Moskvich: Russia needs cars, so it’s restarting this Soviet-era brand

Little is known outside the former Soviet Union and its dependent countries, Moskvich was founded around…

Powell says the Fed won’t hesitate to keep raising rates until inflation drops

US Federal Reserve Chairman Jerome Powell testifies before the House Financial Services Committee on its “Semi-Annual…

Musk Links Deal Progress To Proving Annoying Bots Sharing On Twitter

It seeks to prove that spam bots account for less than 5% of users Twitter says…

This Illinois company just sold for $3 billion, but hundreds of employees took a cut. Some will get $800,000. – Chicago Tribune

When private equity firm KKR announced Monday’s $3 billion sale of CHI Overhead Doors to steel…

Gas worth $5 may spread widely as prices reach another record high

Gas prices are now 27% higher than the day before Russia invaded Ukraine. Andy Lipow, president…

Covid lockdowns affect retail data and industrial production

The ongoing spread of Covid and the resulting stay-at-home orders – primarily in Shanghai – forced…

Amazon’s Bezos slams Biden’s supervisor, says inflation hurts the poor

Amazon founder Jeff Bezos arrives to meet British Prime Minister Boris Johnson at the British diplomatic…

Coinbase Sues Customers Who Lost ‘Countless Millions’ To Unknown Crypto Project: Report

Coinbase, the largest US cryptocurrency exchange, is said to be facing a lawsuit to provide trading…

Elon Musk says Twitter’s legal team told him he violated a non-disclosure agreement

Tesla CEO Elon Musk attends the opening ceremony of the Tesla Shanghai Gigafactory in Shanghai, China,…

Jeff Bezos asks the Council on Disinformation to verify the authenticity of Biden’s tweet

Amazon chief Jeff Bezos said the country’s newly formed disinformation board should take a look at…