EXPLAINER: What we know about shuttered baby formula plant
By MATTHEW PERRONE AP Health Writer WASHINGTON (AP) — Many questions remain about the shuttered Abbott baby formula plant at the center of a…
Continue ReadingBiz/Tech
Stablecoins were supposed to be ‘stable.’ Then the crash came
By Jon Sarlin, CNN Business Editor’s Note: If you or someone you know is struggling with suicidal thoughts or mental health matters, please…
Continue Reading Fed Chair Jerome Powell: We won’t hesitate to raise rates to tame inflation
By Anneken Tappe, CNN Business Hindsight is 20:20, even for the Federal Reserve. The US central bank is in the midst of a “whatever it…
Continue Reading World’s largest aircraft owner lost 113 planes to Russia due to sanctions
By Chris Isidore, CNN Business AerCap Holdings, the aircraft leasing giant that is the world’s largest owner of jets, lost 113 planes when…
Continue Reading Powell: Fed to keep hiking rates until it controls inflation
By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — Chair Jerome Powell has underscored the Federal Reserve’s determination to keep…
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 World’s largest aircraft owner lost 113 planes to Russia due to sanctions
CNN: ABBOTT NUTRITION, HOUSE TV, SENATE TV, POOL, CNN By Chris Isidore, CNN Business AerCap Holdings, the aircraft leasing giant that is the…
Continue Reading New Iowa law requires more ethanol in state’s gasoline
By DAVID PITT Associated Press PRAIRIE CITY, Iowa (AP) — Iowa is the first state in the nation to require most gas stations to sell fuel with at…
Continue Reading Century 21 is staging a comeback
By Jordan Valinsky, CNN Business Beloved discount store Century 21 is reopening in New York City nearly two years after the pandemic forced it out of…
Continue Reading Elon Musk proves once again that the rules don’t apply to him
By Chris Isidore, CNN Business How do you regulate a man worth more than $200 billion who thinks he knows better than everyone else? The simple…
Continue Reading Elon Musk proves once again that the rules don’t apply to him
CNN, CNNBUSINESS By Chris Isidore, CNN Business How do you regulate a man worth more than $200 billion who thinks he knows better than everyone else?…
Continue Reading Elon Musk proves once again that the rules don’t apply to him
CNN By Chris Isidore, CNN Business How do you regulate a man worth more than $200 billion who thinks he knows better than everyone else? The simple…
Continue Reading Elon Musk proves once again that the rules don’t apply to him
CNN, CNNBUSINESS By Chris Isidore, CNN Business How do you regulate a man worth more than $200 billion who thinks he knows better than everyone else?…
Continue Reading FAA to let United use jets grounded after engine failure
By The Associated Press Federal safety officials are moving to let United Airlines resume using about 50 planes that have been grounded since the…
Continue Reading Fox hosts feel the heat but deflect criticism after Buffalo massacre
By Brian Stelter, CNN Business In the wake of the Buffalo supermarket mass shooting and widespread discussion of far-right violent extremism,…
Continue Reading Fox hosts feel the heat but deflect criticism after Buffalo massacre
CNN, CNN BUSINESS By Brian Stelter, CNN Business In the wake of the Buffalo supermarket mass shooting and widespread discussion of far-right violent…
Continue Reading Fox hosts feel the heat but deflect criticism after Buffalo massacre
CNN By Brian Stelter, CNN Business In the wake of the Buffalo supermarket mass shooting and widespread discussion of far-right violent extremism,…
Continue Reading Fox hosts feel the heat but deflect criticism after Buffalo massacre
CNN By Brian Stelter, CNN Business In the wake of the Buffalo supermarket mass shooting and widespread discussion of far-right violent extremism,…
Continue Reading Europe is still confused about how to pay its Russian gas bills
By Anna Cooban, CNN Business Europe can’t make up its mind on how to pay for Russia natural gas imports that continue to fuel homes, businesses…
Continue Reading House Dems propose $28 million to address formula shortage
By KEVIN FREKING Associated Press WASHINGTON (AP) — House Democrats have unveiled a $28 million emergency spending bill to address the shortage of…
Continue Reading Warren Buffett’s Berkshire Hathaway finally bails on Wells Fargo
By Paul R. La Monica, CNN Business Warren Buffett’s Berkshire Hathaway has been a top investor in Wells Fargo for the past few years, despite…
Continue Reading New York Mayor Eric Adams wants Jamie Dimon to ride the subway to work
By Jordan Valinsky, CNN Business New York Mayor Eric Adams is begging the city’s business leaders, including JPMorgan CEO Jamie Dimon, to ride…
Continue Reading US to ease a few economic sanctions against Venezuela
By REGINA GARCIA CANO Associated Press CARACAS, Venezuela (AP) — The United States government is moving to ease a few economic sanctions on…
Continue Reading Ohio principals reject endorsement deals for prep athletes
By MARK GILLISPIE Associated Press CLEVELAND (AP) — High school principals in Ohio have overwhelmingly rejected a proposal to allow prep athletes…
Continue Reading Elon Musk’s bumpy road to owning Twitter: A timeline
By Jennifer Korn, CNN Business A board seat accepted and then rejected. A stunning $44 billion takeover offer with uncertain financing. And a…
Continue Reading The SEC has asked Elon Musk more questions about his Twitter deal
CNN By Clare Duffy, CNN Business The Securities and Exchange Commission has continued to examine Elon Musk’s investment in and $44 billion deal…
Continue Reading Nearly 43,000 people died on US roads last year, agency says
By TOM KRISHER and HOPE YEN Associated Press DETROIT (AP) — Nearly 43,000 people were killed on U.S. roads last year. That’s the highest…
Continue Reading Prosecutors: NYC investment adviser blamed in $5B fraud
By LARRY NEUMEISTER Associated Press NEW YORK (AP) — Federal authorities say bus drivers and charitable groups were among victims who lost $5…
Continue Reading FDA clears COVID booster shot for healthy kids ages 5 to 11
By LAURAN NEERGAARD AP Medical Writer U.S. regulators have authorized a COVID-19 vaccine booster for healthy children ages 5 to 11. Everyone 12 and…
Continue Reading Opinion: How President Biden can win the energy war with Russia — and lower gas prices
Opinion by Kevin Johnson and Mark Ruffalo for CNN Business Perspectives As energy tensions continue to rise in Europe amidst the war in Ukraine,…
Continue Reading