By Julia Horowitz, CNN Business Amazon and Facebook’s Meta are two of the market’s biggest players. Both have come under pressure during a recent sell-off in tech stocks. But this morning, the direction of these companies and their stocks couldn’t look more different. What’s happening: Facebook’s earnings report triggered a 26% collapse in its stock
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By Ashley Strickland, CNN Whether it’s wildfires that sweep across the West Coast, storms rolling in from the Pacific Ocean, or dense fog that blankets the Pacific Northwest, a new weather satellite will be able to track them all. The National Oceanic and Atmospheric Administration will launch GOES-T, the third in its series of advanced
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By JILL LAWLESS Associated Press LONDON (AP) — British Prime Minister Boris Johnson hoped to get a grip on his government after weeks of scandal. But now he is struggling to hang on after a scathing report on lockdown-breaching parties and the departure of several top aides. Five staff have left Johnson’s office, including key
Continue Reading The Associated Press NEW YORK (AP) — Wall Street was headed for a lower open Friday,  one day after a historic plunge in the stock price of Facebook’s parent company yanked other tech stocks lower on Wall Street. Futures for the S&P 500 were unchanged, while the contract for Dow Jones Industrial futures was down
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BEIJING (AP) — At least two of the women who would have been flagbearers at the opening ceremony of the Beijing Olympics were not in the parade of athletes on Friday night because of virus-related issues. U.S. bobsledder Elana Meyers Taylor had to give up her spot to speedskater Brittany Bowe, who shares the flagbearer
Continue Reading BRUSSELS (AP) — The European Union and the United States have agreed to resume trade in oysters, clams, mussels and scallops from the end of February. The deal announced Friday settles a 10-year trade dispute. Trade in live mollusks between the EU and the U.S. had stopped in 2011 due to a divide in regulatory
Continue Reading BEIJING (AP) — Days after quietly ringing in the Chinese New Year, Beijing is celebrating the Year of the Tiger on the Olympic stage. The tiger — a symbol of strength and good luck in Chinese folklore — was featured during the Winter Olympic opening ceremony. The placard bearers for all 91 countries in the
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By Jessie Yeung, CNN Along the West Coast of the United States, 1,377 miles of railroad tracks run from Seattle to Los Angeles — a route often named as one of the most beautiful train journeys in America. The route, called the Coast Starlight, takes 35 hours in total to wind through Washington state, cross
Continue Reading By JENNIFER PELTZ Associated Press NEW YORK (AP) — New York’s much-anticipated legal pot shops could be a year away from opening. But the state is making medical marijuana much more available now. As of late last month, clinicians can greenlight medicinal pot for any condition they think it would help, not just for a
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By Tami Luhby, CNN Business Lots of workers are getting raises, but for many, the pay hikes won’t buy them more at the grocery store or car dealership. In fact, wages are behind where they were when the pandemic began, if you take rising prices into account. Inflation-adjusted wages, which have been falling steadily since
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By Allison Morrow, CNN Business The Labor Department’s monthly jobs report can be hard to interpret, especially as Covid has blown up analysts’ models that measure the economy. But the January report, released Friday, is one to pay attention to. The headline result — 467,000 jobs added last month — came in far better than
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By Simone McCarthy and Rhea Mogul, CNN India on Thursday announced a diplomatic boycott of the Winter Olympics in Beijing after a commander involved in 2020 border clashes between the two countries appeared as an Olympic torchbearer in the customary torch relay leading up to the Games. The last-minute boycott, which will see India’s top
Continue Reading By SARAH DiLORENZO Associated Press BEIJING (AP) — China has launched a locked-down Winter Olympics. The country where the coronavirus outbreak emerged two years ago is projecting its might on the most global of stages even as some Western governments stage a diplomatic boycott over the way China treats millions of its own people. Chinese
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By Anna Cooban and Charles Riley, CNN Business Rotterdam is considering a request to dismantle part of a historic bridge to allow a yacht reportedly owned by Amazon founder Jeff Bezos to leave the shipyard where it is being built. The Dutch city has received a request from a local shipbuilder to remove the central
Continue Reading By Anna Cooban and Charles Riley, CNN Business Rotterdam is considering a request to dismantle part of a historic bridge to allow a yacht reportedly owned by Amazon founder Jeff Bezos to leave the shipyard where it is being built. The Dutch city has received a request from a local shipbuilder to remove the central
Continue Reading BEIJING (AP) — The parade of athletes at the opening ceremony for the Beijing Olympics has started. It’s expected to take about an hour. Representatives from 91 nations are taking part, including about 80% of the U.S. delegation of athletes. As always at an Olympics, Greece is the first nation to enter the stadium. From
Continue Reading By PAUL NEWBERRY AP Sports Writer BEIJING (AP) — Brittany Bowe is having quite an Olympics — before she even hits the ice. First, she reclaimed another speedskating race in Beijing when a third spot opened up for the Americans in the 500 meters. Bowe finished first in the that event at the U.S. trials,
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By Nadine Schmidt and Tara John, CNN Austria became the first country in Europe to introduce a national Covid-19 vaccine mandate for adults on Friday after President Alexander Van der Bellen signed it into law. Austria’s sweeping measures will see those without a vaccine certificate or an exemption potentially slapped with initial fines of 600
Continue Reading By ADAM SCHRECK Associated Press BEIJING (AP) — For all the talk of a diplomatic boycott, Chinese leader Xi Jinping has managed to attract a globe-spanning roster of presidents, royals and other dignitaries to the opening ceremony of the Winter Olympics. The fact that most of them represent countries that are unlikely to win any
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By Ben Morse, CNN The NBA revealed on Thursday a newly designed Kobe Bryant Trophy which is awarded to the Most Valuable Player (MVP) of the NBA All-Star Game. Bryant, his daughter Gianna and seven others were killed in a helicopter crash in Calabasas, California, in January 2020. The trophy was renamed in the basketball
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