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Target feels inflation’s sting in first quarter, shares slip

Target’s first-quarter profit took a big hit from higher costs, despite strong sales growth By ANNE D’INNOCENZIO AP Business Writer…

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Business

Environmentalists oppose more life for California nuke plant

Dozens of environmental and anti-nuclear organizations are opposing any attempt to extend the operating life of California’s last running nuclear…

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Business

Buffett’s firm reveals new stakes in Paramount, Citigroup

Warren Buffett’s company has revealed all the investment moves it made in the first quarter, when it spent more than…

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Business

Musk hints at paying less for Twitter than his $44B offer

Tesla CEO Elon Musk has given the strongest hint yet that he would like to pay less for Twitter than…

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Health

Biden offers logistics support to ease formula shortage

President Joe Biden is offering formula manufacturers and retailers transportation and logistics support to ease the nationwide shortage of baby…

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Business

Buttigieg sends $5B to cities for safety as road deaths soar

WASHINGTON — With upcoming data showing traffic deaths soaring, the Biden administration is steering $5 billion in federal aid to…

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Business

Official: China’s economy reviving as anti-virus curbs ease

A Cabinet official says China’s sluggish economy is improving as the government eases anti-virus curbs and some businesses in Shanghai…

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Health

Kim blasts pandemic response as North Korean outbreak surges

North Korean leader Kim Jong Un blasted officials over slow medicine deliveries and ordered his military to respond to the…

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Business

Saudi oil giant Aramco’s first-quarter profits surge 80%

Oil giant Saudi Aramco says its profits soared more than 80% in the first three months of the year, as…

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Business

Baby formula shortage fueling spike in milk bank interest

The U.S. baby formula shortage has sparked a surge of interest at milk banks around the U.S. with some mothers…

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