Hershey: Q2 earnings snapshot
HERSHEY, Pa. — Hershey Co. today reported second-quarter profit of $315.6 million. The company said it had profit of $1.53 per share. Earnings, adjusted for…
AP Wire
JetBlue buys Spirit for $3.8 billion
JetBlue is buying Spirit Airlines for $3.8 billion, creating the nation’s fifth largest airline. The agreement today comes a day after Spirit’s attempt to merge…
Fed unleashes another big rate hike in bid to curb inflation
WASHINGTON — The Federal Reserve on Wednesday raised its benchmark interest rate by a hefty three-quarters of a point for a second straight time in…
Report: Federal debt lower in 2022; poised to climb
The Congressional Budget Office said today that the end of pandemic-era spending, fast economic growth and higher tax revenues have caused the federal debt this…
Spirit Airlines shareholders face much-delayed merger vote
Spirit Airlines shareholders could pick a preferred buyer for their airline today, as they voted on one of the offers for the budget carrier. Shareholders…
DOJ: Warren Buffett’s mortgage company redlined in Philly
NEW YORK — A Pennsylvania mortgage company owned by billionaire businessman Warren Buffett’s Berkshire Hathaway discriminated against potential Black and Latino homebuyers in Philadelphia, New…
China rejects report it tried to obtain Federal Reserve data
BEIJING — China’s government today rejected as a “political lie” a report by The Wall Street Journal that Beijing tried to recruit informants in the…
Boeing reports Q2 profit but misses Wall Street expectations
Boeing Co. reported a $193 million profit for shareholders in the second quarter, but the results fell short of Wall Street targets for earnings and…
Big pink diamond discovered in Angola, largest in 300 years
JOHANNESBURG (AP) — A big pink diamond of 170 carats has been discovered in Angola and is claimed to be the largest such gemstone found…
Sherwin-Williams: Q2 earnings snapshot
CLEVELAND — Sherwin-Williams Co. today reported second-quarter earnings of $577.9 million. The company said it had net income of $2.21 per share. Earnings, adjusted for…