New Ford CEO replaces CFO, pledges stronger profit margins
DETROIT — On his first day in Ford’s top job, CEO Jim Farley is replacing the company’s chief financial officer and announcing other structural and…
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MLB’s first retail store opens Friday in New York City
NEW YORK — Inside a former Manhattan television studio, the scaffolding has come down and Major League Baseball’s first retail store opens Friday across from…
PepsiCo: 3rd quarter earnings snapshot
PURCHASE, N.Y. — PepsiCo Inc. today reported third-quarter net income of $2.29 billion. The company said it had profit of $1.65 per share. Earnings, adjusted…
American, United to furlough 32,000 as time runs out on aid
American Airlines and United Airlines say they will begin to furlough 32,000 employees after lawmakers and the White House failed to agree on a broad…
Throwback Thursday: 2nd Diamond Jo boat marks grand opening 25 years ago
A new era in riverboat gambling launched 25 years ago in Dubuque, with the arrival of the larger of two Diamond Jo Casino boats. The…
Google unveils latest Pixel phone, rolls out new TV service
SAN RAMON, Calif. — Google will try to make a bigger splash in the smartphone market with a cheaper high-end model while it also aims…
More Americans sign contracts to buy homes in August
SILVER SPRING, Md. — More Americans signed contracts to buy homes in August, suggesting the hot U.S. housing market will continue to churn well into…
Economy plunges 31.4% in spring but big rebound expected
WASHINGTON — The U.S. economy plunged at a record rate in the spring but is poised to swing to a record increase in the quarter…
Ford recalls more than 700,000 vehicles; backup cameras can go dark
DETROIT — Ford is recalling more than 700,000 vehicles in North America because the backup cameras can show distorted images or suddenly go dark. The…
Shell plans to cut up to 9,000 jobs as oil demand slumps
LONDON — Energy producer Royal Dutch Shell said today it’s planning to cut between 7,000 and 9,000 jobs worldwide by the end of 2022 following…