Business Stories from November 3, 2022 (Change date)
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Ribbon-cutting celebrating new ownership and re-opening of Dairy Queen of CaryNov 03, 2022 11:00 pm - On Friday, Oct. 14, the Cary-Grove Area Chamber of Commerce hosted a ribbon-cutting ceremony to celebrate the new ownership and re-opening of Dairy Queen of Cary, 140 Cr...
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CNBC axes Shepard Smith's nightly newscast after two yearsNov 03, 2022 7:00 am - NEW YORK (AP) - CNBC is canceling Shepard Smith's nightly newscast after two years, with its new president saying he wanted to focus on the network's core strength of bu...
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On Wall Street, extreme punishments for weak profit reportsNov 03, 2022 7:00 am - NEW YORK (AP) - When it comes to meeting Wall Street's expectations for profit and sales, it's put-up-or-get-beat-up time for CEOs. It hasn't happened very often, but w...
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Bank of England makes biggest interest rate hike in 30 yearsNov 03, 2022 7:00 am - LONDON (AP) - The Bank of England made its biggest interest rate increase in three decades Thursday, joining the U.S. Federal Reserve and other central banks worldwide i...
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Closing prices for crude oil, gold and other commoditiesNov 03, 2022 7:00 am - Benchmark U.S. crude oil for December delivery fell $1.83 to $88.17 a barrel Thursday. Brent crude for January delivery fell $1.49 to $94.67 a barrel. Wholesale gasoline...
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Slightly fewer Americans apply for jobless aid last weekNov 03, 2022 7:00 am - WASHINGTON (AP) - Applications for jobless benefits fell slightly last week with the U.S. job market remaining resilient in the face of rising interest rates and persist...
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Grains lower, Livestock mixedNov 03, 2022 7:00 am - Wheat for Dec. declined 5.50 cents at $8.4050 a bushel; Dec. corn fell 8.25 cents at $6.7925 a bushel, Dec. oats was off 6.50 cents at $3.9450 a bushel; while Nov. soybe...
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General Mills, Audi pause Twitter ads, will evaluate siteNov 03, 2022 7:00 am - NEW YORK (AP) - General Mills and Audi are the latest big advertisers to pause ads on Twitter as questions swirl about how the social media platform will operate under n...
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US average long-term mortgage rates back under 7%, for nowNov 03, 2022 7:00 am - WASHINGTON (AP) - The average long-term U.S. mortgage rate dipped back under 7% this week, one day after the Federal Reserve raised its benchmark borrowing rate to its h...
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Microsoft extends aid for Ukraine's wartime tech innovationNov 03, 2022 7:00 am - LISBON, Portugal (AP) - Ukraine is counting on more Western technological support as its war against Russia drags on, with Microsoft pledging Thursday to extend its back...
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