Article content WASHINGTON (AP) — The U.S. economy grew last quarter at a healthy 3% annual pace, fueled by strong consumer spending and business investment, the government said Thursday in an upgrade of its initial assessment. The Commerce Department had previously estimated that the nation’s gross domestic product — the total output of goods and […]
Breadcrumb Trail Links PMN PMN Business Author of the article: The Associated Press Dee-ann Durbin Published Aug 25, 2024 • 4 minute read Article content The largest proposed grocery store merger in U.S. history is going to court. On one side are supermarket chains Kroger and Albertsons, which say their planned merger will help them […]
Article content PARIS (AP) — The founder and CEO of the popular encrypted messaging service Telegram was detained at a Paris airport, French media reported Sunday. Pavel Durov was detained at the Paris Le Bourget airport on Saturday evening after landing in France from Azerbaijan, according to broadcasters LCI and TF1. Investigators from the National […]
Article content BEIJING (AP) — China on Sunday expressed its opposition to the latest U.S. sanctions on Chinese companies over their alleged ties to Russia’s war in Ukraine, saying it will adopt necessary measures to safeguard the rights and interests of the country’s businesses. The U.S. on Friday announced sweeping sanctions on hundreds of firms […]
Article content HOUSTON (AP) — The largest broadcaster of regional sports networks across the country will continue to televise games for more than a dozen NBA teams and nine NHL teams through the 2024-2025 season even as it moves through bankruptcy proceedings, according to court filings on Friday. Diamond Sports Group, which broadcasts the Bally-branded […]
Article content NEW YORK (AP) — How much hype is left in Nvidia’s stock? Anyone with an S&P 500 index fund is hoping to get an answer to that weighty question next week Nvidia has ridden Wall Street’s mania around artificial intelligence to become one of the stock market’s most massive companies, with a total […]
Article content PENAJAM PASER UTARA, Indonesia (AP) — Indonesia marked 79 years of independence on Saturday with a ceremony in the unfinished future capital of Nusantara, which was planned to relieve pressure on Jakarta but whose construction has lagged behind schedule. Hundreds of officials and invited guests wearing the traditional clothes of Indonesian tribes gathered […]
Article content Mars, whose brands include M&M’s, Snickers and Skittles, is buying food company Kellanova in a deal worth nearly $30 billion, giving it access to a huge portfolio of consumer brands from Cheez-It to Pop-Tarts. Kellanova was created when the Kellogg Co. split into three companies last year. Kellanova, based in Chicago, houses many […]
Article content Home Depot’s second-quarter sales rose slightly as the nation’s biggest home improvement retailer benefitted from an $18 billion acquisition this spring, but customers continued to rein in spending because of broadly higher costs and elevated interest rates. Sales edged up to $43.18 billion, from $42.92 billion, beating the $42.57 billion that Wall Street […]
Breadcrumb Trail Links PMN PMN Business Author of the article: The Associated Press Mauricio Savarese, Gabriela Sa Pessoa And David Koenig Published Aug 10, 2024 • 3 minute read Article content VINHEDO, Brazil (AP) — Brazilian authorities worked Saturday to piece together what exactly caused the plane crash in Sao Paulo state the prior day […]