Business Stories from May 12, 2022 (Change date)
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Tesla, Twitter shares drop as Elon Musk's legal issues growMay 12, 2022 7:00 am - DETROIT (AP) - Shares of Tesla and Twitter have tumbled this week as investors deal with the fallout and potential legal issues surrounding Tesla CEO Elon Musk and his $...
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Final ex-eBay employee in cyberstalking case pleads guiltyMay 12, 2022 7:00 am - BOSTON (AP) - A former eBay Inc. executive pleaded guilty Thursday to participating in a scheme to terrorize the creators of an online newsletter that included the deliv...
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Slightly more Americans seek jobless aid last weekMay 12, 2022 7:00 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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Average long-term US mortgage rates edge up to 5.3%May 12, 2022 7:00 am - WASHINGTON (AP) - Average long-term U.S. mortgage rates edged up again this week, with interest on the key 30-year loan at its highest level since 2009. Mortgage buyer ...
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FIFA takes on EA Sports video game in soccer's new rivalryMay 12, 2022 7:00 am - LONDON (AP) - The name 'œFIFA'ť can bring to mind images of the World Cup and soccer's greatest players, like Pele, Zinedine Zidane or Lionel Messi. The acronym for the ...
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Grains, Livestock mixedMay 12, 2022 7:00 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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Sources: Hyundai to set $7B Georgia plant during Biden visitMay 12, 2022 7:00 am - 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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Senate confirms Powell for 2nd term as Fed fights inflationMay 12, 2022 7:00 am - 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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Tapestry, Sonos rise; AmerisourceBergen, Capital One fallMay 12, 2022 7:00 am - NEW YORK (AP) - Walt Disney Co., down 90 cents to $104.31. The entertainment giant's fiscal second-quarter earnings fell short of Wall Street forecasts. Beyond Meat Inc....
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Plane veers off runway in China and catches fire; 36 injuredMay 12, 2022 7:00 am - BEIJING (AP) - A Chinese passenger jet veered off the runway during takeoff and caught fire on Thursday, sending black smoke billowing into the air and injuring more tha...