Business Stories from June 16, 2022 (Change date)
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Grains mostly higher, Livestock mixedJun 16, 2022 3:00 pm - Wheat for Jul. advanced 28.25 cents at $10.7825 a bushel; Jul. corn rose 14.25 cents at $7.8825 a bushel, Jul. oats was off 3 cents $6.5825 a bushel; while Jul. soybeans...
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Abbott, Allstate fall; Procter & Gamble, NexTier riseJun 16, 2022 3:31 pm - Stocks that traded heavily or had substantial price changes Thursday: Tesla Inc., down $59.70 to $639.30. The electric vehicle maker is reportedly raising prices on som...
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McDonald's to pay France $1.3 billion in tax fraud caseJun 17, 2022 8:43 am - PARIS (AP) - McDonald's France and related companies have agreed to pay over 1.2 billion euros ($1.3 billion) to the French state to settle a case in which the fast-food...
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Musk aims to ease concerns in address to Twitter workersJun 16, 2022 2:30 pm - In an unusual move for what's been an unusual takeover bid for Twitter by the world's richest man, Tesla CEO Elon Musk met virtually with the social platform's employees...
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Russian economy 'won't be as it was,' central banker saysJun 16, 2022 6:00 am - ST. PETERSBURG, Russia (AP) - The head of the Russian Central Bank warned Thursday that the country's economy faces pressure from abroad that could persist indefinitely,...
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Gateway towns to Yellowstone become dead ends after floodJun 16, 2022 4:01 pm - RED LODGE, Mont. (AP) - This gateway town to Yellowstone National Park has become a dead end, a casualty of the severe flooding that tore through one of America's most b...
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Bank of England hikes interest rates but resists bolder moveJun 16, 2022 6:30 am - LONDON (AP) - The Bank of England raised interest rates by a quarter-percentage point Thursday, shrugging off pressure for a bolder move to combat price increases that h...
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Ferrari to make 80% hybrid and full-electric range by 2030Jun 16, 2022 9:30 am - MILAN (AP) - Italian luxury sportscar maker Ferrari on Thursday outlined an electrification strategy that calls for 40% full-electric vehicles and 40% hybrid models by 2...
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Closing prices for crude oil, gold and other commoditiesJun 16, 2022 2:30 pm - Benchmark U.S. crude oil for July delivery rose $2.27 to $117.58 a barrel Thursday. Brent crude for August delivery rose $1.30 to $119.81 a barrel. Wholesale gasoline fo...
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High gasoline prices crimping drivers' spending at the pumpJun 16, 2022 2:00 pm - NEW YORK (AP) - Soaring gasoline prices have left many consumers with no choice but to cut spending on non-essentials, but it might be coming full circle by stopping som...