Business

Venezuela’s acting president signs oil industry overhaul that eases state control

Venezuela’s acting president signs oil industry overhaul that eases state control

CARACAS, Venezuela (AP) — Venezuela’s acting President Delcy Rodríguez on Thursday signed a law that will open the nation’s oil sector to privatization, reversing a tenet of the self-proclaimed so...

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Microsoft beats Wall Street expectations with $81.3B revenue

Microsoft beats Wall Street expectations with $81.3B revenue

REDMOND, Wash. (AP) — Microsoft said Wednesday that its revenue for the October-December quarter was $81.3 billion, up 17% from the same time last year as it furthers its goal to expand global ado...

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Growing cultural revolt emerging against Trump’s immigration policies

Growing cultural revolt emerging against Trump’s immigration policies

NEW YORK (AP) — No longer confined to the partisans and activists, the fierce backlash against Donald Trump’s immigration crackdown has begun to break out across American culture, spanning the wor...

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Fed keeps interest rates unchanged even as Trump continues to insist they be lowered

Fed keeps interest rates unchanged even as Trump continues to insist they be lowered

WASHINGTON (AP) — The Federal Reserve pushed the pause button on its interest rate cuts Wednesday, leaving its key rate unchanged at about 3.6% after lowering it three times last year. Chair Jerom...

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Amazon cuts another 16,000 jobs

Amazon cuts another 16,000 jobs

Amazon is cutting about 16,000 jobs in the latest round of mass layoffs for the tech industry. Beth Galetti, a senior vice president at the ecommerce company, made the announcement Wednesday in a...

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Mark Carney stands firm on Davos speech, plans new Canada trade deals

Mark Carney stands firm on Davos speech, plans new Canada trade deals

TORONTO (AP) — Canadian Prime Minister Mark Carney said Tuesday he told U.S. President Donald Trump that he meant what he said in his speech at Davos, and told him Canada plans to diversify away f...

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