Latest News

Business News

  • New CEO takes over evolving drugmaker Bristol-Myers Squibb

    Drugmaker Bristol-Myers Squibb Co. has a new leader, Dr. Giovanni Caforio, who became CEO as the company's annual meeting in Plainsboro, New Jersey, ended Tuesday.
  • AP Interview: Emirates airline boss sees more US growth

    The man in charge of the Middle East's biggest airline, Emirates, said Tuesday he is pressing ahead with a global expansion that could include more U.S. routes despite opposition from American carriers who accuse the airline of having an unfair advantage.
  • US reopens investigation into Jeep, Dodge sun visors

    The U.S. government is reopening an investigation into Jeep and Dodge sun visors after reports that some caught fire even after a recall repair.
  • Aetna curtails coverage of surgical tool tied to cancer risk

    The health insurer Aetna is ending most coverage of hysterectomies performed with a once-popular device that has drawn warnings from federal regulators over a risk for spreading cancer.
  • A quick look at upcoming blockbusters from Disney

    The Mouse House is undergoing a revival thanks to its purchase in recent years of major movie brands Pixar, Marvel and Lucasfilm and the resurrection of its in-house animation studio. Here’s a quick glance at the major upcoming movies from The Walt Disney Co. this year and going forward. April-May 2015 – “Avengers: Age of […]
  • Comcast launches voice-controlled remote for some customers

    Fights over the remote are about to get a lot louder.
  • Panera CEO on push to banish artificial ingredients

    Panera Bread is the latest company to tout the removal of artificial ingredients, adding fuel to the debate over whether that improves food quality or is just a marketing tool.
  • HSBC first quarter pretax profits up 4 percent

    HSBC, Europe's biggest bank, said Tuesday that pretax profits were up 4 percent to $7.1 billion in the first quarter from a year earlier, even as it beat back increasing regulatory costs.
  • Amazon Prime members will be able to stream free on JetBlue

    Amazon wants to give JetBlue passengers a new option for tuning out that crying baby or talkative seat neighbor.
  • Stocks are little changed in early trading; oil price jumps

    Stocks are little changed in early trading following two days of gains that brought the market close to a record high.
  • Swiss bank UBS sees profit jump as rich park their cash

    Swiss bank UBS Group AG says net profit almost doubled in the first quarter as money from rich clients flowed into its wealth management businesses.
  • Freddie Mac posts $524M profit in 1Q; paying $746M dividend

    Mortgage giant Freddie Mac reported net income of $524 million for the first quarter, down sharply from the same period of 2014, as it sustained losses on the investments it uses to hedge against swings in interest rates.
  • Lufthansa’s operating loss narrows on lower fuel costs

    German airline Lufthansa, still coping with the aftermath of the crash of Germanwings Flight 9525, saw its operating losses narrow in the first quarter as fuel costs fell in the wake of lower oil prices.
  • Barclays bank to cut 1,700 jobs in Britain

    LONDON (AP) – Barclays bank plans to cut 1,700 jobs from its network of British branches, about 5 percent of the total workforce. Britain’s second-largest bank says it is seeking to make the cuts through voluntary buy-outs. It currently employs 33,600 people at 1,577 branches in Britain. Barclays said “the way in which our customers […]
  • Group encourages Arizonans to support local businesses

    Arizona's economy has the potential to flourish if consumers decide to spend more of their money in locally owned businesses, according to Erica Pederson, communications coordinator for Local First Arizona.