Dow tumbles 876 points and stocks enter bear market on worries of drastic rate hikes
By David Goldman, CNN Business US stocks have plunged into a bear market as Wall Street investors grew increasingly nervous about the prospect of…
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The S&P 500 is in a bear market; here’s what that means
By STAN CHOE and ALEX VEIGA AP Business Writers NEW YORK (AP) — Wall Street is back in the claws of a bear market as worries about inflation and…
Continue Reading Prologis buying Duke Realty in $26 billion all-stock deal
Real estate investment trust Prologis is buying Duke Realty in an all-stock deal valued at about $26 billion. Duke Realty shareholders will receive…
Continue Reading Bitcoin plunges below $23,000 as the crypto meltdown continues
By Anna Cooban, CNN Business Bitcoin and other cryptocurrencies continued to slide Tuesday as investors bailed out of risky assets in anticipation of…
Continue Reading Bitcoin plunges below $23,000 as the crypto meltdown continues
CNN, CNNBUSINESS By Anna Cooban, CNN Business Bitcoin and other cryptocurrencies continued to slide Tuesday as investors bailed out of risky assets…
Continue Reading Tesla is trying an old trick to boost its stock. It may not work
By Julia Horowitz, CNN Business In recent years, when a company announced it was splitting its stock, Wall Street went wild. When Tesla revealed such…
Continue Reading Germany moves ahead with plan to legalize cannabis sales
BERLIN (AP) — The German government is setting in motion plans to legalize the sale of cannabis for recreational purposes, aiming to have…
Continue Reading Czech brewer Budvar reports record export increase in 2021
PRAGUE (AP) — Budvar, the Czech brewer that has been in a long legal dispute with U.S. company Anheuser-Busch over use of the “Budweiser”…
Continue Reading Germany slips behind China as top importer of Russian energy
BERLIN (AP) — An independent research group says China has overtaken Germany as the biggest buyer of Russian energy exports since the start of the…
Continue Reading Liz Weston: How to afford your meds and support your health
By LIZ WESTON of NerdWallet What you pay for a prescription drug varies enormously depending on your medication, pharmacy, insurance and other…
Continue Reading S. Korea truckers’ strike has local shocks, not global yet
By HYUNG-JIN KIM Associated Press SEOUL, South Korea (AP) — South Korea says that a weeklong strike by thousands of truckers in the country has…
Continue Reading UK moves to rewrite Brexit rules; EU threatens legal action
By SYLVIA HUI and DANICA KIRKA Associated Press LONDON (AP) — Britain’s government has unveiled legislation that would unilaterally change…
Continue Reading Ikea is considering closing another store in China
By Laura He, CNN Business Ikea has already shut one store in mainland China this year and could close another in Shanghai in early July. The Swedish…
Continue Reading China is encouraging college graduates to work in the countryside
By Laura He, CNN Business China is urging college graduates to seek jobs in the countryside as youth unemployment in urban areas soars to the highest…
Continue Reading United Arab Emirates bans Pixar’s ‘Lightyear’ from showing
By JON GAMBRELL Associated Press DUBAI, United Arab Emirates (AP) — The United Arab Emirates has banned the upcoming Pixar animated feature…
Continue Reading Virus cluster at nightclub sets off new Beijing clampdown
BEIJING (AP) — China’s capital has put school back online in one of its major districts amid a new COVID-19 outbreak linked to a nightclub, while…
Continue Reading Germany eyes new cartel law as fuel tax cut falls short
BERLIN (AP) — Germany’s vice chancellor is proposing new powers for the country’s antitrust agency to clamp down on oil companies amid…
Continue Reading Japan toughens defamation penalties after wrestler’s suicide
By MARI YAMAGUCHI Associated Press TOKYO (AP) — Japan’s parliament has approved tougher penalties for criminal defamation in a move prompted by a…
Continue Reading This Week: Oracle, Kroger results; Jobless claims
The Associated Press Software giant Oracle and grocery chain Kroger report quarterly results. The Labor Department issues its weekly tally of initial…
Continue Reading India, China growing markets for shunned Russian oil
By KRUTIKA PATHI and ELAINE KURTENBACH Associated Press NEW DELHI (AP) — India and other Asian nations are becoming an increasingly vital source of…
Continue Reading Many baby formula plants weren’t inspected because of COVID
By MATTHEW PERRONE AP Health Writer WASHINGTON (AP) — U.S. regulators have historically inspected baby formula plants at least once a year, but…
Continue Reading North Korea plans crackdown as Kim pushes for internal unity
By HYUNG-JIN KIM Associated Press SEOUL, South Korea (AP) — North Korean leader Kim Jong Un and his top deputies have pushed for a crackdown on…
Continue Reading Asian benchmarks decline after bear market hits Wall Street
By YURI KAGEYAMA AP Business Writer TOKYO (AP) — Asian shares fell across the board Tuesday after Wall Street tumbled into a bear market,…
Continue Reading Global markets fall after rough week on Wall Street; yen hits two-decade-low
By Laura He and Mark Thompson, CNN Business Global markets and US stock futures fell early Monday, indicating a downbeat start to the trading week…
Continue Reading Global markets fall after rough week on Wall Street; yen hits two-decade-low
CNN By Laura He and Mark Thompson, CNN Business Global markets and US stock futures fell early Monday, indicating a downbeat start to the trading…
Continue Reading US: Pfizer COVID-19 shot appears effective for kids under 5
By MATTHEW PERRONE and MIKE STOBBE AP Medical Writers WASHINGTON (AP) — Federal health officials said Sunday that kid-sized doses of Pfizer’s…
Continue Reading Luxury home sales see biggest decline since the start of the pandemic
By Ramishah Maruf, CNN Even the wealthiest Americans are starting to feel the effects of economic uncertainty, as sales of luxury homes saw their…
Continue Reading Netflix green lights ‘Squid Game’ season 2
By Ramishah Maruf, CNN “Squid Game” is officially coming back. Netflix announced Sunday that the wildly popular South Korean show is…
Continue Reading ‘He believes in what he’s doing:’ Wife of detained Kremlin critic speaks out
CNN By Ramishah Maruf, CNN Writer Vladimir Kara-Murza is an outspoken critic of Vladimir Putin. He has made numerous television appearances,…
Continue Reading ‘He believes in what he’s doing:’ Wife of detained Kremlin critic speaks out
By Ramishah Maruf, CNN Writer Vladimir Kara-Murza is an outspoken critic of Vladimir Putin. He has made numerous television appearances, including…
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