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Alcoa, Goldman Sachs rise; Duck Creek, Corsair Gaming fall
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Friday: Alcoa, Goldman Sachs rise; Duck Creek, Corsair Gaming fall
Continue ReadingNEW YORK (AP) — Stocks that traded heavily or had substantial price changes Friday: Alcoa, Goldman Sachs rise; Duck Creek, Corsair Gaming fall
Continue ReadingBy STAN CHOE and ALEX VEIGA AP Business Writers Stocks ended higher again on Wall Street Friday, giving the S&P 500 its best week since July. The benchmark index added 0.7% and ended the week up 1.8%. Encouraging reports on the economy and corporate profits helped the market steady itself following a shaky few weeks.
Continue ReadingBy ANNE D’INNOCENZIO AP Retail Writer NEW YORK (AP) — Americans continued to spend at a solid clip in September even while facing sticker shock in grocery aisles, car lots and restaurants as snarled global supply chains slow the flow of goods. Retail sales rose a seasonally adjusted 0.7% in September from the month before,
Continue ReadingBy BRENDAN FARRINGTON Associated Press TALLAHASSEE, Fla. (AP) — A Florida task force is recommending several changes in the state’s condominium laws to ensure the safety of aging structures in the wake of a building collapse that killed 98 people. The task force formed by the Real Property, Probate and Trust Law Section of the
Continue ReadingBy LARRY NEUMEISTER Associated Press NEW YORK (AP) — The lawyer for an Afghan commander awaiting trial in Manhattan federal court says it’s preposterous to charge his client in the killing of three American soldiers. Attorney Mark Gombiner spoke Friday at a pretrial hearing after Haji Najibullah pleaded not guilty to charges in a rewritten
Continue ReadingBy MATT O’BRIEN AP Technology Writer Amazon’s audiobook service Audible and phone apps for reading the holy books of Islam and Christianity have disappeared from the Apple store in mainland China. The steps are the latest examples of the impact of China’s tightened rules for internet firms. Audible said Friday that it removed its app
Continue ReadingWASHINGTON (AP) — Chief Justice John Roberts has rejected a Supreme Court stay request from the St. Louis-based natural gas company Spire Inc. to allow it to keep operating a pipeline through Illinois and Missouri. Roberts did not comment Friday in refusing to temporarily pause a lower court order affecting the operation of the Spire
Continue ReadingBy MATTHEW PERRONE and LAURAN NEERGAARD Associated Press WASHINGTON (AP) — A panel of U.S. health advisers has endorsed booster doses of Johnson & Johnson’s single-shot COVID-19 vaccine. The Food and Drug Administration panel said Friday that the booster should be offered at least two months after immunization but didn’t suggest a firm time. The
Continue ReadingQUITO, Ecuador (AP) — Customers of Ecuador’s largest bank continue to experience service disruptions following a cyberattack on the institution earlier this week. Long lines formed outside Pichincha bank branches on Friday and thousands of customers took their complaints to social media. People reported being unable to access services offered by the bank’s online and
Continue ReadingBEIJING (AP) — China has launched three astronauts to its space station for a record-setting six-month stay for the country. The spacecraft blasted off early Saturday and was due to dock at the space station about six hours later. The three astronauts are the second crew to move into the new space station, which was
Continue ReadingWASHINGTON (AP) — Chief Justice John Roberts has rejected a Supreme Court appeal by the St. Louis-based natural gas company Spire Inc. to allow it to keep operating a pipeline through Illinois and Missouri. Roberts did not comment Friday in refusing to temporarily pause a lower court order affecting the operation of the Spire STL
Continue ReadingBy SUSAN MONTOYA BRYAN Associated Press ALBUQUERQUE, N.M. (AP) — A New Mexico judge has denied a request by dozens of scientists and others at Los Alamos National Laboratory who sought to block a vaccine mandate. Workers risk being fired if they don’t comply with the lab’s Friday afternoon deadline. It’s possible an appeal could
Continue ReadingBy MENELAOS HADJICOSTIS Associated Press NICOSIA, Cyprus (AP) — Cyprus says it has started procedures to revoke citizenship granted to 39 foreign nationals and six of their family members under the east Mediterranean island nation’s canceled investment-for-passports program. A government spokesperson said Friday that the Council of Ministers decided to overturn an earlier decision to
Continue ReadingBERLIN (AP) — Pharmaceutical company Pfizer and biotechnology company BioNTech have requested to have their coronavirus vaccine licensed for children ages 5 to 11 across the European Union. If EU regulators agree, it would be the first opportunity for younger children in Europe to get immunized against COVID-19. Pfizer and BioNTech said Friday they have
Continue ReadingTHE HAGUE, Netherlands (AP) — A Cabinet minister says the Dutch government is planning a multibillion euro package to help households cope with soaring energy bills. The Netherlands is the latest European nation to seek to deal with the effects of surging prices for electricity and gas. The state secretary for economic affairs and climate
Continue ReadingBy KEN SWEET AP Business Writer NEW YORK (AP) — Goldman Sachs’ profits jumped 60% from a year earlier, as the deal-making bonanza that dominated financial markets this summer brought in hundreds of millions of dollars in fee revenue for the investment bank. The New York-based firm said it earned a profit of $5.28 billion,
Continue ReadingBy STAN CHOE and ALEX VEIGA AP Business Writers Stocks are climbing again on Friday, as encouraging reports on the economy and corporate profits help Wall Street firm itself following a shaky few weeks. The S&P 500 was 0.8% higher in afternoon trading and is flirting with its best weekly performance since July. Better-than-expected profit
Continue ReadingBEIJING (AP) — China’s central bank says financial risks from China Evergrande Group’s debt problems are “controllable” and unlikely to spill over, amid growing investor concerns that the crisis could ripple through other developers. Evergrande is the world’s most indebted developer, with over $300 billion in liabilities. The company has missed a third round of
Continue ReadingBy MATTHEW PERRONE and LAURAN NEERGAARD Associated Press WASHINGTON (AP) — U.S. health advisers are meeting to tackle who needs boosters of Johnson & Johnson’s single-shot COVID-19 vaccine and when. Advisers to the Food and Drug Administration on Friday also will examine data suggesting that booster of a competing brand might provide better protection. The
Continue ReadingThe Associated Press Stocks are opening higher on Wall Street Friday, setting the market up to end the week on a strong note after a sluggish start. The S&P 500 index was up 0.5%, adding to its gains from a rally a day earlier when it had its biggest increase since March. Small-company stocks did
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