Employees of Hy-Vee are reporting layoffs within the company. People started contacting KCCI on Monday, reporting the cuts. KCCI has repeatedly tried to confirm the layoffs with Hy-Vee, but the West … [+2668 chars]
Russias invasion of Ukraine has ended globalization as we know it, says the head of BlackRock, the worlds largest asset manager. BlackRock CEO Larry Fink told shareholders in a letter on Thursday th… [+1895 chars]
New York (CNN Business)Just 187,000 people in the United States filed for initial weekly unemployment benefits last week, lower than economists' expectations of 210,000, according to data released Th… [+888 chars]
Moderna CEO Stephane Bancel told CNBC on Thursday the drugmaker wanted to provide U.S. regulators "flexibility" in determining eligibility for a fourth Covid vaccine dose. Moderna submitted its appl… [+1412 chars]
Chinese electric-vehicle maker Nio Inc. late Thursday reported quarterly sales slightly above Wall Street expectations, vowing to make 2022 a year of reacceleration for its business and to sell its E… [+1837 chars]
Edward Ned Johnson III, who transformed Fidelity Investments into a financial behemoth and opened Wall Street to millions of Americans, died Wednesday. Mr. Johnson was 91 years old. He passed away p… [+189 chars]
Darden Restaurants on Thursday reported quarterly earnings and revenue that missed analysts' expectations, saying the omicron variant of Covid-19 led to disappointing sales for its Olive Garden chain… [+3189 chars]
KANSAS CITY, Mo. —Facebooks parent company, Meta, is opening an $800 million data center in Kansas City, Missouri. Kansas City Mayor Quinton Lucas and Missouri Governor Mike Parson announced the pl… [+2430 chars]