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Best Buy's Q1 results show inflation's bite


Created: Tue, 24 May 2022 08:44:56 -0400

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Best Buy Co. posted first-quarter results that showed shoppers pulled back on their spending and higher costs ate into profits

Read more: Best Buy's Q1 results show inflation's bite


Davos updates | Kerry says war shouldn't deter climate goals


Created: Tue, 24 May 2022 08:37:42 -0400

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U.S. climate envoy John Kerry says at the World Economic Forum’s annual gathering in Davos that Russia’s war in Ukraine shouldn’t deter climate goals

Read more: Davos updates | Kerry says war shouldn't deter climate goals


Wall Street points lower, dragged down by tech, social media


Created: Tue, 24 May 2022 08:34:01 -0400

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U.S. markets were poised to open in negative territory Tuesday as worries over persistent inflation outweighed optimism brought by President Joe Biden’s remark that he was considering reducing U.S. tariffs on Chinese imports

Read more: Wall Street points lower, dragged down by tech, social media


Live updates | Russian officials: War goals to be achieved


Created: Tue, 24 May 2022 08:33:12 -0400

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Two top Russian security officials have vowed that Russia will achieve all the goals set for the “military operation” in Ukraine

Read more: Live updates | Russian officials: War goals to be achieved


Stock market slump unsettling Americans eying retirement


Created: Tue, 24 May 2022 08:31:11 -0400

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Americans on the cusp of retiring are facing a tough choice as they watch their nest eggs shrink: Stay the course or keep working

Read more: Stock market slump unsettling Americans eying retirement


At Davos, climate debate over role of oil in 'going green'


Created: Tue, 24 May 2022 08:15:57 -0400

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Government and corporate leaders at the World Economic Forum are debating whether oil and gas companies can or should be part of the future transition to renewable energies such as wind and solar

Read more: At Davos, climate debate over role of oil in 'going green'


Airbnb ends rentals in China to focus on outbound tourists


Created: Tue, 24 May 2022 07:32:45 -0400

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Airbnb Inc. says it will stop representing short-term rental properties in China and focus its business in the country on serving Chinese tourists looking for lodgings abroad

Read more: Airbnb ends rentals in China to focus on outbound tourists


Official: Nine Lebanese banks to withdraw from Cyprus


Created: Tue, 24 May 2022 07:23:26 -0400

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A representative of the Cyprus Central Bank says nine Lebanese banks are shutting down their operations on the island

Read more: Official: Nine Lebanese banks to withdraw from Cyprus


Biden: Leaders navigating 'dark hour' after Ukraine invasion


Created: Tue, 24 May 2022 06:15:12 -0400

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President Joe Biden has warned fellow leaders of the informal Indo-Pacific security coalition known as the Quad that they are “navigating through a dark hour in our shared history.”

Read more: Biden: Leaders navigating 'dark hour' after Ukraine invasion


More turn to UK food banks as food and fuel bills soar


Created: Tue, 24 May 2022 05:50:12 -0400

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Across Britain, food banks and community food hubs that helped struggling families, older people and the homeless during the pandemic are now seeing soaring demand

Read more: More turn to UK food banks as food and fuel bills soar


AP-NORC poll: Economy grows as priority on Russia response


Created: Tue, 24 May 2022 00:35:22 -0400

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Americans are becoming less supportive of punishing Russia for launching its invasion of Ukraine if it comes at the expense of the U.S. economy, a sign of rising anxiety over inflation and other challenges

Read more: AP-NORC poll: Economy grows as priority on Russia response


Asian shares mostly lower as inflation worries cloud outlook


Created: Mon, 23 May 2022 23:16:35 -0400

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Asian shares are mostly lower as worries over inflation temper optimism over President Joe Biden’s remark that he was considering reducing U.S. tariffs on Chinese imports

Read more: Asian shares mostly lower as inflation worries cloud outlook


EXPLAINER: What's the 4-nation Quad, where did it come from?


Created: Mon, 23 May 2022 23:04:57 -0400

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Leaders of the U.S., Japan, Australia and India gathered in Tokyo on Tuesday for a summit of what's known as the Quad

Read more: EXPLAINER: What's the 4-nation Quad, where did it come from?


Amazon to sublease warehouses as online shopping slows


Created: Mon, 23 May 2022 22:15:55 -0400

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Amazon is planning to sublease some of its warehouse space because the pandemic-fueled surge in online shopping has slowed

Read more: Amazon to sublease warehouses as online shopping slows


Stellantis making Indiana announcement; may be battery plant


Created: Mon, 23 May 2022 19:44:37 -0400

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Stellantis has scheduled an announcement for Tuesday in Kokomo, Indiana, for what could be the company’s second North American electric vehicle battery factory

Read more: Stellantis making Indiana announcement; may be battery plant


Global Citizen NOW summit seeks solutions for global issues


Created: Mon, 23 May 2022 18:35:49 -0400

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The statistics discussed at the inaugural Global Citizen NOW conference were bleak

Read more: Global Citizen NOW summit seeks solutions for global issues


DC sues Zuckerberg over Cambridge Analytica privacy breach


Created: Mon, 23 May 2022 18:21:09 -0400

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The District of Columbia has sued Meta chief Mark Zuckerberg

Read more: DC sues Zuckerberg over Cambridge Analytica privacy breach


Facebook, Instagram to reveal more on how ads target users


Created: Mon, 23 May 2022 22:16:50 -0400

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Meta, the parent company of Facebook and Instagram, said it will start publicly providing more details about how advertisers target people with political ads

Read more: Facebook, Instagram to reveal more on how ads target users


Starbucks leaving Russian market


Created: Mon, 23 May 2022 17:00:56 -0400

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Starbucks is pulling out of the Russian market

Read more: Starbucks leaving Russian market


World Food Program chief presses billionaires 'to step up'


Created: Mon, 23 May 2022 16:34:35 -0400

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The head of the U.N.’s World Food Program is telling billionaires it’s “time to step up” as the global threat of food insecurity rises because of Russia’s war in Ukraine

Read more: World Food Program chief presses billionaires 'to step up'


How major US stock indexes fared Monday


Created: Mon, 23 May 2022 16:30:12 -0400

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Stocks closed higher on Wall Street Monday following seven weeks of declines that nearly ended the bull market that began in March 2020

Read more: How major US stock indexes fared Monday


Brazil president announces carbon market, thin on details


Created: Mon, 23 May 2022 16:23:11 -0400

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Brazil’s far-right President Jair Bolsonaro has announced the creation of a carbon market in Brazil but it is voluntary and the announcement is thin on the kind of details that make for a robust trading forum

Read more: Brazil president announces carbon market, thin on details


JPMorgan Chase, Electronic Arts rise; Broadcom, Amazon fall


Created: Mon, 23 May 2022 16:20:41 -0400

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Stocks that traded heavily or had substantial price changes Monday: JPMorgan Chase, Electronic Arts rise; Broadcom, Amazon fall

Read more: JPMorgan Chase, Electronic Arts rise; Broadcom, Amazon fall


Video game workers create first union at big U.S. game maker


Created: Mon, 23 May 2022 16:13:43 -0400

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Video game workers at a division of game publisher Activision Blizzard have voted to unionize, creating the first labor union at a large U.S. video game company

Read more: Video game workers create first union at big U.S. game maker


Appeals court: Florida law on social media unconstitutional


Created: Mon, 23 May 2022 15:54:08 -0400

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A Florida law intended to punish social media platforms like Facebook and Twitter for allegedly discriminating against conservative thought is an unconstitutional violation of the First Amendment

Read more: Appeals court: Florida law on social media unconstitutional

 
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