China criticizes US chip law as threat to trade
BEIJING (AP) — China is criticizing a U.S. law to encourage processor chip production in the United States and reduce reliance on Asian suppliers…
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Donald Trump ‘took the Fifth.’ What does it actually mean?
By JENNIFER PELTZ Associated Press NEW YORK (AP) — Former President Donald Trump showed up Wednesday for questioning under oath in New York’s…
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Coke’s latest bizarre flavor is here
By Danielle Wiener-Bronner, CNN Business Coca-Cola’s latest experimental, limited-time flavor is here. It’s called … wait for it…
Continue Reading Warby Parker is slashing jobs as inflation takes a toll on fashion
By Parija Kavilanz, CNN Business Trendy eyewear brand Warby Parker is the latest in a string of retailers struggling to stay the course as a wobbly…
Continue Reading Russians buy last goods from H&M, IKEA as stores wind down
MOSCOW (AP) — Russians are snapping up Western fashion and furniture this week as H&M and IKEA sell off the last of their inventory in Russia,…
Continue Reading Elon Musk sells $7B in Tesla shares ahead of Twitter fight
By MICHELLE CHAPMAN AP Business Writer Elon Musk has sold nearly $7 billion worth of shares in Tesla as the billionaire gets his finances in order…
Continue Reading What Medicare Part A’s belly-up date means for you
KATE ASHFORD of NerdWallet At its current pace, Medicare’s Hospital Insurance trust fund will run out of money in 2028, according to the latest…
Continue Reading Crypto is making a comeback
By Paul R. La Monica, CNN Business Is the crypto winter finally over? (And in the scorching heat of summer no less?) Bitcoin prices have stabilized…
Continue Reading Edmunds: How to mitigate or avoid dealer markups
By RONALD MONTOYA Edmunds As if buying a new car in today’s supply-constrained market wasn’t hard enough, this year, many shoppers are…
Continue Reading Halted shipments of Russian oil resume to Slovakia
By KAREL JANICEK Associated Press PRAGUE (AP) — Slovakia’s economy minister says oil shipments from Russia through a critical pipeline to…
Continue Reading Security firm finds flaws in Indian online insurance broker
By KRUTIKA PATHI, SHEIKH SAALIQ and FRANK BAJAK Associated Press NEW DELHI (AP) — A cybersecurity startup informed a major Indian online insurance…
Continue Reading German FinMin pitches $10B tax cuts to ease inflation pain
BERLIN (AP) — Germany’s finance minister says the government plans to make tax cuts worth more than 10 billion euros ($10.2 billion) to benefit…
Continue Reading Inflation rises in Denmark, Norway, hitting food costs hard
COPENHAGEN, Denmark (AP) — Annual inflation in Denmark came at 8.7% last month — rising at the fastest pace since 1983 — while the figure in…
Continue Reading Japan’s Toshiba boosts profit on devices, auto sector demand
By YURI KAGEYAMA AP Business Writer TOKYO (AP) — Toshiba has reported a 44% improvement in profit in the last quarter as the Japanese technology…
Continue Reading Japan’s Honda sees declining profits on semiconductor crunch
By YURI KAGEYAMA AP Business Writer TOKYO (AP) — The semiconductor shortage is hitting another of the world’s automakers, despite demand for…
Continue Reading US gaming software developer Unity wants to supercharge its growth in China
By Laura He, CNN Business US gaming software developer Unity is partnering with some of the biggest names in China tech to establish a billion-dollar…
Continue Reading Cathay Pacific losses narrow as COVID-19 restrictions ease
HONG KONG (AP) — Hong Kong airline Cathay Pacific Airways says losses in the first half of the year narrowed as a relaxation in quarantine rules…
Continue Reading Chinese envoy tells Australia to show ‘caution’ over Taiwan
By ROD McGUIRK Associated Press CANBERRA, Australia (AP) — A Chinese envoy says Australia’s recent change of government is a chance to…
Continue Reading Asian shares track Wall Street gains on cooling inflation
By ELAINE KURTENBACH AP Business Writer BANGKOK (AP) — Shares advanced Thursday in Asia after benchmarks closed at three-month highs on Wall Street…
Continue Reading Trump says he took the Fifth in New York civil investigation
By MICHAEL BALSAMO, MICHAEL R. SISAK and MICHELLE L. PRICE Associated Press NEW YORK (AP) — Former President Donald Trump invoked his Fifth…
Continue Reading Serena’s Choice: Williams’ tough call resonates with women
By JOCELYN NOVECK AP National Writer NEW YORK (AP) — Serena Williams said it plainly: It isn’t really fair. A male athlete would never have to…
Continue Reading Elon Musk sells nearly 8 million Tesla shares
By Chris Isidore, CNN Business Tesla CEO Elon Musk sold 7.9 million shares of Tesla in recent days, raising $6.9 billion with the sales. The sales…
Continue Reading Japan PM purges Cabinet after support falls over church ties
By MARI YAMAGUCHI Associated Press TOKYO (AP) — Japanese Prime Minister Fumio Kishida has reshuffled his Cabinet in a bid to distance his…
Continue Reading Fox boss Lachlan Murdoch privately levels harsh criticism against Trump, sources say
By Oliver Darcy, CNN Business A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free…
Continue Reading Lawmakers in India pass energy conservation bill
By SIBI ARASU Associated Press BENGALURU, India (AP) — The Indian government took another step toward its climate goals by passing a conservation…
Continue Reading China’s youth face bleak job market as COVID slows economy
BEIJING (AP) — China’s 11 million university graduates are struggling in a bleak job market as repeated shutdowns under China’s “zero-COVID…
Continue Reading Former Twitter worker convicted of spying for Saudi Arabia
By BARBARA ORTUTAY and MATT O’BRIEN AP Technology Reporters SAN FRANCISCO (AP) — A former Twitter employee has been convicted of spying for…
Continue Reading USPS to request rate increase due to inflation, DeJoy says
WASHINGTON (AP) — Postmaster General Louis DeJoy says inflation is going to necessitate another rate increase in January. But he said Tuesday that…
Continue Reading Ford just raised the price of its electric F-150 by up to $8,500
By Peter Valdes-Dapena, CNN Business Ford on Thursday will once again begin taking orders for its popular F-150 Lightning electric pickup truck. But…
Continue Reading How major US stock indexes fared Tuesday 8/09/2022
The Associated Press Stocks are closing lower on Wall Street as disappointing earnings reports weighed on technology and travel companies. The…
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