WASHINGTON'S LEADING BUSINESS MAGAZINE

Daily Intel

Airbus says net profit soared in 2014
PARIS (AP) — Airbus says its net profit soared 59 percent last year as a record-high number of jet deliveries helped offset a 551 million euros end-of-year charge against its delayed A400M military transporter program. Boeing's chief rival in the $...
Feb 27, 2015 | 3:27 PM
Lloyds to pay dividend for first time since being bailed out
LONDON (AP) — London-based Lloyds Banking Group passed a milestone Friday in its recovery from the financial crisis, reporting an annual profit and announcing plans to pay a dividend for the first time since it was rescued by British taxpayers....
Feb 27, 2015 | 3:27 PM
Sweden's Ericsson sues Apple in patent dispute
STOCKHOLM (AP) — Wireless equipment maker Ericsson is suing Apple for alleged patent infringement. Ericsson's chief intellectual property officer, Kasim Alfalahi, said common smartphone features like livestreaming TV shows or accessing apps "rely...
Feb 27, 2015 | 3:27 PM
Asian stock markets lackluster after Wall Street decline
BEIJING (AP) — Asian stocks were lackluster Friday after U.S. markets drifted lower and Japan reported faster growth in factory output but weaker retail sales. Industrial output in the world's third-largest economy jumped by 4 percent month-on-...
Feb 27, 2015 | 2:27 PM
UnitedHealth tightens rules covering hysterectomies
The company says it will require health care professionals and facilities and providers to notify it in advance if they plan to perform some types of hysterectomies. Hysterectomy is the surgical removal of the uterus, and the procedure is used as a...
Feb 27, 2015 | 2:27 PM
'House of Cards' dealt Netflix a winning hand
Producing that much original content would have seemed like a long shot before "House of Cards" first established Netflix as more than a convenient and cheap way to watch recycled TV series and movies previously released on DVD. Many analysts now...
Feb 27, 2015 | 2:27 PM
AmEx adds perks to popular charge card, but increases fee
NEW YORK (AP) — American Express will increase the annual fee on some of its most popular charge cards, the company said Thursday, but the company also increased some of those cards' benefits as well. To add to the bad news, a judge ruled last week...
Feb 27, 2015 | 1:27 PM
As tastes change, big food makers try hipster guises
The stealth efforts reflect the pressures on the country's biggest food makers, which are contending with the surging popularity of smaller brands that position themselves as decidedly less corporate. Unlike Pepsi cola — which has suffered sales...
Feb 27, 2015 | 12:27 PM
Business Highlights
WASHINGTON (AP) — Internet activists declared victory over the nation's big cable companies Thursday, after the Federal Communications Commission voted to impose the toughest rules yet on broadband service to prevent companies like Comcast, Verizon...
Feb 27, 2015 | 12:27 PM
JC Penney shares slide after 4Q miss
PLANO, Texas (AP) — Shares of J.C Penney tumbled Thursday after the struggling retailer posted a surprise loss for the holiday quarter, despite improving sales trends. The company, which is trying to recover from a disastrous reinvention push by...
Feb 27, 2015 | 12:27 PM