Business Stories from September 29, 2022 (Change date)
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EXPLAINER: How do we know when a recession has begun?Sep 29, 2022 7:00 am - WASHINGTON (AP) - The economy shrank in the first half of this year, the government confirmed in a report Thursday, underscoring fears of a broad-based slowdown that cou...
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Porsche shares rise in one of Europe's largest market debutsSep 29, 2022 7:00 am - FRANKFURT, Germany (AP) - Shares in luxury carmaker Porsche AG rose on their first day of public trading after German parent company Volkswagen raised 9.4 billion euros ...
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CarMax, Rite Aid fall; Enerpac, Vail Resorts riseSep 29, 2022 7:00 am - Stocks that traded heavily or had substantial price changes Thursday: Amazon.com Inc., down $3.21 to $114.80. The internet retail giant is raising its average starting ...
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Ex-PG&E execs to pay $117M to settle lawsuit over wildfiresSep 29, 2022 7:00 am - OAKLAND, Calif. (AP) - Former executives and directors of Pacific Gas & Electric have agreed to pay $117 million to settle a lawsuit over devastating 2017 and 2018 Calif...
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Albuquerque Starbucks votes to unionize, 1st store in stateSep 29, 2022 7:00 am - ALBUQUERQUE, N.M. (AP) - New Mexico is poised to have its first unionized Starbucks store, organizers say. A majority of rank-and-file workers at an Albuquerque location...
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US long-term mortgage rates up for 6th week; 30-year at 6.7%Sep 29, 2022 7:00 am - WASHINGTON (AP) - Average long-term U.S. mortgage rates rose this week for the sixth straight week, marking new highs not seen in 15 years, before a crash in the housing...
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Closing prices for crude oil, gold and other commoditiesSep 29, 2022 7:00 am - Benchmark U.S. crude oil for November delivery fell 92 cents to $81.23 a barrel Thursday. Brent crude for November delivery fell 83 cents to $88.49 a barrel. Wholesale g...
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Former Tibet official latest to fall in China graft sweepSep 29, 2022 7:00 am - BEIJING (AP) - A former vice governor of China's sprawling Tibet region has been indicted on charges of accepting bribes, state media reported Friday. Zhang Yongze is th...
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Fewer people seek US unemployment aid amid solid hiringSep 29, 2022 7:00 am - WASHINGTON (AP) - The number of Americans filing for jobless benefits dropped last week, a sign that few companies are cutting jobs despite high inflation and a weak eco...
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Grains, Livestock mixedSep 29, 2022 7:00 am - CHICAGO (AP) - Grain futures were mixed Thursday in early trading on the Chicago Board of Trade. Wheat for Dec. fell 2 cents at $8.9575 a bushel; Dec. corn was up 1 cent...