Dow drops 600 on weak jobs data as global sell-off whips back to Wall Street
NEW YORK (AP) -- Stocks tumbled Friday on worries the U.S. economy could be cracking under the weight of high interest rates meant to whip inflation.
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Dow drops 900 on weak jobs data as global sell-off whips back to Wall Street
NEW YORK (AP) -- Stocks are tumbling Friday on worries the U.S. economy could be cracking under the weight of high interest rates meant to whip inflation.
Japan stocks take largest dive since Black Monday of 1987
TOKYO -- Japan's benchmark Nikkei Stock Average on Friday recorded the second-biggest daily drop in its history, as stocks extended losses following a sell-off in New York overnight.
Exxon earnings beat as production in Guyana and Permian sets a record
ExxonMobil on Friday posted its second highest results for the second quarter in the past decade, as the company achieved record production in Guyana and the Permian Basin.
Li Auto's July deliveries hit a record as Chinese EV consumers prefer hybrid options
BEIJING — Chinese new energy vehicle company Li Auto announced Thursday it delivered a record number of cars in July, boosted by sales of its new, lower-cost Li L6 SUV.
Fire rips through building in Manila’s Chinatown, killing 11
A fire ripped through a building in the Philippine capital’s Chinatown early Friday, killing 11 people, authorities said.
Toyota scandals batter suppliers while group posts record profit
NAGOYA-- Though Toyota Motor logged a record profit for the most recent quarter, the suppliers that form the group's backbone are groaning under cost increases and production cuts forced by a series of certification scandals.
Apple sets new June quarter revenue record but China woes continue
PALO ALTO, California -- Apple reported a new revenue record for the April-June quarter on Thursday. But declining sales in China continued as the iPhone giant faced growing competition from such domestic handset makers as Huawei Technologies and Vivo.