Court: U of Iowa must comply with subpoena on utilities deal
IOWA CITY — The University of Iowa must comply with a subpoena from the state auditor that seeks the names of investors in a multibillion-dollar…
AP Wire
TikTok names exec at Chinese parent ByteDance as new CEO
The hit video app TikTok said today that an executive at its Chinese parent company, ByteDance, will now also serve as TikTok CEO. The new…
3D-printed home in Dutch city expands housing options
EINDHOVEN, Netherlands — Elize Lutz and Harrie Dekkers’ new home is a 1,011-square foot two-bedroom bungalow that resembles a boulder with windows. The curving lines…
US wages and benefits jump as economy reopens
WASHINGTON — Wages and benefits grew quickly for U.S. workers in the first three months of the year, a sign that businesses are starting to…
Strong gains in consumer spending and incomes in March
WASHINGTON — U.S. consumer spending rose at the fastest pace in nine months while incomes soared by a record amount in March, reflecting billions of…
Exxon posts $2.7 billion quarterly profit after unprecedented year
NEW YORK — Exxon Mobil reported profits of $2.73 billion in the first quarter, after a tumultuous year led to major spending reductions. The oil…
Europe’s economy shrinks in first quarter as US rolls ahead
FRANKFURT, Germany — Europe’s economy shrank 0.6% in the first three months of the year as slow vaccine rollouts and extended lockdowns delayed a hoped-for…
US recovery from pandemic recession is showing momentum
WASHINGTON — Powered by consumers and fueled by government aid, the U.S. economy is achieving a remarkably fast recovery from the recession that ripped through…
US recovery from pandemic recession is showing momentum
WASHINGTON (AP) — Powered by consumers and fueled by government aid, the U.S. economy is achieving a remarkably fast recovery from the recession that ripped…
Merchants sue Federal Reserve over fees for debit cards
NEW YORK — Two trade groups representing businesses in North Dakota filed a lawsuit Thursday against the Federal Reserve, asking the agency to lower its…