Thor Industries: Fiscal Q2 Earnings Snapshot
ELKHART, Ind. — Thor Industries: Fiscal Q2 Earnings Snapshot
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Dole: Q4 Earnings Snapshot
DUBLIN — Dole: Q4 Earnings Snapshot
Continue Reading Biden will seek Medicare changes, up tax rate in new budget
By CHRIS MEGERIAN Associated Press WASHINGTON (AP) — President Joe Biden wants to increase taxes to boost funding for Medicare and expand the program’s ability to negotiate lower costs for prescription drugs, according to advance details of his budget proposal being released later this week. The Democratic president outlined his plan in a guest essay
Continue Reading Hungarian delegation backs Sweden’s NATO application
By JAN M. OLSEN Associated Press COPENHAGEN, Denmark (AP) — A parliamentary delegation from Hungary says it supports Sweden’s NATO membership bid after meeting the speaker of the Swedish parliament to iron out what Hungary’s governing party has called “political disputes.” Some Hungarian lawmakers have raised doubts about whether to support the NATO membership applications
Continue Reading Canaan: Q4 Earnings Snapshot
BEIJING — Canaan: Q4 Earnings Snapshot
Continue Reading UK says plan to stop Channel migrants pushes bounds of law
By JILL LAWLESS Associated Press LONDON (AP) — The U.K. government says it’s ready for human-rights legal challenges to a tough new law intended to stop tens of thousands of migrants a year reaching the country in small boats across the English Channel. Home Secretary Suella Braverman said Tuesday the government had “pushed the boundaries
Continue Reading Japan launches H3 rocket, destroys it over 2nd-stage failure
By MARI YAMAGUCHI Associated Press TOKYO (AP) — Japan’s space agency intentionally destroyed a new H3 rocket minutes after its launch Tuesday because the ignition failed for the second stage of the country’s first new rocket series in more than two decades. Coming three weeks after an aborted launch due to a separate glitch, the
Continue Reading Lego posts boost in profit, sales as it raised some prices
COPENHAGEN, Denmark (AP) — Lego says profits increased by 5% in 2022 from a year earlier and sales roles even as it raised prices on higher-ticket toys. The Danish toy company said net profit rose to 13.8 billion kroner, or $2 billion, from 13.3 billion kroner. Sales were up 12%, while revenue grew 17%. CEO
Continue Reading Kakao offers to buy 35% of K-pop firm SM in growing battle
By ZEN SOO Associated Press HONG KONG (AP) — South Korean technology firm Kakao has launched a tender offer to buy up to 35% of K-pop agency SM Entertainment and become its largest shareholder, escalating a battle with entertainment firm Hybe for control of the company. Kakao offered a tender price of 150,000 won ($115)
Continue Reading Global shares mixed as investors watch Fed moves, inflation
By YURI KAGEYAMA AP Business Writer TOKYO (AP) — Global shares were mixed in muted trading Tuesday as investors tried to digest a slew of economic data and awaited moves by the U.S. Federal Reserve. France’s CAC 40 fell 0.1% in early trading to 7,363.24. Germany’s DAX added nearly 0.1% to 15,659.63. Britain’s FTSE 100
Continue Reading China’s trade contracts as Western demand weakens
By JOE McDONALD AP Business Writer BEIJING (AP) — China’s trade contracted again in January and February as U.S. and European demand weakened in the face of interest rate hikes, adding to pressure on official efforts to revive economic growth following the end of anti-virus controls. Customs data show exports sank 6.8% from a year
Continue Reading Sri Lanka leader says IMF deal imminent after China’s pledge
By KRISHAN FRANCIS Associated Press COLOMBO, Sri Lanka (AP) — Sri Lanka’s president says China has given crucial debt restructuring assurances that mean the bankrupt nation could get its bailout package approved soon. President Ranil Wickremesinghe told Parliament on Tuesday that he has sent a letter of intent to the International Monetary Fund, which he
Continue Reading Asian shares mixed as investors watch Fed moves, inflation
By YURI KAGEYAMA AP Business Writer TOKYO (AP) — Asian shares were mixed in muted trading Tuesday, as investors tried to digest a slew of economic data and awaited moves by the U.S. Federal Reserve. Japan’s benchmark Nikkei 225 rose 0.3% to 28,309.16. Australia’s S&P/ASX 200 gained 0.5% to 7,364.70. South Korea’s Kospi added less
Continue Reading France on strike: Unions say ‘non’ to higher pension age
By ELAINE GANLEY, SYLVIE CORBET and NICOLAS GARRIGA Associated Press PARIS (AP) — More than a million demonstrators marched in cities and towns across France on Tuesday, in a new round of protests and strikes against the government’s plan to raise the retirement age to 64. Unions called for more protests this weekend while warning
Continue Reading US sees China propaganda efforts becoming more like Russia’s
By NOMAAN MERCHANT and MATTHEW LEE Associated Press WASHINGTON (AP) — China has long been seen by the U.S. as a prolific source of anti-American propaganda but less aggressive in its influence operations than Russia, which has used cyberattacks and covert operations to disrupt U.S. elections and denigrate rivals. But many in Washington now think
Continue Reading Australia helicopter pilot didn’t hear any call before crash
By NICK PERRY Associated Press WELLINGTON, New Zealand (AP) — A helicopter pilot who was coming into land at an Australian theme park has told investigators he didn’t hear the pilot on the ground announce he was taking off before the fatal collision between their aircraft. The investigators said in their preliminary report Tuesday that
Continue Reading Oklahomans head to polls for one issue: legal marijuana
By SEAN MURPHY Associated Press OKLAHOMA CITY (AP) — Oklahoma voters are going to the polls to decide whether to make the state one of the most conservative to approve recreational marijuana. State Question 820, which is the only issue on the ballot Tuesday, would legalize marijuana for those over the age of 21. Oklahoma
Continue Reading Powell to face Senate grilling on Fed rates and inflation
By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — If measures of the U.S. economy keep coming in hot, as they did in January, the Federal Reserve will likely have to raise interest rates even higher than it has already signaled — and keep them there longer — Chair Jerome Powell will likely warn in
Continue Reading Asian shares rise as investors watch Fed moves, inflation
By YURI KAGEYAMA AP Business Writer TOKYO (AP) — Asian shares were mostly higher in muted trading Tuesday, as investors tried to digest a slew of economic data and awaited moves by the U.S. Federal Reserve. Japan’s benchmark Nikkei 225 rose 0.4% to 28,336.98. Australia’s S&P/ASX 200 gained 0.5% to 7,366.90. South Korea’s Kospi added
Continue Reading Australia hikes key interest rate to 3.6% to fight inflation
CANBERRA, Australia (AP) — Australia’s central bank has increased its benchmark interest rate by another quarter-point to 3.6% as it continues trying to tame inflation. It was the 10th rate rise in a row by the Reserve Bank of Australia and brings interest rates to their highest point in 11 years. The increase will put
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