South Korea to pardon Samsung’s Lee, other corporate giants
By KIM TONG-HYUNG Associated Press SEOUL, South Korea (AP) — Samsung’s de-facto leader secured a pardon Friday of his conviction for bribing…
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Cops: Oregon crime ring moved $22M in catalytic converters
PORTLAND, Ore. (AP) — Police in suburban Portland, Oregon, said Thursday they arrested a crime ring leader responsible for trafficking more than…
Continue Reading New Zealand welcomes back first cruise ship since COVID hit
By NICK PERRY Associated Press WELLINGTON, New Zealand (AP) — New Zealand has welcomed the first cruise ship to return since the coronavirus…
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Man, teenager charged with string of west El Paso business burglaries
EL PASO, Texas — Two males in custody for an unrelated offense were matched to surveillance photo images related to a string of burglaries in west…
Continue Reading OSHA investigates deaths of Amazon workers in New Jersey
By HALELUYA HADERO AP Business Writer Federal work-safety investigators are looking into the death of an Amazon worker and an injury that potentially…
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Rivian losses surge to $1.7 billion as production ramps up
By Matt McFarland, CNN Business Rivian said Thursday that it lost $1.7 billion in the second quarter of 2022 as it works to ramp up its vehicle…
Continue Reading Explainer: Why gas prices are falling
By The Associated Press U.S. consumers are breathing a bit easier now that gasoline prices have come down from record levels, but pump prices are…
Continue Reading Clinton initiative’s NYC return includes Andres, Queen Rania
By GLENN GAMBOA AP Business Writer NEW YORK (AP) — World Central Kitchen founder Jose Andres, Jordan’s Queen Rania, BlackRock CEO Larry Fink and…
Continue Reading Shell and Chevron shut Gulf of Mexico oil platforms after small leak halts pipelines
by Matt Egan, CNN Shell and Chevron both said on Thursday that the companies halted oil production at several platforms in the Gulf of Mexico…
Continue Reading Home prices hit a new record high in the second quarter
By Anna Bahney, CNN Business Despite rising mortgage rates that dampened sales, home prices continued to climb higher in the second quarter, with…
Continue Reading FTC looking at rules to corral tech firms’ data collection
By MARCY GORDON AP Business Writer WASHINGTON (AP) — Whether it’s the fitness tracker on your wrist, the “smart” home appliances in your…
Continue Reading How major US stock indexes fared Thursday 8/11/2022
The Associated Press An afternoon pullback left stock indexes on Wall Street mixed Thursday, erasing most of their morning gains fueled by another…
Continue Reading Mexico raises key interest rate to 8.5%, highest in 16 years
MEXICO CITY (AP) — Mexico’s central bank has raised its interbank interest rate by 0.75% to 8.5% — the highest level in at least 16 years.…
Continue Reading Disney, Dillard’s rise; Six Flags, Sonos fall
Stocks that traded heavily or had substantial price changes Thursday: Walt Disney Co., up $5.34 to $117.77. The media and entertainment giant added…
Continue Reading Closing prices for crude oil, gold and other commodities
The Associated Press Benchmark U.S. crude oil for September delivery rose $2.41 to $94.34 a barrel Thursday. Brent crude for October delivery rose…
Continue Reading United Airlines puts $10 million behind plan to shuttle customers by electric aircraft
By Jackie Wattles, CNN Business United Airlines gave a $10 million deposit to a startup developing electric aircraft — all for the goal of…
Continue Reading ExpressJet Airlines, formerly under United, files for bankruptcy
CNN, CNNBUSINESS By Jennifer Korn ExpressJet Airlines, which calls itself a “reboot” of the company formerly flying as Delta Connection…
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NM State athletics hosting happy hour to celebrate new partnership with FARMesilla
LAS CRUCES, New Mexico — “Aggie Corner” will be unveiled Thursday at FARMesilla in Mesilla, NM from 4 to 7 p.m., which is being described as a…
Continue Reading Here’s why you still look terrible in virtual reality
CNN, CNNBUSINESS By Rachel Metz, CNN Business Mark Zuckerberg has bet his company’s future on an ambitious long-term vision of people carrying…
Continue Reading Meta testing expanded encryption features amid renewed scrutiny of messaging data
By Clare Duffy, CNN Business Meta on Thursday said it is testing expanded encryption features for Messenger and Instagram, days after the company…
Continue Reading Ruling clouds future of southeast Alaska king salmon fishery
By GENE JOHNSON Associated Press SEATTLE (AP) — A federal court ruling this week has thrown into doubt the future of a valuable commercial salmon…
Continue Reading J&J COVID vaccine factory forced to trash even more doses
WASHINGTON (AP) — Congressional panel leaders say an additional 135 million doses of Johnson & Johnson’s COVID-19 vaccine from a troubled…
Continue Reading Pakistani navy, Belgian tanker rescue 9 from Indian vessel
ISLAMABAD (AP) — A military statement says nine Indian crew members whose vessel sank off the Pakistani port of Gwadar in the Arabian Sea have been…
Continue Reading The US Postal Service is raising rates for the holidays
By Jordan Valinsky, CNN Business For the third year in a row, the United States Postal Service is hiking the prices of its delivery services —…
Continue Reading FTC weighs sweeping new rules on ‘commercial surveillance’ and Big Data
By Brian Fung, CNN The Federal Trade Commission is considering whether to write sweeping new regulations that could restrict how businesses collect…
Continue Reading The streaming wars are over
By Frank Pallotta, CNN Business In November 2019, Disney debuted Disney+, kicking off the so-called streaming wars and prompting companies across the…
Continue Reading Nearly half of all teens say they use the internet ‘almost constantly,’ survey finds
By Jennifer Korn Nearly half of US teens say they use the internet “almost constantly,” according to a new survey released on Wednesday.…
Continue Reading This tried-and-true investing strategy isn’t working
CNN, CNNBUSINESS By Paul R. La Monica, CNN Business If you are getting closer to retirement age…or if you’re just a super conservative…
Continue Reading This tried-and-true investing strategy isn’t working
By Paul R. La Monica, CNN Business If you are getting closer to retirement age…or if you’re just a super conservative investor terrified…
Continue Reading Sweeping climate bill pushes American energy to go green
By SETH BORENSTEIN, MATTHEW DALY and MICHAEL PHILLIS Associated Press WASHINGTON (AP) — After decades of inaction in the face of escalating natural…
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