Latest Business News
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North Carolina regulators say nonprofit run by lieutenant governor's wife owes the state $132K
RALEIGH. N.C. (AP) — North Carolina state regulators now declare a nonprofit run by the wife of North Carolina Lt. Gov. Mark Robinson must repay over $132,000 for what they call disallowed expenses while carrying out a federally funded child care meal program. The state Department...
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Bills co-owner Kim Pegula helps break team huddle in latest sign of her recovery from cardiac arrest
PITTSFORD, N.Y. (AP) — Buffalo Bills co-owner Kim Pegula showed significant signs in her recovery from a debilitating cardiac arrest by being escorted to the field by her husband to help break the post-practice team huddle on Friday. Though her steps were somewhat tentative, this...
Senators call on Federal Trade Commission to investigate automakers' sale of driving data to brokers
DETROIT (AP) — Two U.S. senators are calling on the Federal Trade Commission to investigate automakers selling customers' driving data to brokers who package it and then sell it to insurance companies. In a letter to FTC Chairwoman Linda Khan, Democrats Ron Wyden of Oregon, and...
The city of Atlanta fires its human resources chief over 'preferential treatment' of her daughter
ATLANTA (AP) — Atlanta’s head of human resources was fired for abusing her power as a City Hall employee by “encouraging preferential treatment” of her daughter, the Atlanta Journal-Constitution reported. The Office of Inspector General released a report in May alleging that...
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G20 finance ministers agree to work toward effectively taxing the super-rich
RIO DE JANEIRO (AP) — Finance ministers from leading rich and developing nations agreed Friday to strive toward effectively taxing the super-rich, a joint ministerial declaration said. “With full respect to tax sovereignty, we will seek to engage cooperatively to ensure that...
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Stock market today: Most of Wall Street leaps in a widespread rally, from big stocks to small
NEW YORK (AP) — A widespread rally swept Wall Street Friday, lifting far-reaching corners, to close a tumultuous week where stocks that had been left behind for much of this year’s record-setting run wrested the spotlight back from the market’s biggest stars. The S&P 500...
First Capital: Q2 Earnings Snapshot
CORYDON, Ind. (AP) — CORYDON, Ind. (AP) — First Capital Inc. (FCAP) on Friday reported profit of $2.8 million in its second quarter. The Corydon, Indiana-based company said it had profit of 85 cents per share. The bank holding company posted revenue of $14.2...
Territorial Bancorp: Q2 Earnings Snapshot
HONOLULU (AP) — HONOLULU (AP) — Territorial Bancorp Inc. (TBNK) on Friday reported a loss of $775,000 in its second quarter. The bank, based in Honolulu, said it had a loss of 9 cents per share. The holding company for Territorial Savings Bank posted revenue of...
How major US stock indexes fared Friday, 7/26/2024
Wall Street rallied following encouraging reports on inflation and on profits at 3M and other big U.S. companies. The S&P 500 rose 1.1% for its best day in seven weeks. The Dow Jones Industrial Average jumped 1.6%, and the Nasdaq composite climbed 1%. The...
Newell Brands, 3M rise; Saia, DexCom fall, Friday, 7/26/2024
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes on Friday: Bristol-Myers Squibb Co., up $5.18 to $50.45. The biopharmaceutical company beat analysts' second-quarter earnings and revenue forecasts. Colgate-Palmolive Co., up...
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