Business Stories from October 28, 2021 (Change date)
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European Central Bank keeps pandemic support goingOct 28, 2021 7:00 am - FRANKFURT, Germany (AP) - The European Central Bank decided Thursday to keep its pandemic stimulus efforts unchanged even as consumer prices spike and central banks in o...
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'Stupid' and 'insane': Some billionaires vent over tax planOct 28, 2021 7:00 am - Elon Musk isn't happy. With a personal fortune that is flirting with $300 billion, the Tesla CEO - the richest person on earth - has been attacking a Democratic proposal...
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Grains, livestock mixedOct 28, 2021 7:00 am - Wheat for Dec. advanced 12.75 cents at $7.7250 a bushel; Dec. corn was up 5.50 cents at $5.6275 a bushel, Dec. oats fell .50 cent at $7.1050 a bushel; while Nov. soybean...
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U of Michigan gets $40M gift to help 1st-generation studentsOct 28, 2021 7:00 am - LANSING, Mich. (AP) - Before New York real estate developer Fred Wilpon would become part-owner and then sole owner of the New York Mets for over 30 years, he was a 17-y...
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Ford, KLA rise; Twilio, eBay fallOct 28, 2021 7:00 am - NEW YORK (AP) - Stocks that traded heavily or had substantial price changes Thursday: Ford Motor Co., up $1.35 to $16.86. The auto maker gave investors an encouraging fi...
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Apple's strong quarter suffers $6B blow from supply shortageOct 28, 2021 7:00 am - SAN RAMON, Calif. (AP) - Apple's iPhone sales soared yet again in the past quarter, but didn't grow as rapidly as analysts anticipated because of supply shortages that h...
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US average mortgage rates rise; 30-year sat 3.14%Oct 28, 2021 7:00 am - WASHINGTON (AP) - Average long-term mortgage rate rose this week as inflation pressures, the coronavirus pandemic and some supply shortages linger. Mortgage buyer Freddi...
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Facebook grilled by UK lawmakers making online safety rulesOct 28, 2021 7:00 am - LONDON (AP) - British lawmakers grilled Facebook on Thursday over how it handles online safety as European countries move to rein in the power of social media companies....
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Amazon stumbles on slower sales growth, higher labor costsOct 28, 2021 7:00 am - NEW YORK (AP) - Amazon isn't just grappling with the easing of pandemic-induced shopping splurges. The online retail behemoth is also contending with surging costs as it...
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Starbucks posts record quarterly sales thanks to US businessOct 28, 2021 7:00 am - Starbucks on Thursday reported record quarterly sales thanks to its robust U.S. business that helped make up for weakness in China and other markets. The Seattle coffee ...