Oct 18- Coca-Cola Co beat Wall Street estimates for quarterly revenue on Friday as customers took to smaller-sized cans of its sodas, including Coca-Cola Zero Sugar, prompting the beverage maker to give an upbeat forecast for 2019.. The beverage maker is launching Coca-Cola Energy, its first Coke-branded energy drink, in the United States, and has expanded its...
NEW YORK, Oct 18- Technology companies, which make up the largest swath of the U.S. stock market, are expected to post a nearly 8% drop in third-quarter profits as reports roll in next week from many of the sector's biggest corporations. The overall sector's earnings performance is being dragged down by semiconductors, which are expected to post a nearly 27% plunge...
*Hurt by botched warehouse revamps in Germany and U.S. LONDON, Oct 16- British online fashion retailer ASOS said problems with warehouses in the United States and Germany, which were behind a 68% slump in annual profit, were largely behind it, sending its shares sharply higher on Wednesday. It cut profit forecasts in July, saying problems ramping-up warehouses in...
*Hurt by botched warehouse revamps in Germany and U.S. LONDON, Oct 16- British online fashion retailer ASOS said problems with warehouses in the United States and Germany, which were behind a 68% slump in annual profit, were largely behind it, sending its shares sharply higher on Wednesday. It cut profit forecasts in July, saying problems ramping-up warehouses in...
Oct 15- Flames engulfed two ethanol holding tanks on Tuesday at a NuStar Energy petrochemical storage facility near San Francisco, prompting health authorities to urge residents of two adjacent towns to remain indoors for much of the day while crews battled to subdue the blaze. No injuries were reported from the fire, which began shortly before 2 p.m. and spread...
NEW YORK, Oct 11- U.S. stocks rose sharply on Friday as hopes grew that the talks between President Donald Trump and Chinese Vice Premier Liu He would culminate in a partial trade deal and delay planned U.S. tariff increases. The Trump-Liu meeting was set for this afternoon in the White House. "There's marginal progress with trade, it looks like," Keith Lerner, chief...
Oct 11- Indiana on Thursday confirmed two more deaths from a mysterious lung illness linked to e-cigarettes, bringing the total number of fatalities to 29 across the country, as U.S. health officials investigate the outbreak that has shown no signs of easing. Latest data from the Centers for Disease Control and Prevention listed 1,299 confirmed and probable...
Last week, the Centers for Disease Control and Prevention reported 1,080 cases and 18 deaths from the illness. As of Oct. 8, confirmed deaths were reported from 21 states, including one each from California, Connecticut, Georgia, Massachusetts, Michigan, New York, Texas and Pennsylvania. As the outbreak picks up pace, some states, including New York, Michigan and Rhode...
CHICAGO, Oct 10- Delta Air Lines hopes to speed up the hiring of pilots, flight attendants, reservation and airport staff after "surprise" demand growth fueled better-than-expected third-quarter profit, Chief Executive Ed Bastian told Reuters. Atlanta- based Delta does not own the 737 MAX, which has been grounded since March after two fatal crashes.
Oct 10- Deaths from a mysterious lung illness linked to e-cigarettes rose to 25 across 21 U.S. states, with Utah on Wednesday confirming the state's first death. Latest data from the Centers for Disease Control and Prevention listed 1,080 confirmed and probable cases of the illness as of Oct. 1. **States that have reported deaths: Alabama, California, Delaware,...
LOS ANGELES, Oct 9- Electricity was shut off to nearly 750,000 California homes and workplaces on Wednesday as Pacific Gas and Electric Co imposed a string of planned power outages of unprecedented scale to reduce wildfire risks posed by extremely windy, dry weather. The power cut knocked out traffic signals, forced school closures and shut businesses and...
LOS ANGELES, Oct 9- Electricity was shut off to more than 500,000 California homes and workplaces on Wednesday as Pacific Gas and Electric Co imposed a planned power outage of unprecedented scale to reduce wildfire risks posed by extremely windy, dry weather. The power cut knocked out traffic signals, forced school closures and shut businesses and government...
*China offering extra U.S. agriculture purchases- FT. Oct 9- Wall Street rose on Wednesday on hopes of progress in U.S.- China trade talks, though stocks pared gains late after Chinese officials said Beijing had lowered expectations for negotiations this week. Investor sentiment got an early boost following a Bloomberg report that China remained open to...
CHICAGO, Oct 9- Delta Air Lines pilots are receiving record overtime, straining the airline's labor costs, partly as it adds more flights to take advantage of a gap in demand left by the grounding of the Boeing 737 MAX at rival carriers, union officials told Reuters. The surge in overtime highlights a split in the fortunes of U.S. airline workers as airlines like...
LOS ANGELES, Oct 9- Starting next year, there will be a lot more "green" in those brown UPS delivery trucks. United Parcel Service Inc on Wednesday announced plans to buy more than 6,000 natural gas-powered trucks over three years and step up purchases of renewable natural gas as part of a new $450 million investment to reduce the environmental impact of its...
Oct 9- Hundreds of thousands of California homes and businesses started to lose electric power early Wednesday as part of an unprecedented effort by Pacific Gas and Electric Co. to prevent wildfires, the utility said. Nearly 800,000 northern and central California homes and businesses can expect to lose electricity for up to several days, starting on...
Oct 8- Massachusetts state health officials on Monday confirmed one death from a mysterious lung illness linked to e-cigarettes, bringing the total number of fatalities to 21 across 18 U.S. states. **States that have reported deaths: Alabama, California, Delaware, Florida, Georgia, Illinois, Indiana, Kansas, Minnesota, Mississippi, Missouri, Nebraska, New Jersey,...
Eight of every 10 passengers in Latin America traveling outside the region are bound for North America, according to industry group ALTA. Following its breakup with Chile- based LATAM last month, American Airlines quickly announced new flights next year from Miami to Chile and Peru destinations where the two had been coordinating their routes with...
WASHINGTON, Oct 6- The U.S. Supreme Court kicks off its new term this week, with a major dispute on tap over whether a landmark decades-old federal anti-discrimination law that bars sex discrimination in the workplace protects gay and transgender employees. President Donald Trump's administration has argued that Title VII does not cover sexual orientation...
WASHINGTON, Oct 4- The U.S. Supreme Court on Friday agreed to hear an appeal by Dominion Energy Inc and President Donald Trump's administration of a lower court ruling that halted construction on a $7.5 billion natural gas pipeline due to run underneath a section of the popular Appalachian Trail in rural Virginia. Environmental groups had sued to stop the...
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