Latest Business News
US prohibits airlines from flying to Haiti and UN suspends flights after planes were shot by gangs
PORT-AU-PRINCE, Haiti (AP) — The Federal Aviation Administration prohibited U.S. airlines from flying to Haiti for 30 days after gangs shot three planes and the United Nations also Tuesday temporarily suspended flights to Port-au-Prince, limiting humanitarian aid coming into the country. ...
Trump has promised to 'save TikTok'. What happens next is less clear
After a tumultuous year filled with anxiety and a legal battle about its future in the U.S., TikTok may have just been thrown a lifeline by the man who was once its biggest foe: Donald Trump. President-elect Trump, who tried to ban the social media platform the last time he was in...
Westaim: Q3 Earnings Snapshot
TORONTO (AP) — TORONTO (AP) — Westaim Corp. (WEDXF) on Tuesday reported a loss of $1.2 million in its third quarter. On a per-share basis, the Toronto-based company said it had a loss of 1 cent. The investment company posted revenue of $6.6 million in the period. ...
Explosion at Kentucky business injures 11 workers, shatters windows in surrounding neighborhood
LOUISVILLE, Ky. (AP) — At least 11 employees were taken to hospitals after an explosion on Tuesday at a Louisville, Kentucky, business that produces natural color for foods and drinks. The explosion, which happened at Givaudan Sense Colour, knocked out windows and blew in doors in...
Ellington Credit: Q3 Earnings Snapshot
OLD GREENWICH, Conn. (AP) — OLD GREENWICH, Conn. (AP) — Ellington Credit Company (EARN) on Tuesday reported profit of $5.4 million in its third quarter. On a per-share basis, the Old Greenwich, Connecticut-based company said it had profit of 21 cents. Earnings, adjusted for...
Kraft Heinz stops serving school-designed Lunchables because of low demand
Food and beverage manufacturer Kraft Heinz said Tuesday that it no longer is serving the Lunchables meals it created for U.S. schools. The company introduced the two packaged meals — one starring pizza and the other a turkey, cheddar cheese and cracker plate — at the beginning...
Xenetic Biosciences: Q3 Earnings Snapshot
FRAMINGHAM, Mass. (AP) — FRAMINGHAM, Mass. (AP) — Xenetic Biosciences, Inc. (XBIO) on Tuesday reported a loss of $437,000 in its third quarter. The Framingham, Massachusetts-based company said it had a loss of 28 cents per share. The company posted revenue of...
I-80 Gold: Q3 Earnings Snapshot
RENO, Nev. (AP) — RENO, Nev. (AP) — I-80 Gold Corp. (IAUX) on Tuesday reported a loss of $38.1 million in its third quarter. The Reno, Nevada-based company said it had a loss of 10 cents per share. Losses, adjusted for non-recurring costs, were 7 cents per share. ...
Wall Street makes wagers on the likely winners and losers in a second Trump term
NEW YORK (AP) — Wall Street is already making big bets on what take two for a White House led by Donald Trump will mean for the economy. Since Election Day, investors have sent prices zooming for stocks of banks, fossil-fuel producers and other companies expected to benefit from...
Paramount Gold: Fiscal Q1 Earnings Snapshot
WINNEMUCCA, Nev. (AP) — WINNEMUCCA, Nev. (AP) — Paramount Gold and Silver Corp. (PZG) on Tuesday reported a loss of $1.6 million in its fiscal first quarter. On a per-share basis, the Winnemucca, Nevada-based company said it had a loss of 2 cents. _____ ...
