Canada FM warns businesses against deepening China ties
By ROB GILLIES Associated Press TORONTO (AP) — Canada’s foreign minister says China is an increasingly disruptive, global power and is warning…
Continue ReadingBiz/Tech
Crypto’s white knight lost 94% of his wealth in a single day
By Allison Morrow, CNN Business Sam Bankman-Fried, the crypto entrepreneur known for providing a financial lifeline to struggling firms in the…
Continue Reading Closing prices for crude oil, gold and other commodities
The Associated Press Benchmark U.S. crude oil for December delivery fell $3.08 to $85.83 a barrel Wednesday. Brent crude for January delivery fell…
Continue Reading Edmunds: Best EVs with the longest driving range
By MICHAEL CANTU Edmunds The term “range anxiety” has been synonymous with EVs for most of their existence, but that shouldn’t be the case…
Continue Reading US vote counting unaffected by cyberattacks, officials say
By NOMAAN MERCHANT and EMILY WAGSTER PETTUS Associated Press WASHINGTON (AP) — No instances of digital interference are known to have affected the…
Continue Reading This oil refiner is cutting 1,100 jobs — and giving billions of dollars to its shareholders
By Matt Egan, CNN Business Phillips 66 is cutting at least 1,100 jobs by the end of this year as the refining giant seeks to slash costs and steer a…
Continue Reading Shock for visitors hoping for new Argentine exchange rate
By DANIEL POLITI Associated Press BUENOS AIRES, Argentina (AP) — Visitors to Argentina are still not receiving the more favorable exchange rate for…
Continue Reading More big donors supporting – and discussing – mental health
By MARIA DI MENTO of The Chronicle of Philanthropy Chronicle of Philanthropy Wealthy donors publicly gave more to mental health last year than in any…
Continue Reading Adidas will continue to sell Kanye West’s shoe designs without the Yeezy name
By Nathaniel Meyersohn, CNN Business Adidas ended its sneaker partnership with Ye, formerly known as Kanye West, last month after the…
Continue Reading Defying inflation worries, US casinos have best quarter
By WAYNE PARRY Associated Press ATLANTIC CITY, N.J. (AP) — Inflation? High gas prices? American gamblers are shrugging them off — and losing…
Continue Reading Potential railroad strike delayed until early December
By JOSH FUNK AP Business Writer OMAHA, Neb. (AP) — The possibility of an economically devastating railroad strike has been pushed back into early…
Continue Reading Tesla drivers will be able to make Zoom calls from their car
By Samantha Murphy Kelly, CNN Business Tesla drivers will soon be able to take a video call directly from their vehicle’s touchscreen…
Continue Reading ‘It is not an accident’: Murdoch’s media empire celebrates DeSantis as future of GOP after midterms
By Oliver Darcy, CNN Business Rupert Murdoch, the media mogul who controls some of the most powerful organs in conservative media, appeared to make…
Continue Reading Railroad unions push back threatened strike date
By Chris Isidore and Vanessa Yurkevich, CNN Business The threat of a freight railroad strike has been pushed back to early December, as four major…
Continue Reading British nurses to hold first ever strike over pay
By Reuters Tens of thousands of British nurses will go on strike for the first time over demands for better pay, their trade union said on Wednesday,…
Continue Reading Dutch, UK fentanyl sellers hit with Treasury sanctions
By FATIMA HUSSEIN Associated Press WASHINGTON (AP) — Two Dutch nationals, an Englishman and nine companies have been targeted for sanctions by the…
Continue Reading Energy security trumps the climate? London’s biggest IPO of the year is an oil company
By Julia Horowitz, CNN Business The world may be losing the fight against the climate crisis, but investors are still willing to throw money at oil…
Continue Reading US plan to tap businesses for green finance meets resistance
By KELVIN CHAN and SETH BORENSTEIN Associated Press SHARM EL-SHEIKH, Egypt (AP) — U.S. climate envoy John Kerry unveiled a plan at the COP27…
Continue Reading Credit card rates hit a record high as Fed fights inflation
By Matt Egan It’s never a great time to carry credit card debt. But right now is arguably the worst time. The Federal Reserve’s war on…
Continue Reading UK delays N Ireland election call to buy time for talks
By JILL LAWLESS Associated Press LONDON (AP) — The British government has delayed calling a fresh election in Northern Ireland, hoping to buy time…
Continue Reading Qatar unveils 6,000 cabin World Cup fan village near airport
By LUJAIN JO Associated Press DOHA, Qatar (AP) — Qatar has unveiled a 6,000-cabin fan village in an isolated lot near its airports, an offering for…
Continue Reading Redfin to cut another 13% of workforce, shutter RedfinNow
By MATT OTT AP Business Writer WASHINGTON (AP) — Online real estate broker Redfin is cutting 862 employees and shutting down its instant-cash-offer…
Continue Reading Chocolate is having a moment
By Danielle Wiener-Bronner, CNN Business Between warnings of a recession, high inflation and layoff fears, the news is bleak. Why not have some…
Continue Reading Redfin shuts home-flipping business and cuts 13% of its workforce
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…
Continue Reading So you won the lottery. What now?
CNN By Allison Morrow, CNN Business So, you won the lottery. Congrats! What do you do now? Once you’re done screaming and dancing in a shower…
Continue Reading Shop owner who sold winning Powerball ticket is now a millionaire himself
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…
Continue Reading Crypto giant Binance drops bid to save rival, stoking chaos in digital assets
By Allison Morrow, CNN Business In an abrupt reversal, cryptocurrency exchange Binance pulled out of a deal to acquire its embattled rival FTX,…
Continue Reading German economy to shrink in 2023, government advisers expect
BERLIN (AP) — The German government’s panel of independent economic advisers is forecasting that Europe’s biggest economy will shrink by 0.2%…
Continue Reading Germany blocks sale of chip factory to China over security fears
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…
Continue Reading EU proposes more forgiving debt plans a decade after crisis
By RAF CASERT Associated Press BRUSSELS (AP) — The European Union is considering more lenient economic recovery proposals that veer away from the…
Continue Reading