Growth in US manufacturing slowed in April from March high
WASHINGTON — Growth in U.S. manufacturing slowed in April partly due to a snarled global supply chain after hitting a 37-year high in March. The…
AP Wire
Restaurant survival hopes pick up as $28.6B in grants begin
NEW YORK — Thousands of restaurants and bars decimated by the COVID-19 outbreak have a better chance at survival as the government begins handing out…
Report: Abel to succeed Buffett as Berkshire Hathaway CEO
OMAHA, Neb. — Vice Chairman Greg Abel will succeed billionaire Warren Buffett as Berkshire Hathaway CEO, according to a report. Buffett confirmed the succession plan…
UN program inks Moderna deal on 500M doses, starting in Q4
GENEVA — U.S. biotech company Moderna will provide up to 500 million doses for the U.N.-backed program to ship coronavirus vaccines to needy people in…
Verizon selling Yahoo, AOL unit to Apollo in $5B deal
AOL and Yahoo are being sold again, this time to a private equity firm. Verizon will sell Verizon Media, which consists of the pioneering tech…
PetMed: Fiscal Q4 earnings snapshot
DELRAY BEACH, Fla. — PetMed Express Inc. today reported fiscal fourth-quarter earnings of $6.8 million. The company said it had net income of 34 cents…
Cafes, restaurants reopen in Greece for outdoor service
ATHENS, Greece — Cafes and restaurants reopened in Greece today for sit-down service for the first time in nearly six months, as the country began…
G-7 ministers to hold first in-person talks in 2 years
LONDON — Foreign and development ministers from the Group of Seven leading industrial nations will be meeting in London this week in their first face-to-face…
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…
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…