Alibaba posts record sales for Singles Day, but growth is slowing
By Laura He, CNN Business Alibaba reported another year of record sales figures for Singles Day, the world’s largest annual shopping event. But…
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America’s prices are surging more than they have in 30 years
By Anneken Tappe, CNN Business There’s no end in sight for higher prices. US consumer price inflation surged higher again in October, the…
Continue Reading Elon Musk just sold $5 billion worth of Tesla stock
By Chris Isidore and Jill Disis, CNN Business Elon Musk sold roughly $5 billion worth of Tesla shares this week — his first such sale since 2016…
Continue Reading SpaceX crew launch marks 600 space travelers in 60 years
CAPE CANAVERAL, Florida — SpaceX has launched four astronauts to the International Space Station. The flight comes just two days after SpaceX…
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Nike extends as US Soccer Federation equipment supplier
CHICAGO (AP) — Nike has agreed to extend its contract as the U.S. Soccer Federation’s equipment supplier, a relationship that began when it…
Continue Reading After Twitter poll, CEO Musk sells off $5B in Tesla shares
By TOM KRISHER AP Auto Writer DETROIT (AP) — After promising on Twitter, Tesla CEO Elon Musk has sold about 4.5 million shares of the electric car…
Continue Reading Climate finance isn’t charity, says Indian minister at COP26
By ANIRUDDHA GHOSAL AP Science Writer GLASGOW, Scotland (AP) — India’s environment minister says climate finance is not charity and rich…
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Man seriously hurt in industrial conveyer belt mishap in Santa Teresa
SUNLAND PARK, New Mexico — A man was seriously injured in a conveyer belt mishap at an industrial business in Santa Teresa late Wednesday afternoon.…
Continue Reading China’s leader Xi warns against ‘Cold War’ in Asia-Pacific
By NICK PERRY and JIM GOMEZ Associated Press WELLINGTON, New Zealand (AP) — Chinese President Xi Jinping has warned against letting tensions in the…
Continue Reading Another UAW official charged with looting union coffers
By ED WHITE Associated Press DETROIT (AP) — Investigators say an official at a suburban Detroit branch of the United Auto Workers took $2 million…
Continue Reading Boeing agrees to settle with Ethiopia 737 Max crash victims
NEW YORK (AP) — Boeing has reached a legal agreement with the victims’ families from the March 2019 crash in Ethiopia that involved its 737-Max…
Continue Reading Disney returns to profit in 4Q, but streaming gains slow
By TALI ARBEL AP Technology Writer The Walt Disney Co. returned to a quarterly profit as it once again got a bump from reopened parks  but…
Continue Reading Beyond Meat Q3 sales fall short as US demand drops
By DEE-ANN DURBIN AP Business Writer Plant-based meat maker Beyond Meat reported lower-than-expected sales in the third quarter due to a slump in…
Continue Reading How major US stock indexes fared Wednesday
The Associated Press An eye-opening report on inflation that was hotter than expected slammed into the bond market on Wednesday, sending yields…
Continue Reading Perrigo, Wendy’s fall; RingCentral, Newmont rise
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Wednesday: Perrigo, Wendy’s fall; RingCentral, Newmont…
Continue Reading Human trafficking suit spreads to Hindu temples in 5 states
By DAVID PORTER Associated Press A lawsuit in which workers accuse a Hindu organization of human trafficking for luring them from India to build a…
Continue Reading Disney+’s slow growth is worrying Wall Street
By Frank Pallotta, CNN Business Disney’s streaming service continues to grow — just not as strong as investors on Wall Street were hoping.…
Continue Reading Here’s why groceries keep getting more expensive
CNN By Nathaniel Meyersohn, CNN Business You’ve probably realized that shopping for food and household basics is more expensive these days.…
Continue Reading Here’s why groceries keep getting more expensive
By Nathaniel Meyersohn, CNN Business You’ve probably realized that shopping for food and household basics is more expensive these days. Expect…
Continue Reading US sues Uber, saying wait fees discriminate against disabled
By DEE-ANN DURBIN AP Business Writer The federal government is suing Uber saying it discriminates against disabled people by charging fees when…
Continue Reading Tesla driver killed in fiery crash hit 90 mph, report says
By TERRY SPENCER and TOM KRISHER Associated Press FORT LAUDERDALE, Fla. (AP) — Federal investigators say a Tesla driver killed with a passenger in…
Continue Reading Real Medicare drug savings in Dems’ bill — but not overnight
By RICARDO ALONSO-ZALDIVAR Associated Press WASHINGTON (AP) — Medicare enrollees who take expensive medicines could save thousands of dollars a…
Continue Reading Closing prices for crude oil, gold and other commodities
The Associated Press Closing prices for crude oil, gold and other commodities, and foreign exchange…
Continue Reading Credit card interest rates are near all-time highs. Here’s how to tackle your debt
By Anna Bahney, CNN Business Credit card interest rates have moved swiftly higher this year, significantly increasing the cost burden on those who…
Continue Reading Hershey goes salty, buys Dot’s Homestyle Pretzels for $1.2B
By DEE-ANN DURBIN AP Business Writer Hershey is expanding its salty snack portfolio with the purchase of Dot’s Homestyle Pretzels. The Hershey Co.…
Continue Reading US budget deficit eases to $165B in October, down 42%
By MATT OTT AP Business Writer The U.S. monthly budget deficit fell in October as the government collected more taxes from individuals and…
Continue Reading Craft brewer Bell’s Brewery sold to Australia’s Lion
By DEE-ANN DURBIN AP Business Writer The U.S. beer industry has one less independent brewer. Michigan-based Bell’s Brewery said Wednesday it is…
Continue Reading US average long-term mortgage rates fall; 30-year at 2.98%
WASHINGTON (AP) — Average long-term mortgage rates in the U.S. fell this week, as the key 30-year rate again retreated below 3%. Mortgage buyer…
Continue Reading 78% of US markets hit with double-digit home price increases
By Anna Bahney, CNN Business The median price of single-family existing homes rose in nearly all — 99% — of the 183 markets tracked by…
Continue Reading Move over, bitcoin. Ether is back and nipping at your heels
By Paul R. La Monica, CNN Business Bitcoin has rocketed to an all-time high of nearly $70,000. But investors are even more excited about ethereum,…
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