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Companies plan $2.6B investment in major Alaska oil project

The Associated Press
Aug 17, 2022 7:00 am - ANCHORAGE, Alaska (AP) - Two oil and gas companies have announced plans to invest $2.6 billion into developing a major oil field on Alaska's North Slope. Australia-based...
Musk tweet joking about buying Manchester United causes stir

The Associated Press
Aug 17, 2022 7:00 am - LONDON (AP) - Elon Musk caused a stir by tweeting that he was buying the English soccer team Manchester United - whose current owners are opposed by many fans - then say...
Target, Krispy Kreme fall; Hill International, Lowe's rise

The Associated Press
Aug 17, 2022 7:00 am - NEW YORK (AP) - Stocks that traded heavily or had substantial price changes Wednesday: Target Corp., down $4.85 to $175.34. The retailer's second-quarter profit fell fa...
Newest meme stock, Bed Bath & Beyond, tumbles after big day

The Associated Press
Aug 17, 2022 7:00 am - NEW YORK (AP) - Now comes the downside of the meme-stock craze for investors in Bed Bath & Beyond. The stock fell 16% in after-hours trading Wednesday following reports ...
Asian shares rise on optimism about US, China economies

By YURI KAGEYAMA
Aug 17, 2022 7:00 am - TOKYO (AP) - Asian shares were mostly higher Wednesday as regional markets looked to strong economic signs out of the U.S. and China as drivers of growth. Benchmarks ro...
Target takes a hit after heavy discounts to clear inventory

By ANNE D'INNOCENZIO
Aug 17, 2022 7:00 am - NEW YORK (AP) - Target reported solid sales for the fiscal second quarter but its profit plunged nearly 90% after it was forced to slash prices to clear unwanted invento...
Closing prices for crude oil, gold and other commodities

The Associated Press
Aug 17, 2022 7:00 am - Benchmark U.S. crude oil for September delivery rose $1.58 to $88.11 a barrel Wednesday. Brent crude for October delivery rose $1.31 to $93.65 a barrel. Wholesale gasoli...
Seattle CEO who cut his pay so workers earned $70K resigns

The Associated Press
Aug 17, 2022 7:00 am - SEATTLE (AP) - A Seattle CEO who announced in 2015 that he was giving himself a drastic pay cut to help cover the cost of big raises for his employees has announced his ...
Judge: Pharmacies owe 2 Ohio counties $650M in opioids suit

By MARK GILLISPIE
Aug 17, 2022 7:00 am - CLEVELAND (AP) - A federal judge in Cleveland awarded $650 million in damages Wednesday to two Ohio counties that won a landmark lawsuit against national pharmacy chains...
Bank of America's overdraft fees down 90% under new policy

By KEN SWEET
Aug 17, 2022 7:00 am - NEW YORK (AP) - Bank of America says the revenue it gets from overdrafts has dropped 90% from a year ago, after the bank reduced overdraft fees to $10 from $35 and elimi...

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