FedEx hikes package rates for 2023
By Nathaniel Meyersohn and Chris Isidore, CNN Business FedEx will raise ground and express shipping rates by an average of 6.9% next year, the…
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Yellen to visit North Carolina ahead of tight midterm races
By FATIMA HUSSEIN Associated Press WASHINGTON (AP) — Treasury Secretary Janet Yellen heads to the Durham, North Carolina, area next Tuesday as part…
Continue Reading GM stops taking reservations for Hummer EV
By Chris Isidore, CNN Business There’s a lot of buyer interest in the electric Hummer now being offered by Chevrolet. But there’s limited…
Continue Reading Facebook violated rights of Palestinian users, report finds
By BARBARA ORTUTAY AP Technology Writer Actions by Facebook and its parent Meta during last year’s Gaza war violated the rights of Palestinian…
Continue Reading How major US stock indexes fared Thursday 9/22/2022
The Associated Press Stocks closed lower on Wall Street, deepening their losses for the week, as central banks around the world raised interest rates…
Continue Reading Steelcase, Darden fall; Lennar, Salesforce rise
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Thursday: Steelcase, Darden fall; Lennar, Salesforce…
Continue Reading Netflix is opening its own video game studio as part of latest pivot into gaming
CNN By Catherine Thorbecke, CNN Business It began by mailing out DVDs, then evolved to become a production and streaming powerhouse. Now Netflix…
Continue Reading The internet’s new favorite video game is like ‘Guitar Hero’ but with trombones
By Jennifer Korn If you liked “Guitar Hero” but wished it had more brass instruments, you’re in luck. A new rhythm game called…
Continue Reading BNSF: Rail accident victims should have to use arbitration
By MARGARET STAFFORD Associated Press BNSF Railway Co. has asked a federal court to require victims of a deadly Amtrak crash in Missouri to pursue…
Continue Reading Closing prices for crude oil, gold and other commodities
The Associated Press Benchmark U.S. crude oil for November delivery rose 55 cents to $83.49 a barrel Thursday. Brent crude for November delivery rose…
Continue Reading Why it’s getting even harder to keep a roof over your head
By Anna Bahney, CNN Business Americans looking to buy or rent a home have had a rough year. Rents are up by double-digit percentages in some cities.…
Continue Reading Japan to loosen travel restrictions imposed during pandemic
By MATT SEDENSKY AP National Writer NEW YORK (AP) — Japan’s prime minister has announced that his nation’s strict border restrictions will…
Continue Reading FTC says Bezos, Jassy must testify in probe of Amazon Prime
By MARCY GORDON AP Business Writer WASHINGTON (AP) — Federal regulators are ordering Amazon founder Jeff Bezos and CEO Andy Jassy to testify in the…
Continue Reading Judge outlines holes in DOJ suit to stop UnitedHealth deal
The Associated Press Federal regulators failed to show that UnitedHealth Group’s purchase of technology company Change Healthcare will likely hurt…
Continue Reading Hertz is buying up to 175,000 electric vehicles from GM
By Peter Valdes-Dapena, CNN Business Hertz has agreed to purchase up to 175,000 electric vehicles from General Motors over the next five years. This…
Continue Reading Execs: US casinos learned some useful lessons from pandemic
By WAYNE PARRY Associated Press ATLANTIC CITY, N.J. (AP) — The COVID pandemic forced most U.S. casinos to close for months, causing payrolls,…
Continue Reading US sanctions Iranian morality police after woman’s death
By FATIMA HUSSEIN Associated Press WASHINGTON (AP) — The U.S. government has imposed sanctions on Iran’s morality police after the death in…
Continue Reading Prada, Max Mara back to pre-pandemic splendor in Milan
By COLLEEN BARRY AP Fashion Writer MILAN (AP) — After several seasons affected by coronavirus restrictions, Milan Fashion Week is back to its…
Continue Reading Rising mortgage rates hit home builders as buyers pull back
By Paul R. La Monica, CNN Business Prospective home buyers are getting hit by a double whammy of bad news: Prices remain prohibitively high for many…
Continue Reading US economic barometer drops for sixth month in a row, potentially ‘signaling a recession’
By Matt Egan A comprehensive gauge on the health of the US economy dropped in August for the sixth straight month, reinforcing concerns about a…
Continue Reading Amazon’s ‘Thursday Night Football’ is a hit
By Frank Pallotta, CNN Business Amazon hit it big with its “Thursday Night Football” debut. The tech giant’s first exclusive NFL…
Continue Reading Hungary to poll public on support for EU sanctions on Russia
By JUSTIN SPIKE Associated Press BUDAPEST, Hungary (AP) — Hungary’s governing party says it wants to poll the country’s citizens on whether…
Continue Reading America’s dependence on credit cards is growing. The Fed’s rate hike will make it more painful
Martha C. White As prices continue to rise, Americans are becoming increasingly reliant on credit cards to make purchases. And now, with the Federal…
Continue Reading Passenger arrested after seen punching a flight attendant
By DAVID KOENIG AP Airlines Writer FORT WORTH, Texas (AP) — A man who was apparently caught on video slugging a flight attendant in the back of the…
Continue Reading Rare bear market in bonds strips investors of safe haven
By STAN CHOE AP Business Writer NEW YORK (AP) — A rare bear market in bonds hasn’t gotten much attention, but it may be inflicting more pain on…
Continue Reading Man United to reduce spending in upcoming transfer windows
MANCHESTER, England (AP) — Manchester United is set to reduce its activity in the transfer market in upcoming windows following an overhaul of the…
Continue Reading Activist investor pushes for removal of Kohl’s chairman, CEO
By ANNE D’INNOCENZIO AP Retail Writer NEW YORK (AP) — Activist investor Ancora Holdings Group is pushing for the removal of both the chairman…
Continue Reading Larry Page’s electric air taxi startup is winding down
By Catherine Thorbecke, CNN Business Kittyhawk, the electric air taxi startup backed by Google co-founder Larry Page, announced Wednesday that it…
Continue Reading Ford shuffles management, seeks new global supply chain head
By TOM KRISHER AP Auto Writer DETROIT (AP) — Ford is restructuring its vehicle development and supply chain operations, shuffling multiple…
Continue Reading Why Jamie Dimon apologized to Elizabeth Warren
By Nicole Goodkind, CNN Business JPMorgan Chase CEO Jamie Dimon testified on Capitol Hill Thursday for the second straight day. This time, he faced…
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