Ford, GM profits fall as sales drop due to chip shortage
DETROIT — The global computer chip shortage cut into third-quarter profits at both Ford and crosstown rival General Motors, with both companies having to temporarily…
AP Wire
UK Treasury chief hails economic rebound from pandemic
LONDON — Britain’s Treasury chief Rishi Sunak is painting a relatively rosy picture of the state of the British economy following the country’s deepest recession…
“Buy it when you see it.” Retailers dread holiday shortages
NEW YORK — The Perfect Pigg, a gift shop owned by Ginger Pigg, is the go-to place for residents of Cumming, Ga., to pick up…
US consumer confidence rebounds in October after 3 declines
SILVER SPRING, Md. — U.S. consumer confidence rose in October after three straight declines as the public’s anxiety about the delta variant of the coronavirus…
“Buy it when you see it.” Retailers dread holiday shortages
NEW YORK (AP) — The Perfect Pigg, a gift shop owned by Ginger Pigg, is the go-to place for residents of Cumming, Georgia, to pick…
U.S. home prices surged in August at near-record pace
WASHINGTON — U.S. home prices jumped in August by a near-record amount from a year earlier, as Americans eager to buy a home drove up…
Higher shipping rates help UPS as Q3 results top Street
ATLANTA — UPS’ third-quarter results beat analysts’ expectations, as consumers are paying higher rates to have the package delivery company fulfill their shipping needs. Shares…
ADM: Q3 earnings snapshot
CHICAGO — Archer Daniels Midland Co. today reported third-quarter earnings of $526 million. The Chicago-based company said it had profit of 93 cents per share….
Sherwin-Williams: Q3 earnings snapshot
CLEVELAND — Sherwin-Williams Co. today reported third-quarter net income of $502.2 million. On a per-share basis, the Cleveland-based company said it had net income of…
GE: Q3 earnings snapshot
BOSTON — General Electric Co. today reported third-quarter net income of $1.26 billion, after reporting a loss in the same period a year earlier. The…