Ford Motor Co. posted a 44 percent surge in second-quarter profit, exceeding analysts’ estimates, thanks to consumers paying big money for new models including fully loaded versions of the new aluminum-bodied F-150 pickup.
Ford Motor Co.'s net income jumped 44 percent to $1.9 billion in the second quarter as global sales rose and customers paid more for new trucks and SUVs with premium features.
Ford Motor Co. (F) on Tuesday reported second-quarter earnings of $1.89 billion.
U.S. stocks rose, ending their longest losing streak since January, amid better-than-forecast earnings and as Chinese equities pulled back from a selloff.
Roger Titchenell, mayor of Albright, W.V., a coal-plant town that lost its coal plant, isn't angry at the Environmental Protection Agency.
NEW YORK — Motorola is refreshing its Android smartphones with better cameras and other improvements as it seeks to lure customers who want lower-cost alternatives to leading smartphones from Apple and Samsung.
The first wave of long-range commercial drones should be allowed to operate in a narrow, low-altitude band and must agree to be tracked, according to Amazon.com Inc.’s vision of the future.
The Marine Corps’ version of Lockheed Martin Corp.’s F-35 fighter demonstrated poor reliability in a 12-day exercise at sea, according to the U.S. military’s top testing officer.
(Bloomberg) -- Qualcomm Inc., the world’s largest maker of chips for mobile phones, won’t sit on the sidelines as rivals get larger, according to its chief executive officer.
I’m relieved that the nightmare of Jonathan Pollard’s imprisonment is about to be over. Not because I feel any sympathy whatsoever for the convicted spy who will be paroled in November after spending 30 years in prison. No, what relieves me is that, once he’s freed, we’ll be spared the spectacle of respectable American Jewish leaders calling for his early release.
(Bloomberg) -- LexisNexis Legal & Professional agreed to acquire MLex, a media company focusing on the regulatory impacts of court cases.
Bets are building the Reserve Bank of Australia (RBA) will cut interest rates, as lenders play their part in cooling the property market by charging landlords more to borrow.
D.R. Horton Inc., the largest U.S. homebuilder by revenue, reported fiscal third-quarter earnings increased as the company sold more properties at higher values.
JetBlue flew a little higher than many of its competitors during the second quarter, booking solid revenue numbers for each mile flown.
The share of Americans who own their homes fell to the lowest level in almost five decades, extending a multiyear decline as families struggle to regain ground lost during the financial crisis and rentals gain favor.
BP Plc and Chevron Corp. fired the opening salvo for a further round of cost cuts by major oil companies grappling with low energy prices.
Fighting between the Turkish military and Kurdish rebels escalated Tuesday amid signs of unease from NATO allies attending an emergency meeting about Turkey's conflicts with the Islamic State group and the Kurds.
Home prices in 20 U.S. cities rose at a slower pace in the year ended May, keeping more properties within reach for prospective buyers.
Global stock markets steadied and U.S. markets advanced Tuesday, as investors were encouraged by strong results from UPS, Ford and other big companies.
Few institutions understand the time value of money as well as the world's major oil companies.
Small businesses are again able to get loans backed by the federal government.
Louisiana Gov. Bobby Jindal, who presides over a state with a high rate of gun violence and a low quality of gun laws, is shocked.
Lawyers representing immigrant mothers held in a South Texas detention center say the women have been denied counsel and coerced into accepting ankle-monitoring bracelets as a condition of release, even after judges made clear that paying their bonds would suffice.
When you are identified in a picture on Facebook, biometric software remembers your face so it can be “tagged” in other photographs.
Since 1993, most packaged food sold in the United States has been required to include a Nutrition Facts label that lists the amount of fat, cholesterol, sodium, protein, carbohydrates, fiber and sugar in a serving, and includes some information on recommended daily intakes.
Russian prosecutors on Tuesday moved to outlaw a prominent U.S. foundation, for the first time taking advantage of a new law designed to shut foreign groups deemed hostile to national interests amid a showdown with the West over Ukraine.
(Bloomberg) -- Americans are growing concerned that this is about as good as it gets.
(Bloomberg) -- Crude oil rebounded from a fourth-month low as U.S. stocks advanced, ending their longest losing streak since January.
(Bloomberg) -- Oil prices are experiencing a “double dip” and could extend losses as the supply glut persists for another 18 months, according to Bank of America Corp.
(Bloomberg) -- Pfizer Inc. reported second-quarter earnings that beat analysts’ estimates and raised its full-year profit forecast as sales of a new cancer drug climbed.
(Bloomberg) -- United Parcel Service Inc. posted a second- quarter profit that beat analysts’ estimates, buoyed by benefits from a new pricing system for package deliveries and operations outside the U.S.
(Bloomberg) -- Merck & Co. raised its full-year profit guidance and reported second-quarter earnings that beat estimates after sales of the company’s newest cancer drug grew.
(Bloomberg View) -- Everybody who's been paying attention knows that it’s been a tough decade for American newspapers. But every once in a while it’s worth checking in on just how bad it’s been. The release of the American Society of Newspaper Editors’ annual newsroom census this morning provides an opportunity to do just that:
(Bloomberg) -- United Parcel Service Inc. jumped the most in almost four years after posting second-quarter earnings that beat analysts’ estimates, buoyed by a new pricing system and operations outside the U.S.
(Bloomberg) -- Limits on cross-border pollution for 13 states including Texas, Georgia and South Carolina were overturned by a federal appeals court which sent the emission rules back to the Environmental Protection Agency to review.
