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Business

S&P 500 notches 3rd straight weekly gain after wobbly day

Wall Street finished a milestone-setting week on a downbeat note Friday after a late flurry of selling nudged stocks lower, ending the market's four-day winning streak. Even with the modest losses the market delivered its third straight weekly gain, with the benchmark S&P 500 index ...

Walmart to pay $282M over foreign corruption

ALEXANDRIA, Va. (AP) — Walmart agreed Thursday to pay $282 million to settle civil and criminal allegations of overseas corruption, including payment through a Brazilian subsidiary of more than $500,000 to an intermediary known as a “sorceress” for her uncanny ability to make permit ...

US stocks climb, sending S&P 500 index toward a new high

Stocks marched broadly higher on Wall Street Thursday afternoon, placing the S&P 500 on track to close at an all-time high. The benchmark index was slightly above the record close it reached April 30. The rally came as investors balanced optimism over the possibility that the Federal ...

Trump, Canada’s Trudeau talk trade at WH meeting

WASHINGTON (AP) — President Donald Trump and Canadian Prime Minister Justin Trudeau sought to demonstrate a united front Thursday in the uphill effort to get a replacement for the North American Free Trade Agreement over the finish line. At Trump’s insistence, the U.S., Canada and Mexico ...

Business Briefs for June 17

Avera named to Forbes’ Best-In-State Employers List Avera has been named to the inaugural Forbes list of America’s Best-in-State Employers 2019. Avera is ranked No. 1 in South Dakota and in the Top 20 in Minnesota. Based on an independent survey, researchers made the list from a vast ...

Stocks post small losses; investors look ahead to Fed

NEW YORK (AP) — Stocks ended a choppy week of trading with modest losses Friday as investors look forward to getting more clues about the direction of interest rates. Technology shares drove the declines, and energy stocks also fell a day after leading the market. Some late-day gains in ...