McDonald’s claws back $105 million from fired CEO Steve Easterbrook
By Jordan Valinsky, CNN Business McDonald’s has settled a lawsuit with former CEO Steve Easterbrook, forcing the disgraced executive to repay…
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YouTube star MrBeast rethinks old notions of philanthropy
By MARK KENNEDY AP Entertainment Writer NEW YORK (AP) — The line of cars started forming at dawn. It was early November in Greenville, North…
Continue Reading US jobless claims rise but still historically low at 206,000
By PAUL WISEMAN AP Economics Writer WASHINGTON (AP) — The number of Americans applying for unemployment benefits rose last week despite signs that…
Continue Reading US home construction rebounds a strong 11.8% in November
By MATT OTT AP Business Writer SILVER SPRING, Md. (AP) — New home construction in the U.S. rebounded 11.8% in November, as strong demand continues…
Continue Reading Delta CEO: Masks are still important on planes
By Chris Isidore, CNN Business Delta CEO Ed Bastian thinks wearing masks on airplanes is a good idea. The day after Southwest CEO Gary Kelly…
Continue Reading H&R Block is suing Jack Dorsey’s Block for trademark infringement
By Jordan Valinsky, CNN Business H&R Block is suing Block, the digital payments company previously known as Square, for trademark infringement.…
Continue Reading EPA details push to tighten rules for lead in drinking water
By SUMAN NAISHADHAM and MICHAEL PHILLIS Associated Press WASHINGTON (AP) — The Biden administration is taking steps aimed at reducing lead in…
Continue Reading Interest rates are set to rise next year. Here’s what that means
By Julia Horowitz, CNN Business The Federal Reserve has sent a clear signal that the era of rock-bottom interest rates will end in 2022. What’s…
Continue Reading Ousted McDonald’s CEO returns $105M after misconduct
By DEE-ANN DURBIN AP Business Writer Former McDonald’s CEO Steve Easterbrook has paid back more than $105 million in equity awards and cash to the…
Continue Reading Delta Air Lines no longer expects to lose money in Q4
Delta Air Lines no longer expects to lose money in the fourth quarter with travel during the holiday season heating up. The company said Thursday…
Continue Reading Bank of England hikes interest rates to tackle rising prices
By Charles Riley, CNN Business The Bank of England is hiking interest rates in an effort to fight surging prices even as the Omicron variant engulfs…
Continue Reading Postal hike doesn’t stop catalogers from stuffing mailboxes
By DAVID SHARP Associated Press PORTLAND, Maine (AP) — A big postal rate increase over the summer hasn’t stopped catalog retailers from stuffing…
Continue Reading Serbia suspends lithium mine plans after protests
By DUSAN STOJANOVIC Associated Press BELGRADE, Serbia (AP) — Local authorities in western Serbia have suspended a plan that would allow mining…
Continue Reading Soaring infections rattle Europe, fuel dread about holidays
By DANICA KIRKA and MIKE CORDER Associated Press LONDON (AP) — Soaring infections in Britain driven in part by the omicron variant of the…
Continue Reading Exclusive: ‘Cyber is the most dangerous weapon in the world,’ JPMorgan council warns
By Matt Egan, CNN Business Business leaders and former policymakers are sounding the cyber alarm. The JPMorgan International Council on Thursday…
Continue Reading Turkish lira dips to new low after another interest rate cut
By SUZAN FRASER Associated Press ANKARA, Turkey (AP) — Turkey’s Central Bank has again cut interest rates despite soaring consumer prices that…
Continue Reading Facebook whistleblower Frances Haugen has book deal
By HILLEL ITALIE AP National Writer NEW YORK (AP) — The former Facebook manager who startled the world this fall by leaking tens of thousands of…
Continue Reading Norway’s central bank raises key policy interest rate
COPENHAGEN, Denmark (AP) — Norway’s central bank has raised its key policy interest rate from 0.25% to 0.5%, citing the upswing in the economy…
Continue Reading In a blow to Boeing, Qantas picks Airbus for its domestic fleet
By Diksha Madhok, CNN Business Australia’s Qantas is choosing Airbus over Boeing to replace its domestic fleet. The decision is a big blow to…
Continue Reading EU leaders urge booster shots, seek coordinated travel rules
By SAMUEL PETREQUIN Associated Press BRUSSELS (AP) — European Union leaders have agreed that administering booster shots is “urgent” and…
Continue Reading Black tech entrepreneurs struggle to find funding in Britain. Now they’re looking abroad
By Walé Azeez, CNN Business Black tech entrepreneurs in the United Kingdom say they have to rely on foreign investors to get their businesses off…
Continue Reading UK raises interest rates as central banks focus on inflation
By PAN PYLAS and DAVID McHUGH Associated Press LONDON (AP) — The United Kingdom’s central bank has become the first in a major advanced economy…
Continue Reading Hungarian fashion studio builds Roma cultural prestige
By JUSTIN SPIKE Associated Press BUDAPEST, Hungary (AP) — A fashion studio in Hungary is challenging the centuries-old stereotypes faced by the…
Continue Reading European Central Bank to taper pandemic stimulus, but gently
By DAVID McHUGH AP Business Writer FRANKFURT, Germany (AP) — The European Central Bank has decided not to abruptly pull back its pandemic support…
Continue Reading Japan trade recovers as supply chain troubles ease
TOKYO (AP) — Japan has reported its exports jumped 20% and imports rose at an even faster pace in November as disruptions to manufacturing supply…
Continue Reading France to restrict travel from Britain to fight omicron
By ANGELA CHARLTON and DANICA KIRKA Associated Press PARIS (AP) — France will restrict arrivals from Britain because of fast-spreading cases of the…
Continue Reading Flood from illegal coal mining traps 21 people in China
BEIJING (AP) — Rescuers ae trying to reach 21 people trapped by a flood because of illegal mining for coal in northern China. The accident happened…
Continue Reading EU hopes fresh talks, not sanctions, will avert Ukraine war
By LORNE COOK and RAF CASERT Associated Press BRUSSELS (AP) — European Union leaders are pressing Russia to enter peace talks with Ukraine. At the…
Continue Reading China’s #MeToo victims face abuse, payback for going public
By HUIZHONG WU Associated Press TAIPEI, Taiwan (AP) — A former employee of Chinese e-commerce giant Alibaba says human resources and upper…
Continue Reading Vaccine skeptics in Eastern Europe having change of heart
By SABINA NIKSIC Associated Press SARAJEVO, Bosnia-Herzegovina (AP) — Some former vaccine skeptics in Eastern Europe are shifting over to the other…
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