OPEC’s production cut is a win for oil stocks
By Nicole Goodkind, CNN Business The White House isn’t very happy with OPEC’s decision to slash oil production by 2 million barrels per…
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UK offers new North Sea oil, gas licenses despite opposition
By JILL LAWLESS Associated Press LONDON (AP) — The British government has opened a new licensing round for North Sea oil and gas exploration,…
Continue Reading Credit Suisse is buying back debt and selling a hotel
By Julia Horowitz, CNN Business Credit Suisse said it will buy back up to $3 billion in its own bonds to save money on debt servicing costs while…
Continue Reading To buy Twitter, Musk has to keep banks, investors on board
By TOM KRISHER and MATT O’BRIEN AP Business Writers If the squabbling ever stops over Elon Musk’s renewed bid to buy Twitter, experts say he…
Continue Reading US, UK hold drone drill in Persian Gulf after Iran seizures
By JON GAMBRELL Associated Press DUBAI, United Arab Emirates (AP) — The U.S. Navy has held a joint drone drill with the United Kingdom in the…
Continue Reading Japan regulator orders brokerage to halt block trading
TOKYO (AP) — Japan’s Financial Services Agency has ordered brokerage SMBC Nikko Securities to suspend its block trading operations for three…
Continue Reading Cathay Pacific is facing ‘unprecedented staffing’ shortages, warns top union in Hong Kong
CNN By Michelle Toh, CNN Business Hong Kong’s flagship airline Cathay Pacific is facing “unprecedented” staff shortages and may not…
Continue Reading Cathay Pacific is facing ‘unprecedented staffing’ shortages, warns top union in Hong Kong
By Michelle Toh, CNN Business Hong Kong’s flagship airline Cathay Pacific is facing “unprecedented” staff shortages and may not be…
Continue Reading Stocks lose more ground on fears a recession may be looming
By STAN CHOE and ALEX VEIGA AP Business Writers NEW YORK (AP) — Good news on the economy remains bad news for Wall Street, as stocks fell sharply…
Continue Reading No summit breakthrough, EU struggles with gas price cap plan
By LORNE COOK, KAREL JANICEK and SYLVIE CORBET Associated Press PRAGUE (AP) — European Union leaders are struggling to bridge significant…
Continue Reading Yacht owned by sanctioned Russian tycoon docks in Hong Kong
HONG KONG (AP) — A superyacht connected to Russian tycoon Alexey Mordashov has anchored in Hong Kong as Western governments move to seize yachts…
Continue Reading Hurricane Ian floods leave mess, insurance questions behind
By REBECCA SANTANA and MICHAEL PHILLIS Associated Press NORTH PORT, Fla. (AP) — Christine Barrett was inside her family’s North Port home during…
Continue Reading Another month of solid US hiring suggests more big Fed hikes
By PAUL WISEMAN AP Economics Writer WASHINGTON (AP) — America’s employers slowed their hiring in September but still added 263,000 jobs, a solid…
Continue Reading A young woman’s death in Iran has sparked an uprising. News organizations are grappling with how to cover it
By Oliver Darcy, CNN Business Nationwide protests have gripped Iran for weeks following the death of 22-year-old Mahsa Amini after she was taken into…
Continue Reading A young woman’s death in Iran has sparked an uprising. News organizations are grappling with how to cover it
CNN, TWITTER, CHESHM_ABI, TELEGRAM, NAZAR TELEGRAM CHANNEL, AFP, IRANWIRE, @SEPEHRAZADI, @AFSHONE By Oliver Darcy, CNN Business Nationwide protests…
Continue Reading Former Treasury Secretary Larry Summers says it’s ‘more likely than not’ US will enter recession
By Paul LeBlanc, CNN Former US Treasury Secretary Larry Summers said Thursday it’s “more likely than not” the US will enter a…
Continue Reading Credit Suisse is buying back debt and selling a hotel
CNN By Julia Horowitz, CNN Business Credit Suisse said it will buy back up to $3 billion in its own bonds to save money on debt servicing costs while…
Continue Reading Hospital chain attack part of ongoing cybersecurity concerns
By KATHLEEN FOODY and KIMBERLEE KRUESI Associated Press CHICAGO (AP) — Diverted ambulances, cancer treatment delayed and electronic health records…
Continue Reading GOP Sen. Chuck Grassley calls for OPEC collusion crackdown after production cut
by Matt Egan, CNN Republican Sen. Chuck Grassley on Thursday called for punishing OPEC for its production cut by passing legislation that would hold…
Continue Reading In a first, Netflix’s ‘Knives Out’ sequel will play in theaters for a week
By Frank Pallotta, CNN Business Netflix is going to the movies, but only for a week. “Glass Onion: A Knives Out Mystery,” the new…
Continue Reading How major US stock indexes fared Thursday 10/6/2022
The Associated Press Stocks closed lower again on Wall Street but still managed to hold on to sizable gains for the week. The S&P 500 fell 1%…
Continue Reading Venator, JetBlue fall; , Peloton, Marathon Oil rise
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Thursday: Venator, JetBlue fall; Peloton, Marathon Oil…
Continue Reading Munich Re to stop its backing for new oil, gas fields
BERLIN (AP) — Munich Re, one of the world’s biggest insurance companies, says it will stop backing new oil and gas fields beginning next April.…
Continue Reading In a first, Netflix’s ‘Glass Onion’ to play in major chains
By JAKE COYLE AP Film Writer NEW YORK (AP) — For the first time, the major U.S. theater chains will play a Netflix release after exhibitors and the…
Continue Reading Judge delays Twitter trial, gives Musk time to seal buyout
By MATT O’BRIEN and BARBARA ORTUTAY AP Technology Writers A judge has delayed a looming trial between Twitter and Elon Musk. The move gives the…
Continue Reading The Twitter-Musk trial is now on pause
By Clare Duffy, CNN Business The judge overseeing the acquisition dispute between Elon Musk and Twitter on Thursday ruled to pause the legal…
Continue Reading Closing prices for crude oil, gold and other commodities
The Associated Press Benchmark U.S. crude oil for November delivery rose 69 cents to $88.45 a barrel Thursday. Brent crude for December delivery rose…
Continue Reading Fed’s Cook says more rate hikes needed to combat inflation
By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — Federal Reserve Governor Lisa Cook says more interest rate increases will be necessary…
Continue Reading UK nurses vote on strikes as cost-of-living squeeze worsens
LONDON (AP) — Britain’s biggest nurses’ union is asking its 300,000 members whether they want to go on strike in a dispute over pay. Members of…
Continue Reading Hiking rates too quickly could trigger a ‘prolonged recession,’ IMF head warns
By Alicia Wallace, CNN Business The global economic outlook is darkening and the risks of recession are quickly rising: That’s the latest…
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