Johnson & Johnson will stop selling talc-based baby powder around the world in 2023
By Jordan Valinsky, CNN Business Johnson & Johnson is abandoning talc-based baby powder next year and instead will make it with cornstarch. Its…
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Rate hikes and recession are still in the cards
By Nicole Goodkind, CNN Business There appears to be some confusion about the trajectory of prices in the US. That’s partially because…
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Three Chinese corporate giants leaving NY stock exchange
By JOE McDONALD AP Business Writer BEIJING (AP) — Three state-owned Chinese corporate giants say they will remove their shares from the New York…
Continue Reading Amsterdam’s Schiphol compensating air travelers hit by chaos
THE HAGUE, Netherlands (AP) — Amsterdam’s Schiphol Airport has launched a compensation program for travelers who missed their flights because of…
Continue Reading ‘Moon Man’ is just what China’s box office needs after months of lockdowns
By Laura He, CNN Business A Chinese sci-fi comedy about an astronaut stranded on the moon has shattered summer box office records in China, providing…
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Argentina hikes interest rates to 69.5% as inflation hits 20-year high
By Reuters Argentina’s central bank raised its benchmark interest rate by 950 basis points on Thursday as the country struggles to keep a lid…
Continue Reading Ship reaches Ukraine to load up with wheat for hungry Africa
By SUSIE BLANN Associated Press KYIV, Ukraine (AP) — A ship docked in a Ukrainian Black Sea port on Friday to begin loading up with wheat for…
Continue Reading South Korea pardons Samsung’s Jay Y Lee in bid to revive the economy
CNN, CNN BUSINESS By Yoonjung Seo and Gawon Bae, CNN Business The de facto leader of Samsung, Lee Jae-yong, was pardoned by South Korea’s…
Continue Reading South Korea pardons Samsung’s Jay Y Lee in bid to revive the economy
By Yoonjung Seo and Gawon Bae, CNN Business The de facto leader of Samsung, Lee Jae-yong, was pardoned by South Korea’s president on Friday for…
Continue Reading UK economy shrinks in 2nd quarter, sharpening recession fear
LONDON (AP) — The United Kingdom’s economy shrank in the three months to June. It’s a smaller-than-expected contraction but adds to…
Continue Reading German ex-leader Schroeder sues to restore official perks
BERLIN (AP) — Former German leader Gerhard Schroeder is suing to restore the perks he enjoyed as ex-chancellor after he was stripped of them by…
Continue Reading China’s Huawei says sales down but new ventures growing
By JOE McDONALD AP Business Writer BEIJING (AP) — Chinese tech giant Huawei says its revenue fell in the first half of 2022 but new ventures in…
Continue Reading Slow tallies in close Kenya presidential vote feed anxiety
By CARA ANNA Associated Press NAIROBI, Kenya (AP) — The head of Kenya’s electoral commission says vote-tallying in the country’s close…
Continue Reading Wall Street extends winning streak to 4th week
By DAMIAN J. TROISE and ALEX VEIGA AP Business Writers Wall Street capped a choppy week of trading with a broad stock market rally Friday, as the…
Continue Reading Dairy farm in Ukraine’s Donbas region struggles to survive
By JUSTIN SPIKE Associated Press DMYTRIVKA, Ukraine (AP) — One of the last working dairy farms on Ukrainian-controlled territory in the eastern…
Continue Reading European drought dries up rivers, kills fish, shrivels crops
By SYLVIE CORBET and NICOLAS GARRIGA Associated Press LUX, France (AP) — Once, a river ran through it. Now, white dust and thousands of dead fish…
Continue Reading In Biden’s big bill: Climate, health care, deficit reduction
By LISA MASCARO AP Congressional Correspondent WASHINGTON (AP) — The biggest investment ever in the U.S. to fight climate change. A hard-fought cap…
Continue Reading California governor proposes extending nuclear plant’s life
By MICHAEL R. BLOOD Associated Press LOS ANGELES (AP) — California Gov. Gavin Newsom on Friday proposed extending the life of the state’s last…
Continue Reading South Korea to pardon Samsung’s Lee, other corporate giants
By KIM TONG-HYUNG Associated Press SEOUL, South Korea (AP) — Samsung’s de-facto leader secured a pardon Friday of his conviction for bribing…
Continue Reading Cops: Oregon crime ring moved $22M in catalytic converters
PORTLAND, Ore. (AP) — Police in suburban Portland, Oregon, said Thursday they arrested a crime ring leader responsible for trafficking more than…
Continue Reading New Zealand welcomes back first cruise ship since COVID hit
By NICK PERRY Associated Press WELLINGTON, New Zealand (AP) — New Zealand has welcomed the first cruise ship to return since the coronavirus…
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Man, teenager charged with string of west El Paso business burglaries
EL PASO, Texas — Two males in custody for an unrelated offense were matched to surveillance photo images related to a string of burglaries in west…
Continue Reading OSHA investigates deaths of Amazon workers in New Jersey
By HALELUYA HADERO AP Business Writer Federal work-safety investigators are looking into the death of an Amazon worker and an injury that potentially…
Continue Reading Rivian losses surge to $1.7 billion as production ramps up
By Matt McFarland, CNN Business Rivian said Thursday that it lost $1.7 billion in the second quarter of 2022 as it works to ramp up its vehicle…
Continue Reading Explainer: Why gas prices are falling
By The Associated Press U.S. consumers are breathing a bit easier now that gasoline prices have come down from record levels, but pump prices are…
Continue Reading Clinton initiative’s NYC return includes Andres, Queen Rania
By GLENN GAMBOA AP Business Writer NEW YORK (AP) — World Central Kitchen founder Jose Andres, Jordan’s Queen Rania, BlackRock CEO Larry Fink and…
Continue Reading Shell and Chevron shut Gulf of Mexico oil platforms after small leak halts pipelines
by Matt Egan, CNN Shell and Chevron both said on Thursday that the companies halted oil production at several platforms in the Gulf of Mexico…
Continue Reading Home prices hit a new record high in the second quarter
By Anna Bahney, CNN Business Despite rising mortgage rates that dampened sales, home prices continued to climb higher in the second quarter, with…
Continue Reading FTC looking at rules to corral tech firms’ data collection
By MARCY GORDON AP Business Writer WASHINGTON (AP) — Whether it’s the fitness tracker on your wrist, the “smart” home appliances in your…
Continue Reading How major US stock indexes fared Thursday 8/11/2022
The Associated Press An afternoon pullback left stock indexes on Wall Street mixed Thursday, erasing most of their morning gains fueled by another…
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