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Updated: 29 min 5 sec ago

Ford says commodities hurt results, more pain ahead in 2018

Wed, 01/24/2018 - 5:43pm
DETROIT, Jan 24 (Reuters) - Ford Motor Co on Wednesday posted a lower-than-expected quarterly net profit, hurt by rising commodity costs and unfavorable currency exchange rates, and said it expects more pain to come from higher raw material prices in 2018.
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4 Things You Should Know About Filing for Social Security at 70

Wed, 01/24/2018 - 5:37pm
Thinking of claiming benefits at age 70? Consider these advantages and drawbacks before you do.
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Wynn Resorts Q4: Ending 2017 With a Win

Wed, 01/24/2018 - 5:36pm
Thanks largely to a revitalized Macau, the company posted some impressive growth figures.
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Business Highlights

Wed, 01/24/2018 - 5:32pm
___ Dollar tumbles after US treasury chief welcomes weaker value DAVOS, Switzerland (AP) — The U.S. treasury chief has welcomed a weaker value in the dollar, breaking with a past commitment by the U.S. government to back a strong dollar.
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How major US stock indexes fared on Wednesday

Wed, 01/24/2018 - 5:21pm
U.S. stocks wobbled and finished mostly lower on Wall Street as technology companies including chipmakers dropped.
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S&P 500 dips after choppy session, chipmakers drag Nasdaq

Wed, 01/24/2018 - 5:07pm
The Dow hit a fresh all-time high Wednesday, while chipmakers weighed on the Nasdaq.
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Meg Whitman to lead Katzenberg's mobile media startup NewTV

Wed, 01/24/2018 - 5:05pm
Departing Hewlett Packard Enterprise CEO Meg Whitman will become chief executive of DreamWorks co-founder Jeffrey Katzenberg’s mobile media firm NewTV, a move that places her back into unchartered territory.
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Ford earnings jump in 2017, but pain ahead this year

Wed, 01/24/2018 - 4:54pm
Ford Motor Co. said its full-year earnings jumped 65 percent to $7.6 billion in 2017 due to tax and pension changes, but it's already warning that this year will be tougher.
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Whirlpool posts quarterly loss due to tax reform charge

Wed, 01/24/2018 - 4:47pm
Home appliances maker Whirlpool on Wednesday posted a quarterly loss, compared with a year-ago profit, hit by a charge of about $420 million related to the U.S. tax reforms.
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American, Delta revive deal to handle stranded passengers

Wed, 01/24/2018 - 3:55pm
American Airlines and Delta are reviving a deal that lets them put passengers on each other's planes when travelers are stranded by disruptions like winter storms and computer outages.
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Trump heads to Swiss forum to push economic policies

Wed, 01/24/2018 - 3:50pm
President Donald Trump is in salesman mode as he heads to a global summit in the Swiss Alps.
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SEC investigating GE charge, company posts $10 billion loss

Wed, 01/24/2018 - 3:23pm
General Electric disclosed on Wednesday the U.S.Securities and Exchange Commission is investigating a recent insurance charge made by the company.
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Why Ford Is Changing the Way It Reports Earnings

Wed, 01/24/2018 - 3:08pm
The changes are about Ford's present -- and its future.
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Patrón co-founder: Great time to sell to Bacardi for $5.1B

Wed, 01/24/2018 - 3:05pm
Patrón co-founder John Paul DeJoria on Wednesday told FOX Business that the time was right to sell the popular tequila brand.
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City of Chicago sues US Steel over Indiana plant's spills

Wed, 01/24/2018 - 3:03pm
The city of Chicago is suing U.S. Steel, alleging that it violated federal law with discharges of a potentially carcinogenic chemical from a northwest Indiana plant.
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Tax reform windfall: These companies are hiking pay, delivering bonuses

Wed, 01/24/2018 - 2:15pm
Starbucks, JPMorgan, Verizon and Disney became the latest companies to reward employees thanks to tax reform.
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Canadian National Railway Gathers Steam for 2018

Wed, 01/24/2018 - 1:41pm
Canadian National Railway's fourth-quarter numbers may appear muted, but none of it can derail the company from its growth track.
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Why AU Optronics Stock Popped 14% This Morning

Wed, 01/24/2018 - 1:41pm
A big vote of confidence from Morgan Stanley highlights value in the shares.
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Dollar tumbles after US treasury chief welcomes weaker value

Wed, 01/24/2018 - 1:32pm
The U.S. treasury chief has welcomed a weaker dollar, breaking with a past commitment by the U.S. government to back a strong dollar.
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Integration Expenses Continue to Eat Away at Baker Hughes, a GE Company's Earnings

Wed, 01/24/2018 - 1:18pm
It's hard to turn a profit when you have to take almost $500 million in one-time charges.
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