Updated coverage of a BART Bus vs Train in Butler County.
Updated coverage of a BART Bus vs Train in Butler County.
The passenger who was dragged off a United flight after he refused to give up his seat to airline employees settled with the airline for an undisclosed sum Thursday in an apparent attempt by the company to put the fiasco behind it as quickly as possible. David Dao's legal team said in a brief statement that the agreement includes a provision that the amount will remain confidential. One his lawyers praised United CEO Oscar Munoz.
United Airlines and the passenger who was dragged from a Chicago flight earlier this month have reached a settlement for an undisclosed sum, they said on Thursday, in the carrier's latest step to contain damage from an incident that sparked international outrage. Viral videos of Dr. David Dao being dragged down the aisle of a United jet and Chief Executive Oscar Munoz's handling of the incident touched off a public outcry, prompted calls from congressmen for new industry regulation, and led United's board of directors to reverse an agreement to make Munoz company chairman in 2018. Southwest Airlines also said on Thursday that it would end overbooking of flights.
ESPN is laying off about 100 employees, including former athletes-turned-broadcasters Trent Dilfer, Len Elmore and Danny Kanell, in a purge designed to focus the sports network on a more digital future. The cuts will trim ESPN's stable of on-air talent and writers by about 10 percent. The 37-year-old network has been squeezed by rising fees to broadcast live events at the same time hordes of cord-cutting TV viewers have been canceling their ESPN subscriptions.
The question of whether you'll be paying more in taxes under President Donald Trump may hinge on how much you use tax deductions now. The Trump administration Wednesday unveiled the broad outlines of his campaign promise to overhaul the sprawling U.S. tax code with a simpler system that lowers tax rates. It remains to be seen how deeply the plan cuts into the most widely used deductions, which cost the government hundreds of billions of dollars in lower taxes.
This is a strong job market for those with the skills to treat patients and build apps. Using data from the Bureau of Labor Statistics, jobs platform Monster took a look at the occupations that will add the most jobs between now and 2024, and there's
In a span of less than four months, Tesla Motors (TSLA) founder and CEO Elon Musk has added $2.3 billion to his personal wealth . Musk is now worth more than $13 billion, according to the Bloomberg Billionaire Index, but it could have worked out very differently. In fact, a crucial decision Elon Musk was forced to make in 2010 when, by his own account, the billionaire was broke, is one of the reasons Musk has been able to cash in on Tesla's rapid share rise this year: Musk held on to shares at the very moment when a sale to raise cash would have made financial sense.
Skyworks Solutions (SWKS) just released its second-quarter 2017 financial results, posting earnings of $1.33 per share and revenues of $851.7 million.Currently, SWKS is a Zacks Rank #2 (Buy), but this ranking could be changed based on today’s results.
Weeks after firing host Bill O’Reilly amid allegations of sexual harassment, Fox News is under fire once again for accusations of racial discrimination. Eleven current and former Fox News employees have filed a lawsuit alleging that Fox employees engaged in “abhorrent, intolerable, unlawful and hostile racial discrimination” and created a workplace “more akin to Plantation-style management than a modern-day work environment". The case, which started with two former payroll employees, made headlines this week with the addition of former Fox and Friends co-host Kelly Williams.
By Julia Simon NEW YORK (Reuters) - Crude prices were slightly lower after a volatile session on Thursday, as the restart of two key Libyan oilfields and concerns about lackluster gasoline demand fed concern over whether major oil producers can alleviate the glut of global inventories. U.S. gasoline futures led the energy complex lower in choppy trading, at one point hitting its lowest level seasonally in eight years after data on Wednesday showed inventories rose by the most in nearly three months. “Gasoline is kind of keeping crude from going up very much," said James Williams, president of energy consultant WTRG Economics in London, Arkansas.
Congrats, grads: The proportion of employers planning to hire recent college graduates hit a decade-high this year. Almost three-fourths of employers intend to hire college graduates this year, according to a new survey from CareerBuilder. "Competition for soon-to-be college grads is escalating to a degree we haven't seen in the last 10 years," said Rosemary Haefner, chief human resources officer for CareerBuilder.
Microsoft (NASDAQ: MSFT)'s cloud business is likely to unlock a powerful profit stream for the business over the next few years, according to analyst Michael Nemeroff. Nemeroff, a banker at Credit Suisse, wrote that Microsoft is in the early innings of its commercial cloud business, while Office 365 also has the potential for revenue and profit growth. Profit margins are expected to grow to 60 percent by 2019, Nemeroff estimated.
Republicans said they would push a short-term spending bill — essential to keeping the government open — through the House Friday with only GOP votes, if necessary. At the same time, a House GOP leader said late Thursday that there would be no vote on major GOP health care legislation until at least next week.
