German tapped to lead Japan’s medical company Olympus as CEO
By YURI KAGEYAMA AP Business Writer TOKYO (AP) — Japanese medical equipment maker Olympus has tapped Stefan Kaufmann, a German who has worked for…
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Thai regulator approves $7.3 billion telecoms carrier merger
By ELAINE KURTENBACH AP Business Writer BANGKOK (AP) — Thailand’s telecoms regulator has agreed to allow a merger between the country’s…
Continue Reading Stocks end higher on Wall Street, notching weekly gains
By DAMIAN J. TROISE and ALEX VEIGA AP Business Writer Wall Street capped a volatile run for stocks with a broad rally Friday, contributing to sizable…
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Google hit with $162 million fine from Indian regulators over anti-competitive practices
Swati Gupta, CNN Business Google is facing the heat in India. The country’s antitrust regulator has imposed a penalty of approximately 13.4…
Continue Reading Japan PM visits Australia to step up military, energy ties
By MARI YAMAGUCHI Associated Press TOKYO (AP) — Japanese Prime Minister Fumio Kishida, who is visiting Australia for talks with his Australian…
Continue Reading Cash is king for sanctioned Russian, Venezuelan oligarchs
By JOSHUA GOODMAN Associated Press MIAMI (AP) — Politically connected billionaires from Russia and Venezuela are at the center of a 49-page…
Continue Reading EU leaders avoid deep rift on gas price cap at energy summit
By SAMUEL PETREQUIN and RAF CASERT Associated Press BRUSSELS (AP) — European Union leaders are struggling to find immediate practical solutions on…
Continue Reading Newsmax bans Lara Logan after QAnon-style rant, condemns her words in ‘the strongest terms’
By Oliver Darcy, CNN Business The right-wing channel Newsmax has banned Lara Logan from its air after she went on a QAnon-style rant during an…
Continue Reading Texas regulators have their eyes on one of the most powerful players in the crypto world
Jon Sarlin, CNN Business The big news in crypto this week came via a court filing in Texas. FTX, the crypto giant that is led by arguably the most…
Continue Reading Report: Elon Musk plans to cut 75% of Twitter workforce
SAN FRANCISCO (AP) — Elon Musk plans to lay off most of Twitter’s workforce if and when he becomes owner of the social media company, according…
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New skyboxes at Pan Am Center near completion
LAS CRUCES, New Mexico — The Pan Am Center is getting an upgrade. The NMSU Foundation received a nearly 3-million-dollar donation to build three…
Continue Reading Railroads reject latest proposal from third largest union, as strike date looms
By Vanessa Yurkevich and Chris Isidore, CNN Business US freight railroads rejected a new sick leave proposal from a union of track maintenance…
Continue Reading Families of 2 killed at Astroworld festival settle lawsuits
By JUAN A. LOZANO Associated Press HOUSTON (AP) — The families of two people who died during last year’s Astroworld music festival have settled…
Continue Reading Former Treasury Secretary Larry Summers says chance of recession next year is substantial
By Nicole Goodkind, CNN Business Former US Treasury Secretary Larry Summers said on Thursday that it’s “substantially” more likely…
Continue Reading Amazon shuts online store fabric.com in cost-cutting move
By HALELUYA HADERO AP Business Writer NEW YORK (AP) — Amazon is shutting down a subsidiary that’s been selling fabrics for nearly 30 years. The…
Continue Reading As prices soar, consumers turn to McDonald’s
CNN By Danielle Wiener-Bronner, CNN Business Inflation is relentlessly high and food prices in particular are soaring. In this environment, customers…
Continue Reading CSX 3Q profit up 15% as railroad hauls 2% more freight
By JOSH FUNK AP Business Writer OMAHA, Neb. (AP) — CSX has delivered 15% more profit in the third quarter. The railroad handled 2% more freight and…
Continue Reading Snap stock falls nearly 25% after revenue hit by shrinking advertiser budgets
CNN, CNN BUSINESS By Catherine Thorbecke, CNN Business Snap’s bad year continues. Snap on Thursday reported revenue of $1.13 billion for the…
Continue Reading Snap stock falls nearly 25% after revenue hit by shrinking advertiser budgets
By Catherine Thorbecke, CNN Business Snap’s bad year continues. Snap on Thursday reported revenue of $1.13 billion for the three months ending…
Continue Reading Tesla, Union Pacific fall; AT&T, Quest Diagnostics rise
Stocks that traded heavily or had substantial price changes Thursday: Tesla, Union Pacific fall; AT&T, Quest Diagnostics…
Continue Reading How major US stock indexes fared Thursday 10/20/2022
The Associated Press Stocks gave up an early gain and closed lower on Wall Street as markets continue an unsteady search for direction. Several…
Continue Reading Closing prices for crude oil, gold and other commodities
The Associated Press Benchmark U.S. crude oil for November delivery rose 43 cents to $85.98 a barrel Thursday. Brent crude for December delivery fell…
Continue Reading Steve Mnuchin testifies on behalf of Trump ally at NYC trial
By TOM HAYS Associated Press NEW YORK (AP) — Former Treasury Secretary Steven Mnuchin has testified as a defense witness at the New York City trial…
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Korean auto giant Hyundai investigating child labor in its U.S. supply chain
By Reuters Hyundai Motor Co, Korea’s top automaker, is investigating child labor violations in its U.S. supply chain and plans to “sever…
Continue Reading Elon Musk says Tesla shares are only going up. But he’s selling them anyway
By Michael Ballaban Elon Musk made another one of his predictions. On Wednesday evening’s earnings call, the Tesla CEO claimed that his…
Continue Reading Why BMW really decided to make batteries in the US
By Peter Valdes-Dapena, CNN Business BMW recently announced a $1.7 billion investment to help prepare its huge Spartanburg, South Carolina, factory…
Continue Reading High court asked to stop Arkansas law against Israel boycott
By TERRY WALLACE and ANDREW DeMILLO Associated Press LITTLE ROCK, Ark. (AP) — Free-speech advocates asked the Supreme Court on Thursday to overturn…
Continue Reading Texas sues Google over alleged ‘indiscriminate’ biometric data collection
By Brian Fung, CNN Business Texas Attorney General Ken Paxton sued Google on Thursday, alleging the tech giant had violated the state’s…
Continue Reading Florida lawmakers to address Hurricane Ian issues this year
TALLAHASSEE, Fla. (AP) — The Florida Legislature will hold a special session before the end of the year to consider providing property tax relief…
Continue Reading Dr. Oz made reputation as a surgeon, a fortune as a salesman
By BRIAN SLODYSKO and MARC LEVY Associated Press HARRISBURG, Pa. (AP) — Dr. Mehmet Oz rolled onstage inside of an inflatable orb, put on a…
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