US economy slipped 1.6% to start year; return to growth eyed
WASHINGTON — The U.S. economy shrank at a 1.6% annual pace in the first three months of the year even though consumers and businesses kept…
AP Wire
Bed Bath & Beyond: Fiscal Q1 earnings snapshot
UNION, N.J. — Bed Bath & Beyond Inc. today reported a loss of $357.7 million in its fiscal first quarter. On a per-share basis, the…
General Mills: Fiscal Q4 earnings snapshot
MINNEAPOLIS — General Mills Inc. today reported fiscal fourth-quarter earnings of $822.8 million. On a per-share basis, the company said it had profit of $1.35….
US consumers less confident as anxiety over future grows
WASHINGTON — U.S. consumers were less confident again in June as persistent inflation and rising interest rates have Americans as pessimistic as they’ve been about…
Climate change means more mice, demand for pest control
INDIANAPOLIS — At her home in Rockford, Ill., Rita Davisson said the “one or two” mice she normally sees during the waning winter months “have…
G-7 leaders end summit pledging to hurt Russia economically
ELMAU, Germany — Leaders of the world’s wealthiest democracies struck a united stance to support Ukraine for “as long as it takes” as Russia’s invasion…
Ford recalls nearly 2,900 electric F-150 Lightnings over tire pressure issue
Ford Motor Co. is recalling nearly 2,900 all-electric F-150 Lightning trucks over an issue with a tire pressure monitoring system that the automaker says can…
Europe’s central bank ready to ‘stamp out’ surging inflation
SINTRA, Portugal — The head of the European Central Bank said today that it will move gradually to combat soaring consumer prices with interest rate…
EXPLAINER: How a G-7 ban on Russian gold would work
WASHINGTON — Russia appears to have defaulted on its foreign debt for the first time since the 1917 Bolshevik Revolution, and the U.S. and its…
GE CEO Culp to lead company’s aviation unit
General Electric Chairman and CEO Larry Culp is taking on the additional role as the top executive at the company’s aviation business. Culp eight months…