Business Stories from May 2, 2017 (Change date)
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The Latest: Airline execs trapped in congressional hearingMay 02, 2017 7:00 am - WASHINGTON (AP) - The Latest on a House hearing on customer service at U.S. airlines (all times local): 1 p.m. Some lawmakers - and frequent flyers - are acknowledging t...
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Aetna takes 1Q loss on failed Humana bid, ups 2017 forecastMay 02, 2017 7:00 am - Aetna booked a $381-million, first-quarter loss mainly due to its failed bid for rival Humana, but the nation's third largest health insurer still beat earnings expectat...
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Lawmakers to airlines: Improve service or Congress steps inMay 02, 2017 7:00 am - WASHINGTON (AP) - Frustrated Republicans and Democrats on Tuesday warned top airline executives to improve customer services or face congressional intervention after a p...
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Grain lower, livestock mixedMay 02, 2017 7:00 am - CHICAGO (AP) - Grain futures were lower Tuesday in early trading on the Chicago Board of Trade. Wheat for May delivery was 1 cent lower at $4.4160 a bushel; May corn was...
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ADM misses 1Q profit forecastsMay 02, 2017 7:00 am - CHICAGO (AP) - Archer Daniels Midland Co. (ADM) on Tuesday reported first-quarter earnings of $339 million. On a per-share basis, the Chicago-based company said it had n...
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Pfizer beats 1Q profit forecasts, but sales dip misses viewsMay 02, 2017 7:00 am - Pfizer beat Wall Street expectations for first-quarter profit thanks to reduced spending on operations and legal costs, along with strong sales of key new drugs and long...
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Etsy replaces CEO, cuts jobs amid shareholder pressureMay 02, 2017 7:00 am - BROOKLYN, N.Y. (AP) - Etsy Inc. is replacing its CEO and cutting jobs as it faces pressure from shareholders upset with its lackluster profits and anemic stock performan...
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Freddie Mac posts $2.2B net income in Q1; $2.2B dividendMay 02, 2017 7:00 am - WASHINGTON (AP) - Mortgage giant Freddie Mac is reporting net income of $2.2 billion for the first quarter, reversing a loss in the same period of 2016. The government-c...
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Arrests made as thousands rally in US for and against TrumpMay 02, 2017 7:00 am - SEATTLE (AP) - Tens of thousands across the country peacefully chanted, picketed and protested Monday against President Donald Trump's immigration and labor policies on ...
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CBS kept ratings winning ways last week, while Fox falteredMay 02, 2017 7:00 am - NEW YORK (AP) - It was another winning week for CBS, another week of struggle for Fox among prime-time viewers. CBS won with an average of 6.2 million viewers, claiming ...