UN: Record number of people without enough to eat in 2021
ROME (AP) — The United Nations says the number of people without enough to eat on a daily basis reached all-time high last year and is poised to…
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Fed issues biggest rate hike in 22 years
By Anneken Tappe, CNN Business The Federal Reserve said Wednesday it is raising interest rates by a half-percentage point to get a handle on the…
Continue Reading A recession may be around the corner. Don’t panic
CNN, CNNBUSINESS By Allison Morrow, CNN Business Around the world, warning signs of a recession are flashing. Wall Street is on edge. Central banks…
Continue Reading Sri Lanka foreign reserves at record low, politics in crisis
BHARATHA MALLAWARACHI Associated Press COLOMBO, Sri Lanka (AP) — Sri Lanka’s finance minister says the South Asian country’s economy is in…
Continue Reading Norway’s Equinor posts strong Q1, to exit Russian ventures
COPENHAGEN, Denmark (AP) — State-owned Equinor ASA of Norway says one if its plants in the Arctic that had been under repairs since a 2020 fire…
Continue Reading Biden showcases deficit progress in bid to counter critics
By JOSH BOAK and FATIMA HUSSEIN Associated Press WASHINGTON (AP) — President Joe Biden is highlighting new figures showing the government’s red…
Continue Reading EU proposes ban on Russian oil imports this year. Hungary says no
By Mark Thompson, CNN Business The European Union is proposing to ban all oil imports from Russia by the end of this year and remove the…
Continue Reading Opinion: Europe should call Russia’s bluff on energy
CNN, CNN BUSINESS Opinion by Paul Hockenos for CNN Business Perspectives Russia’s announcement last week that it was halting all gas deliveries…
Continue Reading EU takes major step toward Russian oil ban, new sanctions
By LORNE COOK and SAMUEL PETREQUIN Associated Press BRUSSELS (AP) — The European Union’s chief executive has called on the 27-nation bloc to ban…
Continue Reading India’s state insurance company to list in biggest IPO
By KRUTIKA PATHI and ASHOK SHARMA Associated Press NEW DELHI (AP) — India is selling shares in its largest state-owned insurer in its biggest…
Continue Reading Asian stocks rise after Fed chair downplays bigger rate hike
By JOE McDONALD AP Business Writer BEIJING (AP) — Asian stock markets have followed Wall Street higher after the Federal Reserve chairman…
Continue Reading Beijing shuts 10% of subway stations to stem COVID-19 spread
BEIJING (AP) — Beijing has closed 60 subway stations as an additional measure against the spread of the coronavirus. The subway authority in a…
Continue Reading Ukraine: Russia using ‘missile terrorism’ in wide attacks
By JON GAMBRELL and CARA ANNA Associated Press LVIV, Ukraine (AP) — Russia is bombarding railroad stations and other targets in an attempt to cut…
Continue Reading 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…
Continue Reading 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…
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