Kellogg: Q2 earnings snapshot
BATTLE CREEK, Mich. — Kellogg Co. today reported second-quarter net income of $326 million. On a per-share basis, the company said it had net income…
AP Wire
‘Stray’ cat video game brings some benefits to real cats
NEW YORK — The virtual cat hero from the new video game sensation “Stray” doesn’t just wind along rusted pipes, leap over unidentified sludge and…
Bank of England raises rates by half-point to tame inflation
LONDON — The Bank of England raised interest rates by half a percentage point today, marking its biggest interest rate increase in more than 27…
Toyota profit down as chips shortage keeps customers waiting
TOKYO — Toyota’s profit fell nearly 18% in the April-June quarter from the year before, as a semiconductor shortage that has slammed the auto industry…
Analysis: How the climate deal would help farmers aid the environment
ST. LOUIS — The climate deal reached last week by Senate Democrats could reduce the amount of greenhouse gases that American farmers produce by expanding…
OPEC+ boosts oil output by slower pace than previous months
The OPEC oil cartel and its allies decided today to boost production in September by a much slower pace than in previous months at a…
New crypto oversight legislation arrives as industry craters
WASHINGTON — A bipartisan group of senators today proposed a bill to regulate cryptocurrencies, the latest attempt by Congress to formulate ideas on how to…
Growing prescriptions help push CVS past Q2 expectations
CVS Health thumped second-quarter expectations and hiked its full-year forecast as growing prescription claims and COVID-19 test kits sales countered a drop in vaccinations. A…
Sri Lanka leader proposes 25-year plan for crisis-hit nation
COLOMBO, Sri Lanka — Sri Lanka’s new president said today that his government is preparing a national policy roadmap for the next 25 years that…
Inflation weighs on back-to-school buying for many families
NEW YORK — To understand the impact of surging inflation on this year’s back-to-school spending, look no further than children’s rain boots with motifs like…