Samsung logs 12% profit increase in 2Q on strong chip demand
SEOUL, South Korea (AP) — Samsung Electronics Co. has reported its operating profit rose 12% in the April-June quarter thanks to strong demand for…
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SEOUL, South Korea (AP) — Samsung Electronics Co. has reported its operating profit rose 12% in the April-June quarter thanks to strong demand for…
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By PAUL WISEMAN AP Economics Writer WASHINGTON (AP) — The U.S. economy shrank from April through June for a second straight quarter, contracting at…
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By YURI KAGEYAMA AP Business Writer TOKYO (AP) — Asian shares were mostly higher on Friday following a broad rally on Wall Street, but Hong…
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By MARI YAMAGUCHI Associated Press TOKYO (AP) — Japan’s push to obtain UNESCO World Heritage recognition for a former gold mine key to the…
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By ROD McGUIRK Associated Press CANBERRA, Australia (AP) — New forecasts by Australia’s government say runaway inflation will remain unacceptably…
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By ED DAVEY Associated Press A new report by says many of the world’s biggest banks are falling far short of aligning their practices with the…
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By MICHAEL BIESECKER and HELEN WIEFFERING Associated Press LENORAH, Texas (AP) — To the naked eye, the Mako Compressor Station outside the dusty…
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By MICHAEL BIESECKER and HELEN WIEFFERING Associated Press LENORAH, Texas (AP) — To the naked eye, the Mako Compressor Station outside the dusty…
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By FATIMA HUSSEIN Associated Press WASHINGTON (AP) — When General Motors went through the biggest industrial bankruptcy proceedings in history,…
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By FATIMA HUSSEIN Associated Press WASHINGTON (AP) — Dave Muffley thought he had it made when it came to a solid retirement. The Indiana man spent…
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By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — Jerome Powell delivered a tough message at the start of a news conference Wednesday:…
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By LISA MASCARO AP Congressional Correspondent WASHINGTON (AP) — What started as a $4 trillion effort during President Joe Biden’s first…
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HUNTINGTON BEACH, Calif. (AP) — The owner of an underwater oil pipeline that spilled some 25,000 gallons of crude into the ocean off Southern…
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By ANNE D’INNOCENZIO AP Retail Writer NEW YORK (AP) — Best Buy has cut its annual sales and profit forecast, citing surging inflation that…
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By ARNIE STAPLETON AP Pro Football Writer ENGLEWOOD, Colo. (AP) — NFL owners will decide on Aug. 9 whether to approve the proposed $4.65 billion…
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By The Associated Press Airbus said net income plunged in the second quarter and warned that supply chain challenges were leading it scale back…
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By BARBARA ORTUTAY AP Technology Writer Meta, the parent company of Facebook and Instagram, posted its first revenue decline in history Thursday,…
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By TOM KRISHER AP Auto Writer DETROIT (AP) — Ford Motor Co.’s net income rose 19% in the second quarter as the company pulled together enough…
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Stocks that traded heavily or had substantial price changes Wednesday: Teva Pharmaceutical Industries Ltd., up $2.02 to $9.14. The drugmaker agreed…
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By DAVID KOENIG AP Airlines Writer DALLAS (AP) — Federal officials say Southwest Airlines and its pilots union have resisted some investigations…
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By MARCY GORDON AP Business Writer WASHINGTON (AP) — Federal regulators have taken legal action to block Facebook parent Meta and its CEO Mark…
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By SCOTT McFETRIDGE Associated Press DES MOINES, Iowa (AP) — Now that the Mega Millions lottery jackpot has topped $1 billion — only the fourth…
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By NOMAAN MERCHANT Associated Press WASHINGTON (AP) — First, her father was lured back to Rwanda under false pretenses and jailed. Then, months…
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By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — Higher mortgage rates have sent home sales tumbling. Credit card rates have grown more…
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Associated Press SALT LAKE CITY (AP) — A British man aboard a flight from London to Los Angeles grabbed a passenger seated in front of him by the…
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By JOSH BOAK Associated Press The Congressional Budget Office says the end of pandemic-era spending, fast economic growth and higher tax revenues…
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By KEVIN FREKING Associated Press WASHINGTON (AP) — The Senate has passed a bill that’s designed to encourage more semiconductor companies to…
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By ROBERT BUMSTED Associated Press NEW YORK (AP) — Ah, the bacon, egg and cheese. The classic bodega breakfast sandwich is a staple in many a New…
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By DYLAN LOVAN Associated Press LOUISVILLE, Ky. (AP) — A federal judge has thrown out multimillion-dollar defamation lawsuits against five media…
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By MARK PRATT Associated Press Employees at a Trader Joe’s in Massachusetts are casting votes over the next two days in an attempt to form the…
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By MATTHEW PERRONE AP Health Writer WASHINGTON (AP) — The head of the Food and Drug Administration says a comprehensive review of the opioid…
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By ANIRUDDHA GHOSAL Associated Press NEW DELHI (AP) — The head of the U.S. government aid agency has called on China to help Sri Lanka and other…
