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  • May 28- GameStop Corp reported better-than-expected quarterly profit and revenue, helped by strong sales of new releases such as "Evolve" and "Mortal Kombat X" as well as an increase in mobile game downloads. GameStop's shares rose 5.3 percent in extended trading after the company also forecast a second-quarter profit largely above analysts' average estimate.

  • *Number of rigs in Marcellus has dropped- Baker Hughes. The U.S. Energy Information Administration says production in the fast-growing field in Pennsylvania and West Virginia is set to remain flat for the next few years before beginning a very slow decline primarily because of depressed gas prices. The number of rigs in the area has dwindled in recent months to...

  • GameStop beats Street 1Q forecasts Thursday, 28 May 2015 | 4:15 PM ET

    GRAPEVINE, Texas _ GameStop Corp. on Thursday reported fiscal first-quarter net income of $73.8 million. GameStop expects full-year earnings to be $3.63 to $3.83 per share. GameStop shares have risen 21 percent since the beginning of the year, while the Standard& Poor's 500 index has climbed 3 percent.

  • May 28- A Delaware jury on Thursday ordered Boston Scientific to pay $100 million to a woman who said she was injured by transvaginal mesh, a device that is the subject of more than 25,000 lawsuits against the company. The 51- year old Newark, Delaware- resident was implanted with Boston Scientific's Pinnacle and Advantage Fit mesh products in 2009, to treat...

  • Etihad Airways profit jumps by over half to $73 million Thursday, 28 May 2015 | 4:53 AM ET

    DUBAI, United Arab Emirates— Etihad Airways, the United Arab Emirates' fast-growing national carrier, said Thursday its profit rose by more than half to $73 million last year but warned that "aggressive protectionist sentiment" in the West threatens its future prospects. The government-backed airline, which has bought up stakes in several foreign carriers...

  • Jeb Bush and corporate boardrooms: 15 cases Thursday, 28 May 2015 | 3:30 AM ET

    WASHINGTON— Jeb Bush served on the board of directors or as an adviser to at least 15 companies and nonprofits since leaving office as Florida governor in early 2007. Here are the 15, his role for each, the years he served and his pay in the cases it is known:. Tenet Healthcare Corp., publicly traded hospital operator in Dallas. Rayonier Inc., publicly traded timber...

  • *SK Innovation already runs assets in Oklahoma, Texas. SEOUL, May 28- South Korea's SK Innovation Co Ltd, which owns the country's biggest refiner SK Energy Co Ltd, said it aims to raise investment in U.S. shale fields and increase partnerships with major crude producers to stabilize energy supplies. SK Innovation via its U.S.-based unit SK E&P America in April of...

  • MANDAN, N.D.— A Texas company that already has obtained shipping commitments from oil companies to build a 1,100- mile pipeline from western North Dakota to Illinois is having a tougher time getting permission from North Dakota landowners. Chuck Frey, vice president of engineering for Energy Transfer Partners LP, told the state's Public Service Commission on...

  • From Boston to Miami, New York to Los Angeles, more than half of tenants are paying what experts consider unaffordable rents, says a report by New York University's Furman Center, which studies real estate and urban policy, and bank Capital One, which is a leading affordable-housing lender and financed the research. The study analyzed U.S. Census Bureau data from...

  • Copart misses Street 3Q forecasts Wednesday, 27 May 2015 | 6:37 PM ET

    DALLAS _ Copart Inc. on Wednesday reported fiscal third-quarter earnings of $57.6 million. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 50 cents per share. Copart shares have decreased 2.5 percent since the beginning of the year.

  • Ocwen to cut 140 jobs at Houston Wednesday, 27 May 2015 | 4:59 PM ET

    May 27- Private mortgage servicer Ocwen Financial Corp said it will cut 140 jobs as part of its move to stop residential servicing operations in Houston. Ocwen has sold more than $90 billion of servicing rights since February, which includes $45 billion of mortgage servicing rights to JPMorgan Chase& Co's consumer and commercial banking unit.

  • BNSF plans temporary layoffs with slipping freight demand Wednesday, 27 May 2015 | 4:19 PM ET

    BISMARCK, N.D.— BNSF Railway Co. says it's planning employee furloughs due to slipping freight shipping demand across its rail network. BNSF is based in Fort Worth, Texas, but is part of Warren Buffett's Berkshire Hathaway Inc., based in Omaha, Nebraska. The railroad is the biggest player in North Dakota's oil patch, hauling most of the the more than 1.1 million...

  • Stocks of major US airlines end 6-session losing streak Wednesday, 27 May 2015 | 3:43 PM ET

    Airline stocks rose Wednesday to break a losing streak caused by investors' concern that cheaper oil has tricked the carriers into growing too quickly. Airline stocks started sliding last week after Southwest announced another increase in its planned expansion for 2015, and after Parker said that American would cut prices to match moves by discount...

  • U.S. state April income tax revenue returns to growth Wednesday, 27 May 2015 | 3:35 PM ET

    May 27- U.S. state personal income taxes rebounded in the key revenue month of April, partly due to 2014' s strong stock market, after dropping a year ago, but collections have not fully stabilized since big increases in 2013.. Brian Sigritz, director of state fiscal studies at the National Association of State Budget Officers, said income tax revenue, boosted in part...

  • Health law court case winner could be political loser Wednesday, 27 May 2015 | 1:13 PM ET

    WASHINGTON— The party that wins the impending Supreme Court decision on President Barack Obama's health care law could be the political loser. If the Republican-backed challenge to the law's subsidies for lower-earning Americans prevails, the GOP would have achieved a paramount goal of severely damaging "Obamacare." Tom Davis, R- Va., who once led the House GOP...

  • Exxon shareholders to vote on climate change, fracking Wednesday, 27 May 2015 | 11:07 AM ET

    The votes at meetings of Exxon Mobil Corp. and Chevron Corp. shareholders on Wednesday were expected. At the Exxon Mobil meeting in Dallas, CEO Rex Tillerson said the company is positioned to withstand ups and down in oil prices and give shareholders a good return on their money. Exxon has completed more than a dozen major projects in the past three years and...

  • Drilling cutbacks drag down job growth in oil patch Wednesday, 27 May 2015 | 10:27 AM ET

    WASHINGTON— Hammered by cheaper oil, drilling firms have laid off workers and dragged job growth lower in states from Texas to North Dakota. Texas lost 8,300 jobs in the sector, the most in six years, while Wyoming lost jobs in the industry for the fifth straight month. Overall, Texas gained 1,200 jobs in April, a small expansion compared to its average monthly...

  • Thermon Group misses 4Q profit forecasts Wednesday, 27 May 2015 | 8:18 AM ET

    SAN MARCOS, Texas _ Thermon Group Holdings Inc. on Wednesday reported fiscal fourth-quarter net income of $10.5 million. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 30 cents per share. Thermon Group shares have decreased 5.5 percent since the beginning of the year.

  • HOUSTON, May 27- Progressive shareholders are pushing to add directors with climate change expertise to the boards of Exxon Mobil Corp and Chevron Corp, arguing the largest U.S. oil companies need more depth of knowledge to navigate environmental issues. In January, Europe's Royal Dutch Shell Plc backed a measure from activist investors asking it to be more...

  • NEW YORK— Amazon is hiring 6,000 full-time workers to staff up across its more than 50 distribution centers in the U.S. Its $99 annual Prime membership service comes with free two-day delivery on many items. The Seattle- based company employed about 154,100 full-time and part-time workers in total at the end of 2014..