Business Stories from May 6, 2021 (Change date)
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Slow down when markets move too fast; make the profits lastMay 06, 2021 7:00 am - NEW YORK (AP) - When every investment around the world seems to be flourishing, it's easy to get swept up in the excitement of making a quick buck. Did you see bitcoin h...
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Volkswagen profits jump as China leads pandemic reboundMay 06, 2021 7:00 am - FRANKFURT, Germany (AP) - Volkswagen Group's after-tax profit rebounded strongly to 3.4 billion euros ($4.1 billion) in the first three months of the year as sales rebou...
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Asian stocks mixed, echoing Wall St sentiments on pandemicMay 06, 2021 7:00 am - TOKYO (AP) - Asian shares were mixed Thursday on cautious optimism about upcoming company earnings reports showing some recovery from the damage of the coronavirus pande...
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Cardinal Health, Etsy fall; Kellogg, Sally Beauty riseMay 06, 2021 7:00 am - NEW YORK (AP) - Stocks that traded heavily or had substantial price changes Thursday: Fastly Inc., down $15.75 to $42.31 The cloud software developer gave investors a we...
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Beyond Meat's Q1 hobbled by marketing costs, lower pricesMay 06, 2021 7:00 am - Plant-based meat company Beyond Meat posted a first-quarter loss Thursday after higher sales were offset by marketing costs and lower prices. The company based in El Seg...
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Fed warns high asset prices could make investors vulnerableMay 06, 2021 7:00 am - WASHINGTON (AP) - The Federal Reserve is warning that prices of stocks and other financial assets are rising to levels that could set investors up for big losses from su...
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US unemployment claims fall to a pandemic low of 498,000May 06, 2021 7:00 am - WASHINGTON (AP) - The number of Americans seeking unemployment aid fell last week to 498,000, the lowest point since the viral pandemic struck 14 months ago and a sign o...
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Asian indexes rise after US rally; investors await jobs dataMay 06, 2021 7:00 am - TOKYO (AP) - Asian shares rose Friday on optimism about the rally on Wall Street and an economic rebound in the U.S., as investors awaited the release of jobs data. Jap...
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Insurer AXA halts ransomware crime reimbursement in FranceMay 06, 2021 7:00 am - BOSTON (AP) - In an apparent industry first, the global insurance company AXA said Thursday it will stop writing cyber-insurance policies in France that reimburse custom...
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Productivity rebounds at solid 5.4% rate in first quarterMay 06, 2021 7:00 am - WASHINGTON (AP) - U.S. productivity posted a sharp rebound between January and March after falling in the previous quarter. Labor costs declined slightly. Productivity i...