Stellantis, Controlled Thermal in lithium hydroxide deal
Automaker Stellantis has reached a deal to have Controlled Thermal Resources Ltd. supply battery-grade lithium hydroxide for its electric vehicles in North America. CTR will…
AP Wire
Red-hot summer job market awaits US teens as employers sweat
WASHINGTON (AP) — Mary Jane Riva, CEO of the Pizza Factory, has a cautionary message for her customers this summer: Prepare to wait longer for…
Fewer Americans apply for unemployment benefits last week
WASHINGTON (AP) — Fewer Americans applied for jobless aid last week with the number of Americans collecting unemployment at historically low levels. Applications for unemployment…
OPEC+ alliance boosts oil production as energy prices soar
LONDON (AP) — The OPEC oil cartel and allied producing countries including Russia will raise production by 648,000 barrels per day in July and August,…
Lands’ End: Fiscal Q1 earnings snapshot
DODGEVILLE, Wis. — Lands’ End Inc. today reported a fiscal first-quarter loss of $2.4 million, after reporting a profit in the same period a year…
Hormel: Fiscal Q2 earnings snapshot
AUSTIN, Minn. — Hormel Foods Corp. today reported fiscal second-quarter profit of $261.6 million. The company said it had net income of 48 cents per…
China demands US stop trade talks with Taiwan
BEIJING — China’s government today accused Washington of jeopardizing peace after U.S. envoys began trade talks with Taiwan aimed at deepening relations with the self-ruled…
US job openings decline from record level but remain high
WASHINGTON (AP) — The white-hot demand for U.S. workers cooled a bit in April, though the number of unfilled jobs remains high and companies are…
EXPLAINER: Effects of EU Russia oil ban, Moscow’s response
THE HAGUE, Netherlands — The European Union has agreed to slash Russian oil imports in a tough escalation of the bloc’s campaign of sanctions to…
Biden to meet with baby formula makers on easing shortage
WASHINGTON — President Joe Biden is set to meet with infant formula manufacturers as his administration works to ease nationwide shortages by importing foreign supplies…