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Business News
UnitedHealth's 1Q profit tumbles 8 percent
UnitedHealth Group's first-quarter net income slid 8 percent as funding cuts to a key product and costs imposed by the health care overhaul dented the health insurer's performance....
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PepsiCo's profit rises on snack sales, price hikes
NEW YORK (AP) -- PepsiCo reported a stronger-than-expected quarterly profit as the company sold more snacks around the world and hiked prices, including on its drinks....
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Travelocity owner Sabre rises 3 percent in IPO
SOUTHLAKE, Texas (AP) -- Shares of Sabre Corp. rose over 3 percent in their stock market debut Thursday after an initial public offering that valued the travel software company at more than $3.9 billion....
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Chipotle sales surge as it draws more customers
NEW YORK (AP) -- Mexican food chain Chipotle reported a higher quarterly profit Thursday as more customers flocked to its restaurants for burritos, bowls and tacos....
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Average US 30-year mortgage rate falls to 4.27 pct
WASHINGTON (AP) -- Average U.S. rates on fixed mortgages fell this week for the second straight week as the spring home-buying season begins....
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