Business Stories from September 29, 2022 (Change date)
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Ex-PG&E execs to pay $117M to settle lawsuit over wildfiresSep 29, 2022 10:00 pm - 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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Closing prices for crude oil, gold and other commoditiesSep 29, 2022 2:30 pm - 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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Asian stocks sink on German inflation, British tax cutsSep 29, 2022 11:00 pm - BEIJING (AP) - Asian stocks sank again Friday after German inflation spiked higher, British Prime Minister Liz Truss defended a tax-cut plan that rattled investors and C...
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Porsche shares rise in one of Europe's largest market debutsSep 29, 2022 5:30 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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US long-term mortgage rates up for 6th week; 30-year at 6.7%Sep 29, 2022 10:31 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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EXPLAINER: How do we know when a recession has begun?Oct 04, 2022 8:44 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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CarMax, Rite Aid fall; Enerpac, Vail Resorts riseSep 29, 2022 3:30 pm - 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-eBay execs get prison time for bizarre harassment schemeSep 29, 2022 3:30 pm - BOSTON (AP) - A former eBay Inc. executive was sentenced on Thursday to almost five years in prison for leading a scheme to terrorize the creators of an online newslette...
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Storm-battered Florida businesses face arduous rebuildingOct 01, 2022 7:35 am - Walt Disney World and other tourist attractions in central Florida appeared to have avoided severe damage from Hurricane Ian. But many businesses on the state's southwes...
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Grains mixed, Livestock higherSep 29, 2022 4:00 pm - Wheat for Dec. fell 7 cents at $8.9625 a bushel; Dec. corn was was off 1 cent at $6.6950 a bushel, Dec. oats rose 4.75 cents at $3.8275 a bushel; while Nov. soybeans was...