Oracle, Costco rise; Everbridge, Chewy fall
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Friday: Oracle, Costco rise; Everbridge, Chewy fall
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NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Friday: Oracle, Costco rise; Everbridge, Chewy fall
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By ALEX VEIGA AP Business Writer A late wave of buying sent stocks to solid gains on Wall Street Friday, sending the S&P 500 to another record high. The benchmark index rose 1% and closed out its best week since February. Technology stocks powered much of the gain. Business software maker Oracle surged 15.6% after
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By MARTIN CRUTSINGER and ANNE D’INNOCENZIO AP Business Writers WASHINGTON (AP) — A warehouse worker in Tennessee is running up against price increases that far exceed her modest pay raise. The owner of a pastry business in Massachusetts has had to reduce his product offerings and personally absorb higher costs. A grocery chain executive in
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By AMY BETH HANSON Associated Press HELENA, Mont. (AP) — This winter, more motorists may find themselves stuck on snowy highways or have their travel delayed due to a shortage of snowplow drivers. States from Washington to Pennsylvania and some in the Rocky Mountains are having trouble finding enough people willing to take the comparatively
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BUTTE, Mont. (AP) — A company that turned mining waste into roofing materials in Montana was fined and ordered to conduct medical monitoring after pleading guilty to exposing its employees to arsenic. Tinley Park, Illinois-based U.S. Minerals was sentenced to five years probation and ordered to pay a $393,200 fine during a Friday hearing before
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By FRANK BAJAK AP Technology Writer BOSTON (AP) — Computer security experts around the are racing to patch one of the worst software vulnerabilities discovered in years. The critical flaw is in an open-source utility widely used by government and industry. Experts say it is already being exploited and the fallout won’t be known for
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LAS VEGAS (AP) — A court appearance is set for next week for a man accused of driving a limousine onto aircraft ramps at Las Vegas’ international airport, donning a clown mask and declaring he had a bomb before surrendering to authorities. No injuries were reported after Matthew Ray Hancock was arrested Wednesday near private
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By MARTIN CRUTSINGER AP Economics Writer WASHINGTON (AP) — The U.S. budget deficit totaled $356.4 billion in the first two months of the budget year. That was down 17% from the same period a year ago due to a sharp jump in government revenues that offset a smaller increase in spending. In its monthly budget
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By ALAN FRAM Associated Press WASHINGTON (AP) — A new government report showing inflation rising at the fastest rate in nearly four decades is raising fresh questions about the fate of President Joe Biden’s social and environment legislation. Both sides are seeking clues on how the numbers may influence pivotal Democratic Sen. Joe Manchin. The
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By TOM KRISHER and DAVID EGGERT Associated Press DETROIT (AP) — General Motors and a joint-venture partner plan to build an electric vehicle battery factory in Lansing, Michigan, their third such factory in the U.S. The companies’ plans were revealed in documents posted on the city’s website Friday. They say the plant would cost up
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WASHINGTON (AP) — Amtrak passengers may be facing service cutbacks in January. The rail system’s president is blaming employees who haven’t gotten vaccinated. Stephen Gardner says about 95% of Amtrak workers are at least partially vaccinated. The rest face a Jan. 4 deadline set by the Biden administration. Amtrak’s president says if enough workers resist
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By ALEX VEIGA AP Business Writer Stocks are higher on Wall Street in afternoon trading Friday as investors weigh the latest government reading on consumer prices, which shows inflation is at a four-decade high. The S&P 500 was up 0.6%. The benchmark index has now recovered most of the losses incurred after the discovery of
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By TOM KRISHER AP Auto Writer DETROIT (AP) — Earlier this week, reports surfaced that Tesla allows drivers to play video games on dashboard touch screens while vehicles are moving. Now Mercedes-Benz has issued a U.S. recall for a simliar issue. The German automaker said in documents posted Friday by U.S. regulators that the issue
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By JARI TANNER Associated Press HELSINKI (AP) — Finland has agreed to buy 64 Lockheed Martin fighter jets to replace its aging fleet of combat planes in an $11.3 billion deal that represents the Finnish military’s largest ever purchase. Finland picked the American company’s F-35A fighters from among five contenders, which also included the Boeing
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By ALEX VEIGA AP Business Writer Stocks are mixed on Wall Street Friday as investors weigh the latest government reading on consumer prices, which shows inflation is at a four-decade high. The S&P 500 was up 0.3%, shedding most of an early gain. The benchmark index has now recovered most of the losses incurred after
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By ALAN FRAM Associated Press WASHINGTON (AP) — A report showing inflation rising at its fastest rate in nearly four decades is raising fresh questions about the fate of President Joe Biden’s social and environment legislation. Both sides hope the report will influence whether pivotal Sen. Joe Manchin will back the proposal. The West Virginia
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By ANNE D’INNOCENZIO The Associated Press NEW YORK (AP) — The nation’s largest food and retail union is urging more than 60 retail and grocery chains to implement stronger measures to help protect hourly workers amid a surge of virus infections and the new variant omicron. The United Food and Commercial Workers Union, which has
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By JARI TANNER Associated Press HELSINKI (AP) — Finland has agreed to buy 64 Lockheed Martin fighter jets to replace its aging fleet of combat planes in an $11.3 billion deal that represents the Finnish military’s largest ever purchase. Finland picked the American company’s F-35A fighters from among five contenders, which also included the Boeing
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BOSTON (AP) — Prosecutors say the owner of a warehousing company for the shipping industry who paid $75,000 to have someone correct his son’s answers on a college entrance exam has agreed to plead guilty in the nationwide college admissions bribery scandal. Federal prosecutors in Boston said Thursday that 67-year-old I-Hsin “Joey” Chen, of Newport
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By MENELAOS HADJICOSTIS Associated Press NICOSIA, Cyprus (AP) — ExxonMobil and partner Qatar Energy have expanded their stake in potential oil and gas deposits off Cyprus. The companies signed a deal Friday with the east Mediterranean island nation for a second exploration license in waters that Turkey partly claims. Drilling off Cyprus has been a
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