Wall Street drifts as stock rally takes a pause; yields drop
NEW YORK — U.S. stocks are drifting between small gains and losses today as Wall Street takes a pause following its big rally over the…
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Ford CEO Hackett to retire, COO Jim Farley to lead automaker
DETROIT — Ford Chief Operating Officer Jim Farley will lead the storied automaker into the future starting Oct. 1 when current CEO Jim Hackett retires….
EU regulators investigate Google’s plan to buy Fitbit
LONDON — European Union regulators say they’re opening an in-depth investigation into U.S. tech giant Google’s plan to buy fitness tracking device maker Fitbit The…
Researchers say UK faces a Brexit brain drain to the EU
LONDON — The number of Britons moving to European Union countries soared after the Brexit vote in 2016, according to a U.K.-German study released today…
Honda recalls 1.6 milliom vans and SUVs in 4 US recalls
DETROIT — Honda is recalling over 1.6 million minivans and SUVs in the U.S. to fix problems that include faulty backup camera displays, malfunctioning dashboard…
Sony: Fiscal 1st quarter earnings snapshot
TOKYO — Sony Corp. today reported fiscal first-quarter profit of $2.17 billion. On a per-share basis, the company said it had profit of $1.74. The…
No masks, no distance: Pandemic wedding horrors for vendors
NEW YORK — Wedding planners, photographers and other bridal vendors who make the magic happen have a heap of new worries in the middle of…
BP to cut dividends as it prepares for fossil fuel decline
LONDON — BP plc said today it plans to slash dividends as the global oil company prepares for declining sales of fossil fuels by boosting…
Sony’s profit up as people staying home play video games
TOKYO — Japanese electronics and entertainment company Sony Corp. said today that its April-June profit jumped 53% as its video game and other online businesses…
Google buys $450M stake in ADT to give Nest a new perch
SAN RAMON, Calif. (AP) — Google is paying $450 million for a nearly 7% stake in longtime home and business security provider ADT Inc., a…