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…
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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…
Continue Reading How major US stock indexes fared Tuesday 8/02/2022
The Associated Press U.S. stocks are closing lower as Wall Street’s modest August retreat continued another day. Stocks wavered over the day as…
Continue Reading Airbnb says demand is soaring even amid economic uncertainty
By Sara O’Brien, CNN Business Demand for Airbnb bookings continues to soar even as high gas prices and inflation weigh on consumers and the…
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10 reasons online mental health therapy has grown over the last decade
To gauge the increased popularity of mental health services over the last decade, Top10.com compiled this analysis with research from across the…
Continue Reading Caterpillar, JetBlue fall; Uber, SunPower rise
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Tuesday: Caterpillar, JetBlue fall; Uber, SunPower…
Continue Reading Americans are piling up credit card debt as they struggle to keep up with the high cost of living
CNN, POOL, NYSE By Matt Egan, CNN Business Americans are piling up credit card debt as they struggle to keep up with the high cost of living. US…
Continue Reading Elon Musk’s tech allies miffed about Twitter subpoenas
SAN FRANCISCO (AP) — Elon Musk’s wealthy high tech allies don’t seem too happy about receiving subpoenas from Twitter as part of the…
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Virgin Galactic planning an astronaut campus in New Mexico
SIERRA COUNTY, N.M. (AP) — Aerospace and space travel company Virgin Galactic announced Tuesday that it’s planning to build an astronaut…
Continue Reading Closing prices for crude oil, gold and other commodities
The Associated Press Benchmark U.S. crude oil for September delivery rose 53 cents to $94.42 a barrel Tuesday. Brent crude for October delivery rose…
Continue Reading Private astronaut missions to the ISS will soon require an experienced astronaut chaperone
By Catherine Thorbecke, CNN Business Private astronaut missions to the International Space Station will have to be chaperoned by a former NASA…
Continue Reading Newspaper: Families of Haley, Clyburn got casino shares
The Wall Street Journal reports that the husband of former South Carolina Gov. Nikki Haley and brother of U.S. Rep. Jim Clyburn were given shares of…
Continue Reading Sandy Hook parents testify about the ‘hell’ Alex Jones inflicted on them through lies about the shooting
CNN By Oliver Darcy, CNN Business The parents of a child who was murdered during the 2012 Sandy Hook shooting delivered emotional testimony in a…
Continue Reading Jury finds Alex Jones caused $4 million in damages to two Sandy Hook parents
CNN By Oliver Darcy, CNN Business Right-wing talk show host Alex Jones will have to pay the parents of a Sandy Hook shooting victim a little more…
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