Tag: Business
FedEx posts profit as online shopping boom continues
NEW YORK — FedEx reported a nearly $2 billion profit in its most recent quarter, after reporting a loss the year before, helped by...
Bipartisan senators reach tentative plan on infrastructure
WASHINGTON — A bipartisan group of senators reached a tentative framework on an infrastructure deal Wednesday ahead of a crucial meeting with President Joe...
Brazil scrambles to help the poor, while they barely hang on
RIO DE JANEIRO — Brazil’s President Jair Bolsonaro has asked supermarkets to lower prices of staple foods and his economy minister suggested homeless people...
NBCUniversal celebrates opening of New Mexico studio
ALBUQUERQUE, N.M. — Executives with NBCUniversal celebrated the opening of a new production facility in New Mexico on Thursday, as state and local officials...
Senators to pitch bipartisan infrastructure plan to Biden
WASHINGTON — A bipartisan gang of senators is seeking President Joe Biden’s support for a $953 billion infrastructure plan, raising hopes for a breakthrough...
Pandemic pets are a ‘furry annuity,’ says Petco CEO
NEW YORK — Yummy, a 12-year-old Labrador retriever, is in Petco's San Diego offices so much he has his own title.
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Alaska faces shutdown threat amid budget, dividend dispute
JUNEAU, Alaska — Alaska faces the prospect of a partial government shutdown next week amid an ongoing fight over how much to pay residents...
Western drought brings another woe: voracious grasshoppers
BILLINGS, Mont. — A punishing drought in the U.S. West is drying up waterways, sparking wildfires and leaving farmers scrambling for water. Next up:...
Avenatti sentencing postponed until July 9 in Nike case
NEW YORK — A judge on Thursday postponed until July 9 the sentencing of Michael Avenatti for the once high-profile lawyer's conviction in an...
Judge appeals skeptical over effort to dismiss Dominion suit
WASHINGTON — A federal judge on Thursday appeared skeptical of arguments to dismiss a defamation lawsuit filed by Dominion Voting Systems over baseless 2020...