Business Stories from May 27, 2022 (Change date)
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Ship expands Iran Revolutionary Guard's reach to new watersMay 27, 2022 1:30 pm - DUBAI, United Arab Emirates (AP) - Iran's paramilitary Revolutionary Guard is building a massive new support ship near the strategic Strait of Hormuz as it tries to expa...
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Wall Street breaks 7-week losing streak, longest since 2001May 27, 2022 4:00 pm - NEW YORK (AP) - Technology companies led a broad rally for stocks Friday as Wall Street notched its best week in 18 months. The gain broke a seven-week losing streak for...
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Big Lots, American Eagle fall; Dell, Ulta Beauty riseMay 27, 2022 3:30 pm - NEW YORK (AP) - Stocks that traded heavily or had substantial price changes Friday: Gap Inc., up 48 cents to $11.60. The clothing chain gave investors a mixed financial...
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CEO pay rose 17% in 2021 as profits soared; workers trailedMay 27, 2022 11:00 am - NEW YORK (AP) - Even when regular workers win their biggest raises in decades, they look minuscule compared with what CEOs are getting. The typical compensation package...
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New independent Mexican union wins wage increase at GM plantMay 27, 2022 6:30 pm - MEXICO CITY (AP) - A new independent union at a Mexican auto plant that won a historic organizing vote last year has negotiated an 8.5% wage increase for unionized emplo...
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Ford Foundation's Darren Walker gets France's highest honorMay 27, 2022 12:00 pm - NEW YORK (AP) - Darren Walker, Ford Foundation president and preeminent connector and advocate for artists and art institutions, joined the exclusive company of global s...
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Biden renews sanctions license for Chevron in VenezuelaMay 27, 2022 1:30 pm - MIAMI (AP) - The Biden administration has renewed a license partially exempting Chevron from sanctions on Venezuela so it can keep operating in the oil-rich, socialist-r...
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Closing prices for crude oil, gold and other commoditiesMay 27, 2022 2:30 pm - Benchmark U.S. crude oil for July delivery rose 98 cents to $115.07 a barrel Friday. Brent crude for July delivery rose $2.03 to $119.43 a barrel. Wholesale gasoline for...
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Officials: Texas shooter talked about guns in private chatsMay 27, 2022 9:00 pm - Texas authorities said Friday that the gunman who killed 19 children and two teachers inside an elementary school discussed his interest in buying a gun in private onlin...
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Grains higher, Livestock lowerMay 27, 2022 3:01 pm - Wheat for Jul. gained 14.25 cents at $11.5750 a bushel; Jul. corn rose 12.25 cents at $7.7725 a bushel, Jul. oats advanced 18.50 cents $7.0375 a bushel; while Jul. soybe...
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