CEO of rental giant Hertz vows to fix false theft reports
NEW YORK (AP) — The new CEO of Hertz says the company is fixing problems that led to false car-theft charges against some customers. Stephen Scherr…
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JetBlue makes offer for Spirit Airlines, could spark bid war
By DAVID KOENIG AP Airlines Writer JetBlue Airways is trying to buy Spirit Airlines and break up a plan for Spirit to merge with fellow budget…
Continue Reading Carnival, Change Healthcare rise; Block, Acuity fall
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Tuesday: Carnival, Change Healthcare rise; Block, Acuity…
Continue Reading How major US stock indexes fared Tuesday
The Associated Press Stocks closed lower on Wall Street Tuesday and bond yields jumped as remarks by a Federal Reserve governor fueled expectations…
Continue Reading Germany: Deal on radio beacons makes space for wind turbines
BERLIN (AP) — The German government has resolved a long-running spat that will allow the construction of more than 1,000 onshore wind turbines,…
Continue Reading Jury begins deliberations at US trial sparked by 1MBD fraud
By TOM HAYS Associated Press NEW YORK (AP) — A jury has started deliberating at a U.S. trial stemming from an audacious $4.5 billion scheme…
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GM, Honda are teaming up to build a $30,000 electric car
By Matt McFarland, CNN Business Building a cheap car that is also profitable for the manufacturer is shockingly difficult. Because of the high cost…
Continue Reading Inflation is a bigger threat to some Americans. Here’s why
By Anneken Tappe, CNN Business America’s soaring inflation is inflicting pain on household budgets across the United States. But not everyone…
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 Walgreens goes to trial in Florida lawsuit on opioids
By CURT ANDERSON Associated Press ST. PETERSBURG, Fla. (AP) — Most of the defendants in Florida’s lawsuit over the opioid epidemic have settled…
Continue Reading Govt watchdog faults Postal Service analysis of new trucks
By DAVID SHARP and MATTHEW DALY Associated Press WASHINGTON (AP) — A government watchdog says the U.S. Postal Service’s environmental…
Continue Reading America’s casinos off to their fastest 2-month start ever
By WAYNE PARRY Associated Press ATLANTIC CITY, N.J. (AP) — America’s commercial casinos are off to their best two-month start ever, the latest…
Continue Reading Twitter will no longer amplify or recommend Russian government accounts
By Brian Fung, CNN Twitter said Tuesday it will no longer amplify or recommend Russian government accounts on its platform, bringing its stance on…
Continue Reading Twitter will no longer amplify or recommend Russian government accounts
CNN By Brian Fung, CNN Twitter said Tuesday it will no longer amplify or recommend Russian government accounts on its platform, bringing its stance…
Continue Reading Europe is finally coming after Russia’s energy
By Anna Cooban, CNN Business European leaders are planning to phase out Russian coal imports in response to harrowing scenes in Bucha, a suburb of…
Continue Reading Trial testimony: Vatican wanted to pay off London broker
By NICOLE WINFIELD Associated Press VATICAN CITY (AP) — The former head of the Vatican’s financial watchdog has testified that the agency…
Continue Reading White House to extend student loan pause through August
By COLLIN BINKLEY and ZEKE MILLER Associated Press WASHINGTON (AP) — The Biden administration plans to freeze federal student loan payments through…
Continue Reading McDonald’s is bringing back a fan-favorite menu item
By Jordan Valinsky, CNN Business McDonald’s is bringing back Spicy Chicken McNuggets, but not everyone can buy them. The fast food chain said…
Continue Reading Deutsche Bank is the first big bank to forecast a US recession
By Matt Egan, CNN Business The Federal Reserve’s fight against inflation will spark a recession in the United States that begins late next…
Continue Reading The Fed is sounding more and more aggressive
CNN, CNNBUSINESS By Julia Horowitz, CNN Business What does it mean when even the doves at the Federal Reserve start to sound like hawks? Investors…
Continue Reading Boy Scouts reject bid to stop sale of camp to developers
By PAT EATON-ROBB Associated Press A Connecticut Boy Scouts council has rejected the latest offer designed to preserve a 252-acre camp and keep it…
Continue Reading WarnerMedia chief Jason Kilar formally announces his exit as Discovery merger nears completion
By Oliver Darcy and Brian Stelter, CNN Business WarnerMedia chief executive Jason Kilar announced Tuesday that he will depart the company given that…
Continue Reading Instacart adjusts its tipping policy again to address tip baiting
By Sara Ashley O’Brien, CNN Business Instacart is once again tweaking its tipping policy in a bid to address the effects on its workers of a…
Continue Reading EPA rule would finally ban asbestos, carcinogen still in use
By MATTHEW DALY Associated Press WASHINGTON (AP) — The Environmental Protection Agency has proposed a rule to finally ban asbestos, a carcinogen…
Continue Reading As Ukraine war squeezes energy, UK looks again at fracking
By JILL LAWLESS Associated Press LONDON (AP) — The British government has ordered scientists to take a new look at the risks of fracking. It comes…
Continue Reading Virtual meetings are here to stay. Microsoft wants to make them better
By Samantha Murphy Kelly, CNN Business Microsoft is unveiling new Windows features in an attempt to improve the experience of virtual meetings and…
Continue Reading Elon Musk made another $1 billion from his Twitter stake. As if he needs it
CNN, CNNBUSINESS By Chris Isidore, CNN Business Elon Musk has gotten a lot of attention from buying a 9.1% stake in Twitter, along with landing a…
Continue Reading Elon Musk is worth more than twice Warren Buffett and has $100 billion on Jeff Bezos
By Paul R. La Monica, CNN Business How crazy rich is Elon Musk? The Tesla and SpaceX CEO’s net worth is now about a stratospheric $300 billion,…
Continue Reading Twitter says it’s testing an ‘edit’ button
By TALI ARBEL AP Technology Writer Twitter tweeted Tuesday that it is indeed working on a way for users to edit their 280-character messages,…
Continue Reading Opinion: The thin line entrepreneurs must be careful not to cross
Opinion by Scott Galloway for CNN Business Perspectives Remember when Adam Neumann, the CEO of WeWork, pronounced that his startup was going to…
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