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Whirlpool profit beats estimates on higher prices, cost cuts

Whirlpool Corp beat analysts' estimates for quarterly earnings and forecast 2020 profit largely above expectations on Monday, as the appliances makeRead More



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Reuters: Business News

Asian funds seek a sheltered shore in U.S. New! 2020-02-20 23:52:28Asian shares were under water on Friday as fears over the creeping spread of the coronavirus sent funds fleeing to the sheltered shores of U.S. assets

Oil falls as coronavirus spread beyond China heightens New! 2020-02-20 23:08:18Oil prices fell on Friday amid concerns over fuel demand as the coronavirus epidemic spread further beyond China, while major crude producers stood pa

Telus says 5,000 jobs at risk if forced New! 2020-02-20 21:35:34Telus Corp could cut 5,000 jobs and C$1 billion in investments over the next five years if the Canadian telecom operator is forced to slash prices by

Airbus investing up to 1 billion euros in New! 2020-02-20 21:19:18Airbus SE plans to invest between 500 million euros and 1 billion euros ($539 million-$1.08 billion) this year on its A220 passenger jet program, Ch

Morgan Stanley's Gorman charts ambitious course with $13 New! 2020-02-20 20:17:16Morgan Stanley said on Thursday it would buy discount brokerage E*Trade Financial Corp in a stock deal worth about $13 billion, the biggest acquisitio

Branson targets younger cruise crowd with DJs, tattoos New! 2020-02-20 20:00:25British entrepreneur Richard Branson will unveil the "Scarlet Lady" on Friday, a 60,000 tonne cruise liner complete with a tattoo studio and yoga de

T-Mobile, Sprint amend merger terms, SoftBank takes a New! 2020-02-20 19:21:33T-Mobile US and Sprint Corp said on Thursday that they had agreed on new merger terms that would reduce the stake of major Sprint shareholder SoftBa

New Mexico AG sues Google for collecting school New! 2020-02-20 19:19:30New Mexico Attorney General Hector Balderas on Thursday sued Alphabet Inc's Google search engine, alleging that its educational software collects yo

Outbreak will not change China's commitments to buy New! 2020-02-20 18:34:46The U.S. government expects China to honor its commitments to buy more U.S. goods under a trade deal signed by the world's two largest economies in J

Dropbox shares rise after upbeat results, share buyback New! 2020-02-20 18:25:55Dropbox Inc on Thursday reported a better-than-expected quarterly profit, raised its outlook for operating margin and announced a $600 million share b

Wall St. eases, led by tech decline on New! 2020-02-20 18:21:58U.S. stocks fell on Thursday, led by declines in technology heavyweights, after reports of new coronavirus cases in China and other countries intensif

Dollar slams yen and safe-haven status, gold gains New! 2020-02-20 16:44:48The rally in U.S. equities took a pause and the strong dollar got stronger on Thursday, rising to a three-year high against a basket of trading partne

BBC News - Business

GM scraps historic Holden car brand in Australia 2020-02-16 22:45:43The move comes as the US car giant retreats from more markets as it focuses on more profitable countries

Japan's economy shrinks at fastest rate since 2014 2020-02-16 20:56:26The world's third largest economy was hit by a sales tax rise, a destructive typhoon and weak global demand.

Crossing Divides: The 'youngsters' gaining respect at work 2020-02-16 19:04:39A demand for social media skills is bringing younger people into the workplace, but this can create friction.

Coronavirus: Bicester Village 'having a tough time' 2020-02-16 19:03:59Spending by visitors from China in the UK stood at £714m in September 2019.

Heathrow Airport apologises for IT failure disruption 2020-02-16 18:00:15The airport says the "technical issues" have been resolved and "systems are returning to normal".

Tesla: German court halts work on new 'Gigafactory' 2020-02-16 14:28:14Environmentalists win a temporary injunction against forest clearance for a new "Gigafactory".

Grant Shapps: Government 'not involved' in China-HS2 talks 2020-02-16 06:58:21The transport secretary's remarks follow reports that China offered to build the line in five years.

Flood defences in England get 1% of infrastructure 2020-02-15 19:54:08Nearly £5bn is due to be spent on flood defences in England up until 2026, government figures show.

Mark Zuckerberg: Facebook boss urges tighter regulation 2020-02-15 18:28:51Mark Zuckerberg says social media firms should not decide what counts as legitimate free speech.

Washington increases tariffs on aircraft after EU subsidy 2020-02-15 09:44:07Most other tariffs on EU exports to the US, including salmon and blended Scotch whisky, are being retained.

Will Vodafone hang up on its business in 2020-02-14 20:01:37A ruling by the Supreme Court could signal the end of the road for the UK telecoms giant in the country.

Pregnant actresses: 'We're not treated like people' 2020-02-14 17:37:27The way some actresses are treated is straight out of "the dark ages", says the Equality Commission.


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