What Are the Usda Grades of Beef? Costco
War surges Norway's oil, gas profit. Now, it's urged to help
Europe's frantic search for alternatives to Russian natural gas has dramatically increased the demand — and price — for Norway's oil and gas
1 hour ago
California, New Zealand announce climate change partnership
The leaders of California and New Zealand have signed a pledge agreeing to help fight climate change
May 27
Wall Street breaks 7-week losing streak, longest since 2001
Stocks rose on Wall Street Friday and closed higher for the week, breaking a seven-week losing streak, the longest such stretch since 2001
May 27
Big Lots, American Eagle fall; Dell, Ulta Beauty rise
Stocks that traded heavily or had substantial price changes Friday: Big Lots, American Eagle fall; Dell, Ulta Beauty rise
May 27
How major US stock indexes fared Friday
Stocks rose on Wall Street Friday and closed higher for the week, breaking a seven-week losing streak, the longest such stretch since 2001
May 27
Tribal request to halt Arizona copper mine work is denied
A federal judge has rejected a request by Native American tribes to stop Toronto-based Hudbay Minerals Inc. from preparing a planned new Arizona copper mine's site in the Santa Rita Mountains near Tucson
May 27
Closing prices for crude oil, gold and other commodities
Closing prices for crude oil, gold and other commodities, and foreign exchange levels
May 27
Biden renews sanctions license for Chevron in Venezuela
The Biden administration has renewed a license partially exempting Chevron from sanctions on Venezuela so it can keep operating in the oil-rich, socialist-run nation
May 27
Alaska's largest natural gas utility being sold for $800M
The owner of the largest natural gas utility in Alaska says it is selling the company to Canada-based TriSummit Utilities Inc. The Anchorage Daily News reports the deal is worth $800 million
May 27
Live updates | Putin calls on Ukraine to remove sea mines
Russian President Vladimir Putin says that Ukraine should remove sea mines from areas near its ports to allow safe shipping
May 27
More Memorial Day travel expected, despite high gas prices
Pandemic-weary U.S. residents are confronting high gas prices as they decide whether to travel this Memorial Day weekend
May 27
'We don't have food': African leaders meet as crises grow
African leaders have gathered for a summit in Malabo, Equatorial Guinea, to address growing humanitarian needs on the continent, which is also facing increased violent extremism, climate change challenges and a run of military coups
May 27
Key inflation gauge slowed to still-high 6.3% over past year
An inflation gauge closely tracked by the Federal Reserve rose 6.3% in April from a year earlier, just below a four-decade high set in March and the first slowdown since November 2020
May 27
G-7 pledges put coal on notice, could boost climate aid
Officials from the Group of Seven wealthy nations have announced they will aim to largely end greenhouse gas emissions from their power sectors by 2035
May 27
UAE dismantles plane of gunrunner Russia wants for Americans
A Soviet-era cargo plane linked to an arms smuggler known as the "Merchant of Death" is being dismantled in a sheikhdom in the United Arab Emirates
May 27
Prepare for sticker shock if you are traveling this summer
If you haven't booked your summer vacation plans, you are already too late to snag the best deals, according to travel experts
May 27
Baby formula shortage highlights racial disparities
A massive safety recall and supply disruptions have swept many leading formula brands off store shelves
May 27
US wins latest legal battle to seize Russian yacht in Fiji
The U.S. has won the latest round of a legal battle to seize a superyacht.
