By MATTHEW CRAFTAP Business Writer
NEW YORK (AP) - Downbeat reports from Alcoa and Chevron at the start of corporate earnings season pulled stock indexes lower for a third straight day Wednesday. The Dow Jones industrial average slumped 128 points, its steepest loss since late June.
By BRUCE SCHREINERAssociated Press
LOUISVILLE, Ky. (AP) - The owner of the Taco Bell, Pizza Hut and KFC chains predicted Wednesday its fast-growing China business will serve up another round of strong profit growth next year despite a slowing economy in its most important overseas market.
By MARTIN CRUTSINGERAP Economics Writer
WASHINGTON (AP) - U.S. wholesalers increased their stockpiles in August and their sales rose for the first time in four months. The gains could provide a boost to the still-weak economy.
The Commerce Department said Wednesday that wholesale stockpiles
WASHINGTON (AP) - US wholesale businesses boosted stockpiles 0.5 percent in August as sales rose 0.9 percent.
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By JONATHAN FAHEYAP Energy Writer
NEW YORK (AP) - Americans will pay more to heat their homes this winter as they feel something they didn't feel much of last year: cold.
Prices for natural gas, heating oil and other fuels will be relatively stable. But customers will have to use more
NEW YORK (AP) - Stocks are opening lower on Wall Street as the season of corporate earnings reports begins.
Just after the Wednesday opening bell, the Dow Jones industrial average is down 20 points at 13,453. The Standard & Poor's 500 index is down a fraction of a point at 1,440. And the
GRAPEVINE, Texas (AP) - Spirit Airlines Inc. on Dec. 1 will open a flight attendant and pilot crew base at Dallas-Fort Worth International Airport as it expands operations in Texas.
Spirit officials announced Tuesday about 170 flight attendants and 80 pilots are expected to use the home base by
By SAMANTHA BOMKAMPAP Business Writer
NEW YORK (AP) - FedEx Corp., the world's second-largest package delivery company, on Wednesday detailed its plan to boost profit by $1.7 billion annually by shedding jobs, aircraft and underused assets.
FedEx aims to reach that goal within three years
PRAGUE (AP) - The Czech government has proposed a constitutional amendment that aims to put a limit to public debt.
Prime Minister Petr Necas says the amendment would cap debt at 60 percent of GDP. It is currently at 41 percent of GDP.
Finance Minister Miroslav Kalousek says that if the debt
NEW YORK (AP) - Stock futures were mixed Wednesday, a day after the U.S. earnings season kicked off.
Dow Jones industrial futures slipped 21 points to 13,391. The broader S&P futures fell 0.30 points to 1,435.70. Nasdaq futures tacked on 2 points to 2,736.
Stocks are under pressure due to a