WASHINGTON - The chief executive of Delta Air Lines told a United States senator on Tuesday there is no merger agreement yet with Northwest Airlines, but the two sides are continuing to work toward a deal.
SAN FRANCISCO - Hewlett-Packard Co on Tuesday issued a quarterly earnings report and forecast ahead of Wall Street targets as it cut costs and sold more PCs and server computers, sending its stock up 5 percent.
WASHINGTON - The chief executive of Delta Air Lines told a United States senator on Tuesday there is no merger agreement yet with Northwest Airlines , but the two sides are continuing to work toward a deal.
NEW YORK - Stocks fell on Tuesday as crude oil prices rose to a record above $100 a barrel, erasing an earlier rally on concern that higher energy costs could fan inflation and crimp consumer spending and profits.
NEW YORK - Oil surged nearly 5 percent on Tuesday to hit a record over $100 a barrel on expectations OPEC will not hike output to ease high prices next month despite the economic woes of top consumer the United States.
NEW YORK - AT&T Inc , Verizon Wireless and Deutsche Telekom’s T-Mobile USA on Tuesday announced flat rate plans for unlimited calls in the United States, raising investor concerns that a price war could break out and sending shares lower.
WASHINGTON - United States growth will be tepid until mid-year but should get a one-two punch from tax rebates and lower interest rates to boost the economy, Commerce Secretary Carlos Gutierrez predicted on Tuesday.
NEW YORK - Home-constructer sentiment improved unexpectedly in February as prospective purchaseers showed more interest, but the gauge remained near historic lows, the National Association of Home Builders has said on Tuesday.