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KDWN

1 day ago

Fed keeps key interest rate unchanged while noting stronger job growth, shrinking risks

WASHINGTON (AP) — Fed keeps key interest rate unchanged while noting stronger job growth, shrinking risks….

KDWN

1 day ago

Eni, former CEO indicted in Algeria bribery case

MILAN (AP) — An Italian judge has indicted the Eni oil company, former CEO Paolo Scaroni and eight others on a charge of bribing an Algerian official to win an 8 billion euro ($8.8 billion) contract….

KDWN

1 day ago

Markets Right Now: US stocks mostly lower at midday

NEW YORK (AP) — The latest on developments in global financial markets (all times local):…

KDWN

1 day ago

Altria 2Q profit

RICHMOND, Va. (AP) — Altria's second-quarter profit beat analysts' estimates, helped by lower costs. The company also boosted its full-year adjusted earnings outlook….

KDWN

1 day ago

Orders for durable goods plunged in June

WASHINGTON (AP) — Orders to U.S. factories for long-lasting manufactured goods fell in June by the largest amount in nearly two years, reflecting a big decline in the volatile category of commercial aircraft. The key category that tracks business investment managed a small gain….

KDWN

1 day ago

Markets Right Now: US stocks open higher

NEW YORK (AP) — The latest on developments in global financial markets (all times local):…

KDWN

1 day ago

Coca-Cola cuts sales outlook amid weak international demand

ATLANTA (AP) — Coca-Cola trimmed its sales outlook for the year Wednesday, citing weakening demand in major international markets including China and part of South America….

KDWN

1 day ago

Pending US home sales improved slightly in June

WASHINGTON (AP) — The number of Americans who signed contracts to buy homes crept up in June, a possible indication that the recent growth in real estate sales is still on track….

KDWN

1 day ago

Spanish court convicts 11 in pyramid-scheme stamp fraud

MADRID (AP) — Spain's National Court has sentenced 11 former company directors to prison terms of between two and 12 years for running a fraudulent multi-billion-euro (-dollar) pyramid scheme that used the savings of hundreds of thousands of small-time investors….

KDWN

1 day ago

Lower oil prices push Norway’s Statoil to Q2 loss

COPENHAGEN, Denmark (AP) — Norwegian oil and gas company Statoil ASA posted a loss in the second quarter, pushing it to rein in investment this year….