Ford Motor earned $1.9 billion from April to June, up from $667 million a year earlier, the company said on Thursday. Robust sales of gasoline-powered trucks and sport-utility vehicles more […]
Read moreBig Consumer Companies Keep Raising Prices, Complicating Fed’s Job
Some of the largest consumer brands in the country have continued to raise prices aggressively this year while raking in large profits, posing a tough problem for the Federal Reserve […]
Read moreBank of America Reports Big Profit Jump on Higher Interest Rates
The News Bank of America, one of the nation’s largest lenders, on Tuesday reported across-the-board strength in the second quarter, with sales and profit that surpassed analysts’ expectations, like the […]
Read morePay to Rise as Much as 40% in Deal Reached by United and Pilots
United Airlines pilots reached agreement with the company on Saturday on a contract valued at $10 billion that would increase pay up to 40 percent over four years. The proposed […]
Read moreNonprofit Buys 22 Newspapers in Maine
A nonprofit that aims to maintain local ownership for newspapers will buy 22 papers in Maine, including The Portland Press Herald and The Sun Journal of Lewiston. The National Trust […]
Read moreA Film About Child Trafficking Takes on Summer Blockbusters
“Sound of Freedom,” a thriller starring Jim Caviezel as a federal agent who takes on child traffickers, will not be the summer box office’s biggest hit. But it may be […]
Read moreThe Fed’s Vice Chair for Supervision Suggests Big-Bank Regulation Changes
Michael S. Barr, the Federal Reserve’s vice chair for supervision, announced on Monday that he would be pushing for significant changes to how America’s largest banks were overseen in a […]
Read moreSeveral Executives of P.R. Firm Joele Frank to Start Own Firm
There was a time when companies doing big deals could turn to only a handful of firms for advice. But the booming demand for counsel on acquisitions, activist investors and […]
Read more3 Takeaways From Janet Yellen’s Trip to Beijing
The deep chill between the United States and China moderated a little over the past few days as Treasury Secretary Janet L. Yellen held marathon talks with a new group […]
Read moreFed Officials Were Wary About Slow Inflation Progress at June Meeting
Federal Reserve officials were concerned about sluggish progress toward lower inflation and wary about the surprising staying power of the American economy at their June meeting — so much so […]
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