Log in
Keyword: business

Bank of England keeps interest rate at 5.25% for 6th …

5/9/2024
LONDON (AP) — The Bank of England has kept its main U.K. interest rate at a 16-year high of 5.25% with several policymakers still worrying about some key inflation measures. In a statement …

Guns are being stolen from cars at triple the rate …

5/9/2024
The rate of guns stolen from cars in the U.S. has tripled over the last decade, making them the largest source of stolen guns in the country. That's according to an analysis of FBI data by the gun …

Japanese automaker Nissan reports 92% jump in profit …

5/9/2024
TOKYO (AP) — Nissan’s profit for the fiscal year through March jumped 92% to 426.6 billion yen ($2.7 billion) as sales grew in all major global markets except China, the Japanese automaker said …

Norfolk Southern shareholders to decide Thursday …

5/9/2024
Norfolk Southern shareholders will decide Thursday morning whether to back an activist investor’s bid to take over the railroad’s board and replace management. Ancora Holdings picked up …

Union push pits the United Farm Workers against a …

5/8/2024
A battle is underway in California between a unit of the Wonderful Co. and United Farm Workers over how a group of workers organized under a recently-enacted labor law. Since the law took effect, …

With inflation soaring, Argentina will start printing …

5/8/2024
BUENOS AIRES, Argentina (AP) — Prices in Argentina have surged so dramatically in recent months that the government has multiplied the size of its biggest bank note in circulation by five — to …

US's largest public utility ignores warnings in moving …

5/8/2024
NASHVILLE, Tenn. (AP) — The nation’s largest public utility is moving ahead with a plan for a new natural gas plant in Tennessee despite warnings that its environmental review of the project …

Airbnb shares slide on lower revenue forecast despite …

5/8/2024
SAN FRANCISCO (AP) — Airbnb's profit more than doubled last quarter, but management's disappointing revenue forecast sparked a roughly 7% drop in its stock in after-market trading Wednesday. …

Judge grills Apple exec about whether company is …

5/8/2024
OAKLAND, Calif. (AP) — A federal judge on Wednesday questioned whether Apple has set up a gauntlet of exasperating hurdles to discourage the use of alternative payment options in iPhone apps, …

Beyond Meat revenue falls in Q1 on weak demand for …

5/8/2024
Beyond Meat reported higher-than-expected revenue in the first quarter despite lower demand for its plant-based meats in the U.S. and abroad. The El Segundo, California-based company said its …

Georgia lawmakers vowed to restrain tax breaks. But …

5/8/2024
ATLANTA (AP) — Georgia lawmakers vowed they were going to rein in tax breaks for businesses this year. Their efforts came to nothing. Gov. Brian Kemp on Tuesday vetoed a two-year pause in a …

Steward Health Care says it is selling the 30+ …

5/8/2024
Steward Health Care said it plans to sell off all its hospitals after announcing this week that it filed for bankruptcy protection. The Dallas-based company, which operates more than 30 hospitals …