Hibbett: Fiscal Q1 earnings snapshot
BIRMINGHAM, Ala. — Hibbett, Inc. today reported fiscal first-quarter earnings of $39.3 million. The Birmingham, Alabama-based company said it had profit of $2.89 per share….
AP Wire
US Census Bureau: Big city losses early in COVID pandemic
Ko Im always thought she would live in New York forever. She knew every corner of Manhattan and had worked hard to build a community…
Thai leader: Asia is gaining strategic, economic importance
TOKYO — Thai Prime Minister Prayuth Chan-ocha said today that a new U.S.-backed economic pact is further proof of how important and relevant Asia is…
Davos ends with Germany pushing global work on climate, war
DAVOS, Switzerland (AP) — German Chancellor Olaf Scholz expressed hopes Thursday for global cooperation on climate change, hunger and war, while dozens of climate activists…
Alibaba reports slowest growth yet amid COVID-19 outbreaks
HONG KONG — Alibaba Group Holding Ltd. today reported a single-digit increase in its fourth-quarter revenue, its slowest quarter yet as its online services and…
US economy shrank by 1.5% in Q1 but consumers kept spending
WASHINGTON — The U.S. economy shrank in the first three months of the year even though consumers and businesses kept spending at a solid pace,…
CEO pay up 17% as profits, stocks soar; workers fall behind
NEW YORK — Even when regular workers win their biggest raises in decades, they look minuscule compared with what CEOs are getting. The typical compensation…
Female CEO’s pay rose 26% in 2021, but ranks remain small
NEW YORK — Pay packages for the women who run S&P 500 companies jumped in 2021 as the economy recovered and stock prices and profits…
Broadcom to buy VMware for $61 billion in big tech tie-up
Computer chip and software maker Broadcom will spend about $61 billion to acquire the cloud technology company VMware, one of the biggest deals of the…
Japan’s troubled Toshiba proposes outside directors to board
TOKYO — Troubled Japanese technology giant Toshiba announced some additions to its proposed leadership today, ahead of a shareholders’ meeting next month. Toshiba Corp. said…