Business Stories from May 12, 2022 (Change date)
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Sources: Hyundai to set $7B Georgia plant during Biden visitMay 12, 2022 4:30 pm - ATLANTA (AP) - South Korean automaker Hyundai Motor Group is expected to announce next week it's building a massive electric vehicle plant near Savannah, Georgia, accord...
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CEO of FTX crypto exchange buys big stake in RobinhoodMay 12, 2022 4:30 pm - NEW YORK (AP) - The CEO of cryptocurrency exchange FTX has bought a 7.6% stake in Robinhood Markets, according to a filing with U.S. regulators on Thursday. Samuel Bank...
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Grains higher, Livestock lowerMay 12, 2022 3:30 pm - Wheat for May was up 65.75 at $11.7450 a bushel; May corn was up 11.25 cents at $8.1350 a bushel, May oats gained 21.25 cents at $6.5450 a bushel; while May soybeans ros...
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Sources: Hyundai to set $7B US plant during Biden Asia visitMay 12, 2022 6:30 pm - ATLANTA (AP) - South Korean automaker Hyundai Motor Group is expected to announce next week that it's building a massive electric vehicle plant near Savannah, Georgia, a...
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Chemical plant blast in Slovenia injures at least 20May 12, 2022 4:30 am - LJUBLJANA, Slovenia (AP) - An explosion and fire at a chemical plant in southeast Slovenia injured at least 20 people Thursday as authorities urged residents in the vici...
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Senate confirms Powell for 2nd term as Fed fights inflationMay 12, 2022 2:00 pm - WASHINGTON (AP) - The Senate on Thursday confirmed Jerome Powell for a second four-year term as Federal Reserve chair, giving bipartisan backing to Powell's high-stakes ...
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UK economic growth slows, raising recession concernsMay 12, 2022 4:00 am - LONDON (AP) - Britain's economy grew at the slowest pace in a year during the first quarter as retailers and manufacturers were hurt by supply disruptions and higher pri...
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Grains, Livestock mixedMay 12, 2022 10:30 am - CHICAGO (AP) - Grain futures were mixed Thursday in early trading on the Chicago Board of Trade. Wheat for Jul. was up 2.50 cents at $11.1775 a bushel; May corn rose 7 c...
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Slightly more Americans seek jobless aid last weekMay 12, 2022 9:00 am - WASHINGTON (AP) - The number of Americans applying for jobless aid ticked up slightly last week but the total number of Americans collecting benefits remained at its low...
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China fights economic slump, sticks to costly 'zero COVID'May 12, 2022 1:30 am - BEIJING (AP) - China's leaders are struggling to reverse an economic slump without giving up anti-virus tactics that shut down Shanghai and other cities, adding to chall...