Pfizer’s Comirnaty, Paxlovid push Q2 sales to new heights
By TOM MURPHY and MICHELLE CHAPMAN AP Business Writers Sales of Pfizer’s COVID-19 vaccine and treatment in the second quarter propelled the…
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Fewer Americans applied for jobless benefits last week
By MATT OTT AP Business Writer WASHINGTON (AP) — Fewer Americans applied for jobless benefits last week, but the previous week’s number was…
Continue Reading Cyprus, Greece, look to EU if Turkey renews gas search
By MENELAOS HADJICOSTIS Associated Press NICOSIA, Cyprus (AP) — The foreign minister of Cyprus says his government and Greece will consult with…
Continue Reading In a 3rd test, Facebook still fails to block hate speech
By BARBARA ORTUTAY AP Technology Writer Facebook is letting violent hate speech slip through its controls in Kenya, according to a new report from…
Continue Reading 1st Trader Joe’s union approved at Massachusetts store
By MARK PRATT Associated Press Employees at a Trader Joe’s supermarket in Massachusetts on Thursday became the latest workers at a major company to…
Continue Reading German inflation rate slips again in July from month before
BERLIN (AP) — Germany’s annual inflation rate has declined slightly for the second consecutive month, but July’s pace of 7.5% is still within…
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US economy contracts again, fueling recession fears
By Martha White and Alicia Wallace, CNN Business The US economy shrank again in the second quarter, the Bureau of Economic Analysis said Thursday.…
Continue Reading US economy contracts again, fueling recession fears
CNN By Martha White and Alicia Wallace, CNN Business The US economy shrank again in the second quarter, the Bureau of Economic Analysis said…
Continue Reading US economy shrinks for a 2nd quarter, raising recession fear
By PAUL WISEMAN AP Economics Writer WASHINGTON (AP) — The U.S. economy shrank from April through June for a second straight quarter, contracting at…
Continue Reading Spain’s govt wants windfall tax on banks, energy companies
MADRID (AP) — Spain’s Socialist-led coalition government wants large energy companies and banks to pay a windfall tax, which officials hope will…
Continue Reading Why stocks are so weird right now
By Julia Horowitz, CNN Business Before the Federal Reserve announced another supersized interest rate hike on Wednesday, investors told Before the…
Continue Reading Biden, Xi could meet in person, US official says
By CHRIS MEGERIAN, ZEKE MILLER and ELLEN KNICKMEYER Associated Press WASHINGTON (AP) — President Joe Biden and China’s Xi Jinping are exploring…
Continue Reading Nestle reports higher sales even as it raises prices
VEVEY, Switzerland (AP) — Global food giant Nestle has reported higher sales in the first half of the year, even as it increased prices by 6.5% as…
Continue Reading More homes for sale, but low-priced listings remain scarce
By ALEX VEIGA AP Business Writer LOS ANGELES (AP) — The number of homes on the market has been rising, albeit from very low levels. Home listings…
Continue Reading This region is suffering from some of the highest inflation in America. Here’s how locals are surviving
By Natasha Chen For 17 years, Ana Duran worked full time as a travel counselor. Late last year she lost that job, shortly before seeing the price of…
Continue Reading Last year’s backpack: Tapped out families are struggling to pay for back to school purchases
CNN, CNNBUSINESS By Parija Kavilanz, CNN Business Shopping for back-to-school essentials is becoming a real struggle for families whose household…
Continue Reading Altria’s $13B investment in Juul e-cigarettes vaporizes
By MATTHEW PERRONE AP Health Writer WASHINGTON (AP) — Altria reports its nearly $13 billion investment in troubled vaping company Juul is worth 95%…
Continue Reading Watchdog head: Fines may not stop bad behavior by companies
By KEN SWEET AP Business Writer NEW YORK (AP) — The head of the nation’s financial watchdog is having second thoughts about using fines to deter…
Continue Reading Shell posts record earnings again as energy prices soar
LONDON (AP) — Shell posted record profits Thursday for a second straight quarter as the energy giant benefited from soaring prices of oil and…
Continue Reading Merck beats expectations, helped by Keytruda sales
By The Associated Press Merck is posting second-quarter sales that easily topped Wall Street expectations, boosted by sales growth of some of its key…
Continue Reading JetBlue announces a deal to buy Spirit Airlines. Fares could surge
By Chris Isidore, CNN Business JetBlue Airways on Thursday announced it would purchase Spirit Airlines, a combination that would create…
Continue Reading JetBlue is buying Spirit for $3.8 billion after bidding war
By DAVID KOENIG and MICHELLE CHAPMAN AP Business Writers JetBlue Airways is buying Spirit Airlines for $3.8 billion in a deal that could increase…
Continue Reading Asia’s richest woman lost more than half her fortune in China’s property crunch
By Laura He, CNN Business Yang Huiyan, Asia’s wealthiest woman, has seen her wealth fall to $11 billion from nearly $24 billion this year as…
Continue Reading 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…
Continue Reading 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…
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