Business Stories from May 26, 2022 (Change date)
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Japan's troubled Toshiba proposes outside directors to boardMay 26, 2022 7:00 am - TOKYO (AP) - Troubled Japanese technology giant Toshiba announced some additions to its proposed leadership Thursday, ahead of a shareholders' meeting next month. Toshi...
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US economy shrank by 1.5% in Q1 but consumers kept spendingMay 26, 2022 7:00 am - WASHINGTON (AP) - The U.S. economy shrank in the first three months of the year even though consumers and businesses kept spending at a solid pace, the government report...
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Explosion at Spanish plant leaves 2 dead; 250 kids evacuatedMay 26, 2022 7:00 am - MADRID (AP) - An explosion hit a biodiesel production plant in northern Spain on Thursday, killing two people and forcing the evacuation of 250 children who had been on ...
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Grains mixed, Livestock mixedMay 26, 2022 7:00 am - Wheat for Jul. was off 5 cents at $11.4325 a bushel; Jul. corn fell 7.25 cents at $7.65 a bushel, Jul. oats was up 4.50 cents $6.8525 a bushel; while Jul. soybeans advan...
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How much the top-paid male, female CEOs made in 2021May 26, 2022 7:00 am - Here are the highest paid male and female CEOs in the S&P 500 index for 2021, as calculated by The Associated Press and Equilar, an executive data firm. The AP's compens...
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Iranian oil tanker's cargo seized in Greece after US requestMay 26, 2022 7:00 am - ATHENS, Greece (AP) - The crude oil cargo of an Iranian-flagged tanker that was stopped in Greek waters last month has been seized and is being transferred to another ve...
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Pay for female CEOs rose 26% in 2021, but ranks remain smallMay 26, 2022 7:00 am - NEW YORK (AP) - Pay packages for the women who run S&P 500 companies jumped in 2021 as the economy recovered and stock prices and profits soared. Median pay for the wome...
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Average long-term mortgage rates fall; 30-year loan at 5.1%May 26, 2022 7:00 am - WASHINGTON (AP) - Average long-term U.S. mortgage rates fell this week for the second week in a row, though interest rates on the key 30-year home loan remain at decade-...
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Big tech deals keep coming: Broadcom buys VMware for $61BMay 26, 2022 7:00 am - Computer chip and software maker Broadcom will spend about $61 billion to acquire the cloud technology company VMware, one of the biggest deals of the year despite an en...
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Asian shares' rise broadly cheered by US earnings, rallyMay 26, 2022 7:00 am - TOKYO (AP) - Asian shares gained Friday as investors cheered a strong set of earnings from retailers that has sent U.S. shares higher. Benchmarks were rising in early t...