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Month: April 2022

After Build Back Better’s collapse, Democrats still struggling with how to message the midterms

By Lauren Fox, CNN In the four months since West Virginia Democratic Sen. Joe Manchin torpedoed the President’s signature Build Back Better plan, Democrats have struggled to rally around a cohesive midterm message. Many members facing tough reelections have sought to forge their own paths, run against Washington and at times even distance themselves from

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La economía de Estados Unidos se contrajo. No hay por qué entrar en pánico

Alexandra Ferguson Nueva York (CNN) —  La recuperación económica de covid-19 tropezó en el primer trimestre, pero eso no significa que sea inminente una recesión. El producto interno bruto (PIB) se redujo inesperadamente a una tasa anual del 1,4% durante los tres primeros meses del año, el peor trimestre para la economía de Estados Unidos

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Amazon stock plunges as growth slows

By Rishi Iyengar, CNN Business Amazon’s stock plummeted after the company reported on Thursday slowing growth and higher costs in its latest quarter and offered a disappointing revenue outlook. The tech giant said revenue grew 7% from the same period last year to $116.4 billion, slightly beating analyst forecasts but slower than the 9% growth

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‘They never expected Mariupol to resist.’ Locals horrified by Russia’s relentless attack on the vast steel plant shielding Ukrainians

By Lauren Said-Moorhouse, Isa Soares, Madalena Araujo and Oleksandra Ochman, CNN Lviv, Ukraine — Few beyond the metals industry had heard of Mariupol’s Azovstal Steel and Iron Works before it became the scene of a desperate last stand against Russia’s invading forces. Until recently Azovstal was a major player on the global stage, producing 4

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Amazon reports rare quarterly loss as online shopping slows

By HALELUYA HADERO AP Business Writer NEW YORK (AP) — Amazon reported its first quarterly loss since 2015 on Thursday, its money-making juggernaut stalled by a slowdown in pandemic-induced online shopping and a huge write-down of its investment in an electric-vehicle startup. The Seattle-based e-commerce giant’s stock fell 9% in after-hours trading. Amazon reported a

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