SeaWorld raises $702M from initial public offering
NEW YORK -- SeaWorld, the owner of theme parks famous for water shows featuring killer whales and dolphins, has raised $702 million from its initial public offering.
Business News
GE earnings rise in 1Q on NBC sale
UNDATED -- GE says net income rose 16 percent in the first quarter, helped by improved profit from selling aircraft engines and transportation equipment and a gain from its sale of NBC...
US unemployment aid applications rise to 352K
WASHINGTON -- The number of Americans seeking unemployment benefits increased just 4,000 last week to a seasonally adjusted 352,000. The slight gain kept applications at a level consistent with solid hiring and suggests March's sluggish hiring may be temporary.
Yahoo adds 2 more applications to mobile arsenal
SAN FRANCISCO -- Yahoo is taking the next step in its effort to make some of its most popular services more appealing and accessible to the growing audience connecting to the Internet on smartphones and tablets.
Verizon rakes in wireless fees in 1Q
NEW YORK -- Verizon says its profit rose 16 percent in the latest quarter as revenue from wireless service kept rising at a rate that's the envy of the industry.
Futures move higher on improved earnings
NEW YORK -- U.S. stock futures rose Thursday as the government released its latest jobs report and U.S. corporations continued to post strong quarterly earnings.
GM says diesel Chevrolet Cruze gets 46 mpg
DETROIT -- General Motors Co. says the new diesel version of the Chevrolet Cruze gets 46 miles per gallon on the highway, making it more efficient than some hybrids.
Philip Morris Int'l 1Q profit falls nearly 2 pct
RICHMOND, Va. -- Cigarette maker Philip Morris International Inc. says its first-quarter profit fell nearly 2 percent because of a decline in the number of cigarettes it sold.
PepsiCo profit drops 5 pct; adjusted net tops St.
PURCHASE, N.Y. -- PepsiCo's first-quarter profit fell 5 percent, but higher prices lifted the soda and snack maker's sales.
Ethiopian Airlines readies grounded 787 for flight
ADDIS ABABA, Ethiopia -- The chief executive of Ethiopian Airlines says it is seeking approval from America's Federal Aviation Administration and from Boeing to put its grounded Boeing 787s back into service.
Twitter introduces ads targeted at words in tweets
NEW YORK -- Twitter is introducing a feature that lets advertisers target ads based on words that appear in users' tweets.
Provo, Utah, next city for ultra-fast Google Fiber
SALT LAKE CITY -- Google says it will take over a troubled municipal fiber-optic system and make Provo, Utah, the third city to get its high-speed Internet service via fiber-optic cables.
Microsoft offers security enhancement for sign-ins
NEW YORK -- Microsoft is offering enhanced security for email, storage and other services.
Testimony ends for 1st phase of BP oil spill trial
NEW ORLEANS -- Testimony concluded Wednesday for the first phase of a high-stakes trial over the deadly 2010 rig explosion that led to the nation's worst offshore oil spill, but the presiding judge didn't immediately rule in the case.
FDA panel backs inhaler drug for lung disease
WASHINGTON -- A panel of respiratory experts voted Wednesday in favor of approving an experimental inhaler drug from GlaxoSmithKline and Theravance for treating chronic lung disease.
EBay 1Q earnings grow but fall shy of expectations
NEW YORK -- EBay grew its earnings and revenue in the first quarter thanks to growth in its PayPal business and its e-commerce sites. But the results fell shy of Wall Street's expectations, causing investors to send the company's stock lower in after-hours trading.
Mattel 1Q profit rises, Monster High sales climb
EL SEGUNDO, Calif. -- Mattel's first-quarter net income more than quadrupled, as sales of Monster High and American Girl products rose.
American Airlines resumes most flights
DALLAS -- American Airlines resumed most flights Wednesday, a day after a massive technology failure forced the nation's third-largest carrier to ground all planes from coast to coast.
Budweiser introducing bowtie-shaped can
ST. LOUIS -- Anheuser-Busch is introducing a new, bowtie-shaped beer can that mirrors its iconic Budweiser logo.
Google mail and other services 'disrupted'
NEW YORK -- Google's mail and application services are unavailable to some users.
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