Sri Lanka limits foreign currency holdings amid crisis
By BHARATHA MALLAWARACHI Associated Press COLOMBO, Sri Lanka (AP) — Sri Lanka’s central bank says it will lower the maximum amount of foreign…
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Spirit tells shareholders to reject hostile bid from JetBlue
By MICHELLE CHAPMAN AP Business Writer Spirit Airlines is advising shareholders to reject a tender offer for shares from JetBlue three days after it…
Continue Reading UK freezes assets on Russian airlines, preventing slot sale
LONDON (AP) — Britain has frozen the assets of three Russian airlines, preventing them from selling landing slots at U.K. airports that are worth…
Continue Reading Park outdoors: Ford recalls SUVs due to engine fire risk
DETROIT (AP) — Ford is asking the owners of 350,000 vehicles in to take them to dealers for repairs in three recalls, including about 39,000 that…
Continue Reading Inflation, Russia-Ukraine war draw G7 finance leaders’ focus
By FATIMA HUSSEIN and FRANK JORDANS Associated Press KOENIGSWINTER, Germany (AP) — Finance ministers for the Group of Seven leading economies are…
Continue Reading EU: Nearly 270 cases of salmonella found in chocolate eggs
STOCKHOLM (AP) — European health officials say nearly 270 cases of salmonella infection linked to chocolate Easter eggs have now been reported…
Continue Reading Germany says pandemic not over as court OKs vaccine mandate
By FRANK JORDANS Associated Press BERLIN (AP) — Germany’s health minister is warning that the coronavirus pandemic is not over yet. Health…
Continue Reading Court considers whether US can seize a Russian yacht in Fiji
By NICK PERRY Associated Press WELLINGTON, New Zealand (AP) — On May 5, five U.S. federal agents boarded the massive Russian-owned superyacht…
Continue Reading Asian stocks rise after Wall St slips closer to bear market
By JOE McDONALD AP Business Writer BEIJING (AP) — Asian stock markets are higher after Wall Street fell closer to bear territory, China cut a key…
Continue Reading Shanghai to reopen subways in easing of COVID lockdown
BEIJING (AP) — The locked-down Chinese metropolis of Shanghai will reopen four of its 20 subway lines Sunday as it slowly eases pandemic…
Continue Reading Saban calls out Texas A&M for using NIL deals to buy players
BIRMINGHAM, Ala. (AP) — Alabama coach Nick Saban called out Texas A&M, saying the school was “buying” players with name, image and likeness…
Continue Reading Ukrainian troops surrendering at Mariupol registered as POWs
By OLEKSANDR STASHEVSKYI and CIARAN McQUILLAN Associated Press KYIV, Ukraine (AP) — Russia says hundreds more fighters have emerged from the…
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Global markets slide after a tough day on Wall Street
By Laura He, CNN Business Asian markets mostly closed lower on Thursday and European indexes slid in early trade following a rough day on Wall…
Continue Reading 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…
Continue Reading 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…
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