WASHINGTON'S LEADING BUSINESS MAGAZINE

Daily Intel

Airlines begin digging out from storm in northeastern US
Lingering snow and subfreezing temperatures mean that travel delays in the Northeast will extend through Wednesday, even if the storm wasn't as bad as expected. By Tuesday afternoon, airlines had already canceled one-fourth of the flights that...
Jan 27, 2015 | 7:27 PM
Yahoo CEO heeds shareholders' call to spin off Alibaba stake
The highly anticipated decision announced Tuesday will enable Yahoo to avoid paying billions of dollars in future taxes while intensifying the pressure on Mayer to prove she can rejuvenate one of the Internet's oldest and best-known companies. The...
Jan 27, 2015 | 7:27 PM
American Airlines 4th-qtr profit gets lift from cheap fuel
FORT WORTH, Texas (AP) — American Airlines is logging record profits and rewarding shareholders just one year removed from bankruptcy court and a big merger. [...] amid a broader market sell-off, American's shares fell 5 percent — more than other...
Jan 27, 2015 | 7:27 PM
Amgen tops Street 4Q forecasts
Amgen Inc. cruised to a 27 percent jump in fourth-quarter profit and beat Wall Street expectations, due to higher sales of nearly all its medicines, tight cost controls and a tax benefit. The company also reaffirmed its October forecast for 2015...
Jan 27, 2015 | 7:27 PM
American Airlines interested in offering flights to Cuba
Delta Air Lines, United Airlines and JetBlue Airways have expressed interest since President Barack Obama announced last month that the U.S. would establish diplomatic relations and expand trade and tourism with Cuba. Licenses are no longer...
Jan 27, 2015 | 7:27 PM
US seeks $1.3 million fine for United Airlines over cargo
Most were for failing to give pilots accurate information about the weight, quantity and location on the plane of items such as lithium metal batteries, corrosive liquids and radioactive materials. The FAA said United had pledged to improve...
Jan 27, 2015 | 7:27 PM
Yahoo says it will spin off remaining stake in Alibaba, helping to reduce billions in taxes
SUNNYVALE, Calif. (AP) — Yahoo says it will spin off remaining stake in Alibaba, helping to reduce billions in taxes.
Jan 27, 2015 | 7:27 PM
American Express says it will start working in Cuba
NEW YORK (AP) — American Express Co. says it plans to start doing business in Cuba after the Obama administration lifted a ban on U.S. banks and credit card companies operating on the island.
Jan 27, 2015 | 7:27 PM
Jobless-rate moves in 2014: Colorado best, Louisiana worst
Across the country, changes in unemployment rates varied from state to state in 2014, but collectively the numbers pointed to a year of substantial improvement: The broad improvement shown in Tuesday's report from the Labor Department reflected a...
Jan 27, 2015 | 7:27 PM
US company outlooks worry investors, sending stocks lower
U.S. stocks slumped Tuesday after some of the market's largest companies reported disappointing earnings, taking investors on a turbulent ride that deepened the losses for the year. An unexpected drop in U.S. orders of long-lasting goods also...
Jan 27, 2015 | 7:27 PM