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Shares of Facebook parent Meta plunge 23% on lower profits

By BARBARA ORTUTAY
Feb 03, 2022 6:00 am - Newly renamed Meta is investing heavily in its futuristic 'œmetaverse'ť project, but for now, relies on advertising revenue for nearly all its income. So when it posted ...
Asian shares shrug off tech-led selloff on Wall Street

By ELAINE KURTENBACH
Feb 03, 2022 6:00 am - BANGKOK (AP) - Asian shares were mostly higher Friday after a historic plunge in the stock price of Facebook's parent company helped yank other tech stocks lower on Wall...
Meta, Platforms, Spotify fall; Humana, Ralph Lauren rise

The Associated Press
Feb 03, 2022 6:00 am - Stocks that traded heavily or had substantial price changes Thursday: Meta Platforms Inc., down $85.40 to $237.60. Facebook's parent company gave investors a weak revenu...
Bank of England hikes interest rates again as prices surge

By DANICA KIRKA
Feb 03, 2022 6:00 am - LONDON (AP) - The Bank of England raised interest rates for the second time in three months on Thursday, putting the United Kingdom far ahead of the rest of Europe and t...
Japanese game maker Nintendo's profits hurt by chips crunch

By YURI KAGEYAMA
Feb 03, 2022 6:00 am - TOKYO (AP) - Nintendo's profit for the nine months through December slipped 2.5%, as shortages of computer chips hurt production, the Japanese video game maker behind th...
As winter storm moves across US, ice becomes bigger concern

By KATHLEEN FOODY and JILL BLEED
Feb 03, 2022 6:00 am - CHICAGO (AP) - About 350,000 homes and businesses lost power across the U.S. on Thursday as freezing rain and snow weighed down tree limbs and encrusted power lines, par...
Asian shares mixed as earnings fuel gains on Wall Street

By ELAINE KURTENBACH
Feb 03, 2022 6:00 am - BANGKOK (AP) - Shares were mixed in Asia on Thursday as the latest batch of company earnings reports kept investors in a buying mood, driving gains on Wall Street. Marke...
N. Ireland 1st minister quits amid battle over Brexit checks

By DANICA KIRKA
Feb 03, 2022 6:00 am - LONDON (AP) - Northern Ireland's First Minister resigned Thursday as tensions over Britain's departure from the European Union triggered a fresh political crisis in the ...
Nokia profit matches expectations; dividend to resume

The Associated Press
Feb 03, 2022 6:00 am - HELSINKI (AP) - Wireless and fixed-network equipment maker Nokia reported fourth-quarter profits Thursday in line with analyst expectations and said it will resume payin...
Snap stock soars 58% after posting profit for 1st time

By BARBARA ORTUTAY
Feb 03, 2022 6:00 am - Investors are snapping up shares of Snap Inc. after the owner of the disappearing message platform Snapchat surprised Wall Street by posting a quarterly profit for the f...

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