Union Pacific profit misses estimates as energy shipments fall
U.S. railroad operator Union Pacific Corp reported a lower-than-expected quarterly profit, as freight volumes of agricultural products and energy shipments fell....
American Airlines beats quarterly profit estimates on strong travel demand
American Airlines Group Inc edged past Wall Street estimates for quarterly profit on Thursday, as strong travel demand and lower fuel costs cushioned the U.S....
JetBlue resets cost structure to enable low airfares for next decade
JetBlue Airways Corp said on Thursday it had shaved $314 million off its cost base over the past three years, delivering on a cost-cutting drive...
Futures inch lower on worsening China virus concerns, mixed earnings
U.S. stock index futures edged lower on Thursday on rising worries over the coronavirus outbreak in China that prompted a lockdown of two cities in...
Lebanon’s new government may have little reserves left to stabilize economy
Lebanon’s new government faces huge upcoming debt repayments and a currency peg at breaking point, but it may already have run out of the hard...
P&G posts first quarterly sales miss in over a year
Procter & Gamble Co on Thursday reported its first quarterly sales miss in over a year, hurt by weakness in its baby and feminine care...
American Airlines profit rises 27% as travel demand offsets MAX impact
American Airlines Group Inc reported a 27% rise in fourth-quarter profit on Thursday, as strong travel demand helped the U.S. airline counter the impact of...
Virus fears sap stocks; ECB gets ready for rethink
World shares fell on Thursday, led by the biggest tumble in Chinese stocks in more than eight months, as concern mounted about a new coronavirus...
Insys founder faces stiff prison sentence, $100 million-plus in forfeiture
John Kapoor, the founder of Insys Therapeutics Inc, on Thursday could be sentenced to several years in prison and ordered to forfeit up to $113...
Comcast’s growth in broadband customers offsets fourth-quarter cord-cutting
Comcast Corp’s bid to counter cord-cutting with profitable broadband customers continued to pay off in the fourth quarter, as the company on Thursday beat Wall...