MacKenzie Scott gives $39 million to Junior Achievement USA
Billionaire philanthropist MacKenzie Scott donated $38.8 million to Junior Achievement USA and 26 local operations — the largest single gift in its 103-year history —…
AP Wire
American Airlines places deposit on 20 supersonic planes
DALLAS — American Airlines has agreed to buy up to 20 supersonic jets and put down a non-refundable deposit on the planes that are on…
Walmart tops Q2 expectations as Americans continue spending
NEW YORK — Walmart reported better-than-expected second quarter results as more Americans looked to cut costs on groceries at the nation’s largest retailer in the…
Home Depot posts record profit, revenue; sticks to outlook
Home Depot is seeing sustained demand for goods related to home improvement projects despite soaring prices and mortgage rates for homes. Despite record profit and…
Europe drought: German industry at risk as Rhine falls
BERLIN — Germany’s main industry lobby group warned today that factories might have to throttle production or halt it completely because plunging water levels on…
Norway hits export record amid soaring gas prices
STOCKHOLM — Norway’s exports reached a record in July, driven mainly by higher natural gas prices. The Scandinavian country’s statistics agency today said Norwegian exports…
Japan economy grows 2.2% in 2Q on revived consumer spending
TOKYO — Japan’s economy grew at an annual rate of 2.2% in the April-June quarter, the government said today, as consumer spending rebounded with the…
China cuts interest rate to shore up sagging economy
BEIJING — China’s central bank trimmed a key interest rate today to shore up sagging economic growth at a politically sensitive time when President Xi…
Warren Buffett’s company has bet over $45 billion on the oil sector
OMAHA, Neb. — Warren Buffett’s company has bought up more than $11 billion worth of Occidental Petroleum stock this year, giving Berkshire Hathaway control of…
Russia curtails oil shipments to central Europe
Several countries in Europe dependent on Russian energy suffered another with confirmation today that oil shipments have stopped through a critical pipeline. Russian state pipeline…