RSS Feed

News Tribune Financial

Oreo-maker latest ‘Big Food’ company targeted for shakeup

The maker of Oreo cookies may again be the target for a shakeup as “Big Food” companies scramble to transform amid changing tastes.

Tease photo

Tax filing problems could jeopardize health law aid for 1.8M

About 1.8 million households that got financial help for health insurance under President Barack Obama’s law now have issues with their tax returns that could jeopardize their subsidies next year.

Prosecutor: Texas AG indicted for felony securities fraud

A grand jury has indicted Texas Attorney General Ken Paxton on felony securities fraud charges that accuse the Republican of misleading investors before he took over as the state's top law enforcement officer, a special prosecutor said Saturday.

Verizon workers to stay on job without new contract

Unions representing Verizon workers in nine states say their members will work without a contract as more negotiations are scheduled with the wireless carrier.

US stocks end lower as energy stocks slump on earnings

Stocks closed modestly lower Friday as oil titans Exxon Mobil and Chevron led a slump in energy stocks.

US economy posts solid 2.3 percent growth rate in Q2

The U.S. economy posted a solid rebound in the April-June quarter after a harsh winter, led by a surge in consumer spending and a recovery in foreign trade that bode well for the rest of the year.

Stocks end higher after Fed keeps interest rates unchanged

U.S. stocks rose on Wednesday after Federal Reserve policymakers voted to keep interest rates unchanged and gave no indication that a rate rise was imminent. A modest rebound in Chinese stocks also helped push the market higher.

Fed holds steady on rates, seeks further economic gains

The Federal Reserve appears on track to raise interest rates later this year but signaled Wednesday it wants to see further economic gains and higher inflation before doing so.

Stocks fall for 3rd straight day

Investors have been second-guessing the strength of company results this week and they found more reasons to do so on Thursday.

As sales fall in US, McDonald’s eyes variety of changes

McDonald’s is looking at variety of changes to win back customers in the U.S.: A new value message to replace the Dollar Menu, breakfast all day, and nips and tucks to improve the taste of its burgers.

Coca-Cola: Diet Coke still struggling in US

Coca-Cola says sales of Diet Coke are still sliding as people continue gravitating toward foods they feel are fresh.

Technology shares lead a slump in US stocks

U.S. stocks notched their second decline in as many days Wednesday, pulled down by a technology stock slump headlined by Apple and Microsoft.

Dozens of expired tax breaks would get renewed under bill

Businesses big and small would get to keep claiming dozens of tax breaks that expired at the start of the year under a bill that overwhelmingly passed the Senate Finance Committee Tuesday.

Greek banks to reopen after cash pledge

Greece on Thursday won vital pledges of support from bailout lenders needed to keep its economy from collapsing, but officials in Athens said the painful austerity measures demanded in return were likely to force an election within months.

Michigan: Ban heavy oil from Straits of Mackinac pipeline

Heavy crude oil will be banned from a pipeline that runs under a scenic waterway where Lakes Huron and Michigan meet, officials said Tuesday, adding they’ll also require independent analyses of future alternatives to the pipelines and worst-case consequences of a spill.