Russians buy last goods from H&M, IKEA as stores wind down
MOSCOW (AP) — Russians are snapping up Western fashion and furniture this week as H&M and IKEA sell off the last of their inventory in Russia,…
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Elon Musk sells $7B in Tesla shares ahead of Twitter fight
By MICHELLE CHAPMAN AP Business Writer Elon Musk has sold nearly $7 billion worth of shares in Tesla as the billionaire gets his finances in order…
Continue ReadingWhat Medicare Part A’s belly-up date means for you
KATE ASHFORD of NerdWallet At its current pace, Medicare’s Hospital Insurance trust fund will run out of money in 2028, according to the latest…
Continue ReadingEdmunds: How to mitigate or avoid dealer markups
By RONALD MONTOYA Edmunds As if buying a new car in today’s supply-constrained market wasn’t hard enough, this year, many shoppers are…
Continue ReadingHalted shipments of Russian oil resume to Slovakia
By KAREL JANICEK Associated Press PRAGUE (AP) — Slovakia’s economy minister says oil shipments from Russia through a critical pipeline to…
Continue ReadingSecurity firm finds flaws in Indian online insurance broker
By KRUTIKA PATHI, SHEIKH SAALIQ and FRANK BAJAK Associated Press NEW DELHI (AP) — A cybersecurity startup informed a major Indian online insurance…
Continue ReadingGerman FinMin pitches $10B tax cuts to ease inflation pain
BERLIN (AP) — Germany’s finance minister says the government plans to make tax cuts worth more than 10 billion euros ($10.2 billion) to benefit…
Continue ReadingInflation rises in Denmark, Norway, hitting food costs hard
COPENHAGEN, Denmark (AP) — Annual inflation in Denmark came at 8.7% last month — rising at the fastest pace since 1983 — while the figure in…
Continue ReadingJapan’s Toshiba boosts profit on devices, auto sector demand
By YURI KAGEYAMA AP Business Writer TOKYO (AP) — Toshiba has reported a 44% improvement in profit in the last quarter as the Japanese technology…
Continue ReadingJapan’s Honda sees declining profits on semiconductor crunch
By YURI KAGEYAMA AP Business Writer TOKYO (AP) — The semiconductor shortage is hitting another of the world’s automakers, despite demand for…
Continue ReadingCathay Pacific losses narrow as COVID-19 restrictions ease
HONG KONG (AP) — Hong Kong airline Cathay Pacific Airways says losses in the first half of the year narrowed as a relaxation in quarantine rules…
Continue ReadingChinese envoy tells Australia to show ‘caution’ over Taiwan
By ROD McGUIRK Associated Press CANBERRA, Australia (AP) — A Chinese envoy says Australia’s recent change of government is a chance to…
Continue ReadingAsian shares track Wall Street gains on cooling inflation
By ELAINE KURTENBACH AP Business Writer BANGKOK (AP) — Shares advanced Thursday in Asia after benchmarks closed at three-month highs on Wall Street…
Continue ReadingTrump says he took the Fifth in New York civil investigation
By MICHAEL BALSAMO, MICHAEL R. SISAK and MICHELLE L. PRICE Associated Press NEW YORK (AP) — Former President Donald Trump invoked his Fifth…
Continue ReadingSerena’s Choice: Williams’ tough call resonates with women
By JOCELYN NOVECK AP National Writer NEW YORK (AP) — Serena Williams said it plainly: It isn’t really fair. A male athlete would never have to…
Continue ReadingJapan PM purges Cabinet after support falls over church ties
By MARI YAMAGUCHI Associated Press TOKYO (AP) — Japanese Prime Minister Fumio Kishida has reshuffled his Cabinet in a bid to distance his…
Continue ReadingLawmakers in India pass energy conservation bill
By SIBI ARASU Associated Press BENGALURU, India (AP) — The Indian government took another step toward its climate goals by passing a conservation…
Continue ReadingChina’s youth face bleak job market as COVID slows economy
BEIJING (AP) — China’s 11 million university graduates are struggling in a bleak job market as repeated shutdowns under China’s “zero-COVID…
Continue ReadingFormer Twitter worker convicted of spying for Saudi Arabia
By BARBARA ORTUTAY and MATT O’BRIEN AP Technology Reporters SAN FRANCISCO (AP) — A former Twitter employee has been convicted of spying for…
Continue ReadingUSPS to request rate increase due to inflation, DeJoy says
WASHINGTON (AP) — Postmaster General Louis DeJoy says inflation is going to necessitate another rate increase in January. But he said Tuesday that…
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