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Economy News

AP Top Stories May 7 P

Here are the top stories for Friday, May 7th; April jobs report disappoints; Derek Chauvin, 3 other Minneapolis police ...

Peloton expects to lose $165 million in revenue from recall

Peloton said Thursday that the recall of its treadmills will shrink its revenue by $165 million in the current quarter.

Beyond Meat's Q1 hobbled by marketing costs, lower prices

Plant-based meat company Beyond Meat posted a first-quarter loss Thursday after higher sales were offset by marketing costs ...

Cheney, Trump feud gets mixed reviews in Wyoming

With Republicans in Washington turning up the heat to oust Rep. Liz Cheney, a firm Trump critic who holds the No. 3 GOP role ...

Biden pushes infrastructure plan in GOP stronghold

With a badly aging bridge as his backdrop, President Joe Biden stood in reliably Republican Louisiana on Thursday to pressure ...

Austin: US troop withdrawal going as planned

The U.S. top military leaders say that the withdrawal of U.S. troops from Afghanistan is going "according to plan" and ...

Fishing tensions flare between France, UK over Brexit rules

British Royal Navy vessels and French police boats patrolled Thursday near the English Channel island of Jersey, where French ...

Commendations, minor reprimands for officer in Wright death

The service file of a suburban Minneapolis police officer charged with manslaughter in the shooting death of Daunte Wright ...

Chicago suburb to pay reparations through housing

The Chicago suburb of Evanston is preparing to pay reparations in the form of housing grants to Black residents who ...

Ramadan in Xinjiang: Faith wanes in religious curbs

Under the weight of official policies, the future of Islam appears to be in doubt in Xinjiang, a rugged realm of craggy ...

Boeing crash victims' families push for changes at FAA

Family members who lost relatives in the second deadly crash of a Boeing 737 Max met with Transportation Department officials ...

EU plans tightening foreign investment, with eye on China

The European Union is planning to tighten rules on foreign investment in its 27 members and boost production autonomy for ...

Space travel grows 20 years after 1st space tourist

20 years ago, Dennis Tito paid $20M to visit the International Space Station. Today people are following in his cosmic ...

SpaceX launches Starlink satellites into orbit

SpaceX launched a Falcon 9 rocket carrying 60 Starlink satellites from Kennedy Space Center at Cape Canaveral Tuesday.

Suspected extremist in Kenya's east blow up truck killing 2

At least two people were killed near Kenya's eastern border with Somalia when the vehicle they were travelling in ran over ...

Tesla told to provide documents involving Musk compensation

A Delaware judge on Monday ordered lawyers representing Tesla Inc. directors to turn over certain communications that CEO ...

Biden pushes tax hikes to fund education proposals

President Joe Biden was in Virginia pushing his plans to increase spending on education and children, part of his $1.

Powell sees need to help most vulnerable in uneven recovery

Federal Reserve Chairman Jerome Powell says the economic outlook has “clearly brightened” in the United States but the ...

When Buffett is gone, Abel will take over as Berkshire CEO

Vice Chairman Greg Abel will succeed billionaire Warren Buffett as Berkshire Hathaway CEO, according to a report.

Meredith to sell TV station division to Gray Television

Magazine publisher and multimedia company Meredith Corp. said Monday it will sell its Local Media Group consisting of 17 ...

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