Google’s Russian business plans to file for bankruptcy
LONDON (AP) — Google says its Russian subsidiary is planning to file for bankruptcy because it can’t pay staff and suppliers. Russian state media…
Continue ReadingBiz/Tech
Target workers at a Virginia store withdraw union petition
By ANNE D’INNOCENZIO AP Retail Writer NEW YORK (AP) — Workers at a Target store in Christiansburg, Virginia, have withdrawn their request…
Continue Reading
Retailers call out Visa and Mastercard for fee hikes that could make inflation worse
By Alicia Wallace, CNN Business Consumers could soon see even higher prices at some stores, after credit card giants Visa and Mastercard raised their…
Continue Reading Following Buffalo shooting, 4chan shows how some platforms are accountable only to themselves
CNN By Clare Duffy and Sara O’Brien, CNN Business The mass shooting in Buffalo, New York, has put a spotlight on 4chan, a largely unmoderated…
Continue Reading Following Buffalo shooting, 4chan shows how some platforms are accountable only to themselves
By Clare Duffy and Sara O’Brien, CNN Business The mass shooting in Buffalo, New York, has put a spotlight on 4chan, a largely unmoderated site…
Continue Reading Davos returns from pandemic with Ukraine, climate in mind
GENEVA (AP) — After a nearly 2-1/2-year hiatus, the Swiss town of Davos is set to again host global elites from business, government and activist…
Continue Reading Burberry reports record profit despite a slowdown in its biggest market
By Sharon Browne-Peter Burberry reported record profits for the year ended in April despite taking a recent sales hit from its biggest market, China.…
Continue Reading UN drops forecast for global economic growth in 2022 to 3.1%
By EDITH M. LEDERER Associated Press UNITED NATIONS (AP) — The United Nations is significantly lowering its forecast for global economic growth…
Continue Reading EU urges members to work together to renew weapons stocks
BRUSSELS (AP) — The European Union is urging member countries to quickly replenish their depleted stocks of ammunition and military equipment.…
Continue Reading Opinion: Want to keep your employees happy? Offer these 5 things
Opinion by Rosabeth Moss Kanter for CNN Business Perspectives To attract workers in today’s tight labor market, companies are touting better…
Continue Reading NY agency files discrimination complaint against Amazon
By HALELUYA HADERO Associated Press A state agency in New York has filed an administrative complaint against Amazon, alleging the e-commerce giant…
Continue Reading With Roe in doubt, some fear tech surveillance of pregnancy
By MARYCLAIRE DALE Associated Press PHILADELPHIA (AP) — Companies that collect data from the digital clues people leave online often know their…
Continue Reading
Blue Origin’s flight, which will include First Mexican-born woman to go into space, delayed
UPDATE: Blue Origin announced its flight, originally scheduled for Friday, May 20, has been delayed. The company said it was due to an issue with the…
Continue Reading Dow tumbles 1,160 points in worst trading day since June 2020
By Nicole Goodkind, CNN Business The old joke goes like this: Two friends are at a resort and one says, “The food here is really…
Continue Reading Green options transforming a wedding industry prone to waste
By LEANNE ITALIE Associated Press NEW YORK (AP) — Brides and grooms who want more sustainable options for their weddings are transforming an…
Continue Reading Germany OKs more COVID-19 vaccine spending for this fall
BERLIN (AP) — Germany’s health minister says the government plans to spend another 830 million euros ($872 million) to buy new coronavirus…
Continue Reading 168-year-old Peterboro Basket Co. closing, cites forest pest
PETERBOROUGH, N.H. (AP) — A 168-year-old company in New Hampshire known for its handwoven, hardwood baskets is closing its factory and stopping…
Continue Reading Worst may not be over for the market. Stocks fall again
CNN, CNNBUSINESS By Paul R. La Monica, CNN Business The 2022 stock market meltdown may not be over just yet. Stocks fell again Thursday, following…
Continue Reading Europe plans to spend $221 billion to ditch Russia’s energy
By Anna Cooban, CNN Business The European Union has unveiled a €210 billion ($221 billion) plan to wean itself off Russian oil and gas. Presenting…
Continue Reading Yellen: Ukraine war fallout threatens ‘stagflation,’ hunger
By FATIMA HUSSEIN Associated Press BONN, Germany (AP) — Treasury Secretary Janet Yellen is warning that Russia’s February invasion of Ukraine has…
Continue Reading Scared investors haven’t hoarded this much cash since 9/11
By Julia Horowitz, CNN Business The mood hanging over financial markets is anxious and gloomy, whether you’re a professional investor or a…
Continue Reading EU rushes out $300 billion roadmap to ditch Russian energy
BRUSSELS (AP) — The European Union’s executive arm is moving to jump-start plans for the EU to abandon Russian energy amid the Kremlin’s war in…
Continue Reading 2022 is the year of all-inclusive travel, and here’s why
By SALLY FRENCH of NerdWallet Many major hotel chains are embracing all-inclusive offerings. For example, Hyatt recently announced an integration…
Continue Reading Consumers shift again, flummoxing big retailers like Target
By ANNE D’INNOCENZIO AP Business Writer NEW YORK (AP) — The pandemic vastly changed the way Americans spend money and now as they return to…
Continue Reading What to know before getting your car wrapped
By RONALD MONTOYA Edmunds Wrapping a vehicle differs from a paint job since the decals can be removed later with no impact on the existing paint,…
Continue Reading 4 EU nations to harness North Sea wind for green transition
By JAN M. OLSEN Associated Press COPENHAGEN, Denmark (AP) — Four EU countries plan to speed up the continent’s green transition and help wean it…
Continue Reading Qatar to boost investment in Spain by $4.9 billion
By JOSEPH WILSON Associated Press BARCELONA, Spain (AP) — Qatar has committed to investing 4.7 billion euros ($4.9 billion) in Spain as the…
Continue Reading Most CEOs are bracing for a recession
By Matt Egan, CNN Business The mood in the C-Suite is darkening. CEO confidence has tumbled to the weakest level since the beginning of the Covid-19…
Continue Reading Why you could be paying 50% more for a jug of milk this year
By Julia Horowitz, CNN Business Prices are rising at the fastest pace in decades, creating a cost-of-living crisis that’s forcing people around…
Continue Reading China: No information provided about March plane crash
BEIJING (AP) — China says that U.S. investigators haven’t released any information about the cause of a China Eastern Airlines jetliner crash in…
Continue Reading