Heat wave breaks in Southern California with spotty rain
By JULIE WATSON and JOHN ANTCZAK Associated Press SAN DIEGO (AP) — Southern Californians welcomed cooler temperatures and spotty rain Saturday from…
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Politics in air as Biden visits future Intel plant in Ohio
By AAMER MADHANI, JOSH BOAK and ANDREW WELSH-HUGGINS Associated Press NEW ALBANY, Ohio (AP) — President Joe Biden steered clear of partisan…
Continue Reading Trump partner in Truth Social delays key vote on merger
By BERNARD CONDON Associated Press NEW YORK (AP) — A key decision over whether Donald Trump’s social media platform Truth Social will merge with…
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White House is not considering further releases of emergency oil at this time, official says
By Matt Egan, CNN The Biden administration is not debating whether to unleash another round of emergency oil from the national stockpile at this…
Continue Reading Trump SPAC breaks off shareholder meeting until October 10
By Matt Egan, CNN The blank-check firm attempting to bring former President Donald Trump’s media venture public has adjourned its special…
Continue Reading How major US stock indexes fared Thursday 9/8/2022
The Associated Press The stock market recovered from a midday stumble and ended higher, staying on track for its first weekly gain in four weeks. The…
Continue Reading AeroVironment, Asana rise; American Eagle, McCormick fall
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Thursday: AeroVironment, Asana rise; American Eagle, McCormick…
Continue Reading Yellen pushes Biden economic plans in battleground Michigan
By FATIMA HUSSEIN Associated Press WASHINGTON (AP) — Treasury Secretary Janet Yellen has pressed the case for Democratic economic policies during a…
Continue Reading Closing prices for crude oil, gold and other commodities
The Associated Press Benchmark U.S. crude oil for October delivery rose $1.60 to $83.54 a barrel Thursday. Brent crude for November delivery rose…
Continue Reading Oil company settles criminal cases in California spill
By AMY TAXIN and DON THOMPSON Associated Press SANTA ANA, Calif. (AP) — An oil company on Thursday pleaded guilty in federal court to negligently…
Continue Reading NASA eyes two dates in late September for Artemis I launch but several hurdles remain
By Jackie Wattles, CNN Business NASA has two new dates in mind — September 23 or September 27 — for the next attempt at launching its massive new…
Continue Reading FAA will switch Okla. facility to solar power for $4 million
WASHINGTON (AP) — The Federal Aviation Administration is going solar. The FAA said Thursday that it will pay nearly $4 million to install solar…
Continue Reading As deadline looms, railroads say strike would cost $2B a day
By JOSH FUNK AP Business Writer OMAHA, Neb. (AP) — Major freight railroads, in a bid to apply pressure on unions and Congress, say a strike that…
Continue Reading Rivian teams with Mercedes-Benz on electric vans
Associated Press U.S. electric vehicle maker Rivian is partnering with Mercedes-Benz to build a factory in Europe that will produce electric vans for…
Continue Reading As housing market cools, homebuyers regain leverage
By ALEX VEIGA AP Business Writer LOS ANGELES (AP) — Homebuyers are regaining leverage at the negotiating table as the housing market slows, new…
Continue Reading Rivian and Mercedes in talks to start van production in Europe
By Peter Valdes-Dapena, CNN Business Rivian and Mercedes have signed a “memorandum of understanding” to work together on production of…
Continue Reading AMC’s hype machine can’t fix the broken economics of movie theaters
By Paul R. La Monica, CNN Business Movie theater chain AMC is a top pick for meme investors, but the stock hasn’t exactly turned out to be the…
Continue Reading NATO chief warns of hard winter for Ukraine and its backers
By LORNE COOK Associated Press RAMSTEIN AIR BASE, Germany (AP) — NATO Secretary-General Jens Stoltenberg says Ukraine and its supporters face a…
Continue Reading California faces weather threats from fires to floods
By JOHN ANTCZAK Associated Press LOS ANGELES (AP) — Forces are beginning to collide in California as wildfires threaten communities, an epic heat…
Continue Reading European cab drivers protest practices, spread of Uber
BRUSSELS (AP) — Hundreds of cab drivers have clogged traffic in Brussels in an international demonstration against Uber. The hail ride company is…
Continue Reading Taliban: UAE firm to run flight services on Afghan airports
By RAHIM FAIEZ Associated Press ISLAMABAD (AP) — The Taliban and the Abu Dhabi-based firm GAAC Solutions have signed a contract for the Emirati…
Continue Reading Disney believed Twitter had ‘substantial’ numbers of fake accounts when it weighed acquisition in 2016, ex-CEO says
CNN By Brian Fung and Frank Pallotta, CNN Disney’s analysis of Twitter in connection with a potential 2016 acquisition led the entertainment…
Continue Reading Disney believed Twitter had ‘substantial’ numbers of fake accounts when it weighed acquisition in 2016, ex-CEO says
CNN, CNN BUSINESS By Brian Fung and Frank Pallotta, CNN Disney’s analysis of Twitter in connection with a potential 2016 acquisition led the…
Continue Reading Disney believed Twitter had ‘substantial’ numbers of fake accounts when it weighed acquisition in 2016, ex-CEO says
By Brian Fung and Frank Pallotta, CNN Disney’s analysis of Twitter in connection with a potential 2016 acquisition led the entertainment giant…
Continue Reading Powell: Higher rates unlikely to cause deep US recession
By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — The last time the Federal Reserve faced inflation as high as it is now, in the early…
Continue Reading Retailers pull lobster from menus after ‘red list’ warning
By PATRICK WHITTLE Associated Press PORTLAND, Maine (AP) — Some retailers are taking lobster off the menu after an assessment from an influential…
Continue Reading Mortgage rates reach highest level since 2008
By Anna Bahney, CNN Business Mortgage rates reached their highest level since 2008, inching closer to 6% this week, as it became clearer to investors…
Continue Reading ‘We need to act right now’: Fed Chairman Powell vows to continue aggressive inflation fight
Martha C. White for CNN Business At a think tank conference Thursday, Federal Reserve Chairman Jerome Powell reiterated his pledge to stay the course…
Continue Reading Long-term mortgage rates now at highest point since 2008
By MATT OTT AP Business Writer WASHINGTON (AP) — Average long-term U.S. mortgage rates jumped again this week to their highest level in almost 14…
Continue Reading Regulators try to stop unlawful nursing home debt collection
By FATIMA HUSSEIN Associated Press WASHINGTON (AP) — A federal report says nursing homes and debt collectors are flouting a law that prohibits them…
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