BusinessLatest Business and Company Updates
EU plans to relax rules on airlines' transatlantic wet leasing deals
By Julia Fioretti | BRUSSELS BRUSSELS The European Commission wants to scrap restrictions placed on EU airlines leasing planes and crew from U.S. carriers, to resolve a long-standing dispute between the
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S&P, Nasdaq end lower with tech; Dow up
NEW YORK A sharp decline in technology stocks pulled both the Nasdaq and the S&P 500 indexes into the red on Thursday, while gains in bank and energy shares helped push the Dow to a record high close.Based on the
Nike's revenue beats estimates
Nike Inc (NKE.N), the world's No. 1 footwear maker, reported better-than-expected quarterly revenue, helped by higher demand from Western Europe, Greater China and emerging markets. The company's shares were up 4 percent at $53.89 in after-market trading on Tuesday. Nike's
Retail stock rally leaves few bargains for investors
By Noel Randewich | SAN FRANCISCO SAN FRANCISCO Wall Street expects consumers to open their wallets a little wider this holiday