Daily Intel

Biotech drugmaker Amgen laying off at least 2,400
The maker of Prolia for osteoporosis and anemia treatment Aranesp said it's restructuring to free up money needed for investments in the business, particularly marketing and other costs for launching new drugs. Amgen is awaiting U.S. approval for...
Jul 30, 2014 | 11:30 AM
American Express 2Q profit rises 9 percent
American Express Co.'s net income grew 9 percent in the second quarter, as spending by cardholders increased and the credit card issuer set aside less money to cover potential credit losses. American Express cardholders tend to be more affluent...
Jul 30, 2014 | 10:30 AM
McDonald's could be liable for labor practices
Heather Smedstad, senior vice president of human resources for McDonald's USA, said in a phone interview that the company has never been determined to be a joint employer in the past and that it would fight the decision by the labor board. In March...
Jul 30, 2014 | 10:30 AM
JPMorgan paying $650K to settle CFTC charges
JPMorgan Chase will pay $650,000 to settle charges by federal regulators that it filed inaccurate reports on the trading positions of some of its large customers.
Jul 30, 2014 | 8:30 AM
Europe shares drift ahead of data; Asia gains
World markets were mostly higher Wednesday ahead of U.S. economic data while cheery earnings from major Japanese companies such as Honda Motor Co. boosted Asian stocks.
Jul 30, 2014 | 8:30 AM
Airbus expects stable revenue despite order loss
European aerospace company Airbus says it expects its revenue to remain stable this year despite a big cancellation recently for some of its large A350 planes.
Jul 30, 2014 | 8:30 AM
Growth slows for local home prices
The average price of existing single-family homes sold in King, Snohomish and Pierce counties was up 1.4 percent from April, a month in which the average price gained 2.3 percent over March.
Jul 30, 2014 | 8:30 AM
New Audi offers glimpse of cars' 4G future
The speed of new technology can be dizzying, especially when it’s flying down the highway and streaming movies, games and music all at once.%%%b1a89322a474b65ec13d61d9df4c7630%%%
Jul 30, 2014 | 8:30 AM
Twitter 2Q results soar, stock flies high
The little blue bird is flying high. Stronger-than-expected financial results pushed Twitter's stock sharply higher on Tuesday after the short messaging service said its revenue more than doubled in the second quarter.
Jul 30, 2014 | 8:30 AM
Paccar’s 2Q profit climbs nearly 9.5%
The Bellevue truck maker said the results reflect improving truck sales in the U.S. and Canada, and strong aftermarket parts and financial-services worldwide.
Jul 30, 2014 | 8:30 AM