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By LINDSAY WHITEHURST Associated Press WASHINGTON (AP) — Gun makers have taken in more than $1 billion from selling AR-15-style guns over the past…
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By KEN SWEET AP Business Writer NEW YORK (AP) — A Pennsylvania mortgage company owned by billionaire businessman Warren Buffett’s company…
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By PAUL WISEMAN AP Economics Writer WASHINGTON (AP) — The U.S. economy is caught in an awkward, painful place. A confusing one, too. Growth appears…
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By DAVID KOENIG AP Airlines Writer Spirit Airlines and Frontier Airlines are abandoning their merger proposal, which opens the way for JetBlue…
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By JOSH FUNK AP Business Writer OMAHA, Neb. (AP) — Railroads will be required to maintain two-person crews under a new rule announced Wednesday…
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By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — The Federal Reserve on Wednesday raised its benchmark interest rate by a hefty…
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By JOSH FUNK AP Business Writer OMAHA, Neb. (AP) — Norfolk Southern continued to struggle with the delivery delays that have plagued freight…
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By SAM KEMMIS NerdWallet The availability of remote work has increased significantly in recent years, giving rise to the ability for telecommuters to…
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By MICHAEL CANTU Edmunds In the early days of the modern electric vehicle, or EV, your choices were largely limited to a few range-compromised models…
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By DAVID KOENIG AP Airlines Writer Boeing is reporting a $193 million second-quarter profit for shareholders, but the results are falling short of…
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By NQOBILE NTSHANGASE Associated Press JOHANNESBURG (AP) — A big pink diamond of 170 carats has been discovered in Angola and is claimed to be the…
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BERLIN (AP) — The German government plans to reduce incentive payments for buyers of electric cars and end subsidies for buying plug-in hybrids at…
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By ELAINE KURTENBACH AP Business Writer BANGKOK (AP) — Shares were mostly higher in Asia on Thursday after the Federal Reserve ratcheted up its…
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BEIJING (AP) — China’s government has rejected as a “political lie” a report by The Wall Street Journal that Beijing tried to recruit…
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By KIRSTEN GRIESHABER Associated Press BERLIN (AP) — Russia’s Gazprom has halved the amount of gas flowing through a major pipeline from Russia…
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By AYA BATRAWY Associated Press Shipping companies are not rushing to export millions of tons of grain trapped in Ukraine, despite a breakthrough…
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By JILL LAWLESS Associated Press LONDON (AP) — Britain’s railway network ground to a crawl on Wednesday after 40,000 staff walked off the job in…
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by RICHA SYAL and GRACE EKPU Associated Press DOUALA, Cameroon (AP) — The Trondheim is a familiar sight off the coast of West Africa — a…
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GENEVA (AP) — Credit Suisse says CEO Thomas Gottstein is resigning after 2-1/2 years in the job. It came as he announced “disappointing”…
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By MIKE CORDER Associated Press THE HAGUE, Netherlands (AP) — Dutch farmers are protesting government plans to reduce nitrogen emissions. The…
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By KIRSTEN GRIESHABER Associated Press BERLIN (AP) — More than 1,000 Lufthansa flights were canceled Wednesday because of a one-day strike by the…
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By MARI YAMAGUCHI Associated Press TOKYO (AP) — The leaders of Japan and Indonesia have agreed to bolster ties in maritime security and cooperation…
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By JOE McDONALD AP Business Writer BEIJING (AP) — Asian stock markets followed Wall Street lower Wednesday as traders prepared for a possible sharp…
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By ROD McGUIRK Associated Press CANBERRA, Australia (AP) — Australian inflation is rising farther, according to new data that increases the…
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By ANITA SNOW Associated Press It was a stunning image: Pope Francis briefly wearing a full Indigenous headdress, its rows of soft white feathers…
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By MARI YAMAGUCHI and FOSTER KLUG Associated Press TOKYO (AP) — Japan’s minister for gender equality and children’s issues called the…
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By GEOFF MULVIHILL Associated Press Drugmaker Teva has announced an agreement to settle lawsuits over the allegations that it helped fuel the U.S.…
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By JOSH FUNK AP Business Writer OMAHA, Neb. (AP) — Union Pacific will spend more than $1 billion to upgrade 600 of its old diesel locomotives over…
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By KEN SWEET AP Business Writer NEW YORK (AP) — Visa says its fiscal third quarter profits rose 32% from a year earlier, helped by yet another…
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By MICHAEL LIEDTKE AP Technology Writer SAN FRANCISCO (AP) — Google’s revenue growth during the past quarter decelerated to its slowest pace in…
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REDMOND, Wash. (AP) — Microsoft on Tuesday reported fiscal fourth-quarter profit of $16.7 billion, or $2.23 per share, falling short of analyst…
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Stocks that traded heavily or had substantial price changes Tuesday: Shutterstock Inc., down $4.68 to $54.40. The stock images and video provider…
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By WILL WEISSERT Associated Press WASHINGTON (AP) — South Korea’s SK Group plans to invest $22 billion in the United States on industries…
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NEW YORK (AP) — Buzz Aldrin’s jacket worn on his historic first mission to the moon’s surface in 1969 has been auctioned off to a…
