Puerto Rico lifts fuel taxes for 45 days as gas price soars
SAN JUAN, Puerto Rico (AP) — Puerto Rico’s governor has signed a measure suspending taxes on gasoline and diesel for 45 days amid the worldwide…
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NBA Finals, Jan. 6 hearing lead ABC to ratings win
By DAVID BAUDER AP Media Writer NEW YORK (AP) — ABC took home the crown as television’s top-rated network last week behind two games of the…
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Troy Aikman to make El Paso stop to promote his line of beer
EL PASO, Texas — Former Dallas Cowboys quarterback Troy Aikman will make several El Paso stops to promote “Eight,” his own line of beer, on Monday,…
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Caterpillar to move headquarters from Illinois to Texas
By Andy Rose, CNN Industrial conglomerate Caterpillar, Inc. is moving its global headquarters from suburban Chicago to suburban Dallas, the company…
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El Paso Water fires back at NMED over fine
EL PASO, Texas — El Paso water says it is correcting statements made by the New Mexico Environment Department after the NMED announced a fine…
Continue Reading UPS tests tiny battery-powered cycles in congested cities
By JULIE WALKER and TED SHAFFREY Associated Press NEW YORK (AP) — UPS has unveiled a battery-powered, four-wheeled cycle to more efficiently haul…
Continue Reading Sig Sauer is sued over pistol critics say goes off by itself
By MICHAEL RUBINKAM Associated Press Gun-maker Sig Sauer is facing fresh accusations that its P320 pistol model is prone to going off without the…
Continue Reading How major US stock indexes fared Tuesday
The Associated Press Wall Street closed mostly lower on Tuesday, a day after tumbling into a bear market on worries that high inflation will push…
Continue Reading Report: Volkswagen could sell more electric cars than Tesla by 2024
By Peter Valdes-Dapena, CNN Business Volkswagen has been saying for years that it intends to, one day, sell more electric cars than Tesla. That could…
Continue Reading Newmont, Booking Holdings fall; FedEx, Oracle rise
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Tuesday: Newmont, Booking Holdings fall; FedEx, Oracle…
Continue Reading Fed attacks inflation with its largest rate hike since 1994
By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — The Federal Reserve intensified its fight against high inflation on Wednesday, raising…
Continue Reading NY high court nixes Trump appeal, clearing way for testimony
Associated Press NEW YORK (AP) — New York’s highest court has rejected former President Donald Trump’s last-ditch effort to avoid testifying in…
Continue Reading Closing prices for crude oil, gold and other commodities
The Associated Press Benchmark U.S. crude oil for July delivery fell $2 to $118.93 a barrel Tuesday. Brent crude for August delivery fell $1.10 to…
Continue Reading Caterpillar moving its headquarters to Texas from Illinois
DEERFIELD, Ill. (AP) — Construction equipment manufacturer Caterpillar said Tuesday it is packing up its headquarters from its longtime home state…
Continue Reading Argentina authorities seek data on Iranian, Venezuelan crew
ALMUDENA CALATRAVA Associated Press BUENOS AIRES, Argentina (AP) — Argentine law enforcement officers have searched the hotel where the Venezuelan…
Continue Reading Cooling housing market prompts layoffs at Redfin
SEATTLE (AP) — Redfin, the Seattle-based real estate brokerage, says it will lay off 8% of its employees as the housing market cools off. The…
Continue Reading Fisher-Price, US regulators warn of infant deaths in rockers
By MATT OTT AP Business Writer WASHINGTON (AP) — Fisher-Price and U.S. product safety regulators are telling parents not to let their infants fall…
Continue Reading Researcher says airline bookings dip as fares keep rising
SAN JOSE, Calif. (AP) — Airfares are rising as we head into summer, and that could be leading to a slight slowdown in ticket sales. Research firm…
Continue Reading Retiring into a bear market: What to do, what to avoid
By Jeanne Sahadi, CNN Business The market rout has been painful for investors. But the sting may be especially sharp for anyone who has recently…
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Biden acknowledges inflation ‘sapping the strength of a lot of families’ as economists prepare for Fed to raise interest rates
By Kate Sullivan and Arlette Saenz, CNN A fired-up President Joe Biden spoke to a friendly crowd of union supporters Tuesday, hoping to put a…
Continue Reading Data likely shows Teslas on Autopilot crash more than rivals
By TOM KRISHER AP Auto Writer DETROIT (AP) — The government will soon release data on collisions involving vehicles with autonomous or partially…
Continue Reading EXPLAINER: Just how high is the risk of another recession?
By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — Inflation is at a 40-year high. Stock prices are sinking. The Federal Reserve is…
Continue Reading The stock market is demanding the Fed take historic action on inflation
By David Goldman, CNN Business The stock market won’t be satisfied unless the Federal Reserve takes drastic action on inflation. Investors now…
Continue Reading How bears and bulls became Wall Street’s mascots
By Allison Morrow, CNN Business Bears. Bulls. Two big, scary mammals that serve as Wall Street shorthand for the stock market’s general mood.…
Continue Reading Biden focuses on workers as high inflation remains a risk
By DARLENE SUPERVILLE and JOSH BOAK Associated Press PHILADELPHIA (AP) — President Joe Biden told the largest federation of labor unions on Tuesday…
Continue Reading Russia bans UK journalists, defense officials from entering
MOSCOW (AP) — Russia has banned dozens of British media and defense figures from entering the country. The Russian foreign ministry on Tuesday…
Continue Reading No recession alarm bells for Corporate America … yet
By Paul R. La Monica, CNN Business Recession fears may be raging on Wall Street and Main Street, but there are still some potentially good signs for…
Continue Reading Russia lowers gas flows to Europe with part stuck in Canada
By The Associated Press Russian state-controlled energy giant Gazprom says gas deliveries through a key pipeline to Europe will drop by around 40%…
Continue Reading Elon Musk is set to take questions from Twitter employees for first time
By Clare Duffy, CNN Business Elon Musk is set to field questions directly from Twitter employees later this week for the first time since he agreed…
Continue Reading Russia is ‘hemorrhaging’ millionaires
By Anna Cooban, CNN Business Millionaires are leaving Russia in droves after the country invaded Ukraine and the West imposed sanctions. Almost three…
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