Swiss banks faulted over money laundering tied to Venezuela
By JAMEY KEATEN Associated Press GENEVA (AP) — Switzerland’s financial markets watchdog says it has reprimanded and set restrictions on two Swiss…
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Trump SPAC must be investigated, Elizabeth Warren demands
By Matt Egan, CNN Business Democratic Senator Elizabeth Warren wants federal regulators to investigate whether any laws were broken by the shell…
Continue Reading Inflation is coming for your cup of coffee next
By Matt Egan, CNN Business Not even coffee is immune to the powerful forces of extreme weather and inflation. Coffee futures climbed on Thursday to…
Continue Reading CVS is closing 900 stores
CNN, CNNBUSINESS By Jordan Valinsky, CNN Business CVS Health is closing 900 stores over the next three years, amounting to nearly 10% of its…
Continue Reading Independent websites team up to boost rural journalism
By DAVID BAUDER AP Media Writer NEW YORK (AP) — Several independent websites are joining forces to create a network for news about rural America,…
Continue Reading UN to Elon Musk: Here’s that $6 billion plan to fight world hunger
By Jackie Wattles, CNN Business The director of the United Nations’ World Food Programme laid out a plan to spend $6.6 billion to combat world…
Continue Reading Glitchy features dent electric SUV reliability, survey finds
By TOM KRISHER AP Auto Writer DETROIT (AP) — Consumer Reports says electric SUVs generally are among the least reliable vehicles on the road, but…
Continue Reading CVS is closing 900 stores
By Jordan Valinsky, CNN Business CVS Health is closing 900 stores over the next three years, amounting to nearly 10% of its footprint, in response to…
Continue Reading Nearly half of Victoria’s Secret’s holiday products have been stuck at ports or in transit
By Parija Kavilanz, CNN Business Victoria’s Secret says that nearly 50% of its holiday merchandise is stuck in transit as Black Friday quickly…
Continue Reading UN to Elon Musk: Here’s that $6 billion plan to end world hunger
CNN By Jackie Wattles, CNN Business The director of the United Nations’ World Food Programme laid out a plan to spend $6.6 billion to combat…
Continue Reading UN to Elon Musk: Here’s that $6 billion plan to end world hunger
CNN By Jackie Wattles, CNN Business The director of the United Nations’ World Food Programme laid out a plan to spend $6.6 billion to combat…
Continue Reading UN to Elon Musk: Here’s that $6 billion plan to fight world hunger
CNN By Jackie Wattles, CNN Business The director of the United Nations’ World Food Programme laid out a plan to spend $6.6 billion to combat…
Continue Reading GOP paints Biden’s choice for bank regulator as radical
By KEN SWEET AP Business Writer WASHINGTON (AP) — President Joe Biden’s choice to become one of the top banking regulators endured a contentious…
Continue Reading CVS is closing 900 stores
CNN By Jordan Valinsky, CNN Business CVS Health is closing 900 stores over the next three years, amounting to nearly 10% of its footprint, in…
Continue Reading CVS Health to close hundreds of drugstores over next 3 years
By TOM MURPHY AP Health Writer CVS Health will close hundreds of drugstores over the next three years, as the health care giant adjusts to changing…
Continue Reading How to find lower prices and avoid empty shelves during the holiday shopping rush
By Nathaniel Meyersohn, CNN Business By now, everyone knows about supply chain chaos and rising inflation that are disrupting the holiday shopping…
Continue Reading Consumers caught in middle as Amazon, Visa clash over fees
By KELVIN CHAN AP Business Writer LONDON (AP) — Customers are caught in the middle of a growing dispute between Amazon and Visa over transaction…
Continue Reading US average 30-year mortgage rate back up over 3% this week
By MATT OTT AP Business Writer SILVER SPRING, Md. (AP) — The average long-term U.S. mortgage rate rose this week, with the main 30-year rate…
Continue Reading EU opens door to giving aid for semiconductor production
By SAMUEL PETREQUIN Associated Press BRUSSELS (AP) — The European Commission says it could approve aid to fund production of semiconductors in the…
Continue Reading Alibaba warns of slower growth after missing Wall Street’s earnings estimates
By Paul R. La Monica, CNN Business Alibaba reported sales and earnings for the third quarter that missed forecasts and warned that results for the…
Continue Reading Elizabeth Holmes trial: Journalist who helped ‘raise to prominence’ Theranos CEO takes witness stand
By Sara Ashley O’Brien, CNN Business Journalist Roger Parloff, who wrote the first major cover story on Theranos’ Elizabeth Holmes and…
Continue Reading Cathay Pacific fires three pilots who caught Covid-19 in Germany
By Duarte Mendonca, CNN Cathay Pacific has fired three pilots after they were infected with coronavirus in the German city of Frankfurt. The Hong…
Continue Reading Rising prices threaten profit margins at food companies
By DAMIAN J. TROISE AP Business Writer A wide range of companies could feel a tighter squeeze on their profits from rising food prices if inflation…
Continue Reading This holiday shopping season is going to be tough. Here are 4 ways to keep from overspending
Opinion by Catherine Franssen for CNN Business Perspectives As supply chain disruptions continue to impact businesses around the globe, consumers…
Continue Reading Scant fraud reported among U.S. rental assistance programs
By ADAM BEAM and MICHAEL CASEY Associated Press SACRAMENTO, Calif. (AP) — Unemployment agencies across the country were bombarded with fraudulent…
Continue Reading EU drug agency starts evaluating new COVID-19 treatment
AMSTERDAM (AP) — The European Union’s medicines authority says it has begun evaluating a new drug for treating COVID-19 patients who do not…
Continue Reading U.S. jobless claims drop seventh straight week to 268,000
By PAUL WISEMAN AP Economics Writer WASHINGTON (AP) — The number of Americans applying for unemployment benefits fell for the seventh straight week…
Continue Reading UK government faces criticism over high-speed rail revisions
By PAN PYLAS Associated Press LONDON (AP) — The British government has came under fire for scrapping a long-planned high-speed rail line to the…
Continue Reading Oil prices are finally falling. Thank China and Joe Biden
By Julia Horowitz, CNN Business The price of oil has shot up this fall, boosting profits for major producers but hurting the wallets of drivers who…
Continue Reading Exclusive: House Democrats call for Biden to ban oil exports and tap emergency reserves
CNN, CNNBUSINESS By Matt Egan, CNN Business Nearly a dozen Congressional Democrats are urging President Joe Biden to combat high gas prices by not…
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