Tesla 2Q profit falls from 1Q, but is stronger than expected
By TOM KRISHER AP Auto Writer DETROIT (AP) — Tesla’s second-quarter profit fell 32% from record levels in the first quarter as supply chain…
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Omnicom, Netflix rise; Baker Hughes, Toll Brothers fall
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Wednesday: Omnicom, Netflix rise; Baker Hughes, Toll Brothers…
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Tesla earnings fall on hit from China Covid surge
By Chris Isidore, CNN Business Lockdowns caused by the Covid surge in China caused sales and profits to fall at Tesla compared to the first three…
Continue Reading How major US stock indexes fared Wednesday 7/20/2022
The Associated Press Stocks closed higher on Wall Street again Wednesday as more profit reports roll in from U.S. companies. Profit reporting season…
Continue Reading Closing prices for crude oil, gold and other commodities
The Associated Press Benchmark U.S. crude oil for August delivery fell $1.96 to $102.26 a barrel Wednesday. Brent crude for September delivery fell…
Continue Reading 3 weeks of protests in Panama cause food, fuel shortages
By KATHIA MARTÍNEZ Associated Press PANAMA CITY (AP) — Three weeks of continuous demonstrations and road blockades to protest high fuel and food…
Continue Reading US Postal Service says at least 40% of new delivery trucks will be electric
By Matt McFarland, CNN Business The US Postal Service said Wednesday that at least 40% of its new delivery vehicles will be electric, up from the 10%…
Continue Reading Suit faults FEC for inaction on Trump’s teasing of 2024 run
By MEG KINNARD Associated Press A pro-Democratic super PAC is accusing the Federal Election Commission of allowing former President Donald Trump…
Continue Reading These are the keys to 401(k) investing success in a falling market
By Jeanne Sahadi, CNN Business There really was no place for 401(k) investors to hide in the first half of this year. Even though their portfolios…
Continue Reading This airline is launching electronic bag tags to speed up airport check-in
By Jennifer Korn, CNN Business Alaska Airlines is rolling out electronic bag tags in an effort to speed up the airport check-in process for…
Continue Reading This airline is launching electronic bag tags to speed up airport check-in
CNN, WDJT, WCVB, KTLA By Jennifer Korn, CNN Business Alaska Airlines is rolling out electronic bag tags in an effort to speed up the airport check-in…
Continue Reading The CEO of Goldman Sachs is worried about a recession
CNN By Paul R. La Monica, CNN Business The CEO of one of America’s largest banks is worried inflation will remain problematic for a while…
Continue Reading The CEO of Goldman Sachs is worried about a recession
By Paul R. La Monica, CNN Business The CEO of one of America’s largest banks is worried inflation will remain problematic for a while longer…
Continue Reading Cyprus president: Turkish Cypriot proposals aim at partition
By MENELAOS HADJICOSTIS Associated Press NICOSIA, Cyprus (AP) — The Greek Cypriot president of Cyprus has dismissed proposals put forward by the…
Continue Reading Wisconsin AG sues 18 companies over PFAS contamination
By TODD RICHMOND Associated Press MADISON, Wis. (AP) — Wisconsin Attorney General Josh Kaul has filed a lawsuit seeking to hold nearly 20 companies…
Continue Reading Park your motorcycle: Company says handlebar bolt can break
DETROIT (AP) — The company that makes Can-Am Ryker motorcycles is warning people not to ride some of them because a handlebar bolt can break,…
Continue Reading US Postal Service to boost purchases of electric vehicles
By DAVID SHARP Associated Press The U.S. Postal Service plans to further increase the number of electric-powered vehicles it’s buying to…
Continue Reading Jury: Tesla just 1% to blame for teen driver’s fiery crash
By FREIDA FRISARO Associated Press MIAMI (AP) — A jury in Florida has found Tesla just 1% negligent in a fiery crash that killed two teens, for…
Continue Reading Can green hydrogen save a coal town and slow climate change?
By SAM METZ Associated Press DELTA, Utah (AP) — Developers in rural Utah who want to create big underground caverns to store hydrogen fuel won…
Continue Reading Europe’s economy is in dire straits. This week presents a crucial test
CNN By Julia Horowitz, CNN Business Europe’s economy, which accounts for almost a fifth of the world’s output, is facing its toughest…
Continue Reading Europe’s economy is in dire straits. This week presents a crucial test
By Julia Horowitz, CNN Business Europe’s economy, which accounts for almost a fifth of the world’s output, is facing its toughest test…
Continue Reading Opinion: The painful market selloff should be over soon
Opinion by Mark Zandi for CNN Business Perspectives The stock market is having a rough go. Since hitting an all-time high on the first trading day of…
Continue Reading EXPLAINER: Can Europe live without Russian natural gas?
BERLIN (AP) — Europe is in an energy crisis, and it means countries will struggle to keep homes warm and industry humming this winter. That’s…
Continue Reading Moms are crossing borders in search of baby formula
By Parija Kavilanz, CNN Business For one group of workers, the baby formula shortage is a multi-pronged crisis that threatens not only the well-being…
Continue Reading Home prices hit an all-time high, even as sales continue to slow
By Anna Bahney, CNN Business Home prices hit a new all-time high in June, even as home sales declined for the fifth straight month as a lack of…
Continue Reading Spanish worker’s death shows need to adapt to climate change
By RAQUEL REDONDO and BARRY HATTON Associated Press MADRID (AP) — The death of a street cleaner during a heat wave in Madrid is driving a debate in…
Continue Reading US home sales fell in June as prices reach new heights
By ALEX VEIGA AP Business Writer Sales of previously occupied U.S. homes slowed for the fifth consecutive month in June as higher mortgage rates and…
Continue Reading UK approves new nuclear power station; Activists eye appeal
By SYLVIA HUI Associated Press LONDON (AP) — Britain’s government has given the green light to a new nuclear power station that’s expected to…
Continue Reading Nearly ‘zero revenue’: Macao’s casinos were burning millions a day. Then came a lockdown
By Michelle Toh, CNN Business Macao’s casinos have been bleeding hundreds of millions of dollars a month during the pandemic. Now a prolonged…
Continue Reading Biogen chops expenses in Q2, raises 2022 profit forecast
By TOM MURPHY AP Health Writer Cost cutting helped Biogen beat second-quarter expectations soundly even as revenue slid and sales of the…
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