Lebanese judge bans directors of 5 largest banks from travel
BEIRUT (AP) — A Lebanese judge has imposed travel bans on the heads of the country’s five largest banks over suspicions related to a possible…
Continue ReadingBiz/Tech
Risk of a US recession as high as 35%, Goldman Sachs says
CNN, CNN BUSINESS By Julia Horowitz, CNN Business Europe’s reliance on energy from Russia has jacked up the odds that the region could enter a…
Continue Reading
Bracing for even higher prices: El Paso manufacturing company feels squeeze from supply shortages, price spikes
EL PASO, Texas – An El Paso manufacturer says a combination of the pandemic, supply chain issues, and the conflict in Ukraine are affecting the…
Continue Reading Russia owes Western banks $120 billion. They won’t get it back
By Charles Riley, CNN Business Goldman Sachs and JPMorgan Chase are the first major Western banks to get out of Russia following the invasion of…
Continue Reading
Electric bikes get second look as the borderland grapples with gas prices
EL PASO, Texas – At a maximum speed of 28 miles per hour, e-bikes can only go so fast. But their popularity is soaring as gas prices rise. El Paso…
Continue Reading What opioid victims told Sacklers when they got the chance
By The Associated Press A virtual hearing Thursday in U.S. Bankruptcy Court gave survivors of opioid addiction and people who lost loved ones to the…
Continue Reading Russia owes Western banks $120 billion. They won’t get it back
CNN By Charles Riley, CNN Business Goldman Sachs and JPMorgan Chase are the first major Western banks to get out of Russia following the invasion of…
Continue Reading Albanians protest price hike, gov’t blames war in Ukraine
By LLAZAR SEMINI Associated Press TIRANA, Albania (AP) — Thousands of Albanians have held protests to complain about significant price hikes in…
Continue Reading Mexican cartels turn to bitcoin, internet, e-commerce
MEXICO CITY (AP) — Drug cartels in Mexico are increasingly turning to the internet, bitcoin and e-commerce to launder money and sell drugs.…
Continue Reading Russia’s economy will be ‘devastated’ by sanctions and further sanctions are under consideration, Janet Yellen says
By Matt Egan, CNN Business The United States and its allies are considering additional sanctions to punish Russia for “atrocities”…
Continue Reading McDonald’s transformed Russia … now it’s abandoning the country
By Danielle Wiener-Bronner, CNN Business When McDonald’s opened its doors in Moscow for the first time, it was a big deal. It was the dead of…
Continue Reading Russia’s richest businessman tells Putin: Don’t take us back to 1917
CNN, CNN BUSINESS By Mark Thompson, CNN Business Russia’s richest businessman has warned the Kremlin against confiscating assets of companies…
Continue Reading Lee Enterprises directors reelected despite hedge fund fight
By JOSH FUNK and MARGERY A. BECK Associated Press OMAHA, Neb. (AP) — Three directors at newspaper publisher Lee Enterprises have been reelected…
Continue Reading US extends mask rule for travel while weighing new approach
By DAVID KOENIG and ZEKE MILLER Associated Press WASHINGTON (AP) — Federal officials are extending the requirement for masks on planes and public…
Continue Reading
United Airlines to bring back workers idled over vaccination
CHICAGO (AP) — United Airlines is bringing back workers who were put on unpaid leave for refusing to get vaccinated against COVID-19. The airline…
Continue Reading These business owners survived Covid. Now gas prices are surging
By Alicia Wallace, CNN Business Earth & Sky Floral Designs, located on the Laguna Pueblo reservation in New Mexico, is the only florist for…
Continue Reading Amazon and Alphabet could give the Dow a 21st century facelift
By Paul R. La Monica, CNN Business Amazon and Google owner Alphabet are two of the most dominant companies on Earth. Each is worth more than $1…
Continue Reading EXPLAINER: What sanctions mean for Roman Abramovich, Chelsea
By ROB HARRIS AP Global Soccer Writer LONDON (AP) — The decision to sanction Roman Abramovich and freeze his assets has left Chelsea to continue…
Continue Reading These business owners survived Covid. Now gas prices are surging
CNN By Alicia Wallace, CNN Business Earth & Sky Floral Designs, located on the Laguna Pueblo reservation in New Mexico, is the only florist for…
Continue Reading These business owners survived Covid. Now gas prices are surging
CNN, WBBM, KCAL, KCBS By Alicia Wallace, CNN Business Earth & Sky Floral Designs, located on the Laguna Pueblo reservation in New Mexico, is the…
Continue Reading Gyo Obata, famed St. Louis-based architect, dies at age 99
ST. LOUIS (AP) — Gyo Obata, an architect whose designs included sports and entertainment arenas, airports and a presidential library, has died. His…
Continue Reading Mortgages rates are on the rise again amid inflation fears
By Anna Bahney, CNN Business Mortgage rates are rising again amid fears of soaring inflation. The 30-year fixed-rate mortgage averaged 3.85% in the…
Continue Reading Long-term US mortgage rates back up this week
By MATT OTT AP Business Writer WASHINGTON (AP) — Average long-term U.S. mortgage rates rose this week but remain at historically low levels, just…
Continue Reading US housing market fuels bidding wars, driving prices higher
By ALEX VEIGA AP Business Writer LOS ANGELES (AP) — Would-be homeowners are increasingly opting to pay sellers more than their asking price in…
Continue Reading Goldman Sachs and JPMorgan are getting out of Russia
By Matt Egan, CNN Business Goldman Sachs is exiting Russia, becoming the first major Wall Street bank to announce plans to do so after the invasion…
Continue Reading Melissa Etheridge ready for Love Rocks NYC benefit’s return
By GLENN GAMBOA AP Business Writer NEW YORK (AP) — This year’s Love Rocks, which takes place at The Beacon Theatre in Manhattan Thursday night,…
Continue Reading Peloton is testing a new rental model
By Jordan Valinsky, CNN Business Peloton is testing a new rental model, marking the fitness company’s first significant strategy change under…
Continue Reading More Americans filed for unemployment benefits last week
By MATT OTT AP Business Writer WASHINGTON (AP) — Slightly more Americans applied for unemployment benefits last week, but layoffs have settled to…
Continue Reading Fool’s gold or safe haven? War puts bitcoin to the test
By Julia Horowitz, CNN Business Advocates of bitcoin have long claimed that the cryptocurrency has much in common with gold. They envision a world in…
Continue Reading Key inflation measure jumps to highest level since January 1982
By Anneken Tappe, CNN Business Prices kept rising last month in America, pushing a key inflation measure to a level not seen since January 1982. The…
Continue Reading