Business Stories from June 13, 2022 (Change date)
-
Spain: Algeria's ties with Russia behind row with MadridJun 13, 2022 9:00 am - MADRID (AP) - Spain's economy minister on Monday linked Algeria's decision to break a decades-old friendship treaty with Spain that has frozen economic links with what s...
-
Grains mostly lower, Livestock mixedJun 13, 2022 3:00 pm - Wheat for Jul. was up .25 cent at $10.71 a bushel; Jul. corn was off 4 cents at $7.6925 a bushel, Jul. oats rose 8.50 cents $6.5975 a bushel; while Jul. soybeans decline...
-
Met Opera season had no COVID cancellations but sales downJun 13, 2022 2:05 pm - NEW YORK (AP) - The Metropolitan Opera sold 61% of available tickets this season after returning from a 1ˆ½ year absence, managing 196 staged performances without a canc...
-
Prologis, Revlon fall; Day One, Bluebird bio riseJun 13, 2022 3:30 pm - NEW YORK (AP) - Stocks that traded heavily or had substantial price changes Monday: Prologis Inc., down $8.81 to $108.43. The real estate investment trust is buying Duke...
-
Prologis buying Duke Realty in $26 billion all-stock dealJun 13, 2022 8:00 am - Real estate investment trust Prologis is buying Duke Realty in an all-stock deal valued at about $26 billion, including the assumption of debt. Prologis Inc. said Monday...
-
Czech brewer Budvar reports record export increase in 2021Jun 13, 2022 6:30 am - PRAGUE (AP) - Budvar, the Czech brewer that has been in a long legal dispute with U.S. company Anheuser-Busch over use of the Budweiser brand, increased its beer exports...
-
Amazon executive to serve as CEO of logistics companyJun 13, 2022 4:30 pm - An Amazon executive who recently announced his surprising resignation from the e-commerce giant is joining logistics startup Flexport as its new CEO. Dave Clark will beg...
-
S. Korea truckers' strike has local shocks, not global yetJun 13, 2022 8:00 pm - SEOUL, South Korea (AP) - A weeklong strike by thousands of truckers in South Korea has triggered major disruptions in cargo transport and production that have caused 1....
-
Hot inflation dims likelihood Fed can achieve 'soft landing'Jun 13, 2022 1:30 pm - WASHINGTON (AP) - For months, Chair Jerome Powell has held out hope that the Federal Reserve will be able to raise interest rates high enough to throttle rampant inflati...
-
Indian food company wants to move from Elk Grove Village to ElginJun 15, 2022 7:07 am - A growing Indian snack food company hopes to relocate its manufacturing facility to Elgin under a plan that continues the renewed business interest in the industrial par...