Starbucks’ strong US holiday offset by costs, China slump
By DEE-ANN DURBIN AP Business Writer Starbucks had a strong holiday season in the U.S., but those results were offset by higher labor and commodity…
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Google’s Q4 ad sales soar again, parent plans to split stock
By MICHAEL LIEDTKE AP Technology Writer SAN RAMON, Calif. (AP) — Google’s digital advertising empire turned in another strong performance during…
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GM posts record earnings despite chip shortage
By Chris Isidore, CNN Business General Motors reported record earnings for 2021, despite struggling with a shortage of computer chips and other parts…
Continue Reading How major US stock indexes fared Tuesday
The Associated Press Stocks closed higher on Wall Street Tuesday, getting February off to a decent start after a miserable January. The S&P 500,…
Continue Reading Record sales prices drive GM profit up 56% to $10B last year
By TOM KRISHER AP Auto Writer DETROIT (AP) — General Motors increased its net income 56% last year, helped by higher prices for its vehicles that…
Continue Reading America’s national debt surpasses $30 trillion for the first time
By Matt Egan, CNN Business America’s national debt just hit another sobering milestone. Total public debt outstanding is now above $30…
Continue Reading UPS, Gannett rise; AT&T, Pitney Bowes fall
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Tuesday: UPS, Gannett rise; AT&T, Pitney Bowes…
Continue Reading Climate change a rising Fed concern as nominees face hearing
By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — How far the Federal Reserve can go to compel banks to consider the consequences of…
Continue Reading Facebook’s dream of creating its own global cryptocurrency officially comes to an end
By Clare Duffy, CNN Business In June 2019, after years of being under scrutiny for the impact its platforms have on society, Facebook unveiled one of…
Continue Reading New Mexico debates bill to block spent nuclear fuel storage
By SUSAN MONTOYA BRYAN Associated Press ALBUQUERQUE, N.M. (AP) — Gov. Michelle Lujan Grisham and members of New Mexico’s congressional…
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El Paso entrepreneurs: Here’s how you can audition for season 14 of ABC’s ‘Shark Tank’
EL PASO, Texas – Entrepreneurs who hope to come face to face with the sharks on ABC’s hit series ‘Shark Tank’ can take part in an online casting call…
Continue Reading Hydrogen fuel cell, transportation firm to move HQ to Ohio
By MARK GILLISPIE Associated Press CLEVELAND (AP) — A hydrogen fuel cell and transportation company says it plans to move its global headquarters…
Continue Reading Israeli PM to speed up rollout of lasers for missile defense
By LAURIE KELLMAN Associated Press TEL AVIV, Israel (AP) — Israel’s prime minister says the country is speeding up the rollout of a “new…
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 Airline says it will stop monkey shipments after Penn. crash
By DAVID KOENIG AP Airlines Writer The airline that flew a load of monkeys to the U.S. who were later involved in a highway wreck says it will stop…
Continue Reading Iranian supertanker carrying condensate docks in Venezuela
By REGINA GARCIA CANO Associated Press CARACAS, Venezuela (AP) — An Iran-flagged supertanker carrying more than 2 million barrels of condensate has…
Continue Reading Hungarian PM seeks gas deal with Putin amid Ukraine tensions
By JUSTIN SPIKE Associated Press BUDAPEST, Hungary (AP) — Hungarian Prime Minister Viktor Orban lobbied for a higher volume of Russian natural gas…
Continue Reading Next up: Wireless charging for your car
By Peter Valdes-Dapena, CNN Business In a few years, cars going down a road in a historic section of Detroit will theoretically be able to charge…
Continue Reading Cruise offers public first driverless rides in San Francisco
The Associated Press NEW YORK (AP) — Autonomous vehicle taxis are up and running in San Francisco and the public has been invited to try one out.…
Continue Reading Joe Rogan’s path from reality host to Covid controversy king
By Allison Morrow, CNN Business If Joe Rogan wasn’t already a household name before last week, he almost certainly is now. His Spotify-based…
Continue Reading The end: Facebook-backed digital currency Diem sold to bank
By BARBARA ORTUTAY AP Technology Writer A once-ambitious but now faltering Facebook-backed digital currency project known as Diem is dead, its assets…
Continue Reading Mexico’s remittances surged 27% in 2021 to $51.6 billion
MEXICO CITY (AP) — Mexico’s central bank says the money migrants send home to their relatives grew 27.1% in 2021, totaling $51.6 billion. That is…
Continue Reading Native American tribes reach $590 million opioid settlement
By GEOFF MULVIHILL and FELICIA FONSECA Associated Press Native American tribes have reached opioid settlements worth over a half-billion dollars with…
Continue Reading Spotify wants Joe Rogan and every musician. That’s proving impossible
By Frank Pallotta, CNN Business Spotify wants to be the everything-for-everyone audio company. But it’s 2022, and that’s proving…
Continue Reading Manchin, key Dem, says Build Back Better bill is ‘dead’
By ALAN FRAM Associated Press WASHINGTON (AP) — Sen. Joe Manchin says that President Joe Biden’s vast social and environment bill is “dead.”…
Continue Reading Mediator: Purdue Pharma close to reaching a new settlement
By GEOFF MULVIHILL Associated Press With a settlement possibly near, a judge is giving the family that owns OxyContin maker Purdue Pharma 16 more…
Continue Reading Oil prices are still painfully high and OPEC might act, Goldman Sachs says
By Matt Egan, CNN Business Energy prices remain uncomfortably high, and OPEC and its allies are under pressure to come to the rescue. The good news…
Continue Reading ‘I don’t feel like a pro, but I’m acting like a pro.’ These GameStop traders struck gold. Then came the hard part.
By Jon Sarlin, CNN Business It’s like seeing double. The virtually rendered bright yellow Honda Civic Type R Limited Edition that AJ Vanover is…
Continue Reading Tesla recalls all 53,822 vehicles with its ‘full self-driving’ feature
By Matt McFarland, CNN Business Tesla will recall all 53,822 vehicles with its “full self-driving” driver-assist feature after it was…
Continue Reading This year will be an even better one for UPS
By Chris Isidore, CNN Business UPS just completed a record year. The current one will be even better. The delivery company earned $3.2 billion in the…
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