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Sale revives floating offshore wind power in US waters

Sale revives floating offshore wind power in US waters

PORTLAND, Ore. (AP) — Tuesday marks the first-ever U.S. auction of leases to develop commercial-scale, floating wind farms in deep waters off the West Coast. The live online auction for the five leases – three off California’s central coast and two off its northern coast – has generated strong interest, and 43 companies from around …

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US Could See Debt Ceiling Battle Shake Markets, Goldman Sachs Warns |  CNN Business

US Could See Debt Ceiling Battle Shake Markets, Goldman Sachs Warns | CNN Business

New York CNN Business — Republicans and Democrats are likely to face off next year over the debt ceiling, a fight that could rattle financial markets, unnerve consumers and threaten the economy with the specter of a calamitous default. The looming debt limit battle in Washington could spark the most uncertainty since the 2011 tightrope …

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Salesforce executive departures help push stock to lowest point since March 2020

Salesforce executive departures help push stock to lowest point since March 2020

Marc Benioff, co-founder and CEO of Salesforce.com Inc., speaks at the WSJDLive Global Technology Conference in Laguna Beach, California, U.S. on Wednesday, October 26, 2016. The conference brings together an unparalleled group of top CEOs, founders, trailblazers, investors and luminaries to explore emerging technology opportunities around the world. Patrick T. Fallon | Bloomberg | Getty …

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This AI chatbot is dominating social media with its frighteningly good essays |  CNN Business

This AI chatbot is dominating social media with its frighteningly good essays | CNN Business

CNN — Imagine if Siri could write you a college essay, or if Alexa could spit out a Shakespeare-style movie review. Last week, OpenAI opened up access to ChatGPT, an AI-powered chatbot that interacts with users in a strangely compelling and conversational way. His ability to providing long, thoughtful, and thorough answers to questions and …

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Self-checkouts annoy some customers and help shoplifters.  Stores add it anyway |  CNN Business

Self-checkouts annoy some customers and help shoplifters. Stores add it anyway | CNN Business

New York CNN Business — Self-service payment arrived in the late 1980s in supermarkets. A decade later, it began to spread to large chains and pharmacies. Today, self-checkouts, loved by some and hated by others, have made their way into discount clothing stores and department stores. Kohl’s (KSS) is testing self-service payment terminals in a …

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This long-time bear warns of a “trap door” situation looming for the stock market.

This long-time bear warns of a “trap door” situation looming for the stock market.

Uncertainty continues for investors following a recent mixed batch of data – weaker than expected inflation, stronger than expected jobs and wages – as we enter the third week before Christmas. And we’re ending a year that just hasn’t been great for most investors. Feels a bit of your pain, Hussman Investment Trust chairman and …

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Is the worst over for bitcoin and the rest of crypto?  |  CNN Business

Is the worst over for bitcoin and the rest of crypto? | CNN Business

A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber ? You can register here. New York CNN Business — The collapse of FTX has sent the price of bitcoin and other cryptocurrencies plummeting by more than 60% this year…and the carnage has spread to publicly traded companies …

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Who are the avid beaver party buyers without being bothered by inflation?  Generation Z |  CNN Business

Who are the avid beaver party buyers without being bothered by inflation? Generation Z | CNN Business

New York CNN Business — There’s at least one group of shoppers who are enthusiastically hitting the malls this holiday season — and they don’t seem too bothered by the pesky inflation eating away at their discretionary dollars. They’re Gen Z. And how they buy matters. This cohort of consumers born between 1997 and 2012 …

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FDA change ushers in cheaper, easier-to-get hearing aids

FDA change ushers in cheaper, easier-to-get hearing aids

It’s now much easier — and cheaper — for many hearing-impaired Americans to get help. Hearing aids can now be sold without a prescription from a specialist. Over-the-counter, or OTC, hearing aids began hitting the market in October at prices that can be thousands of dollars lower than prescription hearing aids. About 30 million people …

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