Target’s profit surges as Americans cast restrictions aside
NEW YORK — Target’s sales and profits surged in the first quarter as Americans emerged from the pandemic eager to spend. Sales at stores opened…
AP Wire
Lowe’s: Fiscal Q1 earnings snapshot
MOORESVILLE, N.C. — Lowe’s Cos. today reported fiscal first-quarter net income of $2.32 billion. The company said it had net income of $3.21 per share….
ECB sees elevated risks to financial stability in Europe
FRANKFURT, Germany — The European Central Bank says risks to the stability of companies, banks and financial markets remain “elevated” due to the uneven impact…
UK inflation spikes as retailers respond to lockdown easing
LONDON — Britain’s inflation rate more than doubled in April as energy prices soared and clothing retailers hiked prices as the country’s coronavirus lockdown was…
EU takes big step toward relaxing travel for vaccinated
BRUSSELS — The European Union today took a step toward relaxing tourism travel for visitors from outside the bloc, with EU ambassadors agreeing on measures…
Wisconsin Republicans want to end $300 unemployment bonus
MADISON, Wis. — Wisconsin Republicans want to end the $300-per-week federal unemployment supplement, which they said today hurts businesses that are struggling to fill vacancies…
WH memo sees economic strength where critics see fragility
WASHINGTON — White House officials are seeking to quell anxiety about inflation and the pace of hiring — issuing a memo on Tuesday that highlights…
Kia recalls vehicles a 2nd time, owners should park outside
DETROIT — Kia is recalling more than 440,000 cars and SUVs in the U.S. for a second time to fix a problem that can cause…
Retailer results so far show people are going out, spending
NEW YORK — At Walmart, sales of teeth whitener are popping as customers take their masks off. So are travel items. Macy’s says that special…
Changed by pandemic, many workers won’t return to old jobs
There’s a wild card in the push to return to post-pandemic life: Many workers don’t want to go back to the jobs they once had….