2 Louisiana insurance companies fail after Hurricane Ida
BATON ROUGE, La. (AP) — Insurance companies operating in Louisiana will be charged at least $100 million to pay claims of two failed property…
Continue ReadingBiz/Tech
Belgian police use water, tear gas on COVID-19 protesters
BRUSSELS (AP) — Belgian police used water cannon and tear gas to disperse some rowdy protesters in Brussels after most marched peacefully through…
Continue Reading
How Elon Musk sold 10 million Tesla shares and increased his Tesla holdings
By Chris Isidore, CNN Business Tesla CEO Elon Musk sold a massive stake in his company over the past several weeks. And yet he owns 564,000 more…
Continue Reading Small stocks are getting crushed. That’s a bad sign for the economy
By Paul R. La Monica, CNN Business Smaller American companies are getting crushed in the stock market’s recent wild swings. That could be an…
Continue Reading
Borderland businesses seek support beyond Small Business Saturday
EL PASO, Texas — Just one week after Small Business Saturday, small businesses continue to see the support from the local community. Borderland…
Continue Reading COVID outbreak on cruise ship approaching New Orleans
NEW ORLEANS (AP) — Officials say 10 people aboard a Norwegian Cruise Line ship approaching New Orleans have tested positive for COVID-19. The…
Continue Reading CNN fires Chris Cuomo
By Brian Stelter, CNN Business CNN said Saturday that anchor Chris Cuomo has been “terminated” by the network, “effective…
Continue Reading Austin: Allies, innovation key to US competition with China
By LOLITA C. BALDOR Associated Press WASHINGTON (AP) — Defense Secretary Lloyd Austin says the Pentagon intends to work better with private…
Continue Reading With Chris Cuomo gone from CNN, another cable news time slot is up for grabs
CNN By Brian Stelter, CNN Business A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for…
Continue Reading CNN fires Chris Cuomo
CNN By Brian Stelter, CNN Business CNN said Saturday that anchor Chris Cuomo has been “terminated” by the network, “effective…
Continue Reading Former Netflix engineer and accomplice sentenced to prison for insider trading
By Ramishah Maruf, CNN Business A former Netflix software engineer and his best friend were sentenced Friday for securities fraud, the US…
Continue Reading Goldman Sachs cuts US GDP growth forecast for 2022 over Omicron fears
Reuters Goldman Sachs on Saturday cut its outlook for U.S. economic growth to 3.8% for 2022, citing risks and uncertainty around the emergence of the…
Continue Reading Seminole Tribe suspends Florida online sports betting app
HOLLYWOOD, Fla. (AP) — The Seminole Tribe of Florida has shut down its online sports betting app after being dealt its latest legal defeat in a…
Continue Reading UK tightens travel testing rules amid omicron concerns
LONDON (AP) — Britain’s government has tightened travel restrictions amid concerns about the spread of the omicron coronavirus variant. It said…
Continue Reading Trump media partner says it has lined up $1B in capital
PALM BEACH, Florida (AP) — Donald Trump’s new social media company and its special purpose acquisition company partner say the partner has…
Continue Reading Anti-lockdown protesters march through Dutch city of Utrecht
By ALEKSANDAR FURTULA Associated Press UTRECHT, Netherlands (AP) — Thousands of people have marched peacefully through the Dutch city of Utrecht to…
Continue Reading Bitcoin plunges overnight
By Ramishah Maruf, CNN Business and Reuters Bitcoin prices plummeted overnight to a low of about $43,000. As of 10:30 am EST Saturday, the…
Continue Reading US drugstores squeezed by vaccine demand, staff shortages
By TOM MURPHY AP Health Writer A rush of vaccine-seeking customers and staff shortages are squeezing drugstores around the country. That has led to…
Continue Reading Man-made diamonds are the new engagement ring trend
By Parija Kavilanz, CNN Business For many couples who recently cemented their commitment to each other with an engagement, the choice of ring…
Continue Reading Protesters block roads in Serbia to criticize mining plans
By DUSAN STOJANOVIC Associated Press BELGRADE, Serbia (AP) — Thousands of protesters have gathered in Belgrade and other Serbian towns and villages…
Continue Reading How Elizabeth Holmes’ abuse allegations could impact her criminal trial
By Sara Ashley O’Brien, CNN Business For months, jurors at Elizabeth Holmes’ criminal trial have heard one witness after another speak…
Continue Reading How eBay’s new CEO turned it into a pandemic winner
By Paul R. La Monica, CNN Business When PayPal split off from eBay a few years ago, eBay was considered to be the less exciting company. But…
Continue Reading How Costco, Sam’s Club and BJ’s won the pandemic
By Nathaniel Meyersohn, CNN Business Few companies have gained more of an advantage during the pandemic than America’s warehouse club giants.…
Continue Reading Time is no ally as Dems strain to finish Biden’s $2T bill
By ALAN FRAM Associated Press WASHINGTON (AP) — Democrats are hoping that Congress is nearing the finish line in its seven-month trek on President…
Continue Reading Right-wing activists are openly ‘weaponizing’ Twitter’s new private media policy
By Brian Fung, CNN Business Twitter acknowledged on Friday that a new policy it unveiled this week to protect users from harassment is being abused…
Continue Reading Colorado supermarket shooting suspect incompetent for trial
By COLLEEN SLEVIN Associated Press DENVER (AP) — A man charged with killing 10 people at a Colorado supermarket earlier this year has been ruled…
Continue Reading Time is no ally as Dems strain to finish Biden’s $2T bill
By ALAN FRAM Associated Press WASHINGTON (AP) — Democrats are hoping that Congress is nearing the finish line in its seven-month trek on President…
Continue Reading Report on Seattle mayor’s missing texts yet to materialize
SEATTLE (AP) — A completed report on Seattle Mayor Jenny Durkan’s missing text messages from a period during last year’s racial justice…
Continue Reading Nevada court sides with gunmakers in Las Vegas shooting suit
CARSON CITY, Nev. (AP) — Nevada’s Supreme Court ruled gun manufacturers cannot be held responsible for the deaths in the 2017 mass shooting…
Continue Reading Banning US oil exports would be a ‘gift to OPEC and Putin,’ Big Oil CEO says
By Matt Egan, CNN Business President Joe Biden has already launched the biggest intervention into energy markets in a decade. Big Oil is nervous…
Continue Reading