The Turkish lira swings wildly as Erdogan’s big gamble continues
By Walé Azeez, CNN Business Turkey’s experiment in cutting interest rates to fight inflation has sent its currency crashing to record lows…
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EV start-up Nikola settles with US for $125 million
By MICHELLE CHAPMAN AP Business Writer Electric and hydrogen-powered truck startup Nikola has agreed to a $125 million settlement over charges that…
Continue Reading Nikola agrees to pay $125 million fine to settle SEC probe
By Chris Isidore, CNN Business Nikola, the upstart electric truck maker, agreed to pay $125 million to settle Securities and Exchange Commission…
Continue Reading Suspect denies knife murder of UK lawmaker David Amess
LONDON (AP) — A 25-year-old man has pleaded not guilty to murdering a British lawmaker who was stabbed to death while meeting constituents.…
Continue Reading Turnaround Tuesday on Wall Street: Stocks rebound
By Anneken Tappe, CNN Business The Dow and the broader US stock market were in the green on Tuesday, as the market bounced back from a sharp selloff…
Continue Reading Coal miners want Joe Manchin to reverse opposition to Build Back Better
By Matt Egan, CNN Business Senator Joe Manchin is facing calls from a powerful group close to his heart to reconsider his opposition to the Build…
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‘Backdoor’ Roth restrictions have been put on hold — for now
CNN By Jeanne Sahadi, CNN Business If you’re a high earner who was scrambling to take advantage of a so-called backdoor Roth IRA or Roth 401(k)…
Continue Reading Coal miners want Joe Manchin to reverse opposition to Build Back Better
CNN, CNNBUSINESS By Matt Egan, CNN Business Senator Joe Manchin is facing calls from a powerful group close to his heart to reconsider his opposition…
Continue Reading 3 Western Balkan countries deepen economic ties at summit
By LLAZAR SEMINI Associated Press TIRANA, Albania (AP) — The leaders of Albania, North Macedonia and Serbia have met in Tirana to discuss and agree…
Continue Reading Inflation, even in dollars, dims Venezuelans’ holiday season
By REGINA GARCIA CANO Associated Press CARACAS, Venezuela (AP) — Tradition dictates that Venezuelans wear brand new clothes on Christmas and New…
Continue Reading Zombies, laser tag and confusion: Here’s what it’s like inside Meta’s virtual world
By Rachel Metz, CNN Business On a chilly December afternoon I played a heart-pounding game of laser tag, flew across town on a magical broom, killed…
Continue Reading Strike at Kellogg comes to a close; workers to return Monday
The Associated Press NEW YORK (AP) — A strike at Kellogg that has gone on since early October has ended after workers voted to ratify a new labor…
Continue Reading Buyers, get ready for another crazy housing market next year
Opinion by Jeff Tucker for CNN Business Perspectives Homebuyers will need to be prepared and patient in 2022. Just as baby boomers are hitting…
Continue Reading Ex-South African leader Zuma can appeal return to jail
By MOGOMOTSI MAGOME Associated Press JOHANNESBURG (AP) — A South African judge has ruled that former President Jacob Zuma can appeal a court…
Continue Reading UK to give $1.3 billion in aid to businesses hurt by omicron
By DANICA KIRKA Associated Press LONDON (AP) — Britain has announced $1.3 billion in grants and other aid to help the hospitality industry survive…
Continue Reading Nike is trying to outrun supply chain problems
By Charles Riley, CNN Business Plenty of people want to buy Nike clothes and sneakers. But nearly two years into the coronavirus pandemic, supply…
Continue Reading Rite Aid is closing more than 60 stores
By Jordan Valinsky, CNN Business Rite Aid announced Tuesday it is closing another 63 stores to save about $25 million per year. After years of…
Continue Reading Dubai ruler must pay ex-wife $700M in divorce settlement
By JILL LAWLESS Associated Press LONDON (AP) — The ruler of Dubai has been ordered to pay his ex-wife and their children close to 550 million…
Continue Reading Germany clamps down on New Year’s parties to tame omicron
BERLIN (AP) — Germany has announced new restrictions aimed at slowing the spread of the new omicron variant of COVID-19. The new rules, which go…
Continue Reading Millennial Money: Now is the time to build your credit
By COLIN BERESFORD of NerdWallet Building credit from scratch when you’re young can feel overwhelming; it’s no wonder that nearly 40% of…
Continue Reading EU court backs passengers’ rights when flights moved forward
BERLIN (AP) — The European Union’s top court has ruled that a flight must be considered as canceled for legal purposes if it is brought forward…
Continue Reading Boeing and Airbus want Biden administration to delay rollout of 5G cell service, citing safety concerns
By Pete Muntean, CNN Business The world’s biggest commercial airplane manufacturers are telling the Biden Administration to delay the rollout…
Continue Reading Boeing and Airbus want Biden administration to delay rollout of 5G cell service, citing safety concerns
CNN, GETTY IMAGES By Pete Muntean, CNN Business The world’s biggest commercial airplane manufacturers are telling the Biden Administration to…
Continue Reading Boeing and Airbus want Biden administration to delay rollout of 5G cell service, citing safety concerns
CNN By Pete Muntean, CNN Business The world’s biggest commercial airplane manufacturers are telling the Biden Administration to delay the…
Continue Reading Cooking is out. Campbell’s soup is in again
By Nathaniel Meyersohn, CNN Business Early in the Covid-19 pandemic, everybody stuck at home tried their hand at cooking. People posted photos of…
Continue Reading Thailand reimposes quarantine as concerns grow over omicron
By BUSABA SIVASOMBOON and PATRICK QUINN Associated Press BANGKOK, Thailand (AP) — Thailand has decided to immediately reimpose a mandatory…
Continue Reading Former German minister becomes new mayor of Berlin
BERLIN (AP) — Franziska Giffey has become Berlin’s new mayor as the leader of a three-party left-wing governing coalition. She is a former…
Continue Reading China Mobile plans to raise up to $8.8 billion by listing shares in Shanghai
By Michelle Toh, CNN Business China Mobile is ending the year with a bang. The Chinese telecom giant announced Tuesday that it wants to raise as much…
Continue Reading China fines ‘live-streaming queen’ Viya $210 million for tax evasion
CNN By Diksha Madhok and CNN’s Beijing bureau Chinese live-stream shopping influencer Huang Wei, known as Viya, has been hit with a whopping…
Continue Reading China fines ‘live-streaming queen’ Viya $210 million for tax evasion
By Diksha Madhok and CNN’s Beijing bureau Chinese live-stream shopping influencer Huang Wei, known as Viya, has been hit with a whopping $210…
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