By MATT OTT AP Business Writer WASHINGTON (AP) — Online real estate broker Redfin is cutting 862 employees and shutting down its instant-cash-offer subsidiary RedfinNow, another casualty of two-decade high interest rates stoked by the Federal Reserve’s fight against inflation. The job cuts amount to 13% of Redfin’s workforce, the company announced in a regulatory
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By Tim Lister, Darya Tarasova and Rob Picheta, CNN Russia has ordered a retreat from the key southern city of Kherson, the only regional capital it has captured since February’s invasion, in a dramatic strategic setback for Russian President Vladimir Putin. In the face of Ukrainian advances in the region, Russian troops across the Kherson
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By STEPHEN HAWKINS AP Sports Writer FORT WORTH, Texas (AP) — Gary Patterson could now play a key role in spoiling what has been a perfect season so far for fourth-ranked TCU. After having as good a run as any Big 12 coach in whipping Texas over the past decade while still in purple, there
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By STEPHEN HAWKINS AP Sports Writer FORT WORTH, Texas (AP) — Gary Patterson could now play a key role in spoiling what has been a perfect season so far for fourth-ranked TCU. After having as good a run as any Big 12 coach in whipping Texas over the past decade while still in purple, there
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By Danielle Wiener-Bronner, CNN Business Between warnings of a recession, high inflation and layoff fears, the news is bleak. Why not have some chocolate? Chocolate makers are reporting booming sales as stressed out customers reach for something sweet to take the edge off. In the third quarter, sales of Hershey’s chocolates, which include Reese’s, Kit
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By Jack Guy, CNN Jennifer Aniston has opened up about her failed attempts to get pregnant, saying she has “zero regrets” about a difficult period in her life. Speaking to journalist Danielle Pergament for an Allure magazine cover story, Aniston recounted how she had “gone through really hard sh*t” in her late 30s and 40s,
Continue Reading By Anna Bahney, CNN Business Redfin is set to shutter its home-flipping business and reduce its workforce by 13%, laying off 862 employees. About 264 of the job cuts will be directly related to the shutdown of RedfinNow, the company’s instant buying, or iBuying, business in which it purchases a home as-is, completes minor improvements
Continue Reading By TALES AZZONI AP Sports Writer MADRID (AP) — Carlo Ancelotti has defended Karim Benzema from accusations he is not playing with Real Madrid to be ready for the World Cup. The Madrid coach says the France striker himself is upset about his lack of minutes going into Qatar. The 34-year-old Benzema has been dealing
Continue Reading By Stella Chan, CNN The owner of Joe’s Service Center in Altadena, California, who came to the United States from Syria in 1980 with $14,000 in his pocket, is now a millionaire after selling the sole winning Powerball lottery ticket. California Lottery officials presented the check to Joe Chahayed and his sons Joe Jr. and
Continue Reading By Allison Morrow, CNN Business In an abrupt reversal, cryptocurrency exchange Binance pulled out of a deal to acquire its embattled rival FTX, saying the company’s problems were “beyond our control or ability to help.” Binance, the world’s largest crypto exchange, said it reviewed FTX’s finances as part of the due diligence process, and it
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Germán Padinger (CNN Español) — Durante las últimas tres décadas, y especialmente tras los atentados terroristas a las Torres Gemelas en Nueva York en 2001, el grueso de las acciones militares de Estados Unidos en el mundo se ha concentrado en Medio Oriente, y Qatar, la sede del Mundial 2022, ha tenido un rol central
Continue Reading BERLIN (AP) — The German government’s panel of independent economic advisers is forecasting that Europe’s biggest economy will shrink by 0.2% next year after growing by 1.7% in 2022. The five-member panel’s report came after official figures late last month showed unexpected growth in the third quarter, thanks to private spending. But a weak winter,
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By Anna Cooban and Chris Stern, CNN Business The German government has blocked the sale of one of its semiconductor factories to a Chinese-owned tech company because of security concerns. Germany’s economic ministry said in a statement that it had prohibited Elmos Semiconductor, which makes chips for the automotive industry, from selling its factory in
Continue Reading By Rob Picheta, CNN US women’s basketball star Brittney Griner is being transferred to a Russian penal colony, where conditions are often tough and have drawn concern from international watchdogs. Russia’s infamous penal colonies are unlike conventional incarceration in the West. Here’s what you need to know. Where has Griner been sent? Griner’s attorneys said
Continue Reading By Maegan Vazquez, CNN Former President Donald Trump’s endorsements for political candidates in close high-profile races have not yet given Republicans the swift and sweeping victories they had anticipated for this election cycle, despite many GOP hopefuls banking on his support to propel their campaigns. Many critical midterm races have yet to be called as
