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Toyota's quarterly profit down on COVID parts crunch

By YURI KAGEYAMA
May 11, 2022 7:00 am - TOKYO (AP) - Toyota's profit declined 31% in the January-March quarter from the year before, but the Japanese automaker still wrapped up a year of record earnings. Toyo...
Callaway, Alcon rise; Wendy's, Fiverr International fall

The Associated Press
May 11, 2022 7:00 am - NEW YORK (AP) - Stocks that traded heavily or had substantial price changes Wednesday: Alcon AG, up $4.54 to $69.83. The maker of eye care products reported strong fisc...
Grains higher, Livestock mixed

The Associated Press
May 11, 2022 7:00 am - Wheat for May was up 25.50 at $11.0875 a bushel; May corn was up 15.75 cents at $8.0225 a bushel, May oats gained 4 cents at $6.3325 a bushel; while May soybeans rose 20...
Asian stocks mixed, China gains ahead of US price data

By ELAINE KURTENBACH
May 11, 2022 7:00 am - Shares were mixed in Asia on Wednesday with Chinese benchmarks pressing higher after a rally in technology companies helped reverse most of an early slide on Wall Street...
Walt Disney Co. Q2 results fall short but subscribers grow

By The Associated Press
May 11, 2022 7:00 am - BURBANK, Calif. (AP) - The Walt Disney Co. missed Wall Street's expectations for its fiscal second quarter, dinged by over $1 billion it paid in early termination fees f...
EU commission proposes plan to fight child pornography

By SAMUEL PETREQUIN
May 11, 2022 7:00 am - BRUSSELS (AP) - The European Union's executive arm on Wednesday unveiled a plan to require online platforms to detect and report the sharing of child sex abuse images on...
Beyond Meat shares tumble on disappointing Q1

By DEE-ANN DURBIN
May 11, 2022 7:00 am - Plant-based meat company Beyond Meat reported lower-than-expected revenue in the first quarter as it slashed prices and demand from restaurants fell. The El Segundo, Cal...
North Korea raises alarm after confirming 1st COVID-19 case

The Associated Press
May 11, 2022 7:00 am - SEOUL, South Korea (AP) - North Korea announced its first coronavirus infection more than two years into the pandemic Thursday as leader Kim Jong Un called for raising C...
US inflation dips from 4-decade high but still causing pain

By CHRISTOPHER RUGABER
May 11, 2022 7:00 am - WASHINGTON (AP) - Inflation eased slightly in April after months of relentless increases but remained near a four-decade high, making it hard for millions of American ho...
Coinbase loses half its value in a week as crypto slumps

By MATT OTT
May 11, 2022 7:00 am - SILVER SPRING, Md. (AP) - Cryptocurrency trading platform Coinbase has lost half its value in the past week, including its biggest one-day drop 5o date on Wednesday as t...

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