Farm-to-table meals have become so popular that hotels are now getting in the game by offering prepared meals using food hooked or shot by guests.» Read More
NEW YORK, July 24- Major global stock markets edged higher while the euro rose from an eight-month low against the U.S. dollar on Thursday following upbeat euro zone data and stronger-than-expected U.S. earnings.
NEW YORK, July 24- Barclays Plc called for the dismissal on Thursday of a lawsuit from the New York attorney general alleging the bank lied to clients about its high-speed trading venue, calling it unjustified because Barclays' customers were never misled.
July 24- A Burlington Northern Santa Fe train carrying crude oil derailed as it departed a railyard in north Seattle on Thursday but there were no immediate reports of a spill or injury, BNSF said in a statement.
WASHINGTON, July 24- Bank of America Corp's banking unit agreed to pay $16.6 million to resolve allegations that it processed several hundred transactions for drug traffickers who are subject to U.S. sanctions, the U.S. Treasury Department said on Thursday.
NEW YORK, July 24- The S&P 500 hit a record high for a third straight session on Thursday, lifted by jobs data and earnings, but a weak reading in new home sales kept other key stock indexes little changed.
*Weekly jobless claims fall 19,000. WASHINGTON, July 24- The number of Americans filing new claims for unemployment benefits fell to the lowest level in nearly 8-1/ 2 years last week, suggesting the labor market recovery was gaining traction.
NEW YORK— JetBlue Airways Corp. on Thursday reported earnings that climbed sixfold in its second quarter. The company said profit increased to $230 million, or 68 cents per share, from $36 million, or 11 cents per share, in the same quarter a year ago. JetBlue Airways shares have climbed $2.74, or 32 percent, to $11.28 since the beginning of the year.
NEW YORK, July 24- The euro rose on Thursday from an eight-month low versus the U.S. dollar on better-than-expected German and French business data, while the New Zealand dollar sank after that nation's central bank hinted it may pause in raising rates further.
July 24- A Burlington Northern Santa Fe train carrying crude oil derailed in Seattle on Thursday, but there were no immediate reports of a spill or injury, according to local television stations.
NEW YORK, July 24- Argentine debt holdout investor Mark Brodsky refuted a story in Argentina's La Nacion newspaper suggesting his group, which is negotiating a settlement with the government, will ask a U.S. judge to suspend his payment order ahead of a July 30 deadline.
NEW YORK— The U.S. stock market is opening slightly higher as several big companies across industries report second-quarter earnings. It reported second-quarter earnings early Thursday that climbed 6 percent on gains in Europe.
NEW YORK— U.S. stocks were barely higher in morning trading Thursday as investors digested second-quarter results from big companies across several industries, including Facebook, Ford and Caterpillar. THE AUTOMAKERS: General Motors fell $1.43, or nearly 4 percent, to $36.01 after it reported an 85 percent drop in quarterly earnings.
NEW YORK— United Airlines will be the first U.S. carrier to resume flights to Israel after a two-day hiatus caused by combat in the Gaza Strip. The Chicago- based airline says it will resume service to Ben Gurion Airport in Tel Aviv with a 4:45 p.m. eastern flight from Newark Liberty International Airport in New Jersey.
*Facebook rallies on results; market value near IBM's. *U.S. manufacturing data due; Europe, China upbeat. NEW YORK, July 24- U.S. stock index futures rose on Thursday, following a record close on the S&P 500 index, lifted by strong job market data in the United States and overseas factory readings, while better than forecast results sent Facebook shares rallying.
WASHINGTON, July 24- The number of Americans filing new claims for unemployment benefits fell to the lowest level in nearly 8-1/ 2 years last week, suggesting the labor market recovery was gaining traction.
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.
Wal-Mart Stores Inc. said Simon will be available on a consulting basis for the next six months to ensure a seamless transition. Wal-Mart stores have suffered five straight quarters of sales declines at stores open at least a year, hurting from a tough economy and fierce competition from dollar stores and Amazon.com.
NEW YORK— It's a rite nearly as old as television: the morning after a new show premieres, network executives wait impatiently for the Nielsen company's estimate of how many people watched, and rush to report the first sign of a hit.
LONDON, July 24- When Sam Molinaro took on the job of shifting unwanted assets for UBS- all 430 billion Swiss francs worth of them- his phone began to ring ceaselessly and his meetings diary filled up fast with potential buyers. "They thought,' you're going to be getting rid of these assets, this is great'," recalled Molinaro, former finance chief at U.S. bank Bear Sterns.
*Post-tax Q2 ENI per unit of 62 cents vs Street view of 50 cents. KKR said post-tax economic net income per adjusted unit was 62 cents in the second quarter, up from 18 cents a year ago and higher than the 50 cents average forecast by analysts in a Thomson Reuters poll.