Biden to attend groundbreaking of Intel’s $20B Ohio plants
By ANDREW WELSH-HUGGINS Associated Press COLUMBUS, Ohio (AP) — Intel Corp. has set a Sept. 9 groundbreaking date for its $20 billion Ohio operation…
Continue ReadingBiz/Tech
Facebook parent culls large Proud Boys network from sites
MENLO PARK, Calif. (AP) — Facebook parent Meta says it has removed a network of accounts linked to the Proud Boys, a far-right extremist group it…
Continue Reading
Tesla ‘full self-driving’ debate escalates with legal threats, banned videos
CNN By Matt McFarland, CNN Business This month, Tesla fans rushed to defend the automaker after a prominent critic released a video showing one of…
Continue Reading Tesla ‘full self-driving’ debate escalates with legal threats, banned videos
By Matt McFarland, CNN Business This month, Tesla fans rushed to defend the automaker after a prominent critic released a video showing one of the…
Continue Reading How major US stock indexes fared Thursday 8/25/2022
The Associated Press Stocks are closing higher on Wall Street, clawing back more of their recent losses, as the countdown clicks closer to zero for a…
Continue Reading Teladoc, NetApp rise; Salesforce, Dollar Tree fall
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Thursday: Teladoc, NetApp rise; Salesforce, Dollar Tree…
Continue Reading 24 states get $560M for high-priority cleanup of wells
By JANET McCONNAUGHEY Associated Press NEW ORLEANS (AP) — The Interior Department is giving 24 states a total of $560 million to start cleaning…
Continue Reading Closing prices for crude oil, gold and other commodities
The Associated Press Benchmark U.S. crude oil for October delivery fell $2.37 to $92.52 a barrel Thursday. Brent crude for October delivery fell…
Continue Reading Climate change alters life at Fed’s Jackson Hole conference
By CHRISTOPHER RUGABER AP Economics Writer JACKSON HOLE, Wyoming (AP) — When officials of the Federal Reserve Bank of Kansas City sought a location…
Continue Reading Average US long-term mortgage rates rise; 30-year at 5.55%
WASHINGTON (AP) — Average long-term U.S. mortgage rates rose this week as inflation worries remained at the fore and the slowdown in economic…
Continue Reading Oil spill settlement reached with California businesses
SANTA ANA, Calif. (AP) — A pipeline operator says it has reached a settlement with Southern California tourism companies, fishermen and other…
Continue Reading Long-term victims of car crashes win key Michigan decision
By ED WHITE Associated Press DETROIT (AP) — The Michigan appeals court has issued a major ruling affecting long-term victims of car crashes. The…
Continue Reading Labor board accuses Starbucks of pay disparity
By DEE-ANN DURBIN AP Business Writer The National Labor Relations Board says Starbucks is violating U.S. labor law by withholding pay hikes and other…
Continue Reading Paul Newman’s daughters are suing the Newman Foundation
By Danielle Wiener-Bronner, CNN Business Two of Paul Newman’s daughters have filed a lawsuit against the Newman’s Own Foundation,…
Continue Reading Even dollar stores are starting to feel the pinch from inflation
By Paul R. La Monica, CNN Business Dollar stores, as their name suggests, offer inexpensive products for bargain-hungry shoppers. But even Dollar…
Continue Reading Amazon is shuttering its telehealth service
By Catherine Thorbecke, CNN Business Amazon on Wednesday said it is shuttering its telehealth service, Amazon Care, as the company rethinks its…
Continue Reading FedEx partners threaten to halt holiday deliveries
By Chris Isidore, CNN Business People hoping to get their holiday shopping delivered on time could be caught in the middle of a growing battle…
Continue Reading Inflation is driving Americans to bargain chain stores
By ANNE D’INNOCENZIO AP Retail Writer NEW YORK (AP) — Dollar Tree and Dollar General have reported higher second-quarter as four-decade high…
Continue Reading With no buyers, Citigroup to wind down operations in Russia
By KEN SWEET AP Business Writer NEW YORK (AP) — Citigroup will wind down its consumer banking and commercial lending operations in Russia after…
Continue Reading Layoffs. Losses. Plunging share prices. These pandemic winners are now struggling
CNN, CNN BUSINESS By Chris Isidore, CNN Business Few companies flourished more amid the pandemic’s economic upheaval than Peloton. With people…
Continue Reading Peloton had another dismal quarter
By Jordan Valinsky, CNN Business Peloton’s rough road to recovery continues. The fitness company’s quarterly revenue came in below Wall…
Continue Reading
Party City to hire 20,000 workers
ROCKAWAY, New Jersey — This holiday season, celebrations could return to pre-pandemic levels. Retailers are getting ready for the holiday rush.…
Continue Reading Mortgage rates climb again, jumping to more than 5.5%
By Anna Bahney, CNN Business Mortgage rates jumped higher this week as investors tried to make sense of data that gave mixed signals about the health…
Continue Reading Mortgage rates climb again, jumping to more than 5.5%
CNN, CNN BUSINESS By Anna Bahney, CNN Business Mortgage rates jumped higher this week as investors tried to make sense of data that gave mixed…
Continue Reading Fall books a broad mix of literary and commercial favorites
By HILLEL ITALIE AP National Writer NEW YORK (AP) — Anticipation for one of the fall’s likeliest bestsellers has been growing all year. For…
Continue Reading Long Covid is keeping as many as 4 million Americans out of work
By Matt Egan, CNN Business The pandemic continues to cast a shadow over the workforce. Long Covid, a combination of symptoms that emerge months or…
Continue Reading Wild week for Peloton shares as earlier gains erased
Associated Press NEW YORK (AP) — Peloton shares are on a wild ride this week, running up 20% Wednesday on a new partnership with Amazon only to…
Continue Reading Food commodity prices slim down over the summer
By DAMIAN J. TROISE AP Business Writer The price of wheat, corn and other commodities that make up the basis for much of the world’s food supply…
Continue Reading Fall books a broad mix of literary and commercial favorites
By HILLEL ITALIE AP National Writer NEW YORK (AP) — Anticipation for one of the fall’s likeliest bestsellers has been growing all year. For…
Continue Reading Government revision shows economy shrank 0.6% last quarter
By PAUL WISEMAN AP Economics Writer WASHINGTON (AP) — The U.S. economy shrank at a 0.6% annual rate from April through June, the government said in…
Continue Reading