AP Business

Union Pacific railroad’s quarterly profit falls 19% as volumes slow and costs remain high

0
OMAHA, Neb. (AP) — Union Pacific's third-quarter profit fell 19% as the railroad hauled fewer shipments and costs remained high, but the average speed...

Applications for US jobless benefits fall to lowest level in more than 8 months

0
Applications for unemployment benefits fell to their lowest level in eight months last week as businesses continue to retain workers despite elevated interest rates...

EU demands Meta and TikTok detail efforts to curb disinformation from Israel-Hamas war

0
LONDON (AP) — The European Union ratcheted up its scrutiny of Big Tech companies on Thursday with demands for Meta and TikTok to detail...

Bottle of ‘most-sought after Scotch whisky’ to come under hammer at Sotheby’s in London...

0
LONDON (AP) — A bottle of “the most-sought-after Scotch whisky” is set to go up for auction next month, with an estimated price of...

American Airlines posts $545 million loss on higher labor costs in a time of...

0
American Airlines is reporting a $545 million loss for the third quarter in contrast with the huge profits posted by its two closest rivals.American...

Nokia plans to cut up to 14,000 jobs after sales and profits plunge in...

0
HELSINKI (AP) — Telecom gear maker Nokia said Thursday that it is planning to cut up to 14,000 jobs worldwide, or 16% of its...

Stock market today: Wall Street limps as bond yields pressure markets and earnings pour...

0
Wall Street edged lower early Thursday as after big U.S. companies delivered mixedprofit reports and Treasury yields added pressure to stocks.Futures for the S&P...

Thrift store chain case was no bargain for Washington attorney general; legal fees top...

0
SEATTLE (AP) — Washington Attorney General Bob Ferguson's long-running legal case against the thrift store chain Savers Value Village turned out to be no...

Delta Air Lines scales back changes to its loyalty program after a revolt by...

0
Delta Air Lines is backtracking slightly on changes it previously announced in its frequent-flyer program, but it still plans to reshape SkyMiles to favor...

Netflix’s password-sharing crackdown reels in subscribers as it raises prices for its premium plan

0
SAN FRANCISCO (AP) — Netflix on Wednesday disclosed summertime subscriber gains that surpassed industry analysts’ projections, signaling the video streaming service’s crackdown on password...