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Business News
Norfolk Southern railroad 1Q profit falls 18 pct
OMAHA, Neb. (AP) -- Norfolk Southern's first-quarter profit fell 18 percent as severe winter weather slowed the railroad's shipments and coal revenue dropped 15 percent....
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China, US data keep a lid on global stocks
LONDON (AP) -- Lackluster economic data out of China and the U.S. offset a string of positive developments in Europe to keep a lid on global stock markets on Wednesday following a strong run, particularly on Wall Street....
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Gannett 1Q net profit falls 43 pct
MCLEAN, Va. (AP) -- Gannett Co. said Wednesday that its first-quarter net profit dropped 43 percent, pulled down by restructuring costs, but its adjusted profit managed to beat Wall Street predictions by a penny....
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Textron eliminating 750 Cessna, Beechcraft jobs
NEW YORK (AP) -- Just over a month after buying Beechcraft for $1.4 billion, Textron announced 750 job cuts at that company and at its Cessna division....
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Gay business owners still face challenges
NEW YORK (AP) -- It happens a few times a year: A customer refuses to work with Dave Greenbaum because he's gay....
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