Virgin Atlantic gets another cash injection through pandemic
LONDON (AP) — Virgin Atlantic has received 400 million pounds ($530 million) of new funding from its shareholders to help the airline ride out the…
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Bill Gates won’t join the space race. He wants to eradicate malaria and tuberculosis instead
CNN Zeena Saifi, Eoin McSweeney Some of the world’s richest men are squaring off in what’s become a rivalry for the ages — the…
Continue Reading Bill Gates won’t join the space race. He wants to eradicate malaria and tuberculosis instead
Zeena Saifi, Eoin McSweeney Some of the world’s richest men are squaring off in what’s become a rivalry for the ages — the space…
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GM may be stuck with the Bolt, even if it makes sense to dump it
By Chris Isidore, CNN Business It seems like a good time for General Motors to pull the plug on the Bolt, the only electric vehicle currently in its…
Continue Reading Online delivery is unprofitable. Why are discount chains using it now?
By Nathaniel Meyersohn, CNN Business Many of America’s leading discount chains have sat out the online shopping boom. Not anymore. Dollar…
Continue Reading EU slaps sanctions on Russian mercenaries, Wagner Group
BRUSSELS (AP) — The European Union has imposed sanctions on a group of private Russian military contractors it accuses of fomenting violence and…
Continue Reading High court won’t hear Mississippi lawsuit over talcum powder
WASHINGTON (AP) — The Supreme Court has turned away a request by Johnson & Johnson to halt a Mississippi lawsuit over its talcum powder…
Continue Reading The Rivian R1T, an electric pickup, wins MotorTrend Truck of the Year Award
By Peter Valdes-Dapena, CNN Business Some brand new car companies are hitting huge home runs with groundbreaking new vehicles, according to the staff…
Continue Reading Inflation is out of control. It’s time for the Fed to raise interest rates
Opinion by Dana M. Peterson for CNN Business Perspectives Inflation now tops the list of complaints among US consumers. Prices for everything, from…
Continue Reading The AP Interview: Japanese tourist says space trip ‘amazing’
By HARRIET MORRIS and VLADIMIR ISACHENKOV Associated Press MOSCOW (AP) — A Japanese space tourist has rebuffed criticism from those who questioned…
Continue Reading Pfizer to pay $6.7B in cash for Arena Pharmaceuticals
By TOM MURPHY AP Health Writer Pfizer is spending $6.7 billion to buy a drugmaker with no products on the market and a focus on developing treatments…
Continue Reading Floods in northern Spain blamed for 2 deaths, lost crops
MADRID (AP) — More than 50 people have been evacuated from areas in northern Spain hit by record flooding following heavy rain and snowfall.…
Continue Reading Swiss drop case linked to Saudi funds for ex-Spanish king
By JAMEY KEATEN Associated Press GENEVA (AP) — Geneva prosecutors have fined a Swiss bank for failing to alert money laundering authorities about…
Continue Reading Apple is about to become the world’s first $3 trillion company
By Paul R. La Monica, CNN Business Apple is on the verge of yet another major milestone. The iPhone maker is close to topping a market value of more…
Continue Reading He killed some of Coke’s most beloved brands. And he’d do it all over again
By Danielle Wiener-Bronner, CNN Business Coca-Cola CEO James Quincey, a 25-year veteran of the company, has been hearing it from disgruntled niche…
Continue Reading He killed some of Coke’s most beloved brands. And he’d do it all over again
CNN By Danielle Wiener-Bronner, CNN Business Coca-Cola CEO James Quincey, a 25-year veteran of the company, has been hearing it from disgruntled…
Continue Reading From Armani to Zegna, 22 Milan brands plan live runway shows
MILAN (AP) — Milan menswear previews for fall/winter 2021-22 are returning to a mostly in-person format in January, with Zegna, Giorgio Armani,…
Continue Reading Harley to take electric motorcycle company public via SPAC
MILWAUKEE (AP) — Harley-Davidson will take its electric motorcycle division public through a blank-check company, valuing the enterprise that has…
Continue Reading There aren’t enough skilled workers for Biden’s big infrastructure plan
By Alicia Wallace, CNN Business Biden’s big infrastructure plan, which was passed last month, promises to create hundreds of thousands of new…
Continue Reading These 5 stocks are driving the market
By Julia Horowitz, CNN Business Despite anxiety about inflation and the Omicron variant, the stock market is on track for another banner year.…
Continue Reading Time Person of the Year: Elon Musk, CEO of Tesla and SpaceX, named most influential of 2021
By Kerry Flynn, CNN Business Time magazine has named CEO of Tesla and SpaceX Elon Musk as Person of the Year. “Person of the Year is a marker…
Continue Reading Germany: 8 convicted over illegal data center in bunker
BERLIN (AP) — A German court has convicted eight people over their role in a data processing center installed at a former military bunker that…
Continue Reading Harris unveils plan for electric vehicle charging network
By MATTHEW DALY Associated Press WASHINGTON (AP) — The Biden administration has released a federal strategy to build 500,000 charging stations for…
Continue Reading BofA CEO: Consumers spending at fastest pace he’s seen
By KEN SWEET AP Business Writer NEW YORK (AP) — The head of the nation’s second-largest bank said consumers are spending “at a faster rate”…
Continue Reading Liz Weston: A year-end money checklist for people 50 and up
By LIZ WESTON of NerdWallet For people 50 and older, taking care of year-end financial tasks can help you make the most of your money. As 2021 draws…
Continue Reading Germany approves billions for climate, modernization fund
BERLIN (AP) — The German government has approved 60 billion euros in funding to be used for combating climate change and modernizing the country.…
Continue Reading Turkey’s Central Bank intervenes as currency hits record low
ANKARA, Turkey (AP) — The Turkish currency has dipped to an all-time low amid another anticipated interest rate cut later this week and after the…
Continue Reading UK antitrust watchdog investigates Microsoft’s Nuance deal
LONDON (AP) — British antitrust regulators are opening an investigation into Microsoft’s $16 billion acquisition of speech recognition company…
Continue Reading Harris announces private investments in Central America
WASHINGTON (AP) — Vice President Kamala Harris is announcing $1.2 billion in commitments from international businesses to support the economies and…
Continue Reading Biden admin reveals 60 finalists for $1B in economic grants
By JOSH BOAK Associated Press WASHINGTON (AP) — Commerce Secretary Gina Raimondo has announced 60 finalists for $1 billion in economic development…
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