2 weeks ago

Trump Organization Finance Chief Called to Testify Before Federal Grand Jury

Trump Organization Finance Chief Called to Testify Before Federal Grand Jury

Allen Weisselberg, a longtime financial gatekeeper for President Donald Trump, has been subpoenaed to testify before a federal grand jury in the criminal probe of Mr. Trump’s former personal lawyer, Michael Cohen.

Published 2 weeks ago

Rep. Jim Jordan Declares Candidacy for House Speaker

Rep. Jim Jordan Declares Candidacy for House Speaker

Rep. Jim Jordan, an Ohio Republican, said he would run to succeed retiring House Speaker Paul Ryan, ratcheting up a contest that House Republican leaders had hoped to largely defer until this fall.

Published 2 weeks ago

Steve Bannon’s plot for the downfall of old Europe

Steve Bannon’s plot for the downfall of old Europe

The next EU parliament elections are a chance to defeat the far-right

Published 1 second ago