Asian shares rise on optimism about US, China economies
Asian shares are mostly rising after a rebound on Wall Street, despite regional investor risks reflected in negative economic data out of China.
8 hrs 34 mins ago
Amazon: FTC probe hounding Bezos, execs; subpoenas too broad
Amazon has complained to federal regulators that they're hounding company founder Jeff Bezos and senior executives.
13 hrs 15 mins ago
Hot dogs vs deli meat; rising costs shape choices at Walmart
Walmart reported better-than-expected second quarter results as more Americans looked to cut costs on groceries at the nation’s largest retailer in the face of surging inflation.
14 hrs 5 mins ago
How Inflation Reduction Act Impacts Inflation
Now that the Inflation Reduction Act has been signed into law, many Americans want to know what it means to them. NEWSnet's Business Reporter Andy Hirschfeld has more details.
14 hrs 18 mins ago by Andy Hirschfeld
Biden signs massive climate and health care legislation
President Joe Biden is preparing to sign Democrats’ landmark climate change and health care bill.
15 hrs 40 mins ago
American Airlines places deposit on 20 supersonic planes
American Airlines says it has agreed to buy up to 20 supersonic jets that are still on the drawing board and years away from flying.
16 hrs 39 mins ago
Kraft Heinz recalling contaminated Capri Sun juice pouches
Kraft Heinz is recalling thousands of pouches of Capri Sun after some cleaning solution accidentally mixed with the juice on a production line.
16 hrs 54 mins ago
Buffett's firm buys more Apple shares while betting on oil
Warren Buffett’s company bet more on high-tech darling Apple and e-commerce giant Amazon during the second quarter.
21 hrs 50 mins ago
Walmart deal with Paramount gives members streaming perks
Walmart says it has signed a deal with Paramount Global to offer the entertainment company’s streaming service as a perk to subscribers of the retailer's shipping subscription service.
August 15th, 6:05 PM EDT
Home Depot posts record profit, revenue; sticks to outlook
Home Depot’s sales rose in its fiscal second quarter, buoyed by continued demand for items related to home improvement projects.
August 16th, 7:53 AM EDT
Asian shares mostly higher, echoing Wall Street rebound
Shares are mixed in Asia after China cut a key interest rate and Japan reported its economy expanded at a faster pace in the last quarter.
August 15th, 11:15 PM EDT
Home Builder Confidence Falls
Those in the business of building homes aren't feeling too motivated these days. NEWSnet's Business Reporter Andy Hirschfeld explains why
August 15th, 6:52 PM EDT by Andy Hirschfeld
Starbucks asks labor board to halt union votes temporarily
Starbucks is asking the National Labor Relations Board to suspend all union elections at its U.S. stores in response to allegations of improper coordination between regional NLRB officials and the union.
August 15th, 3:09 PM EDT
Japan economy grows 2.2% in 2Q on revived consumer spending
Japan’s economy grew at an annual rate of 2.2% for the April-June quarter from the previous quarter, as consumer spending rebounded with COVID-19 restrictions getting gradually lifted.
August 15th, 9:45 AM EDT
China cuts interest rate to shore up sagging economy
China’s central bank has trimmed a key interest rate to shore up sagging economic growth at a politically sensitive time when President Xi Jinping is believed to be trying to extend his hold on power.