Germany’s Scholz asks ex-chancellor to cut Russian biz ties
BERLIN (AP) — German Chancellor Olaf Scholz has asked former Chancellor Gerhard Schroeder to resign from his posts at Russian state-owned…
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RT America ceases productions and lays off most of its staff
By Oliver Darcy, CNN Business RT America will cease productions and lay off most of its staff, according to a memo CNN obtained from T&R…
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 CNN, BBC, and others suspend broadcasting from Russia after Putin signs law limiting press
CNN By Oliver Darcy, CNN Business Russian President Vladimir Putin’s creeping authoritarianism got a lot more overt on Friday when he signed a…
Continue Reading Rivian rolls back price hikes on preorders after backlash
By Matt McFarland, CNN Business Rivian is rolling back price hikes on preordered vehicles following backlash from its customers. Rivian CEO RJ…
Continue Reading Russia’s top radio station shut amid crackdown on dissent
MOSCOW (AP) — Russia’s top independent radio station has been shut and a leading independent TV station has suspended its operations as Russian…
Continue Reading SpaceX sent Starlink internet terminals to Ukraine. They could paint a ‘giant target’ on users’ backs, experts say
By Jackie Wattles, CNN Business SpaceX CEO Elon Musk sent a truckload of Starlink antennas — which can be used to connect to the company’s…
Continue Reading Purdue Pharma and Sacklers reach $6 billion opioid settlement agreement with states
By Lauren del Valle, CNN Business Purdue Pharma and the Sackler families reached a settlement with a group of states this week that would require the…
Continue Reading The future of Best Buy: At-home gyms, e-bikes and outdoor grills
By Nathaniel Meyersohn, CNN Business Best Buy built a retail empire selling TVs and laptops. But to keep growing and fend off rivals like Amazon and…
Continue Reading SpaceX sent Starlink internet terminals to Ukraine. They could paint a ‘giant target’ on users’ backs, experts say
CNN By Jackie Wattles, CNN Business SpaceX CEO Elon Musk sent a truckload of Starlink antennas — which can be used to connect to the…
Continue Reading Ben & Jerry’s stops making ice cream in Israel. Its Israeli manufacturer is suing
By Jordan Valinsky, CNN Business Ben & Jerry’s decision to stop manufacturing ice cream in Israel sparked a lawsuit from its Israeli…
Continue Reading Is NYC ready to move on from COVID? Depends on who you ask
By BOBBY CAINA CALVAN and DEEPTI HAJELA Associated Press NEW YORK (AP) — An important milestone in New York City’s progress against COVID-19…
Continue Reading How to help Ukrainians affected by Russian invasion
By HALELUYA HADERO AP Business Writer Amid the conflict triggered in Ukraine by the Russian invasion, many aid organizations are raising funds to…
Continue Reading Fed’s Powell: Russia’s war on Ukraine will worsen inflation
By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — Federal Reserve Chair Jerome Powell warned that Russia’s invasion of Ukraine, which…
Continue Reading Oil price shocks cause recessions. Will this one do the same?
By Paul R. La Monica, CNN Business Crude oil prices briefly surged to their highest levels since 2008 Thursday morning before pulling back a bit.…
Continue Reading Musk invites auto union to hold organizing vote at factory
DETROIT (AP) — Elon Musk is inviting the United Auto Workers union to hold an organizing vote at Tesla’s factory in Fremont, California. On…
Continue Reading Oil prices touch highest level since September 2008, when Lehman Brothers collapsed
By Matt Egan US oil prices briefly spiked on Thursday to their highest level in nearly 14 years, as concerns about disruptions to Russia’s…
Continue Reading Russian oil isn’t sanctioned, but nobody wants to touch it anyway
By Matt Egan, CNN Business The war in Ukraine is raging. The oil market is panicking. Russian oil has not been directly targeted by the West’s…
Continue Reading Russian oil isn’t sanctioned, but nobody wants to touch it anyway
CNN By Matt Egan, CNN Business The war in Ukraine is raging. The oil market is panicking. Russian oil has not been directly targeted by the…
Continue Reading Ukraine’s request to cut off Russia from the global internet has been rejected
By Brian Fung, CNN Business The international non-profit that coordinates management of the internet told Ukraine it will not intervene in the…
Continue Reading Elon Musk challenges the UAW to unionize Tesla
By Chris Isidore, CNN Business Tesla CEO Elon Musk, a vocal critic of unions and the United Auto Workers’ efforts to organize his employees, is…
Continue Reading Purdue Pharma, US states agree to new opioid settlement
By GEOFF MULVIHILL and JOHN SEEWER Associated Press OxyContin maker Purdue Pharma has reached a nationwide settlement over its role in the opioid…
Continue Reading Liquor stores and supermarkets ditch Russian vodka. Importers say boycotts won’t punish Putin
By Jordan Valinsky, CNN Business Russian-made vodka brands face intense backlash, with calls for boycotts spreading this week to about a dozen US…
Continue Reading Rebel gunmen kill 8 technicians in Indonesia’s restive Papua
By ALFIAN KARTONO Associated Press JAYAPURA, Indonesia (AP) — Indonesian authorities and Papua rebels say separatists killed eight technicians…
Continue Reading How Russia’s invasion of Ukraine changed the global economy in a week
By Charles Riley, CNN Business A week of war in Ukraine has rocked the global economy, as quick-fire Western sanctions isolated Russia, collapsed its…
Continue Reading Conflict in Ukraine pushes mortgage rates lower
By Anna Bahney, CNN Business Russia’s invasion of Ukraine helped send mortgage rates lower last week. This is the second week in a row rates…
Continue Reading Long-term US mortgage rates fall this week to 3.76%
By MATT OTT AP Business Writer WASHINGTON (AP) — Average long-term U.S. mortgage rates fell this week and remain at historically low levels, just…
Continue Reading Sri Lankan ministers sacked for criticizing economic policy
By KRISHAN FRANCIS Associated Press COLOMBO, Sri Lanka (AP) — Sri Lanka’s president has dismissed two more Cabinet ministers after they publicly…
Continue Reading Economists expect a strong jobs report Friday. What if they’re wrong again?
By Anneken Tappe, CNN Business Forecasting the pace of the recovery has been tough, and many economists have got their predictions very wrong over…
Continue Reading Twitter expands Birdwatch, its crowdsourced fact check pilot
By BARBARA ORTUTAY AP Technology Writer Twitter is expanding Birdwatch, its crowd-sourced fact checking project it started as a small and…
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