J&J beats 3Q net views, hikes 2020 forecast, but shares fall
Despite the coronavirus pandemic hurting sales of most of its products, Johnson & Johnson boosted revenue slightly and doubled its third-quarter profit, mainly due to…
AP Wire
Barrett won’t commit to recusing from election disputes
WASHINGTON — Supreme Court nominee Amy Coney Barrett is vowing to bring no “agenda” to the court, batting back senators’ questions today on abortion, gun…
JPMorgan, Citi profits improve amid signs of recovery
CHARLOTTE, North Carolina (AP) — Two of the nation’s biggest banks — JPMorgan Chase and Citigroup — said Tuesday that their profits improved markedly over…
IMF envisions a sharp 4.4% drop in global growth for 2020
WASHINGTON (AP) — The International Monetary Fund foresees a steep fall in international growth this year as the global economy struggles to recover from the…
Swedish giant Ikea to buy back used furniture
STOCKHOLM — Flat-pack furnishings retailer Ikea said today that it will offer to buy back thousands of pieces of used Ikea furniture in 27 countries,…
Wall Street drifts lower as earnings season gets underway
NEW YORK — Stocks are drifting lower in early trading on Wall Street today as earnings reporting season gets underway for big companies. The S&P…
US investigates fire reports in Chevy Bolt electric vehicles
DETROIT (AP) — The U.S. government’s road safety agency is investigating complaints that the Chevrolet Bolt electric vehicle can catch fire. The probe by the…
Consumer prices rise 0.2% in September, used vehicles spike
SILVER SPRING, Md. (AP) — U.S. consumer prices rose slightly in September, led again by sharp increases in the index for used vehicles. The consumer…
Consumer prices rise 0.2% in September as vehicles spike
SILVER SPRING, Md. — U.S. consumer prices rose slightly in September, led again by sharp increases in the index for used vehicles. The Labor Department…
IMF envisions a sharp 4.4% drop in global growth for 2020
WASHINGTON — The International Monetary Fund foresees a steep fall in international growth this year as the global economy struggles to recover from the pandemic-induced…