Business

Wall Street kicks off a week full of potential flashpoints with a whisper

Wall Street kicks off a week full of potential flashpoints with a whisper

NEW YORK (AP) — U.S. stock indexes drifted through a quiet Monday after the United States agreed to tax cars and other products coming from the European Union at a 15% rate, lower than President D...

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China promises to help companies slammed by tariffs, as talks with the US left in limbo

China promises to help companies slammed by tariffs, as talks with the US left in limbo

BANGKOK (AP) — China’s top leaders have pledged to help companies slammed by higher U.S. tariffs but held back on major moves after trade talks with the U.S. this week kept businesses and planners...

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European economy sees growth of only 0.1% as scramble to get ahead of US tariffs goes into reverse

European economy sees growth of only 0.1% as scramble to get ahead of US tariffs goes into reverse

FRANKFURT, Germany (AP) — Europe’s economy barely grew in the April-June quarter as frantic earlier efforts to ship goods ahead of new U.S. tariffs went into reverse and output fell for the contin...

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Japanese technology giant Panasonic announces a new chief as its profits barely hold up

Japanese technology giant Panasonic announces a new chief as its profits barely hold up

TOKYO (AP) — Japanese electronics and technology company Panasonic has chosen a new chief executive after eking out a 1.2% rise in its first quarter profit. Kenneth William Sain, a former Boeing ...

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Boeing’s 2Q loss narrows and revenue rises, topping Wall Street’s expectations

Boeing’s 2Q loss narrows and revenue rises, topping Wall Street’s expectations

Boeing’s second-quarter loss narrowed and revenue improved as the aircraft manufacturer delivered more commercial planes in the period. Boeing Co. lost $611 million, or 92 cents per share, for th...

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First Australian-made rocket crashes after 14 seconds of flight in a failed attempt to reach orbit

First Australian-made rocket crashes after 14 seconds of flight in a failed attempt to reach orbit

WELLINGTON, New Zealand (AP) — The first Australian -made rocket to attempt to reach orbit from the country’s soil crashed after 14 seconds of flight on Wednesday. The rocket Eris, launched by Gil...

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