The buyback bogeyman is back. How worried should we be?
By Nicole Goodkind, CNN Business Americans may be wondering why they’re forced to spend more than $4 per gallon at the pump while energy…
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Atlantic City’s Joe Lupo to run Mirage casino for Hard Rock
By WAYNE PARRY Associated Press ATLANTIC CITY, N.J. (AP) — Joe Lupo, who has helped two of Atlantic City’s most successful casinos thrive through…
Continue Reading Pelosi’s Taiwan trip is another knock to China’s yuan
By Julia Horowitz, CNN Business China’s yuan has fared better than many other major currencies this year. It’s shed 6.5% against the US…
Continue Reading Dolly Parton among Carnegie Medal of Philanthropy winners
By GLENN GAMBOA AP Business Writer NEW YORK (AP) — Country superstar Dolly Parton, who made a big donation to help fund coronavirus vaccine…
Continue Reading How to save on school supplies by tapping your community
By LAURA MCMULLEN of NerdWallet Back-to-school shopping is extra expensive this year, due to inflation. But coordinating with people in your…
Continue Reading Growing prescriptions help push CVS past Q2 expectations
By TOM MURPHY AP Health Writer CVS Health thumped second-quarter expectations and hiked its full-year forecast as growing prescription claims helped…
Continue Reading How a little-known stock soared 21,000% to overtake Costco
By Michelle Toh, CNN Business The Reddit retail army is back. A little-known Hong Kong-based company appears to have become the latest obsession of…
Continue Reading French lawmakers OK $20.3 billion to help with rising prices
By SYLVIE CORBET The Associated Press SAULIEU, France (AP) — French lawmakers have approved a 20 billion-euro ($20.3-billion) package of measures…
Continue Reading Edmunds: 5 vehicles that are easy on the wallet
By MILES BRANMAN Edmunds Cars keep getting bigger and more expensive, but are there any small, affordable new cars left? As Americans continue to…
Continue Reading Inflation in Turkey rises to nearly 80%, hitting consumers
ISTANBUL (AP) — Annual inflation in Turkey soared to nearly 80% in July. The Turkish Statistical Institute said Wednesday that consumer prices rose…
Continue Reading Inflation weighs on back-to-school buying for many families
By ANNE D’INNOCENZIO and CLAIRE SAVAGE NEW YORK (AP) — To understand the impact of surging inflation on this year’s back-to-school…
Continue Reading German leader says gas pipeline part is ready for Russia
By GEIR MOULSON Associated Press BERLIN (AP) — German Chancellor Olaf Scholz has inspected a turbine at the center of a natural gas dispute and…
Continue Reading OPEC+ boosts oil output by slower pace than previous months
By CATHY BUSSEWITZ AP Energy Writer The OPEC oil cartel and its allies have decided to boost production in September by a much slower pace than in…
Continue Reading China hits Taiwan with trade restrictions after Pelosi visit
By Laura He and CNN’s Beijing Bureau, CNN Business China has suspended some trade with Taiwan in apparent retribution for a visit by the US…
Continue Reading China hits Taiwan with trade restrictions after Pelosi visit
CNN By Laura He and CNN’s Beijing Bureau, CNN Business China has suspended some trade with Taiwan in apparent retribution for a visit by the US…
Continue Reading Nintendo’s profit rises despite shortages of computer chips
By YURI KAGEYAMA AP Business Writer TOKYO (AP) — Nintendo’s profit in the April-June quarter rose 28% from a year earlier on healthy demand for…
Continue Reading Sri Lanka leader proposes 25-year plan for crisis-hit nation
By KRISHAN FRANCIS Associated Press COLOMBO, Sri Lanka (AP) — Sri Lanka’s new president says his government is preparing a national policy…
Continue Reading China blocks some Taiwan imports but avoids chip disruptions
By JOE McDONALD AP Business Writer BEIJING (AP) — China blocked imports of citrus, fish and other foods from Taiwan in retaliation for a visit by a…
Continue Reading Inspectors OK 1st Ukraine grain ship but no sign yet of more
By ZEYNEP BILGINSOY Associated Press ISTANBUL (AP) — The first grain ship to leave Ukraine and cross the Black Sea under a wartime deal passed…
Continue Reading Cold showers, no lights: Europe saves as Russian gas wanes
By JOHN LEICESTER and NICOLAS GARRIGA Associated Press PARIS (AP) — Fanning out like urban guerrillas through Paris’ darkened streets well…
Continue Reading Asian shares rise on optimism on economic data, earnings
By YURI KAGEYAMA AP Business Writer TOKYO (AP) — Asian shares mostly rose Thursday as investors welcomed encouraging economic data and quarterly…
Continue Reading S. Korean garlic video ad roasted over purported obscenity
By HYUNG-JIN KIM Associated Press SEOUL, South Korea (AP) — A rural South Korean town is getting roasted over its video ad on garlic that some…
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What is inside the climate charter petition and why is it not being placed on the November ballot?
EL PASO, Texas — City council agreed to postpone a charter election in November that would have allowed El Paso voters to decide whether or not to…
Continue Reading Robinhood to cut 23% of its workforce, revenue sinks 44%
By Alicia Wallace, CNN Business Just months after cutting 9% of its workforce, Robinhood on Tuesday announced plans to lay off another 23%. The…
Continue Reading Robinhood cuts 23% of its workforce as fewer users trade
NEW YORK (AP) — Robinhood Markets is cutting about 23% of its workforce because fewer users are trading on its app amid the tumult hammering stock…
Continue Reading Rent-A-Center settles alleged California overpricing dispute
By DON THOMPSON Associated Press SACRAMENTO, Calif. (AP) — Officials say one of the nation’s largest rent-to-own companies will pay $15.5 million…
Continue Reading Number of uninsured Americans drops to record low
By AMANDA SEITZ Associated Press Washington (AP) — The number of people living in America without health insurance coverage hit an all-time low of…
Continue Reading Starbucks sales falter in China because of Covid restrictions
By Danielle Wiener-Bronner, CNN Business Starbucks sales took a plunge in China due to the country’s strict Covid-19 restrictions. In the three…
Continue Reading Starbucks reports record revenue on frothy US demand
By DEE-ANN DURBIN AP Business Writer Starbucks reported record revenue in the April-June period, as strong U.S. demand made up for COVID shutdowns in…
Continue Reading Airbnb posts 2Q profit of $379 million on record bookings
By DAVID KOENIG AP Business Writer Airbnb is reporting a profit of $379 million for the second quarter, and it says bookings were a record. The…
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