Business News

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February 25, 2020 - 5:59 am
DALLAS (AP) _ Primoris Services Corp. (PRIM) on Tuesday reported fourth-quarter earnings of $26.9 million. On a per-share basis, the Dallas-based company said it had profit of 53 cents. The construction contractor posted revenue of $789.8 million in the period. For the year, the company reported...
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WWL AP Feed General
February 25, 2020 - 5:21 am
EULESS, Texas (AP) _ U.S. Concrete Inc. (USCR) on Tuesday reported fourth-quarter net income of $3.9 million. On a per-share basis, the Euless, Texas-based company said it had net income of 23 cents. Earnings, adjusted for stock option expense and non-recurring costs, came to 47 cents per share...
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People stand an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Tuesday, Feb. 25, 2020. Shares are mostly lower in Asia on Tuesday after Wall Street suffered its worst session in two years, with the Dow Jones Industrial Average slumping more than 1,000 points on fears that a viral outbreak that began in China will weaken the world economy.(AP Photo/Eugene Hoshiko)
February 25, 2020 - 4:13 am
Shares opened lower in Europe on Tuesday after a mixed session in Asia, where Tokyo's Nikkei 225 index skidded more than 3% as Prime Minister Shinzo Abe urged fresh efforts to contain the outbreak of a new virus that has spread from China to nearly three dozen countries. Nerves appeared to have...
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FILE - In this Sunday, April 28, 2013 file photo, a Boeing 787 plane of the All Nippon Airways, ANA, prepares to land after a test flight at Haneda Airport in Tokyo. Japanese carrier ANA is ordering 20 Boeing 787 Dreamliner jets, bringing its fleet of the planes to 103 by 2025. (AP Photo/Shizuo Kambayashi, File)
February 25, 2020 - 3:04 am
TOKYO (AP) — Japanese carrier ANA is ordering 20 Boeing 787 Dreamliner jets, bringing its fleet of the planes to 103 by 2025. The latest order will consist of 11 787-10 aircraft, set to go into service for Japan routes sometime between 2022 and 2024, ANA Holdings Inc. said Tuesday. That jet seats...
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FILE - In this April 18, 2016 file photo a person looks at Intuit TurboTax software on display at a retailer in Foster City, Calif. Intuit announced Monday, Feb. 24, 2020, that it is buying consumer finance company Credit Karma in a $7.1 billion cash and stock deal. (Peter Barreras/AP Images for Turbo Tax Via AP, File)
February 24, 2020 - 5:38 pm
Intuit is buying consumer finance company Credit Karma in a $7.1 billion cash and stock deal that will take it deeper into the financial products realm. The agreement announced Monday would bring together the maker of TurboTax, QuickBooks and other personal finance tools with one focusing on...
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A man wearing a face mask passes by empty ticket counters at the Daegu Airport in Daegu, South Korea, Monday, Feb. 24, 2020. South Korea reported another large jump in new virus cases Monday a day after the the president called for "unprecedented, powerful" steps to combat the outbreak that is increasingly confounding attempts to stop the spread. (KimHyun-tae/Yonhap via AP)
February 24, 2020 - 4:56 pm
The stocks of American Airlines and several cruise lines were among the worst performers in the Standard & Poor’s 500 index Monday, as investors fret that the new coronavirus could take hold outside China and further disrupt international travel. Shares of Norwegian Cruise Line Holdings Ltd.,...
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WWL AP Feed General
February 24, 2020 - 4:27 pm
HOUSTON (AP) _ Oceaneering International Inc. (OII) on Monday reported a loss of $262.9 million in its fourth quarter. On a per-share basis, the Houston-based company said it had a loss of $2.66. Earnings, adjusted for non-recurring costs, were 3 cents per share. The results topped Wall Street...
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Trader Gregory Rowe works on the floor of the New York Stock Exchange, Monday, Feb. 24, 2020. Stocks are opening sharply lower on Wall Street, pushing the Dow Jones Industrial Average down more than 700 points, as virus cases spread beyond China, threatening to disrupt the global economy. (AP Photo/Richard Drew)
February 24, 2020 - 3:51 pm
The Dow Jones Industrial Average slumped more than 1,000 points Monday in the worst day for the stock market in two years as investors worry that the spread of a viral outbreak that began in China will weaken global economic growth. Traders sought safety in U.S. government bonds, gold and high-...
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FILE - This Feb. 8, 2018, file photo shows signs that mark the route of the Atlantic Coast Pipeline in Deerfield, Va. The U.S. Supreme Court is set to wade into a long-running battle between developers of the 605-mile natural gas pipeline and environmental groups who oppose the pipeline crossing the storied Appalachian Trail. On Monday, Feb. 24, 2020, the high court will hear arguments on a critical permit needed by developers of the Atlantic Coast Pipeline. (AP Photo/Steve Helber)
February 24, 2020 - 1:57 pm
The Supreme Court on Monday appeared ready to remove an obstacle to construction of the Atlantic Coast Pipeline, with a majority of justices expressing skepticism about a lower court ruling that tossed out a key permit needed for the natural gas pipeline to cross under the Appalachian Trial...
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FILE - In this Dec. 20, 2019, file photo Defense Secretary Mark Esper speaks during a news conference at the Pentagon in Washington. The Pentagon is adopting new ethical principles as it prepares to accelerate its use of artificial intelligence technology on the battlefield. (AP Photo/Susan Walsh, File)
February 24, 2020 - 1:51 pm
The Pentagon is adopting new ethical principles as it prepares to accelerate its use of artificial intelligence technology on the battlefield. The new principles call for people to "exercise appropriate levels of judgment and care" when deploying and using AI systems, such as those that scan aerial...
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