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  • Samsung Profit Jumps to Record High for Quarter

    July 27, 2017 2:13 AM 13

    Results position the company to top Apple in quarterly profits SEOUL—Samsung Electronics Co. delivered its biggest-ever quarter of profits, shrugging off a year of tumult by leaning on its dominance as a supplier of electronics components that even its rivals can’t do without. Samsung said net profit jumped to 11.05 trillion South Korean won ($9.9 billion)

  • U.K. to Ban Sale of Diesel, Gasoline Vehicles by 2040

    July 26, 2017 8:59 PM 8

    Shift toward electric vehicles in Britain follows similar announcement by France The U.K. said it would ban the sale of cars powered by traditional internal-combustion engines by 2040, joining other European regulators in a bold push toward populating roads with electric cars that remain unpopular in the mass market. The initiative, announced Wednesday

  • Where to Find a $35,000 Job—Without a Degree

    July 26, 2017 7:10 PM 8

    More than 30 million jobs that pay $35,000 a year or more are open to noncollege graduates At a time when politicians and pundits decry the end of middle-class jobs, it may come as a surprise that there are 30 million jobs paying more than $35,000 a year for U.S. workers without four-year college degrees. Now for the bad news: there are 75 million U.S. workers

  • U.S. Steel Names Former Terex Executive Kevin Bradley as CFO

    July 26, 2017 2:38 PM 18

    Move follows company’s David Burritt taking on the company’s chief executive post in May United States Steel Corp. said Wednesday that it named Kevin Bradley its chief financial officer, continuing a revamping of its leadership team following the appointment of a new chief executive in May. Mr. Bradley was previously chief financial officer of crane-maker

  • KarmaBox Vending expands healthy snack machines to Houston market

    July 26, 2017 12:00 PM 14

    Published 7:00 am, Wednesday, July 26, 2017 KarmaBox Vending, which offers healthy snack options and personal-care products, has expanded to the Tomball and Houston markets. KarmaBoxes, which are owned and operated by local entrepreneurs, sell items such as low-calorie beverages, coconut water, sport bars, turkey jerky, nuts and berries. They also offer

  • Boeing raises 2017 earnings forecast

    July 26, 2017 11:42 AM 24

    Boeing reported a quarterly profit compared with a loss a year ago when it booked a charge, and raised its full-year core profit forecast. The world's biggest maker of jetliners said it expects 2017 core earnings per share in a range of $9.80 to $10.00, up from its previous forecast of $9.20 to $9.40. Boeing earned $1.76 billion, or $2.89 per share

  • Fox Faces Lawsuit From Former Executive Accused of Sexual Assault

    July 26, 2017 3:33 AM 19

    Francisco Cortes says 21st Century Fox violated terms of settlement agreement A former Fox News executive who left the company after being accused of sexual assault and harassment by an on-air contributor has sued the channel’s parent, 21st Century Fox, alleging fraud and breach of contract. Francisco Cortes, a vice president at Fox News Latino, left the channel

  • The Boss Wants You Back in the Office

    July 25, 2017 10:22 PM 17

    Managers demand more collaboration and greater control over the workday, but bringing workers back isn’t easy Big businesses have embraced flexible work practices, but fewer of them seem to favor full-time working from home. International Business Machines Corp., Aetna Inc., Bank of America Corp., Best Buy Co., Honeywell International Inc. and Reddit

  • Chipotle Earnings Improve, But Customers Aren’t Flocking Back

    July 25, 2017 9:58 PM 15

    Fast-food chain contends with norovirus outbreak, viral video of rodents inside a restaurant Chipotle Mexican Grill Inc. offered mixed financial results on Tuesday, as it continues to struggle to bring back customers despite giving away food and airing its first national ad campaign. The second quarter results, which beat earnings expectations but missed

  • Caterpillar Boosts Outlook Signaling Cautious Optimism in Recovery

    July 25, 2017 9:38 PM 18

    Equipment sales grew in many of the manufacturing company’s construction markets Caterpillar Inc. on Tuesday signaled cautious optimism about the global economy as it offered fresh evidence that it was recovering in many of its markets from a yearslong sales slump. The world’s largest heavy-machinery maker, often seen as a bellwether for economic conditions