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Business

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Piaggio hits record profit margins in 2024 despite economic challenges
Vespa maker Piaggio posts record margin despite 'anomalous' economy

PONTEDERA, Italy: Italy's Piaggio, the maker of the iconic Vespa scooter, reported record-high core profit margins for 2024 despite...

Wall Street climbs wall of worry over trade tariffs
U.S. stocks bounce back after faulty start Friday

NEW YORK, New York - U.S. stocks fell sharply at the open and stayed in the red for much of the day Friday, however as the day wore...

Euro jumps to highest level since 2009 as U.S. dollar sinks
U.S. dollar slide continues, euro hits 16-year high

NEW YORK, New York - The U.S. dollar continued to come under pressure Friday with President Donald Trump's flip flops on trade tariffs,...

Nordstrom beats holiday sales forecasts, CFO departs for Starbucks
Nordstrom beats holiday-quarter sales estimates; CFO joins Starbucks

SEATTLE, Washington: Nordstrom delivered stronger-than-expected holiday-quarter sales and announced a leadership shakeup, with Chief...

Prada keeps acquisition options open, CEO Andrea Guerra says
Prada CEO hints at acquisitions amid Versace, Jimmy Choo rumors

MILAN, Italy: Prada CEO Andrea Guerra suggested this week that the Italian luxury brand is keeping its options open regarding potential...

Tesla sales plunge in Scandinavia and France amid EV market shift
Tesla sales down in France, Scandinavia as Musk faces test of brand

OSLO/COPENHAGEN: Tesla is experiencing a sharp drop in sales across Scandinavia and France as shifting consumer sentiment and an aging...

Ohio

Section
Kroger CEO quits after probe into "inconsistent" personal conduct
Kroger ousts long-time CEO after probe into personal conduct

CINCINNATI, Ohio: Kroger CEO Rodney McMullen has resigned following a board investigation that found his personal conduct to be inconsistent...

US pending home sales in January hit record low amid high rates
US pending home sales tumble to record low in January

WASHINGTON, D.C.: Contracts to buy previously owned homes in the U.S. fell to a record low in January due to high mortgage rates and...

Timbers hope to keep Nashville SC scoreless on season
Timbers hope to keep Nashville SC scoreless on season

(Photo credit: Troy Wayrynen-Imagn Images) Nashville SC will continue their search for a first win on Saturday night when they welcomes...

Luciano Acosta makes home debut as FC Dallas faces Fire
Luciano Acosta makes home debut as FC Dallas faces Fire

(Photo credit: Ron Chenoy-Imagn Images) After back-to-back away matches to start the 2025 MLS season, FC Dallas plays host to the...

NBA roundup: Nikola Jokic goes for 31-22-21 in OT win over Suns
NBA roundup: Nikola Jokic goes for 31-22-21 in OT win over Suns

(Photo credit: Ron Chenoy-Imagn Images) Nikola Jokic produced 31 points, a career-high 22 assists and 21 rebounds as the host Denver...

Hawks eye back-to-back wins vs. injury-riddled Pacers
Hawks eye back-to-back wins vs. injury-riddled Pacers

(Photo credit: Brett Davis-Imagn Images) Meeting for the second time in three days, the Atlanta Hawks will look to sweep a two-game...