Business Stories from May 16, 2022 (Change date)
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Buffett's firm reveals new stakes in Paramount, CitigroupMay 16, 2022 8:00 pm - OMAHA, Neb. (AP) - Warren Buffett's company on Monday revealed all the investment moves it made in the first quarter, when it spent more than $51 billion on stocks. But ...
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Fox tries something new by holding release of fall scheduleMay 16, 2022 10:00 am - NEW YORK (AP) - Something was missing Monday when Fox announced its plans for the fall television season - a schedule. Fox Entertainment CEO Charles Collier said that th...
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A Bezos-Biden squabble: Can corporate taxes tame inflation?May 16, 2022 3:30 pm - WASHINGTON (AP) - Jeff Bezos this weekend became the latest centibillionaire to launch a political fight on Twitter by denouncing a tweet from President Joe Biden about ...
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Asian shares advance despite losses on Wall StreetMay 17, 2022 12:00 am - Shares advanced in Asia on Tuesday after another wobbly day on Wall Street extended a losing streak for markets. Hong Kong advanced nearly 2.5% and other regional bench...
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Musk hints at paying less for Twitter than his $44B offerMay 16, 2022 6:30 pm - DETROIT (AP) - Tesla CEO Elon Musk gave the strongest hint yet Monday that he would like to pay less for Twitter than his $44 billion offer made last month. Musk told a ...
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Closing prices for crude oil, gold and other commoditiesMay 16, 2022 2:30 pm - Benchmark U.S. crude oil for June delivery rose $3.71 to $114.20 a barrel Monday. Brent crude for July delivery rose $2.69 to $114.24 a barrel. Wholesale gasoline for Ju...
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EXPLAINER: White 'replacement theory' fuels racist attacksMay 16, 2022 1:00 pm - NEW YORK (AP) - A racist ideology seeping from the internet's fringes into the mainstream is being investigated as a motivating factor in the supermarket shooting that k...
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Official: China's economy reviving as anti-virus curbs easeMay 17, 2022 7:08 am - BEIJING (AP) - China's factory and consumer activity fell even more than expected in April under anti-virus controls, official data showed Monday, but a Cabinet official...
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De-Arching: McDonald's to sell Russia business, exit countryMay 16, 2022 5:30 pm - McDonald's is closing its doors in Russia, ending an era of optimism and increasing the country's isolation over its war in Ukraine. The Chicago burger giant confirmed M...
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Could old Wheaton clothing store turn into a coworking space? Some question if it's a good fitMay 17, 2022 8:56 am - High-speed internet, cold brew coffee on tap, filtered water stations, private meeting rooms and happy hour events. Andrew Nast and Adam Clabaugh have opened coworking s...