Business Headlines

Exxon profit surges, production slips

Posted: 07/31/2014 - Exxon Mobil Corp. net income rose 28 percent in the second quarter on a sale of Asian assets and higher oil prices, but oil and gas production slipped 6 percent, disappointing analysts.

Toyota is on top

Posted: 07/31/2014 - The numbers are in, and Toyota remains the world's largest automaker this year, so far.
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FAA proposes to fine Southwest Airlines $12M

Posted: 07/28/2014 - The Federal Aviation Administration said Monday it is proposing a $12 million civil fine against Southwest Airlines for failing to comply with safety regulations related to repairs on Boeing 737 jetliners.

Dollar Tree buying Family Dollar for $8.5 billion

Updated: 07/28/2014 - Stockholders of Family Dollar Stores will receive $59.60 in cash and the equivalent of $14.90 in shares of Dollar Tree for each share they own. The companies put the value of the transaction at $74.50 per share.
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