Business

Twitter is profitable again in 1Q, Wall Street not impressed

Apr 25, 2018

Twitter has second profitable quarter with strong profit and revenue, sending shares up sharply

Businesses balance Facebook privacy concerns, ad needs

Apr 25, 2018

Some businesses are in a quandary about Facebook after news that Cambridge Analytica gathered personal information from 87 million of the social media site's users

Correction: Waffle House Shooting story

Apr 25, 2018

Correction: Waffle House Shooting story

Iraq's move to rush oil bidding could deter some firms

Apr 25, 2018

Iraq speeds up oil and gas bidding process ahead of national elections, in a move that could deter some firms

Norfolk Southern railroad's 1Q earnings climb 27 percent

Apr 25, 2018

Norfolk Southern Corp. hauled in 27 percent more profit in the first quarter as the railroad delivered 3 percent more freight and increased prices

Louisiana: $1.5 billion in tax breaks for $9.4 billion plant

Apr 25, 2018

State and local governments offered about $1.5 billion in incentives to lure a $9.4 billion plastics complex to Louisiana

Stronger pound weighs on revenues at drugmaker GSK

Apr 25, 2018

Pharmaceutical giant GlaxoSmithKline says first-quarter revenue dropped 2 percent as a stronger pound offset encouraging sales of a new shingles treatment

Polish PM says ex-communist EU countries need more support

Apr 25, 2018

Poland's prime minister says the European Union's ex-communist countries still need high levels of EU funding if they are to catch up with living standards in the West

Finland says basic income trial going ahead as planned

Apr 25, 2018

An official says it is up to a future Finnish government to decide whether to continue the Nordic country's unique two-year basic income experiment after next year's election

Commission calls for more transparency from shoe companies

Apr 25, 2018

The Commission on College Basketball calls for shoe companies to have more financial transparency and accountability in "non-scholastic basketball" to help NCAA fight corruption

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