Airline profits rise in third quarter, but United misses
(Reuters) – Southwest Airlines and United Continental Holdings made more money in the third quarter as higher airfares bolstered revenue, capping a strong week of earnings for major U.S. airlines that bodes well for the current period.
Pimco’s Gross tells Icahn to leave Apple alone
(Reuters) – Bill Gross, the co-chief investment officer at $1.97 trillion bond manager Pimco, lambasted billionaire investor Carl Icahn on Thursday for his involvement in Apple Inc’s strategy, but he failed to elicit an equally biting response from the…
Royal Caribbean set for strong 2014 as Europe cruise demand rises
(Reuters) – Royal Caribbean Cruises Ltd reported strong bookings for 2014 as more vacationers opted for its Europe cruises, helping the world’s second-largest cruise operator take market share from Carnival Corp .
October car sales to show 8 percent rise: J.D. Power and LMC
DETROIT (Reuters) – The shutdown of the federal government put a crimp in U.S. auto sales in the first half of October, but new-vehicle purchases for the month will still rise 8 percent from a year ago, J.D. Power and LMC Automotive said on Thursday.
Qatar Airways “not interested” in Boeing 777X
DOHA (Reuters) – Qatar Airways is not interested in ordering Boeing’s proposed new 777X wide-body jet, its chief executive said on Thursday.
Bank of America eliminates up to 1,300 mortgage jobs
(Reuters) – Bank of America Corp said on Thursday that it was cutting 1,200 to 1,300 mortgage jobs because of declines in refinancing activity and an improvement in its portfolio of delinquent home loans.
Exclusive: RBS expected to name Morgan Stanley to lead Citizens IPO – sources
NEW YORK (Reuters) – British bank Royal Bank of Scotland is expected to name Morgan Stanley as the lead underwriter for a proposed initial public offering of its U.S. subsidiary, Citizens Financial Group Inc, according to people familiar with the matte…
Ford sees European profit by 2015 as overhaul picks up speed
DETROIT (Reuters) – Ford Motor Co boosted its full-year global profit outlook on Thursday as its European picture brightened and stronger overseas demand sparked better-than-expected third-quarter results.
JPMorgan may face federal sanctions over Madoff ties: NY Times
(Reuters) – JPMorgan Chase & Co may be forced to make a deal with federal authorities to avoid criminal prosecution over its handling of accounts of imprisoned swindler Bernie Madoff, The New York Times reported on Thursday.
U.S. hotel staffing company files for bankruptcy, seeks sale
(Reuters) – Hospitality Staffing Solutions Group LLC, which provides housekeeping personnel for hotels, filed for Chapter 11 bankruptcy on Thursday, three years after being acquired by private equity firm Frontenac Co.
