PepsiCo: Q3 earnings snapshot
PURCHASE, N.Y. — PepsiCo Inc. today reported third-quarter net income of $2.7 billion. On a per-share basis, the company said it had profit of $1.95….
AP Wire
Honda, LG to build $3.5 billion battery plant, hire 2,200 in Ohio
COLUMBUS, Ohio — Honda says it will build a $3.5 billion joint-venture battery factory in rural southern Ohio and hire 2,200 people to staff it…
Labor proposal could upend rules for gig workers, companies
The U.S. Department of Labor has published a new proposal on how workers should be classified saying that thousands of people have been incorrectly labeled…
General Motors broadens electric goals with new division
General Motors, which plans to go almost entirely electric by 2035, is creating a new energy division that will produce chargers for electric vehicles, as…
IMF dims outlook for 2023 global economy amid Ukraine war
WASHINGTON — The International Monetary Fund is downgrading its outlook for the world economy for 2023, citing a long list of threats that include Russia’s…
Japanese automaker Nissan says it is pulling out of Russia
TOKYO — Japanese automaker Nissan Motor Co. said today that it plans to sell its Russian operations to its local partner and withdraw from manufacturing…
High court weighs California law on pigs, pork prices
WASHINGTON (AP) — The Supreme Court is weighing a California animal cruelty law that pork producers say could upend their industry and raise the cost…
Bank of England expands efforts to stabilize bond market
LONDON — The Bank of England today expanded its efforts to stabilize the bond market to include inflation-linked bonds amid continuing concerns about the government’s…
Small business group files suit over Biden student loan plan
WASHINGTON (AP) — A small-business advocacy group has filed a new lawsuit seeking to block the Biden administration’s efforts to forgive student loan debt for…
Century-old nonprofit Goodwill on taking thrifting online
NEW YORK — Goodwill is expanding its online presence, promising high tech features from digitized receipts to personalized alerts. The 120-year-old Maryland-based nonprofit organization this…