EXPLAINER: How cryptocurrencies work (and how they don’t)
By THALIA BEATY Associated Press NEW YORK (AP) — The first and most popular cryptocurrency, bitcoin, launched more than a decade ago. Yet for all…
Continue ReadingBiz/Tech
His house was demolished because he is Muslim, he says
By Kashif Kakvi, Rhea Mogul and Esha Mitra, CNN Shahdullah Baig stands among the rubble of what was once his modest two-bedroom home, his belongings…
Continue Reading Surprisingly low Shanghai COVID death count spurs questions
By HUIZHONG WU and DAKE KANG Associated Press TAIPEI, Taiwan (AP) — In Shanghai, a city of 25 million people with hundreds of thousands of COVID-19…
Continue Reading Energy-thirsty Bitcoin miners seek ways to dump fossil fuels
By AMY BETH HANSON Associated Press HELENA, Mont. (AP) — With the cryptocurrency industry under increasing pressure to rein in the environmental…
Continue Reading Police play Disney tunes to prevent video of them on patrol being posted online, California lawmaker claims
Police officers in Santa Ana, California were playing copyrighted music at night to prevent a bystander who was filming their investigation from…
Continue Reading The Obamas and Spotify won’t ink a new podcasting deal
By Oliver Darcy, CNN Business Spotify and the Obamas are headed for a split. The streaming service and former first family will not be inking a new…
Continue Reading Apple Store employees in Atlanta file for union election
By Rishi Iyengar, CNN Business Workers at an Apple Store in Atlanta filed for a union election on Wednesday in a bid to become the first group of…
Continue Reading CSX 1Q profit jumps 22% on higher rates despite service woes
By JOSH FUNK AP Business Writer OMAHA, Neb. (AP) — CSX railroad struggled to keep up with demand in the first three months of the year. But it…
Continue Reading EU says Apple Pay restrictions may harm competitors
CNN, CNN BUSINESS By Brian Fung, CNN Business The European Union is warning Apple about possible antitrust violations after an investigation into the…
Continue Reading Feds: Thousands may have student debt that should be erased
By COLLIN BINKLEY AP Education Writer A new federal report finds that record-keeping failures by the Education Department may have left thousands of…
Continue Reading Convicted NY state judge gets 1 year and 3 months in prison
By LARRY NEUMEISTER Associated Press NEW YORK (AP) — A federal judge has sentenced a former New York state judge to a year and three months in…
Continue Reading Gov. Whitmer wants federal aid to keep nuclear plant open
By JENNIFER McDERMOTT Associated Press Michigan’s Democratic governor wants a nuclear power plant on Lake Michigan to stay open and she’s asking…
Continue Reading Tesla 1Q earnings 7 times more than year ago on strong sales
By TOM KRISHER AP Auto Writer DETROIT (AP) — Tesla has reported first-quarter net earnings over seven times greater than a year ago. The electric…
Continue Reading United Airlines loses $1.4B in 1Q, but expects profit in 2Q
CHICAGO (AP) — United Airlines says it lost $1.38 billion in the first quarter of 2022 but it expects to return to profitability in the current…
Continue Reading
Prominent New Mexico restaurant owner, Billy Crews, loses cabin in Ruidoso fire
RUIDOSO, New Mexico- The past few years have been rough on restaurant owner Billy Crews. It started with the changing of liquor laws in New Mexico,…
Continue Reading How major US stock indexes fared Wednesday
The Associated Press Stock indexes ended mixed on Wall Street Wednesday after another bumpy day of trading. Netflix lost more than a third of its…
Continue Reading Tesla record profit blows away estimates
By Chris Isidore, CNN Business Tesla has posted record profits once again, overcoming supply chain issues that have dogged the broader auto industry…
Continue Reading Texas judge delays Sandy Hook trial after Alex Jones’ companies filed for bankruptcy protection
By Oliver Darcy, CNN Business A Texas judge on Wednesday postponed a trial that will determine how much right-wing conspiracy theorist Alex Jones…
Continue Reading IBM, Stride rise; Netflix, Baker Hughes fall
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Wednesday: IBM, Stride rise; Netflix, Baker Hughes…
Continue Reading Florida Senate passes bill to end Disney self-government
By ANTHONY IZAGUIRRE Associated Press TALLAHASSEE, Fla. (AP) — The Florida Senate has passed a bill to repeal a law allowing Walt Disney World to…
Continue Reading Cryptocurrency miner in latest Russian sanctions targets
By FATIMA HUSSEIN Associated Press WASHINGTON (AP) — The U.S. rolled out new sanctions on Wednesday against more than 40 individuals and entities…
Continue Reading 1 drug company settles ahead of San Francisco opioid trial
SAN FRANCISCO (AP) — Drugmaker Endo Pharmaceuticals has agreed to a $10 million settlement over its role in selling prescription opioids in San…
Continue Reading Years of fruitful relations between Disney, Florida at risk
By MIKE SCHNEIDER and CURT ANDERSON Associated Press ORLANDO, Fla. (AP) — The idea was presented to Florida lawmakers in a movie house outside…
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 Amtrak dumps its nice guy persona in fight for Gulf Coast trains
By Matt McFarland, CNN Business Amtrak is embroiled in a fight that may have vast implications for the future of US rail service, including the…
Continue Reading Correction: 4/20 Cannabis Banking story
SEATTLE (AP) — In a story published April 20, 2022, about marijuana banking reform, The Associated Press erroneously reported that U.S. Sen. Patty…
Continue Reading
New Mexico fines film company over Alec Baldwin shooting
By MORGAN LEE Associated Press SANTA FE, N.M. (AP) — New Mexico workplace safety regulators say they have issued the maximum possible fine against…
Continue Reading IMF, World Bank chiefs warn of debt squeeze in poor nations
By PAUL WISEMAN AP Economics Writer WASHINGTON (AP) — The heads of the International Monetary Fund and the World Bank are warning that rising…
Continue Reading Judge rejects gag order in suit over 2018 Elon Musk tweets
By TOM KRISHER AP Auto Writer DETROIT (AP) — A federal judge in California has rejected a request from shareholders in a lawsuit to force Elon Musk…
Continue Reading Netflix’s world has been turned upside down as stock plunges 35%
By Frank Pallotta, CNN Business Call Eleven and Sheriff Hopper of “Stranger Things,” because Netflix’s world has been turned upside…
Continue Reading