Business Wire Archives
January 22, 2018 | 83° | Check Traffic

Business Wire


Solar industry on edge as Trump weighs tariffs on panels

Solar energy is booming in the United States, but companies riding the wave fear that President Donald Trump could undercut them this week if he decides to impose new tariffs on imported solar panels. Read More

United Airlines saves 170K gallons of fuel using lighter paper for inflight magazine

What difference can an ounce make on an airplane? If you are United Airlines, with 4,500 flights a day, an ounce can add up. The Chicago-based carrier said it recently began printing its inflight magazine on lighter paper; it has also switched to lighter paper on its seatback service guides. The slight weight reduction is saving 170,000 gallons of fuel a year, or $290,000 in annual fuel costs. Read More

Delta to require more info about service animals before boarding

Updated on  January 19, 2018 at 8:16 pm
Delta Air Lines will soon require owners of service and support animals to provide more information before their animal can fly in the passenger cabin, including an assurance that it’s trained to behave itself. Read More

Emirates offers A380 a lifeline, signing $16B deal with Airbus

The Dubai-based airline Emirates threw a lifeline Thursday to the A380, the world’s largest passenger aircraft, putting in a $16 billion order for up to 36 of the planes to be delivered starting from 2020. The agreement, which includes a firm commitment to buy 20 aircraft and an option for 16 more, comes just days after Airbus said it would end production of the A380 if it did not receive more orders. Read More

Amazon looks to advertising to become profitable

For more than two decades, Jeff Bezos has famously sacrificed profit for growth, persuading Wall Street that Inc. was best served pouring money into the logistical nuts and bolts that have turned his company into the Wal-Mart of the web. Now along comes a business that could generate consistent and healthy returns: It’s called advertising. Read More

American Express posts $1.2B loss due to new tax law

Updated on  January 18, 2018 at 12:05 pm
Credit card company American Express is reporting it lost $1.2 billion in the fourth quarter, as the company booked large one-time charges related to the new tax law. Read More

Dow closes above 26,000 points for first time

Updated on  January 17, 2018 at 11:25 am
U.S. stocks rose to fresh highs as companies continued to indicate the tax overhaul will boost earnings this year. Treasuries fell with gold and the dollar climbed on speculation Congress will avert a government shutdown. Read More