Industries

Industries

• Starwood 1Q results top Wall Street's expectations

  Lodging operator Starwood Hotels & Resorts Worldwide Inc. said Tuesday that its first-quarter net income surged 66 percent, bolstered by a large tax ... 

• Digital fees pay off for 2 top-selling newspapers

  The Wall Street Journal remains the top-selling U.S. daily newspaper, but The New York Times has surpassed USA Today for second, thanks to an ... 

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  IBM pulls the stock market out of a morning slump

  News that IBM will buy back more stock and raise its dividend helped pull major stock indexes out of a morning slump Tuesday. IBM and other technology ... 

• USGS: 7.4B barrels of oil possible in ND, Mont.

  Government data released Tuesday show that 7.4 billion barrels of oil could be recovered from two massive shale formations spanning parts of the ... 

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  Pfizer 1Q profit up, but drugmaker cuts outlook

  Pfizer Inc.'s first-quarter net income rose 53 percent despite falling sales, mainly because the world's second-largest drugmaker took big charges a ... 

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  Russia charging NASA $70 million per rocket seat

  NASA is paying $424 million more to Russia to get U.S. astronauts into space, and the agency's leader is blaming Congress for the extra expense. 

• 'American Idol' is now 3rd-rated competition show

  Television's champion for nearly a decade, Fox's "American Idol," now isn't even the most popular competition show on the air. Both editions of "The ... 

• Oil price falls, ends April down 4 percent

  The price of oil fell about 1 percent Tuesday on anticipation of another increase in U.S. crude supplies. Benchmark oil for June delivery fell $1. 

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  APNewsBreak: NM horse slaughter plant to open soon

  The southern New Mexico plant that has been fighting for more than a year for permission to slaughter horses will open soon, unless Congress ... 

• Artist hurls paint into Learjet engine

  Princess Tarinan von Anhalt's creative process may be a bit more powerful than the average artist these days. She hurled paint into a Learjet engine ... 

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  'Clumsy' Sepp Blatter cleared of any wrongdoing

  Labeled "clumsy" for his part in one of soccer's biggest corruption scandals, FIFA President Sepp Blatter was cleared of any criminal or ethical ... 

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  FDA will investigate added caffeine in foods

  For people seeking an energy boost, companies are increasing their offerings of foods with added caffeine. A new caffeinated gum may have gone too far 

• Logging permits are being abused in Africa

  Logging permits designed to promote small businesses are being allocated by the hundreds to industrial logging companies in West and Central Africa ... 

• Softbank says Dish offer for Sprint 'illusory'

  The CEO of Softbank, the Japanese cellphone carrier trying to buy a majority ownership in Sprint, said Tuesday that a competing bid from Dish is based ... 

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  UBS posts $1 billion net profit in first quarter

  A first-quarter net profit of $1 billion thanks to strong investment banking and wealth management sent shares in Swiss bank UBS AG surging up well ... 

• CNN starting morning show 'New Day' on June 10

  CNN's new morning show will be called "New Day" and it will start on June 10. The network had previously announced that Chris Cuomo and Kate Balduan ... 

• Safety agency probes Porsche 911 for coolant leaks

  U.S. safety regulators are investigating coolant leaks in Porsche 911 sports cars that could cause roadway spills and send vehicles careening out of ... 

• Aetna 1Q profit slips 4 pct, boosts 2013 forecast

  Aetna's first-quarter net income fell 4 percent as acquisition-related costs and rising health care expenses more than offset government business ... 

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  Israeli airstrike in Gaza kills 1 Palestinian

  An Israeli aircraft attacked a motorcycle in Gaza on Tuesday, killing a top militant in a shadowy al-Qaida-influenced group who had been involved in ... 

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  Virgin Galactic spaceship makes 1st powered flight

  Virgin Galactic's SpaceShipTwo has made its first powered flight, breaking the sound barrier in a test over the Mojave Desert that moves the company ... 

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  Ford to enter Myanmar with showroom by August

  Ford Motor Co. announced its entry into Myanmar on Tuesday, saying it plans to open the nation's first sales and service showroom for new vehicles by ... 

• Prison terms issued over fatal Russian club fire

  A court in the Siberian city of Perm has convicted seven people in connection with a nightclub fire that killed 156, sentencing them to prison terms ... 

• Feds probe Dodge Viper for suspension problem

  U.S. auto safety regulators are investigating complaints that a rear suspension part can fail on the iconic Dodge Viper muscle car. The investigation ... 

• Stocks edge lower; Pfizer weighs down the Dow

  Weak earnings from Pfizer and other companies dragged down major market indexes Monday, pulling the Standard & Poor's 500 back from a record high. 

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  US home prices up 9.3 pct., most in nearly 7 years

  U.S. home prices rose 9.3 percent in February compared with a year ago, the most in nearly seven years. The gains were driven by a growing number of ...