Business Stories from October 7, 2022 (Change date)
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CVS, Levi Strauss fall; Credit Suisse, Ambac riseOct 07, 2022 7:00 am - NEW YORK (AP) - Stocks that traded heavily or had substantial price changes Friday: Ambac Financial Group Inc., up $2 to $14.80. The bond insurer is settling a mortgage...
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US, UK hold drone drill in Persian Gulf after Iran seizuresOct 07, 2022 7:00 am - DUBAI, United Arab Emirates (AP) - The U.S. Navy held a joint drone drill with the United Kingdom on Friday in the Persian Gulf, testing the same unmanned surveillance s...
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Mexico president taps tax agency head for Economy DepartmentOct 07, 2022 7:00 am - MEXICO CITY (AP) - Mexican President Andrés Manuel López Obrador said Friday he has chosen the head of the country's tax agency to fill the cabinet-level post of secre...
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Grains mostly higher, Livestock mixedOct 07, 2022 7:00 am - Wheat for Dec. was up 1.25 cents at $8.8025 a bushel; Dec. corn rose 7.75 cents at $6.8325 a bushel, Dec. oats fell 18 cents at $3.79 a bushel; while Nov. soybeans gaine...
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Closing prices for crude oil, gold and other commoditiesOct 07, 2022 7:00 am - Benchmark U.S. crude oil for November delivery rose $4.19 to $92.64 a barrel Friday. Brent crude for December delivery rose $3.50 to $97.92 a barrel. Wholesale gasoline ...
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Stocks lose more ground on fears a recession may be loomingOct 07, 2022 7:00 am - NEW YORK (AP) - Good news on the economy remains bad news for Wall Street, as stocks fell sharply Friday on worries a still-strong U.S jobs market may actually make a re...
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Grains mostly higher, Livestock mixedOct 07, 2022 7:00 am - Wheat for Dec. was up 1.25 cents at $8.8025 a bushel; Dec. corn rose 7.75 cents at $6.8325 a bushel, Dec. oats fell 18 cents at $3.79 a bushel; while Nov. soybeans gaine...
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Rivian recalling nearly all its vehicles over loose fastenerOct 07, 2022 7:00 am - IRVINE, Calif. (AP) - Electric truck and SUV maker Rivian Automotive said Friday it is recalling almost all the vehicles it has delivered to customers in order to tighte...
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What Friday's jobs report means for Fed's inflation fightOct 07, 2022 7:00 am - WASHINGTON (AP) - For most Americans, Friday's September jobs report was welcome news: Businesses kept hiring at a brisk pace, unemployment fell back to a half-century l...
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To buy Twitter, Musk has to keep banks, investors on boardOct 07, 2022 7:00 am - If the squabbling ever stops over Elon Musk's renewed bid to buy Twitter, experts say he still faces a huge obstacle to closing the $44 billion deal: Keeping his financi...
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