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Archive: (20 Stories)

Statoil earnings fall despite sales increase

10/30/2013 2:47am
Norway's Statoil saw third-quarter earnings sink 6 percent compared to a year ago due to falling natural gas prices, higher expenses, and charges on refineries, the oil giant said Wednesday.

Volkswagen operating profits rise on slower sales

10/30/2013 4:48am
German automaker Volkswagen AG said Wednesday its operating profits rose 20 percent in the third quarter as the company focused on holding down costs in a tough sales environment.

Comcast 3Q profit declines, still beats Street

10/30/2013 5:13am
Comcast posted a drop in third-quarter earnings that was milder than expected as its NBCUniversal media subsidiary overcame the absence of Olympics programming with better movie studio performance and upbeat spending at its theme parks.

Barclays reveals currency trading investigation

10/30/2013 5:21am
Barclays revealed Wednesday that it is the subject of an international investigation over possible manipulation of currency trading _ another hit on the reputation of Britain's second-biggest bank.

Panasonic, Tesla sign deal to expand cell supply

10/30/2013 7:28am
Electric car maker Tesla Motors has signed a deal with Japan's Panasonic Corp. to expand its supply of battery cells.

PricewaterhouseCoopers to buy Booz & Co.

10/30/2013 8:12am
Accounting giant PricewaterhouseCoopers has agreed to buy management consulting firm Booz & Co., which would help to expand its advisory services.

Surgical Care Affiliates climbs after $235M IPO

10/30/2013 8:53am
Shares of Surgical Care Affiliates are rising after the outpatient surgical center operator's initial public offering raised a total of $234.7 million.

Brixmor Property rises in 1st day on the NYSE

10/30/2013 9:06am
Shares of Brixmor Property Group Inc. climbed Wednesday on the real estate firm's first day as a publicly traded company.

A real fright: Tips for tackling financial fears

10/30/2013 9:27am
Zombies can be terrifying, but many of us have a greater fear of the "walking debt." In most cases, financial fears can be conquered, however.

News Summary: Mob links prompt bank inspections

10/30/2013 10:18am
BANK INSPECTION: Japan's Financial Services Agency plans inspections of the country's biggest banks after finding loans linked to organized crime at No. 2 lender Mizuho.

City: Odor from Sriracha chili plant a nuisance

10/30/2013 11:03am
It looked like things were really starting to heat up for this little Southern California factory town when the maker of the Sriracha chili sauce known the world over decided to open a sprawling 650,000-square-foot factory within its borders.

L'Oreal sees sales fall slightly as Asia slows

10/30/2013 11:36am
French cosmetics giant L'Oreal says revenue fell slightly in the third quarter, as sales slowed in Asia, a market the company increasingly relies on. 

Fiat lowers 2013 earnings targets

10/30/2013 11:58am
Italian carmaker Fiat, which controls Chrysler LLC, lowered its 2013 earnings targets Wednesday after reporting a third-quarter loss due to continued weakness in Europe and lower sales in Brazil.

Celebrity-store partnerships run risks

10/30/2013 12:54pm
When big-name celebrities pair up with big businesses, customers often believe the adage: You are the company you keep.

Bentley, Lamborghini recall cars for brake defect

10/30/2013 1:54pm
Luxury car makers Bentley and Lamborghini are recalling 1,136 cars between them for brake problems.

Spirit Airlines mulls tying fees to flight demand

10/30/2013 3:31pm
The complex world of airlines fees might soon get even more confusing.

Boeing to scatter 777 design work to several sites

10/30/2013 4:42pm
Boeing said much of the design work for a major overhaul of its 777 will be done outside of its main commercial airplane base in the Seattle area.

American, US Airways aim to settle merger lawsuit

10/30/2013 4:46pm
American Airlines and US Airways will propose giving up some takeoff and landing rights at Washington's Reagan National Airport in hopes of settling a government lawsuit blocking their merger, two people familiar with the discussions say.

US declines to name China currency manipulator

10/30/2013 6:43pm
The Obama administration has raised concerns about the value of China's currency but declined again to accuse Beijing of manipulating it. But it had sharp criticism for Germany, a traditional ally, saying that country needs to do more to rebalance growth in Europe and the global economy.

McDonald's to sell bagged coffee next year

10/30/2013 6:57pm
Fans of McDonald's coffee will soon be able to brew a cup of it at home.

KSL Weather Forecast

Updated: Monday February 18, 2019 12:39 pm