Has inflation peaked? The jury is still out
Signs of rising inflation around the world are keeping investors on edge. But in some corners of markets, pressure is easing, raising hopes that Peak…
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Alibaba co-founder: Jack Ma is doing well and Hong Kong will be ‘fine’
Joe Tsai has some reassurance for those who are worried about the future of Hong Kong — and his pal, Jack Ma. The Alibaba co-founder spoke out…
Continue Reading A new problem for Peloton owners: Hacks
Peloton users are being warned of a new security threat relating to the touchscreen on their Bike+ that could potentially be controlled by hackers.…
Continue Reading US officials propose $25 million fine against Air Canada over airfare refunds
US officials are seeking a $25 million fine from Air Canada, accusing the airline of failing to provide timely refunds to more than 5,000 passengers…
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Samaniego has plan to vaccinate Juarez workers in region’s bid for herd immunity
TORNILLO, Texas — El Paso County Judge Ricardo Samaniego outlined a plan to ABC-7 on Tuesday to vaccinate workers from maquiladoras across the…
Continue Reading Biden names Lina Khan as FTC chair
Big Tech critic Lina Khan will chair the Federal Trade Commission, the powerful antitrust agency that’s targeted companies such as Facebook…
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Tech snafus disrupt Southwest Airlines flights for 2nd day
DALLAS, Texas — Southwest Airlines said it was “resuming normal operations” and investigating the cause of technical issues that paused departing…
Continue Reading No TikTok deal is no problem for red-hot software giant Oracle
Who needs viral videos? Not Oracle, apparently. Oracle’s plan to buy the US assets of Chinese-owned TikTok in a partnership with Walmart is…
Continue Reading SpaceX likely won’t hit July target for orbital test of Mars rocket
SpaceX has been targeting July for the first orbital flight of its gargantuan Starship system, which will be the most powerful launch vehicle ever…
Continue Reading MacKenzie Scott is giving away another $2.74 billion
MacKenzie Scott, one of the richest women in the world, and her husband Dan Jewett, donated $2.74 billion to organizations that focus on the arts and…
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Sunland Park Mall owner files for bankruptcy
EL PASO, Texas — Washington Prime Group, a major mall owner of more than 100 locations across the United States including El Paso’s…
Continue Reading He has 7 million TikTok followers. Now he’s launching his own skincare line
Hyram Yarbro already helped make one skincare brand popular with Gen-Z. Now, Sephora is betting he can do it with his own. Yarbro, who has a nearly…
Continue Reading CEOs signal stronger hiring plans than after the Trump tax cuts
Corporate America wants to hire workers aggressively as the US economy races back to life following the pandemic. The Business Roundtable, an…
Continue Reading Europe ramps up pressure on tech giants
Officials in Europe are yet again ratcheting up the pressure on Silicon Valley titans. The European Union’s top court ruled Tuesday that tech…
Continue Reading DraftKings tumbles after research firm alleges black market ties
Shares of sports betting giant DraftKings tumbled in early trading Tuesday after a prominent research firm accused the company of hiding alleged ties…
Continue Reading Retail sales fell last month. But stores are still expecting a strong year
US retail sales fell 1.3% in May as the sector continues to come down from the stimulus-fueled high of recent months. The last round of stimulus…
Continue Reading Key inflation indicator records biggest jump on record
Another key inflation indicator flashed a warning sign in May: Producer prices jumped a record amount last month. The economy is reopening fully and…
Continue Reading IKEA fined $1 million for spying on workers in France
A French court has ordered IKEA to pay a €1 million ($1.2 million) fine after finding the Swedish retailer guilty of improperly using employee…
Continue Reading Australia and the United Kingdom announce post-Brexit trade deal
Australia and the United Kingdom announced a free trade agreement Tuesday as Britain begins to forge new economic relationships following its…
Continue Reading Best Buy wants to sell you luggage and outdoor grills
Best Buy wants to sell you a new outdoor grill for summer cookouts, a backpack for a return to the office, and luggage for future vacations as it…
Continue Reading Lordstown Motors stock plunges after CEO and CFO resign
The news just keeps getting worse for Lordstown Motors. The troubled electric truck maker said Monday that its CEO and chief financial officer were…
Continue Reading SPACs could stage a summer comeback
Special-purpose acquisition companies, or SPACs, were one of the stock market’s hottest trends in early 2021, drawing in billionaires,…
Continue Reading US and Europe end Airbus-Boeing dispute as they eye threat from China
The United States and the European Union have resolved a long-running trade dispute over subsidies to Airbus and Boeing, a move that could improve…
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EU, US clinch deal to end damaging Airbus-Boeing dispute after agreeing to phase out tariffs
BRUSSELS (AP) — The deal the United States and the European Union reached Tuesday to end their long-running rift over their subsidies to Boeing and…
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Child care services available for El Paso parents returning to work after pandemic
EL PASO, Texas — The unemployment rates dropped below 7 percent in April in El Paso, a good sign for the workforce. But, many working parents…
Continue Reading US and EU poised to end Airbus-Boeing dispute as they eye threat from China
The United States and the European Union are poised to resolve a long-running trade dispute over subsidies to Airbus and Boeing, a move that could…
Continue Reading 160-year-old corporate giant is getting a serious makeover
A once-in-century pandemic. Political polarization. The fight for social justice. An existential climate crisis. The modern CEO faces a minefield of…
Continue Reading ‘So… how ya been?’: Stephen Colbert welcomes an audience back to ‘The Late Show’
Stephen Colbert has come a long way since doing a monologue in a bathtub. The host welcomed back a full house to the Ed Sullivan Theater, home of…
Continue Reading IKEA, Lenovo and many more businesses still have products stuck in the Suez Canal
The Ever Given is no longer blocking the Suez Canal, but the crisis is far from over for companies forced to endure a protracted legal battle in…
Continue Reading Myanmar releases US journalist Nathan Maung, who was allegedly tortured in prison
American citizen Nathan Maung, who has been detained in Myanmar since March 9, was released and deported to the United States on Tuesday after…
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