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Keyword: business

Japanese automaker Nissan reports 92% jump in profit …

5/9/2024
TOKYO (AP) — Nissan’s profit for the fiscal year through March jumped 92% to 426.6 billion yen ($2.7 billion) as sales grew in all major global markets except China, the Japanese automaker said …

Norfolk Southern shareholders to decide Thursday …

5/9/2024
Norfolk Southern shareholders will decide Thursday morning whether to back an activist investor’s bid to take over the railroad’s board and replace management. Ancora Holdings picked up …

Union push pits the United Farm Workers against a …

5/8/2024
A battle is underway in California between a unit of the Wonderful Co. and United Farm Workers over how a group of workers organized under a recently-enacted labor law. Since the law took effect, …

With inflation soaring, Argentina will start printing …

5/8/2024
BUENOS AIRES, Argentina (AP) — Prices in Argentina have surged so dramatically in recent months that the government has multiplied the size of its biggest bank note in circulation by five — to …

US's largest public utility ignores warnings in moving …

5/8/2024
NASHVILLE, Tenn. (AP) — The nation’s largest public utility is moving ahead with a plan for a new natural gas plant in Tennessee despite warnings that its environmental review of the project …

Airbnb shares slide on lower revenue forecast despite …

5/8/2024
SAN FRANCISCO (AP) — Airbnb's profit more than doubled last quarter, but management's disappointing revenue forecast sparked a roughly 7% drop in its stock in after-market trading Wednesday. …

Judge grills Apple exec about whether company is …

5/8/2024
OAKLAND, Calif. (AP) — A federal judge on Wednesday questioned whether Apple has set up a gauntlet of exasperating hurdles to discourage the use of alternative payment options in iPhone apps, …

Beyond Meat revenue falls in Q1 on weak demand for …

5/8/2024
Beyond Meat reported higher-than-expected revenue in the first quarter despite lower demand for its plant-based meats in the U.S. and abroad. The El Segundo, California-based company said its …

Georgia lawmakers vowed to restrain tax breaks. But …

5/8/2024
ATLANTA (AP) — Georgia lawmakers vowed they were going to rein in tax breaks for businesses this year. Their efforts came to nothing. Gov. Brian Kemp on Tuesday vetoed a two-year pause in a …

Steward Health Care says it is selling the 30+ …

5/8/2024
Steward Health Care said it plans to sell off all its hospitals after announcing this week that it filed for bankruptcy protection. The Dallas-based company, which operates more than 30 hospitals …

The $230 billion donor-advised fund industry gets an …

5/8/2024
WASHINGTON (AP) — Congress and the Biden administration are considering what, if anything, should be done to tighten restrictions on donor-advised funds, an increasingly popular way for donors to …

Slow to expand, internet casino gambling is the future …

5/8/2024
SECAUCUS, N.J. (AP) — Internet casino gambling is legal in only a handful of states, but the industry is convinced it is the future of betting, even as some worry about cannibalizing physical …