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 ReadingBiz/Tech
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 China tries to make nice with Big Tech as economic challenges mount
By Laura He, CNN Business China is trying once again to lift the spirits of its huge tech industry after a bruising regulatory offensive that has…
Continue Reading German ex-leader Schroeder loses privileges over Russia ties
BERLIN (AP) — Germany’s three governing parties plan to strip former Chancellor Gerhard Schroeder of his office and staff after he maintained and…
Continue Reading UN floats plan to boost renewables as climate worries mount
By JAMEY KEATEN Associated Press GENEVA (AP) — U.N. Secretary-General Antonio Guterres is launching a five-point plan to jump-start broader use of…
Continue Reading Europe’s push to cut Russian gas faces a race against winter
By The Associated Press Europeans are basking in the warmth of spring, but their governments are in a race against winter. Europe is trying to cut…
Continue Reading UK inflation hits 40-year high amid Russia’s war in Ukraine
LONDON (AP) — Britain’s inflation rate has risen to the highest level in 40 years as Russia’s war in Ukraine fueled further increases in…
Continue Reading NATO talks with Finland, Sweden falter but will continue
By LORNE COOK Associated Press BRUSSELS (AP) — NATO diplomats say national envoys have failed to reach a consensus about whether to start…
Continue Reading Asian shares track Wall Street’s inflation-fueled retreat
By ELAINE KURTENBACH AP Business Writer TOKYO (AP) — Shares are sharply lower in Asia after a broad retreat on Wall Street. Hong Kong’s Hang…
Continue Reading