Top Stories in Business

Most recent stories in Top Stories in Business

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  CNBC

  

  Stocks rise as yields decline, Dow tries to recover from worst day since March

  CNBC - Lisa Kailai Han,Hakyung Kim

  Stocks open in positive territory Wednesday All three major stock indexes opened higher on Wednesday morning. The Dow Jones Industrial Average rose 112 …

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  CNN

  

  Autoworkers union may expand its strike again

  CNN - Chris Isidore

  Detroit CNN — The United Auto Workers union is preparing to announce a possible expansion of its strike against General Motors, Stellantis and maybe Ford this Friday if there isn’t more progress in talks, a union source familiar with plans said Wednesday. UAW President Shawn Fain is set to update …

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  CBS News

  

  Kia and Hyundai recall 3.3 million cars, tell owners to park outside

  CBS News - By Khristopher J. Brooks

  Korean automakers Hyundai and Kia are recalling 3.3 million used vehicles because they can catch fire while parked or while driving due to issues …

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  Associated Press

  

  Late-night TV shows announce their return after Hollywood writers strike ends

  Associated Press - MARK KENNEDY

  NEW YORK (AP) — With the Hollywood writers strike over, actors will now get a shot at cutting their own deal with studios and streaming services. The Screen Actors Guild-American Federation of Radio and Television Artists announced Wednesday night that strike negotiations with studios would resume …

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  Bloomberg

  

  Ken Griffin’s Citadel Plans to Fight SEC Over WhatsApp Probe

  Bloomberg - By Austin Weinstein

  Citadel is preparing to push back against the Securities and Exchange Commission’s WhatsApp probe, taking a harder line than the almost two dozen …

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  Costco earnings: Wage inflation 'a continued issue' for the retailer, analyst says

  yahoo.com - Brooke DiPalma

  Costco (COST) earnings topped Wall Street's expectations, but investors remained somewhat wary of wage inflation and sales weakness. The wholesale …

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  The New York Times

  

  Lina Khan vs. Jeff Bezos: This Is Big Tech’s Real Cage Match

  The New York Times - David Streitfeld

  Jeff Bezos made his fortune with one truly big idea: What if a retailer did everything possible to make customers happy? His forcefully nurtured creation, Amazon, sold as many items as possible as cheaply as possible and delivered them as quickly as possible. The result is that $40 out of every $100 …