Lyft agrees to $25 million settlement with shareholders over safety-related allegations
By Sara Ashley O’Brien, CNN Business Lyft has agreed to a $25 million settlement with shareholders over allegations that it failed to…
Continue ReadingBiz/Tech
Bird flu outbreak waning but threat of virus lingers
By JOSH FUNK Associated Press OMAHA, Neb. (AP) — A bird flu outbreak in the U.S. that led to the deaths of more than 40 million chickens and…
Continue Reading Heat stress blamed for thousands of cattle deaths in Kansas
By ROXANA HEGEMAN Associated Press BELLE PLAINE, Kan. (AP) — Thousands of cattle in feedlots in southwestern Kansas have died of heat stress due to…
Continue Reading Kentucky court delves into use of cell phones for tracking
By BRUCE SCHREINER Associated Press FRANKFORT, Ky. (AP) — The Kentucky’s Supreme Court has issued a sharply divided ruling against the…
Continue Reading How major US stock indexes fared Thursday
The Associated Press Stocks slumped again on Wall Street Thursday, erasing another 3.3% from the S&P 500 and bringing the index 23.6% below the…
Continue Reading Abbott, Allstate fall; Procter & Gamble, NexTier rise
Stocks that traded heavily or had substantial price changes Thursday: Abbott, Allstate fall; Procter & Gamble, NexTier…
Continue Reading AP Interview: Biden says a recession is ‘not inevitable’
By JOSH BOAK Associated Press WASHINGTON (AP) — President Joe Biden said Thursday the American people are “really, really down” after a…
Continue Reading Biden signs new shipping law he says can cut consumer costs
By WILL WEISSERT Associated Press WASHINGTON (AP) — President Joe Biden signed legislation Thursday meant to make shipping goods across oceans…
Continue Reading
Doña Ana County residents frustrated by commercial cannabis grow in neighborhood
DOÑA ANA COUNTY, New Mexico – A few dozen residents of the GreyFox subdivision north of Las Cruces approached Doña Ana County commissioners with…
Continue Reading Closing prices for crude oil, gold and other commodities
The Associated Press Benchmark U.S. crude oil for July delivery rose $2.27 to $117.58 a barrel Thursday. Brent crude for August delivery rose $1.30…
Continue Reading Avenatti pleads guilty to fraud, tax charges in California
By AMY TAXIN Associated Press SANTA ANA, Calif. (AP) — Incarcerated lawyer Michael Avenatti has pleaded guilty to four counts of wire fraud and a…
Continue Reading New Jersey sues Ford over mining that tainted tribal land
By WAYNE PARRY Associated Press RINGWOOD, N.J. (AP) — New Jersey officials are suing Ford Motor Co. because they say the automaker contaminated the…
Continue Reading VP Harris launches task force on online harassment, abuse
By CHRIS MEGERIAN Associated Press WASHINGTON (AP) — Vice President Kamala Harris and administration officials on Thursday launched a task force…
Continue Reading New Mexico reaches $32M settlement over 2015 mine spill
By SUSAN MONTOYA BRYAN Associated Press ALBUQUERQUE, N.M. (AP) — New Mexico and the U.S. government have reached a $32 million settlement over a…
Continue Reading Dutch airport Schiphol to cut flights over busy summer
THE HAGUE, Netherlands (AP) — Travelers beware: The Netherlands’ busiest airport is reining in flight departures over its busy summer period.…
Continue Reading Petco is launching stores for a new group of customers: cows, goats and horses
By Parija Kavilanz, CNN Business Horses, cows, goats, pigs and sheep have food and grooming needs, too, and Petco is stepping up to deliver its…
Continue Reading USA Today removes 23 stories after probe finds reporter apparently ‘fabricated’ quotes
By Oliver Darcy, CNN Business USA Today on Thursday said that it had removed 23 stories from its website after an internal investigation found that…
Continue Reading Elon Musk addresses layoffs, remote work and ‘free speech’ during his first meeting with Twitter employees
By Clare Duffy and Donie O’Sullivan, CNN Business Elon Musk on Thursday doubled down on his desire to relax content restrictions on Twitter…
Continue Reading The best cure for high gas prices could be — high gas prices
By Chris Isidore, CNN Business There’s not a lot that Joe Biden, Congress or the Federal Reserve can do to bring down the record high gas…
Continue Reading How to recession proof your portfolio
By Paul R. La Monica, CNN Business Uber CEO Dara Khosrowshahi said at a Bloomberg event earlier this month that he thinks the ridesharing and food…
Continue Reading Swiss raise interest rate by 1/2 point amid inflation fears
GENEVA (AP) — Switzerland’s central bank has announced a one-half of a percentage point increase to a key interest rate Thursday, the first…
Continue Reading Shoppers are buying less and switching to store brands, Kroger says
By Nathaniel Meyersohn, CNN Business Decades-high inflation is changing US consumers’ grocery habits. Kroger, the nation’s largest…
Continue Reading Production at bedeviled baby formula factory halted by storm
By TOM MURPHY and LAURA UNGAR Associated Press Severe weather has forced Abbott Nutrition to pause production at a Michigan baby formula factory that…
Continue Reading One more sign the housing market is cooling off
By Anna Bahney, CNN Business Another indication the hot housing market is cooling off? New residential construction and the number of permits issued…
Continue Reading Musk appeals ruling that upheld securities fraud settlement
DETROIT (AP) — Tesla CEO Elon Musk is appealing a federal court ruling that upheld a securities fraud settlement over Musk’s tweets claiming that…
Continue Reading Disney delaying Florida campus but not because of tensions
LAKE BUENA VISTA, Fla. (AP) — The Walt Disney Co. is delaying by more than three years the opening of a campus in Florida to which 2,000 workers…
Continue Reading Amazon announces 2022 Prime Day dates
By Jordan Valinsky, CNN Business Amazon’s Prime Day sales event will be held on July 12 and 13, the company said Thursday. Last year’s…
Continue Reading Musk aims to ease concerns in address to Twitter workers
By BARBARA ORTUTAY AP Technology Writer In an unusual move for what’s been an unusual takeover bid for Twitter by the world’s richest man, Tesla…
Continue Reading Opinion: The Fed’s latest rate hike will be a disaster for the economy
Opinion by Desmond Lachman for CNN Business Perspectives History will not judge the Jerome Powell Federal Reserve kindly. First, it brought us…
Continue Reading WTO talks down to the wire with no major deals yet in sight
By JAMEY KEATEN Associated Press GENEVA (AP) — Talks are going down to the wire as the World Trade Organization is set to wrap up its first…
Continue Reading