Comcast Results Top Expectations as Cable Giant Preps for Wireless Entry
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Comcast's results offer a glimpse into why it's jumping into the wireless business: Consumers don't want a landline phone anymore, limiting the appeal of its lucrative "triple play" bundles.
UPS Revenue Growth Outpaced By Rising Costs
United Parcel Service still has work to do to show that it can preserve profits amid rising delivery costs, which bit into the bottom line even as higher rates and surcharges boosted revenue.
Ford's Profit Falls 35%
Ford's first-quarter net income fell 35%, dented by safety-recall expenses, higher engineering and commodity costs, and weaker sales in the U.S.
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Verizon Invests in Self-Driving Car Startup Renovo
Verizon has invested in Renovo Auto, an autonomous-vehicle tech startup best known for turning a vintage DeLorean into a self-driving car.
Airbus Still Struggling to Hit Delivery Targets
European plane maker Airbus faces another year of scrambling to meet full-year delivery targets after falling behind in the first three months because of problems with a key engine supplier.
Deutsche Bank Woos Back Clients as It Recovers From Torrid Year
Deutsche Bank made progress winning back clients who fled over capital concerns as it recovered from a turbulent 2016, but first-quarter profit was muted by debt-trading revenue that lagged behind peers.
American Airlines Earnings Beat Estimates As Expenses Creep Upward
American Airlines Group Inc.'s first-quarter revenue rose 2% and adjusted earnings beat expectations as it earned more money per seat on flights.
Uber Interviews Heavyweights for a Crucial Job: Handling Travis Kalanick
The ride-sharing giant has approached current or former officials from companies including Disney, Wal-Mart and CVS in a bid to revamp operations and bring discipline to its culture. 'I need leadership help, ' the CEO said after a series of missteps.
Southern's Georgia Power Objects to Westinghouse Bankruptcy Loan
Georgia Power has taken issue with Westinghouse Electric's proposed $800 million bankruptcy loan, saying the financing could threaten the construction of the first new nuclear reactors to be built in the U.S. in decades.
Samsung, Facing Calls for a Shake-Up, Offers 'Plan B'
Samsung Electronics surprised investors and South Korean lawmakers by saying the conglomerate would cancel some $35 billion in legacy treasury shares and forgo restructuring into a holding company.
(END) Dow Jones Newswires
April 27, 2017 11:15 ET (15:15 GMT)