Business News

AP News - 15 minutes ago

Pfizer's second-quarter earnings plunged 79 percent from last year, when the world's second-largest drugmaker booked a $10 billion-plus gain from a business spinoff.The New York company said Tuesday it earned $2.91 billion, or 45 cents per share ...more

AP News - 35 minutes ago

GENEVA (AP) — Switzerland's biggest bank, UBS, reported Tuesday a 15 percent rise in second-quarter profit, driven by its core wealth management business, and disclosed it was part of a group of financial companies being investigated over alternative t ...more

AP News - 2 hours ago

A big one-time gain and a tax benefit helped drugmaker Merck & Co. more than double second-quarter profit, improve its profit forecast and top analysts' expectations.The maker of popular Type 2 diabetes pill Januvia said Tuesday that net inc ...more

AP News - 2 hours ago

NEW YORK (AP) — Jimmy Dean is coming to dinner — and lunch, too.The sausage brand started by the late country singer of the same name has become a breakfast staple, with products even including a pancake-and-sausage on a stick. Now the brand is ...more

AP News - 2 hours ago

CHICAGO (AP) — Grain futures were lower Tuesday in early trading on the Chicago Board of Trade.Wheat for Sept delivery was 5.25 lower at $5.2950 a bushel; Dec corn was 6.50 cents lower at $3.7025 a bushel; Dec oats were unchanged at $3.3750 a bu ...more

AP News - 2 hours ago

WASHINGTON (AP) — U.S. consumers are more confident about the economy than they have been in nearly seven years.The Conference Board said Tuesday that its confidence index rose to 90.9 in July from an upwardly revised 86.4 in June. The July read ...more

AP News - 3 hours ago

ATLANTA (AP) — UPS is willing to sacrifice some short-term profits to avoid a repeat of its failure last Christmas to deliver all packages on time.The big Atlanta-based shipping company said it will spend $175 million on improvements that includ ...more

AP News - 3 hours ago

RICHMOND, Va. (AP) — Reynolds American Inc. said Tuesday that its profit rose by 6.7 percent in its second quarter as higher cigarette and smokeless tobacco prices helped to offset a decline in the number of cigarettes it sold.The Winston Salem, ...more

AP News - 3 hours ago

MONROVIA, Liberia (AP) — Police officers deployed to Liberia's international airport to ensure passengers are screened for Ebola symptoms as a major regional airline announced Tuesday it was suspending flights to the cities hardest hit by an outbreak t ...more

AP News - 4 hours ago

NEW YORK (AP) — More travelers are flying than ever before, creating a daunting challenge for airlines: keep passengers safe in an ever more crowded airspace.Each day, 8.3 million people around the globe — roughly the population of New York City ...more