Five Below, Zendesk fall; Oxford, Signet rise
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Thursday: Five Below, Zendesk fall; Oxford, Signet…
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NLRB denies Amazon’s ask to close union hearing to public
By HALELUYA HADERO AP Business Writer A federal labor board has denied Amazon’s request to bar the public from a hearing on the company’s bid…
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Geico ordered to pay Missouri woman $5.2 million after she contracted STD in a car
By Jalen Beckford, CNN A Missouri woman was awarded $5.2 million in a settlement from insurance company GEICO after contracting a sexually…
Continue Reading Hezbollah leader threatens to hit Israel’s offshore gas rig
BEIRUT (AP) — The leader of Lebanon’s militant Hezbollah group has threatened to strike a gas rig Israel is setting up in the Mediterranean…
Continue Reading Federal investigators expand probe into Tesla Autopilot crashes
By Gregory Wallace Federal investigators are expanding their probe of Teslas that have slammed into parked first responders’ vehicles. The…
Continue Reading Stitch Fix is laying off 15% of its salaried roles
By Nathaniel Meyersohn, CNN Business Online clothing retailer Stitch Fix will lay off 15% of its salaried staff — around 330 employees — amid…
Continue Reading Closing prices for crude oil, gold and other commodities
The Associated Press Benchmark U.S. crude oil for July delivery fell 60 cents to $121.51 a barrel Thursday. Brent crude for August delivery fell 51…
Continue Reading TikTok adds options to encourage users to take a break from endless scrolling
Catherine Thorbecke, CNN Business TikTok plans to roll out new options to encourage users to take a break from endlessly scrolling short-form videos…
Continue Reading Double whammy: Both farmers and consumers hit by high prices
By FRANCES D’EMILIO Associated Press ROME (AP) — A U.N. agency has issued a glum world forecast, saying that food import bills appear headed…
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TxDOT holds public hearing to discuss proposed Borderland Expressway
EL PASO, Texas — TxDOT held two hearings for public comment regarding a proposed new project, the Borderland Expressway. One hearing was held…
Continue Reading Judge dismisses sexual assault lawsuit against former ‘Good Morning America’ boss Michael Corn
By Oliver Darcy, CNN Business A New York State judge on Wednesday dismissed a lawsuit filed last year against Michael Corn, the former “Good…
Continue Reading Airlines blast EU plan to expand emissions rule for flights
By FRANK JORDANS Associated Press BERLIN (AP) — An airline industry group is criticizing the European Union’s Parliament for seeking to…
Continue Reading Opinion: Inflation is painfully high, but it should ease soon
Opinion by Mark Zandi for CNN Business Perspectives Consumer inflation figures for May will be out Friday, and the report is sure to be disquieting.…
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No Sun Metro transportation for Veterans to Beaumont Army Hospital
EL PASO, Texas – ABC-7 was contacted by a viewer about the lack of transportation to William Beaumont Army Center. This viewer said he had to pay $50…
Continue Reading Stitch Fix is laying off 15% of its salaried employees
CNN, CNNBUSINESS By Nathaniel Meyersohn, CNN Business Online clothing retailer Stitch Fix will lay off 15% of its salaried staff — around 330…
Continue Reading Americans lost half a trillion dollars in wealth in early 2022
By Tami Luhby, CNN Americans’ wealth took a nosedive early this year as the stock market plummeted. The net worth of households and nonprofit…
Continue Reading FTC chair issues a warning shot to the tech industry
By Brian Fung, CNN Business The Federal Trade Commission is keeping a close eye on Big Tech as the industry expands into newer technologies such as…
Continue Reading Credit Suisse CEO blasts ‘really stupid’ takeover rumor
By Paul R. La Monica, CNN Business Most chief executive officers, when asked if their firm is for sale, would give a boring, lawyer-approved response…
Continue Reading Big Tech attacks become rallying cry for GOP candidates
By SAM METZ Associated Press RENO, Nev. (AP) — Republicans are pushing an anti-Big Tech message in the midterm campaigns as they look to tap into…
Continue Reading Gas prices close in on $5 a gallon in US, hit record in UK
By DAVID KOENIG AP Business Writer DALLAS (AP) — The average price that Americans pay for gasoline is closing in on $5 a gallon, another drain on…
Continue Reading Freeport LNG explosion raises risk of European winter energy crisis
By Anna Cooban, CNN Business A fire at one of the world’s biggest suppliers of liquefied natural gas has thrown Europe’s fragile energy…
Continue Reading Teslas with Autopilot a step closer to recall after wrecks
By TOM KRISHER AP Auto Writer DETROIT (AP) — Teslas with partially automated driving systems are a step closer to being recalled after the U.S.…
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Teslas with Autopilot a step closer to recall after wrecks
By TOM KRISHER AP Auto Writer DETROIT (AP) — Teslas with partially automated driving systems are a step closer to being recalled after the U.S.…
Continue Reading Trump’s Air Force One plan has a paint problem (among many other issues)
By Chris Isidore, CNN Business The two new Air Force One jets currently being built by Boeing are facing costly delays. Now there is a new potential…
Continue Reading Correction: Biden-Inflation story
REHOBOTH BEACH, Del. (AP) — In a story published June 9, 2022, about inflation, The Associated Press misspelled the last name of shopper Nina…
Continue Reading Poland’s PM pushes for more coal to lower heating costs
WARSAW, Poland (AP) — Poland’s prime minister has vowed to support higher production at the nation’s coal mines in order to bring down…
Continue Reading German transport minister opposes EU combustion engine ban
By FRANK JORDANS Associated Press BERLIN (AP) — Germany’s transport minister has announced strong opposition to an European Union plan that bans…
Continue Reading Biden pushing to lower ocean shipping costs, fight inflation
By JOSH BOAK Associated Press WASHINGTON (AP) — President Joe Biden is launching a push to reduce the costs of shipping goods across oceans.…
Continue Reading Beware: The companies that hold your crypto aren’t insured the way banks are
By Jeanne Sahadi, CNN Business The latest “crypto winter,” which sent the values of Bitcoin and other digital currencies plummeting,…
Continue Reading Manhattan median rent hits new high of $4,000 a month
By Anna Bahney, CNN Business Rents keep climbing in Manhattan, hitting a record high in May for the fourth consecutive month. Median rent for an…
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