EXPLAINER: Why airlines fear 5G will upend travel this week
The Associated Press The airline industry is raising the stakes in a showdown with AT&T and Verizon over plans to launch new 5G wireless service…
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Under-fire Boris Johnson denies lying about lockdown parties
By JILL LAWLESS Associated Press LONDON (AP) — British Prime Minister Boris Johnson has denied misleading Parliament about lockdown-breaching…
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PlayStation and Switch sales are suffering as the gaming wars heat up
CNN, CNNBUSINESS By Michelle Toh, CNN Business Two of the world’s biggest video game companies are feeling the pressure as the console wars…
Continue Reading Microsoft buys game maker Activision Blizzard for about $70B
By MATT O’BRIEN AP Technology Writer Microsoft is paying the enormous sum of nearly $70 billion for Activision Blizzard, the maker of Candy…
Continue Reading Goldman Sachs Q4 profits fall as compensation costs soar
By KEN SWEET AP Business Writer NEW YORK (AP) — Goldman Sachs’ said its fourth-quarter profits fell by 13% from a year earlier, largely due to…
Continue Reading AT&T, Verizon pause some new 5G after airlines raise alarm
By DAVID KOENIG AP Airlines Writer AT&T and Verizon say they will delay some new 5G wireless service after the airline industry raised alarms…
Continue Reading Satellite photos show aftermath of Abu Dhabi oil site attack
By JON GAMBRELL Associated Press DUBAI, United Arab Emirates (AP) — Satellite photos obtained by The Associated Press appear to show the aftermath…
Continue Reading Oil prices will surge to $100 this year, Goldman Sachs warns
By Matt Egan, CNN Business Goldman Sachs is now calling for oil prices to hit $100 a barrel later this year and continue rising in 2023, signaling…
Continue Reading Goldman Sachs earned nearly $4 billion, but that wasn’t good enough
By Paul R. La Monica, CNN Business Goldman Sachs had a phenomenal year. But like many of its competitors on Wall Street, the numbers just…
Continue Reading German arms exports hit record after big sales to Egypt
BERLIN (AP) — Germany’s arms exports reached record levels in 2021, largely due to significant sales of maritime and air defense weapons to…
Continue Reading BlackRock cares about money, not ‘woke’ politics
By Julia Horowitz, CNN Business Every year, BlackRock CEO Larry Fink, one of the most powerful people in global finance, pens a letter to chief…
Continue Reading Want to keep your workers? Change your climate policies
By Anneken Tappe, CNN Business Climate change policies have become front and center for companies — not only because of ethics and reputation, but…
Continue Reading Peloton is hiking prices because of inflation
By Jordan Valinsky, CNN Business Peloton says inflation and supply chain challenges have forced the company to hike the price of its flagship bike,…
Continue Reading Millennial Money: What to do if you buy now, can’t pay later
By MELISSA LAMBARENA of NerdWallet With multiple debts, it’s easy to lose track of buy now, pay later plans and potentially take on more than you…
Continue Reading Official: Japan hopes to lead Asian zero-emissions push
By MARI YAMAGUCHI Associated Press TOKYO (AP) — Japan’s environment minister says the country will gradually phase out coal plants over the next…
Continue Reading JD, Shopify to help US merchants sell in China
BEIJING (AP) — JD.com Inc., China’s biggest online retailer, and Canadian e-commerce service Shopify have launched a strategic cooperation to…
Continue Reading Gas prices are in the danger zone. Biden can’t do much about it
By Matt Egan, CNN Business President Joe Biden’s 2022 is off to a dreadful start. Prices at the pump could make it even worse. Crude oil has…
Continue Reading Should the government control the price of food and gas?
By Charles Riley, CNN Business People are paying a lot more for food, gas, cars and services, and inflation isn’t over yet as the pandemic…
Continue Reading Malta legislator becomes 3rd female EU Parliament president
By RAF CASERT Associated Press BRUSSELS (AP) — Christian Democrat Roberta Metsola of Malta has been elected president of the European Union’s…
Continue Reading Ex-Cathay Pacific staff arrested in Hong Kong for violating Covid rules
By Wayne Chang and Teele Rebane, CNN Business Hong Kong police have arrested and charged two former Cathay Pacific staffers for violating the…
Continue Reading Xi Jinping urges West not to ‘slam the brakes’ by hiking interest rates too quickly
By Laura He, CNN Business China is urging central banks in the West not to hike interest rates too fast to fight inflation as it goes in the other…
Continue Reading Asian shares mostly lower after retreat on Wall Street
By YURI KAGEYAMA AP Business Writer TOKYO (AP) — Asian shares have fallen in cautious trading after stocks on Wall Street sank to a new low for the…
Continue Reading Starbucks teams up with Meituan for coffee delivery in China
By Michelle Toh, CNN Business Starbucks is joining forces with Chinese tech giant Meituan to expand delivery options in its second biggest market.…
Continue Reading China cites coronavirus on packaging, despite doubts abroad
BEIJING (AP) — Chinese state media say parcels mailed from overseas may have spread the coronavirus in Beijing and elsewhere, despite doubts among…
Continue Reading Majority of US states pursue nuclear power for emission cuts
By JENNIFER McDERMOTT Associated Press PROVIDENCE, R.I. (AP) — Many states in the U.S. are coming to the conclusion that solar, wind and other…
Continue Reading In tiny Wyoming town, Bill Gates bets big on nuclear power
By BRADY McCOMBS and MEAD GRUVER Associated Press KEMMERER, Wyoming (AP) — A tiny Wyoming town faces transformation when a company started by Bill…
Continue Reading Norway’s Telenor to sell stake in Myanmar’s Wave Money
BANGKOK (AP) — Norwegian telecommunications company Telenor says it plans to sell its stake in the Myanmar fintech company Wave Money to its main…
Continue Reading Bloomberg funds city programs to build new urban solutions
By GLENN GAMBOA AP Business Writer Bloomberg Philanthropies is supporting the innovative solutions of 15 cities to try to get others to use them as…
Continue Reading Japan ready to expand virus restrictions as infections surge
By YURI KAGEYAMA Associated Press TOKYO (AP) — Japan’s government is preparing social restrictions in Tokyo and other regions as the omicron…
Continue Reading Australia has record COVID-19 deaths, hospitals under stress
By ROD McGUIRK Associated Press MELBOURNE, Australia (AP) — Australia has reported a record high of COVID-19 deaths, and its second-largest state…
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