Asian shares rise on optimism on economic data, earnings
TOKYO (AP) — Asian shares mostly rose Thursday as investors welcomed encouraging economic data and quarterly earnings reports from big…
AP
Robinhood cuts 23% of its workforce as fewer users trade
NEW YORK (AP) — Robinhood Markets said Tuesday it’s cutting nearly a quarter of its workforce, as crashing cryptocurrency prices…
Elon Musk’s tech allies miffed about Twitter subpoenas
SAN FRANCISCO (AP) — Elon Musk’s wealthy high tech allies don’t seem too happy about receiving subpoenas from Twitter as…
Rent-A-Center settles alleged California overpricing dispute
SACRAMENTO, Calif. (AP) — Rent-A-Center, one of the nation’s largest rent-to-own companies, will pay $15.5 million to settle California’s allegations…
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…
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…
Caterpillar posts second-quarter earnings of $1.67 billion.
DEERFIELD, Ill. (AP) — Caterpillar had a strong second quarter and topped most profit expectations, though margins slipped. The manufacturer…
US ambassador to Japan warns of Chinese economic coercion
TOKYO (AP) — The United States is working with Japan and other likeminded countries to counter China’s efforts to use…