FDA issues plan to ban menthol in cigarettes, cigars
WASHINGTON — The U.S. government on Thursday released its long-awaited plan to ban menthol cigarettes and flavored cigars, citing the toll on Black smokers and…
AP Wire
Yellen says more shocks likely to ‘challenge the economy’
WASHINGTON — Treasury Secretary Janet Yellen said today the global pandemic and Russia’s invasion of Ukraine highlight the possibility of big economic shocks in the…
Fewer Americans file for jobless claims last week
WASHINGTON — The number of Americans applying for unemployment benefits fell again last week with numbers at historically low levels. Jobless claims in the U.S….
US economy shrinks, threats loom, but growth likely to last
WASHINGTON (AP) — The U.S. economy shrank in the first three months of the year, and faces threats from high inflation and rising interest rates,…
MidWestOne: Q1 earnings snapshot
IOWA CITY — MidWestOne Financial Group Inc. today reported first-quarter net income of $13.9 million. The bank said it had earnings of 88 cents per…
Caterpillar sales rise in 1Q on continued equipment demand
Caterpillar’s first-quarter sales climbed with demand for construction equipment surging in the face of supply chain challenges that continue to plague businesses from car and…
Twitter, in possibly last quarterly report, sees user growth
LONDON (AP) — Twitter’s quarterly profit, revenue and the number of daily users on its platform are rising but its quarterly report, released days after…
Surging sales at McDonald’s offsets trouble in China, Russia
Higher U.S. menu prices and easing COVID-19 restrictions elsewhere helped McDonald’s offset troubled markets like China and Russia in the first quarter. Revenue rose 11%…
MasterCard: Q1 Earnings Snapshot
PURCHASE, N.Y. — MasterCard Inc. today reported first-quarter net income of $2.63 billion. The company said it had profit of $2.68 per share. Earnings, adjusted…
Moderna seeks to be 1st with COVID shots for littlest kids
Moderna today asked U.S. regulators to authorize low doses of its COVID-19 vaccine for children younger than 6, a long-awaited move toward potentially opening shots…