Lesser review planned for land wanted for Minnesota mine
The U.S. Forest Service says it's downgrading an environmental review of a proposal to withdraw certain national forest land in Minnesota from minerals exploration for up to 20 years.
Intel and AbbVie jump while Starbucks and Colgate skid
Stocks that moved substantially or traded heavily on Friday: Intel Corp., up $4.78 to $50.08 The chipmaker had a better fourth quarter than analysts expected and gave a strong sales forecast for 2018.
Business Highlights
___ US economy grew at solid 2.6 percent rate in fourth quarter WASHINGTON (AP) — Strong consumer spending and a big rebound in home construction helped the economy grow at a solid pace of 2.6 percent in the final three months of last year.
US trade court rules against Boeing in dispute with Canada
The U.S. International Trade Commission says competition from Canadian aircraft manufacturer Bombardier did not harm Boeing, a big defeat for the U.S. aircraft giant.
Massachusetts attorney general to review hydropower contract
Massachusetts Attorney General Maura Healey is promising a thorough review of the process that led to the selection of the Northern Pass project to deliver Canadian hydropower to the state.
Asian shares recoup losses, dollar steady as eyes on Trump
U.S. stocks are mixed Thursday morning as health care companies including Biogen and Celgene rise, but airlines continue to take steep losses as investors worry about rising costs and the possibility of falling fares.
Caterpillar posts 4Q loss on tax charge, but adjusted EPS up
Caterpillar Inc. on Thursday reported a loss of $1.3 billion in its fourth quarter, driven down by a hefty charge related to tax reform.
American Airlines sees profits fall in 4Q
American Airlines reported Thursday that fourth-quarter profit slipped 11 percent as higher costs for fuel and labor offset rising revenue.
Southwest gets boost from tax law; beats Street 4Q forecasts
Southwest Airlines is reporting that fourth-quarter net income soared to $1.89 billion on a massive tax benefit.
Hyundai Motor earnings miss forecasts on weak China sales
Hyundai Motor says its fourth-quarter earnings rose a lower-than-expected 3 percent, hurt by weaker overseas sales, while its operating income slumped to its lowest level since 2010.
Grumpy Cat snatches lump of cash in California court
It still won't make her smile, but Grumpy Cat has won some scratch.
Chip maker SK Hynix's 4Q net profit doubles to record high
SK Hynix says its fourth quarter net profit doubled from a year earlier to a record high.
Wall Street wobble, weak dollar pull Asian shares lower
Banks and health care companies are rising Wednesday and retailers are making gains as stocks are on pace to add to a three-day winning streak.
Town devastated by 2013 fertilizer plant blast reaches deal
A Central Texas town devastated by a 2013 fertilizer plant explosion that killed 15 people, many of them emergency personnel, has reached a settlement of its lawsuit for damages caused by the blast.
City of Chicago sues US Steel over Indiana plant's spills
The city of Chicago is suing U.S. Steel, alleging that it violated federal law with discharges of a potentially carcinogenic chemical from a northwest Indiana plant.
SpaceX fires engines on big new rocket in launch pad test
SpaceX has fired up its newest, biggest rocket in a critical launch pad test.
How major US stock indexes fared on Wednesday
U.S. stocks wobbled and finished mostly lower on Wall Street as technology companies including chipmakers dropped.
Markets Right Now: Tech losses weigh on US stock indexes
The latest on developments in financial markets (All times local): 9:35 a.m.
GE slides to loss in 4Q, faces SEC probe over $15B charge
General Electric Co. (GE) on Wednesday reported a fourth-quarter loss of $9.64 billion, after reporting a profit in the same period a year earlier.
American, Delta revive deal to handle stranded passengers
American Airlines and Delta are reviving a deal that lets them put passengers on each other's planes when travelers are stranded by disruptions like winter storms and computer outages.











