BP profits soar in 3Q as pressure increases for windfall tax
By DANICA KIRKA Associated Press LONDON (AP) — BP’s earnings have more than doubled in the third quarter as the London-based energy giant…
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Cyclone, absences threaten to dull Hong Kong finance meeting
By ZEN SOO Associated Press HONG KONG (AP) — A tropical storm and absences of VIP guests are casting a shadow over a financial conference meant to…
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Japan entertainment maker Sony ups forecasts as profits grow
By YURI KAGEYAMA AP Business Writer TOKYO (AP) — Sony has reported its quarterly profit through September rose 24% on healthy demand for its music…
Continue Reading Oleg Tinkov renounces Russian citizenship over war in Ukraine
By Mark Thompson, Mayumi Maruyama and Alex Stambaugh, CNN Oleg Tinkov, the founder of a major Russian digital bank, has renounced his Russian…
Continue Reading Toyota reports quarterly profit decline amid chips crunch
By YURI KAGEYAMA AP Business Writer TOKYO (AP) — Toyota Motor Corp. says its profit fell 31% in the last quarter as a shortage of computer chips…
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Most expensive climate disasters in recent decades
Stacker ranked the most expensive American climate disasters by the billions since 1980 by total cost of all damages, adjusted for inflation. Data…
Continue Reading Shanghai Disney guests kept in closed park for virus testing
By JOE McDONALD AP Business Writer BEIJING (AP) — Visitors to Shanghai Disneyland were temporarily blocked from leaving as part of virus testing…
Continue Reading Asian benchmarks higher as markets await Fed rate moves
By YURI KAGEYAMA AP Business Writer TOKYO (AP) — Asian shares were mostly higher Wednesday ahead of a decision by the U.S. Federal Reserve on an…
Continue Reading Arab leaders in Algeria for 1st League summit in 3 years
By FAY ABUELGASIM, BARBARA SURK and JACK JEFFERY Associated Press ALGIERS, Algeria (AP) — Arab leaders are meeting in Algeria at the 31st summit of…
Continue Reading Oil giant Saudi Aramco has $42.4B profit in third quarter
By JON GAMBRELL Associated Press DUBAI, United Arab Emirates (AP) — Oil giant Saudi Aramco is reporting a $42.4 billion profit in the third quarter…
Continue Reading What we know about India’s deadly bridge collapse
By Rhea Mogul, Manveena Suri and Swati Gupta, CNN More than 50 children are among 135 people killed in Sunday’s bridge collapse in…
Continue Reading Australian cash rate rises for 7th straight month to 2.85%
By ROD McGUIRK Associated Press CANBERRA, Australia (AP) — Australia’s central bank has boosted its benchmark interest rate for a seventh…
Continue Reading BBC tries to understand politics by creating fake Americans
By DAVID BAUDER AP Media Writer NEW YORK (AP) — In an attempt to see how social media influences American politics, a BBC reporter created some…
Continue Reading Shanghai Disney guests kept in closed park for virus testing
BEIJING (AP) — Shanghai Disneyland was closed and visitors temporarily kept in the park for virus testing, the city government announced, while…
Continue Reading Judge blocks Penguin Random House’s purchase of Simon & Schuster
By CNN Business staff A federal judge blocked Penguin Random House from buying Simon & Schuster, arguing that the combination of the two book…
Continue Reading Judge blocks Penguin Random House-Simon & Schuster merger
By HILLEL ITALIE AP National Writer NEW YORK (AP) — A federal judge has blocked Penguin Random House’s proposed purchase of Simon & Schuster.…
Continue Reading Musk boosts surge in misinformation about Pelosi attack
By DAVID KLEPPER Associated Press With some help from Twitter’s new owner, misinformation about the grievous attack on U.S. House Speaker Nancy…
Continue Reading Bird flu infects Iowa egg farm with 1 million chickens
By DAVID PITT Associated Press DES MOINES, Iowa (AP) — Iowa agriculture officials say another commercial egg farm has been infected with bird flu,…
Continue Reading Delta pilots authorize strike, but walkout remains unlikely
ATLANTA (AP) — Pilots at Delta Air Lines are giving their union the authority to call a strike. But that doesn’t mean a strike is imminent,…
Continue Reading Grocer Giant settles US claim of discrimination in hiring
By DEE-ANN DURBIN AP Business Writer The U.S. Department of Justice says it has reached a settlement with grocer Giant Co. over claims that the…
Continue Reading How major US stock indexes fared Monday 10/31/2022
The Associated Press Stocks ended lower on Wall Street, but major indexes still wound up with big gains for October, including the best month for the…
Continue Reading TuSimple, Howmet fall; XPO Logistics, Wynn Resorts rise
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Monday: Verisk Analytics Inc., up $1.71 to $182.83. The insurance data…
Continue Reading Chick-fil-A operator has a winning recipe for employees: three-day workweek
By Parija Kavilanz, CNN Business What staffing shortage? One Miami Chick-fil-A owner/operator has been deluged with applications after switching his…
Continue Reading Closing prices for crude oil, gold and other commodities
The Associated Press Benchmark U.S. crude oil for December delivery fell $1.37 to $86.53 a barrel Monday. Brent crude for December delivery fell 94…
Continue Reading Charitable giving to fight climate change rises 25% to $7.5B
By JIM RENDON of The Chronicle of Philanthropy Chronicle of Philanthropy Charitable giving to organizations that work to slow climate change have…
Continue Reading Senate Democrat wants national security investigation of Saudi Arabia’s role in Elon Musk-Twitter deal
By Matt Egan Democratic Sen. Chris Murphy is calling on the federal government to investigate national security concerns raised by Saudi…
Continue Reading UAW files petition for election at Ultium Cells
The International Union, United Automobile, Aerospace and Agricultural Implement Workers of America, has filed a petition for election on behalf of…
Continue Reading Musk floats paid Twitter verification, fires board
By MATT O’BRIEN and BARBARA ORTUTAY AP Technology Writers Billionaire Elon Musk is already floating major changes for Twitter — and faces…
Continue Reading Emerson selling climate technologies in $14B deal
Associated Press NEW YORK (AP) — Emerson is selling a majority stake in its climate technologies business to Blackstone in a deal valued at $14…
Continue Reading Biden paints oil firms as war profiteers, talks windfall tax
By ZEKE MILLER and SEUNG MIN KIM Associated Press WASHINGTON (AP) — President Joe Biden is raising the possibility of imposing a windfall tax on…
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