Apartment rents are up. So are prices for restaurant meals, haircuts, gym memberships and a cup of coffee.
The Obama administration is taking steps to expand the Pell grant program to prisoners.
(Bloomberg) -- Stripe Inc., an online payments processor, said it received an investment from Visa Inc. as part of a $100 million funding round valuing the startup at $5 billion.
(Bloomberg) -- Yelp Inc., the customer-review website, plunged as much as 18 percent when it reduced its revenue forecasts and said it will stop selling brand advertising.
Twitter surprised investors with a strong earnings report Tuesday even as the company searches for a permanent CEO and faces ongoing challenges growing its user base.
A three-month highway spending bill scheduled for a vote Wednesday in the House includes nearly $3.4 billion to fill a budget hole that the Department of Veterans Affairs claims would force it to close hospitals and clinics nationwide. Lawmakers from both parties said the spending was needed even as they complained about the VA's failure to anticipate the problem.
(Bloomberg) -- Supervalu Inc. surged the most in more than a year after saying it’s considering spinning off the Save-A-Lot grocery-store chain to focus more attention on its food- distribution business.
(Bloomberg) -- Procter & Gamble Co. Chief Executive Officer A.G. Lafley may announce his retirement this week after a board meeting Tuesday, a person familiar with the matter said, setting the stage for heir apparent David Taylor to take the reins.
(Bloomberg) -- BlackBerry Ltd. rose as high as 7.4 percent after a Morgan Stanley analyst upgraded his rating on the stock on the strength of the smartphone maker’s cash reserves and ability to further cut costs.
(Bloomberg) -- Express Scripts Holding Co. beat analysts’ second-quarter earnings expectations and raised its full-year profit forecast as the company was able to fill more prescriptions using cheaper generic drugs.
(Bloomberg) -- Quiksilver Inc. hired restructuring adviser Peter J. Solomon Co. to help it find financing as the surf-wear chain struggles to turn itself around in a crowded teen-apparel business, according to a person with knowledge of the matter.
Yelp is getting panned by investors after the online business review service sank to a second-quarter loss and dimmed its outlook amid a slowdown in its digital advertising sales.
(Bloomberg) -- Atlantic City Mayor Don Guardian wants the cash-strapped New Jersey gaming hub to assume control over the independently-run water system to generate more revenue.
(Bloomberg View) -- Hillary Clinton can't keep her story straight. I'm not talking about her e-mail servers. She can't stick to a consistent line on the rather more central issue of the U.S. economy. It is leading to odd tonal shifts in her campaign, and to some foolish policy choices, too.
Greece pushed ahead with talks on a new rescue loan Tuesday, but its government came under increasing pressure over claims it had a top-secret plan to prepare for a euro exit that involved accessing citizens' personal tax data.
(Bloomberg) -- Teva Pharmaceuticals Industries Ltd. just keeps setting new records when it comes to Israel’s corporate history.
U.S. home prices rose at a steady pace in May, pushed higher by a healthy increase in sales this year.
DuPont's second-quarter profit fell 12 percent, and the chemical company lowered its forecast for the year after a stronger dollar and a sales drop in its agriculture segment affected results.
Federal safety investigators say the crash of a Virgin Galactic spaceship last year was caused by a catastrophic structural failure triggered when the co-pilot unlocked the craft's braking system early.
U.S. consumer confidence fell this month to the lowest level since September. Consumers are worried about the job market and rattled by events in Greece and China.
Microsoft's new Windows 10 operating system debuts Wednesday, as the longtime leader in PC software hopes that giving the upgrade away for free will help it carve out a new role in a world where people increasingly rely on smartphones, tablets and information stored online.
namely about air pollution and a lack of snow.
After years of drought, all the recent wet weather in Kansas has been a boon to the state's fish farmers.
Authorities on Mexico's Caribbean coast said Monday they are redoubling efforts to remove tons of sargassum seaweed that has been washing ashore in recent weeks.
(Bloomberg Business) -- Flattery is a tried-and-true negotiating strategy, but homebuyers in hot markets are making a bizarre art form out of kissing up.
(Bloomberg Business) -- If themonthly rent check is already painful to write,braceyourself.
The British judge investigating the radioactive poisoning death of former Russian agent Alexander Litvinenko is accusing Russian authorities or a key suspect of interfering with his inquiry.
The Latest from NATO meeting on Islamic State group and related developments (all times local):
Officials say Iran wants its own officials to take soil samples at a site where it is alleged to have worked on a nuclear weapon, and the U.N. agency probing the suspicions may agree provided it is allowed to monitor the process.
Education Secretary Arne Duncan says the Obama administration wants to expand the Pell grant program to prisoners.
Severe drought is parching large sections of America, but that doesn't mean giving up on gardening. Plants can be coaxed through the hot summer months despite severe water restrictions.
A complaint lodged with the Pentagon has prompted the U.S. Navy to look into the possible presence of something causing cancer at the base at Guantanamo Bay, Cuba.
An Oklahoma city is not releasing a recording of the 911 call made from a Broken Arrow home where a couple and three of their children were stabbed to death.
Sweden says a submarine wreck found last week in its territorial waters was most likely Russian World War I submarine the Som, which sank after colliding with a Swedish ship in 1916.
(Bloomberg) -- Residents in U.S. states that have legalized marijuana should toke up while they still can, New Jersey Governor Chris Christie said.
warned that it may split away to form a global scouting organization of its own.
Mexican officials have filed a criminal complaint after villagers in the central state of Tlaxcala bulldozed a chapel from the 1700s.
Green chiles, the signature crop of New Mexico, are in danger.