European Central Bank head says she’s positive for COVID-19
FRANKFURT, Germany (AP) — European Central Bank President Christine Lagarde has tweeted that she tested positive for COVID-19 and has mild symptoms…
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Trial is ordered for 59 in deadly collapse of Genoa bridge
ROME (AP) — A judge in Genoa has ordered all 59 defendants to stand trial for the 2018 deadly collapse of a heavily used highway bridge in that…
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This Walmart job starts at $95,000 a year
By Nathaniel Meyersohn, CNN Business Walmart is raising pay for long-haul truck drivers, a taxing job that is increasingly difficult for companies to…
Continue Reading What a real estate bubble would mean for homebuyers
By Anna Bahney, CNN Business As if home prices in the US weren’t high enough, now they’re getting even more expensive. Stubbornly low…
Continue Reading SoFi stock plunges after Biden extends student loan payment moratorium
By Paul R. La Monica, CNN Business Good news for student loan holders is bad news for anyone who happens to be an investor in fintech company SoFi.…
Continue Reading Lebanon reaches tentative deal with IMF on economic policies
By BASSEM MROUE Associated Press BEIRUT (AP) — Lebanon and the International Monetary Fund have reached a tentative agreement on comprehensive…
Continue Reading NLRB lawyer seeks to toss out company meetings on unions
The Associated Press The top lawyer for the National Labor Relations Board is asking the board to rule that mandatory meetings held by some companies…
Continue Reading Jobless claims match 1968 low
By Anneken Tappe, CNN Business America’s labor market is on fire. There are far more available jobs than workers and the latest data on initial…
Continue Reading American Airlines will use buses for hops to Philadelphia
FORT WORTH, Texas (AP) — American Airlines is hitting the road. The airline announced a deal Thursday with a bus company that will drive passengers…
Continue Reading Warren Buffett buying spree goes on, HP soars on 11.5% stake
By JOSH FUNK AP Business Writer OMAHA, Neb. (AP) — Shares of HP gained nearly 15% after Warren Buffett’s company snapped up 11.5% of the…
Continue Reading Mortgage rates rise, inching closer to 5%
By Anna Bahney, CNN business Mortgage rates rose again this week, inching closer to 5%. The 30-year fixed-rate mortgage averaged 4.72% in the week…
Continue Reading US moves to choke off exports to 3 Russian airlines
By ERIC TUCKER Associated Press WASHINGTON (AP) — The Biden administration is moving to choke off U.S. exports to three Russian airlines as part of…
Continue Reading Long-term US mortgage rates edge up this week to 4.72%
By MATT OTT AP Business Writer WASHINGTON (AP) — Average long-term U.S. mortgage rates edged up again this week as the key 30-year loan rate hit…
Continue Reading The GMC Hummer EV is a brilliant execution of a terrible idea
By Peter Valdes-Dapena, CNN Business With the GMC Hummer EV, General Motors designers and executives wanted to create a vehicle that would destroy…
Continue Reading Cyprus to ease COVID measures as summer tourist season nears
NICOSIA, Cyprus (AP) — Cyprus is moving to ease COVID-19 restrictions as the key summer tourist season approaches, abolishing the outdoor facemask…
Continue Reading ConAgra cuts outlook as inflation outpaces its price hikes
By MICHELLE CHAPMAN AP Business Writer ConAgra is cutting its outlook for the year with inflation outpacing the price hikes put into place by the…
Continue Reading ECB President Christine Lagarde tests positive for Covid
By Chris Isidore, CNN Business Christine Lagarde, the president of the European Central Bank, disclosed Thursday that she has tested positive for…
Continue Reading Is inflation finally biting into corporate profits?
By STAN CHOE AP Business Writer NEW YORK (AP) — Since inflation began bursting higher last year, big U.S. companies found a simple way to keep…
Continue Reading Major outage forces Puerto Rico to shutter schools, offices
By DÁNICA COTO Associated Press SAN JUAN, Puerto Rico (AP) — More than a million customers in Puerto Rico remain without electricity after a fire…
Continue Reading Google now lets you search by combining images and words
CNN By Rachel Metz, CNN Business Google wants to make it easier to search for things that are hard to describe with just a few words or an image. On…
Continue Reading Google now lets you search by combining images and words
By Rachel Metz, CNN Business Google wants to make it easier to search for things that are hard to describe with just a few words or an image. On…
Continue Reading Finland, Estonia eye floating LNG terminal to ensure supply
HELSINKI (AP) — Finland and Estonia say they are jointly planning to rent a floating liquefied natural gas, or LNG, terminal to ensure gas supply…
Continue Reading Walmart offers supply-chain workers a chance to drive trucks
By ANNE D’INNOCENZIO The Associated Press NEW YORK (AP) — Walmart workers who once unloaded trucks now have a chance to drive them. The…
Continue Reading US jobless claims stay at historically low levels last week
By MATT OTT AP Business Writer WASHINGTON (AP) — Fewer Americans applied for unemployment benefits last week as layoffs remain at historically low…
Continue Reading Gunmen shoot deputy governor of Myanmar Central Bank
By GRANT PECK Associated Press BANGKOK (AP) — Gunmen in Myanmar’s largest city have shot a deputy governor of the central bank less than a…
Continue Reading EU approves Bulgaria’s post-pandemic recovery fund plan
SOFIA, Bulgaria (AP) — European Commission President Ursula von der Leyen says Brussels has given the green light to Bulgaria’s European…
Continue Reading Warren Buffett is buying big again
By Julia Horowitz, CNN Business For years, billionaire investor Warren Buffett has been sitting on a mountain of cash. But with stocks at record…
Continue Reading Shanghai wrestles with food shortages under virus shutdown
By JOE McDONALD AP Business Writer BEIJING (AP) — Residents of Shanghai are struggling to get meat, rice and other food supplies under…
Continue Reading Meta: Russian invasion driving more disinformation online
By DAVID KLEPPER Associated Press A report from Facebook owner Meta finds a big jump this year in disinformation and propaganda linked to…
Continue Reading Ukrainian soldiers’ Facebook accounts targeted by hackers, Meta says
By Donie O’Sullivan and Sean Lyngaas, CNN Business Facebook parent company Meta detailed Thursday an array of shady cyber tactics that it says…
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