Didi is facing an SEC probe into its botched IPO, company says
By Laura He, CNN Business Didi says it is facing an investigation by US regulators into its botched IPO last year. The Chinese ride-hailing giant…
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Norman Mineta, transportation secretary in 9/11 era, dies
By BRIAN WITTE and TERENCE CHEA Associated Press ANNAPOLIS, Md. (AP) — Norman Mineta, who as federal transportation secretary ordered commercial…
Continue Reading Hawaii Legislature passes bill raising minimum wage to $18
By AUDREY McAVOY Associated Press HONOLULU (AP) — Hawaii lawmakers have passed legislation that would hike the state’s minimum wage to $18 an…
Continue Reading Leonard Ignelzi, renowned AP photographer, dies at 74
By ELLIOT SPAGAT and BERNIE WILSON Associated Press SAN DIEGO (AP) — Leonard Ignelzi, who produced breathtaking images of Hall of Fame careers,…
Continue Reading Airbnb’s business is booming — and rates are rising
By Sara Ashley O’Brien, CNN Business Airbnb reported more than 100 million bookings during the first quarter of this year, a record for the…
Continue Reading Woman whose son was killed in tornado criticizes Amazon
EDWARDSVILLE, Ill. (AP) — The mother of a man killed in December when a tornado slammed into an Amazon warehouse in Edwardsville, Illinois, is…
Continue Reading ABC News correspondent Jonathan Karl tests positive for Covid-19 after White House Correspondents Dinner
By Paul LeBlanc and Oliver Darcy, CNN ABC News’ Chief Washington Correspondent Jonathan Karl tested positive for Covid-19 Monday night, a…
Continue Reading Starbucks will raise wages again — but not for unionized workers
By Danielle Wiener-Bronner, CNN Business Starbucks interim CEO Howard Schultz has a message for workers interested in unionizing: If you do, you…
Continue Reading VP Harris to meet with Amazon Labor Union and other grassroots organizers
By Brian Fung and Sara O’Brien, CNN Business Vice President Kamala Harris and Labor Secretary Marty Walsh will meet with union leaders Thursday…
Continue Reading EPA recommends against reissuing permit for PolyMet mine
ST. PAUL, Minn. (AP) — Federal regulators are recommending that the Army Corps of Engineers decline to reissue a key permit for the proposed…
Continue Reading CBS declares television season victory with weeks to go
By DAVID BAUDER AP Media Writer NEW YORK (AP) — CBS declared itself the most popular prime-time television network for the season, even though…
Continue Reading Washington reaches $518M settlement with opioid distributors
By GENE JOHNSON Associated Press SEATTLE (AP) — Months into a complex trial over their role in flooding Washington with highly addictive…
Continue Reading Man convicted in $60M film finance fraud scheme
FORT LAUDERDALE, Fla. (AP) — An Oklahoma man claiming to be a film financier has been convicted in South Florida of participating in a scheme to…
Continue Reading LinkedIn settles with U.S. over alleged pay discrimination
SAN FRANCISCO (AP) — The career-networking service LinkedIn has agreed to pay $1.8 million in back wages to hundreds of female workers to settle a…
Continue Reading Airbnb posts much smaller Q1 loss, revenue doubles from 2021
By DAVID KOENIG AP Business Writer Airbnb is getting a boost from the rebound in travel. The lodging-reservations company said Tuesday that while it…
Continue Reading How major US stock indexes fared Tuesday
The Associated Press Stocks closed modestly higher on Wall Street Tuesday as investors await Wednesday’s decision by the Federal Reserve on…
Continue Reading BP, Clorox rise; Chegg, Expedia fall
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Tuesday: BP, Clorox rise; Chegg, Expedia…
Continue Reading Starbucks reports record Q2 sales, enhances worker benefits
By DEE-ANN DURBIN AP Business Writer Starbucks’ sales climbed to a record $7.6 billion in its fiscal second quarter, but its profits took a hit…
Continue Reading Even as COVID cases rise, mask mandates stay shelved
By BOBBY CAINA CALVAN and STEVE LeBLANC Associated Press NEW YORK (AP) — As mask mandates and vaccination rules kept falling across the U.S.,…
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 US to hold back Lake Powell water to protect hydropower
By SAM METZ Associated Press SALT LAKE CITY (AP) — Federal water officials have announced they’ll keep hundreds of billions of gallons of…
Continue Reading Jon Yaged to succeed Don Weisberg as Macmillan CEO
NEW YORK (AP) — The CEO of Macmillan Publishers, Don Weisberg, will step down at the end of the year. Jon Yaged, currently the company’s…
Continue Reading Change trains: Mexico favors N. Mexico over Texas
By MARK STEVENSON Associated Press MEXICO CITY (AP) — The Mexican government is snubbing Texas and moving a proposed border rail link to New…
Continue Reading Rocket Lab will try helicopter catch again, but it may take months
By Jackie Wattles, CNN Business Rocket Lab this week made an ostentatious attempt to catch a rocket as it fell from space using a hook-wielding…
Continue Reading CDC restates recommendation for masks on planes, trains
By MIKE STOBBE AP Medical Writer NEW YORK (AP) — U.S. health officials are restating their recommendation that Americans wear masks on planes,…
Continue Reading Sri Lanka opposition seeks no-confidence vote on Rajapaksas
By KRISHAN FRANCIS Associated Press COLOMBO, Sri Lanka (AP) — Sri Lanka’s main opposition party is demanding a no-confidence vote aimed at…
Continue Reading These retirement bills let older workers put even more into their 401(k)s
By Jeanne Sahadi, CNN Business If a popular piece of retirement legislation makes it to President Biden’s desk this year, it would give older…
Continue Reading Watch what it’s like aboard a Blue Origin flight from takeoff to landing
CNN, CNN BUSINESS By Jackie Wattles, CNN Business Two passengers that flew on one of Blue Origin’s supersonic flights to the edge of space have…
Continue Reading Watch what it’s like aboard a Blue Origin flight from takeoff to landing
By Jackie Wattles, CNN Business Two passengers that flew on one of Blue Origin’s supersonic flights to the edge of space have shared footage of…
Continue Reading These companies will help staff in red states bypass abortion bans
By Allison Morrow, CNN Business Millions of women in more than 25 states face an abortion ban if the Supreme Court overturns Roe v. Wade, the…
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