Ikea is raising prices by 9% in 2022
CNN By Parija Kavilanz, CNN Business Ikea said its customers will pay more when they shop at its stores in 2022. Like many companies with tight…
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Ikea is raising prices by 9% in 2022
By Parija Kavilanz, CNN Business Ikea said its customers will pay more when they shop at its stores in 2022. Like many companies with tight profit…
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US Postal Service recovers from poor holiday showing in 2020
By DAVID SHARP Associated Press PORTLAND, Maine (AP) — The U.S. Postal Service pulled out all the stops to avoid a repeat of the 2020 holiday…
Continue Reading The economy is booming. 5 reasons that could change in 2022
By Matt Egan, CNN Business The US economy is heading into 2022 with serious momentum. The recovery gained steam in the last few months, capping off…
Continue Reading Europe’s shared notes and coins turn 20 at New Year’s
By DAVID McHUGH AP Business Writer FRANKFURT, Germany (AP) — This New Year’s the European Central Bank is celebrating the 20th anniversary of…
Continue Reading Germany shuts down half of its 6 remaining nuclear plants
By FRANK JORDANS Associated Press BERLIN (AP) — Germany has shut down half of the six nuclear plants it still has in operation. It comes a year…
Continue Reading Chinese tech stocks are climbing on the last day of the year. But 2021 has been a bloodbath
By Diksha Madhok and Jill Disis, CNN Business Chinese tech stocks got a big boost in Hong Kong on the last day of the year, but it’s far from…
Continue Reading China’s factories are still recovering, but Covid-19 pains linger
By Jill Disis, CNN Business Activity at China’s big factories continued to pick up this month even as the country battles stubborn Covid-19…
Continue Reading China’s factories are still recovering, but Covid-19 pains linger
CNN, CNNBUSINESS By Jill Disis, CNN Business Activity at China’s big factories continued to pick up this month even as the country battles…
Continue Reading Hong Kong’s flagship airline says strict new quarantine rules could cause ‘dramatic’ supply chain disruptions
By Hannah Ritchie, Teele Rebane and Eric Cheung, CNN Business Hong Kong’s flagship airline warned Friday that strict new quarantine measures in…
Continue Reading Cathay Pacific suspends cargo flights due to virus controls
HONG KONG (AP) — Hong Kong’s Cathay Pacific Airlines is suspending cargo flights for a week due to stricter quarantine requirements for air…
Continue Reading Stocks end 2021 on a weak note, still notch big yearly gain
By ALEX VEIGA AP Business Writer Wall Street ended 2021 on a weak note Friday, but still managed to end the year with big gains. The S&P 500…
Continue Reading Chinese factory activity edges higher in December
BEIJING (AP) — A survey shows Chinese factory activity edged higher in December as supply disruptions eased and export demand weakened. The monthly…
Continue Reading ‘So many memories’: Over 500 homes feared destroyed by fire
By BRITTANY PETERSON, PATTY NIEBERG and COLLEEN SLEVIN Associated Press SUPERIOR, Colo. (AP) — Tens of thousands of Coloradans driven from their…
Continue Reading Asia looks to China-focused trade bloc for virus recovery
By ELAINE KURTENBACH AP Business Writer BANGKOK (AP) — Asian countries are looking to a China-centered trade bloc encompassing about a third of…
Continue Reading Colorado governor slashes trucker’s prison term to 10 years
By COLLEEN SLEVIN Associated Press DENVER (AP) — Colorado Gov. Jared Polis has shortened the prison sentence of a truck driver convicted in a…
Continue Reading Scholz to Germans: Let’s all help to defeat COVID in 2022
By GEIR MOULSON Associated Press BERLIN (AP) — Chancellor Olaf Scholz is urging Germans to pull together to defeat the coronavirus in 2022 and…
Continue Reading What’s next for Ghislaine Maxwell after guilty verdict?
By MALLIKA SEN Associated Press NEW YORK (AP) — With a guilty verdict in the sex-trafficking trial of Ghislaine Maxwell, here’s a look at what…
Continue Reading Biogen, Norwegian Cruise Line fall, R.R. Donnelley rises
Stocks that traded heavily or had substantial price changes Thursday: Biogen, Norwegian Cruise Line fall, R.R. Donnelley…
Continue Reading How major US stock indexes fared Thursday
The Associated Press A late slide pulled major indexes into the red on Wall Street Thursday, leaving the S&P 500 and the Dow Jones Industrial…
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 CDC warns against cruises, regardless of vaccination status
By ADRIANA GOMEZ LICON Associated Press MIAMI (AP) — The U.S. Centers for Disease Control and Prevention is warning people not to go on cruises,…
Continue Reading High-end Champagne shortage could ruin your New Year’s Eve
By Parija Kavilanz, CNN Business Enough already! Can we call it a wrap on 2021? As if this year hasn’t been challenging enough, it’s…
Continue Reading Tesla recalls 475,000 vehicles due to camera and front trunk issues
By Jennifer Korn Over 475,000 Tesla (TSLA) cars have been recalled due to technical defects that may increase the risk of accidents. Two separate…
Continue Reading New York jury holds drugmaker Teva liable in opioid crisis
By JENNIFER PELTZ Associated Press NEW YORK (AP) — A jury has held Teva Pharmaceuticals responsible for contributing to the opioid crisis. Jurors…
Continue Reading Arts groups innovate to battle COVID-caused revenue downturn
By GLENN GAMBOA and HALELUYA HADERO AP Business Writers The arts industry has been battered during the past 21 months, as organizations furloughed…
Continue Reading Airline cancellations could get worse this weekend
By Gregory Wallace, CNN Business Airline cancellations are surging Thursday for a seventh straight day and threaten to throw off weekend flights home…
Continue Reading EXPLAINER: Why are so many flights being canceled?
By TALI ARBEL and PAUL WISEMAN Associated Press The forces that have scrambled thousands of flights since Christmas Eve could ease in January, but…
Continue Reading UK bank mistakenly pays out $175 million on Christmas Day
By Jack Guy, CNN UK bank Santander got into the Christmas spirit this year by paying out a total of £130 million ($175 million) to customers by…
Continue Reading Nursing home workers are urged to get boosters as cases soar
By RICARDO ALONSO-ZALDIVAR Associated Press WASHINGTON (AP) — Federal health officials are pressing nursing home workers to get their booster shots…
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