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| Breaking News | Top counterterrorism official Kent resigns over Trump's Iran war, says Iran posed no imminent threat

Jon Yaged to succeed Don Weisberg as Macmillan CEO

The Associated Press
May 03, 2022 7:00 am - NEW YORK (AP) - The CEO of Macmillan Publishers, Don Weisberg, will step down at the end of the year. Jon Yaged, currently the company's president, will succeed him. "I...
Airbnb posts much smaller Q1 loss, revenue doubles from 2021

By DAVID KOENIG
May 03, 2022 7:00 am - Airbnb sharply narrowed its first-quarter loss to $19 million, as the rebound in travel after two years of pandemic caused bookings to jump and revenue to rise 70% from ...
Beijing preps COVID-19 hospital spaces, though new cases low

The Associated Press
May 03, 2022 7:00 am - BEIJING (AP) - Beijing is preparing new hospital facilities to deal with a possible spike in COVID-19 cases, even though the numbers of new cases remain low. State medi...
Employers post record 11.5 million job openings in March

By PAUL WISEMAN
May 03, 2022 7:00 am - WASHINGTON (AP) - Employers posted a record 11.5 million job openings in March, meaning the United States now has an unprecedented two job openings for every person who ...
LinkedIn settles with U.S. over alleged pay discrimination

The Associated Press
May 03, 2022 7:00 am - SAN FRANCISCO (AP) - The career-networking service LinkedIn has agreed to pay $1.8 million in back wages to hundreds of female workers to settle a pay discrimination com...
BP, Clorox rise; Chegg, Expedia fall

The Associated Press
May 03, 2022 7:00 am - NEW YORK (AP) - Stocks that traded heavily or had substantial price changes Tuesday: Devon Energy Corp., up $5.93 to $64.28. The oil and gas exploration company reporte...
New Zealand rocket caught but then dropped by helicopter

By NICK PERRY
May 03, 2022 7:00 am - WELLINGTON, New Zealand (AP) - Using a helicopter to catch a falling rocket is such a complex task that Peter Beck likens it to a 'œsupersonic ballet.'ť Rocket Lab, the ...
Man convicted in $60M film finance fraud scheme

The Associated Press
May 03, 2022 7:00 am - FORT LAUDERDALE, Fla. (AP) - An Oklahoma man claiming to be a film financier was convicted Tuesday in South Florida of participating in a scheme to steal more than $60 m...
Pfizer profit soars in first quarter, revises 2022 forecast

By TOM MURPHY
May 03, 2022 7:00 am - COVID-19 vaccine and treatment sales helped Pfizer breeze past Wall Street's first-quarter expectations, as the drugmaker's profit grew 61%. The coronavirus vaccine Comi...
Starbucks reports record Q2 sales, enhances worker benefits

By DEE-ANN DURBIN
May 03, 2022 7:00 am - Starbucks' sales climbed to record levels in its fiscal second quarter, but its profits took a hit from climbing labor costs. And those costs are set to grow even higher...

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