October existing home sales hit fastest pace since January
Sales of previously occupied U.S. homes ticked higher in October, marking their strongest pace since January even as competition for relatively few properties on the…
AP Wire
Biden to keep Powell as Fed chair, Brainard gets vice chair
WASHINGTON — President Joe Biden announced today that he’s nominating Jerome Powell for a second four-year term as Federal Reserve chair, endorsing Powell’s stewardship of…
Insider Q&A: Brian Doubles, CEO of Synchrony Financial
NEW YORK — Synchrony might not be a household name, but it’s the largest issuer of retail-branded store credit cards in the country. Retailers from…
Target will keep stores closed on Thanksgiving for good
NEW YORK — Target will no longer open its stores on Thanksgiving Day, making permanent a shift to the unofficial start of the holiday season…
Ericsson to buy cloud service company Vonage in $6.2 billion deal
LONDON — Swedish telecom equipment maker Ericsson is buying U.S. cloud communications company Vonage in a $6.2 billion deal that will help it expand wireless…
Tech Q&A: Turn off the more complex encryption in Windows 11 Pro
Several readers responded to last week’s column about how Windows 11 automatically encrypts PC data without telling consumers (see tinyurl.com/yv2w9fy4). Those who responded agreed with…
DoorDash’s technological know-how offers help to food banks
Susan Goodell needed help. In the early days of the COVID-19 pandemic, Goodell, CEO of the El Pasoans Fighting Hunger Food Bank, would look out…
Ethiopia’s economy hit as major clothing maker closes shop
NAIROBI, Kenya — Ethiopia’s once rapidly growing economy is taking another hit tied to its yearlong war, with global clothing manufacturer PVH Corp. saying it…
Google reaches content deals with German publishers
BERLIN — Google said today it has signed agreements with several large German publishers to avoid copyright disputes over the use of their material. The…
Europe’s central banker: Not adding to pinch with rate hike
FRANKFURT, Germany — The head of the European Central Bank warned that high oil and gas prices are hitting consumers in the 19 countries that…