Business Stories from November 2, 2022 (Change date)
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New burger concept founded by renowned Chicago area chef opens first location in BolingbrookNov 02, 2022 11:00 pm - There's a new go-to burger hangout in the Chicago area. Krafted Burger Bar + Tap, the globally-inspired burger joint bringing a fresh twist on American classics, has ann...
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Maersk 3Q profit surges but shipper warns of 'dark clouds'Nov 02, 2022 7:00 am - COPENHAGEN, Denmark (AP) - The world's biggest container shipping company Maersk on Wednesday reported substantially improved third-quarter profit and sales on the back ...
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Ukrainian official: Musk to keep funding key satellite linksNov 02, 2022 7:00 am - LISBON, Portugal (AP) - Elon Musk has given assurances to Ukraine that he will keep funding its access to a crucial satellite network providing Kyiv with battlefield and...
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How steep fed rate hikes affect your financesNov 02, 2022 7:00 am - NEW YORK (AP) - Mortgage rates continue to jump, home sales slump and credit cards and auto loans increase. Savings rates are slightly juicier, though. As the Federal Re...
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Ford quality chief retires as CEO tries to boost reliabilityNov 02, 2022 7:00 am - DETROIT (AP) - Ford Motor Co.'s top quality executive is retiring as the company continues to struggle with high warranty claims and reliability issues. Stuart Rowley, c...
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Grains mostly lower, Livestock mixedNov 02, 2022 7:00 am - Wheat for Dec. declined 56.50 cents at $8.46 a bushel; Dec. corn fell 10.25 cents at $6.8750 a bushel, Dec. oats was off 8.50 cents at $3.91 a bushel; while Nov. soybean...
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Pilot union rejects American Airlines offer, seeks more payNov 02, 2022 7:00 am - DALLAS (AP) - U.S. airlines will have to pay more than they expected to reach new contracts with pilots, who are using the leverage of a pilot shortage and rising travel...
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Asia stocks fall after Fed says more US rate hikes likelyNov 02, 2022 7:00 am - BEIJING (AP) - Asian stock markets tumbled Thursday after the Federal Reserve added to recession fears by saying it wasn't finished raising U.S. interest rates to cool i...
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CVS Health, Match Group rise; Airbnb, Estee Lauder fallNov 02, 2022 7:00 am - NEW YORK (AP) - Stocks that traded heavily or had substantial price changes Wednesday: CVS Health Corp., up $2.18 to $96.80. The drugstore chain and pharmacy benefits ma...
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Leaders conclude 31st Arab League summit in AlgeriaNov 02, 2022 7:00 am - ALGIERS, Algeria (AP) - Arab leaders on Wednesday concluded the 31st summit of the largest annual Arab conference after seeking to bridge the gap on several divisive iss...