Akasa Air buys engines worth $4.5 billion for new 737 Maxs
DUBAI, United Arab Emirates — India’s startup Akasa Air announced today it had chosen CFM International’s LEAP-1B turbofan engines to power its newly bought Boeing…
AP Wire
Christmas stretch: UK inflation highest in nearly a decade
LONDON — Consumer prices in the United Kingdom surged at the fastest rate in nearly a decade in October amid soaring energy costs, official figures…
Target: Fiscal Q3 earnings snapshot
MINNEAPOLIS — Target Corp. today reported fiscal third-quarter earnings of $1.49 billion. On a per-share basis, the company said it had profit of $3.04. Earnings,…
Lowe’s: Fiscal Q3 earnings snapshot
MOORESVILLE, N.C. — Lowe’s Cos. today reported fiscal third-quarter profit of $1.9 billion. On a per-share basis, the company said it had net income of…
Shoe Carnival: Fiscal Q3 earnings snapshot
EVANSVILLE, Ind. — Shoe Carnival Inc. today reported profit of $46.8 million in its fiscal third quarter. The company said it had profit of $1.64…
Biden pushes electric vehicle chargers as energy costs spike
WASHINGTON — President Joe Biden is highlighting billions of dollars in his giant bipartisan infrastructure deal to pay for the installation of electric vehicle chargers…
Xi-Biden talks raise hope for better ties but strains remain
BEIJING — China on Tuesday welcomed a virtual meeting between President Xi Jinping and U.S. President Joe Biden as raising hopes for better relations, while…
Wall Street opening slightly higher; Home Depot up 4%
BEIJING — Stocks are opening slightly higher on Wall Street today led by gains in the consumer discretionary sector. Home Depot is leading the S&P…
Xi-Biden talks raise hope for better ties but strains remain
BEIJING (AP) — China on Tuesday welcomed a virtual meeting between President Xi Jinping and U.S. President Joe Biden as raising hopes for better relations,…
U.S. industrial production rebounded 1.6% in October
WASHINGTON — U.S. industrial production rebounded in October as automakers, stung by supply chain problems, posted a strong increase and the adverse effects from Hurricane…