Boeing posts $8.4 billion loss on weaker demand for planes
Boeing lost $8.4 billion in the fourth quarter on weaker demand for planes during the pandemic and another setback to a new large plane designed…
AP Wire
U.S. consumer confidence rebounds in January
WASHINGTON — U.S. consumer confidence rose in January as Americans became more optimistic about the future. The Conference Board reported today that its consumer confidence…
U.S. stock indexes edge higher on earnings, vaccine optimism
CHARLOTTE, N.C. — Stocks were slightly higher in late-morning trading on Wall Street today, helped by better-than-expected earnings from blue chip companies like Johnson &…
Home prices rise at fastest pace in more than 6 years
WASHINGTON — U.S. home prices jumped in November at the fastest pace in more than six years, fueled by demand for more living space as…
IMF: Vaccines will power 5.5% global economic growth in 2021
WASHINGTON — The spread of COVID-19 vaccines will power a stronger global economic recovery in 2021, the International Monetary Fund forecast today. After sinking 3.5%…
Verizon: 4th quarter earnings snapshot
NEW YORK — Verizon Communications Inc. today reported fourth-quarter profit of $4.59 billion. On a per-share basis, the company said it had profit of $1.11….
3M: 4th quarter earnings snapshot
ST PAUL, Minn. — 3M Co. today reported fourth-quarter profit of $1.39 billion. On a per-share basis, the company said it had profit of $2.38….
GE: 4th quarter earnings snapshot
BOSTON — General Electric Co. today reported fourth-quarter net income of $2.64 billion. The company said it had profit of 27 cents per share. Earnings,…
ADM: 4th quarter earnings snapshot
CHICAGO — Archer Daniels Midland Co. today reported fourth-quarter earnings of $687 million. The company said it had net income of $1.22 per share. Earnings,…
Amazon’s growth continues in 2021, more jobs to Boston
Amazon’s 2020 hiring spree does not appear to be slowing in the new year with the company announcing 3,000 new jobs in Boston in coming…