ON AIR NOW

Coast to Coast

9:00pm - 12:00am

Contact
Business News


Earnings season begins in earnest this week, with profits in a real decline for the first time in six years. Big players to report include JPMorgan, American Express, Intel, and Johnson & Johnson. (CNBC)

The World Bank trimmed its 2015-2016 growth forecast for developing East Asia, citing a continued slowdown China, where exports surprisingly tumbled in March ahead of first quarter growth figures due on Wednesday. Chinese exports tumbled 14.6% from the year-ago. (CNBC)

Sears has struck a 50/50 joint venture with Simon Property Group designed to unlock the real estate value in the 10 properties the retailer will contribute. This follows a similar deal with another mall operator, General Growth Properties, earlier this month. Sears is struggling to survive after three years of big losses. (WSJ)

In the online world of media piracy can have a big impact. Game of Thrones is already the most pirated television show in 2015, research shows, as new episodes were leaked over the weekend ahead of Sunday's official fifth season debut on Time Warner's HBO. (CNBC)

The S&P 500 is down 2 and the NASDAQ is up 2.

In the oil patch there are tentative signs of demand improving and rig counts fell to the lowest level since 2010. On the other hand U.S. inventories are swelling and Saudi Arabian output marked a record high last month. Oil is up 76 cents at $52.48 a barrel. (Reuters)
 

Hide Comments

News
Traffic

 

 

  • Purcell Bridge traffic with lane closures, complete closures at times (10/18-5/1)

 

KBND ON FACEBOOK
 
FOLLOW US ON TWITTER