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…
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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 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 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 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,…
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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 Cryptocurrencies plunge as Binance scraps deal for rival FTX
By KEN SWEET AP Business Writer NEW YORK (AP) — Cryptocurrency prices plunged for a second-straight day after crypto exchange Binance said it was…
Continue Reading Twitter briefly rolled out gray ‘official’ check marks. Then Elon Musk changed his mind
By Brian Fung, CNN A new verification mark intended to better identify prominent Twitter accounts has instead become the latest source of chaos at…
Continue Reading Stocks slip as control of Congress remains unclear
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.…
Continue Reading Analysis: Why the news media got the midterm ‘red wave’ narrative so wrong
CNN By Oliver Darcy, CNN Business The White House believes that the press has “egg on their faces, yet again.” That’s according to…
Continue Reading EU eyes cheap loan plan for ‘stable’ Ukraine funding in 2023
By LORNE COOK Associated Press BRUSSELS (AP) — The European Union is planning to provide Ukraine with around 18 billion euros in financial aid next…
Continue Reading Cargo spacecraft docks with ISS after solar panel fails to deploy
By Jackie Wattles, CNN Business A cargo spacecraft successfully docked with the International Space Station Wednesday morning, despite making its…
Continue Reading Changes are coming to Wordle
By Frank Pallotta, CNN Business Changes are coming for Wordle … again. For starters the New York Times this week named Tracy Bennett the new…
Continue Reading Carmaker SEAT to build Spain’s 1st electric battery plant
BARCELONA, Spain (AP) — Spanish carmaker SEAT says it plans to build Spain’s first electric car battery plant as part of a 10-billion-euro…
Continue Reading Swedish reactor unexpectedly shuts down after turbine fault
STOCKHOLM (AP) — A reactor at a nuclear plant in southern Sweden has unexpectedly shut down after suffering a fault in its turbine. A plant…
Continue Reading Markets are in trouble. Election results won’t change that
CNN By Nicole Goodkind, CNN Business The results of Tuesday’s midterm elections will set the agenda for the next Congress. That could mean…
Continue Reading Markets are in trouble. Election results won’t change that
By Nicole Goodkind, CNN Business The results of Tuesday’s midterm elections will set the agenda for the next Congress. That could mean changes…
Continue Reading 5 mistakes you’re making with Medicare open enrollment
By KATE ASHFORD of NerdWallet Millions of retirees are in the thick of Medicare open enrollment, which runs from Oct. 15 to Dec. 7, but many find the…
Continue Reading Hungary’s government sets price cap on eggs, potatoes.
By JUSTIN SPIKE Associated Press BUDAPEST, Hungary (AP) — Grocers in Hungary will be ordered to sell eggs and potatoes at prices no higher than…
Continue Reading Facebook parent Meta cuts 11,000 jobs, 13% of workforce
By BARBARA ORTUTAY AP Technology Writer Facebook parent Meta is laying off 11,000 people, about 13% of its workforce, as it contends with faltering…
Continue Reading Facebook parent company Meta will lay off 11,000 employees
By Catherine Thorbecke, CNN Business Facebook parent company Meta on Wednesday said it is laying off 11,000 employees, marking the most significant…
Continue Reading IMF, Bangladesh reach preliminary deal for $4.5B in loans
DHAKA,Bangladesh (AP) — The International Monetary Fund has reached a preliminary agreement with Bangladesh to provide $4.5 billion to help the…
Continue Reading Why these five states don’t sell lottery tickets
By Nathaniel Meyersohn, CNN Business If residents of Alabama, Utah, Alaska, Hawaii or Nevada wanted a chance to win this week’s record…
Continue Reading China is ‘committed to net zero,’ head of top Asian development bank says at COP27
By Eoin McSweeney and Ella Nilsen, CNN China and the other 104 members of the Asian Infrastructure Investment Bank are “deeply committed”…
Continue Reading Belgian strike over cost of living hits traffic, companies
BRUSSELS (AP) — A nationwide strike over the cost of living increases caused by runaway inflation and the war in Ukraine has snarled traffic…
Continue Reading Germany blocks Chinese-owned firm’s chip factory deal
By GEIR MOULSON Associated Press BERLIN (AP) — The German government has blocked the sale of a chip factory to a Swedish subsidiary of a Chinese…
Continue Reading Nissan’s quarterly profit falls amid computer chip crunch
By YURI KAGEYAMA AP Business Writer TOKYO (AP) — Nissan’s profit declined 68% in the last quarter as a computer chips shortage hindered the…
Continue Reading Inflation strikes disrupt trains, flights in Greece, Belgium
By ELENA BECATOROS Associated Press ATHENS, Greece (AP) — Workers have walked off the job in Greece and Belgium during nationwide strikes against…
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