Business - Page 260

Volkswagen weathers pandemic with $10.7 billion profit

FRANKFURT, Germany — Volkswagen said Friday it made better than expected profit of $10.7 billion after tax in 2020 despite the pandemic. The world’s...

Stocks finish mostly lower Friday

By Damian J. Troise Associated Press Associated Press A choppy day on Wall Street ended with stocks mostly lower Friday, helping push the S&P...

United will pay $49 million to settle air mail fraud case

United Airlines will pay more than $49 million to avoid criminal prosecution and settle civil charges of defrauding the U.S. Postal Service in the...

Hospitals plead for bailout in face of runaway pandemic bills

U.S. hospitals face up to $122 billion in lost revenue this year as the pandemic continues its rampage, threatening to push more critical-care centers...

U.S. consumers rebound to boost spending 2.4% as income jumps

WASHINGTON — Bouncing back from months of retrenchment, America’s consumers stepped up their spending by a solid 2.4% in January, the sharpest increase in...

U.S. Consumer sentiment fell to six-month low in February

The University of Michigan’s final sentiment index fell to 76.8 from 79 in January, data released Friday showed. That was slightly better than the...

Advocate for Snake River dams says removal would hurt farmers

Two weeks after a U.S. representative from Idaho put forth a plan to remove four lower Snake River dams, a presenter for the Spokane...

Boeing will pay $6.6 million to settle FAA allegations

Federal regulators have imposed $5.4 million in civil penalties against Boeing for violating terms of a $12 million settlement in 2015, and the aircraft...

Digital exchange Coinbase takes a step toward going public

Coinbase has filed papers with U.S. regulators to become a publicly traded company as digital currencies continue to march toward mainstream acceptance. The digital...

Stocks fall as yields continue to climb; GameStop surges

Stocks moved solidly lower Thursday as the recent theme of the market — rising bond yields and falling prices of technology companies — continued...

Latest articles