Tag: Corporate news
Supreme Court wrestles with New Jersey pipeline case
<p>WASHINGTON — The Supreme Court on Wednesday wrestled with how to resolve a clash between the state of New Jersey and a pipeline company...
Boeing posts $537 million loss in Q1, less than a year ago
Boeing Co. reported a wider than expected first-quarter loss on Wednesday, although revenue met Wall Street forecasts as the company generated cash by delivering...
Pizza Hut, KFC, Taco Bell sales bounce as restrictions ease
LOUISVILLE, Ken. — Profit for the company that runs Pizza Hut, Taco Bell and KFC restaurants more than tripled during the first quarter and...
Norfolk Southern’s Q1 profit improves as economy recovers
OMAHA, Neb. — Norfolk Southern's profit improved in the first quarter as the railroad hauled 3% more freight while the economy continued to recover...
Saudi crown prince defends austerity steps, social loosening
<p>DUBAI, United Arab Emirates — Crown Prince Mohammed bin Salman laid out a vigorous defense of his domestic policies and the thinking behind his...
Toyota to invest $803 million, 1,400 new jobs in Indiana
Toyota says it will invest $803 million and add 1,400 new jobs at its Indiana auto manufacturing plant so it can produce two new...
Restructuring Deutsche Bank shows best quarter in 7 years
<p>FRANKFURT, Germany — Deutsche Bank saw its strongest quarterly profits in seven years as the bank's long-running restructuring showed in lower costs and as...
Facebook reports soaring quarterly ad revenue, stock jumps
Facebook's stock is trading higher after the social media giant reported stronger-than-expected results for the first quarter thanks to soaring ad revenue.
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In Jaffa, gentrification stokes discord as Arabs pushed out
<p>TEL AVIV, Israel — A turreted former Catholic girl's school in Jaffa is being transformed into an exclusive Soho House club. Around the corner,...
Ford posts surprise $3.26B 1Q profit; chip shortage looms
DETROIT — Ford Motor Co. says it made $3.26 billion in the first quarter, helped by rising vehicle prices and in spite of production...