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Stellantis earnings rise as electric vehicle sales expand

The Associated Press
Jul 28, 2022 7:00 am - AMSTERDAM (AP) - Automaker Stellantis on Thursday reported higher earnings in the first half of 2022 compared with last year, pointing to a nearly 50% increase in global...
Apple still thriving as economy slows, despite 3Q profit dip

By MICHAEL LIEDTKE
Jul 28, 2022 7:00 am - BERKELEY, Calif. (AP) - Apple's profit slipped during the past quarter, but the world's largest technology company is holding up better than many of its peers as the eco...
Altria's $13B investment in Juul e-cigarettes vaporizes

By MATTHEW PERRONE
Jul 28, 2022 7:00 am - WASHINGTON (AP) - Cigarette maker Altria's $13 billion investment in the troubled vaping company Juul has gone up in smoke - now worth less than 5% of its original value...
Merck beats expectations, helped by Keytruda sales

By The Associated Press
Jul 28, 2022 7:00 am - Merck's second-quarter sales and profit easily beat Wall Street expectations Thursday, boosted by sales growth of some of its key drugs. Merck & Co. posted profit of $3....
US not yet in recession and 4 other takeaways from the Fed

By CHRISTOPHER RUGABER
Jul 28, 2022 7:00 am - WASHINGTON (AP) - Jerome Powell delivered a tough message at the start of a news conference Wednesday: Inflation is way too high, and the Federal Reserve is laser-focuse...
JetBlue is buying Spirit for $3.8 billion after bidding war

By DAVID KOENIG and MICHELLE CHAPMAN
Jul 28, 2022 7:00 am - JetBlue Airways is buying Spirit Airlines for $3.8 billion in a deal that could increase competition at the top end of the U.S. airline industry while eliminating the la...
Banks far from hitting Paris climate targets, groups warn

By ED DAVEY
Jul 28, 2022 7:00 am - The world's most influential banks need to substantially accelerate climate efforts if global temperature rise is to be kept within the targets of the Paris Agreement, a...
Meta, Comcast fall; Harley-Davidson, Frontier rise

The Associated Press
Jul 28, 2022 7:00 am - Stocks that traded heavily or had substantial price changes Thursday: Meta Platforms Inc., down $8.86 to $160.72. The owner of Facebook and Instagram said its revenue f...
Gov't: US Bank workers opened fake accounts for sales goals

By KEN SWEET
Jul 28, 2022 7:00 am - NEW YORK (AP) - For more than a decade, US Bank pressured its employees to open fake accounts in their customers' names in order to meet unrealistic sales goals, the Con...
Grains higher, Livestock mixed

The Associated Press
Jul 28, 2022 7:00 am - Wheat for Sep. gained 26.75 cents at $8.17 a bushel; Sep. corn rose 14.75 cents at $6.15 a bushel, Sep. oats was up 7.50 cents $4.48 a bushel; while Sep. soybeans advanc...

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