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Tesla investors approve stock split; Musk to add factories

Tesla shareholders have approved a three-for-one stock split, a move that will make the company’s shares more accessible to smaller investors ByThe Associated Press August 04,...

CEO of publishing giant defends deal challenged by US gov’t

WASHINGTON -- The head of publishing titan Penguin Random House on Thursday defended his company’s deal to acquire rival Simon & Schuster against the...

DoorDash sees record orders in Q2 as it combines with Wolt

DoorDash has reported that it received a record number of customer orders in the second quarter, boosted by resilient demand and its acquisition of...

Closing prices for crude oil, gold and other commodities

Benchmark U.S. crude oil for September delivery fell $2.12 to $88.54 a barrel Thursday ByThe Associated Press August 04, 2022, 3:32 PM Benchmark U.S. crude oil for...

Applications for US jobless claims up again last week

WASHINGTON -- More Americans applied for jobless benefits last week as the number of unemployed continues to rise modestly, though the labor market remains...

Bank of England likely to raise interest rates — maybe a lot

LONDON -- The Bank of England is likely to announce its biggest interest rate increase in more than 27 years on Thursday as it...

Asian shares rise on optimism on economic data, earnings

TOKYO -- Asian shares were mostly higher Thursday as investors welcomed encouraging economic data and quarterly earnings reports from big companies. Benchmarks rose in Tokyo,...

US proposes to increase refund protections for air travelers

The federal government is proposing tougher rules for when airlines must give passengers refunds for changing their travel plans ByThe Associated Press August 03, 2022, 10:36...

Musk response to Twitter lawsuit to be made public by Friday

A judge has ruled that Elon Musk’s answer to Twitter’s lawsuit over his attempt to back out of a $44 billion deal to buy...

Machinists at 3 Boeing defense plants ratify new contract

Workers in three Boeing factories in the Midwest have a new contract, and Boeing is averting the threat of a strike ByThe Associated Press August 03,...