FTC reviewing Amazon’s $1.7 billion deal to buy iRobot
By HALELUYA HADERO AP Business Writer NEW YORK (AP) — The Federal Trade Commission is investigating Amazon’s $1.7 billion acquisition of iRobot.…
Continue ReadingBiz/Tech
Manchin rails against ‘revenge politics’ on permit plan
By MATTHEW DALY Associated Press WASHINGTON (AP) — Sen. Joe Manchin on Tuesday railed against what he called “revenge politics″ being used…
Continue Reading NTSB wants all new vehicles to check drivers for alcohol use
By TOM KRISHER AP Auto Writer DETROIT (AP) — The National Transportation Safety Board is recommending that all new vehicles in the U.S. be equipped…
Continue Reading
Gap is laying off 500 corporate employees as challenges mount
By Jordan Valinsky, CNN Business Roughly 500 corporate jobs are being eliminated at the Gap, adding to the problems that the beleaguered retailer is…
Continue Reading FTC probes Amazon’s $1.7 billion acquisition of Roomba maker iRobot
By Brian Fung, CNN The Federal Trade Commission is taking a closer look at Amazon’s proposed acquisition of iRobot, the company that produces…
Continue Reading GOP AGs push Visa, Mastercard, AmEx not to track gun sales
By KEN SWEET AP Business Writer NEW YORK (AP) — A group of Republican attorneys general are pushing the major payment networks — Visa, Mastercard…
Continue Reading Turkish leader to United Nations: Be ‘much more influential’
By AYA BATRAWY Associated Press UNITED NATIONS (AP) — Turkey’s president used his speech at the U.N. General Assembly to shine a spotlight on…
Continue Reading Queen Elizabeth’s funeral draws 26 million viewers in the UK
By Anna Cooban, CNN Business More than 26 million people tuned in to watch the Queen’s funeral in the United Kingdom on Monday, the first to be…
Continue Reading Amid energy squeeze, Paris’ Champs-Elysees trims shop lights
PARIS (AP) — The committee governing Paris’ Champs-Elysees says it is switching off shop lights on the famed avenue hours earlier each night to…
Continue Reading Germany in deal for Slovenia to send tanks to Ukraine
BERLIN (AP) — The Defense Ministry in Berlin says Germany and Slovenia have agreed upon a deal that will see Slovenia send 28 tanks of Soviet-era…
Continue Reading Stocks sink as investors wait for the Fed’s rate hike
By Paul R. La Monica, CNN Business So much for Wall Street sitting back and taking it easy while awaiting the Federal Reserve’s latest interest…
Continue Reading Crypto firm Wintermute hit by $160 million theft
By Jennifer Korn, CNN Business Hackers have stolen around $160 million worth of cryptocurrency from crypto market maker Wintermute, the company said…
Continue Reading Crypto firm Wintermute hit by $160 million theft
CNN By Jennifer Korn, CNN Business Hackers have stolen around $160 million worth of cryptocurrency from crypto market maker Wintermute, the company…
Continue Reading ‘Astonishing.’ Morgan Stanley hard drives holding sensitive client data got auctioned off online
By Matt Egan, CNN Business Federal regulators accused Morgan Stanley on Tuesday of “astonishing” failures that led to the mishandling of…
Continue Reading US: 48 exploited pandemic to steal $250M from food program
By AMY FORLITI Associated Press MINNEAPOLIS (AP) — United States authorities charged 48 people in Minnesota with conspiracy and other counts in…
Continue Reading Strikes could bring UK railways to a standstill
By Anna Cooban and Arnaud Siad, CNN Business Labor unions in the United Kingdom offered the country a brief respite from a wave of strike action…
Continue Reading Apple plans fix for bug that users say makes iPhone 14 Pro camera shake uncontrollably
By Samantha Murphy Kelly, CNN Business Apple said it is working on a software fix after some users who recently purchased an iPhone 14 Pro or iPhone…
Continue Reading Wonder where the economy is heading? Keep an eye on earnings
By Paul R. La Monica, CNN Business Corporate America is starting to brace for a recession. Economic bellwether FedEx stunned Wall Street last week…
Continue Reading Hertz to order up to 175K GM electric vehicles over 5 years
Hertz plans to order up to 175,000 Chevrolet, Buick, GMC, Cadillac and BrightDrop electric vehicles from General Motors over the next five years. The…
Continue Reading Potential jurors quizzed on Trump in inaugural chair’s trial
By TOM HAYS Associated Press NEW YORK (AP) — Potential jurors in a federal case against an ally of Donald Trump have been quizzed on what they…
Continue Reading Stocks sink as investors wait for the Fed’s rate hike
CNN By Paul R. La Monica, CNN Business So much for Wall Street sitting back and taking it easy while awaiting the Federal Reserve’s latest…
Continue Reading Spotify launches audiobook store with some 300,000 titles
By The Associated Press NEW YORK (AP) — The expanding audio books market has a major new retailer: Spotify. On Tuesday, the music streaming service…
Continue Reading UK’s Truss says she’ll slash taxes despite economic crisis
By JILL LAWLESS Associated Press NEW YORK (AP) — U.K. Prime Minister Liz Truss said Tuesday that she’s ready to make “unpopular decisions”…
Continue Reading Twitter to depose Elon Musk next week
By Brian Fung and Clare Duffy, CNN Business Twitter’s lawyers are set to question Elon Musk in a deposition that could last up to three day…
Continue Reading Time for someone else to ride the Peloton bike?
By Paul R. La Monica, CNN Business Peloton formally unveiled its high-priced new rowing machine Tuesday. But the company is still facing rough…
Continue Reading Opinion: The world is moving backward in the combat against poverty and disease. Here’s what we need to do
Opinion by Mark Suzman for CNN Business Perspectives The first two decades of the 21st century provided more progress for more people than perhaps…
Continue Reading Hackers accessed data on some American Airlines customers
DALLAS (AP) — American Airlines says personal information of a “very small number” of customers and employees was compromised after hackers…
Continue Reading Walgreens to buy remainder of Shields Health for $1.4B
By TOM MURPHY AP Health Writer Walgreens is spending nearly $1.4 billion to buy the remaining stake in Shields Health Solutions it doesn’t already…
Continue Reading Beyond Meat executive charged with biting man in fight
By DEE-ANN DURBIN AP Business Writer A top executive at plant-based food company Beyond Meat has been charged with felony battery after a fight…
Continue Reading Spain arrests 32 allegedly linked to Italy’s ‘ndrangheta mob
Associated Press MADRID (AP) — Europol says 32 people have been arrested in Spain for alleged ties to Italy’s ‘ndrangheta mafia for…
Continue Reading