Article content Southwest Airlines Co led U.S. airline cancellations on Tuesday as the low-cost carrier struggled to recover from harsh winter weather that has wrecked holiday plans for many. Shares of the Dallas-based airline were down 5.3% at $34.19 in morning trade, after it canceled 2,523 flights for Tuesday as of 9.42 am ET. That […]
Article content The S&P 500 and tech-heavy Nasdaq fell on Tuesday, led by declines in some megacap growth stocks and Tesla, with optimism around China further easing its COVID-19 curbs limiting losses on the indexes. Tesla Inc slid 5% after Reuters reported that the electric vehicle maker plans to extend a reduced production schedule at […]
Article content MADRID (AP) — Spain on Tuesday announced a new series of measures including scrapping valued-added tax on staple food, such as bread and milk, and is extending rent and eviction controls to help ease the economic crisis caused by Russia’s war in Ukraine. Prime Minister Pedro Sanchez announced the measures in an end-of-year […]
Breadcrumb Trail Links PMN Business Author of the article: The Associated Press Associated Press Published Dec 26, 2022 • 3 minute read Join the conversation Article content NEW YORK (AP) — Holiday sales rose this as American spending remained resilient during the critical shopping season despite surging prices on everything from food to rent, according […]
Breadcrumb Trail Links PMN Business Author of the article: The Associated Press Leanne Italie Published Dec 26, 2022 • 5 minute read Join the conversation Article content NEW YORK (AP) — The season’s triple-virus threat notwithstanding, parties are back, and they’ve brought with them the potential for some dress code chaos. White tie, black tie, […]
Breadcrumb Trail Links PMN Business Author of the article: The Associated Press Hope Yen And Tom Krisher Published Dec 26, 2022 • 7 minute read Join the conversation Steel, which began going up in November, continues Monday, Dec. 5, 2022, to form the first of two manufacturing plants as part of the BlueOval SK Battery […]
Breadcrumb Trail Links PMN Business Author of the article: The Canadian Press Ian Bickis Published Dec 26, 2022 • 5 minute read Join the conversation An HSBC sign is pictured in Ottawa on Wednesday Sept. 7, 2022. In the year ahead Canada’s competition watchdogs will assess RBC’s proposed $13.5-billion takeover of HSBC Bank Canada, but […]
Article content MOSCOW — Russia’s dominant lender Sberbank will be forced to close its office in the United Arab Emirates (UAE) early next year, First Deputy Chairman Alexander Vedyakhin said on Monday, blaming sanctions pressure. Sweeping Western sanctions targeted Russia’s financial system after Moscow sent tens of thousands of troops into Ukraine on Feb. 24. […]
Breadcrumb Trail Links PMN Business Author of the article: The Associated Press Fatima Hussein Published Dec 25, 2022 • 5 minute read Join the conversation Article content WASHINGTON (AP) — A section of the $1.7 trillion spending bill passed Friday has been billed as a dramatic step toward shoring up retirement accounts of millions of […]
Article content JERUSALEM — Israel’s banking regulator on Sunday approved a conditional license and control permit to a group of entrepreneurs to establish a new online bank, the second addition to the highly concentrated banking sector in three years. The Bank of Israel said its banking supervision department had completed the inspection process for the […]