Biden’s challenge: Inflation overshadows robust job gains
By CHRISTOPHER RUGABER and JOSH BOAK Associated Press Writers REHOBOTH BEACH, Delaware (AP) — President Joe Biden came before the television…
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Closing prices for crude oil, gold and other commodities
The Associated Press Benchmark U.S. crude oil for July delivery rose $2 to $118.87 a barrel Friday. Brent crude for August delivery rose $2.11 to…
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Amazon’s CEO of Worldwide Consumer resigns
By Catherine Thorbecke, CNN Business Dave Clark, Amazon’s Worldwide Consumer CEO, is resigning after 23 years at the e-commerce giant. Amazon…
Continue Reading Did you retire during the pandemic, but then decide to head back to work?
The pandemic pushed over 2.6 million more people into retirement than projected, according to the Federal Reserve Bank of St. Louis. The reasons for…
Continue Reading Jeep Wrangler tips over again in IIHS crash test
By Peter Valdes-Dapena, CNN Business A Jeep Wrangler tipped over onto its side during a crash test by the Insurance Institute for Highway Safety.…
Continue Reading Amazon executive in charge of consumer business resigns
Associated Press The Amazon executive in charge of the company’s worldwide consumer business is resigning after 23 years with the company. Amazon…
Continue Reading Firm proposes Taser-armed drones to stop school shootings
By MATT O’BRIEN and MICHAEL BALSAMO Taser developer Axon said this week it is working to build drones armed with the electric stunning weapons…
Continue Reading Tesla is trying an old trick to boost its stock. It may not work
CNN, CNNBUSINESS By Julia Horowitz, CNN Business In recent years, when a company announced it was splitting its stock, Wall Street went wild. When…
Continue Reading Opinion: Elon Musk’s work policy is bad for employees, but it’s even worse for Tesla
Opinion by Kara Alaimo for CNN Business Perspectives Earlier this week, Tesla CEO Elon Musk sent emails announcing that the company’s employees…
Continue Reading Marriott to suspend all of its operations in Russia
By The Associated Press Marriott International says it’s going to suspend all of its operations in Russia amid the ongoing invasion of Ukraine. The…
Continue Reading Starbucks is reopening in Shanghai
By Danielle Wiener-Bronner, CNN Business Starbucks is reopening in Shanghai, a sign of hope as the city slowly emerges from its strict Covid…
Continue Reading American Airlines gives rosier outlook for summer revenue
FORT WORTH, Texas (AP) — American Airlines on Friday raised its forecast of second-quarter revenue, joining a growing list of airlines expecting…
Continue Reading Investor-advisory firm backs latest Frontier bid for Spirit
NEW YORK (AP) — The decision by Frontier Airlines to sweeten its offer for Spirit Airlines paid dividends Friday when an investor-advisory firm…
Continue Reading Tesla reportedly hired a PR firm to monitor employees on Facebook
By Jordan Valinsky, CNN Business Tesla reportedly paid a consultancy firm to monitor employees’ Facebook interactions when some workers wanted…
Continue Reading Tenants grapple with rent hikes amid overall inflation spike
By ALEX VEIGA AP Business Writer LOS ANGELES (AP) — At a time when rising gasoline and food prices are already straining Americans’ budgets, many…
Continue Reading Federal court upholds state law on disclosing police records
MIDDLETOWN, Conn. (AP) — A federal appeals court has upheld part of a 2020 Connecticut police accountability law that allows public disclosure of…
Continue Reading Report: Musk seeks to cut 10% of Tesla workforce
Associated Press Tesla shares tumbled about 9% Friday on a report that CEO Elon Musk is considering laying off 10% of the company’s workers, as…
Continue Reading Poles get OK to gather firewood as energy prices soar
WARSAW, Poland (AP) — Poland’s authorities are reminding citizens they can rummage state forests for firewood to heat their homes. The go-ahead…
Continue Reading Estonian PM seeks new coalition partner after welfare rift
COPENHAGEN, Denmark (AP) — Estonia’s center-right Prime Minister Kaja Kallas is set to start power-sharing talks with two small center-leaning…
Continue Reading Landmark bill to limit cryptomining passes NY Legislature
By MICHAEL HILL Associated Press ALBANY, N.Y. (AP) — The New York Legislature has approved a milestone environmental measure designed to tap the…
Continue Reading Walmart adding 4 fulfillment centers, more than 4,000 jobs
By MICHELLE CHAPMAN AP Business Writer Walmart is adding four new fulfillment centers to its existing capacity, a move that will bring more than…
Continue Reading US has over 750 complaints of Teslas braking for no reason
By TOM KRISHER AP Auto Writer DETROIT (AP) — More than 750 Tesla owners have complained to U.S. safety regulators that cars operating on the…
Continue Reading Google and Russia’s delicate dance
By Rishi Iyengar, CNN Business Russia has spent months either driving out American tech firms or watching them leave of their own accord over its war…
Continue Reading Dubai arrests British man over $1.7B Denmark tax fraud case
By MALAK HARB and JON GAMBRELL Associated Press DUBAI, United Arab Emirates (AP) — Dubai police say they arrested and planned to extradite a…
Continue Reading 3 signs that the US economy is already losing steam
By Julia Horowitz, CNN Business Fears about whether America could fall into a recession are dominating conversations among investors and pose a risk…
Continue Reading German parliament OKs higher minimum wage pledged by Scholz
BERLIN (AP) — The German parliament has approved raising the country’s minimum wage to 12 euros ($12.84) per hour, fulfilling a key campaign…
Continue Reading Deadly secret: Electronic warfare shapes Russia-Ukraine war
By OLEKSANDR STASHEVSKYI and FRANK BAJAK Associated Press KYIV, Ukraine (AP) — On Ukraine’s battlefields, the simple act of powering up a…
Continue Reading Deadly secret: Electronic warfare shapes Russia-Ukraine war
By OLEKSANDR STASHEVSKYI and FRANK BAJAK Associated Press KYIV, Ukraine (AP) — Electronic warfare is a vital, mostly invisible element in…
Continue Reading German lawmakers vote to approve huge fund for military
By GEIR MOULSON Associated Press BERLIN (AP) — German lawmakers have approved a $107-billion special fund to strengthen the country’s military.…
Continue Reading Job scams are on the rise. Watch out for these red flags
CNN, CNNBUSINESS By Kathryn Vasel, CNN Business The strong labor market has given us near record low unemployment, higher wages — and an…
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