Fintechs are the new corner bank, but big financial firms are fighting back
By Paul R. La Monica, CNN Business Fintech giants Square and PayPal are taking Main Street by storm. More consumers, especially younger ones, are…
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Tesla fan attacks on government’s new safety advisor are ‘calculated,’ says head of safety agency
By Matt McFarland, CNN Business Jennifer Homendy, chair of the National Transportation Safety Board (NTSB), said Tuesday that the recent backlash…
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Bulgarian restaurant workers protest new COVID-19 pass rule
By VESELIN TOSHKOV Associated Press SOFIA, Bulgaria (AP) — Thousands of restaurant owners, chefs, waiters and bartenders are protesting in cities…
Continue Reading GE Appliances announces $450 million investment in Kentucky
By BRUCE SCHREINER Associated Press LOUISVILLE, Ky. (AP) — GE Appliances has announced plans to add more than 1,000 jobs at its sprawling Kentucky…
Continue Reading Facebook changes its company name to Meta
By Samantha Murphy Kelly, CNN Business Facebook is changing its company name as it shifts its focus to the “metaverse” and confronts…
Continue Reading Ohio Attorney General sues Meta over revelations from the ‘Facebook Papers’
CNN, CNNBUSINESS By Clare Duffy, CNN Business Ohio Attorney General Dave Yost on Monday announced that he is suing Meta, the social media giant…
Continue Reading There’s now a McRib NFT and what are we even doing anymore?
By Allison Morrow, CNN Business It is a curse of the modern age that technology has rendered us incapable of experiencing beauty in real time — all…
Continue Reading Democrats plan to tax buybacks to help pay for $1.75 trillion spending plan
By Matt Egan, CNN Business The framework on President Joe Biden’s $1.75 trillion economic and climate agenda calls for paying for the ambitious…
Continue Reading Cannabis is one industry that’s actually coming out of Covid even stronger
By Alicia Wallace, CNN Business When members of the cannabis industry descended upon Las Vegas last week for the biggest trade show in the business,…
Continue Reading Cannabis is one industry that’s actually coming out of Covid even stronger
CNN By Alicia Wallace, CNN Business When members of the cannabis industry descended upon Las Vegas last week for the biggest trade show in the…
Continue Reading Minister: Poland should not pay any of its EU court fines
By MONIKA SCISLOWSKA Associated Press WARSAW, Poland (AP) — Poland’s justice minister says the European Union member should not pay any of…
Continue Reading Report: Dutch govt missing climate targets, must act faster
THE HAGUE, Netherlands (AP) — An independent Dutch government advisory panel says the government must urgently take more action to rein in…
Continue Reading 72% of unvaccinated workers vow to quit if ordered to get vaccinated
By Chris Isidore and Virginia Langmaid, CNN Business A large number of unvaccinated workers say they’ll quit their jobs if their employers…
Continue Reading Skypod firm in UAE tied to investment company flagged abroad
By JON GAMBRELL Associated Press SHARJAH, United Arab Emirates (AP) — A company in the United Arab Emirates hopes to sell its electric pod transit…
Continue Reading US companies announce plans for gene-edited strawberries
By KEITH RIDLER Associated Press BOISE, Idaho (AP) — An Idaho company that successfully brought genetically modified potatoes to the market has…
Continue Reading CEO says Volkswagen has ‘seen the worst’ of the chip shortage
By Anna Cooban, CNN Business Volkswagen thinks the worst of the global chip shortage is in its rear-view mirror. CEO Herbert Diess told CNN Business…
Continue Reading Energy prices lift oil and gas stocks, weigh on the economy
By DAMIAN J. TROISE AP Business Writer Energy prices are soaring in 2021 and oil and gas stocks are the clear winners, but the losers might just turn…
Continue Reading US economy slowed to a 2% rate last quarter in face of COVID
By MARTIN CRUTSINGER AP Economics Writer WASHINGTON (AP) — Hampered by COVID-19 cases and supply shortages, the U.S. economy slowed sharply to a 2%…
Continue Reading US jobless claims drop to pandemic low of 281,000
By PAUL WISEMAN AP Economics Writer WASHINGTON (AP) — The number of Americans applying for unemployment benefits fell to a pandemic low last week,…
Continue Reading America’s economic recovery hits a major roadblock
By Anneken Tappe, CNN Business This summer, the American economic recovery hit a roadblock. The US economy grew at an annualized rate of only 2% in…
Continue Reading America’s economic recovery hits a major roadblock
CNN, CNNBUSINESS By Anneken Tappe, CNN Business This summer, the American economic recovery hit a roadblock. The US economy grew at an annualized…
Continue Reading Christmas is going to be great for stores, if their names are Walmart or Target
By Nathaniel Meyersohn, CNN Business It’ll be a very merry Christmas for America’s biggest retailers. Retail sales in November and…
Continue Reading Merck envisions billions from COVID-19 treatment sales
By TOM MURPHY AP Health Writer Merck fell out of the race to develop COVID-19 vaccines earlier this year but could vault to head of the pack for…
Continue Reading Should Shell be broken up? An activist investor thinks so
By Julia Horowitz, CNN Business As world leaders prepare to gather in Glasgow for the COP26 climate summit, an activist investor is telling one of…
Continue Reading New dads are ‘losers’ if they take 6 months paternity leave, prominent venture capitalist says
By Jordan Valinsky, CNN Business A prominent venture capitalist is under fire for calling new dads “losers” if they take months of…
Continue Reading U of Michigan gets $40M gift to help 1st-generation students
By ANNA LIZ NICHOLS Associated Press/Report for America LANSING, Mich. (AP) — A program at the University of Michigan to combat struggles that…
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Supply chain disruptions making Halloween season even spookier for El Pasoans
EL PASO, Texas — Spooky season is upon us, but something may be even more spooky for parents, empty shelves. Many people are having a hard time…
Continue Reading China and Serbia praise ‘steel friendship’ amid growing ties
By DUSAN STOJANOVIC Associated Press BELGRADE, Serbia (AP) — Serbian officials have praised the “steel friendship” with China during talks with…
Continue Reading Resurgent demand drives Caterpillar sales in third quarter
By MICHELLE CHAPMAN AP Business Writer Construction demand drove third quarter sales higher at Caterpillar as did rising demand from miners and other…
Continue Reading Facebook exec pushes back on whistleblower claims
By BARBARA ORTUTAY AP Technology Writer Monika Bickert, Facebook’s head of global policy management, says the social media giant does not…
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