Business Stories from May 13, 2021 (Change date)
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FAA approves Boeing fix for jets grounded by electrical flawMay 13, 2021 7:00 am - WASHINGTON (AP) - Federal regulators have approved a Boeing procedure to fix about 100 jets that have been idled for the past month because of improper electrical ground...
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US mortgage rates fall for 4th week; 30-year dips to 2.94%May 13, 2021 7:00 am - WASHINGTON (AP) - Mortgage rates declined this week, marking their fourth consecutive week below 3% and further evidence of the strength in the economy's recovery from t...
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Airbnb reports 1Q loss of nearly $1.2 billion, revenue risesMay 13, 2021 7:00 am - Airbnb reported Thursday that its first-quarter loss more than tripled, to $1.17 billion, as travel remained depressed by the pandemic and the company was weighed down b...
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Asian stocks climb after Wall Street rebound led by Big TechMay 13, 2021 7:00 am - BANGKOK (AP) - Asian shares rose Friday after Wall Street put the brakes on a three-day losing streak with a broad stock market rally powered by Big Tech companies and b...
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Disney Q2 revenue drops on continued weakness in parksMay 13, 2021 7:00 am - NEW YORK (AP) - Disney second-quarter revenue dropped as the pandemic continued to weigh on its parks and theme parks. Disney+ subscriptions continued to surge but misse...
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US unemployment claims drop to 473,000, a new pandemic lowMay 13, 2021 7:00 am - WASHINGTON (AP) - The number of Americans seeking unemployment benefits fell last week to 473,000, a new pandemic low and the latest evidence that fewer employers are cu...
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Grains lower, livestock mixed.May 13, 2021 7:00 am - Wheat for May lost 28.25 cents at $7.2650 a bushel; May corn dropped 38.50 cents at 7.19 a bushel, May oats lost 19.50 cents at $3.8075 a bushel; while May soybeans decl...
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English Premier League's $7 billion TV rights renewal OK'dMay 13, 2021 7:00 am - LONDON (AP) - The Premier League has been allowed by the British government to renew its current domestic television rights deals for another three seasons without an au...
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Caesars, Boot Barn rise; Haemonetics, Utz Brands fallMay 13, 2021 7:00 am - NEW YORK (AP) - Stocks that traded heavily or had substantial price changes Thursday: Sonos Inc., up $2.34 to $33.83. The sound systems company raised its revenue foreca...
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Big 0.6% April wholesale price jump catches many off guardMay 13, 2021 7:00 am - WASHINGTON (AP) - Wholesale prices, driven by escalating costs for services and food, jumped 0.6% in April, surprising economists and providing more evidence that inflat...