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…
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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…
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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 NYC ending vaccine mandate for private employers on Nov. 1
By KAREN MATTHEWS Associated Press NEW YORK (AP) — New York City will lift its private-sector COVID-19 vaccine mandate on Nov. 1 but will continue…
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Tik Tok includes misinformation in its search engine
CNN — A new report is claiming one of the top social media platforms is delivering misinformation to young users. According to Newsguard’s…
Continue Reading New home building picked up last month, but builder sentiment remains low
By Anna Bahney Home building bounced back a bit last month even though demand for new homes among buyers had started to cool off and the cost of…
Continue Reading Lebanon aims to adopt long-delayed IMF reforms in October
By BASSEM MROUE and KAREEM CHEHAYEB Associated Press BEIRUT (AP) — Lebanon’s caretaker economy minister says the crisis-hit country hopes to…
Continue Reading Tax fossil fuel companies ‘feasting’ on profits as ‘planet burns’ and power bills soar, UN chief urges
By Angela Dewan, CNN Business Rich economies should hit oil and gas companies with new windfall taxes to provide help for countries suffering from…
Continue Reading Biden administration picks former Chicago, DC transportation leader to head EV charging program
By Matt McFarland, CNN Business Gabe Klein, who has led transportation departments in Washington, DC and Chicago, will head the Biden…
Continue Reading Spain cuts natural gas sales tax to help people with costs
MADRID (AP) — Spain will temporarily slash sales tax on natural gas from 21% to 5% to help consumers face rising energy costs this winter as Russia…
Continue Reading As many as 45,000 Fords can’t be sold because they’re missing parts
By Chris Isidore, CNN Business The still-clogged global supply chain continues to wreak havoc on the auto industry. Ford said late Monday it will end…
Continue Reading EU court rules German data retention rules illegal
BERLIN (AP) — The European Union’s top court has ruled that a German requirement for companies to retain the location and connection data of all…
Continue Reading Here’s why tech companies keep paying millions to settle lawsuits in Illinois
By Rachel Metz, CNN Business Regulators have spent years trying to make big tech companies pay for the ways they harvest and, at times, abuse…
Continue Reading Police: 12 hostages freed at bank in country of Georgia
TBILISI, Georgia (AP) — Police in the country of Georgia said Tuesday that 12 people who were held hostage for hours in a bank by a gunman have…
Continue Reading Anxious investors are piling into hedge funds
By Julia Horowitz, CNN Business For years, the climate for hedge funds was tough. Volatility was low. The price of everything was going up. It…
Continue Reading Company loses bid to recover payout for Dubai hotel fire
By MALAK HARB Associated Press DUBAI, United Arab Emirates (AP) — An insurance company that was ordered to pay more than a billion Dirhams in…
Continue Reading 4 Ukrainian regions schedule votes this week to join Russia
By JON GAMBRELL Associated Press KYIV, Ukraine (AP) — Russian-controlled regions of eastern and southern Ukraine announced plans Tuesday to start…
Continue Reading DP World wins another ruling in battle over Djibouti port
DUBAI, United Arab Emirates (AP) — Dubai-based shipping giant DP World says it has won another ruling in a longstanding legal battle over the…
Continue Reading Good news: Freight railroads are not on strike. Bad news: The service is still terrible
By Chris Isidore and Matt McFarland, CNN Business The fact that there is not a freight railroad strike happening this week is a huge win for the US…
Continue Reading Millennial Money: Furnish your new place on a budget
By DALIA RAMIREZ of NerdWallet If you’re settling into a new home, you might be looking to fill it with furniture. But after your rent or mortgage,…
Continue Reading Dutch king unveils billions in aid amid soaring inflation
By MOLLY QUELL Associated Press THE HAGUE, Netherlands (AP) — Dutch King Willem-Alexander has unveiled government plans to help households squeezed…
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