By Amanda Musa and Jennifer Henderson, CNN The Miss Universe Organization has suspended Miss USA President Crystle Stewart and her company, Miss Brand Corporation, pending an independent investigation into allegations that the 2022 Miss USA pageant was rigged. “After thorough deliberation, Miss Universe Organization has decided to suspend Miss Brand immediately,” the Miss Universe Organization
Continue ReadingCNN By Kyung Lah and Kate Sullivan, CNN The Phoenix Police Department has arrested a 36-year-old man in connection with a break-in at Democratic Arizona gubernatorial candidate Katie Hobbs’ campaign headquarters earlier this week. Daniel Mota Dos Reis was booked on one count of third-degree burglary, according to the department. On Wednesday night, a patrol
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By JOE McDONALD and MATT OTT AP Business Writers U.S. futures are mixed Thursday ahead of an update on the U.S. economy and another hefty slate of corporate earnings. Futures for the Dow Jones industrials rose 0.7%, while the S&P 500 ticked 0.1% higher. The tech-heavy Nasdaq dipped 0.5% in premarket, dragged down by Facebook
Continue Reading By DAMIAN J. TROISE AP Business Writer NEW YORK (AP) — Surging oil prices charged energy stocks through 2022 and could keep supporting the sector despite a looming recession and stubbornly hot inflation squeezing consumers. The sector’s 50% gain is a standout in the S&P 500 so far this year while every other sector has
Continue ReadingBy Jordan Valinsky, CNN Business Peloton has “indefinitely paused” playing Kanye West’s music from its streaming workout classes. Pelo Buddy, a fan website that doesn’t have official ties with Peloton, reports that company is telling concerned members saying that its instructors are no longer using West’s music in “newly produced classes” and it’s not recommending
Continue ReadingBy Eliza Mackintosh, CNN An opposition leader in exile from Belarus has demanded that President Alexsandr Lukashenko be held to account for his regime’s complicity in the Ukraine war and for Russian soldiers to withdraw from Belarusian soil, after a CNN investigation revealed new evidence that the country provided medical assistance to injured Russian troops.
Continue ReadingBy Clare Duffy, CNN Business Apple is about to offer its first hints about iPhone 14 sales after weeks of rumors that demand for its latest smartphone lineup could be weaker than initially expected. On Thursday afternoon, Apple will report earnings results for the September quarter, a period that includes about two weeks’ worth of
Continue ReadingBy Matt Egan, CNN Business Colorado Sen. John Hickenlooper is pleading with the Federal Reserve to pause its relentless attack on crushing inflation before it does more harm than good. “High inflation necessitates a response. But the concern is the Fed is doing too much too soon,” Hickenlooper wrote in a letter on Thursday to
Continue ReadingBy Rob Picheta, Lauren Said-Moorhouse, Max Foster and Lauren Kent, CNN Prince Harry’s highly anticipated memoir will be entitled “Spare” and is set for a January 10 release, its publisher revealed on Thursday. The 416-page book will include Harry’s recollection of Princess Diana’s funeral in 1997, when the 12-year-old prince walked behind his mother’s coffin,
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By RODNEY MUHUMUZA and HAJARAH NALWADDA Associated Press KAMPALA, Uganda (AP) — Uganda’s Ebola outbreak is under control, a top public health official in Africa said Thursday, noting that local health authorities are doing well in tracing most contacts. “The situation is not getting out of control,” said Dr. Ahmed Ogwell, acting director of the
Continue ReadingBy Ben Church, CNN Dmitry Tursunov says he decided to stop coaching Emma Raducanu at the end of his trial period with the tennis star because of “red flags” that he could not ignore. The Russian had been working with the 19-year-old after she split with full-time coach Torben Beltz in April but has since
Continue Reading By BARBARA SURK and OLEG CETINIC Associated Press PARIS (AP) — France’s TotalEnergies has reported third-quarter net income of $6.6 billion despite losses from pulling out of a venture in Russia. The company on Thursday posted adjusted net earnings of $9.9 billion but notably took a charge of $3.1 billion after it sold a 49%
Continue Reading PARIS (AP) — France’s TotalEnergies has reported third-quarter net income of $6.6 billion despite losses from pulling out of a venture in Russia. The company on Thursday posted adjusted net earnings of $9.9 billion but notably took a charge of $3.1 billion after it sold a 49% interest in a Siberian natural gas field to
Continue Reading By ELENA BECATOROS Associated Press ATHENS, Greece (AP) — Greece’s prime minister says he is ready to “extend a hand of friendship” to neighbor and regional rival Turkey but also accused Turkey’s president of whipping up anti-Greek sentiment at home. The prime minister made the comments after meeting with the German chancellor in Athens on
Continue ReadingBy Anna Cooban, CNN Business Global fossil fuel emissions are expected to peak in 2025 as countries commit huge sums of money toward low-carbon fuels, according to the International Energy Agency (IEA). In its annual World Energy Outlook report, published Thursday, the agency said that Russia’s assault on Ukraine had the potential to “hasten” the
Continue Reading By The Associated Press DUBAI, United Arab Emirates (AP) — Iran’s supreme leader and its president have tried to link the nationwide protests roiling the country to an Islamic State-claimed gun attack on a famous mosque that killed 15 people. The comments Thursday by Supreme Leader Ayatollah Ali Khamenei and President Ebrahim Raisi come as
Continue Reading By DEE-ANN DURBIN AP Business Writer McDonald’s reported better-than-expected sales in the third quarter as it charged higher prices and drew in customers with its Camp McDonald’s promotion. The Chicago-based burger giant said its global same-store sales rose 9.5% in the July-September period. That was well ahead of the 5.8% increase Wall Street was expecting,
Continue Reading CAIRO (AP) — The International Monetary Fund has reached a deal with the Egyptian government that paves the way for the country to access a $3 billion loan. IMF officials on Thursday announced a staff agreement between the Egyptian government and IMF leaders. The 46-month deal includes a series of agreed-upon economic policies that Egypt
Continue Reading By MIKE CORDER Associated Press THE HAGUE, Netherlands (AP) — China has reportedly established dozens of “overseas police stations” in nations around the world that activists fear could be used to track and harass dissidents as part of Beijing’s crackdown on corruption. Information about the outposts underscored concerns about the ruling Chinese Communist Party’s influence
Continue Reading By MICHELLE CHAPMAN and DAVID KOENIG Southwest saw record operating revenue in its third quarter, bolstered by strong summer travel demand prompted by consumers eager to get away following an easing of covid-related restrictions. The airline’s operating revenue totaled $6.22 billion, up 10% from the prior year’s $5.64 billion. However, this was shy of the
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