Continue Reading By Marianne Garvey, CNN Former NFL player Michael Oher has married his longtime love, Tiffany Roy. Oher, the subject of Michael Lewis’ best-selling book and film “The Blind Side,” tied the knot with Roy over the weekend in Nashville, Tenn. Oher shared the news on Instagram, alongside a sweet photo of himself and Roy at
Continue Reading Melissa Velásquez Loaiza (CNN) — La gobernadora demócrata de Nueva York, Kathy Hochul, ganará un primer mandato completo en el cargo, proyecta CNN, derrotando al representante republicano Lee Zeldin y haciendo historia como la primera gobernadora electa de Nueva York. La victoria de Hochul mantiene a los demócratas de Nueva York en camino de mantener
Continue Reading By RAF CASERT Associated Press BRUSSELS (AP) — The European Union is considering more lenient economic recovery proposals that veer away from the grinding, top-down austerity rules that hit Greece and other countries during the financial and debt crises a decade ago. That helped push millions into poverty, homelessness and unemployment. The European Commission said
Continue Reading By KEN SWEET AP Business Writer NEW YORK (AP) — Cryptocurrency prices plunged for a second-straight day after crypto exchange Binance said it was pulling out of a deal to purchase failing rival FTX Trading. Bitcoin sank to a two-year low after Binance confirmed earlier rumors and news reports that it was ready to back
Continue Reading By Daniella Diaz, CNN Virginia Gov. Glenn Youngkin sent a handwritten note of apology to House Speaker Nancy Pelosi for comments he made after the assault on her husband Paul Pelosi, her spokesperson told CNN. The letter, which was postmarked for November 1, came after the Virginia Republican said late last month, “Speaker Pelosi’s husband
Continue Reading CNN By Daniella Diaz, CNN Virginia Gov. Glenn Youngkin sent a handwritten note of apology to House Speaker Nancy Pelosi for comments he made after the assault on her husband Paul Pelosi, her spokesperson told CNN. The letter, which was postmarked for November 1, came after the Virginia Republican said late last month, “Speaker Pelosi’s
Continue Reading By JAMES ROBSON AP Soccer Writer MANCHESTER, England (AP) — Jim Ratcliffe has dropped interest in buying Manchester United just months after considering a takeover bid for the Premier League club. The billionaire owner of petrochemicals firm INEOS also has no intention of making an offer for Liverpool after owner Fenway Sports Group this week
Continue Reading By Ivana Kottasová, Allegra Goodwin, Eve Brennan, Ingrid Formanek and Ella Nilsen, CNN US climate envoy John Kerry announced a new, controversial plan Wednesday to raise cash for climate action in the developing world — by selling carbon credits to companies wishing to offset their polluting emissions. Speaking at the COP27 climate summit in Egypt,
Continue Reading Christiane Amanpour speaks with John Kerry, the U.S. Special Presidential Envoy for Climate, on the upcoming COP 27 Climate Change Conference in Egypt, and the need for wealthy countries to assist developing countries who are suffering the most from extreme weather.
Continue Reading By Dakin Andone, CNN Pieper Lewis, the Iowa teen and sex trafficking victim who killed a man she said raped her multiple times, is back in custody following her escape from the residential corrections facility where she was serving probation, according to the Polk County Sheriff’s Office. Lewis, 18, was arrested just days after she
Continue Reading By Paul R. La Monica, CNN Business Wall Street was betting on a red wave in the midterm elections Tuesday. But it appears that didn’t happen. And investors saw red on their trading screens Wednesday. Stocks ended the day broadly lower, with the Dow plunging more than 645 points, or 2%. Merck was the only
Continue Reading By Lisa Respers France, CNN Ryan Murphy says he now would have handled the death of “Glee” star Cory Monteith differently. In a conversation on the podcast “And That’s What You REALLY Missed” released this week, Murphy said he regretted doing a tribute episode of the show so soon after Monteith, who played Finn Hudson,
Continue Reading By Tim Lister, Uliana Pavlova, Anna Chernova, Darya Tarasova and Nathan Hodge, CNN One of the most senior Russian-appointed officials in occupied Ukrainian territory has been killed, Russian officials and state news agencies said Wednesday. The Russian-appointed deputy head of the Kherson region in southern Ukraine, Kirill Stremousov, died in a road accident, the press
Continue Reading By Gregory Krieg, CNN New York Democratic Gov. Kathy Hochul will win a first full term in office, CNN projects, defeating Republican Rep. Lee Zeldin and making history as the first elected female governor of New York. Hochul’s victory keeps New York Democrats on track to maintain their now nearly two-decade-old winning streak in statewide
Continue Reading By LORNE COOK Associated Press BRUSSELS (AP) — The European Union is planning to provide Ukraine with around 18 billion euros in financial aid next year to help the war-ravaged country keep its energy and health care facilities running, and to fund salaries and pension schemes. The European Commission said Wednesday that the aid would
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