Siemens investing in Volkswagen’s Electrify America
The German industrial company Siemens will invest more than $100 million in a network of electric vehicle charging stations in North America operated…
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Home prices are still going strong, but momentum is slowing
By Alicia Wallace, CNN Business US home prices ran hot again in April, notching another month of more than 20% year-over-year gains, according to the…
Continue Reading Who’s right about a recession — markets or the Fed?
CNN: GETTY IMAGES By Julia Horowitz, CNN Business A growing number of investors have come to the conclusion that a recession in the United States is…
Continue Reading Analysts accuse Bed Bath & Beyond of scaling back AC in stores to save money as sales plummet
By Nicole Goodkind, CNN Business Retailers typically want their sales numbers to be red hot, not their customers. But Bed Bath & Beyond is…
Continue Reading The electric Cadillac Lyriq is the company’s best SUV yet
CNN By Peter Valdes-Dapena, CNN Business General Motors has said that Cadillac, its luxury brand, will lead the automaker into the electric future.…
Continue Reading The electric Cadillac Lyriq is the company’s best SUV yet
By Peter Valdes-Dapena, CNN Business General Motors has said that Cadillac, its luxury brand, will lead the automaker into the electric future. It…
Continue Reading Swedish utility mulls building new small nuclear reactors
COPENHAGEN, Denmark (AP) — Swedish power utility Vattenfall says it is considering building at least two new small nuclear reactors to deal with a…
Continue Reading Folk Art Museum offers donors naming rights to CEO’s title
By GLENN GAMBOA AP Business Writer NEW YORK (AP) — The American Folk Art Museum, unlike many other arts institutions during the pandemic, was able…
Continue Reading EU regulator considers clearing smallpox shot for monkeypox
By MARIA CHENG AP Medical Writer LONDON (AP) — The European Medicines Agency says it will begin reviewing data to decide if a smallpox vaccine made…
Continue Reading The UK government has taken a stake in a sex party startup
By Michelle Toh, CNN Business British taxpayers now officially hold shares in a company that throws sex parties. A government loan provided to…
Continue Reading Russia’s last default sparked a crisis. This time is different
By Julia Horowitz, CNN Business This week, Russia defaulted on its foreign debt for the first time since the Bolshevik revolution after it failed to…
Continue Reading Turkey lifts its objections to Sweden, Finland joining NATO
By JILL LAWLESS and JOSEPH WILSON Associated Press MADRID (AP) — Turkey agreed Tuesday to lift its opposition to Sweden and Finland joining NATO,…
Continue Reading EXPLAINER: Why are Dutch farmers protesting over emissions?
By MIKE CORDER Associated Press THE HAGUE, Netherlands (AP) — Farmers are protesting around the Netherlands as lawmakers vote on proposals to slash…
Continue Reading Top accounting firm fined $100 million after employees cheated on CPA exams
By Jordan Valinsky, CNN Business Ernst & Young has been slapped with a record $100 million fine from the US government after regulators…
Continue Reading ‘Silicon Heartland’ boon for Ohio, but families mourn homes
By ANDREW WELSH-HUGGINS and PATRICK ORSAGOS Associated Press JOHNSTOWN, Ohio (AP) — Ohio families that have called rural land home for generations…
Continue Reading G-7 aims to create club of nations to boost climate action
By FRANK JORDANS Associated Press BERLIN (AP) — Members of the Group of Seven major economies pledged Tuesday to create a new “climate…
Continue Reading Millennial Money: Getting therapy when cost is a barrier
By SARA RATHNER of NerdWallet There are several things that can prevent you from getting therapy or other mental health treatment. A social stigma…
Continue Reading Europe’s central bank ready to ‘stamp out’ surging inflation
SINTRA, Portugal (AP) — The head of the European Central Bank says it will move gradually to combat soaring consumer prices with interest rate…
Continue Reading Indian police arrest Muslim journalist accused of insulting Hindus
By Rhea Mogul and Esha Mitra, CNN Delhi police have arrested a prominent Muslim journalist, accusing him of insulting religious beliefs on social…
Continue Reading Johnson’s move to rewrite Brexit rules clears 1st hurdle
By SYLVIAI HUI Associated Press LONDON (AP) — British Prime Minister Boris Johnson’s bid to rip up parts of the post-Brexit trade deal he signed…
Continue Reading G-7 leaders united behind Ukraine, aim at Kremlin oil money
By ZEKE MILLER and GEIR MOULSON Associated Press ELMAU, Germany (AP) — Leaders of the world’s biggest developed economies said Tuesday they would…
Continue Reading US, French companies to supply fuel to Czech nuclear plant
PRAGUE (AP) — The Czech Republic has signed deals with Westinghouse Electric Co. and France’s Framatome to deliver fuel supplies for a nuclear…
Continue Reading China reduces quarantine for people arriving from abroad
BEIJING (AP) — China has announced an easing of its quarantine requirement for people arriving from abroad, but stopped short of lifting what…
Continue Reading Tencent’s biggest shareholder is planning to dump more stock
By Laura He, CNN Business Tencent’s biggest shareholder will reduce its stake in the social media and gaming giant, just over a year after…
Continue Reading World shares mostly higher after wobbly day on Wall Street
By ELAINE KURTENBACH AP Business Writer BANGKOK (AP) — Global stocks were mostly higher Tuesday after a wobbly day on Wall Street as markets cooled…
Continue Reading Hong Kong burnishes China ties as luster as global hub fades
By ZEN SOO and JOE McDONALD Associated Press HONG KONG (AP) — As it marks the 25th anniversary of its return to China, the former British colony of…
Continue Reading EXPLAINER: How a G-7 ban on Russian gold would work
By FATIMA HUSSEIN Associated Press WASHINGTON (AP) — Russia appears to have defaulted on its foreign debt for the first time since the 1917…
Continue Reading Japan’s Toshiba shareholders approve 13 nominations to board
By YURI KAGEYAMA AP Business Writer TOKYO (AP) — Toshiba shareholders approved 13 nominated directors to its board, as the Japanese technology…
Continue Reading Instagram and Facebook remove posts offering abortion pills
By AMANDA SEITZ Associated Press WASHINGTON (AP) — Facebook and Instagram have begun promptly removing posts that offer abortion pills to women who…
Continue Reading As COVID fears ebb, Japan readies for tourists from abroad
By YURI KAGEYAMA Associated Press TOKYO (AP) — Japan is bracing for a return of tourists from abroad, as border controls to curb the spread of…
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