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Salem Radio Network News Tuesday, August 30, 2016

business

By Rodrigo Campos NEW YORK (Reuters) – Financial and commodity-sector stocks led the S&P 500 higher in a low-volume session on Monday after consumer spending rose for a fourth straight month, pointing to a pick-up in U.S. economic growth. Investors continued to digest comments from U.S. Federal Reserve...
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Mondelez abandons pursuit for U.S. chocolate maker Hershey

By Greg Roumeliotis (Reuters) – Mondelez International Inc <MDLZ.O>, the maker of Oreo cookies and Cadbury chocolates, said it was no longer pursuing the acquisition of Hershey Co <HSY.N>, two months after the U.S. chocolate company turned down its $23 billion...
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United Airlines hires No. 2 at American to be its president

(Reuters) – United Continental Holdings Inc <UAL.N> has hired the No. 2 executive at rival American Airlines Group Inc <AAL.O>, Scott Kirby, to be its president, the companies said on Monday. The move, effective immediately, is the latest attempt by...
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Bob Gorrell
Fri, Aug 26, 2016

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