Australia’s Woodside Petroleum pulls out of Myanmar projects
By ELAINE KURTENBACH AP Business Writer BANGKOK (AP) — Australia’s Woodside Petroleum says it is withdrawing from projects in strife-torn…
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Abraaj founder fined staggering $135M by Dubai regulator
By AYA BATRAWY Associated Press DUBAI, United Arab Emirates (AP) — A regulatory body in Dubai is seeking to fine the Pakistani-born founder of…
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Apple is back on top in smartphone sales worldwide after a record win in China
By Michelle Toh, CNN Business Apple has once again become the top-selling smartphone brand in top market China, along with the rest of the world.…
Continue Reading 6 cancer patients sue utility over Fukushima radiation
By MARI YAMAGUCHI Associated Press TOKYO (AP) — Six people who were children living in Fukushima at the time of the 2011 nuclear disaster and have…
Continue Reading EU launches WTO action against China over Lithuania dispute
By RAF CASERT and LORNE COOK Associated Press BRUSSELS (AP) — The European Union says it’s launched action against China at world trade’s…
Continue Reading Asian stocks mixed after Wall Street sinks for third day
By JOE McDONALD AP Business Writer BEIJING (AP) — Asian stock markets are mixed as traders look ahead to data on U.S. employment costs that might…
Continue Reading Pizza Hut is selling its spiciest pizza ever
By Jordan Valinsky, CNN Business Pizza Hut is hopping on the spicy food trend. Beginning Thursday, it’s rolling out the “Spicy…
Continue Reading Global markets retreat after Fed signals rate hikes are coming soon
By Laura He, CNN Business Global stock markets dropped Thursday after the US Federal Reserve signaled it that will move quickly to hike interest…
Continue Reading Anxiety and anger grip press corps in Mexico after spate of murders
By Oliver Darcy, CNN Business A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free…
Continue Reading Japan’s Mitsubishi, energy body join Gates’ nuclear project
TOKYO (AP) — Mitsubishi Heavy Industries and the Japan Atomic Energy Agency have signed an agreement to participate in a next-generation nuclear…
Continue Reading Samsung reports robust profit based on chip strength
SEOUL, South Korea (AP) — Samsung Electronics Co. says its operating profit for the last quarter rose by more than 53% from the same period last…
Continue Reading Another Navy officer pleads guilty in wide-spanning scandal
SAN DIEGO (AP) — A U.S. Navy commander admitted in federal court in San Diego to sending a Malaysian defense contractor classified ship schedules…
Continue Reading England lifts COVID restrictions as omicron threat recedes
By SYLVIA HUI Associated Press LONDON (AP) — Most coronavirus restrictions, including mandatory face masks, have been lifted in England after…
Continue Reading Amazon faces possible union election at New York warehouse
By Sara Ashley O’Brien, CNN Business Workers at an Amazon warehouse in Staten Island have shown enough support to hold a union election, the…
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‘Sold by Amazon’ program ends following state investigation
SEATTLE (AP) — Amazon will end its “Sold by Amazon” program after an investigation by Washington state’s attorney general found it was…
Continue Reading New York AG: No basis for Trump’s lawsuit challenging probe
By MICHAEL R. SISAK Associated Press NEW YORK (AP) — New York’s attorney general wants to put a stop to former President Donald Trump’s…
Continue Reading Why Biden is keeping Trump’s China tariffs in place
By Katie Lobosco, CNN President Joe Biden reversed a number of the Trump administration’s policies during his first year in office — but…
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Moderna begins testing omicron-matched COVID shots in adults
CAMBRIDGE, Mass. (AP) — Moderna has begun testing an omicron-specific version of its COVID-19 vaccine in healthy adults. Moderna announced the…
Continue Reading Gates Foundation adds board members following Bill and Melinda’s divorce
By Jennifer Korn, CNN Business The Bill and Melinda Gates Foundation named four new members to its board of trustees on Wednesday, marking the first…
Continue Reading Official says Puerto Rico’s Senate targeted by cyberattack
SAN JUAN, Puerto Rico (AP) — Puerto Rico’s Senate says it was the target of a cyberattack that disabled its internet provider, phone system and…
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Tesla posts record profit, won’t produce new models in 2022
By TOM KRISHER AP Auto Writer DETROIT (AP) — Tesla Inc. has posted record fourth-quarter and full-year earnings as deliveries of its electric…
Continue Reading NRC fines owner of former nuke plant for 2nd security lapse
By WAYNE PARRY Associated Press LACEY TOWNSHIP, N.J. (AP) — For the second time in as many months, the U.S. Nuclear Regulatory Commission has fined…
Continue Reading Lawyer: Avenatti said he’d represent porn star for a dollar
By LARRY NEUMEISTER Associated Press NEW YORK (AP) — A California lawyer says Michael Avenatti jumped at the chance to represent porn star Stormy…
Continue Reading Rents rose five times faster in 2021 than 2020
By Anna Bahney, CNN Business Rents are continuing to rise across the US. The cost of rent, on average, was 10.1% higher in 2021 than in 2020, growing…
Continue Reading How major US stock indexes fared Wednesday
The Associated Press An early market rally gave way to a broad slide for stocks and a surge in bond yields Wednesday after the Federal Reserve…
Continue Reading Microsoft, Corning rise; Navient, F5 fall
Stocks that traded heavily or had substantial price changes Wednesday: Microsoft, Corning rise; Navient, F5…
Continue Reading Tesla reports record profit, but warns of continued supply chain issues
By Chris Isidore, CNN Business Tesla shook off supply chain issues to more than triple earnings from year-ago results, easily topping Wall…
Continue Reading Families of crash victims ask US to reopen Boeing settlement
By DAVID KOENIG AP Airlines Writer Relatives of passengers who died in one of the fatal crashes of Boeing 737 Max jets are asking the U.S. attorney…
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How Fed hikes could affect mortgages, car loans, card rates
By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — Will mortgage rates go up? How about car loans? Credit cards? How about those nearly…
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…
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