Verizon: Q4 earnings snapshot
NEW YORK — Verizon Communications Inc. today reported fourth-quarter net income of $4.61 billion. On a per-share basis, the company said it had profit of…
AP Wire
3M: Q4 earnings snapshot
ST PAUL, Minn. — 3M Co. today reported fourth-quarter profit of $1.34 billion. The company said it had profit of $2.31 per share. The results…
GE: Q4 earnings snapshot
BOSTON — General Electric Co. today reported a fourth-quarter loss of $3.84 billion, after reporting a profit in the same period a year earlier. On…
Ukrainian leaders: Stay calm, Russian invasion not imminent
KYIV, Ukraine (AP) — Ukraine’s leaders sought Tuesday to reassure the nation that an invasion from neighboring Russia was not imminent, even as they acknowledged…
Dow drops 1,000 points as markets extend slide in 2022
NEW YORK — The Dow Jones Industrial Average dropped more than 1,000 points today as financial markets buckled in anticipation of inflation-fighting measures from the…
EXPLAINER: Why are oil prices high, and any relief in sight?
NEW YORK — Anyone who’s bought food, paid rent or looked for a used car recently has come up against the billowing inflation that has…
Fed to signal rate hike as it launches risky inflation fight
WASHINGTON — With inflation punishing consumers and threatening the economy, the Federal Reserve this week will likely signal its intent to begin raising interest rates…
Kohl’s confirms approach about potential acquisition
NEW YORK — Kohl’s confirmed that it has been approached about a possible sale of the department store chain, sending shares up more than 30%…
Shareholder wants Peloton to consider selling the company
Activist investor Blackwells Capital is asking Peloton to remove CEO John Foley and consider selling the company just a few days after a media report…
Justices to hear challenge to race in college admissions
The conservative-dominated Supreme Court today agreed to hear a challenge to the consideration of race in college admissions, adding another blockbuster case to a term…