Business

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 ...

Read More
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...

Read More
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...

Read More
Government shutdown talk starts early ahead of Congress fall funding fight

Government shutdown talk starts early ahead of Congress fall funding fight

WASHINGTON (AP) — It’s become tradition. Congressional leaders from both major political parties blame each other for a potential government shutdown as the budget year draws to a close. But this ...

Read More
IMF upgrades outlook for global economy, citing less-than-expected damage from Trump’s trade wars

IMF upgrades outlook for global economy, citing less-than-expected damage from Trump’s trade wars

WASHINGTON (AP) — The International Monetary Fund is upgrading the economic outlook for the United States and the world this year and next because President Donald Trump’s protectionist trade poli...

Read More
P&G to increase prices in part due to tariffs as shoppers remain cautious and delay purchases

P&G to increase prices in part due to tariffs as shoppers remain cautious and delay purchases

NEW YORK (AP) — Consumer products giant Procter & Gamble offered an annual earnings outlook that was below analysts’ projections and said it would raise prices on about a quarter of its produc...

Read More