Fewer Americans apply for jobless aid last week
BY MATT OTT AP Business Writer WASHINGTON (AP) — Fewer Americans applied for unemployment benefits last week as the U.S. job market remains strong…
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Qatar Airways posts record $1.5B profits ahead of World Cup
By AYA BATRAWY Associated Press DUBAI, United Arab Emirates (AP) — Qatar Airways, one of the Mideast’s largest carriers known for on-board…
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Layoffs are on the rise in the midst of crypto winter
By Jennifer Korn, CNN Business Hao Jia was so convinced in the potential of cryptocurrencies that he passed up a job at a large tech firm, Oracle, to…
Continue Reading Angry protests hit India over new short-term military jobs
By ASHOK SHARMA Associated Press NEW DELHI (AP) — Violence has erupted in parts of India with thousands of angry youths setting train coaches and…
Continue Reading Revlon files for bankruptcy
By Jordan Valinsky, CNN Business Revlon, the 90-year-old cosmetics giant, filed for Chapter 11 bankruptcy protection because of its crippling debt…
Continue Reading Revlon files for bankruptcy
CNN By Jordan Valinsky, CNN Business Revlon, the 90-year-old cosmetics giant, filed for Chapter 11 bankruptcy protection because of its crippling…
Continue Reading Central banks are desperate to make up for past sins
By Julia Horowitz, CNN Business Central banks are racing to stay on top of rapidly changing economic and financial conditions as they try to contain…
Continue Reading EU beefs up disinformation code amid Russia fake news fears
By KELVIN CHAN AP Business Writer LONDON (AP) — The European Union is beefing up its code of practice on disinformation by enlisting more tech…
Continue Reading Revlon, beauty icon in crowded market, files for bankruptcy
By ANNE D’INNOCENZIO AP Retail Writer NEW YORK (AP) — Revlon, a cosmetics maker that broke racial barriers and dictated beauty trends for…
Continue Reading Lego will start building its bricks in the United States
By Jordan Valinsky, CNN Business Lego is planning to spend more than $1 billion to build a factory in the United States. The company announced…
Continue Reading Lego will start building its bricks in the United States
CNN, CNNI By Jordan Valinsky, CNN Business Lego is planning to spend more than $1 billion to build a factory in the United States. The company…
Continue Reading Bank of England hikes interest rates again as inflation heads towards 11%
By Anna Cooban, CNN Business The United Kingdom’s central bank has hiked interest rates for a fifth time since December in a bid to tame…
Continue Reading Shopping in stores is back and thriving. Here’s why
By Nathaniel Meyersohn, CNN Business The Covid-19 pandemic was expected to turn us all into permanent online shoppers, never to set foot in physical…
Continue Reading Russian economy ‘won’t be as it was,’ central banker says
By IRINA TITOVA and JIM HEINTZ Associated Press ST. PETERSBURG, Russia (AP) — The head of the Russian Central Bank is warning that the country’s…
Continue Reading Euro rescue fund to get new chief as its old glory fades
BRUSSELS (AP) — Finance ministers from the 19 countries that share the euro currency could decide Thursday on a successor to lead Europe’s…
Continue Reading Public workers strike in Tunisia, signaling national crisis
By FRANCESCA EBEL and BOUAZZA BEN BOUAZZA Associated Press TUNIS, Tunisia (AP) — A nationwide public sector strike in Tunisia is poised to paralyze…
Continue Reading Germany steps up calls to save energy as Russia reduces gas
BERLIN (AP) — Germany’s vice chancellor is stepping up an appeal for the country’s residents to save energy after Russia’s Gazprom…
Continue Reading Europe is making it much harder for Russia to ship oil anywhere
By Julia Horowitz, CNN Business The European Union’s embargo on 90% of the oil it imports from Russia is the toughest punishment it’s…
Continue Reading Russian sanctions hurting small Italian fashion producers
By COLLEEN BARRY AP Business Writer BRESCIA, Italy (AP) — Small Italian fashion producers are still allowed to export to Russia despite sanctions,…
Continue Reading Bank of England hikes interest rates but resists bolder move
By DANICA KIRKA Associated Press LONDON (AP) — The Bank of England has raised interest rates by a quarter-percentage point, shrugging off pressure…
Continue Reading Asian stocks follow Wall St lower on economy fears
By JOE McDONALD AP Business Writer BEIJING (AP) — Asian stock markets were mostly lower Friday after Wall Street fell on fears interest rate hikes…
Continue Reading N. Korea reports another disease outbreak amid COVID-19 wave
By HYUNG-JIN KIM Associated Press SEOUL, South Korea (AP) — North Korea reported a new “epidemic” of an intestinal disease on Thursday, an…
Continue Reading PG&E moves power underground in plan to bury 10,000 miles
By HAVEN DALEY Associated Press SANTA ROSA, Calif. (AP) — Pacific Gas & Electric Co. is working on an ambitious project to bury thousands of…
Continue Reading Gateway towns to Yellowstone become dead ends after flood
By MATTHEW BROWN and BRIAN MELLEY Associated Press RED LODGE, Mont. (AP) — This gateway town to Yellowstone National Park has become a dead end, a…
Continue Reading Pakistani govt chided for ‘Drink less tea, save money’ plea
By MUNIR AHMED Associated Press ISLAMABAD (AP) — A minister in Pakistan’s newly elected government is facing criticism following his plea to the…
Continue Reading Fed’s aggressive rate hikes raise likelihood of a recession
By PAUL WISEMAN AP Economics Writer WASHINGTON (AP) — Federal Reserve Chair Jerome Powell has pledged to do whatever it takes to curb inflation,…
Continue Reading Global markets and US futures turn lower after Fed rate hike
By Laura He, CNN Business European markets and US stock futures fell Thursday, a day after the Fed got tough on inflation with its biggest rate hike…
Continue Reading Australia commits to reducing greenhouse emissions by 43%
By ROD McGUIRK Associated Press CANBERRA, Australia (AP) — Australia’s new government on Thursday formally committed to a more ambitious…
Continue Reading Court: Amazon customers can sue over lack of toxic warnings
SAN FRANCISCO (AP) — California’s Supreme Court is allowing customers to sue Amazon.com for failing to warn buyers that some products it…
Continue Reading Bitcoin-boosting Salvadoran leader may have second thoughts
SAN SALVADOR, El Salvador (AP) — El Salvador’s Bitcoin-boosting president may be having second thoughts about the crypto-currency, whose…
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