Biogen, Norwegian Cruise Line fall, R.R. Donnelley rises
Stocks that traded heavily or had substantial price changes Thursday: Biogen, Norwegian Cruise Line fall, R.R. Donnelley rises
Continue ReadingStocks that traded heavily or had substantial price changes Thursday: Biogen, Norwegian Cruise Line fall, R.R. Donnelley rises
Continue ReadingBy ALEX VEIGA AP Business Writer A late slide pulled major indexes into the red on Wall Street Thursday, leaving the S&P 500 and the Dow Jones Industrial Average slightly below the record highs they set a day earlier. The benchmark S&P 500 gave up 0.3%. The Dow and the Nasdaq each fell 0.2%. Trading
Continue ReadingBy ADRIANA GOMEZ LICON Associated Press MIAMI (AP) — The U.S. Centers for Disease Control and Prevention is warning people not to go on cruises, regardless of their vaccination status, because of onboard outbreaks fueled by the omicron variant. The CDC says it has more than 90 cruise ships under investigation or observation as a
Continue ReadingBy ALEX VEIGA AP Business Writer Stocks edged higher on Wall Street in afternoon trading Thursday, as gains in health care and communication companies outweighed a pullback in technology and other sectors. Trading was relatively quiet with many investors having closed out their positions for the year. The S&P 500 and Dow were hovering just
Continue ReadingBy JENNIFER PELTZ Associated Press NEW YORK (AP) — A jury has held Teva Pharmaceuticals responsible for contributing to the opioid crisis. Jurors delivered their verdict Thursday in a sweeping lawsuit filed by New York state and joined by two Long Island counties. The Suffolk County jury found the company played a role in furthering
Continue ReadingBy JENNIFER PELTZ Associated Press NEW YORK (AP) — New York’s attorney general says a jury has held Teva Pharmaceuticals responsible for contributing to the opioid crisis by delivering a verdict in a sweeping lawsuit filed by the state. Attorney General Letitia James’ office said Thursday that the Suffolk County jury found the company played
Continue ReadingBy RICARDO ALONSO-ZALDIVAR Associated Press WASHINGTON (AP) — Federal health officials are pressing nursing home workers to get their booster shots amid a spike in COVID-19 cases among staffers and a concerning lag in booster vaccination for residents and staff. Health Secretary Xavier Becerra says the nation cannot afford another COVID-19 surge in nursing homes.
Continue ReadingBy GLENN GAMBOA and HALELUYA HADERO AP Business Writers The arts industry has been battered during the past 21 months, as organizations furloughed staff, canceled shows and slashed their budgets to weather the COVID-19 pandemic. Donations to arts groups also dropped off last year. Many slowly resumed in-person events, though some are now suspending plans
Continue ReadingBy TALI ARBEL and PAUL WISEMAN Associated Press The forces that have scrambled thousands of flights since Christmas Eve could ease in January, but that’s cold comfort to the millions of flyers with New Year’s plans. And if 2021 has taught us anything, it’s that 2022 will likely be just as unpredictable. Airlines weren’t spared
Continue ReadingBy RICARDO ALONSO-ZALDIVAR Associated Press WASHINGTON (AP) — Federal health officials are pressing nursing home workers to get their booster shots amid a spike in COVID-19 cases among staffers and a concerning lag in booster vaccination for residents and staff. Health Secretary Xavier Becerra said Thursday the nation cannot afford another COVID-19 surge in nursing
Continue ReadingBy JOHN LEICESTER Associated Press MARLY-LE-ROI, France (AP) — The increasingly fraught fight in France against an unprecedented surge in coronavirus infections is putting a stop to eating and drinking in entertainment venues. That means no more munching, crunching and slurping while watching a movie. The anti-coronavirus measures kick in Monday, once France’s New Year
Continue ReadingBy ALEX VEIGA AP Business Writer Stocks were modestly higher Thursday, helped by a bit of good economic data. Trading was relatively quiet with many investors having closed out their positions for the year. Companies that rely on consumer spending as well as health care and communications stocks accounted for a big share of the
Continue ReadingBy The Associated Press NEW YORK (AP) — Electric car maker Tesla is recalling certain Model 3s because a coaxial cable for its backup camera can become worn and fail to transmit to the driver’s main console. All Model 3s from model years 2017 to 2020 are included in the recall, with as many as
Continue ReadingBy MATT OTT AP Business Writer SILVER SPRING, Md. (AP) — Average long-term U.S. mortgage rates moved slightly higher in the final week of 2021. Mortgage buyer Freddie Mac reported Thursday that the average rate on the benchmark, 30-year home loan ticked up to 3.11% this week from 3.05% last week.  A year ago, the
Continue ReadingThe Associated Press Stocks are opening with slight gains on Wall Street Thursday, keeping the S&P 500 and the Dow Jones Industrial Average hovering just above the latest record highs they set a day earlier. The S&P 500 was up 0.3% in the first few minutes of trading, led by gains in banks, health care
Continue ReadingBy PAUL WISEMAN AP Economics Writer WASHINGTON (AP) — The number of Americans applying for unemployment benefits fell below 200,000, more evidence that the job market remains strong in the aftermath of last year’s coronavirus recession. Jobless claims dropped by 8,000 to 198,000, the Labor Department reported Thursday. The four-week average, which smooths out week-to-week
Continue ReadingBy HUIZHONG WU Associated Press TAIPEI, Taiwan (AP) — Chinese officials are promising steady deliveries of groceries to residents of Xi’an, an ancient capital with 13 million people that is under the strictest lockdown of a major Chinese city since Wuhan was shut early last year at the start of the pandemic. The Commerce Ministry
Continue ReadingBy JOE McDONALD AP Business Writer BEIJING (AP) — Global stock markets are mixed after Wall Street hit a high and new daily U.S. coronavirus cases surged to a record. London and Frankfurt opened lower and Tokyo and Seoul also declined. Shanghai and Hong Kong advanced. On Wednesday, Wall Street gained for its 70th record
Continue ReadingBy HUIZHONG WU Associated Press TAIPEI, Taiwan (AP) — Chinese officials are promising steady deliveries of groceries to residents of Xi’an, an ancient capital with 13 million people that is under the strictest lockdown of a major Chinese city since Wuhan was shut early last year at the start of the pandemic. The Commerce Ministry
Continue ReadingBy COLLEEN SLEVIN and THOMAS PEIPERT Associated Press DENVER (AP) — A man accused of killing five people in a rampage in Denver is believed to have written fictional books self-published online that named some of his real-life victims and described similar attacks. Denver police spokesman Doug Schepman says the writings are part of the
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