Even as inflation bites, corporate profits remain flush
By STAN CHOE AP Business Writer NEW YORK (AP) — What’s immune to high inflation? So far, the profits at big U.S. companies. Companies have…
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Amazon, union organizers face off again in Alabama
By ANNE D’INNOCENZIO, HALELUYA HADERO, and JAY REEVES BESSEMER, Ala. (AP) — After a crushing defeat last year, the Retail, Wholesale and…
Continue Reading Los Angeles ends its business vaccine verification mandate
By JOHN ANTCZAK Associated Press LOS ANGELES (AP) — The Los Angeles City Council has voted to end its mandate for many indoor businesses and…
Continue Reading Testimony: Pope approved Vatican payout for London property
By NICOLE WINFIELD Associated Press VATICAN CITY (AP) — A suspect in the Vatican’s big embezzlement and fraud trial has testified that Pope…
Continue Reading Firm pays back $20M, insists petrochemical project viable
By MARK GILLISPIE Associated Press CLEVELAND (AP) — The U.S. subsidiary of a Thailand-based petrochemical giant has repaid Ohio’s private…
Continue Reading Growth slows for endangered Mexican gray wolf population
By SUSAN MONTOYA BRYAN Associated Press ALBUQUERQUE, N.M. (AP) — There are now more Mexican gray wolves roaming the southwestern U.S. than at any…
Continue Reading Waymo to expand autonomous vehicle rides to San Francisco
SAN FRANCISCO (AP) — Waymo’s self-driving ride-hailing service is branching out to San Francisco. The Alphabet, Inc., autonomous vehicle unit…
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Why the global supply chain mess is getting so much worse
By Chris Isidore, CNN Business Problems with global supply chains were supposed to be getting better by now. Instead, experts say they are getting…
Continue Reading Florida secures $860M from CVS, others to settle opioid case
By CURT ANDERSON Associated Press ST. PETERSBURG, Fla. (AP) — The CVS drug store company and pharmaceutical companies will pay Florida a combined…
Continue Reading Hungary accuses Ukraine of interfering in upcoming election
By JUSTIN SPIKE Associated Press BUDAPEST, Hungary (AP) — Hungary’s foreign minister has accused Ukraine’s leadership of attempting to…
Continue Reading Russia war ends era of globalization that kept inflation low
By PAUL WISEMAN AP Economics Writer For decades, the free flow of trade across much of the world allowed the richest nations to enjoy easy access to…
Continue Reading European Central Bank chief: No data suggests stagflation
NICOSIA, Cyprus (AP) — The European Central Bank’s president says no data currently suggests that Europe will fall into stagflation, which is…
Continue Reading Saudi Arabia says it deposited $5B in Egypt’s central bank
By SAMY MAGDY Associated Press CAIRO (AP) — Saudi Arabia has announced a $5 billion aid package to cash-strapped Egypt, where the economy is under…
Continue Reading Biden receives 2nd booster, presses Congress on virus funds
By ZEKE MILLER Associated Press WASHINGTON (AP) — President Joe Biden has gotten a second booster dose of the Pfizer COVID vaccine, and he used the…
Continue Reading US growth in Q4 revised lower to 6.9%, slower growth to come
By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — The U.S. economy ended 2021 by expanding at a healthy 6.9% annual pace from October…
Continue Reading EXPLAINER: What would paying for natural gas in rubles mean?
BERLIN (AP) — Russia is demanding payment in rubles for its natural gas exports to Europe. And that is rattling markets already in turmoil because…
Continue Reading US employers added 455,000 private-sector jobs in March, slightly above forecast
By Anneken Tappe, CNN Business America’s private sector added 455,000 jobs in March, the ADP Employment Report showed Wednesday. That was…
Continue Reading Rent relief helped prevent more than one million evictions in 2021
CNN By Anna Bahney, CNN Business The federal government’s emergency rental assistance program helped prevent more than one million evictions…
Continue Reading EU proposes new rules to discourage disposable fast fashion
By RAF CASERT Associated Press BRUSSELS (AP) — The European Union plans to counter the polluting use of fast fashion and is warning consumers to…
Continue Reading BioNTech’s quarterly profit soars on COVID-19 vaccine demand
BERLIN (AP) — BioNTech has reported another quarter of strong earnings growth. The German pharmaceutical company teamed with Pfizer to develop the…
Continue Reading e.l.f Cosmetics and Dunkin’ launch a makeup collection
By Parija Kavilanz, CNN Business Makeup that smells like your favorite Dunkin’ coffee and donut combo? Really. It’s a thing. TikTok fav…
Continue Reading Do bond investors know something others don’t?
By Julia Horowitz, CNN Business As Wall Street regains its footing following the invasion of Ukraine, stocks have been staging a steady comeback. But…
Continue Reading 4 big expenses you could face in retirement
By KATE ASHFORD of NerdWallet Retirement planning is part savings, part guessing game. How much will you need? While many of your day-to-day expenses…
Continue Reading Edmunds: Should you fix your car or buy new?
By RONALD MONTOYA Edmunds As new and used vehicle transaction prices continue to hit record highs due to a nationwide vehicle shortage, many people…
Continue Reading Russian oil tankers are vanishing off the map
By Matt Egan, CNN Business Russia’s invasion of Ukraine made the country a pariah in the global energy market. Since the war started, a de…
Continue Reading Portugal’s new govt sees EU aid as firing up economic growth
By BARRY HATTON Associated Press LISBON, Portugal (AP) — Members of Portugal’s center-left Socialist Party have been sworn into office for the…
Continue Reading The Great Resignation is taking root around the world
By Julia Horowitz, CNN Business In the past 12 months, a record number of Americans have quit their jobs, and workers around the world have been…
Continue Reading Spanish inflation up 9.8% in March, biggest rise since 1985
MADRID (AP) — Spanish authorities say inflation hit a 37-year high in March, rising to 9.8%. That provisional figure released Wednesday is the…
Continue Reading Number of Ukraine refugees passes worst-case U.N. estimate
By BASSAM HATOUM and JAMEY KEATEN Associated Press MEDYKA, Poland (AP) — The U.N. refugee agency says more than 4 million refugees have fled…
Continue Reading German economic advisers slash 2022 growth forecast to 1.8%
BERLIN (AP) — The German government’s panel of independent economic advisers has slashed its 2022 growth forecast for Europe’s biggest economy…
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