BP sells petrochemicals arm to Ineos for $5 billion
LONDON — Oil and gas company BP has sold its global petrochemicals business to Ineos for $5 billion, part of its plan to shift activities…
Articles by biztimes
CORRECTED: Biz Buzz: Longtime jewelry store closing; sandwich chain eyes Dubuque; software company makes acquisition
CORRECTION: An earlier version of this story incorrectly laid out the ownership of The Jewelry Box. Biz Buzz shares business tidbits from around the tri-states…
Your money: Here are things to consider if your company is cutting your 401(k) match
The economic upheaval witnessed in 2020 could shake up things even more when it comes to 401(k) plans. A small group of employers, including many…
Week in review: Notable local stories from the past 7 days
Dubuque County records 35 new COVID-19 cases Dubuque County saw a record-breaking increase in confirmed COVID-19 cases on Tuesday as officials announced that 24 Dubuque…
FCC to vote in July to make ‘988’ the suicide hotline number
Federal regulators will vote in July on whether to make “988” the number to reach a suicide prevention hotline. The Federal Communications Commission says phone…
US new home sales rise surprisingly strong 16.6% in May
WASHINGTON — Sales of new homes rose a surprisingly strong 16.6% in May with the reopening of major parts of the country potentially fueling activity…
Experts: German economy won’t fully rebound before 2022
FRANKFURT, Germany — German economic experts say output won’t completely bounce back to pre-virus levels until 2022 after a sharp plunge of 6.5% this year,…
Ex-CEO of Wirecard arrested in case over missing billions
BERLIN — The former CEO of German payment service provider Wirecard has been arrested, accused of inflating the company’s balance sheet in an accounting scandal…
Starbucks adds plant-based meat to U.S. menu
Starbucks is adding plant-based meat to its U.S. menu for the first time. The Seattle-based coffee chain said today that a breakfast sandwich made with…
EU urges China to move on trade, back off in Hong Kong
BRUSSELS — Top European Union officials today pressed China’s leaders to open the country’s markets further to European companies, show stronger leadership in reforming world…