U.S. Business News - News Waver (2024)

28/04/2017

Toyota recalls 250K Tacoma pickups; rear wheels can lock up - News Waver

Toyota is recalling about 250,000 small pickup trucks mainly in North America because the rear wheels have the potential to lock up, causing...

28/04/2017

Uber's Levandowski to step aside amid Waymo litigation - News Waver

(Reuters) - Uber Technologies Inc [UBER.UL] said the head of its self-driving vehicles unit, Anthony Levandowski, will step aside from his role for...

28/04/2017

International arm helps Barclays post solid first-quarter - News Waver

Britain's Barclays Bank says its international operations helped shore up the company during the first quarter

27/04/2017

The Latest: Senate confirms Acosta as Trump's man at labor - News Waver

WASHINGTON (AP) -- The Latest on Alex Acosta&'s confirmation as President Donald Trump&'s secretary of labor (all times EDT):...

27/04/2017

Deutsche Bank Q1 profits rise as legal costs dwindle - News Waver

Deutsche Bank says net profit more than doubled in the first three months of the year as the bank pressed ahead with cost-cutting and saw more...

27/04/2017

United Airlines reaches settlement with passenger who was dragged off...

United Airlines just reached a settlement with Dr. David Dao, the passenger who was violently dragged off a flight earlier this month in an...

27/04/2017

Southwest Airlines to end practice of overbooking flights - News Waver

Southwest Airlines says it plans to stop overbooking flights - an industry practice implicated in an ugly incident on a United Airlines flight that...

27/04/2017

Mortgage rates rise while pending home sales dip - News Waver

27/04/2017

Coke falls shy of 1Q profit forecasts - News Waver

Coca-Cola Co. is reporting first-quarter earnings of $1.18 billion

26/04/2017

Mnuchin promises Trump's tax cuts will be biggest ever - News Waver

The Trump administration is finally outlining its plan for tax reform, which leans heavily on tax cuts.

26/04/2017

Are You in a Partnership, S-Corp or LLC? Here's How Trump's Tax Plans...

Cutting the tax rate to 15% for so-called pass-through businesses, as proposed by President Donald Trump as part of his tax plan, would be a...

26/04/2017

Tyson Foods to Buy Sandwich Maker AdvancePierre - News Waver

Tyson agreed to acquire sandwich-maker AdvancePierre in a $4.2 billion deal that will broaden the giant meat processor’s range of prepared foods.

26/04/2017

Coca-Cola to cut 1,200 jobs as sales slump - News Waver

Coca-Cola's sales continue to fizzle -- and the company is planning to cut 1,200 jobs to try and get back on track.

26/04/2017

Caterpillar tops Street 1Q forecasts - News Waver

Caterpillar Inc. reported first-quarter net income of $192 million

25/04/2017

O'Reilly surprised by Fox exit, says truth will come out - News Waver

LOS ANGELES (AP) -- Bill O&'Reilly says he&'s sad and surprised that he&'s off TV but is confident the truth will come out abo...

25/04/2017

The Latest: Wells Fargo executives apologize to shareholders - News Waver

PONTE VEDRA BEACH, Fla. (AP) -- The Latest on Wells Fargo&'s annual meeting after a scandal over the bank&'s sales practices (all time...

25/04/2017

US home prices rose at the fastest pace in nearly 3 years - News Waver

U.S. homes prices rose steadily upward in February as more homebuyers chased fewer available properties

24/04/2017

US stocks follow global markets higher after French election - News Waver

U.S. stocks joined a worldwide rally after election results in France over the weekend raised expectations that the European Union and euro...

24/04/2017

Luxury retailer Jimmy Choo puts itself up for sale - News Waver

LONDON (Reuters) - Luxury retailer Jimmy Choo is seeking offers for the company as part of a review of its strategic options to maximize...

21/04/2017

Morgan Stanley posts strong 1Q profit, helped by trading - News Waver

Wealth management and investment banking firm Morgan Stanley saw profits rise 74 percent in the first quarter, helped by its well-regarding trading...

21/04/2017

Sentence next for Volkswagen in US diesel emissions scandal - News Waver

DETROIT (AP) -- Volkswagen and the U.S. government are asking a judge to approve a $2.8 billion criminal penalty against the automaker for cheating...

21/04/2017

Markets Right Now: Banks lead early stock gains - News Waver

Stocks are opening higher on Wall Street, led by solid gains in banks

21/04/2017

Tesla Recalling 53,000 Vehicles Due to Faulty Parking Brake - News Waver

Tesla is voluntarily recalling 53,000 Model S and Model X vehicles over a potential issue that could prevent the parking brake from releasing.

20/04/2017

CSX predicts 25 percent profit jump as restructuring begins - News Waver

OMAHA, Neb. (AP) -- CSX Corp. says restructuring and cost cutting under new CEO Hunter Harrison will lift profits at the railroad around 25 percent...

20/04/2017

Mortgage rates remain in month-long slide, falling to lowest levels in...

The 30-year fixed-rate average hasn't been this low since November, dropping to below 4 percent for the first time this year.

20/04/2017

GM halts operations in Venezuela after factory is seized - News Waver

General Motors says it has halted operations in Venezuela after authorities seized a factory

19/04/2017

Bill O'Reilly out at Fox News - News Waver

Bill O'Reilly is done at Fox News, its parent company 21st Century Fox said Wednesday.

19/04/2017

AmEx's profit falls 13 percent on higher rewards spend - News Waver

(Reuters) - American Express Co posted a 13 percent fall in first-quarter profit, as it spent more on premium rewards to retain customers in a very...

19/04/2017

Internal memo on Bill O'Reilly sent to Fox News employees - News Waver

NEW YORK (AP) -- The following internal memo was sent to Fox News Channel employees on Wednesday:...

19/04/2017

Fed survey finds moderate economic growth in spring - News Waver

Federal Reserve survey finds tight labor markets, rising wages

19/04/2017

How dangerous air bags can find their way into used cars - News Waver

The near-death of a woman in a Nevada crash has exposed a hole in the government's efforts to get potentially dangerous Takata air bag inflators...

19/04/2017

US stocks start higher, led by tech and consumer companies - News Waver

Technology and consumer-focused companies are leading US stocks higher after a long holiday weekend

19/04/2017

Newspaper decline continues to weigh on AP earnings - News Waver

Earnings at The Associated Press shrank substantially last year compared with 2015, when the news organization enjoyed a one-time tax benefit that...

18/04/2017

United's 1Q profit fell 69 percent, before dragging incident - News Waver

DALLAS (AP) -- United Airlines&' profit plunged 69 percent in the first three months of the year, and that was before the terrible publicity s...

18/04/2017

US housing starts fell in March; still stronger than in 2016 - News Waver

U.S. builders broke ground on fewer homes in March, but the pace of construction so far this year remains stronger than in 2016

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