Saturday, December 3, 2022

Business

Amazon Will Offer West Bank Palestinians The Same Free Shipping As Settlements

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JERUSALEM (JTA) — Amazon will offer free shipping to Palestinians in the West Bank after it became public that Israelis living in West Bank settlements receive the promotion. Th...

A Record Low on Average 30-Year Fixed Mortgage: 3.29%

WASHINGTON (AP) — The average rate on a 30-year fixed mortgage has hit a record low of 3.29%, driven down by investors shifting money into the safety of U.S. Treasurys as the viral...

Stocks Soar On Plans For More Stimulus Measures

WALL STREET (VINnews) — The Dow Jones Industrial Average soared more than 1,100 points, or 4.5%, Wednesday on hopes that governments and central banks around the world will take mo...

Mark Zuckerberg Addresses Facebook’s Role Amid Coronavirus Outbreak

MENLO PARK, CA (VINnews) — Mark Zuckerberg has spoken out amid the coronavirus outbreak, to address Facebook's role amid the coronavirus outbreak. In a Facebook post on Tuesday ...

Dow Sinks 2.9% After Rate Cut Fails To Stem Market’s Dread

NEW YORK (AP) — Fear and uncertainty continue to control Wall Street, and stocks fell sharply Tuesday after an emergency interest-rate cut by the Federal Reserve failed to reassure...

Surprise Cut From Fed Fails to Stem the Stock Market’s Dread

NEW YORK (AP) — A brief relief rally for U.S. stocks vanished on Tuesday, and indexes slid after an emergency interest-rate cut by the Federal Reserve failed to wipe out fears that...

Australian Associated Press to Shut Down After 85 Years

CANBERRA, Australia (AP) — The national news agency Australian Associated Press said Tuesday it will close in late June, its 85 years in business vanquished by a decline in subscri...

Apple To Pay Up To $500M Over Battery-Related Phone Slowdown

SAN FRANCISCO (AP) — IPhone owners could get $25 from Apple after the company agreed to pay up to $500 million to settle claims over intentionally slowing down older phones to pres...

Dow Surges 5% On Hopes For Central Bank Help On The Economy

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WALL STREET (AP) — The Dow Jones Industrial Average soared nearly 1,300 points Monday as stocks roared back from a seven-day rout on hopes that central banks will take action to sh...

World Economy May Shrink Because Of Virus, Watchdog Says

PARIS (AP) — A global agency says the spreading new virus could make the world economy shrink this quarter for the first time since the international financial crisis more than a d...

Jack Welch, The GE Chief Who Became A Superstar, Has Died

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BOSTON (AP) — Jack Welch, who transformed General Electric Co. into a highly profitable multinational conglomerate and parlayed his legendary business acumen into a retirement care...

Markets want Fed to save them. Why its tools might not work.

NEW YORK (AP) — As stocks around the world tumble on worries about a fast-spreading virus, investors have been clamoring for the superheroes of the financial world to ride to the r...

Report: El Al To Cut 1,000 Jobs Due To Coronavirus

JERUSALEM (JNS) — El Al CEO Gonen Usishkin has asked the company’s human resources department to prepare to let go 1,000 of the company’s 6,300 employees, citing financial losses d...

Trump Tries To Shift Blame As Virus Outbreak Rattles Stock Markets

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WASHINGTON (AP) — As global markets plunged amid growing fears about the coronavirus outbreak, President Donald Trump and his allies pulled from a familiar playbook Friday and blam...

Weeklong Stock Market Rout Deepens As Virus Worries Spread

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WALL STREET (AP) — The Dow Jones Industrial Average sank nearly 1,200 points Thursday, deepening a weeklong global market rout caused by worries that the coronavirus outbreak will ...

Stocks Slide On Wall Street, Extending Steep Drops This Week

NEW YORK (AP) — U.S. stocks shed the modest gains they had made in early trading and veered mostly lower in Wednesday afternoon, deepening the market's losses for the week. Worr...

Samsung Says It Leaked Data On Handful Of UK Customers

UNITED KINGDOM (AP) — Samsung said Tuesday that a “technical error” caused its website to display other customers' personal information. The technology company said the error af...

No Checkout Needed: Amazon Opens Cashier-Less Grocery Store

NEW YORK (AP) — Amazon is aiming to kill the supermarket checkout line. The online retailing giant is opening its first cashier-less supermarket, the latest sign that Amazon is ...

China Struggles To Revive Manufacturing Amid Virus Outbreak

BEIJING (AP) — Factories that make the world’s smartphones, toys and other goods are struggling to reopen after a virus outbreak idled China’s economy. But even with the ruling Com...

Dow Drops Over 1,000 As Outbreak Threatens Global Economy

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NEW YORK (AP) The Dow Jones Industrial Average slumped more than 1,000 points Monday in the worst day for the stock market in two years as investors worry that the spread of a vir...