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…
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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…
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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…
Continue Reading Man denies kidnapping charge in alleged murder-for-hire plot
By LISA RATHKE Associated Press BURLINGTON, Vt. (AP) — A Colorado man pleaded not guilty Thursday in federal court in Vermont to kidnapping a man…
Continue Reading Opinion: Small businesses like mine are struggling to deal with rising prices for almost everything
Opinion by Mike Zaffaroni for CNN Business Perspectives The last time the American economy experienced explosive inflation, my company, Liberty…
Continue Reading As natural gas expands in Gulf, residents fear rising damage
By CATHY BUSSEWITZ and MARTHA IRVINE Associated Press LAKE CHARLES, Louisiana (AP) — The front lawn of Lydia Larce’s home is strewn with debris:…
Continue Reading Putin-linked elites, yachts, firms targeted for sanctions
By FATIMA HUSSEIN Associated Press WASHINGTON (AP) — The Treasury Department is targeting yachts, aircrafts, the firms that manage them, Kremlin…
Continue Reading Nonprofit helps formerly incarcerated firefighters get jobs
By EDEN STIFFMAN of The Chronicle of Philanthropy Chronicle of Philanthropy For years California, Florida, Oregon, Washington, and other states have…
Continue Reading Electric supercar maker Rimac receives over $500 million investment from Porsche and others
By Peter Valdes-Dapena, CNN Business Rimac Group, the Croatian maker of exotic electric supercars that now controls Bugatti, announced that it…
Continue Reading In Argentina, groups keep lid on simmering social conflict
By ALMUDENA CALATRAVA Associated Press BUENOS AIRES, Argentina (AP) — Argentina’s economy that has been struggling to recover from the…
Continue Reading Chewy may be getting out of Wall Street’s doghouse
By Paul R. La Monica, CNN Business So much for Amazon eating Chewy’s kibble. The pet supply e-tailer reported surprise profit and sales numbers…
Continue Reading Mortgage rates dip again, but it’s still tough to afford a home
By Anna Bahney, CNN Business Mortgage rates fell slightly this week, marking the third consecutive week of declines. But with rates hovering above 5%…
Continue Reading EU chief: Poland’s actions will decide when it gets funds
WARSAW, Poland (AP) — The European Commission chief says the disbursement of pandemic recovery funds to Poland depends on the government’s…
Continue Reading The world may be careening toward a 1970s-style energy crisis — or worse
CNN, CNNBUSINESS By Matt Egan, CNN Business The world is grappling with gravity-defying energy price spikes on everything from gasoline and natural…
Continue Reading The world may be careening toward a 1970s-style energy crisis — or worse
By Matt Egan, CNN Business The world is grappling with gravity-defying energy price spikes on everything from gasoline and natural gas to coal. Some…
Continue Reading Average long-term US mortgage rates edge down, still over 5%
Associated Press WASHINGTON (AP) — Average long-term U.S. mortgage rates edged down slightly this week, though interest rates on the key 30-year…
Continue Reading Here’s when to say ‘no’ at work
By Kathryn Vasel, CNN Business You’ve just volunteered to help show a new colleague the ropes. But now you’re trying to figure out when…
Continue Reading Amazon said to be impeding House probe of warehouse collapse
By HALELUYA HADERO AP Business Writer Congressional Democrats are accusing Amazon of obstructing their investigation into the company’s labor…
Continue Reading Stellantis, Controlled Thermal in lithium hydroxide deal
By MICHELLE CHAPMAN AP Business Writer Automaker Stellantis has reached a deal to have Controlled Thermal Resources Ltd. supply battery-grade lithium…
Continue Reading Red-hot summer job market awaits US teens as employers sweat
By PAUL WISEMAN and MAE ANDERSON AP Business Writers WASHINGTON (AP) — This is expected to be the best summer job market for teens in 15 years.…
Continue Reading Ford plans to add 6,200 jobs in Ohio, Michigan and Missouri
By TOM KRISHER and PATRICK ORSAGOS Associated Press AVON LAKE, Ohio (AP) — Ford will add 6,200 factory jobs in Michigan, Missouri and Ohio as it…
Continue Reading Avenatti gets 4 years in prison for cheating Stormy Daniels
By BOBBY CAINA CALVAN and LARRY NEUMEISTER Associated Press NEW YORK (AP) — Michael Avenatti was sentenced Thursday to four years in prison for…
Continue Reading Fewer Americans apply for unemployment benefits last week
By MATT OTT AP Business Writer WASHINGTON (AP) — Fewer Americans applied for jobless aid last week with the number of Americans collecting…
Continue Reading OPEC+ alliance boosts oil production as energy prices soar
Associated Press LONDON (AP) — The OPEC oil cartel and allied producing countries including Russia will raise production by 648,000 barrels per day…
Continue Reading $2 trillion in savings may not rescue the economy
By Julia Horowitz, CNN Business The CEO of the biggest US bank estimates that Americans are still sitting on $2 trillion in pandemic-era savings that…
Continue Reading Shanghai’s landmark park revived as COVID restrictions ease
By EMILY WANG FUJIYAMA Associated Press SHANGHAI (AP) — Shanghai’s landmark old city garden has sprung back to life as residents took…
Continue Reading Ukraine facing grinding campaign as it waits for weapons
By JOHN LEICESTER and ELENA BECATOROS Associated Press KYIV, Ukraine (AP) — Ukrainian forces in the country’s east are locked in a grinding…
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