Ferrari earnings up 22% on surging deliveries to Americas
MILAN (AP) — Luxury Italian automaker Ferrari raised its 2022 forecast Tuesday after reporting a 22% increase in second-quarter earnings as sales…
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Uber’s stock surges on positive trends despite big Q2 loss
By MICHAEL LIEDTKE and MICHELLE CHAPMAN AP Business Writers Uber’s effort meld its pioneering ride-hailing service with food and freight delivery…
Continue Reading Caterpillar post strong Q2 profit as it raises prices
Associated Press DEERFIELD, Ill. (AP) — Caterpillar is reporting a strong second quarter and it topped most profit expectations with higher prices…
Continue Reading Millennial Money: This year’s summer travel FOMO is real
By DALIA RAMIREZ of NerdWallet As you look through your social media feeds this summer, fear of missing out, or FOMO, can kick in when it seems like…
Continue Reading US ambassador to Japan warns of Chinese economic coercion
By FOSTER KLUG and MARI YAMAGUCHI Associated Press TOKYO (AP) — The U.S. ambassador in Tokyo says his government is working with Japan and other…
Continue Reading British Airways pauses short-haul flight sales from Heathrow
By KELVIN CHAN Associated Press LONDON (AP) — British Airways said Tuesday that it’s suspending sales of short-haul flights from…
Continue Reading India announces a $100 million credit line to the Maldives
NEW DELHI (AP) — India has announced a $100 million line of credit to the Maldives to support development projects. Prime Minister Narendra Modi…
Continue Reading Japan truckmaker Hino says emissions data faked for 20 years
By YURI KAGEYAMA AP Business Writer TOKYO (AP) — Hino Motors, a truck maker that’s part of the Toyota group, systematically falsified emissions…
Continue Reading Russia brands Ukrainian steel plant defenders terrorists
By SUSIE BLANN and SUZAN FRASER Associated Press KYIV, Ukraine (AP) — Russia’s Supreme Court has declared Ukraine’s Azov Regiment a terrorist…
Continue Reading BP earnings soar as energy firm profits from rising prices
By DANICA KIRKA Associated Press LONDON (AP) — BP said its earnings from April to June almost tripled from a year earlier, increasing pressure on…
Continue Reading Asian stocks higher as US-China tensions rise
By JOE McDONALD AP Business Writer BEIJING (AP) — Asian stock markets rose Wednesday as traders watched for signs trade might be disrupted by…
Continue Reading Australian central bank hikes rate to 6-year high 1.85%
By ROD McGUIRK Associated Press CANBERRA, Australia (AP) — Australia’s central bank has boosted its benchmark interest rate for a fourth…
Continue Reading Myanmar violence, Ukraine war loom over ASEAN meetings
By DAVID RISING Associated Press PHNOM PENH, Cambodia (AP) — Southeast Asian foreign ministers are gathering in the Cambodian capital for meetings…
Continue Reading Sri Lankans bide time as leaders seek fix for economic woes
By BHARATHA MALLAWARACHI, KRISHAN FRANCIS and ELAINE KURTENBACH Associated Press COLOMBO, Sri Lanka (AP) — Sri Lankans have endured months of fuel…
Continue Reading Stephen King testifies for government in books merger trial
By HILLEL ITALIE and MARCY GORDON Associated Press WASHINGTON (AP) — Bestselling author Stephen King has testified in a federal antitrust trial in…
Continue Reading Norman says Tiger Woods turned down $700-800M Saudi offer
By The Associated Press Tiger Woods turned down an offer that Greg Norman says was “somewhere in that neighborhood” of $700 million to $800…
Continue Reading EXPLAINER: Is Alex Jones’ trial about free speech rights?
By MICHAEL TARM AP Legal Affairs Writer CHICAGO (AP) — Conspiracy theorist Alex Jones arrived at a Texas courthouse for his defamation trial for…
Continue Reading Geothermal plant wins appeal but pauses Nevada construction
By SCOTT SONNER Associated Press RENO, Nev._ (AP) — The developer of a geothermal power plant facing legal challenges in Nevada has agreed to…
Continue Reading FCA US put on probation, must pay $300M for emission scheme
DETROIT (AP) — FCA US, formerly known as Chrysler Group, was placed on probation for three years. It also was ordered to pay roughly $300 million…
Continue Reading Treasury says borrowing needs increased by $262 billion
By FATIMA HUSSEIN Associated Press WASHINGTON (AP) — The Treasury Department is seeking to borrow $444 billion in the current quarter through…
Continue Reading NLRB dismisses Starbucks charge against union organizers
By DEE-ANN DURBIN AP Business Writer The National Labor Relations Board has dismissed a charge Starbucks filed against union organizers in Phoenix.…
Continue Reading Democrat Sinema’s views on economic bill remain shrouded
By ALAN FRAM Associated Press WASHINGTON (AP) — Democratic Sen. Kyrsten Sinema’s views remained a mystery Monday as party leaders eyed votes…
Continue Reading FACT FOCUS: Wisconsin mobile voting truck claims scrutinized
By TODD RICHMOND Associated Press MADISON, Wis. (AP) — Conservatives online are raising questions about a Wisconsin municipality’s mobile…
Continue Reading WVa cities, counties reach $400M settlement with drug firms
CHARLESTON, W.Va. (AP) — West Virginia cities and counties have reached a $400 million tentative settlement with three major U.S. drug…
Continue Reading How major US stock indexes fared Monday 8/01/2022
The Associated Press Stocks closed lower on Wall Street Monday as investors began another busy week of earnings and economic reports. The S&P…
Continue Reading Spain: Stores must keep doors shut, limit AC to save energy
MADRID (AP) — Spain has approved a new set of energy-saving measures that includes prohibiting air conditioning to be set lower than 27 degrees…
Continue Reading PerkinElmer, Boeing rise; Royal Caribbean, Aerojet fall
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Monday: PerkinElmer, Boeing rise; Royal Caribbean, Aerojet…
Continue Reading Closing prices for crude oil, gold and other commodities
The Associated Press Benchmark U.S. crude oil for September delivery fell $4.73 to $93.89 a barrel Monday. Brent crude for October delivery fell…
Continue Reading Bumps, bipartisanship in long fight for semiconductor bill
By JOSH BOAK Associated Press WASHINGTON (AP) — President Joe Biden will soon be signing into law a major bill to revive the U.S. computer chip…
Continue Reading Bumps, bipartisanship in long fight for semiconductor bill
By JOSH BOAK Associated Press WASHINGTON (AP) — Five weeks ago, senior Biden administration aides gathered for their regular Thursday morning…
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