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Hobbled by chip, other shortages, GM profit slides 40% in Q2

By TOM KRISHER
Jul 26, 2022 7:00 am - DETROIT (AP) - General Motors' second-quarter net income fell 40% from a year ago as computer chip and parts shortages hobbled factory output and drove the company's U.S...
Volkswagen starts US electric vehicle assembly in Tennessee

The Associated Press
Jul 26, 2022 7:00 am - CHATTANOOGA, Tenn. (AP) - Volkswagen began production of its first electric vehicle assembled in the United States at a Tennessee plant Tuesday. In a news release, the G...
Google's parent reports slowest quarterly growth in 2 years

By MICHAEL LIEDTKE
Jul 26, 2022 7:00 am - SAN FRANCISCO (AP) - Google's revenue growth during the past quarter decelerated to its slowest pace in two years as advertisers reined in their spending amid intensifyi...
Grains higher, Livestock lower

The Associated Press
Jul 26, 2022 7:00 am - Wheat for Sep. gained 33.75 cents at $8.0375 a bushel; Sep. corn rose 17 cents at $5.97 a bushel, Sep. oats was up 9 cents $4.5150 a bushel; while Sep. soybeans advanced...
Alibaba to seek primary listing in Hong Kong, adding to NYSE

By ZEN SOO
Jul 26, 2022 7:00 am - HONG KONG (AP) - Alibaba, the world's biggest e-commerce company by sales, announced plans Tuesday to change the status of its shares traded in Hong Kong, making them mo...
Buzz Aldrin flight-to-moon jacket sells at auction for $2.8M

The Associated Press
Jul 26, 2022 7:00 am - NEW YORK (AP) - Buzz Aldrin's jacket worn on his historic first mission to the moon's surface in 1969 has been auctioned off to a bidder for nearly $2.8 million. The $2,...
Jury selected for Alex Jones' Sandy Hook defamation trial

By JIM VERTUNO
Jul 26, 2022 7:00 am - AUSTIN, Texas (AP) - A Texas jury was selected Monday in a civil trial that will determine for the first time how much Infowars host Alex Jones must pay Sandy Hook Eleme...
Developing nations seek to overcome energy, currency crises

By JULHAS ALAM
Jul 26, 2022 7:00 am - DHAKA, Bangladesh (AP) - Business leaders and officials from eight developing nations meeting in Bangladesh on Tuesday said more cooperation was needed among them to ove...
Visa's profits jump 32% as consumers start traveling again

By KEN SWEET
Jul 26, 2022 7:00 am - NEW YORK (AP) - Visa Inc. said Tuesday that its fiscal third quarter profits rose 32% from a year earlier, helped by yet another double-digit rise in the amount of money...
Coke revenue rises along with prices; ups outlook for 2022

By DEE-ANN DURBIN
Jul 26, 2022 7:00 am - The Coca-Cola Co. posted strong sales in the second quarter due to price increases and rising demand from restaurants, theme parks and other venues. The company also rai...

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