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Top News & Analysis Alaska

  • NEW YORK, Oct 10- Honeywell International Inc said Tuesday it will focus on fewer business lines, including aerospace, and use spin offs of two other businesses to help fund acquisitions. The reorganization will simplify Honeywell's broad portfolio, boost growth and give shareholders a tax-free benefit from the new companies, Honeywell Chief Executive...

  • NEW YORK, Oct 10- Diversified manufacturer Honeywell International Inc unveiled a business makeover on Tuesday that will tie its growth more strongly to aerospace technology and spin off other businesses as two publicly-traded companies by the end of 2018.. The company also raised the low-end of its full-year 2017 earnings guidance by 5 cents to between...

  • NEW YORK— Airline stocks surged Tuesday after American and United slightly sweetened their outlook for third-quarter revenue. Investors have grown concerned about slower growth in revenue from tickets and fees, partly due to a fare war between United and discounters such as Spirit Airlines. American credited stronger than expected pricing, which J.P....

  • The company also raised the low-end of its full-year 2017 earnings guidance by 5 cents to $7.05- $7.10, and said it would spend the proceeds from the spin-offs on share buybacks, acquisitions and paying down debt. Honeywell Chief Executive Officer Darius Adamczyk, like his peers at other industrial conglomerates, has been under pressure to pull apart a...

  • Oct 10- Honeywell International Inc unveiled a corporate makeover on Tuesday that ties its growth more strongly to aerospace technology- the opposite of what activist investor Third Point Capital has urged since April. In the statement it also raised the low-end of its full-year 2017 earnings guidance by 5 cents to $7.05- $7.10, excluding any pension...

  • Oct 10- Honeywell International Inc is expected to unveil a corporate makeover on Tuesday that ties its growth more strongly to aerospace technology- the opposite of what activist investor Third Point Capital has urged since April. Honeywell Chief Executive Officer Darius Adamczyk, like his peers at other industrial conglomerates, is under pressure to pull...

  • LONDON, Oct 2- The U.S. Energy Information Administration is distorting oil prices by being far too optimistic in its forecasts for U.S. production, according to Harold Hamm, the chief executive of Continental Resources. Hamm, who also chairs the Domestic Energy Producers Alliance, a lobbying group, blames EIA for both the outright decline in U.S. oil prices and...

  • CARMAN, Manitoba, Sept 27- On Canada's fertile Prairies, dominated by the yellows and golds of canola and wheat, summers are too short to grow corn on a major scale. But Monsanto Co is working to develop what it hopes will be North America's fastest-maturing corn, allowing farmers to grow more in Western Canada and other inhospitable climates, such as Ukraine.

  • Sen. Lindsey Graham, R-S.C., talks with reporters in the Capitol after the Senate Policy luncheons on September 19, 2017.

    Three GOP senators said they would vote "no" on the Graham-Cassidy bill, dooming it to defeat.

  • Sen. Lindsey Graham (R-SC)

    Three GOP senators have said they will vote "no" on Graham-Cassidy, the last opportunity for Republicans to pass Obamacare repeal this year.

  • Collins, who joined Senators John McCain and Rand Paul in opposing the legislation, told reporters that sweeping cuts in the Medicaid program was the main reason for opposing the bill to end Obamacare, a top priority for President Donald Trump. Collins said the bill would have taken more than a trillion dollars out of Medicaid, a program for low income citizens...

  • *Protests break out at Capitol Hill hearing. WASHINGTON, Sept 25- Republican senators struggled to gather more support for a last-ditch attempt to repeal Obamacare on Monday despite revising funding provisions of their bill to make it more attractive to a handful of undecided lawmakers. In hopes of finding more backing, Republican senators leading the effort...

  • *Protests break out at Capitol Hill hearing. A Senate Finance Committee hearing on the healthcare legislation on Monday was disrupted by protesters chanting "No cuts for Medicaid, save our liberty." Capitol Hill police removed the protesters, many in wheelchairs, from the hearing room.

  • *Protests break out at Capitol Hill hearing. A Senate Finance Committee hearing on the healthcare legislation on Monday was disrupted by protesters chanting "No cuts for Medicaid, save our liberty." Capitol Hill police removed the protesters, many in wheelchairs, from the hearing room.

  • Senate Majority Leader Mitch McConnell, a Republican from Kentucky, center, speaks as Senator Lindsey Graham, a Republican from South Carolina, center left, and Senator Bill Cassidy, a Republican from Louisiana, right, listen during a news conference after a Republican policy meeting luncheon at the U.S. Capitol in Washington, D.C., U.S., on Tuesday, Sept. 19, 2017.

    The hearing comes five days before the deadline for passing an Obamacare replacement bill under special rules the GOP is using.

  • *Protests break out at Capitol Hill hearing. In hopes of finding more backing, Republican senators leading the effort released a changed version of their bill that included a table showing some states where senators have been undecided, such as Alaska and Maine, would get more money. A Senate Finance Committee hearing on the healthcare legislation on Monday was...

  • *Republican moderate worries about impact on Medicaid. The Senate is up against a Saturday deadline for deciding the fate of the 2010 Affordable Care Act, as it is known formally. Republicans, who control the Senate 52-48, were finding it difficult even to clear that lower hurdle.

  • Donald Trump

    President Donald Trump reiterated comments he made on Twitter, blaming Senator John McCain for the failure to pass Obamacare repeal.

  • *Senate Finance Committee to hold hearing Monday. *Republican moderate worries about impact on Medicaid. The Senate is up against a Saturday deadline for deciding the fate of the 2010 Affordable Care Act, popularly known as Obamacare, because of an expiring rule that lets the Republican healthcare legislation pass with just a simple 51- vote majority, instead...

  • A trader, center, wears a Citigroup jacket while working on the floor of the New York Stock Exchange.

    U.S. stock index futures pointed to a lower open on Monday as investors digested elections in Germany and eyed new regulations on health care in the U.S.