Yellen says ‘tough months’ ahead, more relief needed
WASHINGTON — Treasury Secretary Janet Yellen says there are “tough months ahead” for the country with COVID-19 continuing to flare, making it critical that Congress…
AP Wire
Merck loses $2.1 billion in Q4; longtime CEO Frazier to retire
Kenilworth, N.J. — Merck posted a big fourth-quarter loss due to a hefty charge and much higher spending on research, production and overhead. The company…
Bank of England holds off more stimulus as vaccines roll out
LONDON — The Bank of England kept its key interest rate on hold today amid rising optimism about the British economy’s prospects later this year…
Meredith Corp.: Fiscal 2nd quarter earnings snapshot
DES MOINES — Meredith Corp. today reported fiscal second-quarter profit of $148.5 million. On a per-share basis, the company said it had net income of…
Hershey: 4th quarter earnings snapshot
HERSHEY, Pa. — Hershey Co. today reported fourth-quarter earnings of $291.4 million. On a per-share basis, the company said it had net income of $1.39….
Bristol Myers: 4th quarter earnings snapshot
NEW YORK — Bristol Myers Squibb Co. today reported a loss of $10.03 billion in its fourth quarter. On a per-share basis, the company said…
UK-EU talks aim to defuse Brexit tensions over N Ireland
LONDON (AP) — Senior politicians from Britain, Northern Ireland and the European Union held inconclusive talks Wednesday in a bid to ease post-Brexit trade tensions…
Automaker Daimler to spin off trucks business, change name
FRANKFURT, Germany — German automaker Daimler will split itself into two independent companies by spinning off its truck and bus division, a move the company…
Why US hiring could rebound faster than you might expect
WASHINGTON — Hiring has weakened for six straight months. Nearly 10 million jobs remain lost since the coronavirus struck. And this week, the Congressional Budget…
Anheuser-Busch investing $1 billion to modernize US facilities
Anheuser-Busch said today it’s investing $1 billion during the next two years to modernize its U.S. facilities. Nearly half that amount will go to the…