Gas prices have fallen. Here’s why inflation hasn’t
Martha C. White Gas prices have been trending downward for more than 50 consecutive days, giving drivers some much-needed financial relief at the…
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Gas prices have fallen. Here’s why inflation hasn’t
CNN Martha C. White Gas prices have been trending downward for more than 50 consecutive days, giving drivers some much-needed financial relief at the…
Continue Reading Toyota is offering to buy back an electric SUV because its wheels could fall off
By Peter Valdes-Dapena, CNN Business In June, Toyota issued a warning to owners of its BZ4X electric SUV that they should stop driving the vehicle…
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Petition drive seeks voter approval requirement for UMC’s $345 million bond issue
A group of El Pasoans has begun a petition drive to force University Medical Center to allow voters to decide whether the county-owned hospital can…
Continue Reading The meme stock craze is back: AMC, GameStop and Bed Bath & Beyond soar
By Paul R. La Monica, CNN Business Meme mania has returned to the stock market with a vengeance. Shares of movie theater chain AMC, video game…
Continue Reading Mike Tyson slams Hulu’s new series about him: ‘They stole my life story’
By Frank Pallotta, CNN Business Mike Tyson is not happy about Hulu’s new scripted limited series about his life. The former heavyweight…
Continue Reading Landmark climate and health care bill won’t crush corporate profits, Goldman Sachs says
By Matt Egan, CNN Business Even as some business groups cry foul over the tax provisions in the Inflation Reduction Act, economists at Goldman Sachs…
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Axios Media purchased by Cox Enterprises
Associated Press NEW YORK (AP) — It’s an old and new media marriage: Axios Media, the digital news site known for its to-the-point blurbs on…
Continue Reading Warren Buffett’s company lost $44 billion last quarter, but it’s not really bad news
By Paul R. La Monica, CNN Business Warren Buffett is just like the rest of us. He got crushed by the plunge in the stock market during the first half…
Continue Reading Legal trouble delays Trump SPAC deal as buyer seeks more time to complete merger
By Matt Egan, CNN Business After facing a series of regulatory obstacles, the shell company attempting to take over former President Donald…
Continue Reading American Airlines CFO on fixing balance sheet after pandemic
By DAVID KOENIG AP Airlines Writer FORT WORTH, Texas (AP) — Derek Kerr might have the hardest job in the airline business. Kerr is the chief…
Continue Reading Pope encourages Cuban search crews after Matanzas blaze
ROME (AP) — Pope Francis is offering support to firefighters and search crews in Cuba following explosions at a big oil tank farm in the western…
Continue Reading BioNTech reports strong first half, expects demand to grow
BERLIN (AP) — BioNTech, which teamed with Pfizer to develop a powerful COVID-19 vaccine, has reported higher revenue and net profit in the first…
Continue Reading Opinion: The housing market is slowing down, but homes aren’t getting cheaper anytime soon
Opinion by Orphe Divounguy for CNN Business Perspectives Rising home prices and mortgage rates have made it next to impossible for many Americans to…
Continue Reading Scholz party rejects bid to expel German ex-leader Schroeder
BERLIN (AP) — Local officials with German Chancellor Olaf Scholz’s party rejected a bid to expel former Chancellor Gerhard Schroeder over his…
Continue Reading Liz Weston: 3 ways to fight inflation and win the long game
By LIZ WESTON of NerdWallet Sometimes the best strategies to deal with inflation align with the best ways to manage your money. For example, delaying…
Continue Reading Pfizer buying spree continues with $5.4B hematology deal
By TOM MURPHY and MICHELLE CHAPMAN Associated Press Pfizer will spend about $5.4 billion to buy Global Blood Therapeutics as the pharmaceutical giant…
Continue Reading Airline asked its senior executives to temporarily help as airport baggage handlers
By Anna Cooban, CNN Business Australian airline Qantas has asked its senior executives to help out as airport baggage handlers as it struggles to…
Continue Reading Airline asked its senior executives to temporarily help as airport baggage handlers
CNN, CNN BUSINESS By Anna Cooban, CNN Business Australian airline Qantas has asked its senior executives to help out as airport baggage handlers as…
Continue Reading Today marks an important day for diversity on Wall Street. Here’s why
By Nicole Goodkind, CNN Business Wall Street is taking the call to increase corporate diversity seriously. At last. For the first time ever, every…
Continue Reading Hungary fines Ryanair over raising prices to cope with tax
BUDAPEST, Hungary (AP) — Hungary has accused Ryanair of consumer protection violations after it raised ticket prices to cope with a tax on what the…
Continue Reading More than 500 US flights canceled and more than 2,000 delayed on Monday
By Chuck Johnston, CNN Business Following a miserable weekend for travel, Monday isn’t looking much better. Another wave of airline…
Continue Reading Nonprofits launch $100M plan to support local health workers
By THALIA BEATY Associated Press A new philanthropic project hopes to invest $100 million in up to 10 countries mostly in Africa by 2030 to support…
Continue Reading Russia, Ukraine trade accusations over nuclear plant attacks
By SUSIE BLANN Associated Press KYIV, Ukraine (AP) — Russia and Ukraine traded accusations Monday that each side is shelling Europe’s biggest…
Continue Reading China posts record $101 billion trade surplus but export boom could fade
By Laura He, CNN Business China’s export sector delivered robust growth in July, providing much-need support for the world’s second…
Continue Reading Japan tech giant SoftBank posts $23 billion quarterly loss
By YURI KAGEYAMA AP Business Writer TOKYO (AP) — Japanese technology company SoftBank Group posted a $23 billion loss in the April-June quarter as…
Continue Reading Thai pub owner charged in connection with deadly blaze
BANGKOK (AP) — The owner of a music pub in eastern Thailand where a fire last week killed 15 people and injured more than three dozen others has…
Continue Reading Productivity, consumer prices, Cardinal Health earns
The Associated Press The Labor Department issues its second-quarter snapshot of U.S. employee productivity Tuesday and its latest monthly index of…
Continue Reading Water crisis looms for eastern Ukrainian city of Sloviansk
By JUSTIN SPIKE Associated Press SLOVIANSK, Ukraine (AP) — The echo of artillery shells thundering in the distance mingles with the din of people…
Continue Reading Asian shares mostly decline on global technology downturn
By YURI KAGEYAMA AP Business Writer TOKYO (AP) — Asian shares mostly declined Tuesday amid a global fall in technology shares, including…
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