Business Stories from July 28, 2021 (Change date)
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Pfizer hikes 2021 outlook after vaccine boosts sales, profitJul 28, 2021 7:00 am - Strong sales of its COVID-19 vaccine and other medicines helped Pfizer nearly double its second-quarter revenue and boost its profit an impressive 59%, beating Wall Stre...
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Asian stocks sink after Wall St pulls back from recordJul 28, 2021 7:00 am - BEIJING (AP) - Asian stock markets declined Wednesday after Wall Street pulled back from a record as investors awaited a Federal Reserve report for signs of when U.S. st...
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Closing prices for crude oil, gold and other commoditiesJul 28, 2021 7:00 am - Benchmark U.S. crude oil for September delivery rose 74 cents to $72.39 a barrel Wednesday. Brent crude oil for September delivery rose 26 cents to $74.74 a barrel. Whol...
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Indian hoteliers test clout in lawsuits against big chainsJul 28, 2021 7:00 am - ATLANTA (AP) - Hotel owner Vimal Patel has traced a familiar path to success in the U.S. hospitality industry. Patel is part of the Indian diaspora, which owns a sizeabl...
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After rocket ride of growth, Robinhood heads to the marketJul 28, 2021 7:00 am - NEW YORK (AP) - After a rocket rise where it introduced millions of people to investing and reshaped the brokerage industry, all while racking up a long list of controve...
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Ford overcomes computer chip shortage, posts surprise profitJul 28, 2021 7:00 am - DETROIT (AP) - Sky-high sales prices for its pickup trucks and SUVs helped Ford Motor Co. turn a surprise second-quarter profit despite a global shortage of computer chi...
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Crispy chicken, boy bands and dining in; McDonald's reboundsJul 28, 2021 7:00 am - McDonald's posted better-than-expected sales in the second quarter as dining rooms reopened and new chicken sandwiches generated customer traffic. Revenue jumped 57% to ...
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Study: EU electricity demand rebounds without more emissionsJul 28, 2021 7:00 am - BERLIN (AP) - Electricity demand in the European Union has returned to pre-pandemic levels without a corresponding rise in emissions, according to a report published Wed...
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Fed's Powell downplays delta variant's threat to the economyJul 28, 2021 7:00 am - WASHINGTON (AP) - The spread of the COVID-19 delta variant is raising infections, leading some companies and governments to require vaccinations and raising concerns abo...
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EXPLAINER: Risks underlie tumbling Chinese company sharesJul 28, 2021 7:00 am - BEIJING (AP) - Foreign shareholders in China's tech companies are learning what its entrepreneurs have long known: The ruling Communist Party's decisions about what is g...
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