Business

Buyers aghast as used car prices soar

A couple of months ago, a woman paid a visit to Jeff Schrier's used car lot in Omaha, Nebraska. She was on a tight budget, she said, and was desperate for a vehicle to commute to work.

COVID-19 omicron variant disrupts travel plans

Dave Fravel and his wife invited several relatives to their Cape Cod home for Christmas to share food, gifts and the togetherness they’ve longed for during the lonely days of the pandemic. They were also looking forward to a holiday sightseeing trip to New York City.

NatWest Markets pleads guilty to wire and securities fraud

NatWest Markets PLC pleaded guilty Tuesday to wire and securities fraud, admitting that its traders in London, Singapore and Connecticut engaged in a number of schemes between 2008 and 2018 to manipulate U.S. Treasury markets.

Lumber prices are on the rise again

Lumber prices have shot up again in a rise reminiscent of a year ago, when high-climbing wood prices warned of the hinky supply lines and broad inflation to come.

Oracle in talks to purchase Cerner

Oracle is in talks to buy electronic medical records company Cerner Corp., according to people familiar with the matter, a deal that could be worth around $30 billion and push the enterprise-software giant further into health care.

BlackRock pulling $2 trillion of assets out of State Street

BlackRock Inc. BLK -0.10% is pulling some $2 trillion of assets out of State Street Corp.’s STT -2.29% safekeeping, a move that will reduce the investing firm’s reliance on a small number of parties and lower the fees it pays for back-office work.