Tracy Morgan has sued Wal-Mart over last month's highway crash that seriously injured him and killed a fellow comedian.» Read More
Curtis Hays, 36, of Rancho Cucamonga, was taken into custody on a federal indictment filed Wednesday in federal court in Riverside. In 2012, the delivery driver allegedly stole packages containing 72 weapons at the UPS shipping hub in Ontario, east of Los Angeles, according to the indictment.
Brian Zwerner, a former manager of Bank of America's municipal derivatives desk, was sentenced to spend three years on probation and pay a $10,000 fine by U.S. According to court papers he has also agreed to pay Bank of America $890,000 and settle related U.S. Securities and Exchange Commission civil charges.
ATLANTA— This week marks the 150th anniversary of the Battle of Atlanta, one of the key conflicts of the Civil War, and researchers at Emory University's Center for Digital Scholarship have released a mobile app for the tour.
FOX LAKE, Ill., July 25- The news about deadly crashes linked to a faulty ignition switch, followed by wave upon wave of recalls, did not bode well for General Motors dealers earlier this year. It conjured visions of worried, frustrated drivers pouring onto lots like Raymond Chevrolet, outside of Chicago.
United Continental Holdings also said it would repurchase $1 billion in stock. Delta Air Lines resumed a dividend and buyback last year and Southwest Airlines also pays dividends. Among the smaller carriers, Alaska Air Group pays a dividend.
July 24- Delta Air Lines said on Thursday it plans to resume service to Ben Gurion International Airport in Tel Aviv two days after halting flights amid hostilities in the region. United Airlines earlier said that it was resuming flights to and from Tel Aviv.
ATLANTA— Coca-Cola Enterprises Inc. on Thursday reported earnings that rose by 8.8 percent in its second quarter. The Atlanta- based company said profit increased to $198 million, or 78 cents per share, from $182 million, or 66 cents per share, in the same quarter a year ago. Coca-Cola Enterprises' shares added 2 cents to $48.78 in midday trading.
*$1 billion repurchase to be completed within three years. *Adjusted profit of $2.34 a share compares with $2.19 estimate. July 24- United Continental Holdings Inc reported a stronger-than-expected second-quarter profit aided by higher prices and said it plans to buy back $1 billion of stock, sending its shares up nearly 4 percent.
July 24- Southern Co, one of the biggest U.S. power companies, said it hopes to announce plans by the end of the year to build more nuclear reactors, a spokesman said late Wednesday.
July 24- Southwest Airlines Co posted higher-than-expected quarterly profit on Thursday as it boarded more passengers and garnered higher air fares. Net income totaled $465 million, or 67 cents a share, in the second quarter, more than double the year-earlier profit of $224 million or 31 cents a share.
WASHINGTON— Applications for U.S. unemployment benefits plunged last week, a sign that the economy is building strength. The Labor Department said Thursday that applications for jobless aid fell 19,000 to a seasonally adjusted 284,000. The fewest people sought benefits since February 2006, almost two years before the start of the Great Recession.
*Adj Q2 profit of $1.98 a share compares with $1.95 estimate. American, the largest airline by traffic, which was formed from the late 2013 merger of US Airways and AMR Corp, declared a dividend of 10 cents a share for shareholders of record Aug. 4.
July 24- American Airlines Group Inc said on Thursday it will pay its first dividend since 1980 and buy back stock as it reported higher second-quarter earnings. American, the largest airline by traffic, formed from the late-2013 merger of US Airways and AMR Corp, declared a dividend of 10 cents a share for shareholders of record Aug. 4.
*Apple rallies after results, boosting tech names. NEW YORK, July 23- U.S. stocks ended mostly higher on Wednesday, with the S&P 500 closing at a record on Apple's bullish results, though Boeing weighed on the Dow and conflicts in Ukraine and the Gaza Strip kept the broader market's gains in check.
*Apple rallies after results, boosting tech names. NEW YORK, July 23- U.S. stocks were largely higher on Wednesday, with the S&P 500 hitting another record high after bullish results from tech giants Apple and Microsoft, though technical resistance and conflicts in Ukraine and the Gaza Strip kept gains in check.
*Adjusted profit $1.04 a share vs estimate of $1.03. July 23- Delta Air Lines reported a higher-than-expected second-quarter profit as it flew fuller planes and enjoyed higher passenger revenue in the United States, boosting its shares by 3 percent.
*Adjusted profit $1.04 a share vs estimate $1.03. July 23- Delta Air Lines reported a higher second-quarter profit on Wednesday as it flew fuller planes and enjoyed higher passenger revenue in the United States and Europe. Second quarter net income was $801 million, or 94 cents a share, compared with $685 million, or 80 cents a share, a year earlier.
ATLANTA— Delta Air Lines Inc. said Wednesday that second-quarter earnings rose 17 percent, topping analysts' expectations, as passengers flew more miles at higher average fares and fuel spending declined.
July 23- Delta Air Lines on Wednesday posted a higher quarterly profit as it flew fuller planes and had revenue increases in the United States and Europe. Second quarter net income came to $801 million, or 94 cents a share, compared with $685 million, or 80 cents a share, a year earlier. Revenue rose 9 percent to $10.6 billion.
The hearing takes place a week before the EPA holds a series of public meetings on its carbon plan in Denver, Pittsburgh, Washington and Atlanta. The group also telegraphed potential legal action, arguing the EPA had overstepped the bounds of the Clean Air Act to draft its complex rule.