Money & Markets

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As storm rushes in, airlines cancel while salt sellers gain
Businesses large and small are feeling the effects of a huge snowstorm sweeping into the Northeast Monday. For some, wintry weather is derailing activity: Airlines canceled thousands of flights. Car dealers expect to lose a couple sales days. Others are enjoying sales bumps, as shoppers stock up on shovels and other winter gear - and snow day snacks....

Microsoft earnings report doesn't excite market
SAN FRANCISCO (AP) -- Big jumps in sales of its Surface tablets, cloud computing software and Lumia smartphones drove Microsoft's quarterly revenue above expectations, as CEO Satya Nadella continues to steer toward the mobile gadget market and shift Microsoft away from its traditional focus on the PC....

Ocwen and Mattel are big market movers
NEW YORK (AP) -- Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and the Nasdaq Stock Market:...

US stock exchanges expect business as usual amid storm
NEW YORK (AP) -- The major stock exchanges expect to remain open for trading Tuesday even as a blizzard barrels down on New York City....

Norfolk Southern 4Q profit flat as coal revenue falls 15 pct
OMAHA, Neb. (AP) -- Norfolk Southern Corp. reported its profit was little changed in the fourth quarter from a year ago because the railroad's coal revenue fell 15 percent on weak demand from utilities and export markets....

France, seeking growth, debates bill to free up labor rules
PARIS (AP) -- France's Parliament has started debating a bill promoted by the Socialist government aimed at freeing up the country's labor rules and regulations, in order to boost hiring....

German business confidence rises for third month running
FRANKFURT, Germany (AP) -- German business optimism rose for the third straight month in January, giving a positive signal from Europe's biggest economy as executives foresee export gains from the weaker euro....

Afghan economic crisis looms as foreign aid dollars depart
KABUL, Afghanistan (AP) -- Afghanistan's fragile economy has lost around a third of its value in the past year as international aid organizations that poured in cash for more than a decade have drastically scaled back after Western forces effectively ended their 13-year war against the Taliban....

Global economy hopes raised after European stimulus
DAVOS, Switzerland (AP) -- The global economic outlook just got brighter after this week's big stimulus from the European Central Bank, leading policymakers from around the world said Saturday....

Ukraine: cutting graft top priority to reach new bailout
DAVOS, Switzerland (AP) -- Ukraine will focus on fixing its huge problem of corruption as it tries to convince its international rescue creditors to give it more loans, a government official said Saturday....

AP Photo
AP Photo/Elaine Thompson
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