By Paul R. La Monica, CNN Business Wall Street is getting nervous about what will happen to the economy next year. The big concern is whether inflation will run too hot, forcing the Federal Reserve to step in with more rate hikes to stop rising prices in their tracks. The Dow fell more than 530
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By DENISE LAVOIE Associated Press RICHMOND, Va. (AP) — Crews working to remove the pedestal where a statue of Confederate Gen. Robert E. Lee had stood believe they’ve found a time capsule buried there in 1887. The massive equestrian statue was taken down in September. At the time, work crews were unable to locate the
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Melissa Velásquez Loaiza (CNN) — Se acerca el invierno y con él una batalla contra la variante ómicron. La variante vorazmente infecciosa que se espera se convierta en la cepa dominante de coronavirus en Estados Unidos en unas semanas, amenaza con asestar otro golpe a la moral y la determinación de un país que ya
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By Anneken Tappe, CNN Business Volatility is back on Wall Street: Stocks fell as central banks around the world turn more hawkish and worries about the omicron variant increase ahead of the holidays. US stocks mostly added onto their losses from the prior session, with the Dow falling as much as more than 600 points
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By Lisa Respers France, CNN Peloton has pulled an ad featuring Chris Noth in the wake of sexual assault allegations against him. “Every single sexual assault accusation must be taken seriously,” a spokesperson for the company said in a statement provided to CNN. “We were unaware of these allegations when we featured Chris Noth in
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By PAUL WISEMAN and DEE-ANN DURBIN AP Business Writers The global economy hadn’t experienced anything like this for decades. Maybe ever. After years in which ultra-low inflation became a fixture of economies across the world, prices rocketed skyward in 2021 — at the grocery store, the gasoline pump, the used-car lot, the furniture store. Chalk
Continue Reading By The Associated Press This week’s new entertainment releases include fresh music from U2 as part of the soundtrack for the animated “Sing 2,” a marathon of holiday films on TCM and the end-of-the-world comedy “Don’t Look Up.” There also Nicole Kidman and Javier Bardem star as Lucille Ball and Desi Arnaz in Aaron Sorkin’s
Continue Reading GENEVA (AP) — The World Health Organization has given emergency approval to a coronavirus vaccine made by U.S.-based Novavax, paving the way for its inclusion into the U.N.-backed program to get such vaccines to poorer countries around the world. The vaccine, known as CovavaxTM, becomes the ninth vaccine to be granted an emergency use authorization
Continue Reading TRAVERSE CITY, Mich. (AP) — In a story published Dec. 15, 2021, about a lawsuit over a Michigan oil pipeline, The Associated Press erroneously reported that U.S. District Judge Janet Neff last month retained jurisdiction over a separate Line 5 case initiated by Enbridge Energy. Neff’s ruling involved a case initiated by the state of
Continue Reading TRAVERSE CITY, Mich. (AP) — In a story published Dec. 15, 2021, about a lawsuit over a Michigan oil pipeline, The Associated Press erroneously reported that U.S. District Judge Janet Neff last month retained jurisdiction over a separate Line 5 case initiated by Enbridge Energy. Neff’s ruling involved a case initiated by the state of
Continue Reading By JAN M. OLSEN Associated Press COPENHAGEN, Denmark (AP) — Denmark’s prime minister says theaters, cinemas, concert halls, amusement parks, museums and art galleries across the country must close under new restrictions to contain a faster than expected resurgence of the coronavirus. Prime Minister Mette Frederiksen says the measures also will require smaller stores and
Continue Reading macamilarincon (CNN) –– Una tendencia vaga y viral de TikTok que advierte sobre violencia escolar en todo Estados Unidos este viernes ––que las autoridades han desestimado como no creíble–– causa cierres generalizados de escuelas. También ha acaparado los recursos de las fuerzas de seguridad y ha generado preocupación entre las familias antes de una temporada
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By Walé Azeez, CNN Business A billionaire British aristocrat is taking the publisher of the Daily Mail and Mail Online private after agreeing to buy out minority shareholders in a deal valuing the company at £885 million ($1.2 billion). Lord Rothermere, whose great grandfather founded the newspaper empire in 1896, announced the buyout bid for
Continue Reading By FAY ABUELGASIM Associated Press BEIRUT (AP) — The U.N. children’s agency says the number of cases of child abuse and exploitation it has handled in Lebanon has nearly doubled in the past year amid the Mideast country’s economic meltdown. Lebanon in struggling with the worst economic crisis in its history, with inflation and unemployment
Continue Reading HOFFMAN ESTATES, Ill. (AP) — Sears plans to sell the sprawling suburban Chicago corporate headquarters that has been the struggling retailer’s home for three decades. Sears’ parent company, Transformco, confirmed this week that in early 2022 it plans to market the 273-acre corporate headquarters in the northwest suburb of Hoffman Estates. Transformco has been downsizing
Continue Reading HOFFMAN ESTATES, Ill. (AP) — Sears plans to sell the sprawling suburban Chicago corporate headquarters that has been the struggling retailer’s home for three decades. Sears’ parent company, Transformco, confirmed this week that in early 2022 it plans to market the 273-acre corporate headquarters in the northwest suburb of Hoffman Estates. Transformco has been downsizing
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“The team is in good spirits and proud to have been able to assist the citizens of Kentucky”, the Boone County Fire Protection District wrote in a Facebook post. The team is based at the fire district headquarters.
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By Brian Lowry, CNN For those needing additional evidence that streaming has thrown a lifeline to movies for grownups, look no further than this weekend, which brings three of them, with two hitting theaters for reasons that have more to do with award requirements than commerce. Each of those films come with the pedigree of
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By Chris Isidore, CNN Business The nation’s labor shortage just cost FedEx $470 million in its most recent quarter. But its executives believe the hiring situation is going to get better soon. Although FedEx’s revenue was up nearly $3 billion to $23.5 billion in the quarter ended November 30, its adjusted income was essentially unchanged.
Continue Reading By RAF CASERT Associated Press BRUSSELS (AP) — The European Union and the departed United Kingdom are showing that their relationship remains on the rocks even if last year’s Brexit trade deal was supposed to have ended the acrimony between them. On Friday, they postponed talks on their continued deep-seated differences into the New Year.
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