Latest Business News
You don't have to live in the tropics to grow peanuts
Peanuts are generally grown in southern climes. Most come from China, India, Nigeria and the southern U.S., which all fall squarely in climates in or similar to USDA hardiness zones 8-11. Which is to say, their summers are long enough to allow for the up to 150 days necessary for...
Post Malone and Doja Cat to headline Global Citizen Festival to mobilize young people
NEW YORK (AP) — Post Malone and Doja Cat, two of pop music’s biggest stars, will headline this year’s Global Citizen Festival in New York’s Central Park on Sept. 28, as organizers focus on mobilizing young people to help address the world’s pressing problems. The COVID-19...
America's Car-Mart: Fiscal Q4 Earnings Snapshot
ROGERS, Ark. (AP) — ROGERS, Ark. (AP) — America's Car-Mart Inc. (CRMT) on Tuesday reported fiscal fourth-quarter earnings of $426,000. On a per-share basis, the Rogers, Arkansas-based company said it had net income of 6 cents. The results matched Wall Street...
Mesa Air: Fiscal Q2 Earnings Snapshot
PHOENIX (AP) — PHOENIX (AP) — Mesa Air Group Inc. (MESA) on Tuesday reported net income of $11.7 million in its fiscal second quarter. The Phoenix-based company said it had net income of 28 cents per share. Earnings, adjusted for non-recurring gains, were 15 cents per share. ...
Patterson Cos.: Fiscal Q4 Earnings Snapshot
ST PAUL, Minn. (AP) — ST PAUL, Minn. (AP) — Patterson Cos. (PDCO) on Tuesday reported fiscal fourth-quarter profit of $67 million. On a per-share basis, the St Paul, Minnesota-based company said it had net income of 74 cents. Earnings, adjusted for amortization costs, came to 82...
China targets Europe's farmers, and not its automakers, in response to EU tariffs on electric cars
BEIJING (AP) — The Chinese government is taking aim at European farmers instead of German automakers by launching an investigation into European Union pork imports, just days after the EU said it plans to impose provisional tariffs on China-made electric vehicles. The Commerce...
Dozens arrested in Kenya protests over proposed tax hikes in finance bill
NAIROBI, Kenya (AP) — Dozens of protesters have been arrested in Kenya’s capital, Nairobi, in ongoing protests against proposed tax hikes in a finance bill that is due to be tabled in parliament. Civil society groups say that despite the arrests, demonstrations and a planned...
Stellantis recalling nearly 1.2 million vehicles to fix software glitch that disables rear camera
DETROIT (AP) — Stellantis is recalling nearly 1.2 million vehicles in the U.S. and Canada to fix a software glitch that can disable the rearview cameras. The recall covers Jeep Compass, Grand Cherokee, Wagoneer and Grand Wagoneer SUVs from the 2022 and 2023 model years. Also...
Before his summit with North Korea's Kim, Putin vows they'll beat sanctions together
SEOUL, South Korea (AP) — Russian President Vladimir Putin thanked North Korea for supporting his actions in Ukraine and said their countries will cooperate closely to overcome U.S.-led sanctions as he headed to Pyongyang on Tuesday for a summit with North Korean leader Kim Jong Un. ...
Stock market today: World shares mostly gain after Wall St rallies to new records
BANGKOK (AP) — Shares were mostly higher in Europe and Asia on Tuesday after U.S. stocks rallied to more records, with gains for technology companies pushing the benchmarks higher. Germany's DAX climbed 0.4% to 18,135.67, while the CAC 40 in Paris rose 0.4% to 7,600.86. In London,...
