Jeff Bezos donates $100 million to Obama foundation in honor of John Lewis
By Reuters Amazon founder Jeff Bezos is donating $100 million to the Obama Foundation in honor of Congressman John Lewis, a hero of the U.S. civil…
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Target says it will never open on Thanksgiving again
By Nathaniel Meyersohn, CNN Business Say goodbye to Target runs on Thanksgiving. Target said Monday that it will close all of its stores on…
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GM exploring electric boats, buys 25% stake in engine maker
DETROIT (AP) — General Motors is testing the water in electric boating by buying a 25% stake in a Seattle company that makes battery-powered…
Continue Reading Hedge fund Alden in hunt for another big newspaper chain
By TALI ARBEL AP Technology Writer Hedge fund Alden Global Capital, one of the country’s largest newspaper owners with a reputation for intense…
Continue Reading This cult teen brand is quitting social media amid growing safety concerns
By Parija Kavilanz, CNN Business Trendy soaps brand Lush Cosmetics is quitting Facebook, Instagram, TikTok and Snapchat on Friday in a radical move…
Continue Reading Jerome Powell’s first term was among the most controversial of any Fed chairman
By Chris Isidore, CNN Business Jerome Powell’s tenure leading the Federal Reserve has been among the most tumultuous in the central…
Continue Reading Bezos makes gifts to Obama foundation and NYU medical center
By HALELUYA HADERO AP Business Writer Former President Barack Obama’s foundation says it has received a $100 million donation from Amazon founder…
Continue Reading Coal-fired power plants to close after new wastewater rule
By MICHAEL RUBINKAM Associated Press Climate change isn’t what’s driving some U.S. coal-fired power plants to shut down — instead it’s…
Continue Reading October existing home sales hit fastest pace since January
By ALEX VEIGA AP Business Writer Sales of previously occupied U.S. homes ticked higher in October, marking their strongest pace since January, even…
Continue Reading US home sales on track for the best year since 2006
By Anna Bahney Despite low inventory and rising prices, home sales inched higher in October, marking a second straight month of growth, according to…
Continue Reading Yes, there are turkeys for Thanksgiving – for a price
By DEE-ANN DURBIN AP Business Writer First, the good news: There is no shortage of whole turkeys in the U.S. this Thanksgiving. But those turkeys —…
Continue Reading Italy cracks gang forcing Nigerian women into prostitution
By FRANCES D’EMILIO Associated Press ROME (AP) — Italian customs police say they have cracked a Nigerian organized crime syndicate that…
Continue Reading Biden to nominate Jerome Powell as Federal Reserve chairman
By Kaitlan Collins, Kate Sullivan, Betsy Klein and Matt Egan, CNN President Joe Biden on Monday formally announced his intent to nominate Jerome…
Continue Reading He took charge of Amazon’s biggest moneymaker. Now he faces a new set of challenges
By Clare Duffy, CNN Business When Jeff Bezos decided to give up his role as Amazon’s chief executive earlier this year, it prompted the company…
Continue Reading Stock rally fizzles out despite relief over Powell’s second term at the Fed
By Anneken Tappe, CNN Business Wall Street approved of President Joe Biden’s intention to nominate Jerome Powell for a second term at the helm…
Continue Reading Why Jay Powell’s second Fed term could be even tougher than his first
CNN, CNNBUSINESS By Julia Horowitz, CNN Business The news moves fast. Yesterday, we looked at whether President Joe Biden would reappoint Federal…
Continue Reading Amazon faces Black Friday strikes by workers across Europe
CNN By Walé Azeez, CNN Business Amazon is facing strikes by warehouse workers and delivery drivers across Europe as its busiest weekend of the year…
Continue Reading Biden to keep Powell as Fed chair, Brainard gets vice chair
By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — President Joe Biden announced he’s nominating Jerome Powell for a second term as…
Continue Reading Insider Q&A: Brian Doubles, CEO of Synchrony Financial
By KEN SWEET AP Business Writer NEW YORK (AP) — Synchrony may not be a household name, but it’s the largest issuer of retail-branded store credit…
Continue Reading EU considers booster doses of J&J’s COVID-19 vaccine
AMSTERDAM (AP) — The European Medicines Agency says it is evaluating whether to authorize booster doses of Johnson & Johnson’s single-shot…
Continue Reading Could Fed Chair Jerome Powell be replaced?
By Julia Horowitz, CNN Business When it comes to influence over the global economy, few people in the world are more powerful than Jerome Powell,…
Continue Reading Americans’ trust in charity steady amid pandemic, poll finds
By DAN PARKS of The Chronicle of Philanthropy Chronicle of Philanthropy After years of declines, Americans’ trust in civil-rights and…
Continue Reading Island anger: Guadeloupe closes schools after COVID rioting
By ELODIE SOUPAMA Associated Press LE GOSIER, Guadeloupe (AP) — Schools have closed across the French Caribbean island of Guadeloupe and the French…
Continue Reading Ericsson to buy cloud service company Vonage in $6.2B deal
LONDON (AP) — Swedish telecom equipment maker Ericsson says it’s buying U.S. cloud communications company Vonage in a $6.2 billion deal that will…
Continue Reading Elizabeth Holmes to resume testimony in her own criminal trial
CNN, KGO, THERANOS, HBO FILMS, ELIZABETH HOLMES, GETTY IMAGES By Sara Ashley O’Brien, CNN Business For months, Elizabeth Holmes sat silently,…
Continue Reading Elizabeth Holmes to resume testimony in her own criminal trial
By Sara Ashley O’Brien, CNN Business For months, Elizabeth Holmes sat silently, masked, in a San Jose federal courtroom as the government…
Continue Reading Target to keep stores closed on Thanksgiving for good
By ANNE D’INNOCENZIO The Associated Press NEW YORK (AP) — Target will no longer open its stores on Thanksgiving Day, making permanent a shift…
Continue Reading Liz Weston: 3 times you need money advice from a human
By LIZ WESTON of NerdWallet You likely lean on a variety of apps and websites to manage your professional life, your social life and even your…
Continue Reading Portugal becomes fourth EU country to stop using coal plants
LISBON, Portugal (AP) — Environmental activists are welcoming the end of electricity generation from coal in Portugal. But they said Monday the…
Continue Reading Thailand’s DTAC and True to merge, pursue tech businesses
The Associated Press Thailand’s DTAC and True Corp. plan a merger that they say will create an “equal partnership” for pursuing…
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