Company Earnings Show Strength
Corporate profits continued to rebound in the third quarter alongside solid growth in the broader U.S. economy.
Corporate profits continued to rebound in the third quarter alongside solid growth in the broader U.S. economy.
Carrier Corp. has agreed to keep in Indiana roughly 1,000 jobs it had planned to shift to Mexico, after a lobbying effort from the incoming Trump administration.
Praxair moved to restart negotiations with Germany’s Linde over a combination that would create a $60 billion industrial-gas giant, two months after previous talks dissolved.
As the holiday spending season kicks off, online shopping is emerging as a clear winner, helped by increased use of mobile phones.
Intel Corp. once again reached outside its ranks to fill a key executive position, recruiting an executive from rival ARM Holdings PLC as the big chip maker steps up plans to sell chips for devices other than computers.