UPDATED, May 11, 2022: Ex-Fox News host Ed Henry’s defamation lawsuit against NPR and CNN has been voluntarily dismissed. A federal judge granted dismissal of the lawsuit with prejudice last week, according to a document filed in U.S. District in New York. Under the terms, the parties will bear their own costs, expenses and attorneys’ fees. Court records show that […]

New York (CNN Business)Prices are surging, and Best Buy has a plan to draw in shoppers hunting for deals on TVs and laptops: more outlet stores. Over the next year, Best Buy (BBY) will double the number of outlet stores it has to 32 — starting with new outlets in Chicago, Houston, Phoenix and Manassas, Virginia — and add an […]

SEATTLE (Reuters) – Boeing Co said on Wednesday it would study an equity raise after unlocking deliveries of its 787 and returning its cash-cow 737 MAX to service in China, but flagged supply chain risks amid broader certification and industrial problems.FILE PHOTO: Grounded Boeing 737 MAX aircraft are seen parked in an aerial photo at Boeing Field in Seattle, Washington, […]

LONDON (Reuters) -Euro zone government bond yields rose on Wednesday after data showing a bigger-than-expected rise in inflation last month in the United States.One Euro coins are seen in this illustration taken, November 9, 2021. REUTERS/Dado Ruvic/IllustrationData showing U.S. annual inflation rose 8.3% in April, down from 8.5% a month earlier, but above analyst expectations for an 8.1% rise, triggered […]

CNN will debut Watergate: Blueprint for a Scandal, with John Dean offering his first-hand account of the break in that brought down Richard Nixon’s presidency, on June 5. Dean, former White House counsel for Nixon, serves as an executive producer on the project, with the debut tied to the 50th anniversary of the break in. In a statement, Dean said, […]

The American consumer runs on gasoline, at least to the extent that millions of them drive every day. In many cases, commuters drive dozens of miles per day. Millions more take children to school and run errands. This does not include the larger number of miles people will drive in a short time for vacation over the summer. But elevated […]

A report released by payroll processor ADP on Wednesday showed U.S. private sector job growth slowed by more than expected in the month of April. ADP said private sector employment increased by 247,000 jobs in April after jumping by an upwardly revised 479,000 jobs in March. Economists had expected private sector employment to surge by 395,000 jobs compared to the […]

After moving higher in volatile trading over the two previous sessions, stocks may see further upside in early trading on Wednesday. The major index futures are currently pointing to a higher open for the markets, with the S&P 500 futures up by 0.3 percent. Traders may continue to pick up stocks at relatively reduced levels following the considerable weakness seen […]