Business

Chinese EV makers challenging market leaders at auto show in Bangkok

BANGKOK (AP) — Chinese electric vehicle makers are showcasing their latest models, including a flying car, as they take on global rivals at the Bangkok International Motor Show. Companies like BYD, XPeng and Great Wall Motors are quickly growing their sales in Thailand, challenging longstanding market leaders like Toyota, Isuzu and Ford, as they expand exports across the globe. And …

Read More »

US applications for jobless claims hold at healthy levels

U.S. applications for jobless benefits were unchanged last week, settling at a healthy level as the labor market continues to show strength in the face of elevated interest rates. Unemployment claims for the week ending March 2 were 217,000, matching the previous week’s revised level, the Labor Department reported Thursday. The four-week average of claims, a less volatile measure, fell …

Read More »

Closing prices for crude oil, gold and other commodities

Benchmark U.S. crude oil for April delivery fell 59 cents to $78.15 per barrel Tuesday. Brent crude for May delivery fell 76 cents to $82.04 per barrel. Wholesale gasoline for April delivery fell 6 cents to $2.53 a gallon. April heating oil fell 4 cents to $2.61 a gallon. April natural gas rose 4 cents to $1.96 per 1,000 cubic …

Read More »

Stock market today: Japan’s Nikkei tops 40,000, as investors await China political meeting

HONG KONG (AP) — Asian stocks were mostly higher Monday ahead of China’s top annual political gathering, while Japan’s benchmark surpassed the 40,000 level for the first time. U.S. futures fell and oil prices were little changed. Japan’s Nikkei 225 share index advanced 0.5% to 40,150.00, breaching the 40,000 level, after a big rally on Wall Street last week pushed …

Read More »

Closing prices for crude oil, gold and other commodities

Benchmark U.S. crude oil for April delivery fell 33 cents to $78.54 per barrel Wednesday. Brent crude for April delivery rose 3 cents to $83.68 per barrel. Wholesale gasoline for March delivery fell 7 cents to $2.27 a gallon. March heating oil fell 9 cents to $2.66 a gallon. April natural gas rose 8 cents to $1.89 per 1,000 cubic …

Read More »

US sues to block merger of grocery giants Kroger and Albertsons, saying it could push prices higher

Read the latest: Why does the US government think a Kroger-Albertsons merger would be bad for grocery shoppers? The Federal Trade Commission sued to block a proposed merger between grocery giants Kroger and Albertsons, saying the $24.6 billion deal would eliminate competition and lead to higher prices for millions of Americans. The FTC filed an administrative complaint against the companies …

Read More »