Business Stories from May 6, 2021 (Change date)
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Grains higher, livestock mixed.May 06, 2021 7:00 am - Wheat for May gained 8.50 cents at $7.6425 a bushel; May corn rose 6.25 cents at 7.5950 a bushel, May oats was up 2.50 cents at $4.0925 a bushel; while May soybeans adva...
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Dubai luxury home market soars as world's rich flee pandemicMay 06, 2021 7:00 am - DUBAI, United Arab Emirates (AP) - After nearly three decades in London, Christophe Reech was fed up with the city's pandemic lockdowns. This spring, he sold his luxury ...
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On the ground and afar, diaspora boosts India's virus fightMay 06, 2021 7:00 am - India's large diaspora - long a boon to India's economy - is tapping its wealth, political clout and expertise to help its home country combat the catastrophic coronavir...
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US average mortgage rates down slightly; 30-year at 2.96%May 06, 2021 7:00 am - WASHINGTON (AP) - Mortgage rates fell slightly this week, marking their third straight week below 3% amid signs of the recovering economy's strength. Mortgage buyer Fre...
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Apple's app store chief fends off attacks in antitrust trialMay 06, 2021 7:00 am - SAN RAMON, Calif. (AP) - Apple's top app store executive on Thursday faced an avalanche of documents unleashed Thursday by an Epic Games lawyer aiming to prove allegatio...
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Virgin Orbit aims to launch multiple satellites in JuneMay 06, 2021 7:00 am - LONG BEACH, Calif. (AP) - Virgin Orbit, the satellite launch company founded by Richard Branson, is targeting June for its next mission. The Long Beach, California-base...
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Netflix series signals racial breakthrough in Italian TVMay 06, 2021 7:00 am - MILAN (AP) - The Netflix series 'œZero,'ť which premiered globally last month, is the first Italian TV production to feature a predominantly Black cast, a bright spot in...
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Peloton expects to lose $165 million in revenue from recallMay 06, 2021 7:00 am - NEW YORK (AP) - Peloton said Thursday that the recall of its treadmills will shrink its revenue by $165 million in the current quarter. The company agreed on Wednesday t...
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Nintendo profits boom as people stuck at home play gamesMay 06, 2021 7:00 am - TOKYO (AP) - Nintendo Co.'s profit for the fiscal year that ended in March jumped 86% on healthy sales of its Switch handheld machine as people stayed home due to the pa...
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China suspends economic dialogue with AustraliaMay 06, 2021 7:00 am - BEIJING (AP) - China on Thursday suspended an economic dialogue with Australia, stepping up a pressure campaign that began over Australian support for a probe of the cor...