Davos Voices: What leaders say about climate change, war
DAVOS, Switzerland (AP) — Corporate buzzwords. Technical jargon. Bold but vague pronouncements about climate change and Russia’s war in Ukraine….
2022
Fewer Americans apply for jobless benefits last week
WASHINGTON (AP) — Fewer Americans applied for jobless aid last week with the number of Americans collecting unemployment benefits already…
US economy shrank by 1.5% in Q1 but consumers kept spending
WASHINGTON (AP) — The U.S. economy shrank in the first three months of the year even though consumers and businesses…
Macy’s raises annual profit outlook on strong Q1 results
NEW YORK (AP) — Shoppers’ return to occasion dressing helped to power Macy’s fiscal first-quarter results, and the department store…
Big tech deals keep coming: Broadcom buys VMware for $61B
Computer chip and software maker Broadcom will spend about $61 billion to acquire the cloud technology company VMware, one of…
Turkish central banks keeps rate at 14% despite inflation
ISTANBUL (AP) — Turkey’s central bank kept its main interest rate unchanged for a fifth month running on Thursday despite…
As CEO pay grows even bigger, so does its complexity
NEW YORK (AP) — CEO pay is a tricky thing to explain. Within the eight- and even nine-figure sums trumpeted…
CEO pay rose 17% in 2021 as profits soared; workers trailed
NEW YORK (AP) — Even when regular workers win their biggest raises in decades, they look minuscule compared with what…
Chipmaker Broadcom To Buy Cloud Services Firm VMware In $61 Billion Deal
(Reuters) -Broadcom Inc said on Thursday it will acquire cloud computing company VMware Inc in a $61 billion cash-and-stock deal,…
UK touts help for energy bills; seeks to forget ‘partygate’
LONDON (AP) — Britain’s Conservative government unveiled a 15 billion pound ($19 billion) emergency aid package Thursday to ease a…