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Bank of America profits rise; bank warns of slowing economy

NEW YORK (AP) – Bank of America's fourth-quarter profits rose slightly from a year ago, as higher credit costs and potentially bad loans more...
GENERAL DYNAMICS CORP.'S marine systems segment, which includes General Dynamics Electric Boat, reported $10 billion in revenue, an increase of 8.7% year over year. / COURTESY GENERAL DYNAMICS ELECTRIC BOAT

General Dynamics earns $3.2B in 2020

PROVIDENCE – General Dynamics Corp. earned a profit of $3.2 billion in 2020, a 9.1% decline year over year, the company reported Wednesday. Earnings per...
TEXTRON INC. reported a profit of $309 million profit in 2020, a decline from $815 million one year prior. / COURTESY TEXTRON AVIATION

Textron posts $309M profit in 2020

PROVIDENCE – Textron Inc. reported a $309 million profit in 2020, a decline from $815 million one year prior, the company announced Wednesday. Earnings per...
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