Analysis: More pressure on global wages could backfire

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Valero Tops Second-quarter Revenue Estimates, Shares RiseComments Off

Valero Energy Corp. said it earned $588 million, or $1.10 a share, in the second quarter, up from $466 million, or 85 cents a share, in the same period a year ago.

U.S. Equity Futures Higher Ahead of GDP DataComments Off

Futures rose as investors sought bargains after a weak period, looking to economic-growth data and comments from the Fed’s two-day meeting.

Sprint Shares Rise In Premarket Trade After Swinging To ProfitComments Off

Shares of Sprint rose 1.9% in premarket trade after the telecommunications company swung to a profit in the second quarter, as the pace of subscriber losses slowed.

Member of ‘swatting’ ring pleads guilty in TexasComments Off

Prosecutors in Dallas say a member of a “swatting” ring that made hoax 911 calls has pleaded guilty to computer-related conspiracy and retaliation counts.

3-month sentence for Japan-Hawaii flight assaultComments Off

A Japanese man received a three-month sentence Tuesday for a drunken altercation with flight attendants during a trip to Hawaii for his honeymoon.

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