Biden tries to reassure on COVID as he sells spending plan
By JOSH BOAK Associated Press ROSEMOUNT, Minn. (AP) — President Joe Biden on Tuesday went to Minnesota to pitch his completed infrastructure deal…
Continue ReadingBiz/Tech
European inflation hits 24-year high as energy prices surge
By Walé Azeez, CNN Business European consumer prices are rising at their fastest pace since 1997. Annual inflation across the 19 countries that use…
Continue Reading Anti-Defamation League and Auschwitz Museum condemn Fox host for comparing Fauci to Nazi doctor who performed medical experiments at death camp
By Oliver Darcy, CNN Business Lara Logan, a Fox News personality and host on its streaming service, was condemned by prominent Jewish groups and the…
Continue Reading German prosecutors probe alleged tax evasion by tax advisers
German investigators have searched offices of accountancy firm PricewaterhouseCoopers and the homes of current and former employees in a probe of…
Continue Reading November delivers another hit to sinking consumer confidence
By MARTIN CRUTSINGER AP Economics Writer WASHINGTON (AP) — U.S. consumer confidence fell to a nine-month low in November, held back by rising…
Continue Reading Supply chain problems hit charities’ holiday gifts for kids
By HALELUYA HADERO AP Business Writer As supply chain bottlenecks create shortages on many items, some charities are struggling to secure holiday…
Continue Reading Mercedes, Stellantis to work with US firm on new batteries
BERLIN (AP) — Automakers Mercedes-Benz and Stellantis have announced agreements with U.S. company Factorial Energy to help develop solid state…
Continue Reading Microsoft CEO Satya Nadella sells more than $285 million in Microsoft stock
By Paul R. La Monica, CNN Business It looks like Tesla’s Elon Musk isn’t the only high profile CEO getting rid of shares in the company…
Continue Reading EU set to unveil massive worldwide infrastructure plan
By SAMUEL PETREQUIN Associated Press BRUSSELS (AP) — The European Union will unveil a multibillion-euro plan aimed at bolstering the 27-nation…
Continue Reading US home prices register 19.1% annual gain in September
By PAUL WISEMAN AP Economics Writer WASHINGTON (AP) — U.S. home prices rose briskly in September, another sign that the housing market is booming…
Continue Reading India’s economy grows by 8.4% amid signs of recovery
NEW DELHI (AP) — India has reported that its economy grew at an 8.4% annual pace in the July-September quarter in the latest sign of an economic…
Continue Reading Greece mandates COVID-19 vaccinations for residents over 60
ATHENS, Greece (AP) — Greece says residents over 60 will have to undergo mandatory vaccinations against COVID-19 or face monthly 100-euro ($114)…
Continue Reading Wall Street wonders: Could Omicron be good for stocks?
By Julia Horowitz, CNN Business The rapid onset of concerns about the Omicron variant of the coronavirus has ushered in a period of fresh market…
Continue Reading German police smash cocaine ring accused of smuggling tons
BERLIN (AP) — German investigators say 14 suspects have been arrested in an investigation of a gang accused of bringing nearly five metric tons…
Continue Reading Consumer prices jump 7.7% in Poland, faster than expected
By VANESSA GERA Associated Press WARSAW, Poland (AP) — Poland says consumer prices have risen 7.7% over the past year, the highest inflation rate…
Continue Reading Walmart said she shoplifted; jury awards her $2.1 million
MOBILE, Ala. (AP) — An Alabama woman who says she was falsely arrested for shoplifting at a Walmart and then threatened by the company after her…
Continue Reading Millennial Money: Sustain generosity beyond the holidays
By AMRITA JAYAKUMAR of NerdWallet If your finances are in better shape this giving season, you can be more strategic with your dollars. The same…
Continue Reading Cyber Monday: Brisk sales, fewer discounts and plenty of out-of-stock problems
By Jordan Valinsky, CNN Business Cyber Monday sales amounted to $10.7 billion, which is higher than the underwhelming Black Friday tally but still…
Continue Reading Founder’s daughter named chair of fashion giant Inditex
MADRID (AP) — Spanish fashion giant Inditex says the founder’s daughter has been named as the next chairperson of the company that owns Zara,…
Continue Reading Barbados bids farewell to British monarchy, becomes republic
By DÁNICA COTO Associated Press SAN JUAN, Puerto Rico (AP) — Barbados has stopped pledging allegiance to Queen Elizabeth II as it shed another…
Continue Reading MI6 spy chief says China, Russia, Iran top UK threat list
By JILL LAWLESS Associated Press LONDON (AP) — The head of Britain’s foreign intelligence agency says China, Russia and Iran pose three of the…
Continue Reading Why Dollar Tree is ditching $1 forever
By Nathaniel Meyersohn, CNN Business Dollar Tree is throwing away those green “Everything’s $1” signs at stores, ditching the brand…
Continue Reading Why Dollar Tree is ditching $1 forever
CNN, SHOPIFY By Nathaniel Meyersohn, CNN Business Dollar Tree is throwing away those green “Everything’s $1” signs at stores,…
Continue Reading Sweden’s 1st female prime minister names a center-left govt
COPENHAGEN, Denmark. (AP) — Sweden’s first female prime minister has presented her one-party center-left minority government with only a few…
Continue Reading UK competition watchdog orders Facebook to sell off Giphy
By KELVIN CHAN AP Business Writer LONDON (AP) — The United Kingdom’s antitrust watchdog has blocked Facebook’s acquisition of Giphy and ordered…
Continue Reading EasyJet: Omicron variant already affecting flight bookings
By PAN PYLAS Associated Press LONDON (AP) — British airline easyJet says it’s already seeing some impact on demand from the new omicron…
Continue Reading Meta ordered to sell Giphy by UK antitrust authorities
By Mark Thompson, CNN Business Regulators have long threatened to break up Facebook (now called Meta) because of its huge market power. Now one group…
Continue Reading China is mining much more coal again and that’s boosting its factories
By Laura He, CNN Business China’s economy is finally getting some good news: Its big factories are staging a recovery as a power crunch that…
Continue Reading Inflation in 19 nations using euro hits record high of 4.9%
By PAN PYLAS Associated Press LONDON (AP) — Official figures show that consumer prices across the 19 countries that use the euro currency are…
Continue Reading Germany’s designated chancellor backs COVID vaccine mandate
By GEIR MOULSON and FRANK JORDANS Associated Press BERLIN (AP) — Germany’s next chancellor says he will back a proposal to mandate coronavirus…
Continue Reading