Cars hit tires dumped on Dutch highway amid farmer protests
THE HAGUE, Netherlands (AP) — Police say cars crashed into tires and other garbage piled on a highway in the northern Netherlands by radical…
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Stellantis earnings rise as electric vehicle sales expand
AMSTERDAM (AP) — Automaker Stellantis has reported higher earnings in the first half of 2022 compared with last year, pointing to a nearly 50%…
Continue Reading Nissan’s profits plunge on COVID lockdown, chips crunch
By YURI KAGEYAMA AP Business Writer TOKYO (AP) — Japanese automaker Nissan says its profit in the last quarter plunged to less than half of what it…
Continue Reading US’s MCC to invest $237 million in Kosovo’s energy grid
PRISTINA, Kosovo (AP) — Kosovo has signed a $236.7 million agreement with a U.S. government agency to support its energy sector, promote…
Continue Reading Samsung fined $9.8M for misleading Australian phone ads
By ROD McGUIRK Associated Press CANBERRA, Australia (AP) — An Australian judge has ordered Samsung to pay $9.8 million in penalties for misleading…
Continue Reading Samsung logs 12% profit increase in 2Q on strong chip demand
SEOUL, South Korea (AP) — Samsung Electronics Co. has reported its operating profit rose 12% in the April-June quarter thanks to strong demand for…
Continue Reading Asian shares mostly higher after rally on Wall Street
By YURI KAGEYAMA AP Business Writer TOKYO (AP) — Asian shares were mostly higher on Friday following a broad rally on Wall Street, but Hong…
Continue Reading Japan’s push for UNESCO to list divisive gold mine delayed
By MARI YAMAGUCHI Associated Press TOKYO (AP) — Japan’s push to obtain UNESCO World Heritage recognition for a former gold mine key to the…
Continue Reading Australia forecasts high inflation for another 2 years
By ROD McGUIRK Associated Press CANBERRA, Australia (AP) — New forecasts by Australia’s government say runaway inflation will remain unacceptably…
Continue Reading Banks far from hitting Paris climate targets, groups warn
By ED DAVEY Associated Press A new report by says many of the world’s biggest banks are falling far short of aligning their practices with the…
Continue Reading Hidden Menace: Massive methane leaks speed up climate change
By MICHAEL BIESECKER and HELEN WIEFFERING Associated Press LENORAH, Texas (AP) — To the naked eye, the Mako Compressor Station outside the dusty…
Continue Reading Hidden Menace: Massive methane leaks speed up climate change
By MICHAEL BIESECKER and HELEN WIEFFERING Associated Press LENORAH, Texas (AP) — To the naked eye, the Mako Compressor Station outside the dusty…
Continue Reading Rejected by courts, retirees take last shot to save pensions
By FATIMA HUSSEIN Associated Press WASHINGTON (AP) — When General Motors went through the biggest industrial bankruptcy proceedings in history,…
Continue Reading Rejected by courts, retirees take last shot to save pensions
By FATIMA HUSSEIN Associated Press WASHINGTON (AP) — Dave Muffley thought he had it made when it came to a solid retirement. The Indiana man spent…
Continue Reading US not yet in recession and 4 other takeaways from the Fed
By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — Jerome Powell delivered a tough message at the start of a news conference Wednesday:…
Continue Reading What’s in, and out, of Democrats’ inflation-fighting package
By LISA MASCARO AP Congressional Correspondent WASHINGTON (AP) — What started as a $4 trillion effort during President Joe Biden’s first…
Continue Reading Pipeline company to pay nearly $1M over California oil spill
HUNTINGTON BEACH, Calif. (AP) — The owner of an underwater oil pipeline that spilled some 25,000 gallons of crude into the ocean off Southern…
Continue Reading Best Buy cuts sales forecast as inflation tempers spending
By ANNE D’INNOCENZIO AP Retail Writer NEW YORK (AP) — Best Buy has cut its annual sales and profit forecast, citing surging inflation that…
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Spirit and Frontier pull plug on deal, setting stage for JetBlue to buy Spirit
By Chris Isidore, CNN Business Spirit and Frontier airlines Wednesday finally pulled the plug on their proposed deal, which had been on life support…
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In a major boost to Democrats, Manchin and Schumer announce deal for energy and health care bill
By Manu Raju, CNN Chief Congressional Correspondent Senate Majority Leader Chuck Schumer and Sen. Joe Manchin on Wednesday announced a deal on an…
Continue Reading Ford earnings and revenue soar, helped by high car prices
By Chris Isidore, CNN Business Ford shook off the impact of supply chain problems and limited vehicle inventory to post much better-than-expected…
Continue Reading NFL finance group supports Broncos sale to Walmart heir
By ARNIE STAPLETON AP Pro Football Writer ENGLEWOOD, Colo. (AP) — NFL owners will decide on Aug. 9 whether to approve the proposed $4.65 billion…
Continue Reading Electric truck maker Rivian laying off 6% of its workforce
By Peter Valdes-Dapena, CNN Business Rivian, the Amazon-backed manufacturer of electric pickups, SUVs and delivery vans, is laying off about 6% of…
Continue Reading Airbus reports lower Q2 profit, trims 2020 production target
By The Associated Press Airbus said net income plunged in the second quarter and warned that supply chain challenges were leading it scale back…
Continue Reading Facebook parent posts first revenue decline as a public company
By Clare Duffy, CNN Business Facebook is in decline. Meta, Facebook’s parent company, reported revenue of $28.8 billion for the three months…
Continue Reading Facebook parent Meta posts first revenue decline in history
By BARBARA ORTUTAY AP Technology Writer Meta, the parent company of Facebook and Instagram, posted its first revenue decline in history Thursday,…
Continue Reading Ford 2Q profit up 19%, sees stronger year despite inflation
By TOM KRISHER AP Auto Writer DETROIT (AP) — Ford Motor Co.’s net income rose 19% in the second quarter as the company pulled together enough…
Continue Reading Spotify, Alphabet rise; Kraft Heinz, Garmin fall
Stocks that traded heavily or had substantial price changes Wednesday: Teva Pharmaceutical Industries Ltd., up $2.02 to $9.14. The drugmaker agreed…
Continue Reading Confused by huge Mega Millions prize? Here are some answers
By SCOTT McFETRIDGE Associated Press DES MOINES, Iowa (AP) — Now that the Mega Millions lottery jackpot has topped $1 billion — only the fourth…
Continue Reading Whistleblowers hit Southwest, FAA for lax safety practices
By DAVID KOENIG AP Airlines Writer DALLAS (AP) — Federal officials say that Southwest Airlines and the union representing its pilots have resisted…
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