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DES MOINES, Iowa (AP) — A giant Mega Millions lottery jackpot ballooned to $1.02 billion after no one matched all six numbers Tuesday night and won…
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By RANDALL CHASE and BARBARA ORTUTAY AP Business Writer DOVER, Del. (AP) — Twitter has set September 13 as the date for its shareholders to vote on…
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By JAMES MacPHERSON Associated Press BISMARCK, N.D, (AP) — Gov. Doug Burgum is pressing federal officials to expedite a review of a Chinese…
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By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — The U.S. economy has contracted for two straight quarters, intensifying fears that the…
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By KEVIN FREKING Associated Press WASHINGTON (AP) — The Senate has advanced a $280 billion bill designed to boost the U.S. semiconductor industry…
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By ANNE D’INNOCENZIO AP Retail Writer NEW YORK (AP) — Shopify is cutting 10% of its staff, or about 1,000 employees, as the e-commerce…
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By RUSS BYNUM Associated Press SAVANNAH, Ga. (AP) — The Port of Savannah saw record-breaking cargo volumes this past fiscal year amid a surge in…
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By MATTHEW DALY Associated Press WASHINGTON (AP) — A joint venture between General Motors and South Korean battery company LG Energy Solution is…
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Associated Press Amazon is raising its Prime fees in Europe, the company told customers on Tuesday, days ahead of its second quarter earnings report.…
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MOSCOW (AP) — Russia has announced it is acquiring the stock in an Arctic oil field now held by French and Norwegian companies. The Russian…
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By MICHELLE CHAPMAN and DEE-ANN DURBIN AP Business Writers A tech millionaire offered to buy it. A U.S. senator suggested that the government should…
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By RAQUEL REDONDO Associated Press MADRID (AP) — Spain is easing requirements for foreign laborers to obtain work permits in an effort to bring…
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CHATTANOOGA, Tenn. (AP) — Volkswagen has begun production of its first electric vehicle assembled in the United States at a Tennessee plant. The…
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By JOSH BOAK Associated Press President Joe Biden wants to convince a skeptical public that the U.S. is not, in fact, heading into a recession.…
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By PAUL WISEMAN AP Economics Writer WASHINGTON (AP) — The U.S. economy is caught in an awkward, painful place. A confusing one, too. Growth appears…
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By ELIZABETH AYOOLA NerdWallet Millennials are known for changing jobs often, but how does that affect their retirement savings? That depends on…
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By MATT OTT AP Business Writer WASHINGTON (AP) — U.S. consumer confidence slid again in July as concerns about higher prices for food and gas…
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WASHINGTON (AP) — Federal investigators say a mistake by the captain of an American Airlines flight caused the plane’s wing to clip the ground…
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LONDON (AP) — Unilever says it raised prices by more than 11% between April and June as inflation surged. The consumer goods giant said Tuesday…
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By KIM COOK Associated Press The thermostat has officially hit swelter. Whether you’re trying to play in the backyard or just chill outdoors,…
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By JULHAS ALAM Associated Press DHAKA, Bangladesh (AP) — Business leaders and officials from eight developing nations meeting in Bangladesh say…
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BEIJING (AP) — Indonesian President Joko Widodo has formally invited his Chinese counterpart Xi Jinping to the Group of 20 summit in Bali this fall…
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DETROIT (AP) — U.S. safety regulators have opened three investigations into safety issues with about 1.65 million vehicles made by Stellantis. The…
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By DEE-ANN DURBIN AP Business Writer McDonald’s revenue fell short of expectations in the second quarter as coronavirus restrictions shuttered…
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By DEE-ANN DURBIN AP Business Writer Coca-Cola posted higher-than-expected sales in the second quarter due to price increases and higher demand at…
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BERLIN (AP) — Lufthansa says it will have to cancel almost all flights at its main Frankfurt and Munich hubs Wednesday because of a strike by its…
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By TOM KRISHER AP Auto Writer DETROIT (AP) — General Motors’ second-quarter net income fell 40% from a year ago as computer chip and parts…
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By JIM VERTUNO Associated Press AUSTIN, Texas (AP) — An attorney for the parents of one of the children who were killed in the Sandy Hook…
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By THALIA BEATY Associated Press NEW YORK (AP) — The Rockefeller Foundation, created with wealth generated from the oil industry more than a…
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By JOE McDONALD AP Business Writer BEIJING (AP) — Asian stock markets followed Wall Street lower Wednesday as traders prepared for a possible sharp…
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BRUSSELS (AP) — European Union governments have agreed to reduce consumption of natural gas this winter to protect against further supply cuts by…
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By NICK PERRY Associated Press WELLINGTON, New Zealand (AP) — Micronesia’s first outbreak of COVID-19 has grown in one week to more than 1,000…
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By ZEN SOO Associated Press HONG KONG (AP) — Alibaba, China’s biggest e-commerce company, plans to apply for a primary listing in Hong Kong. The…
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