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Business News
Visa posts higher 3Q profit, revenue
FOSTER CITY, Calif. (AP) -- Visa Inc. said Thursday that its profit climbed 11 percent in its fiscal third quarter versus a year earlier, aided by solid growth in payments volume, service revenue and transactions....
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Bankrupt Energy Future to auction stake in Oncor
DALLAS (AP) -- Bankrupt power giant Energy Future Holdings terminated its restructuring agreement and announced plans to auction its stake in the profitable power transmission business Oncor Electric Delivery Co., according to a filing Thursday with the U.S. Securities and Exchange Commission....
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Starbucks US sales rise with help of revamped food
NEW YORK (AP) -- Starbucks said Thursday its revamped breakfast sandwiches and other food offerings helped boost sales at its U.S. cafes....
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FDA reviewing what could be first biosimilar drug
WASHINGTON, D.C. (AP) -- The Food and Drug Administration is reviewing research data on what could become the first U.S.-approved "biosimilar" drug, a cheaper, sort-of generic version of a biologic drug....
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Union Pacific 2Q profit chugs ahead 17 percent
OMAHA, Neb. (AP) -- Union Pacific Corp. said Thursday that its quarterly profit climbed 17 percent as the railroad hauled 8 percent more freight and raised shipping rates....
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