Latest Business News
Famine is said to be 'imminent' in northern Gaza as Israel raids the main hospital again
RAFAH, Gaza Strip (AP) — Famine is "imminent” in northern Gaza, where 70% of people are experiencing catastrophic hunger, according to a report Monday that warned escalation of the war could push half of Gaza's total population to the brink of starvation. The report, by the...
JOYY: Q4 Earnings Snapshot
SINGAPORE (AP) — SINGAPORE (AP) — JOYY Inc. (YY) on Monday reported earnings of $45.8 million in its fourth quarter. On a per-share basis, the Singapore-based company said it had profit of 74 cents. Earnings, adjusted for one-time gains and costs, were $1.01 per share. ...
Column: F1 needs to take control of the Red Bull drama as Horner accuser files FIA complaint
If Christian Horner had his way, this messy saga over an allegation of misconduct made against him by an employee would be forgotten by now. He was cleared of wrongdoing by parent company Red Bull ahead of Formula 1's season-opening race last month and Horner has delivered on his...
EPA bans asbestos, a deadly carcinogen still in use decades after a partial ban was enacted
WASHINGTON (AP) — The Environmental Protection Agency on Monday announced a comprehensive ban on asbestos, a carcinogen that kills tens of thousands of Americans every year but is still used in some chlorine bleach, brake pads and other products. The final rule marks a major...
FinVolution: Q4 Earnings Snapshot
SHANGHAI (AP) — SHANGHAI (AP) — FinVolution Group (FINV) on Monday reported profit of $73.9 million in its fourth quarter. On a per-share basis, the Shanghai-based company said it had net income of 27 cents. Earnings, adjusted for non-recurring costs, were 29 cents per share. ...
Former British tech star depicted as scam artist, visionary in trial about HP's disastrous 2011 deal
SAN FRANCISCO (AP) — Federal prosecutors on Monday painted one-time British tech star Mike Lynch as the ruthless mastermind of an $11 billion deal that defrauded Silicon Valley pioneer Hewlett Packard. But his lawyer depicted him as a visionary who was made a scapegoat for a...
What to know about the SAVE plan, the income-driven plan to repay student loans
NEW YORK (AP) — More than 7.5 million student loan borrowers have enrolled in the U.S. government's newest repayment plan since it launched in August. President Joe Biden recently announced that he was canceling federal student loans for nearly 153,000 borrowers enrolled in the...
Official revenue estimates tick up slightly as Delaware lawmakers eye governor's proposed budget
DOVER, Del. (AP) — Delaware’s official government revenue forecast for the current fiscal year has grown by more than $70 million since December, but officials still expect total general fund revenue to be slightly lower than last year. Meeting for the first time this year, the...
UnitedHealth says it has made progress on recovering from a massive cyberattack
UnitedHealth is testing the last major system it must restore from last month’s Change Healthcare cyberattack, but it has no date yet for finishing the recovery. The health care giant said Monday that it is testing software for submitting medical claims. It already has largely...
Stock market today: Wall Street rises ahead of a big week for central banks
NEW YORK (AP) — U.S. stocks rose Monday ahead of a busy week for central banks around the world that could dictate where interest rates go. The S&P 500 added 32.33 points, or 0.6%, to 5,149.42, coming off its first back-to-back weekly losses since October. At one point during...