Business Stories from July 29, 2022 (Change date)
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Unprecedented profit for major oil drillers as prices soaredJul 29, 2022 10:30 am - NEW YORK (AP) - Oil companies swam in record profits over the last few months at a time when Americans struggled to pay for gasoline, food and other basic necessities. O...
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Grains higher, Livestock mixedJul 29, 2022 10:30 am - CHICAGO (AP) - Grain futures were higher Friday in early trading on the Chicago Board of Trade. Wheat for Sep. gained 26 cents at $8.3050 a bushel; Sep. corn rose 16 cen...
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Zelenskyy observes ships loaded with Ukrainian grain exportsJul 29, 2022 6:30 am - ODESA, Ukraine (AP) - President Volodymyr Zelenskyy visited one of Ukraine's main Black Sea ports Friday, a week after a deal was struck with Russia, Turkey and the Unit...
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Asian shares mostly higher after rally on Wall StreetJul 28, 2022 11:30 pm - TOKYO (AP) - Asian shares were mostly higher on Friday following a broad rally on Wall Street, but Hong Kong's benchmark sank more than 2%. Investors appear to have gro...
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Inflation and wage data suggest US prices will keep climbingJul 29, 2022 10:30 am - WASHINGTON (AP) - Inflation surged in June and workers' average wages accelerated in the spring - signs that Americans won't likely feel any relief from rising prices an...
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Amazon, Chevron rise; Roku, Intel fallJul 29, 2022 3:30 pm - Stocks that traded heavily or had substantial price changes Friday: Chevron Corp., up $13.39 to $163.78. The oil company racked up record quarterly profits in the secon...
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Sony sees profit rise despite waning interest in video gamesJul 29, 2022 4:01 pm - TOKYO (AP) - Sony's profit edged up 3% in the last quarter, weathering production setbacks from COVID-19 lockdowns in Shanghai and a trend away from video gaming as pand...
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Stocks rally again, close out best month since Nov. 2020Jul 29, 2022 4:00 pm - Stocks racked up more gains Friday as Wall Street closed out its best month since November 2020, a welcome breather for investors after a punishing year for the market. ...
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Grains mixed, Livestock higherJul 29, 2022 3:00 pm - Wheat for Sep. fell 9.25 cents at $8.0775 a bushel; Sep. corn was up 1.25 cents at $6.1625 a bushel, Sep. oats was unchanged at $4.48 a bushel; while Sep. soybeans gaine...
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Inflation hits record 8.9% in euro area, but economy growsJul 29, 2022 8:00 am - LONDON (AP) - Inflation in the European countries using the euro currency shot up to another record in July, pushed by higher energy prices fueled by Russia's war in Ukr...
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