Altria’s $13B investment in Juul e-cigarettes vaporizes
WASHINGTON (AP) — Cigarette maker Altria’s $13 billion investment in the troubled vaping company Juul has gone up in smoke…
AP
JetBlue is buying Spirit for $3.8 billion after bidding war
JetBlue Airways is buying Spirit Airlines for $3.8 billion in a deal that could increase competition at the top end…
Shell posts record earnings again as energy prices soar
LONDON (AP) — Shell posted record profits Thursday for a second straight quarter as the energy giant benefited from soaring…
US economy shrinks for a 2nd quarter, raising recession fear
WASHINGTON (AP) — The U.S. economy shrank from April through June for a second straight quarter, contracting at a 0.9%…
Nissan’s profits plunge on COVID lockdown, chips crunch
TOKYO (AP) — Japanese automaker Nissan’s profit plunged in the last quarter to less than half of what it was…
Samsung logs 12% profit increase in 2Q on strong chip demand
SEOUL, South Korea (AP) — Samsung Electronics Co. has reported its operating profit rose 12% in the April-June quarter thanks…
Asian shares mostly higher after rally on Wall Street
TOKYO (AP) — Asian shares were mostly higher on Friday following a broad rally on Wall Street, but Hong Kong’s…
Australia forecasts high inflation for another 2 years
CANBERRA, Australia (AP) — Australia’s runaway inflation is forecast to remain too high for the next two years and economic…
Banks far from hitting Paris climate targets, groups warn
The world’s most influential banks need to substantially accelerate climate efforts if global temperature rise is to be kept within…
Hidden Menace: Massive methane leaks speed up climate change
LENORAH, Texas (AP) — To the naked eye, the Mako Compressor Station outside the dusty West Texas crossroads of Lenorah…