Forbes Said To Explore Sale – NYT
(Reuters) – Media firm Forbes is exploring a sale of its business at a price of at least $630 million,…
2022
Ferrari earnings up 22% on surging deliveries to Americas
MILAN (AP) — Luxury Italian automaker Ferrari raised its 2022 forecast Tuesday after reporting a 22% increase in second-quarter earnings…
JetBlue posts Q2 loss as fuel costs offset rising revenue
NEW YORK (AP) — JetBlue Airways lost $188 million in the second quarter, as fuel costs nearly tripled and wiped…
Horror Author Stephen King Says Writers Hurt By Book Publishing Mergers
By Diane Bartz WASHINGTON (Reuters) -Horror author Stephen King said writers will have fewer places to shop their books if…
Mexico Anti-inflation Subsidies Come With $28 Billion Price Tag
MEXICO CITY (Reuters) – Subsidies from the Mexican government to combat rising inflation in the country have cost some 575…
British Airways pauses short-haul flight sales from Heathrow
LONDON (AP) — British Airways said Tuesday that it’s suspending sales of short-haul flights from London’s Heathrow Airport, a response…
U.S. job openings slid to 10.7 million in June
WASHINGTON (AP) — American employers posted fewer job openings in June as the economy contends with raging inflation and rising…
Saudi Arabia Sets Up Investment Promotion Agency
DUBAI (Reuters) – Saudi Arabia has set up an agency to promote investment in the country, a key goal of…
Italy’s Communication Authority Fines Google Over Gambling Advertising
MILAN (Reuters) – Italy’s communication authority said on Tuesday it had fined tech giant Google, owned by parent company Alphabet,…
HSBC Hard Sells Growth Plan To Disgruntled Investors After Rebuffing Breakup
By Selena Li and Anshuman Daga HONG KONG/SINGAPORE (Reuters) – A day after rebuffing a break-up plan by its top…