Google Alert - Business

	Business Daily update ⋅ May 10, 2022
	NEWS
	CNBC Dow loses 500 points, S&P 500 tumbles to new low for 2022 as sell-off intensifies CNBC Stocks fell sharply Monday, pushing the S&P 500 to a fresh 52-week low, as the market sell-off continued and traders struggled to find their footing from last week's big market swings. The Dow Jones Industrial Average dropped 560 points, or 1.7%. Flag as irrelevant
	The Washington Post Wall Street, dragged down by tech stocks, racks up more heavy losses The Washington Post The Nasdaq continued to lead the losses as investors moved away from high-flying tech stocks, shedding 3.3 percent in morning trading. April was the worst month for the index since 2008 as jitters sent investors running for cover. The trend carried over ... Flag as irrelevant
	CNBC Oil tumbles on global economic worries, strong dollar CNBC Oil prices tumbled more than 1% on Tuesday, extending the previous day's steep declines as coronavirus lockdowns in top oil importer China, a strong dollar and growing recession risks fed worries about the outlook for global demand. Flag as irrelevant
	BBC News Morrisons rescues McColl's taking on all 16000 staff BBC News Supermarket group Morrisons has won a battle to rescue McColl's, the convenience store and newsagent chain, and taken on all 16,000 staff members. Morrisons beat a rival offer from EG Group, the petrol station empire, owned by the billionaire Issa ... Flag as irrelevant
	CNN Clearview AI agrees to restrict US sales of facial recognition mostly to law enforcement CNN Clearview AI, a controversial facial-recognition software company, agreed on Monday that it will not sell its software to most companies in the United States — a decision that will largely restrict its use to law-enforcement agencies in the country. Flag as irrelevant
	CNN FDA is 'working around the clock' to address baby formula shortage, Psaki says CNN "The FDA issued a recall to make sure that they're meeting their obligation to protect the health of Americans – including babies who, of course, were receiving or taking this formula – and ensure safe products are available. That's their job," Psaki said. Flag as irrelevant
	CNBC Bitcoin dips below $32000, days after topping $40000, as crypto is hit alongside Nasdaq stocks CNBC Bitcoin extended sharp losses Monday, falling below $32,000 after touching a recent high of $40,000 last week. The price of bitcoin was last down 10.3% at $31,016.92, according to Coin Metrics. Earlier in the day, it fell as low as $31,003.22, ... Flag as irrelevant
	CNN The baby formula supply problem is getting worse CNN New York (CNNBusiness) For months stores nationwide have been struggling to stock enough baby formula. Manufacturers say they're producing at full capacity and making as much formula as they can, but it's still not enough to meet current demand. Flag as irrelevant
	CNN Dow tumbles again as tech wreck continues CNN New York (CNN Business) US stocks fell sharply Monday morning, extending last week's losses, as traders' anticipated a new load of bad news on inflation and earnings. The Dow (INDU) opened down about 400 points, or 1.4%. S&P 500 (SPX) futures fell by ... Flag as irrelevant
	NPR The Biden administration is capping the cost of internet for low-income Americans NPR The Affordable Connectivity Program will provide plans of at least 100 Megabits per second of speed for no more than $30. An estimated 48 million Americans will qualify. "High-speed internet service is no longer ... Flag as irrelevant
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