FAA will switch Okla. facility to solar power for $4 million
WASHINGTON (AP) — The Federal Aviation Administration is going solar. The FAA said Thursday that it will pay nearly $4 million to install solar…
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As deadline looms, railroads say strike would cost $2B a day
By JOSH FUNK AP Business Writer OMAHA, Neb. (AP) — Major freight railroads, in a bid to apply pressure on unions and Congress, say a strike that…
Continue Reading Rivian teams with Mercedes-Benz on electric vans
Associated Press U.S. electric vehicle maker Rivian is partnering with Mercedes-Benz to build a factory in Europe that will produce electric vans for…
Continue Reading As housing market cools, homebuyers regain leverage
By ALEX VEIGA AP Business Writer LOS ANGELES (AP) — Homebuyers are regaining leverage at the negotiating table as the housing market slows, new…
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Rivian and Mercedes in talks to start van production in Europe
By Peter Valdes-Dapena, CNN Business Rivian and Mercedes have signed a “memorandum of understanding” to work together on production of…
Continue Reading AMC’s hype machine can’t fix the broken economics of movie theaters
By Paul R. La Monica, CNN Business Movie theater chain AMC is a top pick for meme investors, but the stock hasn’t exactly turned out to be the…
Continue Reading NATO chief warns of hard winter for Ukraine and its backers
By LORNE COOK Associated Press RAMSTEIN AIR BASE, Germany (AP) — NATO Secretary-General Jens Stoltenberg says Ukraine and its supporters face a…
Continue Reading California faces weather threats from fires to floods
By JOHN ANTCZAK Associated Press LOS ANGELES (AP) — Forces are beginning to collide in California as wildfires threaten communities, an epic heat…
Continue Reading European cab drivers protest practices, spread of Uber
BRUSSELS (AP) — Hundreds of cab drivers have clogged traffic in Brussels in an international demonstration against Uber.  The hail ride company is…
Continue Reading Taliban: UAE firm to run flight services on Afghan airports
By RAHIM FAIEZ Associated Press ISLAMABAD (AP) — The Taliban and the Abu Dhabi-based firm GAAC Solutions have signed a contract for the Emirati…
Continue Reading Disney believed Twitter had ‘substantial’ numbers of fake accounts when it weighed acquisition in 2016, ex-CEO says
By Brian Fung and Frank Pallotta, CNN Disney’s analysis of Twitter in connection with a potential 2016 acquisition led the entertainment giant…
Continue Reading Disney believed Twitter had ‘substantial’ numbers of fake accounts when it weighed acquisition in 2016, ex-CEO says
CNN By Brian Fung and Frank Pallotta, CNN Disney’s analysis of Twitter in connection with a potential 2016 acquisition led the entertainment…
Continue Reading Disney believed Twitter had ‘substantial’ numbers of fake accounts when it weighed acquisition in 2016, ex-CEO says
CNN, CNN BUSINESS By Brian Fung and Frank Pallotta, CNN Disney’s analysis of Twitter in connection with a potential 2016 acquisition led the…
Continue Reading Powell: Higher rates unlikely to cause deep US recession
By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — The last time the Federal Reserve faced inflation as high as it is now, in the early…
Continue Reading Retailers pull lobster from menus after ‘red list’ warning
By PATRICK WHITTLE Associated Press PORTLAND, Maine (AP) — Some retailers are taking lobster off the menu after an assessment from an influential…
Continue Reading Mortgage rates reach highest level since 2008
By Anna Bahney, CNN Business Mortgage rates reached their highest level since 2008, inching closer to 6% this week, as it became clearer to investors…
Continue Reading ‘We need to act right now’: Fed Chairman Powell vows to continue aggressive inflation fight
Martha C. White for CNN Business At a think tank conference Thursday, Federal Reserve Chairman Jerome Powell reiterated his pledge to stay the course…
Continue Reading Long-term mortgage rates now at highest point since 2008
By MATT OTT AP Business Writer WASHINGTON (AP) — Average long-term U.S. mortgage rates jumped again this week to their highest level in almost 14…
Continue Reading Regulators try to stop unlawful nursing home debt collection
By FATIMA HUSSEIN Associated Press WASHINGTON (AP) — A federal report says nursing homes and debt collectors are flouting a law that prohibits them…
Continue Reading GM unveils $30,000 electric SUV that will be one of the cheapest EVs available
By Peter Valdes-Dapena, CNN Business General Motors revealed a new electric SUV Thursday that the automaker expects will be the cheapest compact…
Continue Reading CNN anchor Bernard Shaw dead at 82
By Veronica Stracqualursi, CNN Former CNN anchor Bernard Shaw died Wednesday at a Washington, DC, hospital of pneumonia unrelated to Covid-19,…
Continue Reading CNN anchor Bernard Shaw dead at 82
CNN By Veronica Stracqualursi, CNN Former CNN anchor Bernard Shaw died Wednesday at a Washington, DC, hospital of pneumonia unrelated to Covid-19,…
Continue Reading Opinion: We could see slow economic growth for the rest of the decade
Opinion by Gad Levanon for CNN Business Perspectives So far this year, the US economy has managed to skirt a recession, despite what many experts…
Continue Reading Cheaper electric vehicles coming despite high battery costs
By TOM KRISHER AP Auto Writer WARREN, Mich. (AP) — Auto companies are rolling out more affordable electric vehicles that should widen their appeal…
Continue Reading Weekly jobless claims fall again, underscoring tight job market
By Alicia Wallace, CNN Business Despite fears of a recession, the labor market is showing no signs of weakening. The number of first-time claims for…
Continue Reading ‘Top Gun: Maverick’ is unlike any blockbuster Hollywood has seen in years
By Frank Pallotta, CNN Business There are summer blockbusters, and then there’s “Top Gun: Maverick.” The Paramount film, featuring…
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Kim Kardashian’s next gig: Wall Street investor
Kim Kardashian is entering the world of private equity. She’s partnering with Jay Sammons, a former executive with Carlyle Group, to launch SKKY…
Continue Reading Fewer Americans apply for jobless aid last week
By MATT OTT AP Business Writer WASHINGTON (AP) — The number of Americans filing for unemployment benefits last week fell to its lowest level since…
Continue Reading European Central Bank sets record rate hike to fight energy price shock
By Mark Thompson, CNN Business The European Central Bank hiked interest rates by a record three-quarters of a percentage point on Thursday and…
Continue Reading Jeep unveils its 1st electric SUVs for North America, Europe
DETROIT (AP) — Jeep will start selling two fully electric SUVs in North America and another one in Europe over the next two years. The new EVs,…
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