Insurance magnate out of prison after convictions overturned
RALEIGH, N.C. (AP) — A North Carolina-based insurance magnate whose convictions on corruption-related counts were overturned by a federal appeals…
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Staten Island ferry cuts service due to uptick of Covid-19 cases among staff members
By Vanessa Yurkevich, CNN The Staten Island ferry, known for getting residents and commuters to and from Lower Manhattan to Staten Island in 25…
Continue Reading Democrats plan new legislation to establish net neutrality rules
By Brian Fung, CNN Business Two Democratic senators are planning to reopen a high-stakes battle over internet access in the coming weeks, with a bill…
Continue Reading KFC just rolled out a new menu item to attract a younger crowd
By Danielle Wiener-Bronner, CNN Business KFC is trying out a new type of chicken nugget in an effort to attract younger consumers. Starting Monday,…
Continue Reading GM CEO Barra says headquarters to stay in downtown Detroit
By TOM KRISHER AP Auto Writer NEW YORK (AP) — General Motors will keep its headquarters in its seven-building office tower complex in downtown…
Continue Reading Starbucks is reportedly considering selling its UK business
By Danielle Wiener-Bronner, CNN Business As prices surge and the UK economy struggles more than most of its peers, Starbucks is reportedly looking…
Continue Reading France is facing a looming energy crisis. Here’s how the UAE could help as its president touches down in Paris
By Eoin McSweeney, Mostafa Salem and Celine Alkhaldi France is in the midst of an energy crisis: Russia continues to cut off supply to Europe while…
Continue Reading Google’s stock just got a lot cheaper
By Paul R. La Monica, CNN Business One share of Google’s parent company Alphabet is suddenly a lot more affordable for Main Street investors…
Continue Reading Turkey warns it can ‘freeze’ Sweden, Finland’s NATO process
ANKARA, Turkey (AP) — Turkish President Recep Tayyip Erdogan says his country can still “freeze” Sweden and Finland’s membership in NATO…
Continue Reading Wall Street’s slowdown cuts into Goldman’s 2Q profits
By KEN SWEET AP Business Writer NEW YORK (AP) — Investment banking giant Goldman Sachs saw its second-quarter profits fall nearly half from a year…
Continue Reading Bulgaria’s president asks third party to form a government
By VESELIN TOSHKOV Associated Press SOFIA, Bulgaria (AP) — Bulgarian President Rumen Radev has handed a mandate to the third-largest political…
Continue Reading Famed bubble caller Jeremy Grantham: Stocks can fall more
By STAN CHOE AP Business Writer NEW YORK (AP) — Stock prices are down about 20% since famed investor Jeremy Grantham warned early this year that…
Continue Reading Toys ‘R’ Us is coming back. Soon, it’ll be almost everywhere
By Ramishah Maruf, CNN Business Once left for dead, Toys “R” Us is making a major comeback. The toy store brand will be just about…
Continue Reading Toys ‘R’ Us is coming back. Soon, it’ll be almost everywhere
CNN, CNN BUSINESS By Ramishah Maruf, CNN Business Once left for dead, Toys “R” Us is making a major comeback. The toy store brand will be…
Continue Reading Tunisia opposition leader investigated on terrorism charges
By BOUAZZA BEN BOUAZZA Associated Press TUNIS, Tunisia (AP) — The leader of Tunisia’s main opposition party is due to be questioned by the…
Continue Reading GE reveals identity of 3 companies after historic split
By MICHELLE CHAPMAN AP Business Writer General Electric is revealing the names of the three companies that will operate on their own after the…
Continue Reading Goldman Sachs still rules Wall Street: Earnings blow away forecasts
By Paul R. La Monica, CNN Business Goldman Sachs is clearly still the top dog on Wall Street. The investment banking powerhouse reported earnings and…
Continue Reading Foreign buyers are slowly returning to the US housing market
By Anna Bahney, CNN Business Anyone who bought a home — or tried to — over the past couple of years knows that it was rip-roaringly…
Continue Reading Delta places order for 100 Boeing 737 aircraft
By MICHELLE CHAPMAN AP Business Writer Delta is ordering 100 737 Max 10 airplanes, the largest of the line produced by Boeing, potentially giving the…
Continue Reading Poland’s top banker filmed debating policy during vacation
WARSAW, Poland (AP) — Poland’s central bank chief has drawn criticism after he was caught on hidden camera discussing inflation and fiscal…
Continue Reading British Airways passengers get mid-air email canceling their connecting flight
By Alexandra Peers, CNN Business It’s always frustrating to find out your flight is canceled. Far more frustrating? Receiving word while…
Continue Reading Funding deal for new Penn Station reached between state, NYC
By DAVID PORTER Associated Press NEW YORK (AP) — A funding agreement has been reached for the multibillion-dollar redevelopment of New York’s…
Continue Reading Zoom has an unlikely new competitor — Snapchat
By Clare Duffy, CNN Business Unlike many other social media platforms, Snapchat has been available only on mobile since its launch over a decade ago.…
Continue Reading Germany again rejects Russian explanation for gas supply cut
BERLIN (AP) — Germany says a turbine at the center of uncertainty about future gas deliveries through a major pipeline from Russia to Europe was…
Continue Reading Earnings slide ongoing for banks; BofA Q2 profit dips 32%
By KEN SWEET AP Business Writer NEW YORK (AP) — Bank of America’s second quarter profits fell by 32% from a year ago, the latest bank to report a…
Continue Reading Amid Russia shelling, Ukraine aims to strengthen government
By SUSIE BLANN Associated Press KYIV, Ukraine (AP) — As Russia kept up its relentless shelling across the country, Ukrainian President Volodymyr…
Continue Reading She warned other women on TikTok about her ex-boyfriend. Then she received a cease-and-desist
By Sara Ashley O’Brien and Clare Duffy, CNN Business Months after Crystal learned that her boyfriend had been covertly dating at least two…
Continue Reading Lebanon’s Baalbek festival back, despite economic collapse
BAALBEK, Lebanon (AP) — Lebanon’s renowned Baalbek festival is back and is being held in front of a live audience for the first time since 2019.…
Continue Reading What recession? America’s banks reveal few signs of trouble
By Julia Horowitz, CNN Business If a recession were to arrive in the United States, there would normally be evidence of pain at America’s…
Continue Reading Liz Weston: How to buy stuff that lasts
By LIZ WESTON of NerdWallet Your mom had a dryer that lasted 30 years. Yours busted after five. Or maybe you’ve lost count of how many coffee…
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