Warren Buffett’s Berkshire Hathaway sells entire stake in TSMC
By Michelle Toh, CNN Hong Kong (CNN) — Warren Buffett’s conglomerate has sold its remaining shares in the world’s largest chipmaker, TSMC,…
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US Virgin Islands subpoenas Elon Musk as part of lawsuit into Jeffrey Epstein sex trafficking ring
By Ramishah Maruf, CNN The US Virgin Islands has subpoenaed Elon Musk, requesting documents from the billionaire for the government’s lawsuit…
Continue ReadingEgg prices are crashing. Here’s why
By Danielle Wiener-Bronner, CNN For months and months, the price of eggs was soaring. Now, they’re going splat. As of last week, Midwest large…
Continue ReadingArgentina raises interest rate to 97% as it struggles to tackle inflation
By Stefano Pozzebon The Central Bank of Argentina raised its key interest rate Monday by six percentage points to 97% in an effort to tackle soaring…
Continue ReadingBiden administration to buy 3 million barrels of oil to begin replenishing emergency oil stockpile
By Matt Egan, CNN The Biden administration announced plans on Monday to buy 3 million barrels of crude oil, marking the start of a years-long process…
Continue Reading3M chief business officer fired for inappropriate conduct
By Samantha Delouya, CNN Manufacturer 3M fired longtime executive Michael Vale on Friday, citing “inappropriate conduct and violation of…
Continue ReadingAmazon is changing its deliveries behind the scenes to cut shipping times
By Nathaniel Meyersohn, CNN Amazon is revamping its delivery operations in an effort to cut costs while speeding up shipping times to the next day or…
Continue ReadingGas is almost $1 cheaper than a year ago
By Matt Egan, CNN Filling up at the pump might not be cheap. But gas prices are miles away from last summer’s nightmare. At this point last…
Continue ReadingFormer Silicon Valley Bank CEO: ‘I am truly sorry’
By Allison Morrow, CNN The former chief executive of Silicon Valley Bank plans to apologize before a Senate committee Tuesday, writing in prepared…
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Colorado Springs’ stormwater infrastructure holds up well in recent storms but improvements still needed
COLORADO SPRINGS, Colo. (KRDO) — Managers of the city’s stormwater system that conveys run-off after rainy and snowy weather, said that the drainage…
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Colorado Springs Utilities updates sustainable energy plan to include clean heat incentives
COLORADO SPRINGS, Colo. (KRDO) — Colorado Springs Utilities updated its sustainable energy plan to include new incentives for customers to invest in…
Continue ReadingAmericans are setting vacation records and splurging at bars, restaurants and hotels
By Bryan Mena, CNN Many economists are predicting a recession later in the year, but one of the industries hurt most in the pandemic is bouncing back…
Continue ReadingAmericans’ debt surpasses $17 trillion for the first time
By Alicia Wallace, CNN Americans’ debt levels continue to climb to new heights at a time when economic conditions are becoming increasingly…
Continue ReadingApparent cyberattack forces Philadelphia Inquirer office to close ahead of mayoral primary
By Sean Lyngaas An apparent cyberattack forced the Philadelphia Inquirer to close its office through Tuesday, the newspaper’s spokesperson Evan…
Continue ReadingTurkish lira sinks to new record low on prospect of Erdogan re-election
By Anna Cooban, CNN Investors are nervously awaiting the outcome of Turkey’s presidential race in a runoff vote on May 28. They sent stocks…
Continue ReadingEuropean Union upgrades outlook for economy as energy prices retreat
By Julia Horowitz, CNN Questions swirl about the strength of China’s recovery from Covid lockdowns, and there’s talk of recession in the…
Continue ReadingVice Media files for Chapter 11 bankruptcy ahead of planned sale
By Hanna Ziady, CNN Vice Media filed for Chapter 11 bankruptcy protection Monday to facilitate a sale of the company and safeguard its future,…
Continue ReadingSexual harassment debate breathes new life into China’s #MeToo movement
By Nectar Gan, CNN A heated online debate on the definition of sexual harassment has broken out in China in the wake of a series of allegations made…
Continue ReadingLawsuit alleges that social media companies promoted White supremacist propaganda that led to radicalization of Buffalo mass shooter
By Zenebou Sylla and Artemis Moshtaghian, CNN A wrongful death lawsuit filed against several social media companies Friday alleges that social media…
Continue ReadingThe Fed probably won’t cut rates anytime soon. Why that’s good news for markets
By Krystal Hur, CNN Wall Street is eager to see the Federal Reserve wind down its aggressive rate-hiking cycle that’s battered markets and…
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