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Economy News

Morocco's parliament approves new government after crisis

Morocco's parliament has approved a new coalition government created to end months of political and economic deadlock.

Yale grad students pledge hunger strike to press union bid

As a union push stalls at Yale University, organizers are stepping up pressure to bring the administration to the negotiating ...

Hershey tops 1Q profit forecasts, but revenue falls short

Hershey Co. on Wednesday reported a steep slide in first-quarter profit on a hefty charge, but the results still topped Wall ...

PepsiCo; Pepsi

Higher prices help sales as PepsiCo works to adapt brands

Higher prices helped lift PepsiCo's sales in the first quarter, as the maker of Doritos, Gatorade and Quaker worked on ...

Boeing beats 1Q profit forecasts

Boeing Co. is reporting a first-quarter profit of $1.45 billion. The Chicago-based company said it had net income of $2.

Twitter reports 1Q loss

Twitter Inc. is reporting a loss of $61.6 million in its first quarter. The San Francisco company said it had a loss of 9 ...

US missile system claims another victim: Hyundai Motor

Hyundai Motor Co. reported Wednesday more than a 20 percent drop in its first quarter profit as the anti-Korean sentiment in ...

AT&T sheds more lucrative wireless customers in 1Q

AT&T Inc. on Tuesday said it lost more of its most lucrative wireless customers during the first three months of the year as ...

Chipotle says sales rise, discloses payment system problem

Chipotle saw a key sales figure rise more than expected as it works to regain customers' trust after a series of food scares, ...

Uber takes to the skies with next ride-hailing project

Uber is taking to the skies with its next project — "flying cars" — even as all eyes are on its problems on the ground.

Wells Fargo faces shareholders, protesters at annual meeting

Shareholders irritated by the fallout from Wells Fargo's sales practices scandal sent a warning to the bank's executives and ...

The Latest: All proposed Wells Fargo board members elected

The Latest on Wells Fargo's annual meeting after a scandal over the bank's sales practices (all times local): 12:50 p.m.

Cost cuts at Coca-Cola go deeper, including jobs

Coca-Cola's sales declined in the first quarter as it restructured its business, and the world's biggest beverage maker said ...

McDonald's US sales climb, customer traffic still a focus

McDonald's says new Big Mac sizes helped boost a key sales figure in the U.S., but that it is still working on trying to ...

US consumer confidence dips in April but remains strong

U.S. consumer confidence slipped in April but remains at high levels. The Conference Board, a business research group, said ...

Fewer immigrants without status since 2009-report

The number of immigrants in the U.S. illegally fell to 11 million since 2009, largely because of a drop-off in the number of ...

US new-home sales climb to 8-month high in March

U.S. sales of new homes shot up in March to the fastest pace in 8 months, as more Americans are upgrading their houses in a ...

JetBlue's profit sinks 59 percent as fuel costs rise

JetBlue's first-quarter profit sank 59 percent from a year ago as fuel costs and other expenses rose and the airline made ...

Hasbro heads for the loo and business booms

Business for Hasbro is in the toilet, which turns out to be a pretty good place. The toymaker's revenue surpassed that of its ...

GM appeal of ignition switch ruling rejected by high court

The Supreme Court on Monday turned away an appeal from General Motors Co. seeking to block dozens of lawsuits over faulty ...

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