Business

PESHAWAR, Pakistan — Dozens of militants attacked an oil and gas plant on Tuesday in Pakistan’s remote northwest, near the border with Afghanistan, killing four security troops and two private guards, officials said. Oil production was temporarily suspended following the…

REDMOND, Wash. — Microsoft on Tuesday reported a 12% drop in profit for the October-December quarter, reflecting the economic uncertainty it said led to its decision to cut 10,000 workers. The company reported quarterly profit of $16.43 billion, or $2.20…

JACKSON, Mich. — When Scott Steffes leaves Michigan’s Parnall Correctional Facility this month he anticipates entering a new career that will take him upward of 25 feet (7.6 meters) above ground. Steffes, 37, is one of more than a dozen…

It’s among the world’s busiest container shipping routes — a stream of vessels packed with furniture, automobiles, clothing and other goods, traversing the Pacific between Los Angeles and Shanghai. If plans succeed, this corridor will become a showcase for slashing…

Monday /> WASHINGTON — McCarthy says debt limit call with Biden was ‘productive,’ talks will resume Sunday; leaders to meet in person Monday. Sourse: abcnews.go.com Rate this item:1.002.003.004.005.00Submit Rating No votes yet. Please wait…

ANNAPOLIS, Md — The Maryland Supreme Court will hear an appeal of a lower court’s ruling that the state’s first-in-the-nation tax on digital is unconstitutional. The court announced Friday that it will hear an appeal from Maryland’s comptroller in May.…

NEW YORK — Stocks that traded heavily or had substantial price changes Friday: Workday Inc., up $19.66 to $216.07. The maker of human resources software beat analysts’ first-quarter financial forecasts. Marvell Technology Inc., up $16.04 to $65.51. The chipmaker gave…

KUALA LUMPUR, Malaysia — Swiss watchmaker Swatch said Tuesday that Malaysian authorities raided its stores and confiscated 164 watches from its Pride Collection. It said Ministry of Home Affairs officials raided its outlets in various malls across Malaysia on May…

The need to increase funding for Black feminist organizations is urgent, according to an open letter released Thursday from some of philanthropy’s most influential organizations including Melinda Gates’ Pivotal Ventures, Rihanna’s Clara Lionel Foundation, as well as the Ford Foundation…

NEW YORK — This year’s PEN America Literary Gala will be notable for the presence of “Saturday Night Live.” PEN, the literary and free expression organization, is giving “SNL” creator-executive Lorne Michaels its PEN/Audible Literary Service Award, which in previous…