Target trims holiday hiring goals
NEW YORK (AP) — Target will hire fewer seasonal workers this year, instead offering more hours and flexibility to the employees it does have. About…
AP Wire
Bank of England keeps rates on hold, warns over inflation
LONDON — The Bank of England kept its main interest rate at the record low of 0.1% while warning today that inflation is set to…
US jobless claims tick up from near a pandemic low
WASHINGTON (AP) — The number of Americans applying for unemployment aid rose last week for a second straight week to 351,000, a sign that the…
Once-hot SPAC investments return to earth
NEW YORK — The spectacular run for the investing phenomenon known as SPACs, once the hottest thing on Wall Street, has fizzled so much that…
Darden Restaurants: Fiscal Q1 earnings snapshot
ORLANDO, Fla. — Darden Restaurants Inc. today reported fiscal first-quarter profit of $230.9 million. The company said it had net income of $1.75 per share….
China’s Ant Group shares credit data with central bank
BEIJING — China’s central bank will soon have access to private credit information of hundreds of millions of users of Ant Group’s online credit service,…
One to charge them all: EU demands single plug for phones
LONDON (AP) — The European Union announced plans Thursday to require the smartphone industry to adopt a uniform charging cord for mobile devices, a push…
Fed foresees a potential rate hike as soon as next year
WASHINGTON — The Federal Reserve signaled today that it might start raising its benchmark interest rate sometime next year, earlier than it envisioned three months…
DraftKings makes $22.4 billion bid for UK’s Entain
The British betting company Entain has confirmed a takeover bid worth about $22.4 billion (16.4 billion pounds) from DraftKings as online gambling companies seek inroads…
Apple, Google raise new concerns by yanking Russian app
BERKELEY, Calif. — Big Tech companies that operate around the globe have long promised to obey local laws and to protect civil rights while doing…