GoPro, which is desperately trying to turn a profit again, said sales rose more than expected during its latest quarter. Shares of GoPro, which are known for being highly volatile, popped 5% in after-hours trading before giving up their gains. During the first quarter, revenue increased 19% to $218.6 million, beating analyst estimates of $207.9 million. Almost two thirds of GoPro’s revenue came from outside the U.S., with its HERO5 camera proving to be particularly popular in places like China and Europe. GoPro also pointed to a “strong start” for its consumer Karma drone. Yet GoPro said losses widened slightly to $111.15 million, or 78 cents per share, compared to $107.46 million, or 78 cents
The air freight industry has some major players whose stocks are trading in very different ways. United Parcel Service, Inc. (UPS) fell at the start of the year and has been in a three-month range since. With earnings on Apr. 27, a breakout could occur relatively quickly. FedEx Corp. (FDX) didn't sell off much at the start of the year, but it too has key levels to watch as it has been ranging for the last four months. Expeditors International of Washington, Inc. (EXPD) is currently the strongest of the group, posting a multi-year high on April 25. The chart of United Parcel Service is in a precarious position. The decline between December and February was larger than the last rally higher (November
By Adam Jourdan and Ben Blanchard SHANGHAI/BEIJING (Reuters) - China needs to raise its military capabilities to protect its growing overseas interests, its foreign minister said following the launch of China's first domestically built aircraft carrier, while vowing not to pursue expansionism. China launched the carrier on Wednesday amid rising tension over North Korea and regional worries about Beijing's assertiveness in the South China Sea and its broader military modernization program. "Under this new environment, China has ample reason to raise its own national defense capability to effectively protect its fair rights that are increasingly extending overseas," Wang said in response to a question on the new carrier, according to a statement on the ministry's website on Thursday.
California lawmakers pushed forward Wednesday with a proposal that would substantially remake the health care system of the nation's most populous state by replacing insurance companies with government-funded health care for everyone. The idea known as single-payer health care has long been popular on the left and is getting a new look in California as President Donald Trump looks to replace former President Barack Obama's health care law.
There's a great piece in The Wall Street Journal about how Wall Street's masters of the universe invest their money through family offices, and how that can sometimes raise eyebrows across the industry. It's not hard to see why family offices can be a problem. Big-time investors are supposed to be putting their clients' interests first, and The Journal report suggests that if they're investing for themselves, they might get distracted from their work.
United Airlines has announced “substantial” policy changes following the recent incident aboard a recent flight when a passenger was dragged off the plane. “The changes are the result of United’s thorough examination of its policies and procedures, and commitment to take action, in the wake of the forced removal of a customer aboard United Express Flight 3411 on April 9,” the statement on the airline’s website read. The airline says they will now limit law enforcement to safety and security issues.
Dow and DuPont plan to merge and then break up into three independent publicly traded companies, with the first spinoff being called "Material Science Co". Dow will expand in the packaging, infrastructure, transportation and consumer care markets, Chief Executive Officer Andrew Liveris said on a post-earning call on Thursday, adding that 90 percent of the Material Science company's revenue would be "aligned" to these end-markets. DuPont said on Tuesday it expected its deal with Dow to close in August, after repeated delays due to strict regulatory scrutiny.
After a rally last week in the wake of President Donald Trump's announcement that he would be kick starting a probe into imported steel, steel stocks tumbled Wednesday as weak earnings and slashed guidance from United States Steel (NYSE:X) sent worries through the sector. U.S. Steel reported a quarterly loss of $1.03 per share, according to Thomson Reuters. Released after the bell Tuesday, the earnings report sent U.S. Steel's stock into a 26 percent nosedive Wednesday.
For the second quarter in a row, Starbucks (SBUX)' same-store sales failed to meet Wall Street expectations, sending shares down more than 4 percent in aftermarket trading Thursday. Despite the weaker-than-expected same-store sales growth, CEO Kevin Johnson remained optimistic about the rest of the year. "With our U.S. business accelerating throughout the quarter and strong performance in China, we are poised to deliver strong revenue growth in the second half and into the future," said Johnson said in a press release.
Frontier Communications Corporation FTR, a leading regional telecommunication company in the U.S., is scheduled to report first-quarter 2017 results on May 2, after market close. Last quarter, the bottom line of Frontier Communications missed the Zacks Consensus Estimate by 33.33%. Over the past three months, shares of Frontier Communications lost 45.00% compared with the Zacks categorized Wireline - Regional - Rural industry’s loss of 20.00%.
Under Armour said Thursday that sales in its footwear segment grew only 2 percent for the quarter, compared to a whopping 64 percent increase in shoe sales during the same period one year ago. The difference was primarily due to "significant strength in basketball sales" last year, Under Armour said. Under Armour also will open a "footwear building" in Nike's home turf of Portland, Oregon, and, shift its focus to shoes priced at more than $100.