Data puts Turkey’s annual inflation at 73.5%, a 24-year high
ANKARA, Turkey (AP) — Official data show annual inflation in Turkey hit 73.5% in May as a cost-of-living crisis in the country deepens. The Turkish…
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Amazon is closing its Kindle store in China
By Michelle Toh, CNN Business Amazon is shutting down its Kindle bookstore in China, marking another retreat by a Western tech giant in the…
Continue Reading Stocks sink as Wall Street eyes downside of solid jobs data
By STAN CHOE and DAMIAN J. TROISE AP Business Writers NEW YORK (AP) — U.S. stocks fell broadly Friday and pulled major indexes into the red for the…
Continue Reading Envoy says US, allies preparing for N. Korean nuclear test
By KIM TONG-HYUNG Associated Press SEOUL, South Korea (AP) — President Joe Biden’s special envoy for North Korea said Friday the United States is…
Continue Reading More job gains point to a solid economy and Fed rate hikes
By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — U.S. employers added 390,000 jobs in May, extending a streak of solid hiring that has…
Continue Reading Frontier, Spirit add $250 million breakup fee to merger deal
DENVER (AP) — Frontier Airlines sweetened its offer for Spirit Airlines on Thursday by adding a $250 million termination fee if Frontier fails to…
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Borderland gas prices break records overnight
EL PASO, Texas — Texas gas prices went up overnight, averaging $4.34 a gallon, an $0.08 increase compared to last week. Gas prices are averaging…
Continue Reading California regulators approve state’s 1st robotic taxi fleet
By MICHAEL LIEDTKE AP Technology Writer California regulators have given a robotic taxi service the green light to begin charging passengers for…
Continue Reading Jennifer Kho named executive editor of Chicago Sun-Times
CHICAGO (AP) — Chicago Public Media has named Jennifer Kho to be the executive editor of the Chicago Sun-Times. Kho, the former managing editor of…
Continue Reading Microsoft says it will support employees who want to unionize
By Rishi Iyengar, CNN Business Microsoft is leaving the door open to employees who want to form or join a union. The tech giant will…
Continue Reading Space Command base change process was flawed, report says
By NICHOLAS RICCARDI Associated Press DENVER (AP) — The U.S. Air Force abruptly changed its procedures to select a permanent headquarters for the…
Continue Reading Jury says it’s deadlocked in ‘We Build The Wall’ fraud trial
By LARRY NEUMEISTER Associated Press NEW YORK (AP) — A jury said it was deadlocked Thursday in its deliberations of charges against a Colorado…
Continue Reading Sheryl Sandberg’s complicated legacy at Facebook
Catherine Thorbecke, CNN Business For much of her first decade at Facebook, Sheryl Sandberg’s public stature grew alongside the size and…
Continue Reading Coal pile slide buries, kills 2 at Colorado power plant
PUEBLO, Colo. (AP) — A slide on an 80-foot-high (24-meter-high) coal pile killed two workers Thursday at a southern Colorado coal-fired electricity…
Continue Reading Right-wing conspiracy outlet Infowars moves to exit bankruptcy
By Oliver Darcy, CNN Business Three companies tied to the far-right conspiracy theorist Alex Jones, including the fringe media organization Infowars,…
Continue Reading How major US stock indexes fared Thursday
The Associated Press The stock market shook off a wobbly start and ended broadly higher Thursday, marking its first gain in this holiday-shortened…
Continue Reading Gas prices are skyrocketing. Here’s why people haven’t cut back on spending – yet
By Chris Isidore, CNN Business Soaring gas prices have done little to slow US drivers’ purchases at the pump. But they could start to spend…
Continue Reading MongoDB, Chewy rise; Ciena, Hewlett Packard Enterprise fall
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Thursday: MongoDB, Chewy rise; Ciena, Hewlett Packard Enterprise…
Continue Reading Go-broke dates pushed back for Social Security, Medicare
By FATIMA HUSSEIN and TOM MURPHY Associated Press WASHINGTON (AP) — A stronger-than-expected economic recovery from the pandemic has pushed back…
Continue Reading Closing prices for crude oil, gold and other commodities
The Associated Press Benchmark U.S. crude oil for July delivery rose $1.61 to $116.87 a barrel Thursday. Brent crude for August delivery rose $1.32…
Continue Reading More than a week after Uvalde massacre, officials are still avoiding the media’s questions about what happened
CNN By Brian Stelter, CNN Business The obituaries for the shooting victims of Robb Elementary took up three full pages in the Uvalde Leader-News on…
Continue Reading More than a week after Uvalde massacre, officials are still avoiding the media’s questions about what happened
CNN By Brian Stelter, CNN Business The obituaries for the shooting victims of Robb Elementary took up three full pages in the Uvalde Leader-News on…
Continue Reading More than a week after Uvalde massacre, officials are still avoiding the media’s questions about what happened
By Brian Stelter, CNN Business The obituaries for the shooting victims of Robb Elementary took up three full pages in the Uvalde Leader-News on…
Continue Reading LeBron James is now a billionaire
By Jordan Valinsky, CNN Business LeBron James is a billionaire, marking the first time an active NBA player has achieved that milestone, according to…
Continue Reading LeBron James is now a billionaire
CNN By Jordan Valinsky, CNN Business LeBron James is a billionaire, marking the first time an active NBA player has achieved that milestone,…
Continue Reading Wendy’s is getting a shake-up — again
By Danielle Wiener-Bronner, CNN Business Last week, activist investor Nelson Peltz said in a regulatory filing that Trian Partners, his investment…
Continue Reading NGOs file suit against French arms firms over Yemen sales
By JADE LE DELEY Associated Press PARIS (AP) — A group of NGOs have filed a lawsuit against three French arms manufacturers for what they claim was…
Continue Reading Novavax hopes its COVID shot wins over FDA, vaccine holdouts
By LAURAN NEERGAARD AP Medical Writer GAITHERSBURG, Md. (AP) — Americans may soon get a new COVID-19 vaccine option — shots made with a more…
Continue Reading Ford announces $3.7 billion investment to build electric vehicles, trucks, new Mustang
By Peter Valdes-Dapena, CNN Business Ford announced a new $3.7 billion investment Thursday across three mid-western states to build a new…
Continue Reading Amazon to close Kindle bookstore in China, halt device sale
Associated Press Amazon said Thursday it will shut down its digital Kindle bookstores in China and stop selling the device to retailers in the…
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