Think your home value is soaring? Talk to a farmer
By SCOTT McFETRIDGE Associated Press DES MOINES, Iowa (AP) — For all the talk about rising U.S. home values in cities and suburbs, they have…
Continue ReadingBiz/Tech
Russia hits all-time high of new infections, blames omicron
By DASHA LITVINOVA Associated Press MOSCOW (AP) — Daily new coronavirus infections in Russia have reached an all-time high and authorities are…
Continue Reading Airbus revokes Qatar Airways A321 jet order amid dispute
By AYA BATRAWY Associated Press DUBAI, United Arab Emirates (AP) — Airbus says it has terminated a multibillion dollar order by Qatar Airways for…
Continue Reading
Jamie Dimon gets a $3 million raise
By Chris Isidore, CNN Business Jamie Dimon got a $3 million raise in 2021, JPMorgan Chase disclosed in a filing late Thursday. The raise boosts the…
Continue Reading The pandemic boom is over. Just ask Peloton and Netflix
By Charles Riley, CNN Business When the coronavirus pandemic swept across the world in 2020, investors responded by pouring money into companies that…
Continue Reading Kohl’s, Peloton and Unilever have to watch their backs
CNN, CNNBUSINESS By Paul R. La Monica, CNN Business Forget about all the boardroom intrigue on “Succession” and “Billions.”…
Continue Reading Intel to build $20B Ohio chip facility amid global shortage
By JOHN SEEWER and ANDREW WELSH-HUGGINS Associated Press COLUMBUS, Ohio (AP) — Chipmaker Intel says it will invest $20 billion to build a factory…
Continue Reading As Big Tech stocks get slaughtered, Intel rises from the ashes
By Paul R. La Monica, CNN Business Intel was once the undisputed king of the semiconductor industry until the chip giant lost momentum to rivals…
Continue Reading China criticizes US missile sanctions as hypocrisy
BEIJING (AP) — China has criticized Washington for imposing sanctions on Chinese companies accused of exporting missile technology, and accused the…
Continue Reading
Serbia pulls plug on Rio Tinto’s $2.4 billion lithium project
By Reuters Shares in Rio Tinto tumbled on Friday after Serbia revoked its lithium exploration licenses over environmental concerns, hurting the…
Continue Reading Bitcoin tumbles as cryptocurrencies continue their downward slide
By Diksha Madhok, CNN Business Cryptocurrencies have had a dismal start to the year, and continue to plunge as major economies around the world look…
Continue Reading Chevron, Total to exit Myanmar over human rights abuses
By LORI HINNANT Associated Press PARIS (AP) — Total Energies and Chevron, two of the world’s largest energy companies, are planning to exit…
Continue Reading Fire erupts at Kuwait petroleum site, week after fatal blaze
DUBAI, United Arab Emirates (AP) — A fire broke out early in Kuwait at a petrochemical site, forcing a suspension of export operations. The Kuwait…
Continue Reading Italy’s next moral compass? Berlusconi, 85, eyes presidency
By FRANCES D’EMILIO Associated Press ROME (AP) — Italy is poised to elect a new president, a figure who is supposed to serve as the…
Continue Reading Stocks fall, have worst week since March 2020; Netflix tanks
By DAMIAN J. TROISE AP Business Writer Stocks fell again on Wall Street Friday, capping off the worst weekly drop for the S&P 500 since the start…
Continue Reading Evergrande’s international creditors threaten legal action over ‘opaque’ restructuring process
By Laura He, CNN Business Evergrande’s international creditors are losing patience. A group of the company’s overseas bondholders are…
Continue Reading Nevada geothermal power lawsuit bound for US appeals court
By SCOTT SONNER Associated Press RENO, Nev. (AP) — A federal appeals court will have to decide whether protecting historical tribal lands and a…
Continue Reading
El Paso’s Tortuga Sports Lounge closes its doors after 8 years
EL PASO, Texas – Local bar and restaurant Tortuga Sports Lounge closed its doors after eight years in business. The owner told ABC-7 that if…
Continue Reading Toyota production in Japan hit by parts crunch from COVID-19
By YURI KAGEYAMA AP Business Writer TOKYO (AP) — The shortage of parts caused by the coronavirus pandemic is further denting production at Toyota,…
Continue Reading Yemeni rebels say Saudi-led airstrike on prison killed 70
By JON GAMBRELL and MAAD AL-ZIKRY Associated Press SANAA, Yemen (AP) — A Saudi-led coalition airstrike targeting a prison run by Yemen’s Houthi…
Continue Reading Japan widens virus restrictions as omicron surges in cities
By MARI YAMAGUCHI Associated Press TOKYO (AP) — Restaurants and bars will close early in Tokyo and a dozen other areas across Japan beginning…
Continue Reading NTSB: Require small planes to have carbon monoxide detectors
WASHINGTON (AP) — U.S. crash investigators want the government to require owners of small planes to install carbon monoxide detectors. The National…
Continue Reading Report: Peloton pauses production on bikes, treadmills
By ANNE D’INNOCENZIO AP Retail Writer NEW YORK (AP) — Peloton’s shares tumbled on Thursday after a media report said the exercise and…
Continue Reading Twitter is rolling out verified NFT profile pictures
By Clare Duffy, CNN Business Twitter on Thursday began rolling out a feature that will let some users set NFTs that they own as their profile picture…
Continue Reading EXPLAINER: Why fear of 5G halting flights has faded
By The Associated Press New 5G wireless service is up and running in the United States, with little of the feared disruption to air travel. Some…
Continue Reading Rating upgrade clears way for $10B Hudson tunnel project
By DAVID PORTER Associated Press NEW YORK (AP) — Federal regulators have given a key approval to a $10 billion project to build a new train tunnel…
Continue Reading CSX railroad’s Q4 profit jumps 23% even though volume slips
By JOSH FUNK AP Business Writer OMAHA, Neb. (AP) — CSX railroad’s fourth-quarter profit jumped 23% even though volume slipped amid the ongoing…
Continue Reading California’s COVID gun store shutdowns ruled illegal
By DON THOMPSON Associated Press SACRAMENTO, Calif. (AP) — A federal appeals court has found that two California counties violated the…
Continue Reading Ingenuity helicopter flight stalled for first time due to unusual Mars weather
By Ashley Strickland, CNN For the first time ever, a flight delay has occurred on another planet due to bad weather. The Ingenuity helicopter, which…
Continue Reading Netflix stock plunges as subscriber growth worries deepen
By MICHAEL LIEDTKE AP Technology Writer SAN RAMON, Calif. (AP) — Netflix delivered its latest quarter of disappointing subscriber growth during the…
Continue Reading