Business News

AP News - 12 minutes ago

MOKPO, South Korea (AP) — A maritime professor who spoke with the third mate who was steering the South Korean ferry before it sank said Wednesday that he suspects there was a problem with the steering gear.Professor Kim Woo-Sook of Mokpo Nation ...more

AP News - 29 minutes ago

DALLAS (AP) — Delta Air Lines Inc. is making more money by filling more seats on its planes and paying a bit less for fuel.Delta's first-quarter profit beat expectations and underscored how most big airlines are prospering with a combination of ...more

AP News - 43 minutes ago

Boeing's increased rate of commercial jet manufacturing is starting to pay off for shareholders.In the first three months of this year, 161 new airplanes rolled off the company's assembly lines — more jets than the same period last year. That in ...more

AP News - 50 minutes ago

The Boston Marathon champion crossed the finish line wearing sneakers from Skechers, not exactly a brand associated with sports.The company signed Meb Keflezighi three years ago hoping he could help legitimize its foray into selling running shoe ...more

AP News - 51 minutes ago

FRANKFURT, Germany (AP) — A closely-watched survey has found business activity across the 18-country eurozone running at a three-year high, in perhaps the clearest sign yet that the economic recovery is gaining momentum.Analysts say Wednesday's ...more

AP News - 1 hour ago

RICHMOND, Va. (AP) — Reynolds American Inc.'s first-quarter profit fell more than 28 percent as the company sold fewer cigarettes and spent more on expanding its electronic cigarette brand and legal costs.The nation's second-biggest tobacco comp ...more

AP News - 1 hour ago

PARIS (AP) — The French government has raised its public deficit forecasts amid slow growth, but is still pledging to meet the European Union deficit target of 3 percent next year.A plan aimed at reducing France's debt over the next three years ...more

AP News - 1 hour ago

CINCINNATI (AP) — Procter & Gamble Co.'s fiscal third-quarter net income rose 2 percent as it cut costs to offset sluggish sales in categories like beauty and family products.The world's largest consumer product maker's adjusted earnings top ...more

AP News - 3 hours ago

MOKPO, South Korea (AP) — A colleague calls Capt. Lee Joon-seok the nicest person on the ship. With more than 40 years' experience at sea, Lee could speak with eloquence about the romance and danger of a life spent on ships.But his reputation no ...more

AP News - 4 hours ago

BEIJING (AP) — At age 32, Jason Jia already is the kind of customer luxury automakers are seeking as competition grows in China's lucrative but crowded market.The energy industry consultant has traded up from a Volkswagen Polo to a VW GTI. Now, ...more