Why US hiring could rebound faster than you might expect
WASHINGTON — Hiring has weakened for six straight months. Nearly 10 million jobs remain lost since the coronavirus struck. And this week, the Congressional Budget…
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Anheuser-Busch investing $1 billion to modernize US facilities
Anheuser-Busch said today it’s investing $1 billion during the next two years to modernize its U.S. facilities. Nearly half that amount will go to the…
GSK, CureVac to make COVID-19 vaccines aimed at new variants
LONDON — Drugmaker GlaxoSmithKline said today it will work with a German biopharmaceutical company to develop new vaccines targeting emerging variants of COVID-19 amid concerns…
UK-EU talks aim to defuse Brexit tensions over N Ireland
LONDON — Senior politicians from Britain, Northern Ireland and the European Union were meeting today in a bid to defuse post-Brexit trade tensions that have…
GameStop’s stupefying stock rise doesn’t hide its reality
NEW YORK — Behind GameStop’s stock surge is the grim reality of its prospects: The video game retailer is floundering even as the industry around…
Sony: Fiscal 3rd quarter earnings snapshot
TOKYO — Sony Corp. today reported fiscal third-quarter earnings of $3.56 billion. The company said it had profit of $2.85 per share. Earnings, adjusted for…
Peosta receives grant to help create economic development organization
PEOSTA, Iowa — Peosta recently received a grant to help coordinate future planning and create an economic development organization. The city received a $5,000 Power…
COVID-19 struggles affect Dyersville restaurants as 2nd eatery announces closure in 2021
DYERSVILLE, Iowa — Another Dyersville eatery soon will close its doors permanently. Joe’s 2nd St. Diner, 131 Second St. NE, will close after Feb. 14,…
Exxon clamps down on spending, 4Q revenue nearly flat
With all of the challenges of 2020, ExxonMobil focused on clamping down on expenses and managed to bring its full-year spending down nearly $10 billion…
Tesla to fix touch screens, ending spat with US regulators
DETROIT (AP) — After initially refusing a request from U.S. safety regulators, Tesla has now agreed to recall about 135,000 vehicles because the large touch…