Major Western oil companies reported record profits in the second quarter alongside gas prices that have topped a national average of more than $5 a gallon. E
Category Archives: business
Hershey warns it won't be able to fully meet demand for Halloween candy
Sweet treat giant Hershey warned investors Thursday that it won’t be able to fully meet Halloween and holiday demand for its products.
Analysts: JetBlue-Spirit merger risks taking away America's biggest low-cost carrier
JetBlue and Spirit Airlines announced Thursday they have reached an agreement on a merger that would create the fifth largest airline in the U.S.
House passes major computer chips and science bill to compete with China
The House on Thursday passed a massive package aimed at boosting domestic production of computer chips and keeping America competitive with China.
Four 'corporate landlords' engaged in 15,000 evictions despite CDC moratorium, House report says
A House subcommittee report alleges that four “corporate landlords” engaged in 15,000 evictions during the Covid pandemic despite a CDC-ordered eviction moratorium.
Sprite is retiring its iconic green plastic bottle after more than 60 years
Sprite is ditching its iconic green plastic bottle in favor of more sustainable clear bottles, its parent company, The Coca-Cola Company, announced Wednesday.
Twitter doesn't object to Elon Musk's proposal for trial to end deal but is concerned he'll try to delay
Twitter Inc. does not object to a proposal by Elon Musk to start an Oct. 17 trial over Musk’s bid to walk away from his $44 billion acquisition deal, but the
Laxative sold by Walmart, CVS, Walgreens is recalled over contamination concerns
A laxative sold at major U.S. retailers is being recalled after “serious adverse reactions” were reported.
Senate passes massive package to boost U.S. computer chip production
The Senate approved a sweeping package Wednesday to boost domestic production of computer chips and help the U.S. stay competitive with China.
Federal Reserve raises key interest rate by 0.75% as it works to fight inflation
The Federal Reserve announced Wednesday it will raise its key interest rate by 0.75% as it seeks to fight sky-high inflation.