U.S. Goods Trade Deficit Hits Record High; Inventories Rise Strongly
By Lucia Mutikani WASHINGTON (Reuters) -The U.S. trade deficit in goods widened to a record high in December amid a…
January 26, 2022
Norfolk Southern railroad’s Q4 profit up 13% on higher rates
OMAHA, Neb. (AP) — Norfolk Southern railroad delivered 13% greater profit in the fourth quarter even though the amount of…
Gates Foundation expands board following Bill, Melinda split
The Bill and Melinda Gates Foundation announced Wednesday it will add four members to its board of trustees, a first…
Abbott Beats Profit, Sales Estimates On Strong COVID Test Demand
(Reuters) -Abbott Laboratories on Wednesday beat quarterly profit and sales estimates, aided by robust sales of COVID-19 test kits due…
Mattel Reclaims Rights For Disney Princess Lineup From Hasbro
(Reuters) -Mattel Inc on Wednesday snatched back rights to produce toys based on Walt Disney Co’s “Frozen” franchise and Princess…
Greek army helps remove vehicles on snow-plagued road
ATHENS, Greece (AP) — Greek army and municipal crews removed hundreds of vehicles Wednesday that had been stranded in snow…
Boeing posts $4 billion loss tied to problems with 787 jet
Boeing on Wednesday reported a $4.16 billion loss for the fourth quarter as the financial fallout of production flaws in…
Abbott Beats Profit Estimates On Strong COVID Test Demand
(Reuters) -Abbott Laboratories’ quarterly profit beat analysts’ estimate, aided by robust sales of COVID-19 test kits due to the spread…
Abbott Sales Rise 7.2% As COVID Test Demand Surges
(Reuters) -Abbott Laboratories on Wednesday reported a 7.2% rise in quarterly sales on strong demand for diagnostics products, including its…
EU court annuls Intel’s 2009 billion euro antitrust fine
LONDON (AP) — Chipmaker Intel scored a decisive legal victory Wednesday in a long-running battle against European Union competition watchdogs…