How a battery shortage could threaten US national security
By Matt McFarland, CNN Business Bob Galyen has spent his career building electric car batteries. And he thinks the United States has a problem.…
Continue ReadingBiz/Tech
Slack went down today, but work wasn’t canceled
CNN, CNNBUSINESS By Clare Duffy, CNN Business Slack went down for many users Tuesday morning, throwing off companies that rely on the popular…
Continue Reading
Schalke urges Ukraine peace amid scrutiny of Gazprom sponsor
GELSENKIRCHEN, Germany (AP) — German soccer club Schalke has expressed “great concern” over Moscow’s intervention in Ukraine amid scrutiny of…
Continue Reading Supreme Court won’t take Dakota Access Pipeline case
BISMARCK, N.D. (AP) — The U.S. Supreme Court has refused to consider an appeal of a lawsuit over the Dakota Access Pipeline. Tuesday’s…
Continue Reading Macy’s and Kohl’s get in a knife fight with Wall Street
By Nathaniel Meyersohn, CNN Business Activist investors are circling Macy’s and Kohl’s. The department store chains are fighting back.…
Continue Reading Inflation keeps weighing on consumer confidence
By Anneken Tappe, CNN Business American consumer confidence slipped again in February, a new report from the Conference Board said Tuesday. The index…
Continue Reading Supreme Court rejects Epstein sex abuse accuser’s lawsuit
By JESSICA GRESKO Associated Press WASHINGTON (AP) — The Supreme Court is leaving in place a decision throwing out a lawsuit filed by a woman who…
Continue Reading EXPLAINER: A look at toughest US sanctions facing Russia
By ELLEN KNICKMEYER and FATIMA HUSSEIN Associated Press WASHINGTON (AP) — The Biden administration has launched the first of what could be an…
Continue Reading Energy price shock from the Russia-Ukraine crisis could hurt the economy
By Matt Egan, CNN Business As oil rapidly approaches $100 a barrel, JPMorgan warned Tuesday that a spike in energy prices and other ripple effects…
Continue Reading High court takes case involving refusal to serve gay couples
By JESSICA GRESKO Associated Press WASHINGTON (AP) — The Supreme Court has agreed to hear a new clash involving religion and the rights of LGBT…
Continue Reading US consumer confidence dips slightly but remains high
By MATT OTT AP Business Writer SILVER SPRING, Md. (AP) — U.S. consumer confidence declined modestly this month but remains high, even as prices for…
Continue Reading The Dow’s top stock of 2021 is off to a rough start this year
By Paul R. La Monica, CNN Business Home Depot was the Dow’s best-performing stock in 2021, soaring more than 55% thanks to strong demand from…
Continue Reading The Middle East already has a crypto hub, and it’s not Dubai
By Eoin McSweeney, CNN When the world’s biggest cryptocurrency exchange decided in December to set up an advisory body in Dubai, local bitcoin…
Continue Reading Insurer Humana, Starboard agree to add independent directors
By The Associated Press Humana is adding two more independent directors to its board under an agreement with activist hedge fund Starboard Value. The…
Continue Reading Home prices skyrocketed last year. Two regions saw the biggest increases
By Anna Bahney, CNN Business Home prices rose 18.8% in 2021, according to the S&P CoreLogic Case-Shiller US National Home Price Index, the…
Continue Reading Elon Musk accuses the SEC of illegally leaking details of its Tesla investigation
By Chris Isidore, CNN Business Tesla CEO Elon Musk is escalating his battle with the Securities and Exchange Commission, accusing a staff member of…
Continue Reading Standard General taking Tegna private in $5.4B cash deal
Standard General is taking television station owner Tegna private in an all-cash deal valued at about $5.4 billion. An affiliate of Standard General…
Continue Reading Here’s where you can get boozy Mountain Dew first
By Jordan Valinsky, CNN Business The highly anticipated arrival of boozy Mountain Dew is finally here, but not everyone will be able to get it at…
Continue Reading EXPLAINER: What is the Russia-Europe Nord Stream 2 pipeline?
By DAVID McHUGH AP Business Writer FRANKFURT, Germany (AP) — Germany has suspended the approval process for Russia’s Nord Stream 2 gas…
Continue Reading EU advises further relaxing travel rules for foreigners
BRUSSELS (AP) — European Union member countries agree they should further facilitate tourist travel into the 27-nation bloc for people who are…
Continue Reading Philippines signs $624 million deal for 32 Black Hawks
MANILA, Philippines (AP) — The Philippines has signed a $624 million deal to purchase 32 Black Hawk helicopters from a Polish aircraft…
Continue Reading Macy’s Q4 results tops analysts’ estimates, completes review
By ANNE D’INNOCENZIO The Associated Press NEW YORK (AP) — Macy’s is reporting strong fourth-quarter sales and profits that exceeded Wall…
Continue Reading Germany halts Nord Stream 2 and Russia responds with a stark warning
By Charles Riley and Julia Horowitz, CNN Business The West showed Tuesday it was ready to target Russia’s huge energy industry — even at the…
Continue Reading AT&T is shutting down its 3G network. Here’s how it could impact you
By Samantha Murphy Kelly, CNN Business Twenty years after 3G was first introduced in the United States, paving the way for a new generation of mobile…
Continue Reading Russia is already paying a hefty financial price for its aggression
By Charles Riley, CNN Business Russian stocks whipsawed and the ruble rebounded from a near-record low on Tuesday as investors reacted to President…
Continue Reading West hits back with sanctions for Russia’s Ukraine actions
By RAF CASERT, AAMER MADHANI and ZEKE MILLER Associated Press BRUSSELS (AP) — The U.S. and all 27 European Union member nations are ordering…
Continue Reading Millennial Money: How one-income couples can remain equals
By SARA RATHNER of NerdWallet Because of the pandemic, many two-income couples became one-income couples thanks to caregiving obligations or…
Continue Reading Germany halts Nord Stream 2 and Russia responds with a stark warning
CNN, CNNBUSINESS By Charles Riley and Julia Horowitz, CNN Business The West showed Tuesday it was ready to target Russia’s huge energy industry…
Continue Reading Russia is already paying a hefty financial price for its aggression
CNN By Charles Riley, CNN Business Russian stocks plunged and the ruble slid closer to a record low on Tuesday as investors reacted to President…
Continue Reading Dow falls more than 460 points as Russia-Ukraine worries sink sentiment
CNN, CNNBUSINESS By Paul R. La Monica, CNN Business Wall Street’s attempt for a Wednesday rally failed, with stocks closing broadly lower on…
Continue Reading