British govt yet to OK Chelsea sale by sanctioned Abramovich
By ROB HARRIS AP Global Soccer Writer The British government has yet to approve the sale of Premier League club Chelsea to a consortium fronted by…
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Obama, Airbnb’s Brian Chesky launch $100M in scholarships
Associated Press NEW YORK (AP) — The co-founder and CEO of Airbnb, Brian Chesky, has donated $100 million to the Obama Foundation to fund…
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The Fed’s slow response to inflation was a mistake, says ex-chair Ben Bernanke
By Nicole Goodkind, CNN Business The first rule of running the Federal Reserve is: You do not criticize the Federal Reserve. An unspoken edict…
Continue Reading Yellen meets war refugees in Poland, pushes food crisis plan
By MONIKA SCISLOWSKA and FATIMA HUSSEIN Associated Press WARSAW, Poland (AP) — U.S. Treasury Secretary Janet Yellen has met with Ukrainian refugees…
Continue Reading Get on your bike: Coldplay hopes to lead with a green tour
By MARK KENNEDY AP Entertainment Writer NEW YORK (AP) — It’s often said that fans at live concerts give the band a jolt of electricity. Coldplay…
Continue Reading Ransomware gang threatens to overthrow Costa Rica government
By JAVIER CÓRDOBA Associated Press SAN JOSE, Costa Rica (AP) — A ransomware gang that infiltrated some Costa Rican government computer systems has…
Continue Reading Walmart has a new way to turn college grads into store managers
By Nathaniel Meyersohn, CNN Business Walmart is creating a new program to fast-track recent college graduates into store manager positions —…
Continue Reading Stocks could fall a lot further
By Paul R. La Monica, CNN Business Stocks have been tumbling all year. The Nasdaq, down nearly 25% in 2022, is in a bear market. The S&P 500 is…
Continue Reading The Dow is on its longest weekly losing streak since 1923
CNN, CNNBUSINESS By Matt Egan, CNN Business The stock market selloff hit pause Friday, but the Dow Jones Industrial Average couldn’t avoid its…
Continue Reading CVS exec: People deserve fair shot at being healthy
By TOM MURPHY AP Health Writer The new chief health equity officer at CVS Health hopes she will have more influence in fixing care disparities before…
Continue Reading $5 gas could become widespread as prices hit another record
By Matt Egan, CNN Business Prices at the pump continue to shatter records ahead of Memorial Day weekend. The national average for regular gas hit a…
Continue Reading Sri Lanka proposes privatizing national airline amid crisis
By KRISHAN FRANCIS Associated Press COLOMBO, Sri Lanka (AP) — Sri Lanka’s new prime minister wants to privatize the country’s loss-making…
Continue Reading Fox tries something new by holding release of fall schedule
By DAVID BAUDER and LYNN ELBER AP Entertainment Writers NEW YORK (AP) — During a week in mid-May, broadcast television networks traditionally…
Continue Reading How early traumas can affect your relationship with money
By Jeanne Sahadi, CNN Business Divorce. Job loss. Business failure. Eviction. Bankruptcy. Poverty. Few people get through life without experiencing a…
Continue Reading In US, states struggle to replace fossil fuel tax revenue
By MORGAN LEE and MEAD GRUVER Associated Press SANTA FE, N.M. (AP) — Major energy producing states from Alaska to Pennsylvania are reaping a…
Continue Reading French carmaker Renault to sell Russian operations to Moscow
By The Associated Press Russia will take control of French car manufacturer Renault’s operations in the country and resurrect a Soviet-era auto…
Continue Reading EXPLAINER: White ‘replacement theory’ fuels racist attacks
By DAVID BAUDER AP Media Writer NEW YORK (AP) — Investigators are still piecing together the motives of the mass shooter who killed 10 people at a…
Continue Reading Starbucks will cover travel for workers seeking abortions
By MICHELLE CHAPMAN and DEE-ANN DURBIN AP Business Writers Starbucks says it will pay travel expenses for U.S. employees to access abortion or…
Continue Reading Carlyle Group to acquire ManTech in $4.2B all-cash deal
The Associated Press NEW YORK (AP) — Washington, D.C.-based investment firm Carlyle Group is buying defense contractor ManTech in an all-cash deal…
Continue Reading The Fed has a new plan to avoid recession: Party like it’s 1994
By Nicole Goodkind, CNN Business Wide leg jeans, butterfly clips and half-point rate increases: The 1990s are back. Earlier this month Federal…
Continue Reading Turkey objects as Sweden, Finland seek NATO membership
By KARL RITTER Associated Press STOCKHOLM (AP) — Turkey´s president is objecting to Sweden and Finland´s historic bid to join NATO. President…
Continue Reading Scared investors haven’t hoarded this much cash since 9/11
CNN 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 The pandemic-era rally is now a distant memory for some stocks
By Julia Horowitz, CNN Business US banks had a stellar run in late 2020 and 2021. Stocks in the sector soared roughly 80%, powered by the strong…
Continue Reading Goldman Sachs gives top bankers unlimited vacation days
By Allison Morrow, CNN Business Goldman Sachs, fighting a war for talent amid scrutiny of the bank’s notoriously grueling work culture, is…
Continue Reading EXPLAINER: Next steps for Finland, Sweden on NATO membership
By LORNE COOK Associated Press BRUSSELS (AP) — Finland and Sweden say they want to join NATO in response to Russia’s war on Ukraine. Things will…
Continue Reading Liz Weston: How to reduce taxes when you sell your home
By LIZ WESTON of NerdWallet Home values have been soaring — but the amount of home sale profit you can shelter from taxes has not. The…
Continue Reading EU cuts forecast for economic growth as war’s fallout widens
BRUSSELS (AP) — The European Union has slashed its forecasts for economic growth in the 27-nation bloc amid the prospect of a drawn-out Russian war…
Continue Reading McDonald’s is leaving Russia altogether
By Jordan Valinsky, CNN Business McDonald’s became the symbol of glasnost in action 30 years ago when it opened its first restaurant in Moscow.…
Continue Reading Rebuffed by Spirit, JetBlue goes hostile in takeover bid
By DAVID KOENIG and MICHELLE CHAPMAN AP Business Writers JetBlue is going hostile in its bid for Spirit Airlines. And it’s asking Spirit…
Continue Reading De-Arching: McDonald’s to sell Russia business, exit country
By DAVID KOENIG and DEE-ANN DURBIN AP Business Writers McDonald’s says it’s started the process of selling its Russian business, which…
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