Financial Performance

Stocks rise after Coke, Hasbro others report solid earnings

Jul 23, 2019

U.S. stocks moved higher in morning trading as investors rewarded several major companies for their solid earnings results

Boeing to take a $4.9 billion charge over grounded jet

Jul 18, 2019

The grounding of its 737 Max plane will cause Boeing to take a $4.9 billion charge and will cut $5.6 billion from the company's pre-tax income

JPMorgan Chase posts $9.7 billion profit, beating estimates

Jul 16, 2019

JPMorgan Chase profits grow by 16%, helped by a lower tax rate and the ability to charge businesses and consumers more to borrow money

Priest donates to miners affected by Blackjewel bankruptcy

Jul 15, 2019

A priest in Kentucky has given more than $20,000 to miners who are struggling to pay bills after the coal company they work for filed for bankruptcy protection

S&P 500 notches another record after a muted, mixed day

Jul 15, 2019

U.S. stock indexes bobbed around their record levels Monday, as the curtain rose on what's expected to be the weakest earnings reporting season in years

Markets Right Now: Stocks end a wobbly day slightly higher

Jul 15, 2019

Major U.S. stock indexes ended a wobbly day with meager gains, enough to push them slightly further into record territory.

China's June auto sales fall, extending year-old decline

Jul 10, 2019

China's auto sales fell 7.8% in June from a year earlier, extending a year-old contraction that is squeezing automakers that need to spend on developing electric cars

Samsung predicts 56% drop in 2Q profit on weak chip market

Jul 5, 2019

Samsung Electronics Co. says its operating profit for the last quarter likely fell more than 56% from a year earlier amid a weak market for memory chips

PG&E's lenders offer billions, new name to rebrand utility

Jun 25, 2019

Pacific Gas & Electric's key lenders have offered a $30 billion plan to pull the utility out of bankruptcy, give the tarnished company a new name

MediaNews plans to cut 81 jobs at Reading Eagle

Jun 19, 2019

The new owners of the Reading Eagle plan to lay off more than a third of the staff after they assume control of the 150-year-old newspaper and the company's other assets later this month

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