Sale of Warren Buffett portrait can’t match $19M lunch bid
By JOSH FUNK AP Business Writer OMAHA, Neb. (AP) — The auction of a high-tech portrait of Warren Buffett couldn’t come close to matching the…
Continue ReadingBiz/Tech
As rival Twitch dominates the market, Facebook will shutter its standalone Gaming App
By Catherine Thorbecke, CNN Business Facebook announced Tuesday that it is shutting down its standalone Gaming App this fall. The app for video…
Continue Reading Former Westwood College students get federal debt canceled
By COLLIN BINKLEY AP Education Writer WASHINGTON (AP) — Any federal student loans used to attend the for-profit Westwood College from 2002 through…
Continue Reading US asks farmers: Can you plant 2 crops instead of 1?
By SCOTT McFETRIDGE Associated Press DES MOINES, Iowa (AP) — There is only so much farmland in the United States, so when Russia’s invasion of…
Continue Reading The US economy had more job openings than expected in July
By Alicia Wallace, CNN Business US employers aren’t ditching their “help wanted” signs just yet, according to new data released…
Continue Reading Pandemic-era splurging on pets could be over
By Paul R. La Monica, CNN Business Worries about the economy have suddenly put shares of pet supply retailers in Wall Street’s doghouse. Shares…
Continue Reading Job vacancies rose in July, dashing Fed hopes for cooling
By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — The number of open jobs in the United States rose in July after three months of…
Continue Reading Opinion: We have finally gotten some relief at the pump. But it may not last long
Opinion by Patrick De Haan for CNN Business Perspectives Americans have never seen a wilder year when it comes to gas prices, thanks to the…
Continue Reading US consumers more confident in August as gas prices dip
By MATT OTT AP Business Writer WASHINGTON (AP) — Following three straight monthly declines, U.S. consumer confidence rebounded in August as…
Continue Reading Kohl’s and Gap have a surprising plan for this season’s unsold clothing
By Nathaniel Meyersohn, CNN Business Retailers are overstocked on clothing, and some are packing it away in hopes of selling it in future seasons.…
Continue Reading Google becoming FIBA’s 1st women’s-only hoops global partner
By DOUG FEINBERG AP Basketball Writer Google is becoming the first women’s-only basketball global partner with FIBA. The internet company…
Continue Reading On Mexico’s Caribbean coast, mountains of seaweed grow
By MARK STEVENSON Associated Press TULUM, Mexico (AP) — Scraping the smelly sargassum seaweed off some beaches on Mexico’s resort-studded…
Continue Reading Danube drought reveals parts of hidden World War II history
By DUSAN STOJANOVIC Associated Press PRAHOVO, Serbia (AP) — The worst drought in Europe in decades hasn’t only scorched farmland and hampered…
Continue Reading Tesla must allow workers to wear clothing supporting union
by Reuters The National Labor Relations Board said on Monday it was unlawful for Tesla to prohibit employees from wearing shirts bearing union…
Continue Reading Yankees, LeBron James to invest in AC Milan soccer team
By RONALD BLUM and ANDREW DAMPF AP Sports Writers NEW YORK (AP) — The New York Yankees are becoming a minority investor in Italian champion AC…
Continue Reading Russian prosecutors ask for 24-year sentence for ex-reporter
By VLADIMIR ISACHENKOV Associated Press MOSCOW (AP) — Russian prosecutors at the trial of a former journalist asked the court Tuesday to hand him a…
Continue Reading Uber now lets users text with a safety agent to monitor rides
By Sara Ashley O’Brien, CNN Business Uber is giving riders the ability to connect with a safety agent while taking a nerve-wracking trip,…
Continue Reading Consumers are still buying lots of furniture, electronics, home decor and clothing — from each other
By Parija Kavilanz, CNN Business Savvy consumers have found a way around sky-high inflation to keep buying more than just necessities. They’re…
Continue Reading German inflation back at near-half-century record after dip
BERLIN (AP) — Germany’s annual inflation rate rose to 7.9% in August, returning to its highest level in nearly half a century after it dipped in…
Continue Reading Greece: 30 migrants picked up from islet off Crete
By ELENA BECATOROS Associated Press ATHENS, Greece (AP) — Greek authorities say they have picked up a group of 30 people from a wooden boat that…
Continue Reading Best Buy Q2 results fall amid softening demand for gadgets
By ANNE D’INNOCENZIO AP Retail Writer NEW YORK (AP) — Best Buy posted declines in fiscal second-quarter profits and sales as the nation’s…
Continue Reading The pandemic was bad for Britain’s iconic pubs. This could be worse
By Julia Horowitz, CNN Business First it was the coronavirus pandemic that forced pubs to shut their doors and rely on government support to survive…
Continue Reading Musk cites Twitter whistleblower claims as new justifications for backing out of deal
By Brian Fung and Clare Duffy, CNN Business Elon Musk is formally citing allegations leveled by Twitter whistleblower, Peiter “Mudge”…
Continue Reading Rich people are worried about spending. That’s bad news for everyone else
By Nicole Goodkind, CNN Business After a period of angst, Americans appear to be feeling a bit better about the economy. What’s happening: The…
Continue Reading Arizona governor to focus on semiconductors in Taiwan visit
By HUIZHONG WU and JOE McDONALD Associated Press TAIPEI, Taiwan (AP) — Arizona Gov. Doug Ducey arrived in Taiwan on Tuesday for a visit focused on…
Continue Reading Musk cites whistleblower as new reason to exit Twitter deal
By KELVIN CHAN and TOM KRISHER The Associated Press Tesla CEO Elon Musk and Twitter lobbed more accusations at each other Tuesday in the latest round…
Continue Reading Fed Chair Jerome Powell says ‘some pain’ is on the horizon. Here’s what that means
By Alicia Wallace, CNN Business In a blunt speech last Friday, Federal Reserve Chairman Jerome Powell warned that the central bank’s battle…
Continue Reading Millennial Money: Don’t let money ‘rules’ get you down
By KELSEY SHEEHY of NerdWallet Money rules of thumb can be useful guardrails, helping you allocate spending and determine what’s affordable. They…
Continue Reading Germany upbeat on energy security; Baltics count on wind
By FRANK JORDANS, BARBARA SURK and JAN M. OLSEN Associated Press BERLIN (AP) — German Chancellor Olaf Scholz insisted Tuesday that his country was…
Continue Reading Heavy fighting rages in Ukraine’s Russian-occupied south
By PAUL BYRNE Associated Press KYIV, Ukraine (AP) — Ukraine claimed to have destroyed bridges and ammunition depots and pounded command posts in a…
Continue Reading