Ex-FTX CEO says he didn’t ‘knowingly’ misuse clients’ funds
NEW YORK — The former CEO of the failed cryptocurrency exchange FTX said Wednesday that he did not “knowingly” misuse customers’ funds, and said he…
AP Wire
US job openings fell in October to still-high level
WASHINGTON — U.S. job openings dropped in October but remained high, a sign that businesses became slightly less needy for workers as the Federal Reserve…
DoorDash cuts 1,250 jobs as deliveries ebb after pandemic
DoorDash is eliminating more than 1,200 corporate jobs, saying it hired too many people when delivery demand surged during the COVID-19 pandemic. CEO Tony Xu…
EU Commission proposes blocking billions in funds to Hungary
BRUSSELS — The European Union’s executive branch recommended today that billions of euros of EU funds allocated to Hungary remain frozen over its failure to…
Inflation in Europe eases but still in painful double digits
FRANKFURT, Germany — Inflation in Europe has eased for the first time in more than a year as energy prices drifted down from painful highs,…
Petco: Fiscal Q3 earnings snapshot
Petco Health & Wellness Co. today reported fiscal third-quarter net income of $19.9 million. On a per-share basis, the San Diego-based company said it had…
Raimondo: US isn’t seeking to sever economic ties with China
WASHINGTON — The United States isn’t seeking to sever economic ties with China — even as Washington takes steps to protect America’s technological and military…
Hormel: Fiscal Q4 earnings snapshot
Hormel Foods Corp. today reported fiscal fourth-quarter profit of $279.9 million. On a per-share basis, the Austin, Minn.-based company said it had profit of 51…
Apple Music reveals top music in 2022 and listener charts
NEW YORK — “Stay,” the smash hit by The Kid Laroi and Justin Bieber topped Apple Music’s global song chart in 2022 as the giant…
German inflation dips slightly in November to 10%
BERLIN — German inflation slipped back slightly to 10% in November, official figures showed today, but galloping prices remain a major headache for Europe’s biggest…