AP

NEW YORK (AP) — When it comes to meeting Wall Street’s expectations for profit and sales, it’s put-up-or-get-beat-up time for CEOs. It hasn’t happened very often, but when companies have turned in both weaker profits and sales this reporting season than analysts expected, investors have walloped them with record-sized punishments for their stock prices. Google’s…

FRANKFURT, Germany (AP) — Europe could face a severe natural gas shortage next year and needs to act now to reduce use, the International Energy Agency said in a report Thursday, warning against complacency in an energy crisis triggered by Russia’s war in Ukraine after countries were able to build up storage of the fuel…

NAIROBI, Kenya (AP) — The fire burning on Mount Kilimanjaro for almost two weeks has been largely contained after hundreds of military personnel were deployed to help, Tanzania’s prime minister said Thursday. The blaze destroyed 33 square kilometers (nearly 13 square miles) on Africa’s tallest and most famous mountain, Prime Minister Kassim Majaliwa said. The…

WASHINGTON (AP) — The average long-term U.S. mortgage rate dipped back under 7% this week, one day after the Federal Reserve raised its benchmark borrowing rate to its highest level in 15 years as it tries to squelch four-decade high inflation. Mortgage buyer Freddie Mac reported Thursday that the average on the key 30-year rate…

DETROIT (AP) — Stellantis and the U.S. government on Thursday warned owners of 276,000 older vehicles to stop driving them after Takata air bags apparently exploded in three more vehicles, killing the drivers. The company formerly known as Fiat Chrysler is telling people to stop driving Dodge Magnum wagons, Dodge Challenger and Charger muscle cars…

Supply problems have again forced Moderna to delay some COVID-19 vaccine deliveries, a move that surprised Wall Street and contributed to a disappointing third quarter. The vaccine developer said Thursday that short-term issues prompted it to shift some deliveries initially planned for this year into 2023. It now expects 2022 revenue from advance purchase agreements…

KYIV, Ukraine (AP) — Europe’s largest nuclear power plant was relying on emergency diesel generators to run its safety systems Thursday after external power from the Ukrainian electric grid was again cut off, Ukrainian and U.N. officials reported. Fighting in Ukraine has repeatedly damaged power lines and electrical substations that the Zaporizhzhia Nuclear Power Plant…

WASHINGTON (AP) — Applications for jobless benefits fell slightly last week with the U.S. job market remaining resilient in the face of rising interest rates and persistent inflation. Unemployment claims for the week ending Oct. 29 fell by 1,000 to 217,000 from 218,000 the previous week, the Labor Department reported Thursday. The four-week moving average…

RIO DE JANEIRO (AP) — In the run-up to Brazil’s presidential election, many feared a narrow result would be contested and spell the death knell for Latin America’s largest democracy. So far, however, the worst fears have been averted, despite a nail-biting victory for former leftist President Luiz Inácio Lula da Silva over far-right incumbent…