Reality is setting in for GameStop stock
By Paul R. La Monica, CNN Business Billionaire Ryan Cohen profited big when he briefly invested in struggling retailer Bed Bath & Beyond and…
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FDA panel backs much-debated ALS drug in rare, 2nd review
By MATTHEW PERRONE AP Health Writer WASHINGTON (AP) — A panel of federal health advisers voted Wednesday to recommend approval for an experimental…
Continue Reading Starbucks loses appeal, will rehire 7 fired Memphis workers
By DEE-ANN DURBIN AP Business Writer Starbucks said Wednesday it will reinstate seven employees who were fired in February after leading an effort to…
Continue Reading Cineworld, the world’s second largest movie theater chain, files for bankruptcy
By Frank Pallotta, CNN Business Cineworld Group — the world’s second largest movie theater chain and owner of Regal Cinemas — said…
Continue Reading Fed’s Brainard: Rates to rise higher, stay elevated longer
By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — A top Fed official says the Federal Reserve will need to continue lifting its…
Continue Reading Major League Baseball players union joins the AFL-CIO
By Chris Isidore, CNN Business The Major League Baseball Players Association is joining the AFL-CIO, the nation’s largest labor federation that…
Continue Reading Movie chain Cineworld files for Chapter 11 bankruptcy
By MICHELLE CHAPMAN AP Business Writer Movie theater operator Cineworld Group LLC has filed for Chapter 11 bankruptcy protection in the U.S. as it…
Continue Reading Iconic part of Atlanta skyline foreclosed in loan default
ATLANTA (AP) — An iconic part of Atlanta’s skyline is back in the hands of lenders after its owner defaulted on a loan. The foreclosure on…
Continue Reading The British pound hasn’t been this weak since Margaret Thatcher was prime minister
CNN By David Goldman, CNN Business The British pound fell to a 37-year low against the US dollar Wednesday as the United Kingdom grapples with a…
Continue Reading The British pound hasn’t been this weak since Margaret Thatcher was prime minister
By David Goldman, CNN Business The British pound fell to a 37-year low against the US dollar Wednesday as the United Kingdom grapples with a series…
Continue Reading United Airlines lifts 3Q revenue estimate after busy summer
By DAVID KOENIG AP Airlines Writer DALLAS (AP) — United Airlines said Wednesday that third-quarter revenue will be higher than it had expected due…
Continue Reading Tesla’s ‘full self-driving’ isn’t worth $15,000, say many who bought it
By Matt McFarland, CNN Business Tesla’s price for the feature it calls “full self-driving” has increased again. This time to…
Continue Reading Judge: Musk can use Twitter whistleblower but not delay case
By MATT O’BRIEN AP Technology Writer Elon Musk will be able to include new evidence from a Twitter whistleblower as he fights to get out of his…
Continue Reading Apple maintains prices on new iPhones despite inflation
By MICHAEL LIEDTKE AP Technology Writer CUPERTINO, Calif. (AP) — Apple’s latest line-up of iPhones will boast better cameras, faster processors,…
Continue Reading The UK is preparing a huge energy bailout that could cost $172 billion
By Anna Cooban, CNN Business The United Kingdom’s new prime minister is reportedly preparing to commit as much as £150 billion ($172 billion)…
Continue Reading Price of war: UK and EU throw $500 billion at energy subsidies
CNN By Lauren Kent and Anna Cooban, CNN Business The United Kingdom on Thursday confirmed plans to subsidize energy bills for households and…
Continue Reading Judge denies Elon Musk’s request to delay Twitter trial following whistleblower disclosure
By Clare Duffy, CNN Business A Delaware judge on Wednesday denied Elon Musk’s request to delay his trial with Twitter over their $44 billion…
Continue Reading Power outage at Austin airport leads to flight delays
AUSTIN, Texas (AP) — An early morning power outage Wednesday at Austin-Bergstrom International Airport caused flight delays and cancellations that…
Continue Reading Billionaire: The Fed won’t say it out loud, but it really wants a higher unemployment rate
CNN, CNN BUSINESS By Matt Egan, CNN Business For many years after the Great Recession, the Federal Reserve did everything in its power to lower the…
Continue Reading Billionaire: The Fed won’t say it out loud, but it really wants a higher unemployment rate
By Matt Egan, CNN Business For many years after the Great Recession, the Federal Reserve did everything in its power to lower the unemployment rate.…
Continue Reading New UK Prime Minister Liz Truss inherits an economic storm
By SYLVIA HUI Associated Press LONDON (AP) — Britain’s new prime minister has pledged to rebuild the economy and “ride out the storm”…
Continue Reading Greece tells state workers to save power, seeks 10% cut
By NICHOLAS PAPHITIS Associated Press ATHENS, Greece (AP) — Greece’s government has announced a carrot-and-stick drive to cut public sector…
Continue Reading UPS hiring for the holiday rush holds steady above 100,000
By ANNE D’INNOCENZIO AP Retail Writer NEW YORK (AP) — UPS plans to hire more than 100,000 workers to help handle the holiday rush this…
Continue Reading Navy wants new destroyer with lasers, hypersonic missiles
By DAVID SHARP Associated Press BATH, Maine (AP) — The Navy is getting ready to turn the chapter on its workhorse destroyer, the Arleigh Burke,…
Continue Reading Austria announces price cap to curb rising power prices
BERLIN (AP) — The Austrian government has presented plans for a power price cap to curb the rise in energy costs. Chancellor Karl Nehammer said…
Continue Reading EU wants price cap on Russian gas, energy companies to pay
BRUSSELS (AP) — European Commission President Ursula von der Leyen says European Union countries should set a price cap on Russian natural gas. She…
Continue Reading Kim Kardashian’s next gig: Wall Street investor
By Jordan Valinsky, CNN Business Kim Kardashian is entering the world of private equity. She’s partnering with Jay Sammons, a former executive…
Continue Reading Albania cuts diplomatic ties with Iran over July cyberattack
By LLAZAR SEMINI Associated Press TIRANA, Albania (AP) — Albania’s prime minister says the government has cut diplomatic ties with Iran and…
Continue Reading Serena Williams’ farewell match smashes ESPN ratings records
By Jordan Valinsky, CNN Business Serena Williams’ loss last week at the US Open, likely her final match, made history for ESPN. The roughly…
Continue Reading Serena Williams’ farewell match smashes ESPN ratings records
CNN By Jordan Valinsky, CNN Business Serena Williams’ loss last week at the US Open, likely her final match, made history for ESPN. The roughly…
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