Business

Purdue Pharma reached a settlement over the opioid crisis.

OxyContin maker Purdue Pharma reaches settlement over opioid crisis

Drivers across the country are feeling the sticker shock as the average price per gallon of gas soared above $4 for the first time since 2008.

Gas prices top $4 per gallon as US considers banning Russian oil imports

Meme-stock mania is making itself at home at Bed Bath & Beyond now that one of the movement's leaders took a big stake in the company.

Bed Bath & Beyond new target for meme-stock leader of GameStop fame

Rent the Runway lost two-thirds of its business when COVID-19 hit. Surviving meant changing strategy as quickly as we changed our wardrobe.

Profits still elusive for Rent the Runway, the ‘Amazon’ of rented fashion

Economists hoped the country's 40-year-high inflation rate would soon peak, but Russia's invasion of Ukraine has brought everything into question.

Inflation hits new 40-year high at 7.9%. Russia’s war could make it worse.

An unexpected army in Ukraine's fight against Russia is the country's many tech workers, battling on the front lines and with keyboards.

5 Ukraine-based tech companies in the fight against Russia

A COVID lockdown in Shenzhen, China's 'Silicon Valley', could cause knots in the supply chain for U.S. companies like Apple and fuel higher inflation.

Shenzhen, China COVID lockdown threatens Apple, supply chain, inflation

Putin has signed a law allowing airlines to claim ownership of 500 foreign-owned planes worth around $10 billion, but flying them could be unsafe.

Russia stealing $10B of foreign planes, considers seizing other Western assets

The Fed is preparing to raise the federal funds rate, the interest rate banks charge each other to borrow money that impacts consumers' interest rates.

The Fed is hiking interest rates. Here’s what that means for Americans.

Chipotle, toilet paper makers bringing ‘shrinkflation’ to shoppers

Russia claims it made $117 million in debt payments due this week. But credit rating agencies are skeptical the country can stay in good standing.

Can Russia keep paying its debts and avoid default? It’s complicated.

The China Eastern flight lost contact around 2:15 p.m. while flying around 30,000 feet. Minutes later, the Boeing plane took a deep dive before crashing.

Boeing 737 plane crashes in southern China with 132 on board

Tesla finally cut the ribbon on its Germany-based gigafactory, with Elon Musk presenting 30 customers with the first European-made Teslas.

Tesla opens new German factory as Musk teases ‘master plan’

It's been nearly a month since Russia's stock market abruptly shut down over the country's invasion of Ukraine and a massive stock sell-off.

Russia to resume stock trading after record closure over Ukraine invasion

There's a saying making the rounds these days in Russian oligarch sanction news: "Freezing is easy, seizing is hard."

From private jets to super yachts: The hunt for 5 Russian oligarch ‘toys’

In one of the biggest attacks in the cryptosphere to date, thieves stole $600 million in cryptocurrency from a blockchain bridge via Axie Infinity.

Cryptocurrency thieves nab $600 million in blockchain attack linked to Axie Infinity

A judge has approved Activision Blizzard's $18 million settlement with the U.S. Equal Employment Opportunity Commission (EEOC).

EEOC, Activision Blizzard settle $18M workplace discrimination lawsuit

From coach salaries to gambling to broadcasting rights, the money behind March Madness will surprise even the biggest ballers.

5 mind-blowing money figures behind March Madness

The March jobs report saw 441,000 jobs added.

March jobs report reveals tighter labor market, lower unemployment rate

The country is missing its pocket change, driven largely by a push for cashless transactions during the pandemic.

Spare some change? Businesses are desperate for your coins

Twitter is giving Elon Musk a board seat after the world's richest man became Twitter's largest shareholder, buying a 9.2% stake in the company.

Twitter gives Elon Musk board seat. Is an edit button next?

JetBlue is trying to break up pending nuptials between fellow low-fare airlines Frontier and Spirit, offering to buy Spirit for $3.6 billion.

JetBlue makes unsolicited proposal to buy Spirit, threatening Frontier merger

Oil executives from Shell and Chevron defended themselves from charges by lawmakers that they are gouging Americans via higher gas prices.

Lawmakers grill Shell, Chevron, big oil over high gas prices

Many are voicing concerns after Elon Musk promised to make 'significant improvements' to Twitter as a board member and majority shareholder.

Hope and fear as Elon Musk joins Twitter board

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