Kia recalls 410K vehicles; air bags might not work in crash
DETROIT (AP) — Kia is recalling more than 410,000 vehicles in the U.S. to fix a problem that can stop the air bags from inflating in a crash. The…
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Queen Mary ship closed to tourists to get ‘critical repairs’
LONG BEACH, Calif. (AP) — Southern California officials say they’re getting ready to start critical repairs to the Queen Mary historic ship…
Continue Reading After huge pandemic losses, governments see rapid rebound
By DAVID A. LIEB and CAMILLE FASSETT Associated Press State and local governments reported more than $117 billion of revenue losses in the first year…
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The US is starting to make a manufacturing comeback. Here’s how to sustain it
Opinion by Brian Deese for CNN Business Perspectives The Covid-19 pandemic has laid bare the vulnerabilities in America’s domestic…
Continue Reading Almost 5,000 US flights canceled this weekend as winter storm pummels East Coast
By Jordan Valinsky, CNN Business Airlines have canceled thousands of flights this weekend as a powerful winter storm packing strong winds and many…
Continue Reading Almost 5,000 US flights canceled this weekend as winter storm pummels East Coast
CNN By Jordan Valinsky, CNN Business Airlines have canceled thousands of flights this weekend as a powerful winter storm packing strong winds and…
Continue Reading Consumer sentiment sinks on inflation and Omicron worries
By Anneken Tappe, CNN Business Worries over soaring prices and the Omicron variant of the coronavirus soured Americans’ views of the economy in…
Continue Reading Farmers alarmed as NY looks at expanded overtime for workers
By MICHAEL HILL Associated Press SCHUYLERVILLE, N.Y. (AP) — New York state is looking at lowering the farm worker overtime threshold from 60 hours…
Continue Reading Vatican selling London property at heart of fraud trial
By NICOLE WINFIELD Associated Press ROME (AP) — The Vatican has signed a contract to sell a luxury London building that is at the heart of a fraud…
Continue Reading UniCredit drops bid for Russian bank over Ukraine tensions
MILAN (AP) — UniCredit CEO Andrea Orcel says the Italian bank has decided not to pursue a possible takeover bid for Russian bank Otkritie due to…
Continue Reading Argentina reaches agreement with IMF to refinance debt
BUENOS AIRES, Argentina (AP) — Argentina says it has reached an agreement with the International Monetary Fund to refinance more than $40 billion…
Continue Reading Good news: Paychecks are going up. Bad news: So is inflation
By Anneken Tappe and Tami Luhby, CNN Business Americans’ paychecks continued to rise at the end of 2021. But along with that, so did prices.…
Continue Reading Good news: Paychecks are going up. Bad news: So is inflation
CNN, WFRV By Anneken Tappe and Tami Luhby, CNN Business Americans’ paychecks continued to rise at the end of 2021. But along with that, so did…
Continue Reading Workers don’t know their schedules until the last minute. That’s a big problem
By Nathaniel Meyersohn, CNN Business Retail and restaurant work is notorious for irregular scheduling and last-minute changes — factors that can…
Continue Reading Austria: $1.9B relief package to offset rising energy prices
VIENNA (AP) — Austria will subsidize household energy costs with a $1.9-billion relief package to offset rising prices. Chancellor Karl Nehammer…
Continue Reading A key inflation gauge rose 5.8% in 2021, most in 39 years
By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — A measure of prices that is closely tracked by the Federal Reserve rose 5.8% last…
Continue Reading A key inflation measure rose at the fastest pace since 1982
By Anneken Tappe, CNN Business A key measure of inflation rose 5.8% between December 2020 and December 2021, the Bureau of Economic Analysis reported…
Continue Reading Gone too far? Tech earnings raise questions about market panic
By Julia Horowitz, CNN Business Investors in stocks have balked at the Federal Reserve’s aggressive pivot as it takes a stand against…
Continue Reading Child care workers are vanishing and it’s hurting the entire economy
By Alicia Wallace, CNN Business Since losing one-third of its workforce at the outset of the pandemic, the child care industry has seen a jobs…
Continue Reading Hewlett Packard Enterprise wins $5B fraud suit vs UK tycoon
LONDON (AP) — Tech giant Hewlett Packard Enterprise has won a multibillion-dollar lawsuit against a British businessmen it accused of fraud after…
Continue Reading A jump in factory fires is dangerous for the people who work there – and the supply chain
By Parija Kavilanz, CNN Business The unraveling of the global supply chain has been blamed on a multitude of factors — the pandemic, labor and raw…
Continue Reading Exclusive: Taco Bell favorite Mountain Dew Baja Blast is going boozy
By Jordan Valinsky, CNN Business Mountain Dew’s Baja Blast, the beloved tropical lime-flavored beverage that originated at Taco Bell, is being…
Continue Reading UniCredit was thinking of buying a Russian bank. Not any more
By Anna Cooban, CNN Business UniCredit has dropped a potential bid for a Russian state-owned bank because of the escalating crisis over Ukraine. CEO…
Continue Reading Philippines secures supersonic anti-ship missiles from India
MANILA, Philippines (AP) — The Philippines has signed a $378 million contract with India to acquire his country’s first shore-based anti-ship…
Continue Reading Shaky start for Stellantis bid to grab larger China stake
By COLLEEN BARRY AP Business Writer MILAN (AP) — Moves by carmaker Stellantis to consolidate its position in fast-growing China seem to be off to a…
Continue Reading Ukraine crisis updates: What to know amid the fears of war
By VANESSA GERA Associated Press WARSAW, Poland (AP) — High-stakes diplomacy continues to try to avert a war in Eastern Europe. The urgent efforts…
Continue Reading Huge demand at Caterpillar, but global supply constrains
By MICHELLE CHAPMAN AP Business Writer Caterpillar’s sales surged in the final quarter of the year despite ongoing disruptions in the global supply…
Continue Reading Hong Kong economy grows 6.4% in 2021
BEIJING (AP) — Hong Kong’s economy grew by 6.4% last year after activity weakened as anti-coronavirus controls were tightened. Government data…
Continue Reading Tensions with Russia worry former US astronauts about the partnership in space
By Kristin Fisher, CNN The International Space Station has transcended terrestrial political troubles between the United States and Russia for more…
Continue Reading How last week’s 5G deployment went so wrong
CNN, CNNBUSINESS By Brian Fung, CNN Business From canceled flights to dire warnings of a stalled shipping economy, this was not how the rollout of 5G…
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