Home heating prices are skyrocketing, and there’s nothing Biden can do about it
By Matt Egan, CNN Business Americans are already dealing with sticker shock at the grocery store and when filling up at the pump. Next up: Home…
Continue ReadingBiz/Tech
High oil prices are unlikely to last, Chevron CFO tells CNN
CNN, CNNBUSINESS By Matt Egan, CNN Business Oil prices are unlikely to stay elevated for long, Chevron’s chief financial officer told CNN.…
Continue Reading
Nokia 3Q profit beats expectations despite chip shortage
By JARI TANNER Associated Press HELSINKI (AP) — Wireless and fixed-network equipment maker Nokia has reported third-quarter profit above analyst…
Continue Reading Energy costs give Spain highest price increase in 29 years
MADRID (AP) — Spain’s National Statistics Institute says consumer prices increased this month by the country’s highest rate in 29 years…
Continue Reading Sony raises forecast as sales hold up amid COVID damage
By YURI KAGEYAMA AP Business Writer TOKYO (AP) — Sony has reported its profit fell 54% in the last quarter, mainly due to a one-time tax-related…
Continue Reading European Central Bank keeps pandemic support going
By DAVID McHUGH AP Business Writer FRANKFURT, Germany (AP) — The European Central Bank has decided to keep its pandemic stimulus efforts unchanged…
Continue Reading Facebook grilled by UK lawmakers making online safety rules
LONDON (AP) — British lawmakers have grilled Facebook and other tech giants over how they handle online safety. The questioning comes as European…
Continue Reading Volkswagen lowers sales outlook as chip shortage hits profit
FRANKFURT, Germany (AP) — Volkswagen has lowered its forecast for deliveries to customers and reported a decrease in operating profits for the…
Continue Reading Biden, Dems get low marks on spending talks: AP-NORC poll
By KEVIN FREKING and HANNAH FINGERHUT Associated Press WASHINGTON (AP) — President Joe Biden and Democrats are getting low marks from the public as…
Continue Reading France fines British boats as fishing dispute escalates
By DANICA KIRKA and THOMAS ADAMSON Associated Press LONDON (AP) — Britain says it will summon the French ambassador for a dressing-down, the latest…
Continue Reading Oil giants deny spreading disinformation on climate change
By MATTHEW DALY Associated Press WASHINGTON (AP) — Top executives of ExxonMobil and other oil giants have denied spreading disinformation about…
Continue Reading Indonesia warily weighs holiday travel with virus concerns
By DAVID RISING and EDNA TARIGAN Associated Press JAKARTA, Indonesia (AP) — Indonesians are looking ahead warily toward the holiday travel season,…
Continue Reading Asia shares slip despite signs of optimism on global economy
By YURI KAGEYAMA AP Business Writer TOKYO (AP) — Asian shares are slipping, despite recent signs of optimism about the global economy, including…
Continue Reading Biden announces ‘historic’ deal — but still must win votes
By LISA MASCARO, AAMER MADHANI and FARNOUSH AMIRI Associated Press WASHINGTON (AP) — President Joe Biden says he has reached a “historic”…
Continue Reading Wall Street Journal reporters object while opinion section prints Trump’s letter to the editor
By Brian Stelter, CNN Business The Wall Street Journal’s Opinion section published a lengthy letter to the editor from Donald Trump on…
Continue Reading Wall Street Journal reporters object while opinion section prints Trump’s letter to the editor
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 Wall Street Journal reporters object while opinion section prints Trump’s letter to the editor
CNN By Brian Stelter, CNN Business The Wall Street Journal’s Opinion section published a lengthy letter to the editor from Donald Trump on…
Continue Reading US park service, tourism group partner to highlight tribes
ALBUQUERQUE, N.M. (AP) — The National Park Service has partnered with a tourism association to ensure the contributions of Native Americans are…
Continue Reading Australia rules out committing to methane reduction target
By ROD McGUIRK Associated Press CANBERRA, Australia (AP) — Australia has ruled out promising to cut methane emissions by 30% by the end of the…
Continue Reading Samsung reports robust profit thanks to chip demand
SEOUL, South Korea (AP) — Samsung Electronics has reported its highest quarterly profit in three years as it continues to see robust demand for its…
Continue Reading New Zealand eases quarantine but won’t welcome tourists yet
By NICK PERRY Associated Press WELLINGTON, New Zealand (AP) — New Zealand will gradually loosen its border quarantine system, which has been among…
Continue Reading
Starbucks raising US workers’ pay as union effort looms
By DEE-ANN DURBIN AP Business Writer Starbucks is raising its U.S. employees’ pay and making other changes to improve working conditions in its…
Continue Reading Federal jury: Immigrant detainees are owed minimum wage
By GENE JOHNSON Associated Press SEATTLE (AP) — A federal jury has determined that The GEO Group must pay minimum wage — rather than $1 a day —…
Continue Reading Google rolls out tool to help minors delete photos from search
By Samantha Murphy Kelly, CNN Business Google is now making it easier for minors or their parents to have photos of them deleted from search results.…
Continue Reading Ford shares soar on raised earnings outlook and restored dividend
By Chris Isidore, CNN Business As with most automakers, Ford’s earnings took a hit from the supply chain problems and computer chip shortage.…
Continue Reading FDA sets stronger safety warnings for breast implants
By MATTHEW PERRONE AP Health Writer WASHINGTON (AP) — The Food and Drug Administration is enforcing new warnings on breast implants. The federal…
Continue Reading How major US stock indexes fared Wednesday
The Associated Press Stocks faded in the last hour of trading and ended mostly lower Wednesday, a day after the S&P 500 and the Dow Jones…
Continue Reading Ransomware gang says it targeted National Rifle Association
By ALAN SUDERMAN Associated Press RICHMOND, Va. (AP) — A ransomware gang believed to operate out of Russia says it’s hacked the National…
Continue Reading Texas Instruments, Cortexyme fall; Microsoft, Enphase rise
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Wednesday: Texas Instruments, Cortexyme fall; Microsoft, Enphase…
Continue Reading How stablecoin is different than other cryptocurrencies … and how it’s not
By Jeanne Sahadi, CNN Business Cryptocurrencies are usually characterized by wild price swings and extreme volatility. But there is one…
Continue Reading