Business Stories from June 16, 2022 (Change date)
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Gateway towns to Yellowstone become dead ends after floodJun 16, 2022 7:00 am - RED LODGE, Mont. (AP) - This gateway town to Yellowstone National Park has become a dead end, a casualty of the severe flooding that tore through one of America's most b...
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High gasoline prices crimping drivers' spending at the pumpJun 16, 2022 7:00 am - NEW YORK (AP) - Soaring gasoline prices have left many consumers with no choice but to cut spending on non-essentials, but it might be coming full circle by stopping som...
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Revlon files for bankruptcy protection amid heavy debt loadJun 16, 2022 7:00 am - NEW YORK (AP) - Revlon, the 90-year-old multinational beauty company, has filed for Chapter 11 bankruptcy protection, weighed down by debt load, disruptions to its supp...
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Germany steps up calls to save energy as Russia reduces gasJun 16, 2022 7:00 am - BERLIN (AP) - Germany's vice chancellor is stepping up an appeal for the country's residents to save energy after Russia's Gazprom announced significant cuts in natural ...
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Ferrari to make 80% hybrid and full-electric range by 2030Jun 16, 2022 7:00 am - MILAN (AP) - Italian luxury sportscar maker Ferrari on Thursday outlined an electrification strategy that calls for 40% full-electric vehicles and 40% hybrid models by 2...
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Qatar Airways posts record $1.5B profits ahead of World CupJun 16, 2022 7:00 am - DUBAI, United Arab Emirates (AP) - Qatar Airways, one of the Mideast's largest carriers known for on-board comfort and luxury, said Thursday its profits over the past fi...
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Bird flu outbreak waning but threat of virus lingersJun 16, 2022 7:00 am - OMAHA, Neb. (AP) - A bird flu outbreak in the U.S. that led to the deaths of more than 40 million chickens and turkeys and contributed to a spike in egg and meat prices ...
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McDonald's to pay France $1.3 billion in tax fraud caseJun 16, 2022 7:00 am - PARIS (AP) - McDonald's France and related companies have agreed to pay over 1.2 billion euros ($1.3 billion) to the French state to settle a case in which the fast-food...
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Abbott, Allstate fall; Procter & Gamble, NexTier riseJun 16, 2022 7:00 am - Stocks that traded heavily or had substantial price changes Thursday: Tesla Inc., down $59.70 to $639.30. The electric vehicle maker is reportedly raising prices on som...
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Asian stocks follow Wall St lower on economy fearsJun 16, 2022 7:00 am - BEIJING (AP) - Asian stock markets were mostly lower Friday after Wall Street fell on fears interest rate hikes will depress global economic activity. Tokyo, Seoul and S...