Google’s parent reports slowest quarterly growth in 2 years
By MICHAEL LIEDTKE AP Technology Writer SAN FRANCISCO (AP) — Google’s revenue growth during the past quarter decelerated to its slowest pace in…
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Google posts major ad sales growth slowdown following pandemic boom
By Clare Duffy, CNN Business Online advertising companies have been warning of a slowdown in ad demand amid high inflation and recession fears, and…
Continue Reading Microsoft says China and Russia hurt its earnings
By Rishi Iyengar, CNN Business Microsoft’s business is taking a hit from events on the other side of the world. The tech giant on Tuesday…
Continue Reading Microsoft blames economic woes for missing profit targets
REDMOND, Wash. (AP) — Microsoft on Tuesday reported fiscal fourth-quarter profit of $16.7 billion, or $2.23 per share, falling short of analyst…
Continue Reading Glossier is coming to Sephora
By Parija Kavilanz, CNN Business Cosmetics company Glossier, which has cultivated a cult-like following among Millennials and Gen Zers, announced…
Continue Reading Instagram has a Kardashian problem: Users revolt against app changes
By Clare Duffy and Jennifer Korn, CNN Business Tati Bruening was once the textbook example of an Instagram user. Since the pandemic, she has been…
Continue Reading Walmart, Shopify fall; 3M, GE rise
Stocks that traded heavily or had substantial price changes Tuesday: Shutterstock Inc., down $4.68 to $54.40. The stock images and video provider…
Continue Reading Korean firm’s $22B investment will mean new US jobs, WH says
By WILL WEISSERT Associated Press WASHINGTON (AP) — South Korea’s SK Group plans to invest $22 billion in the United States on industries…
Continue Reading Buzz Aldrin flight-to-moon jacket sells at auction for $2.8M
NEW YORK (AP) — Buzz Aldrin’s jacket worn on his historic first mission to the moon’s surface in 1969 has been auctioned off to a…
Continue Reading You didn’t win Mega Millions. Here’s when you can go for $1B
DES MOINES, Iowa (AP) — A giant Mega Millions lottery jackpot ballooned to $1.02 billion after no one matched all six numbers Tuesday night and won…
Continue Reading Twitter sets September shareholder vote on Elon Musk buyout
By RANDALL CHASE and BARBARA ORTUTAY AP Business Writer DOVER, Del. (AP) — Twitter has set September 13 as the date for its shareholders to vote on…
Continue Reading Burgum calls for security review of Chinese firm’s project
By JAMES MacPHERSON Associated Press BISMARCK, N.D, (AP) — Gov. Doug Burgum is pressing federal officials to expedite a review of a Chinese…
Continue Reading Meta considers easing its Covid-19 misinformation policy
By Brian Fung, CNN Facebook-parent Meta is weighing whether to relax its policies against Covid-19 misinformation, proposing a shift from removing…
Continue Reading EXPLAINER: How do we know when a recession has begun?
By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — The U.S. economy has contracted for two straight quarters, intensifying fears that the…
Continue Reading Bill to boost semiconductor industry passes key Senate test
By KEVIN FREKING Associated Press WASHINGTON (AP) — The Senate has advanced a $280 billion bill designed to boost the U.S. semiconductor industry…
Continue Reading As the online pandemic boom fades, Shopify cuts 1,000 jobs
By ANNE D’INNOCENZIO AP Retail Writer NEW YORK (AP) — Shopify is cutting 10% of its staff, or about 1,000 employees, as the e-commerce…
Continue Reading Savannah port breaks cargo records amid import surge
By RUSS BYNUM Associated Press SAVANNAH, Ga. (AP) — The Port of Savannah saw record-breaking cargo volumes this past fiscal year amid a surge in…
Continue Reading Energy Dept. backs $2.5B loan to GM venture for EV batteries
By MATTHEW DALY Associated Press WASHINGTON (AP) — A joint venture between General Motors and South Korean battery company LG Energy Solution is…
Continue Reading Amazon to raise Prime fees in Europe, cites rising costs
Associated Press Amazon is raising its Prime fees in Europe, the company told customers on Tuesday, days ahead of its second quarter earnings report.…
Continue Reading Next sign of the market apocalypse: Single-stock ETFs
By Paul R. La Monica, CNN Business The Wall Street gambling parlor is still alive and well. Asset management firm AXS Investments recently launched…
Continue Reading Russia says it will quit the International Space Station after 2024
By Uliana Pavlova and Kristin Fisher, CNN Russia says it is planning to pull out of the International Space Station and end its decades-long…
Continue Reading Russia taking over ownership stakes in Arctic oil field
MOSCOW (AP) — Russia has announced it is acquiring the stock in an Arctic oil field now held by French and Norwegian companies. The Russian…
Continue Reading Sorrow in Choco Taco town after summer treat is discontinued
By MICHELLE CHAPMAN and DEE-ANN DURBIN AP Business Writers A tech millionaire offered to buy it. A U.S. senator suggested that the government should…
Continue Reading Shopify to cut 10% of staff after making ‘wrong’ bet about pandemic online shopping boom
By Catherine Thorbecke, CNN Business Shopify will lay off approximately 10% of its global staff after making the “wrong” bet on how long…
Continue Reading Spain passes bill to help legalize foreign workers
By RAQUEL REDONDO Associated Press MADRID (AP) — Spain is easing requirements for foreign laborers to obtain work permits in an effort to bring…
Continue Reading Volkswagen starts US electric vehicle assembly in Tennessee
CHATTANOOGA, Tenn. (AP) — Volkswagen has begun production of its first electric vehicle assembled in the United States at a Tennessee plant. The…
Continue Reading Biden fights talk of recession as key economic report looms
By JOSH BOAK Associated Press President Joe Biden wants to convince a skeptical public that the U.S. is not, in fact, heading into a recession.…
Continue Reading Consumers confidence slides for third straight month in July
By MATT OTT AP Business Writer WASHINGTON (AP) — U.S. consumer confidence slid again in July as concerns about higher prices for food and gas…
Continue Reading US economy sending mixed signals: Here’s what it all means
By PAUL WISEMAN AP Economics Writer WASHINGTON (AP) — The U.S. economy is caught in an awkward, painful place. A confusing one, too. Growth appears…
Continue Reading Millennial Money: Can job-hopping help retirement savings?
By ELIZABETH AYOOLA NerdWallet Millennials are known for changing jobs often, but how does that affect their retirement savings? That depends on…
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