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The Czech power utility CEZ says its net profit in the first half of the year reached 22.3 billion Czech crowns, or $1 billion.
Iranian authorities have for months done little to enforce the law on women wearing the mandatory headscarf, but now the country’s theocracy is pushing to make businesses the new battleground over the hijab.
Inflation in the United States likely rose in July for the first time in 12 months, driven higher by more expensive gasoline and suggesting that the fight against rising prices may prove bumpier in the months ahead.
The U.S. and its European allies are importing vast amounts of nuclear compounds and products from Russia, providing Moscow with hundreds of millions of dollars in badly needed revenue as it wages war on Ukraine.
California energy officials have voted Wednesday to extend the life of three natural gas power plants along the state’s southern coast.
Alabama Gov. Kay Ivey said Wednesday that a medical equipment manufacturing company plans to invest $43 million in Alabama to produce nitrile medical gloves.
Business Highlights: A summary of the day’s top stories in the business world.
The discovery of an illegal medical lab in central California by a code enforcement officer has unleashed an uproar in a rural community and fed anti-Chinese rumors online.
A federal prosecutor has told jurors that evidence would show a former chief of staff to longtime Illinois House Speaker Michael Madigan lied to a grand jury to protect his boss.
Stocks closed lower as Wall Street waited for a highly anticipated report on inflation that’s arriving the following day.
The Federal Aviation Administration is letting airlines continue to reduce their flights in the New York City area beyond summer and into this fall.
Regulators say Norfolk Southern has made improvements since a fiery Ohio derailment but still falls well short of being the “gold standard for safety” it is striving to be.
Benchmark U.S. crude oil for September delivery rose $1.48 to $84.40 a barrel Wednesday. Brent crude for October delivery rose $1.38 to $87.55 a barrel.
A vehicle driven by a customer struck three people at a Los Angeles auto dealership, and one later died after being trapped under the vehicle.
Federal authorities are seeking a man accused of misusing more than $30 million donated by religious groups and individuals for ministry in China.
Zimbabwe’s president has urged thousands of his supporters at a rally to deliver a “thunderous victory” in this month’s national election and proclaimed that “no one will stop us from ruling this country.”
Bollinger Shipyard officials say the company is closing its operations in New Orleans and plans to shift the work to its larger facilities on the Mississippi Gulf Coast.
The United Nations’ human rights chief has warned that Iraq’s water crisis could affect other countries in the region. U.N.
Stocks that traded heavily or had substantial price changes Wednesday: Toast, Array Technologies rise; Upstart Holdings, Roblox fall.
PGA Tour Commissioner Jay Monahan is back to full health and determined to finalize the business agreement with the Saudi backers of LIV Golf.