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Currency traders watch monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Wednesday, Jan. 22, 2020. Shares advanced in early Asian trading after a slide in U.S. stocks Tuesday as a virus outbreak in China rattled global markets. (AP Photo/Ahn Young-joon)

Asian shares higher after selloffs spurred by Chinese virus

Jan. 21, 2020 11:08 PM EST

Shares mostly rose in early Asian trading on Wednesday after a slide in U.S. stocks overnight as a virus outbreak in China rattled global markets. Japan's Nikkei 225 index climbed 0.6% to 24,013.15 and the Kospi in South Korea surged 0.8% to 2,256.95. In Hong Kong, the Hang Seng jumped 0.8% to 28,216.78. The...

FILE - In this Dec. 25, 2019, file photo workers load baggage into a United Airlines plane at San Francisco International Airport in San Francisco. United Airlines reports financial results Tuesday, Jan. 21, 2020. (AP Photo/Jeff Chiu, File)

United Airlines boosts profit on more revenue, cheaper fuel

Jan. 21, 2020 6:33 PM EST

United Airlines reported Tuesday that higher revenue and cheaper fuel helped boost its fourth-quarter profit by nearly 40%, to $641 million. The airline's forecast of first-quarter earnings easily beat Wall Street expectations. It is not all clear sailing for United, however. The financial report came the same...

FILE - In this Nov. 25, 2019, file photo a sign for TD Ameritrade is shown on an office window for the brokerage i New York. Online brokerage TD Ameritrade will release its fiscal first-quarter earnings report Tuesday, Jan. 21, 2020. (AP Photo/Mark Lennihan, File)

TD Ameritrade's profit falls 37% after cutting commissions

Jan. 21, 2020 5:30 PM EST

OMAHA, Neb. (AP) — Online brokerage TD Ameritrade’s fiscal first-quarter profit fell 37% in the first full quarter with free commissions on most trades. The Omaha, Nebraska, based company said Tuesday it earned $379 million, or 70 cents per share, during the quarter ended in December. That's down...

This Week: Netflix earns, US home sales, Southwest earns

Jan. 20, 2020 1:11 AM EST

A look at some of the key business events and economic indicators upcoming this week: STREAMING WARS Netflix serves up its fourth-quarter results Tuesday. Financial analysts forecast the video streaming pioneer will report that its earnings and revenue increased in the final quarter of 2019. Investors will be...

FILE - In this Jan. 10, 2020, file photo specialist Meric Greenbaum, center, works at his post on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Thursday, Jan. 16. (AP Photo/Richard Drew, File)

Global stocks inspired by US rally, hopes for Chinese growth

Jan. 17, 2020 7:54 AM EST

Global stocks rose Friday, seemingly buoyed by high spirits on Wall Street, as new data suggested China's economic slowdown may have stabilized and Washington and Beijing signed a trade deal. European indexes were broadly higher, while markets in Shanghai, Tokyo and Hong Kong closed with gains, after the U.S.'s...

In this Oct. 14, 2019 photo a CSX locomotive rests on railroad tracks at a rail yard, in Framingham, Mass. CSX Corp. reports financial results Thursday, Jan. 16, 2020. (AP Photo/Steven Senne)

CSX 4Q profit declines 9% as railroad hauls less freight

Jan. 16, 2020 6:43 PM EST

OMAHA, Neb. (AP) — CSX said its profit declined 9% in the fourth quarter as the railroad hauled 7% less freight. The Jacksonville, Florida, based railroad said Thursday it earned $771 million, or 99 cents per share, in the quarter. That's down from $843 million, or $1.01 per share, a year ago. The results...

FILE - In this Jan. 2, 2020, file photo traders monitor stock prices at the New York Stock Exchange. Over the next few weeks, companies across the country will be telling investors how much profit they made in the last three months of 2019. (AP Photo/Mark Lennihan, File)

CEOs got a pass in 2019, but they need to grow profits soon

Jan. 16, 2020 2:00 PM EST

NEW YORK (AP) — CEOs, you get one more mulligan. Over the next few weeks, companies across the country will be telling investors how much profit they made in the last three months of 2019. Analysts along Wall Street are setting expectations very low, again. They're forecasting a fourth-straight quarter of...

FILE - This Oct. 16, 2012, file photo, shows a portion of the UnitedHealth Group Inc.'s campus in Minnetonka, Minn. UnitedHealth Group reports financial results Wednesday, Jan. 15, 2020. (AP Photo/Jim Mone, File)

Another strong UnitedHealth quarter, 2019 profit at $13.84B

Jan. 15, 2020 1:31 PM EST

UnitedHealth’s fourth-quarter net income surged 16%, and investors shrugged off a rare revenue miss to make the nation’s largest health insurer one of the biggest gainers in Wednesday trading. Growing Medicare Advantage coverage and fat profits from UnitedHealth’s Optum business, which...

FIE - In this Feb. 5, 2019, file photo a ramp worker guides a Delta Air Lines plane at Seattle-Tacoma International Airport in Seattle. Delta Air Lines says it earned $1.1 billion in the fourth quarter by operating more flights and filling a higher percentage of seats.  The financial results beat Wall Street expectations. Delta and other U.S. airlines are enjoying a prolonged period of profitability thanks to steadily rising demand for travel.   (AP Photo/Ted S. Warren, File)

Strong demand, mild fuel prices help Delta earn $1.1 billion

Jan. 14, 2020 12:19 PM EST

Delta Air Lines boosted its fourth-quarter profit to $1.1 billion by adding more flights over the holiday-packed period and stuffing them even more full of passengers. Lower fuel prices helped too, as Delta reported Tuesday that earnings rose 8% over a year earlier and beat analysts' expectations. And unlike key...

FILE - In this Oct. 29, 2019, file photo Delta Air Lines planes operate at the new $3.9 billion Terminal C at LaGuardia Airport in New York. The Atlanta-based carrier will report financial results Tuesday, Jan. 14, 2020. (AP Photo/Mark Lennihan, File)

This Week: JPMorgan, Delta Air Lines, UnitedHealth results

Jan. 13, 2020 1:00 AM EST

A look at some of the key business events and economic indicators upcoming this week: JPMorgan Chase JPMorgan Chase kicks off Wall Street banks' earnings season when it reports its fourth-quarter results Tuesday. The bank's stock has risen about 20% since it reported strong third-quarter earnings in October....