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…
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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…
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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…
Continue Reading Double-decker highways are back. But they’re not going to solve traffic jams
By Matt McFarland, CNN Business Frederica Wilson, the US Congresswoman representing much of Miami, says she must leave home by 6:30 a.m. to beat…
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General Motors to add 8,000 technical workers this year
DETROIT (AP) — General Motors says it wants to add more than 8,000 technical workers this year. The Detroit automaker is looking for software,…
Continue Reading Biden gets CEO support for economic agenda
By JOSH BOAK Associated Press WASHINGTON (AP) — President Joe Biden is getting support from several business leaders on his economic agenda that…
Continue Reading Germany: Telegram becoming a ‘medium for radicalization’
BERLIN (AP) — A top German security official says his agency has created a task force to investigate individuals suspected of using Telegram to…
Continue Reading 6 injured in explosion at Louisiana chemical plant
WESTLAKE, La. (AP) — An explosion at a southwest Louisiana chemical plant has left at least six people with minor injuries. Westlake Chemical South…
Continue Reading The Fed is getting ready to raise interest rates
By Anneken Tappe, CNN Business The Federal Reserve is getting ready to raise interest rates, the central bank said in its monetary policy update…
Continue Reading Climate change is coming for our coffee
By Danielle Wiener-Bronner, CNN Business Bad news for coffee lovers: Climate change will make it much harder to grow Arabica coffee in the coming…
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Longtime KVIA-TV G.M. Kevin Lovell to retire
EL PASO, Texas — Longtime KVIA-TV general manager Kevin Lovell today announced his impending retirement at the end of May. KVIA, the longtime…
Continue Reading Rate hikes are coming: What does that mean for you?
CNN, CNNBUSINESS By Matt Egan, CNN Business The Covid era of free money is coming to an end. After dropping interest rates to zero in March 2020 to…
Continue Reading Wordle-spoiling bot taken down by Twitter
By Jordan Valinsky, CNN Business Twitter has suspended an annoying bot that automatically responded with the next day’s solution when people…
Continue Reading Mattel wins back rights for Disney Frozen, princess products
By MICHELLE CHAPMAN AP Business Writer Toy company Mattel has won back the licensing rights for Disney’s princess and “Frozen” franchises. The…
Continue Reading North Carolina chosen for supersonic passenger jet plant
By GARY D. ROBERTSON Associated Press RALEIGH, N.C. (AP) — A Colorado-based aviation company has chosen North Carolina as the location for a new…
Continue Reading WTO ruling finds China can penalize $645M worth of US goods
GENEVA (AP) — A World Trade Organization arbitrator has decided that China can impose retaliatory tariffs on imports from the United States…
Continue Reading Walmart-backed financial startup buys 2 companies
By ANNE D’INNOCENZIO AP Retail Writer NEW YORK (AP) — The financial technology startup that Walmart is backing will buy two financial…
Continue Reading What is SWIFT and why it might be the weapon Russia fears most
By Charles Riley, CNN Business Some are calling it the “nuclear option.” As Western governments threaten Russia with a package of…
Continue Reading Exclusive: Oscar Mayer hot dogs and Velveeta cheese will get more expensive
By Nathaniel Meyersohn, CNN Business The makers of top food and consumer goods brands plan to raise prices in the spring, dashing shoppers’…
Continue Reading What is SWIFT and why it might be the weapon Russia fears most
CNN, POOL, RUSSIAN MINISTRY OF DEFENSE, HOST TV, UKRAINE MINISTRY OF DEFENSE By Charles Riley, CNN Business Some are calling it the “nuclear…
Continue Reading The pandemic has been great for electric car sales
By Anna Cooban, CNN Business Electric vehicles grabbed a much bigger share of the global car market last year as sales more than doubled despite…
Continue Reading Los Angeles City Council approves phaseout of oil drilling
By DREW COSTLEY AP Science Writer The Los Angeles City Council has approved a measure to ban new oil and gas wells and phase out existing ones. The…
Continue Reading Canada’s central bank leaves interest rate unchanged
By ROB GILLIES Associated Press TORONTO (AP) — Canada’s central bank has declined to raise its benchmark interest rate but says rates will likely…
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