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8:40 am, April 24, 2014

Business News

Zimmer buying Biomet in deal valued at $13.35B

Orthopedic device maker Zimmer buying Biomet in cash-and-stock deal valued at about $13.35B

Updated 36 minutes, 28 seconds ago

FCC to propose pay-for-priority Internet standards

FCC to propose pay-for-priority Internet access rules that protect competition, free speech

Updated 36 minutes, 34 seconds ago

1 year after factory collapse, Bangladeshis suffer

1 year after horrific garment factory collapse, Bangladeshi workers skeptical of promises

Updated 36 minutes, 37 seconds ago

Tokyo court starts Mt. Gox bankruptcy proceedings

Tokyo court starts bankruptcy proceedings for Mt. Gox bitcoin exchange, uncertainties remain

Updated 36 minutes, 43 seconds ago

Applications for US unemployment aid jump to 329K

Applications for US unemployment aid jumped last week to 329K, likely due to Easter layoffs

Updated 39 minutes, 42 seconds ago

3M 1Q results improve, but miss Street's view

3M 1Q profit, revenue rise but miss analysts' estimate; Earnings outlook for year unchanged

Updated 39 minutes, 50 seconds ago

Verizon 1Q profit surges on Vodafone-related gains

Verizon 1st-qtr profit jumps, helped by acquisition of Vodafone's stake in Verizon Wireless

Updated 39 minutes, 56 seconds ago

UPS blames winter weather for drop in 1Q profit

UPS 1Q profit falls 12 percent as winter storms raise costs, cut into revenue

Updated 42 minutes, 31 seconds ago

GM 1Q profit dragged down by recalls

General Motors 1Q results worst since 2009 as recall costs weigh on net income

Updated 42 minutes, 31 seconds ago

US durable goods orders up 2.6 percent in March

Orders for US durable goods up solid 2.6 percent in March with strength in business investment

Updated 42 minutes, 32 seconds ago

Southwest Airlines posts a record 1Q profit

During traditionally slow winter months, Southwest posts a record $152 million 1Q profit

Updated 42 minutes, 35 seconds ago

Marlboro maker Altria 1Q profit falls

Marlboro maker Altria's 1Q profit falls on lower cigarette sales, year-ago comparison

Updated 42 minutes, 40 seconds ago

American Airlines swings to $480M 1Q profit

After merger, American Airlines and US Airways post first-quarter profit of $480 million

Updated 43 minutes, 53 seconds ago

Caterpillar 1Q profit climbs 5 pct, forecast rises

Caterpillar's 1st quarter profit climbs 5 percent, 2014 forecast also rises

Updated 44 minutes, 12 seconds ago

United loses $609M in 1Q; fares don't cover costs

United Airlines can't bring in enough revenue to cover its costs; still struggling with merger

Updated 44 minutes, 13 seconds ago

Oil near $102 on Ukraine crisis, Libya export woes

Crude oil rebounds to near $102 a barrel on Ukraine uncertainty, export woes in Libya, Nigeria

Updated 50 minutes, 24 seconds ago

Alstom shares jump amid talk of GE buyout

Shares in French trainmaker Alstom jump amid talk of GE buyout

Updated 50 minutes, 33 seconds ago

In Disney's shadow, homeless families struggle

In the shadow of Disney, homeless families struggle, turn to mom-and-pop hotels as shelter

Updated 50 minutes, 33 seconds ago

Apple increases stock buyback, will split stock

Apple to split stock, boost share buyback program, raise dividend in bid to win back investors

Updated 54 minutes, 40 seconds ago

Facebook 1Q results soar; CFO to step down

Facebook's 1st-quarter soar to surpass expectations, CFO to step down

Updated 54 minutes, 42 seconds ago
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