Business News

Workers at an Amazon Go store, currently open only to Amazon employees, are seen through an exterior window as they make sandwiches inside, Thursday, April 27, 2017, in Seattle. Amazon.com Inc. reported a first-quarter profit of $724 million. The Seattle-based company said it had profit of $1.48 per share, topping Wall Street expectations. Amazon Go shops are convenience stores that don't use cashiers or checkout lines, but use a tracking system that of sensors, algorithms, and cameras to determine what a customer has bought. (AP Photo/Elaine Thompson)
April 27, 2017 - 4:23 pm
NEW YORK (AP) — Is the online giant of retail also looking to conquer physical stores? Amazon has been dabbling in physical retail since 2015, during which time it's opened a half-dozen bookstores that double as gadget emporia, a score of campus bookstores that don't sell books and a convenience...
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This Thursday, Jan. 12, 2017, photo shows the sign in the window of a Starbucks in Pittsburgh. Starbucks Corp. reports financial results, Thursday, April 27, 2017. (AP Photo/Gene J. Puskar)
April 27, 2017 - 3:44 pm
NEW YORK (AP) — Starbucks says a key sales figure rose 3 percent in the U.S., but that the increase was the result of higher average spending and that customer transactions were down. The coffee chain attributed the decline to a change in its loyalty program that led to people no longer splitting...
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FILE - In this Thursday, June 2, 2016 file photo, United Airlines CEO Oscar Munoz delivers remarks in New York. United Airlines said Friday, April 21, 2017, that its CEO Munoz won't add the title of chairman in 2018 as planned, as fallout continues from the violent removal of a passenger from a plane this month. (AP Photo/Richard Drew, File)
April 27, 2017 - 3:43 pm
CHICAGO (AP) — The passenger who was dragged off a United flight after he refused to give up his seat to airline employees settled with the airline for an undisclosed sum Thursday in an apparent attempt by the company to put the fiasco behind it as quickly as possible. David Dao's legal team said...
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In this file photo taken Dec. 11, 2015 at the Baltic port of Swinoujscie, Poland, the giant liquefied natural gas tanker Al Nuaman, carrying some 200,000 cubic meters of liquefied gas from Qatar, arrives in Swonoujscie, the first delivery to the freshly-built LNG terminal, as Poland seeks to cut its dependence on gas deliveries from Russia. Poland's officials said Thursday, April 27, 2017, the country has just signed its first purchase of LNG from a U.S. supplier. (AP Photo/ Lukasz Szelemej, file)
April 27, 2017 - 2:56 pm
WARSAW, Poland (AP) — Poland has signed its first deal to purchase liquefied natural gas from a U.S. supplier, a step that will help the country's efforts to cut its dependence on deliveries from Russia, officials said Thursday. The head of Polish gas giant PGNiG, Piotr Wozniak, called it a "...
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April 27, 2017 - 2:55 pm
NEW YORK (AP) — To understand taxes, you have to think about geography. Don't worry, this will make sense eventually. The U.S. has high corporate taxes compared with other developed countries. That means companies that make most of their money inside the U.S. pay more in taxes than companies that...
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FILE - In this Feb. 21, 2017, file photo, Environmental Protection Agency (EPA) Administrator Scott Pruitt speaks to employees of the EPA in Washington. Sen. Sheldon Whitehouse filed an ethics complaint on April 25 against EPA Administrator Scott Pruitt over a planned May 5 appearance as the keynote speaker at the Oklahoma Republican Party's annual gala dinner. The Rhode Island Democrat says that would violate the Hatch Act, which limits the political activities of executive branch employees. (AP Photo/Susan Walsh, File)
April 27, 2017 - 2:49 pm
WASHINGTON (AP) — The Environmental Protection Agency chief on Thursday pulled out of a Republican fundraiser after a Democratic senator raised ethics concerns. A spokesman for EPA Administrator Scott Pruitt announced he would not be attending next week's Oklahoma Republican Party gala. Pruitt, who...
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April 27, 2017 - 2:46 pm
MITCHELL, S.D. (AP) — A South Dakota man who claims to have found a mouse in a can of soda is suing Coca-Cola Co., saying he missed 60 hours of work and accumulated $1,000 in medical bills after becoming ill. In court documents, attorneys for Coca-Cola Co. disputed that there was proof that the...
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April 27, 2017 - 2:45 pm
HOUSTON (AP) _ British oil company BP has discovered 200 million barrels of oil in a hidden cache in the Gulf of Mexico thanks to advanced imaging of geological formations. The Houston Chronicle reports the oil reserve about 150 miles from New Orleans is potentially worth $2 billion in recoverable...
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FILE - This Jan. 4, 2010, file photo shows an historic marker on Wall Street in New York. On Thursday, April 27, 2017, global stocks were subdued as investors assessed the scant details of President Donald Trump's U.S. tax overhaul. (AP Photo/Mark Lennihan, File)
April 27, 2017 - 2:14 pm
NEW YORK (AP) — U.S. stock indexes flittered up and down Thursday, as a slump in energy stocks partly offset advances by Under Armour, PayPal and other companies reporting stronger-than-expected profits. It's the second straight day where indexes have made modest, meandering moves, following two...
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April 27, 2017 - 2:11 pm
WASHINGTON (AP) — The Environmental Protection Agency chief has pulled out of a Republican fundraiser after a Democratic senator raised ethics concerns. A spokesman for EPA Administrator Scott Pruitt said Thursday he would not be attending this weekend's Oklahoma Republican Party gala. Pruitt is...
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