May 27
Asian shares' rise broadly cheered by US earnings, rally
Asian shares are gaining as investors cheered a strong set of earnings from retailers that has sent U.S. shares higher
May 27
Baby formula shortage highlights racial disparities
A massive safety recall and supply disruptions have swept many leading formula brands off store shelves
May 27
Iraqi lawmakers pass bill criminalizing any ties with Israel
Iraqi lawmakers have passed a bill criminalizing any normalization of ties and any relations, including business ties, with Israel
May 26
Senate confirms Steven Cliff to lead highway safety agency
The Senate has confirmed former California pollution regulator Steven Cliff to run the National Highway Traffic Safety Administration
May 26
Thai garment workers win $8.3M in back pay after layoffs
More than 1,250 Thai workers who sewed bras for brands Victoria's Secret, Lane Bryant and Torrid — and who were laid off last year without their legally required severance — have received 281 million baht ($8.3 million) in compensation
May 26
Lease terms for California offshore wind projects released
The Biden administration is advancing plans for offshore wind projects that would place hundreds of turbines in California's coastal waters
May 26
Macy's raises annual profit outlook on strong Q1 results
Shoppers' return to occasion dressing helped to power Macy's fiscal first-quarter results
May 26
Correction: Starbucks-Union-Bargaining story
In a story published May 25, 2022, about Starbucks and unionization, The Associated Press erroneously reported the number of stores and workers that could be represented by a union
May 26
Twitter shareholders sue Musk, say he 'deflated' stock price
Twitter shareholders have filed a lawsuit against billionaire Elon Musk, accusing him of unlawfully sowing doubt about his bid to buy Twitter
May 26
How major US stock indexes fared Thursday
Stocks are ending higher on Wall Street Thursday as investors cheered a strong set of quarterly results from Macy's and other retailers
May 26
Macy's, Dollar Tree rise; Nutanix, Medtronic fall
Stocks that traded heavily or had substantial price changes Thursday: Macy's, Dollar Tree rise; Nutanix, Medtronic fall
May 26
Closing prices for crude oil, gold and other commodities
Closing prices for crude oil, gold and other commodities, and foreign exchange levels
May 26
Justices won't block Biden policy on 'social cost of carbon'
The Supreme Court has allowed the Biden administration to use a higher estimate than Republican-led states want for calculating damages to people and the environment from greenhouse gas emissions
May 26
Southwest, JetBlue boost forecasts on strong travel demand
Airline stocks are soaring, with Southwest and JetBlue saying revenue this summer will be even stronger than they were expecting
May 26
Sri Lanka PM stresses urgency for economic reform plan
Sri Lanka's prime minister says that he will quickly prepare an economic reform program and seek approval from the International Monetary Fund
May 26
West mulls having Russian oligarchs buy way out of sanctions
Government officials familiar with the matter say Western allies are considering whether to allow Russian oligarchs buy their way out of western sanctions and using the money to rebuild Ukraine
May 26
At Davos, climate activists say major issues ignored
Climate activists are reflecting on discussions during this week's World Economic Forum in Davos, Switzerland
May 26
Davos ends with Germany pushing global work on climate, war
German Chancellor Olaf Scholz has expressed hopes for global cooperation on climate change, hunger and war as dozens of climate activists demonstrated in the Swiss town of Davos
May 26
CEO pay up 17% as profits, stocks soar; workers fall behind
Pay for CEOs who run the biggest U.S. companies soared 17.1% last year, up to a median of $14.5 million
May 26
Big tech deals keep coming: Broadcom buys VMware for $61B
Computer chip and software maker Broadcom will spend about $61 billion to acquire the cloud technology company VMware, one of the biggest deals of the year despite rising inflation and some economic uncertainty
May 26
Alibaba reports slowest growth yet amid COVID-19 outbreaks
Alibaba Group Holding on Thursday reported a single-digit increase in its fourth-quarter revenue, its slowest quarter yet as its online services and e-commerce businesses took a hit amid COVID-19 lockdowns across China
May 26
Live updates | Putin says West will fail in isolating Russia
Russian President Vladimir Putin says the West will fail in its attempts to isolate Russia and face growing economic problems
May 26
US economy shrank by 1.5% in Q1 but consumers kept spending
The U.S. economy shrank in the first three months of the year even though consumers and businesses kept spending at a solid pace, the government reported Thursday in a slight downgrade of its previous estimate for the January-March quarter
May 26
Germany: G-7 nations can lead the way on ending coal use
Germany's energy and climate minister says the Group of Seven wealthy nations can lead the way on ending the use of coal
May 26
Fewer Americans apply for jobless benefits last week
Fewer Americans applied for jobless aid last week as the number of Americans collecting unemployment benefits remains near five-decade lows
May 26
Retailers' troubles sound the alarm for rest of economy
The fastest inflation in 40 years squeezed retailers during the first quarter, alarming investors worried about the broader economy's outlook
May 26
Davos updates | Scholz doesn't think Putin will win war
German Chancellor Olaf Scholz has reiterated his conviction that Russian President Vladimir Putin will not win the war in Ukraine
May 26
Davos Voices: What leaders say about climate change, war
The World Economic Forum's annual gathering of CEOs, government leaders and other elites this week in the Swiss town of Davos may seem full of important but impersonal announcements
May 26
Female CEO's pay rose 26% in 2021, but ranks remain small
Pay packages for the women who run S&P 500 companies jumped in 2021 as the economy recovered and stock prices and profits soared
May 26
Turkish central banks keeps rate at 14% despite inflation
Turkey's central bank kept its main interest rate unchanged for a fifth month running despite an annual inflation rate of nearly 70%
May 26
Source: https://abcnews.go.com/business
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