A key US inflation gauge stayed at a high 6.2% in September
By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — A measure of inflation that is closely monitored by the Federal Reserve remained…
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Oil giants rake in steep profits amid high energy prices
By CATHY BUSSEWITZ AP Energy Writer Oil companies brought in staggering profits once again as consumers worldwide struggled with high gasoline and…
Continue ReadingElon Musk takes over Twitter but where will he go from here?
By BARBARA ORTUTAY, TOM KRISHER and MATT O’BRIEN AP Business Writers Elon Musk has taken control of Twitter after a protracted legal battle and…
Continue ReadingSwedes want further probing into Baltic Sea pipe line blasts
COPENHAGEN, Denmark (AP) — A Swedish prosecutor wants “a supplementary crime scene investigation” at the site of explosions that damaged two…
Continue ReadingAirbus 3rd-quarter earnings grow despite supply chain woes
TOULOUSE, France (AP) — Airbus has reported that earnings grew in the third quarter and revenue is up through the first nine months of 2022 as it…
Continue ReadingGermany sees unexpected growth in 3rd quarter; inflation up
By GEIR MOULSON Associated Press BERLIN (AP) — The German economy grew in the third quarter, an unexpectedly positive performance powered largely…
Continue ReadingEU approves ban on new combustion-engine cars from 2035
BRUSSELS (AP) — European Union lawmakers and member countries have reached a deal to ban the sale of new gasoline and diesel cars and vans by 2035.…
Continue ReadingWall Street rally marks first weekly win streak since summer
By STAN CHOE, DAMIAN J. TROISE and ALEX VEIGA AP Business Writers Technology stocks led a broad rally on Wall Street Friday, capping another strong…
Continue ReadingIndia ruling party official to sue critical news website
NEW DELHI (AP) — An official from India’s ruling party says he will sue an independent local news website after it reported in a now-retracted…
Continue ReadingJapan Cabinet OKs $200B spending plan to counter inflation
By MARI YAMAGUCHI Associated Press TOKYO (AP) — Japan’s Cabinet has approved a hefty economic package including 29 trillion yen ($200 billion) in…
Continue ReadingProsecutors take charge of probe into Baldwin shooting
MORGAN LEE Associated Press SANTA FE, N.M. (AP) — A sheriff’s department submitted on Thursday its investigative findings to prosecutors in…
Continue ReadingIRS hires 4,000 customer service workers ahead of tax season
By FATIMA HUSSEIN Associated Press WASHINGTON (AP) — The IRS has hired an additional 4,000 customer service representatives who are being trained…
Continue ReadingRail strike worry prompts businesses to seek WH intervention
By JOSH FUNK AP Business Writer OMAHA, Neb. (AP) — Businesses are increasingly worried about the renewed threat of a railroad strike after two…
Continue ReadingNTSB: Valve leak fueled 2021 pipeline blast that killed 2
FARMERSVILLE, Texas (AP) — Federal investigators say a valve leak and a spark of unknown origin combined to cause a North Texas natural gas…
Continue ReadingExplosives topple former coal-fired power plant in Minnesota
GRANITE FALLS, Minn. (AP) — A decommissioned coal-fired power plant in western Minnesota has crashed to the ground with a thunderous boom as part…
Continue ReadingApple’s revenue and profit edge up despite slowing economy
By MICHAEL LIEDTKE AP Technology Writer Apple has managed to boost both its sales and profit during a summertime quarter that depressed the fortunes…
Continue ReadingAmazon posts weaker-than-expected 3Q revenue, stock tumbles
By HALELUYA HADERO AP Business Writer NEW YORK (AP) — Amazon returned to profitability over the summer after two consecutive quarters of losses,…
Continue ReadingHow major US stock indexes fared Thursday 10/27/2022
The Associated Press Stocks ended mixed on Wall Street as weakness in several tech companies offset gains in other parts of the market. Facebook’s…
Continue ReadingBiden signs international climate deal on refrigerants
By MATTHEW DALY Associated Press WASHINGTON (AP) — President Joe Biden has signed an international agreement that compels the United States and…
Continue ReadingTimeline of billionaire Elon Musk’s bid to control Twitter
By The Associated Press Elon Musk is offering to go through with his original proposal to buy Twitter for $44 billion. The offer came just two weeks…
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