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KDWN

1 day ago

UPS 2Q revenue improves on strength in US, abroad

ATLANTA (AP) — UPS's second-quarter revenue improved on solid performances from its domestic and international package divisions….

KDWN

1 day ago

Exxon misses Street 2Q forecasts

IRVING, Texas (AP) — Exxon Mobil Corp. (XOM) on Friday reported second-quarter profit of $1.7 billion….

KDWN

1 day ago

Spain revises economic growth forecast up for 2016

MADRID (AP) — The acting Spanish government has revised upward its forecast for economic growth this year from 2.7 percent to 2.9 percent….

KDWN

1 day ago

US wages, benefits see steady rise in second quarter

WASHINGTON (AP) — The wages and benefits paid to U.S. civilian workers rose at a steady pace in the second quarter compared to the first three months of the year, as income growth showed signs of slight acceleration….

KDWN

1 day ago

Winter took smaller bite from 2015 economy than it appeared

WASHINGTON (AP) — It turns out the U.S. economy can withstand a cold snap after all….

KDWN

1 day ago

Sanofi profits down despite growth at Genzyme unit

PARIS (AP) — Drugmaker Sanofi has reported an 11 percent fall in profit in the second quarter despite double-digit growth of its biotech unit Genzyme….

KDWN

1 day ago

Barclays says core profit before tax rose 19 percent

LONDON (AP) — Barclays plc said Friday second-quarter earnings rose 19 percent as the bank expressed confidence it could weather the uncertainty of Britain's exit from the European Union….

KDWN

1 day ago

US growth is thought to have rebounded in April-June quarter

WASHINGTON (AP) — Fears about China, shrunken oil prices and turbulent markets held the U.S. economy to a sluggish pace at the start of the year. But the gloom seems to have lifted….

KDWN

1 day ago

Eni’s 2Q losses widen in weak market

MILAN (AP) — Italian oil and gas company Eni says second-quarter losses widened to 446 million euros ($494 million) due to a prolonged downturn in low oil prices as well as oversupply and overcapacity in the gas and refining sectors….

KDWN

1 day ago

Japan central bank adds modest stimulus, as economy coasts

TOKYO (AP) — Japan's central bank opted Friday for a modest expansion of its lavish monetary stimulus to help perk up sluggish growth and combat deflation….