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Bank of England hikes interest rates but resists bolder move

By DANICA KIRKA
Jun 16, 2022 7:00 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...
Gateway towns to Yellowstone become dead ends after flood

By MATTHEW BROWN and BRIAN MELLEY
Jun 16, 2022 7:00 am - 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...
High gasoline prices crimping drivers' spending at the pump

By DAMIAN J. TROISE
Jun 16, 2022 7:00 am - 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...
Revlon files for bankruptcy protection amid heavy debt load

By ANNE D'INNOCENZIO
Jun 16, 2022 7:00 am - NEW YORK (AP) - Revlon, the 90-year-old multinational beauty company, has filed for Chapter 11 bankruptcy protection, weighed down by debt load, disruptions to its supp...
Germany steps up calls to save energy as Russia reduces gas

The Associated Press
Jun 16, 2022 7:00 am - BERLIN (AP) - Germany's vice chancellor is stepping up an appeal for the country's residents to save energy after Russia's Gazprom announced significant cuts in natural ...
Ferrari to make 80% hybrid and full-electric range by 2030

The Associated Press
Jun 16, 2022 7:00 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...
Qatar Airways posts record $1.5B profits ahead of World Cup

By AYA BATRAWY
Jun 16, 2022 7:00 am - DUBAI, United Arab Emirates (AP) - Qatar Airways, one of the Mideast's largest carriers known for on-board comfort and luxury, said Thursday its profits over the past fi...
Bird flu outbreak waning but threat of virus lingers

By JOSH FUNK
Jun 16, 2022 7:00 am - OMAHA, Neb. (AP) - A bird flu outbreak in the U.S. that led to the deaths of more than 40 million chickens and turkeys and contributed to a spike in egg and meat prices ...
McDonald's to pay France $1.3 billion in tax fraud case

The Associated Press
Jun 16, 2022 7:00 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...
Abbott, Allstate fall; Procter & Gamble, NexTier rise

The Associated Press
Jun 16, 2022 7:00 am - 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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