Developing nations seek to overcome energy, currency crises
DHAKA, Bangladesh (AP) — Business leaders and officials from eight developing nations meeting in Bangladesh on Tuesday said more cooperation…
AP
McDonald’s posts lower Q2 revenue, charges weigh down profit
McDonald’s revenue fell short of expectations in the second quarter as coronavirus restrictions shuttered stores in China and higher prices…
Coke revenue rises along with prices; ups outlook for 2022
The Coca-Cola Co. posted strong sales in the second quarter due to price increases and rising demand from restaurants, theme…
Oil-funded Rockefeller Foundation centers fight for climate
NEW YORK (AP) — The Rockefeller Foundation, created with wealth generated from the oil industry more than a century ago,…
German strike forces Lufthansa to cancel hundreds of flights
BERLIN (AP) — Lufthansa says it will have to cancel almost all flights at its main Frankfurt and Munich hubs…
Hobbled by chip, other shortages, GM profit slides 40% in Q2
DETROIT (AP) — General Motors’ second-quarter net income fell 40% from a year ago as computer chip and parts shortages…
Asian stocks follow Wall Street ahead of likely US rate hike
BEIJING (AP) — Asian stock markets followed Wall Street lower Wednesday as traders prepared for a possible sharp interest rate…
Alibaba to seek primary listing in Hong Kong, adding to NYSE
HONG KONG (AP) — Alibaba, the world’s biggest e-commerce company by sales, announced plans Tuesday to change the status of…
Budget airline Allegiant cuts profit outlook on rising costs
LAS VEGAS (AP) — Shares of Allegiant Air’s parent company tumbled in after-hours trading Monday after the budget airline gave…
Walmart cuts profit outlook as shoppers adapt to inflation
NEW YORK (AP) — Walmart Inc. on Monday lowered its profit outlook for the second quarter and the full year,…