Business

January 26, 2017 - 6:52 am
PHILADELPHIA (AP) — Comcast Corp. on Thursday reported fourth-quarter earnings of $2.3 billion. On a per-share basis, the Philadelphia-based company said it had profit of 95 cents. Earnings, adjusted for non-recurring gains, were 89 cents per share. The results topped Wall Street expectations. The...
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Britain's Prime Minister Theresa May leaves 10 Downing Street to attend parliament in London, Wednesday, Jan. 25, 2017. (AP Photo/Kirsty Wigglesworth)
January 26, 2017 - 6:37 am
LONDON (AP) — British consumers spurred faster-than-expected economic growth in the last three months of 2016, but experts warn a slowdown may be on the way as the country's plans to leave the European Union curtail spending and investment. The economy grew 0.6 percent in the fourth quarter from...
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January 26, 2017 - 3:52 am
MADRID (AP) — Spain's unemployment rate edged down to a seven-year low of 18.6 percent at the end of 2016, the National Statistics Institute said Thursday. The number of people out of work fell by 83,000 in the October-December period, to 4.2 million. Over the year, the unemployment rate dropped by...
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Construction cranes sprout out from a reclaimed land in suburban Paranaque city, south of Manila, Philippines, Thursday, Jan. 26, 2017. Officials report the Philippine economy expanded at a 6.6 percent annual rate in October-December, the slowest pace of expansion for the year, though full-year annual growth clocked in at a relatively brisk 6.8 percent. (AP Photo/Bullit Marquez)
January 26, 2017 - 3:50 am
MANILA, Philippines (AP) — The Philippine economy expanded at a brisk 6.8 percent annual rate in 2016, Economic Planning Secretary Ernesto Pernia said Thursday. But the country is vulnerable to policy shifts in Washington and at home. Economic Planning Secretary Ernesto Pernia said that robust...
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A man walks past an electronic stock indicator of a securities firm displaying NY Dow Jones industrial average, top right, that went up 155.80 to 20,068.51, in Tokyo, Thursday, Jan. 26, 2017. Asian shares advanced Thursday as investors cheered the Dow Jones industrial average's first ever close above the 20,000 milestone. Japan's Nikkei 225, left, surged 1.4 percent to 19,332.84. (AP Photo/Shizuo Kambayashi)
January 26, 2017 - 3:45 am
SEOUL, South Korea (AP) — Global shares advanced Thursday, driven by investor optimism over the Dow Jones industrial average's first ever close above the 20,000 milestone the day before. KEEPING SCORE: Britain's FTSE 100 inched up 0.1 percent to 7,167.89. France's CAC 40 added 0.2 percent to 4,888...
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Britain's Prime Minister, Theresa May, leaves Downing Street in London Tuesday Jan. 24, 2017. Britain's government must get parliamentary approval before starting the process of leaving the European Union, the Supreme Court ruled Tuesday, potentially delaying Prime Minister Theresa May's plans to trigger exit negotiations by the end of March. (Victoria Jones/PA via AP)
January 26, 2017 - 2:42 am
LONDON (AP) — British Prime Minister Theresa May has won the race to be the first foreign leader to meet President Donald Trump in Washington. But her trip to the U.S. capital is anything but a victory lap. May's staff worked feverishly to secure the two-day trip, which includes a meeting with the...
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January 26, 2017 - 1:59 am
LONDON (AP) — Taxpayer-owned Royal Bank of Scotland says it has set aside an additional $3.8 billion to cover fines and litigation costs related to its sale of bonds backed by U.S. subprime mortgages before the global financial crisis. The decision pushes provisions for the sale of such securities...
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FILE - In this May 13, 2016 file photo, a man uses his mobile phone near an Apple store logo in Beijing, China. Apple Inc. has filed suit in China challenging Qualcomm Inc.’s fees for technology used in smartphones two years after Chinese regulators fined the chipmaker for its licensing practices. Two suits filed by the iPhone maker accuse Qualcomm of abusing its control over essential technology to charge excessive licensing fees, a Beijing court said on its microblog. (AP Photo/Ng Han Guan, File)
January 25, 2017 - 11:58 pm
BEIJING (AP) — Apple Inc. has filed suit in China challenging Qualcomm Inc.'s fees for technology used in smartphones two years after Chinese regulators fined the chipmaker for its licensing practices. Two lawsuits filed by the iPhone maker accuse Qualcomm of abusing its control over essential...
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This photo provided by Nasdaq shows Nasdaq Tower in New York's Times Square, as the display shows that the Dow Jones industrial average crossed the 20,000 mark for the first time, Wednesday, Jan. 25, 2017. (Rohini Shahriar/Nasdaq via AP)
January 25, 2017 - 11:02 pm
With the Dow Jones industrials above 20,000, it's natural to ask what's going on and what, if anything, investors should do. Here are some answers to common questions that people have about the stock market. Q. Can the stock market keep going higher? A. The Dow has more than tripled from its low...
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January 25, 2017 - 11:00 pm
Dow 20,000: What does it mean and where does it go?
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