AmEx 2Q profits fall 14% despite higher cardmember spending
NEW YORK (AP) — American Express’ profits fell 14% in the second quarter, the company said Friday, as higher expenses…
July 22, 2022
Twitter Blames Musk, Weak Ad Market For Drop In Revenue
(Reuters) -Twitter Inc on Friday blamed its ongoing battle to close its $44-billion acquisition by Elon Musk and a weakening…
Twitter, in Musk fight, posts surprising drop in revenue
LONDON (AP) — Twitter reported a quarterly loss Friday and declining revenue caught Wall Street off guard with the number…
British Airways Workers At Heathrow Call Off Strike, Vote To Accept New Pay Deal
LONDON (Reuters) -Hundreds of British Airways workers at London’s Heathrow airport voted on Friday to call off strike action after…
Germany’s Uniper Gets 15 Billion Eur State Bail-out To Avert Collapse
FRANKFURT/HELSINKI (Reuters) -Uniper on Friday received 15 billion euros ($15.2 billion) in guarantees and equity as the German government stepped…
German government agrees on bailout for energy supplier
BERLIN (AP) — The German government will take a roughly 30% stake in energy supplier Uniper as part of a…
Uniper’s Finnish Parent Fortum Agrees To Germany’s Bailout Deal – Sources
FRANKFURT (Reuters) -Uniper, Finnish parent Fortum and their governments have agreed in principle on a bailout for the German gas…
S.Korean Shipyard Workers Reach Tentative Deal To End Strike
By Byungwook Kim and Heekyong Yang SEOUL (Reuters) -South Korean contract workers have tentatively agreed to end their strike at…
Santander Drops Out Of Citibanamex Sale Process
By Jesús Aguado and Inti Landauro MADRID (Reuters) -Santander has dropped out of the process to buy Citigroup’s Mexican retail…
Slump for tech chops off chunk of Wall Street’s winning week
NEW YORK (AP) — Stocks slipped Friday, giving back some of their gains from earlier in the week as worries…