Germany's biggest bank says regulatory costs weigh on results for third quarter
Deutsche Bank says it made a net loss of 92 million euros in the third quarter as legal costs and complying with new regulations weighed on earnings.
Asian stocks sag on US growth fears but European markets stabilize after big falls
Asian stocks sank Thursday after a torrid session on Wall Street triggered by jitters the recovery in the world's No.
CSX CEO: regulators would be cautious about any rail consolidation, won't discuss deal reports
CSX railroad's top executive says regulators are likely to be reluctant about consolidation among the major industry players because they remain concerned about service.
CSX 3Q profit rises12 percent as railroad shipping volume increases, economy grows
CSX Corp. (CSX) on Tuesday said its third-quarter profit grew 12 percent to $509 million as it hauled more freight amid an improving economy.
Asia stocks down, European shares drift after Wall Street stumbles on economic data
Japanese stocks led most Asian benchmarks lower Friday while European stocks drifted in lackluster early trading after Wall Street's worst day since July, as investors awaited the latest economic data on the world's largest economy.
Japan's Nikkei leads Asian stock declines after weak economic data
Tokyo stocks led declines in most Asian markets on Friday after Japanese economic data showed that the region's second biggest economy is struggling to recover from a sales tax hike.
Australian stocks lead Asian markets higher on healthy earnings reports
Asian stock markets were mostly higher Thursday, with Australia's benchmark leading gains on a crop of healthy earnings reports.
Asian stocks rise as low Chinese inflation and Japan rebound help offset Iraq worries
Asia stocks rose Monday as subdued Chinese inflation, a rebound by Japanese markets and the latest easing of tensions over Ukraine helped offset unease about Iraq.
Mortgage companies Fannie Mae, Freddie Mac post profits in 2Q; pay dividends to US Treasury
Government-controlled mortgage companies Fannie Mae and Freddie Mac posted profits for the April-June period as the U.S. housing market continued to recover.
Business Highlights
___ US airfares on the rise, outpacing inflation NEW YORK (AP) — The average roundtrip ticket within the U.S., including taxes, reached $509.15 in the first six months of this year, up nearly $14 from the same period last year.
Business News Digest
Business News at 1:30 p.m.
WellPoint 2nd-quarter profit falls on higher expenses, but still tops Wall Street projections
WellPoint's second-quarter profit fell 8.6 percent as expenses climbed.
Asian stock markets boosted by growth in Chinese corporate profits
Asian stock markets were mostly higher Monday, shrugging off jitters about stiffer Western sanctions against Russia, after China reported strong corporate profits.
Business events and economic reports scheduled for the coming month
FRIDAY, Aug. 1 WASHINGTON — Labor Department releases employment data for July, 8:30 a.m.; Commerce Department releases personal income and spending for June, 8:30 a.m.; Institute for Supply Management releases its manufacturing index for July, 10 a.m.; Commerce Department releases construction spending for June, 10 a.m.
Hyundai Motor's 2Q profit dips due to strong South Korean won
Hyundai Motor Co. says its second-quarter profit fell 7 percent as the appreciation of South Korean diluted its overseas earnings.
Health insurer UnitedHealth's 2nd-quarter profit slips 2 percent as taxes, other expenses rise
UnitedHealth Group says its second-quarter earnings slipped 2 percent on a rise in taxes and other expenses, but the nation's largest health insurer still trumped analyst expectations.
Strong demand helped CSX in 2Q but railroad had to scramble to keep up with volume
CSX Corp. officials are optimistic about the railroad's long-term results, but its third-quarter profit will likely be relatively flat.
Idaho ends 2014 budget year with $7.2M more than expected
State officials say Idaho closed the 2014 fiscal year with $7.2 million more than anticipated.
Ohio casino tax revenue for past year falls short of predictions; racino competition blamed
Ohio's casino tax revenue over the past year fell short of what state officials had predicted.
