New Zealand hands out extra cash to fight ‘inflation storm’
By NICK PERRY Associated Press WELLINGTON, New Zealand (AP) — New Zealand’s government says it will hand out an extra few hundred dollars to more…
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Indian court frees killer of ex-Prime Minister Rajiv Gandhi
By Esha Mitra, CNN India’s top court on Wednesday granted the release of a man convicted of killing former Indian Prime Minister Rajiv Gandhi,…
Continue Reading Japan records trade deficit as imports surge on energy costs
By YURI KAGEYAMA AP Business Writer TOKYO (AP) — Japan has recorded a trade deficit in April as imports ballooned 28% as energy prices soared while…
Continue Reading North Korea’s suspected COVID-19 caseload nears 2 million
By KIM TONG-HYUNG Associated Press SEOUL, South Korea (AP) — North Korea has reported 262,270 more suspected COVID-19 infections as its pandemic…
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Biden invokes Defense Production Act for formula shortage
WASHINGTON (AP) — President Joe Biden on Wednesday invoked the Defense Production Act to speed production of infant formula and authorized flights…
Continue Reading US stocks got close to a bear market. Here’s what that means
By STAN CHOE and ALEX VEIGA AP Business Writers NEW YORK (AP) — The stock market’s slump this year briefly pulled the S&P 500 into what’s…
Continue Reading Family Dollar closing Arkansas facility where rodents found
By ANDREW DeMILLO Associated Press LITTLE ROCK, Ark. (AP) — Family Dollar says it’s closing an Arkansas distribution facility that prompted a…
Continue Reading S&P 500’s ESG index boots Tesla
By Matt McFarland, CNN Business The S&P 500 index devoted to highlighting companies excelling at ESG, which stands for environmental, social and…
Continue Reading Texas asks Supreme Court to keep state social media censorship law in effect
By Brian Fung and Ariane de Vogue, CNN The Supreme Court should allow a sweeping Texas law to remain in effect that restricts the ability of…
Continue Reading Elon Musk faced SEC questions over his timing in disclosing Twitter stake
CNN, CNNBUSINESS By Clare Duffy, CNN Business Elon Musk has faced questions from the US Securities and Exchange Commission about how and when he…
Continue Reading How major US stock indexes fared Wednesday
The Associated Press Stocks closed sharply lower on Wall Street Wednesday as dismal results from Target renewed fears that inflation is battering…
Continue Reading Federal agency sends team to probe Tesla crash that killed 3
By TOM KRISHER AP Auto Writer DETROIT (AP) — The U.S. government’s road safety agency has dispatched a team to investigate the possibility that a…
Continue Reading New York Attorney General to investigate social media platforms after Buffalo shooting
By Brian Fung, CNN Business New York Attorney General Letitia James is launching an investigation into the social media platforms allegedly used by…
Continue Reading Target posts a stunning drop in profit. Stock plunges
By Paul R. La Monica, CNN Business Target’s earnings didn’t hit the mark. Far from it. The retail giant reported a stunning 52% drop in…
Continue Reading Judge: Trump administration illegally withdrew bird listing
By SCOTT SONNER Associated Press RENO, Nev. (AP) — A federal judge has ruled the Trump administration acted illegally in 2020 when it withdrew an…
Continue Reading JPMorgan shareholders vote down pay bump for CEO Jamie Dimon
By Nicole Goodkind, CNN Business JP Morgan Chase investors on Tuesday voted down a multimillion-dollar payout for CEO Jamie Dimon. The pay proposal…
Continue Reading Target, Lowe’s fall; TJX, Agilysys rise
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Wednesday: Target, Lowe’s fall; TJX, Agilysys…
Continue Reading Big dreams for new Warner Bros. Discovery in ad presentation
By DAVID BAUDER and LYNN ELBER AP Entertainment Writers In what was essentially the company’s public debut, executives at the new Warner Bros.…
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‘Pharma Bro’ Shkreli freed from prison for halfway house
By LARRY NEUMEISTER Associated Press NEW YORK (AP) — Convicted pharmaceutical executive Martin Shkreli has been freed from prison after serving…
Continue Reading Moms seeking formula tire of those who say, just breastfeed
By REBECCA BOONE, LINDSEY TANNER and JENNIFER SINCO KELLEHER Associated Press Some U.S. moms looking for baby formula that is in short supply are…
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A third of US should be considering masks, officials say
By ZEKE MILLER and MIKE STOBBE Associated Press WASHINGTON (AP) — COVID-19 cases are increasing in the United States — and could get even worse…
Continue Reading Cardinal: Pope ordered auditor to resign over spying charge
By NICOLE WINFIELD Associated Press VATICAN CITY (AP) — A Vatican cardinal has shed light on a scandal that had sparked questions about the…
Continue Reading Closing prices for crude oil, gold and other commodities
The Associated Press Closing prices for crude oil, gold and other commodities, and foreign exchange…
Continue Reading Wingstop could soon raise its own chickens
By Danielle Wiener-Bronner, CNN Business Wingstop wants to lower its food supply costs. So it’s considering raising its own chickens.…
Continue Reading Court: Some rail rate talks allowed in price-fixing suits
By JOSH FUNK AP Business Writer OMAHA, Neb. (AP) — A federal appeals court has ruled that details of some of the conversations between the…
Continue Reading Boeing tries to catch up to SpaceX after plenty of drama
CNN, CNN BUSINESS By Jackie Wattles, CNN Business Boeing is the world’s largest aerospace company, a primary US defense contractor, and a titan…
Continue Reading Boeing tries to catch up to SpaceX after plenty of drama
By Jackie Wattles, CNN Business Boeing is the world’s largest aerospace company, a primary US defense contractor, and a titan of a global…
Continue Reading US Treasury says it could block Russian debt payments starting next week
By Matt Egan, CNN Business Treasury Secretary Janet Yellen on Wednesday signaled US officials will likely end a carve-out in Western sanctions that…
Continue Reading Biden’s burdens grow: Sagging global economy adds to US woes
By JOSH BOAK Associated Press WASHINGTON (AP) — President Joe Biden embarks for Asia on Thursday facing a new risk for the economy at home: a…
Continue Reading Some tariffs on China are harming families and businesses, Janet Yellen says
By Matt Egan and Alicia Wallace, CNN Business US Treasury Secretary Janet Yellen on Wednesday criticized the Trump administration’s tariffs on…
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