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Business & Technology

Eastman Chemical 1Q profit more than doubles, shares climb

April 29th, 2011 5:03 am by Staff Report

According to the Wall Street Journal Eastman Chemical Co.'s doubling of first-quarter earnings pushed the bottom line well above its upbeat predictions, as the company's revenue growth also beat the consensus estimate.Shares were up 8.8% at $112 after ho

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Business & Technology

Somewhat sheepishly, Exxon makes $11 billion

April 29th, 2011 4:56 am by Associated Press

NEW YORK (AP) Exxon made almost $11 billion and practically apologized for it.

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Business & Technology

Economy hits speed bumps as growth slows, jobless claims rise

April 29th, 2011 4:54 am by Associated Press

WASHINGTON Two new snapshots of the economy, one showing a sharp slowdown in first-quarter economic output and the other a surge in weekly unemployment claims, underscored the fragility of the recovery, its vulnerability to global shocks and the still-lo

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