Stocks mixed, yields fly as jobs data raises rate outlook
By STAN CHOE, DAMIAN J. TROISE and ALEX VEIGA AP Business Writers NEW YORK (AP) — Stock indexes ended mixed and Treasury yields jumped Friday as…
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CNN shakeup creates fresh challenges for WarnerMedia and Discovery
By Brian Stelter, CNN Business A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free…
Continue Reading House passes bill to boost US computer chip production
By KEVIN FREKING Associated Press WASHINGTON (AP) — Democrats have muscled legislation through the House that they say positions the U.S. to better…
Continue Reading US economy defies omicron and adds 467,000 jobs in January
By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — In a surprising burst of hiring, America’s employers added 467,000 jobs in January…
Continue Reading Northeast grapples with icy roads as storm blows out to sea
By DAVID SHARP, KATHLEEN FOODY and JILL BLEED Associated Press Northeast residents were urged to stay off the roads with temperatures beginning to…
Continue Reading Jury hears opening statements in Sarah Palin’s case against The New York Times
By Sonia Moghe, CNN After a delay of more than a week due to the plaintiff’s having tested positive for Covid, attorneys finally gave opening…
Continue Reading What’s next for CNN
By Brian Stelter, CNN Business On January 25 Jeff Zucker and Allison Gollust arrived together at CNN’s New York office for a very important…
Continue Reading Australian mining magnate takes legal action against Facebook over scam ads
By Hannah Ritchie and Jill Disis, CNN Business Billionaire mining magnate Andrew Forrest is taking legal action against Facebook in Australia after…
Continue Reading Amazon is raising the price of annual Prime memberships to $139
CNN By Clare Duffy, CNN Business Amazon is raising the price of its annual Prime subscriptions from $119 to $139 per year in the United States, the…
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DHS announces creation of new cybersecurity review board
WASHINGTON (AP) — The Department of Homeland Security has announced the creation of a new Cyber Safety Review Board that will have public and…
Continue Reading Snap stock soars 58% after posting profit for 1st time
By BARBARA ORTUTAY AP Technology Writer Investors are snapping up Snap Inc. after the owner of the disappearing message platform Snapchat surprised…
Continue Reading UN calls on US to halt evictions by Native American tribe
DEMING, Wash. (AP) — Experts from the United Nations are calling on the U.S. government to stop the Nooksack Indian Tribe’s ongoing effort to…
Continue Reading CNN exec’s ouster rattles prominent staff at pivotal time
By DAVID BAUDER AP Media Writer NEW YORK (AP) — The abrupt ouster of CNN chief executive Jeff Zucker because of a workplace relationship has left…
Continue Reading Ford earnings hurt by chip shortage
by Chris Isidore, CNN Business Ford reported an unexpected drop in its fourth quarter earnings, rather than the improved results expected by Wall…
Continue Reading MacKenzie Scott donates $133.5 million to educational nonprofit Communities in School
By Jennifer Korn MacKenzie Scott has donated $133.5 million to educational nonprofit Communities in School, an organization that helps students…
Continue Reading How major US stock indexes fared Thursday
The Associated Press A historic plunge in the stock price of Facebook’s parent company helped yank other tech stocks lower on Wall Street Thursday,…
Continue Reading Meta Platforms, Spotify fall; Humana, Ralph Lauren rise
Stocks that traded heavily or had substantial price changes Thursday: Meta Platforms, Spotify fall; Humana, Ralph Lauren…
Continue Reading Amazon is raising the price of annual Prime memberships to $139
By Clare Duffy, CNN Business Amazon is raising the price of its annual Prime subscriptions from $119 to $139 per year in the United States, the…
Continue Reading Ford rides accounting gains, high prices to big 2021 profit
By TOM KRISHER AP Auto Writer DETROIT (AP) — Ford Motor Co. reversed a loss and rode some big accounting charges to post a $17.94 billion net…
Continue Reading Amazon reports strong 4Q results despite supply-chain snags
By ANNE D’INNOCENZIO AP Retail Writer NEW YORK (AP) — Amazon’s profits in the fourth quarter nearly doubled, beating analysts’…
Continue Reading Former Tesla worker sues company alleging abuse ‘reminiscent of the Jim Crow Era’
By Matt McFarland, CNN Business Kaylen Barker, a Black woman who worked at a Tesla manufacturing plant, filed a lawsuit this week in California…
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 Beef giant JBS to pay $52.5M to settle price-fixing lawsuit
By JOSH FUNK Associated Press OMAHA, Neb. (AP) — Meatpacking giant JBS has agreed to a $52.5 million settlement in a beef price-fixing lawsuit that…
Continue Reading US oil prices hit $90 a barrel for the first time since 2014
By Matt Egan, CNN Business US oil prices jumped above $90 a barrel on Thursday for the first time in more than seven years. The latest rally comes…
Continue Reading Equity-rich homeowners are ‘sitting pretty’ amid sky high real estate prices
By Anna Bahney, CNN Business Sky high real estate prices have made a growing number of homeowners “equity rich,” according to a report on…
Continue Reading The big reason the US and UK are facing such a massive labor shortage
Opinion by Carlo Pizzinelli and Ippei Shibata for CNN Business Perspectives Almost two years after the pandemic upended labor markets, job openings…
Continue Reading Wag, a dog-walking startup that once raised $300 million from a single investor, is going public through a SPAC
By Sara Ashley O’Brien, CNN Business Wag, a dog-walking startup that once received $300 million from a single investor only to stumble in…
Continue Reading Meta’s market value just dropped by more than most companies are worth
By Clare Duffy, CNN Business Meta Platforms, the company formerly known as Facebook, just had its worst trading day in its history as a public…
Continue Reading Meta is giving avatars a four-foot buffer zone to cut back on VR harassment
CNN By Rachel Metz, CNN Business Meta, the parent company of Facebook, has a new feature aimed at cutting down on harassment and assault in virtual…
Continue Reading Tribes: Settlement in opioids case will foster healing
By FELICIA FONSECA and TED WARREN Associated Press Money that will flow to Native American tribes as part of an opioid drug settlement with a major…
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