Nvidia, Hormel fall; Nutanix, Forma Therapeutics rise
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Thursday: Nvidia, Hormel fall; Nutanix, Forma Therapeutics…
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Drug company CEO pleads guilty to selling tainted medicine
FORT LAUDERDALE, Fla. (AP) — A former owner and CEO of a South Florida drug manufacturing company has been sentenced to three years and one month…
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Cruise recalls its robotaxis after passenger injured in crash
By Matt McFarland, CNN Business This week Cruise, which counts General Motors as its largest shareholder, became the first robotaxi operator to…
Continue Reading Paddleboarder loses phone; scuba diver finds it next day
ROCKPORT, Mass. (AP) — When Laura Hernandez fell into the water and lost her iPhone while paddleboarding off Massachusetts earlier this month, she…
Continue Reading Closing prices for crude oil, gold and other commodities
The Associated Press Benchmark U.S. crude oil for October delivery fell $2.94 to $86.61 a barrel Thursday. Brent crude for November delivery fell…
Continue Reading Atlanta hospital announces closure, drawing mayor’s ire
By SUDHIN THANAWALA Associated Press ATLANTA (AP) — One of Atlanta’s largest hospitals says it plans to shut down in two months after…
Continue Reading Stocks start off September with a late day rally
By Paul R. La Monica, CNN Business New month. Same old market volatility. Stocks rallied at the end of first day of September, which is historically…
Continue Reading Bank of America to offer zero-down payment mortgages in certain Black and Hispanic communities
By Matt Egan and Anna Bahney, CNN Bank of America is offering zero down payment mortgages with no closing costs for first-time homebuyers in certain…
Continue Reading Micron to invest $15 billion on memory chip plant in Boise
By MATT OTT AP Business Writer Micron will invest $15 billion though the end of the decade on a new semiconductor plant in its hometown that the…
Continue Reading House committee reaches deal to get Trump financial records
By KEVIN FREKING Associated Press WASHINGTON (AP) — A House committee seeking financial records from former President Donald Trump has reached an…
Continue Reading Fed is hoping August hiring report will show slowdown
By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — Raging inflation has so scrambled the economy that it’s come to this: If Friday’s…
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CDC endorses updated COVID boosters, shots to begin soon
By LAURAN NEERGAARD AP Medical Writer The Centers for Disease Control and Prevention has endorsed updated COIVD-19 boosters. The decision opens the…
Continue Reading The economy is starting to cool — but the job market is ‘like an inferno’
By Alicia Wallace, CNN Business The US economy shrank in the first half of the year, consumer sentiment plunged amid high inflation and unrest…
Continue Reading 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…
Continue Reading 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…
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