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Business News
Sales and profit rise for Dutch electronics giant Philips
AMSTERDAM (AP) -- Dutch electronics giant Philips says its fourth quarter sales rose 3 percent to 7.2 billion euros ($7.7 billion) from the same period a year ago, driven by a strong performance in its health technology operations....
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Scandinavian carrier SAS sells domestic airline to CityJet
COPENHAGEN, Denmark (AP) -- Scandinavian Airlines says it will sell Cimber, the Danish domestic airline it acquired in February 2015, to Irish regional airline CityJet....
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Push to save Pacific Rim trade deal after US exits TPP pact
SYDNEY (AP) -- President Donald Trump's decision to pull out of the Trans-Pacific Partnership, as promised, is prompting other member countries to seek ways to salvage the trade pact....
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How a Trump tariff could sideswipe US auto industry
DETROIT (AP) -- The threat from President Donald Trump to tax Mexican-made cars sold in the U.S. would throw the industry into disarray, analysts say, forcing some uncomfortable choices: Raise car prices or swallow the cost. Stop selling Mexican-made cars in the U.S. but risk losing customers. Move production to the U.S. but make less money....
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Samsung's earnings more than double on record chip profits
SEOUL, South Korea (AP) -- Samsung Electronics said Tuesday that its fourth-quarter profit more than doubled over a year earlier thanks to record-high earnings from its brisk memory chip business and strong smartphone sales despite costly Galaxy Note 7 recalls....
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