Bed Bath & Beyond shares tank on reports that suppliers have halted product shipments
By Parija Kavilanz, CNN Business Shareholders are pulling the rug out from under Bed Bath & Beyond. The embattled retailer’s stock dropped…
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Ford cutting 3,000 white-collar jobs in bid to lower costs
By TOM KRISHER AP Auto Writer DETROIT (AP) — About 3,000 white-collar workers at Ford Motor Co. will lose their jobs as the company cuts costs to…
Continue Reading Germany: No single cause for massive Oder River fish die-off
By FRANK JORDANS Associated Press BERLIN (AP) — Germany says several substances seem to have contributed to a massive fish die-off in the Oder…
Continue Reading Stocks tumble on fears of another big Fed rate hike
By Paul R. La Monica, CNN Business So much for hopes that the Federal Reserve will tap the brakes on its aggressive interest rate hikes. Stocks…
Continue Reading Serb official visits Moscow, calls sanctions EU ‘hysteria’
By DUSAN STOJANOVIC Associated Press BELGRADE, Serbia (AP) — Serbia’s interior minister has met with Russian Foreign Minister Sergey Lavrov in…
Continue Reading Pfizer seeks OK of updated COVID vaccine booster for fall
By LAURAN NEERGAARD AP Medical Writer Pfizer has asked U.S. regulators to authorize its combination COVID-19 vaccine that adds protection against the…
Continue Reading Study: Already shrunk by half, Swiss glaciers melting faster
By JAMEY KEATEN Associated Press GENEVA (AP) — Switzerland’s 1,400 glaciers have lost more than half their total volume since the early…
Continue Reading 72% of economists expect a US recession by the middle of next year
By Matt Egan for CNN Business The Federal Reserve is unlikely to tame inflation without pushing the American economy into a recession, according to a…
Continue Reading French supermarkets and gas stations are capping prices
By Anna Cooban, CNN Business French supermarkets and gas stations have an answer to soaring inflation — freezing some prices for the next few…
Continue Reading McDonald’s reshapes board as longtime member Penrose retires
By MICHELLE CHAPMAN AP Business Writer McDonald’s is reshaping its board, including the exit of a board member recently targeted by activist…
Continue Reading Ex-Formula One boss Bernie Ecclestone denies fraud charge
LONDON (AP) — Former Formula One boss Bernie Ecclestone has denied a fraud charge over his alleged failure to declare millions of pounds in…
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“Quiet quitting” trend catches on
CNN –Workers are feeling burnt out by their jobs. They are tired of doing extra work with no compensation. “Quiet quitting” is becoming the answer…
Continue Reading Adidas CEO to step down next year, successor sought
BERLIN (AP) — Sports apparel maker Adidas says CEO Kasper Rorsted will step down next year and it has started looking for a successor. The…
Continue Reading Markets are fighting the Fed
By Julia Horowitz, CNN Business Stocks have experienced a sharp summer rebound, easing fear among investors and boosting hopes the bear market has…
Continue Reading Opinion: Corporate greed isn’t to blame for high inflation
Opinion by Stephen G. Cecchetti and Kermit L. Schoenholtz for CNN Business Perspectives In June, US inflation hit a 40-year high of 9% and…
Continue Reading Cyprus says new gas discovery aids Europe’s energy search
By MENELAOS HADJICOSTIS Associated Press NICOSIA, Cyprus (AP) — Cyprus’ Energy Ministry says a new gas discovery off the island’s southern…
Continue Reading NM city, victim of government burn, now faces water shortage
By SUSAN MONTOYA BRYAN and BRITTANY PETERSON Associated Press LAS VEGAS, N.M. (AP) — In the foothills of the Rocky Mountains, buzzing chainsaws…
Continue Reading Sunrun CEO Powell sees need for more rooftop solar
By CATHY BUSSEWITZ AP Energy Writer NEW YORK (AP) — As the head of the nation’s largest rooftop solar installer, Mary Powell has a stake in the…
Continue Reading Russia blames Ukraine for nationalist’s car bombing death
By VLADIMIR ISACHENKOV Associated Press MOSCOW (AP) — Moving quickly to assign blame, Russia on Monday declared Ukrainian intelligence responsible…
Continue Reading Wanted: 7,000 construction workers for Intel chip plants
By ANDREW WELSH-HUGGINS Associated Press JOHNSTOWN, Ohio (AP) — Ohio’s largest-ever economic development project comes with a big employment…
Continue Reading Kenya presidential vote loser files Supreme Court challenge
By CARA ANNA Associated Press NAIROBI, Kenya (AP) — Kenya’s losing presidential candidate Raila Odinga has filed a Supreme Court challenge to…
Continue Reading Ukraine: 9,000 of its troops killed since Russia began war
By HANNA ARHIROVA Associated Press NIKOPOL, Ukraine (AP) — Russia’s invasion of Ukraine has already killed some 9,000 Ukrainian soldiers…
Continue Reading Cineworld considers bankruptcy as cinema struggles continue
The Associated Press LONDON (AP) — Cineworld Group says it’s considering a U.S. bankruptcy filing for Chapter 11 protection, as it contends…
Continue Reading Liz Weston: 3 reasons not to tap your home equity right now
By LIZ WESTON of NerdWallet. House prices are soaring, and homeowners have a lot of value built up between what’s left on the mortgage and what…
Continue Reading Hungary’s govt launches investigation against second airline
By JUSTIN SPIKE Associated Press BUDAPEST, Hungary (AP) — Hungary’s government has ordered an investigation of domestic low-cost carrier Wizz Air…
Continue Reading As inflation soars, access to Indigenous foods declines
By CLAIRE SAVAGE, HANNAH SCHOENBAUM and TRISHA AHMED Associated Press/Report for America CHICAGO (AP) — Blueberry bison tamales, harvest salad with…
Continue Reading From energy to drinking water, China has lots to fix in its economy
CNN By Laura He, CNN Business China has unveiled 19 new measures to shore up its economy and “secure drinking water” supply as the…
Continue Reading Carmakers hit as China’s heatwave forces more power rationing
By Laura He, CNN Business China’s brutal heatwave is now hurting major players in the auto industry. The rationing of power in Sichuan province…
Continue Reading Palestinians fly to Cyprus in Israeli airport pilot program
JERUSALEM (AP) — Several dozen Palestinians have flown to Cyprus from an airport in southern Israel as part of a pilot program to allow…
Continue Reading Zoom gets slammed: Stock plunges on weak outlook
CNN By Paul R. La Monica, CNN Business The pandemic lift for Zoom has gone poof. Shares of the video conferencing company plunged more than 10%…
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