Troy Reinhart

ON AIR NOW

Troy Reinhart

10:00am - 12:00pm

Contact
Business News


Markets slipped into a down mood yesterday afternoon as the US Congress stumbled and bumbled toward the debt ceiling limit of tomorrow.  Heaping on to the foul mood was an announcement after the bell that the credit rating agency Fitch put US debt on a negative outlook for a possible downgraded. (Fox Business News)

There were no surprises yesterday as Intel released their third quarter profits.  Sales increased 0.2% from last year and profits increased 22% over last year.  The company was able to increase margins by 62% year-over-year.  (Zacks)

Bank of America beat the street in Q3.  Sales increased 6% helped by favorable credit conditions. Profits came in at 20 cents per share up from essentially zero last.  They were upbeat about the future. (Associated Press)

PepsiCo, parent company of Pepsi, Frito-Lay and Tropicana juice, posted profits of $1.91 billion up 1% from last year.  The company was able to increase prices an average of 3% during the last quarter. (Reuters)
 

Help Puerto Rico

Most organizations are asking for cash, rather than supplies, so they can route help to where it’s needed most more quickly. Here are some of the largest groups with campaigns underway:

 

Traffic

 

 

  • Click on the link for the latest conditions on the mountain passes.

 

  • Intersection of NW Broadway Street and NW Delaware for waterline replacement project, road closures with detours clearly marked for thru traffic, 7 a.m. – 4 p.m. daily with roads opened nightly. Motorists are encouraged to avoid this area and use Bond Street and Wall Street.

 

  • Nels Anderson Road between Nels Anderson Place and Brandis Court, single northbound shoulder closure will be in effect, two-way traffic to be maintained. Project completion expected December 2017.