BEIRUT (AP) — Dozens of doctors, nurses and medical personnel have rallied outside the Central Bank in the Lebanese capital of Beirut after declaring a two-day general strike. They are protesting rapidly deteriorating economic conditions and Central Bank policies that have allowed banks to impose random capital controls and other restrictions on depositors. Lebanon’s medical
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By MARI YAMAGUCHI Associated Press TOKYO (AP) — Japan will open its borders to foreign tourists in June for the first time since imposing tight pandemic travel restrictions about two years ago, but only for package tours for now. Prime Minister Fumio Kishida says Japan will allow the entry of people on tours with fixed
Continue Reading By PAUL WISEMAN AP Economics Writer WASHINGTON (AP) — The U.S. economy shrank in the first three months of the year even though consumers and businesses kept spending at a solid pace, the government reported Thursday in a slight downgrade of its previous estimate for the January-March quarter. Last quarter’s drop in the U.S. gross
Continue ReadingBy Frank Pallotta, CNN Business “Top Gun: Maverick” hits theaters this weekend, marking the return of one of the biggest movie stars of the 1980s and 1990s. We’re not talking about Tom Cruise. Val Kilmer returns to the screen to reprise his role as Tom “Iceman” Kazansky in the long-awaited sequel to the 1986 blockbuster.
Continue ReadingBy Frank Pallotta, CNN Business Tom Cruise is one of the most popular movie stars in Hollywood history. The actor has had a 40 year career of hits including “War of the Worlds,” “A Few Good Men” and “Jerry Maguire.” This weekend he returns to his iconic role of Pete “Maverick” Mitchell in “Top Gun:
Continue ReadingBy Lisa Respers France, CNN The latest episode of “The Kardashians” includes Kim Kardashian reflecting on Kanye West’s treatment of her family. In the episode, she learns that her then estranged husband is releasing a new song and she suspects he will use it as an opportunity to take a swipe at her as the
Continue ReadingCNN, CNNBUSINESS By Anneken Tappe, CNN Business America’s economy shrank in the first quarter of the year at a slightly faster rate than initially reported, the Bureau of Economic Analysis said Thursday. US gross domestic product, the broadest measure of economic activity, decreased at an annualized rate of 1.5% between January and March, adjusted for
Continue ReadingBy Anneken Tappe, CNN Business America’s economy shrank in the first quarter of the year at a slightly faster rate than initially reported, the Bureau of Economic Analysis said Thursday. US gross domestic product, the broadest measure of economic activity, decreased at an annualized rate of 1.5% between January and March, adjusted for seasonal swings,
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Five Republican state lawmakers pushed for gas tax relief for Californians on Wednesday. This initiative was led by Assemblyman James Gallagher, and also includes Assemblymembers Kevin Kiley, Laurie Davies, Kelly Seyarto, and Steven Choi. The group called for the gas tax relief as gas prices soar in California. Right now AAA’s website shows California’s gas
Continue ReadingBy Sandra Gonzalez, CNN The jury has voted and the winner of “Survivor 42” has been selected. With seven votes, 24-year-old seminary student Maryanne Oketch was crowned the winner, beating out firefighter Mike Turner and pageant coach Romeo Escobar, who joined her in the final three. Heading into the episode, five contestants were still vying
Continue ReadingCNN, HLN By Frank Pallotta, CNN Business Jimmy Kimmel delivered yet another emotional plea to America’s lawmakers after a mass shooting in America. The ABC late night host responded to the school shooting this week at Robb Elementary School in Uvalde, Texas, with tears in his eyes. “Here we are again, on another day of
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macamilarincon (CNN Español) –– Un sismo de magnitud 7,2 sacudió el sur de Perú este jueves, cerca de la frontera con Bolivia, según reportes del Servicio Geológico de Estados Unidos (USGS, por sus siglas en inglés). El foco sÃsmico estuvo localizado a 217,8 km de profundidad y el epicentro se ubicó a 13,1 kilómetros al
Continue ReadingCNN, CNNBUSINESS By Anna Cooban and James Frater, CNN Business Europe’s united front against Moscow is being put to the test as countries struggle to agree a ban on Russian oil imports. European Union diplomats failed to reach consensus Sunday on the terms of an embargo, but held further talks Monday in preparation for a
Continue Reading Juan Pablo Elverdin (CNN) — Mientras la Corte Suprema ha estado trabajando a puerta cerrada en su primera opinión importante sobre la Segunda Enmienda en más de una década, tres tiroteos masivos han sacudido el paÃs, incluyendo la masacre de este martes de 19 escolares y dos docentes en Texas. A puerta cerrada, los jueces
Continue ReadingBy George Ramsay, CNN It may still be early days in this year’s French Open, but some of the big names in the men’s singles draw have already been locked in thrilling, five-set matches. Among them is 19-year-old Carlos Alcaraz, who saved a match point as he defeated fellow Spaniard Albert Ramos-Vinolas 6-1 6-7 5-7
Continue ReadingBy Jeanine Barone, CNN Traveling to a paradise on Earth doesn’t necessarily require a long, arduous or perilous journey. In fact, an unspoiled landscape reminiscent of a fairytale is barely five hours from Boston and about four hours from the United Kingdom. It’s a land where waterfalls cascade down iridescent green slopes; where roads are
Continue ReadingBy Anna Cooban, CNN Business The UK government is introducing a £5 billion ($6.3 billion) tax on the windfall profits of its oil and gas companies, bowing to pressure from campaigners to raise money to help millions of people struggling with the worst cost-of-living crisis in decades. Finance Minister Rishi Sunak unveiled the new 25%
Continue ReadingBy Allison Morrow, CNN Business The deepening chasm between the crypto evangelists and naysayers may never have been as stark. On Wednesday, Andreessen Horowitz, the most prominent Silicon Valley venture capital group, made a $4.5 billion bet on what it called a “golden era” for cryptocurrencies, citing “a massive wave of world-class talent” that’s entered
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By STAN CHOE AP Business Writer NEW YORK (AP) — Even when regular workers win their biggest raises in decades, they look minuscule compared with what CEOs are getting. The typical compensation package for chief executives who run S&P 500 companies soared 17.1% last year, to a median $14.5 million, according to data analyzed for
Continue Reading By STAN CHOE AP Business Writer NEW YORK (AP) — Within the eight- and even nine-figure sums trumpeted for CEOs each year, just a small portion is actual cash. Last year, only a little more than a quarter of compensation for the typical CEO came from cash salary or bonus.  Instead, most of a CEO’s
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