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Magna shares close down 17% after Q4 results hit by production volatility, costs

Magna shares close down 17% after Q4 results hit by production volatility, costs

TORONTO — Shares of Magna International Inc. closed down 17 per cent Friday after fourth-quarter results, hit by production volatility and other costs, came in below expectations.
Wall Street ekes out modest gains, still falls for the week

Wall Street ekes out modest gains, still falls for the week

NEW YORK (AP) — Stocks drifted to a mostly higher close on Wall Street but still closed out their worst week since December. The S&P 500 rose 0.2% Friday. Weakness in tech stocks pulled the Nasdaq composite down 0.6% while the Dow closed 0.
EPA awards $1B to clean up 22 toxic waste sites nationwide

EPA awards $1B to clean up 22 toxic waste sites nationwide

WASHINGTON (AP) — Projects to clean up 22 toxic waste sites across the country will receive $1 billion from the federal Superfund program to help clear a backlog of hazardous sites such as landfills, mines and manufacturing facilities, the Environmen
John Travolta, Adam Driver star in Super Bowl ads

John Travolta, Adam Driver star in Super Bowl ads

NEW YORK (AP) — The Super Bowl is advertising's biggest, glitziest stage.
Super Bowl ads keep it light by using nostalgia and stars

Super Bowl ads keep it light by using nostalgia and stars

NEW YORK (AP) — Super Bowl ads are more than just breaks between gameplay during the biggest sporting event of the year: they offer a glimpse of the country’s zeitgeist, along with how major industries are faring.
Japan's Honda boosts profit despite chips crunch, COVID

Japan's Honda boosts profit despite chips crunch, COVID

TOKYO (AP) — Honda reported a 27% jump in its October-December profit, despite headwinds like shortages of computer chips and rising costs of raw materials. Tokyo-based Honda Motor Co.'s profit in the last quarter totaled 244.6 billion yen ($1.
Nevada battery recycler wins $2B loan from Energy Department

Nevada battery recycler wins $2B loan from Energy Department

MCCARRAN, Nev. (AP) — A Nevada company that recycles batteries for electric vehicles has won a $2 billion green energy loan from the Biden administration.
Japan's Nissan reports better profit as chip crunch eases

Japan's Nissan reports better profit as chip crunch eases

TOKYO (AP) — Nissan reported a 55% jump in its October-December profit Thursday, as the Japanese automaker gears up for a less bumpy journey with its French alliance partner Renault. Profit for the quarter at Yokohama-based Nissan Motor Co.
Toyota reports 8% drop in Oct-Dec profit, keeps forecast

Toyota reports 8% drop in Oct-Dec profit, keeps forecast

TOKYO (AP) — Toyota reported an 8.1% drop in fiscal third quarter profit Thursday, as a global shortage of computer chips and soaring raw material costs battering the auto industry hit Japan’s top automaker. Toyota Motor Corp.
Former college student pleads guilty to deadly sword attack

Former college student pleads guilty to deadly sword attack

HARTFORD, Conn.