Nearly half of foreign businesses in Hong Kong are planning to relocate
By Allison Morrow, CNN Business Foreign businesses have for decades reaped the benefits of setting up shop in Hong Kong, a historically stable,…
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Southwest will add a fourth fare level to boost revenue
By DAVID KOENIG AP Airlines Writer DALLAS (AP) — Southwest Airlines is adding a new, fourth fare category to try to boost revenue. Southwest said…
Continue Reading Uber strikes a deal to list New York City taxis on its app
Catherine Thorbecke, CNN Business Uber once waged a fierce battle against the taxi industry. Now it’s teaming up with New York’s iconic…
Continue Reading EU regulator advises AstraZeneca’s COVID drug be cleared
LONDON (AP) — The European Union’s drug regulator says it’s recommending that an antibody drug developed by AstraZeneca be authorized…
Continue Reading Uber strikes a deal to list New York City taxis on its app
CNN, WBBM, KCAL, KCBS Catherine Thorbecke, CNN Business Uber once waged a fierce battle against the taxi industry. Now it’s teaming up with New…
Continue Reading EU agrees on Russia sanctions so far, but energy divides
By RAF CASERT and SAMUEL PETREQUIN Associated Press BRUSSELS (AP) — The European Union has preserved a sense of rarely seen unity through four…
Continue Reading EXPLAINER: How the US and allies can freeze Russian gold
By FATIMA HUSSEIN Associated Press WASHINGTON (AP) — The U.S. and its allies are moving to prohibit financial transactions with Russia’s…
Continue Reading Gas prices are high. Oil CEOs reveal why they’re not drilling more
By Matt Egan, CNN Business The US oil industry doesn’t appear to be in any rush to come to the rescue of Americans struggling with high gas…
Continue Reading Lebanon to keep brother of central bank chief in custody
BEIRUT (AP) — Lebanon is keeping the brother of the country’s embattled central bank governor in custody, days after he was arrested. The…
Continue Reading Nations ‘united’ in seeking to cut Russian oil, gas imports
PARIS (AP) — Dozens of nations, including the United States and much of Europe, say they’re united in seeking to “radically” reduce…
Continue Reading Opening day: CNN+ streaming service ready for launch Tuesday
By DAVID BAUDER AP Media Writer NEW YORK (AP) — After millions of dollars in spending and hundreds of new hires, CNN is ready to launch its CNN+…
Continue Reading NYC lifts vaccine rule that blocked athletes from home games
By MICHELLE L. PRICE Associated Press NEW YORK (AP) — New York City’s mayor has exempted athletes and performers from the city’s vaccine…
Continue Reading Stephen Wilhite, who created GIFs, dies at 74
By Scottie Andrew, CNN James Van Der Beek sobbing. The guy who blinks in disbelief. That disturbing dancing baby. For these and millions more GIFs,…
Continue Reading Motorists flock to Chicago area gas stations for free fuel
CHICAGO (AP) — The chance to get free gasoline is fueling a rush to get in line at some four dozen Chicago-area gas stations. The tab for…
Continue Reading Stephen Wilhite, inventor of the meme-favorite GIF, has died
By TALI ARBEL AP Technology Writer Stephen Wilhite, the inventor of the internet-popular short-video format, the GIF, has died. He was 74. His wife,…
Continue Reading Stock buybacks show no signs of a slowdown so far this year
By DAMIAN J. TROISE AP Business Writer Companies in the S&P 500 bought a record amount of their own stock last year and don’t show any signs of…
Continue Reading Russia’s days as an energy superpower are coming to an end
Opinion by Nikos Tsafos for CNN Business Perspectives In a matter of weeks, the war in Ukraine has upended an energy relationship between Europe and…
Continue Reading After years of rivalry, Uber puts NYC taxi cabs on its app
By MICHELLE CHAPMAN AP Business Writer Uber, hit by driver shortages and a surge in food delivery requests during the pandemic, will begin including…
Continue Reading Tax penalties are a waste of your money. Here’s how to avoid them
By Jeanne Sahadi, CNN Business Unless you enjoy throwing money away, you’ll want to do all you can to avoid being hit with tax penalties and…
Continue Reading Mortgage rates keep climbing
By Anna Bahney, CNN Business Mortgage rates continued to rise amid fears of inflation and geopolitical uncertainty. The 30-year fixed-rate mortgage…
Continue Reading Weekly jobless claims fall to a nearly 53-year low
By Paul R. La Monica, CNN Business Just 187,000 people in the United States filed for initial weekly unemployment benefits last week, lower than…
Continue Reading Pressured by patients, FDA reviews ALS drug with modest data
By MATTHEW PERRONE AP Health Writer WASHINGTON (AP) — The Food and Drug Administration meets next week to review a closely watched drug for ALS, or…
Continue Reading Qatar will stand ‘in solidarity’ with European countries during energy crisis
By Becky Anderson, Mostafa Salem and Adam Pourahmadi, CNN Business Qatar will stand “in solidarity with Europe” and will keep natural gas…
Continue Reading Gas prices are high. Oil CEOs reveal why they’re not drilling more
CNN, CNNBUSINESS By Matt Egan, CNN Business The US oil industry doesn’t appear to be in any rush to come to the rescue of Americans struggling…
Continue Reading Q&A: Bethenny Frankel eyes $100M goal for Ukraine relief
By ALICIA RANCILIO Associated Press NEW YORK (AP) — In the month since Russia’s war with Ukraine began, entrepreneur Bethenny Frankel’s…
Continue Reading Long-term US mortgage rates up to 4.42%, highest since 2019
By MATT OTT AP Business Writer WASHINGTON (AP) — Average long-term U.S. mortgage rates jumped again this week as the 30-year loan rate climbed to…
Continue Reading Swedish bank suspected of money laundering in Estonia
TALLINN, Estonia (AP) — Swedish lender Swedbank says it’s been informed by Estonian authorities that its local subsidiary is suspected of money…
Continue Reading French firms hesitate amid growing pressure to leave Russia
By THOMAS ADAMSON and KELVIN CHAN Associated Press PARIS (AP) — French automaker Renault has moved to pause production at its Moscow plant in an…
Continue Reading NATO extends Stoltenberg term for a year due to Russia’s war
By LORNE COOK Associated Press BRUSSELS (AP) — NATO Secretary-General Jens Stoltenberg will remain in his role for an extra year to help steer the…
Continue Reading Germany unveils fuel subsidies, discounted public transport
BERLIN (AP) — The German government has announced a package of measures to help cushion the blow of high energy prices to consumers, with fuel…
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