EU: US electric vehicle tax credit reduces buyers’ choices
BRUSSELS (AP) — The European Union trade chief says a new U.S. tax credit aimed at encouraging Americans to buy electric vehicles could eventually…
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From WFH boom to RTO bust. Could a Zoom takeover be next?
By Paul R. La Monica, CNN Business The work-from-home boom may be over, and that’s not good news for one pandemic stock market darling.…
Continue Reading Jobless claims fall to lowest level in two months
By Kate Trafecante and Alicia Wallace for CNN Business Weekly jobless claims fell to the lowest level since late June as employers appear reluctant…
Continue Reading Why this company thinks music videos (and cowboy hats) can teach online security
By Rachel Metz, CNN Business In January 2021, Rachel Tobac came up with a silly take on a serious topic: A sea shanty-like video in which she sang a…
Continue Reading Mortgage rates rise again after Fed says it will take ‘forceful’ steps to curb inflation
By Anna Bahney, CNN Business Mortgage rates continued to climb this week following comments by Federal Reserve Chairman Jerome Powell that the…
Continue Reading Gibraltar confirms leakage of fuel from stranded cargo ship
The Associated Press MADRID (AP) — Gibraltar authorities say that a small amount of heavy fuel oil has leaked from a bulk carrier ship stranded…
Continue Reading Mortgage rates rise to 5.66%, weighing on housing market
By MATT OTT AP Business Writer WASHINGTON (AP) — Average long-term U.S. mortgage rates rose to their highest level in two months this week,…
Continue Reading Twitter readies edit feature for premium users
By The Associated Press Permanently misspelled tweets might soon be a thing of the past. Twitter said Thursday it will roll out an editing feature to…
Continue Reading Twitter is finally testing an edit button
By Clare Duffy, CNN Business After years of users clamoring for such a feature, Twitter is finally testing edited tweets. Twitter said in — where…
Continue Reading Opinion: US companies are committing to hiring refugees. More should follow suit
Opinion by Gideon Maltz for CNN Business Perspectives One year ago, the world collapsed for Sayed Kabir Kamall, an Afghan of Uzbek heritage. Kabir…
Continue Reading Limited funding hampers charities’ early monkeypox response
By KAY DERVISHI of The Chronicle of Philanthropy Chronicle of Philanthropy Two biopharmaceutical companies will give $5 million and $500,000,…
Continue Reading 41% of Black and minority workers in the UK are suffering racism on the job
By Zayn Nabbi and Anna Cooban, CNN Business More than two in five Black, brown and minority ethnic workers in the United Kingdom say they have faced…
Continue Reading Google releases details on how it will combat misinformation in advance of midterm elections
By Brian Fung, CNN Google is preparing for a wave of misinformation surrounding the US midterm elections by elevating trustworthy information and…
Continue Reading Ford recalls SUVs; heating and cooling fans can catch fire
DETROIT (AP) — Ford is recalling nearly 200,000 large SUVs because the heating and cooling fan motors can fail and catch fire. The recall covers…
Continue Reading Fewer Americans file for jobless benefits last week
By MATT OTT AP Business Writer WASHINGTON (AP) — Fewer Americans filed for unemployment benefits last week as the labor market continues to shine…
Continue Reading Lukoil chairman dies after falling from a Moscow hospital window
By Anna Chernova, Frederik Pleitgen, Chris Liakos and Julia Horowitz, CNN Business The chairman of Russian oil and gas giant Lukoil has died after…
Continue Reading Cruise updates software for autonomous vehicles after crash
DETROIT (AP) — An autonomous robotaxi run by Cruise LLC got into a crash while making a left turn, causing the company to recall 80 vehicles with a…
Continue Reading When autumn leaves start to fall, will Wall Street follow?
By STAN CHOE AP Business Writer NEW YORK (AP) — Welcome to the worst month of the year for Wall Street. The average September has been 10 times…
Continue Reading This UK company will hand out free food to 88,000 workers this winter
By Anna Cooban, CNN Business A leading British retailer plans to feed 88,000 workers over the winter to help them cope with the surging cost of…
Continue Reading Microsoft’s Activision Blizzard deal faces more UK scrutiny
By KELVIN CHAN AP Business Writer LONDON (AP) — Microsoft’s plan to buy video game company Activision Blizzard faces a potential setback after…
Continue Reading Russian top oil executive dies; fall from window blamed
MOSCOW (AP) — Russian news reports say the chairman of the board of Russia’s largest private oil company fell out of a hospital window and died.…
Continue Reading Wall Street’s biggest fear gauge is broken
By Nicole Goodkind, CNN Business Markets are hard to predict right now, and that’s raising a question for some on Wall Street: Does a common…
Continue Reading While streamers cut costs, Amazon makes a massive bet with ‘Lord of the Rings’
By Frank Pallotta, CNN Business After much anticipation, “The Lord of the Rings: The Rings of Power” finally debuts on Amazon Prime Video…
Continue Reading Strikes sweep Britain as soaring inflation savages living standards
By Anna Cooban, CNN Business Workers in the United Kingdom have had enough of falling living standards. Rail workers, journalists, lawyers, and…
Continue Reading China demands US drop tech export curbs after Nvidia warning
By JOE McDONALD AP Business Writer BEIJING (AP) — The Chinese government is calling on Washington to repeal technology export curbs after…
Continue Reading New online dashboard helps flyers with delays, cancellations
By ASHRAF KHALIL Associated Press WASHINGTON (AP) — Amid months of mass flight cancellations and delays, the Department of Transportation has…
Continue Reading California’s last nuke plant to seek US OK for extended run
By MICHAEL R. BLOOD Associated Press LOS ANGELES (AP) — The utility that oversees California’s last operating nuclear power plant is taking steps…
Continue Reading IMF set to provide $2.9 billion to help crisis-hit Sri Lanka
By BHARATHA MALLAWARACHI Associated Press COLOMBO, Sri Lanka (AP) — The International Monetary Fund says it has reached a preliminary agreement to…
Continue Reading Lufthansa cancels many flights Friday due to pilots’ strike
BERLIN (AP) — German carrier Lufthansa says it is canceling almost all passenger and cargo flights Friday from its two biggest hubs, Frankfurt and…
Continue Reading China locks down 21 million in Chengdu in COVID-19 outbreak
BEIJING (AP) — Chinese authorities have locked down Chengdu, a southwestern city of 21 million people, following a spike in COVID-19 cases.…
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