Tesla shakes off supply chain issues to post record profit, again
By Chris Isidore, CNN Business Tesla reported record earnings that blew past Wall Street forecasts, as the company was able to shake off the effects…
Continue ReadingBiz/Tech
How major US stock indexes fared Wednesday
The Associated Press Stocks ended higher on Wall Street Wednesday, bringing the S&P 500 to the brink of another record high. The benchmark index…
Continue Reading Brinker, Baker Hughes fall; Anthem, Abbott Laboratories rise
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Wednesday: Brinker, Baker Hughes fall; Anthem, Abbott Laboratories…
Continue Reading US bars disposable gloves from Malaysia over forced labor
WASHINGTON (AP) — The U.S. government has ordered a halt to imports of disposable gloves from a Malaysian company and its subsidiaries after…
Continue Reading Senator asks Facebook CEO to testify on Instagram and kids
By MARCY GORDON AP Business Writer WASHINGTON (AP) — The senator leading a probe of Facebook’s Instagram and its impact on young people is asking…
Continue Reading Mexico: drug cartels recruiting youths through video games
MEXICO CITY (AP) — Mexican officials say drug cartels are recruiting youths through contacts made on multiplayer online video games. Mexico’s…
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 The Ford Mustang Mach-E GT amps up the power in the company’s electric lineup
CNN By Peter Valdes-Dapena, CNN Business For a lot of people there is one real Ford Mustang. It’s the Ford Mustang GT coupe with the big…
Continue Reading The Ford Mustang Mach-E GT amps up the power in the company’s electric lineup
By Peter Valdes-Dapena, CNN Business For a lot of people there is one real Ford Mustang. It’s the Ford Mustang GT coupe with the big 5.0-liter…
Continue Reading Plea deal: Louisiana man to repay $76,000 coronavirus aid
LAFAYETTE, La. (AP) — The owner of a Louisiana livestock business has pleaded guilty to stealing more than $76,000 in federal coronavirus farm aid.…
Continue Reading Hacking tool linked with Russian crime ring used in Sinclair ransomware attack, analysts say
By Sean Lyngaas, CNN Business The hacking tool used in a ransomware attack that disrupted programming at Sinclair Broadcast Group is similar to…
Continue Reading Senator calls on Facebook CEO Mark Zuckerberg to testify about Instagram and kids
By Donie O’Sullivan, CNN Business Sen. Richard Blumenthal wrote to Mark Zuckerberg Wednesday, calling on the Facebook CEO or the head of…
Continue Reading Fed survey finds economy facing supply chain, other drags
By MARTIN CRUTSINGER AP Economics Writer WASHINGTON (AP) — The Federal Reserve reports that the economy was facing a number of headwinds at the…
Continue Reading Samsung now lets you design your own flip smartphone
By Samantha Murphy Kelly, CNN Business Smartphone design hasn’t varied much in years and customers are typically beholden to whatever decisions…
Continue Reading Pinterest shares soar on reports PayPal may buy it
By Rishi Iyengar, CNN Business Pinterest’s stock surged on Wednesday following a report that digital payments company PayPal is looking to…
Continue Reading New executive order aims to alleviate congestion at California’s ports
By Vanessa Yurkevich, CNN Business To alleviate cargo congestion at shipping ports in California, Governor Gavin Newsom issued an executive order…
Continue Reading Online shopping bummer: Out-of-stock products surged 172% from pre-pandemic levels
By Parija Kavilanz, CNN Business If you were shopping online in the late summer, chances are you may have been hit with an unfortunate message: The…
Continue Reading Coast Guard had earlier notice about California oil spill
By AMY TAXIN and BRIAN MELLEY Associated Press HUNTINGTON BEACH, Calif. (AP) — Records show the Coast Guard received multiple reports of a possible…
Continue Reading Report: Trump golf club under new criminal probe over taxes
Associated Press NEW YORK (AP) — Donald Trump’s company is under criminal investigation by a district attorney in a New York City suburb into…
Continue Reading Supply chain stress is intensifying and showing no signs of fading, Moody’s Analytics says
By Matt Egan, CNN Business From port congestion and price spikes to widespread shortages, stress in US supply chains is intensifying and could slow…
Continue Reading FDA OKs mixing COVID vaccines; backs Moderna, J&J boosters
By MATTHEW PERRONE and LAURAN NEERGAARD Associated Press WASHINGTON (AP) — U.S. regulators are extending COVID-19 boosters to Americans who got the…
Continue Reading How Verizon became the Dow’s worst stock
By Paul R. La Monica, CNN Business Verizon reported earnings that topped forecasts Wednesday morning and issued a more upbeat outlook for 2022.…
Continue Reading $650M plan would give Los Angeles Zoo flashy transformation
LOS ANGELES (AP) — A $650 million plan would give the Los Angeles Zoo a theme park-style transformation over the next 20 years. The Los Angeles…
Continue Reading Biden administration move could block Minnesota copper mine
By STEVE KARNOWSKI Associated Press MINNEAPOLIS (AP) — The Biden administration has dealt a serious blow to the proposed Twin Metals copper-nickel…
Continue Reading Gates Foundation to spend $120M on access for COVID-19 pill
By HALELUYA HADERO AP Business Writer The Bill and Melinda Gates Foundation says it will spend $120 million to boost access to generic versions of…
Continue Reading Biogen CEO: ‘Major bottleneck’ still limits Alzheimer’s drug
By TOM MURPHY AP Health Writer A new Alzheimer’s drug from Biogen brought in only $300,000 in sales during its first full quarter on the market. It…
Continue Reading Bitcoin surges to new record above $66,000
By Paul R. La Monica, CNN Business The bitcoin bull market is showing no signs of slowing down. Bitcoin, the world’s most valuable…
Continue Reading Ex-Alitalia flight attendants strip off uniforms in protest
ROME (AP) — Dozens of former flight attendants from defunct Italian airline Alitalia have stripped off their uniforms, wearing only undergarments…
Continue Reading Serbia introduces evening COVID passes amid infection surge
BELGRADE, Serbia (AP) — Serbia has introduced COVID passes for indoor venues in late evening hours following weeks of surging infections and…
Continue Reading Bitcoin tops $66,000, sets record as crypto goes mainstream
By STAN CHOE AP Business Writer NEW YORK (AP) — Bitcoin stormed above $66,000 for the first time on Wednesday, riding a wave of excitement about…
Continue Reading