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United Airlines appears to be hitting its stride after struggling to make a 2010 merger pay off. The airline’s formula is lower fuel prices and more revenue for every mile that passengers fly.
More passengers and lower fuel prices are pushing Southwest Airlines to record profits, and the airline expects an even bigger break at the gas pump this winter.
Caterpillar Inc. reported a profit of $1.02 billion on revenue of $13.35 billion in the quarter.
Big profits from rising SUV and truck sales in North America helped General Motors nearly double its third-quarter net profit and more than offset its struggles in Europe and South America.
American Airlines Group Inc. said it earned $942 million on revenue of $11.14 billion.
Stocks fell broadly on Wednesday, snapping a four-day winning streak for the Standard & Poor’s 500 index, as investors shaken by recent swings in the market sold some of their holdings.
About 300 workers have ended their two-week strike at a Schneider Electric plant in northern Indiana after approving a new contract.
Robust demand for commercial jets and an increased pace of production helped Boeing earn $1.36 billion in the third quarter, up 18 percent from the same period last year.
U.S. consumer prices edged up slightly in September, with the overall increase held back by a third straight monthly decline in gasoline prices.
McDonald’s CEO Don Thompson said Tuesday the company hasn’t been keeping up with the times and that changes are in store for its U.S. restaurants.
Staples is looking into a potential credit card data breach and has been in touch with law enforcement officials about the issue.
Verizon Communications Inc. on Tuesday reported earnings of $3.7 billion in its third quarter.
American Airlines and US Airways say they have finished combining their cargo operations.
U.S. stocks closed with modest gains Monday after last week’s turbulence. All three main stock indexes ended higher.
The nation’s largest natural and organic chain on Monday announced plans to roll out its first national advertising campaign. The move comes at a time when the chain is facing slowing growth and increasing competition from the likes of Safeway and Walmart, even as its stock has fallen.