BUSINESS

An Australian economist who spent almost two years imprisoned in Myanmar has received a hero’s welcome at Australia’s Parliament House.

China says leader Xi Jinping has urged negotiations on a political solution to the Ukraine conflict in talks with visiting European Council President Charles Michel in Beijing.

Shares have advanced in Asia after a rally on Wall Street spurred by the chair of the Federal Reserve's comments on easing the pace of interest rate hikes to tame inflation.

Word of anti-lockdown protests in China spread on domestic social media for a short period last weekend, thanks to a rare pause in the cat-and-mouse game that goes on between millions of Chinese internet users and the country’s gargantuan censorship machine.

Amazon CEO Andy Jassy has said the company does not have plans to stop selling the antisemitic film that gained notoriety recently after Brooklyn Nets guard Kyrie Irving tweeted out an Amazon link to it.

Some $3.1 billion was donated to charitable causes in the U.S. in the 24 hours that are called Giving Tuesday.

The former CEO of the failed cryptocurrency exchange FTX says that he did not "knowingly” misuse customers' funds.

U.S. officials approved the first pharmaceutical-grade version of the fecal transplant procedures that doctors have increasingly used to treat a potentially life-threatening intestinal infection.

A top European Union official has warned Elon Musk that Twitter needs to beef up to protect users from hate speech, misinformation and other harmful content to avoid violating new rules.

Fed Chair Jerome Powell says the Federal Reserve will push rates higher than previously expected and keep them there longer to fight a stubborn bout of inflation.

U.S. job openings dropped in October but remained high, a sign that businesses became slightly less desperate for workers as the Federal Reserve ramps up interest rates in an effort to cool the economy.

Delivery company DoorDash is eliminating more than 1,200 corporate jobs, about 6% of its total workforce, saying it hired too many people when demand for its services increased during the COVID-19 pandemic.

France has restarted a shuttered coal plant as part of emergency efforts to keep heat and electricity on this winter.

The Dallas Area Habitat for Humanity is using part of the $9 million gift it received from philanthropist MacKenzie Scott in March to provide its staff members a new employee benefit — $13,500 in the form of a forgivable loan to help with a down payment or closing costs on a home.

The U.S. economy grew at a 2.9% annual rate from July through September despite high interest rates and chronic inflation, the government said Wednesday in an upgrade from its initial estimate.

Three energy companies including U.S. Westinghouse, France’s EdF and Korea’s KHNP are vying to build the Czech Republic's newest reactor at the Dukovany nuclear power station as the country strives to become more energy independent and wean itself off fossil fuels.

A plug-in hybrid electric vehicle or PHEV is a great starting point for those looking to dip their toes into the electric vehicle waters before diving in.

Hong Kong publisher Jimmy Lai broke into the media industry about 30 years ago armed with the belief that delivering information equates with delivering freedom.

The European Union’s executive branch has recommended that billions of euros in EU funds be withheld from Hungary over its failure to implement solid rule-of-law reforms, a move highlighting lingering divergences between the European partners.

Inflation in Europe has eased for the first time in more than a year as energy prices drifted down from painful highs.

A campaign to vaccinate older Chinese has sparked hopes Beijing might roll back severe anti-virus controls that prompted angry protesters to demand President Xi Jinping resign.

Congress is moving urgently to head off the looming U.S. rail strike.

The United States isn’t seeking to sever economic ties with China — even as it takes steps to protect America’s technological and military prowess from Beijing.

The family of a man who was badly hurt when an SUV crashed into an Apple store in Massachusetts have sued the company, the driver and the property owners.

New data shows an experimental Alzheimer's drug modestly slowed the brain disease's inevitable worsening.

U.S. senators from both parties have expressed skepticism that a proposed merger between grocery giants Kroger and Albertsons will lower prices for consumers.

President Joe Biden is asking Congress to intervene to avert a potentially crippling freight rail strike before Christmas, even if it means handing a defeat to Democratic allies in the labor movement.

A lawsuit against the maker of an anti-malarial drug blamed for causing psychotic and neurological damage in U.S. servicemembers has been thrown out.

Six families are mourning loved ones who were killed in the mass shooting at a Walmart in Chesapeake, Virginia.

Postdoctoral scholars and academic researchers on Tuesday reached a tentative labor agreement with the University of California.

President Joe Biden’s call for Congress to intervene in the railroad contract dispute undercuts efforts to address workers’ quality of life concerns and unions decried the move.

Pennsylvania’s most active gas driller has pleaded no contest to criminal environmental charges in a landmark pollution case.

A program offering cash and free outdoor adventures to remote workers to move to West Virginia with the hope of offsetting population losses has welcomed 143 new residents since its launch.

Twitter is no longer enforcing its policy against misinformation about COVID-19.

A former Venezuelan treasurer and nurse to the late Venezuelan President Hugo Chavez is contesting criminal charges in the U.S. Claudia Diaz is charged with money laundering, accused of taking at least $4.2 million in bribes and gifts in exchange for green lighting lucrative currency transactions.

The Minnesota Supreme Court hears oral arguments Wednesday on an attempt by environmental groups to cancel a key permit for the long-stalled PolyMet copper-nickel mine.

New electric vehicle models from multiple automakers are starting to chip away at Tesla’s dominance of the U.S. EV market, according to national vehicle registration data.

A Walmart employee who survived the mass shooting at a store in Virginia has filed a $50 million lawsuit against the company.

A federal appeals court has upheld the extortion and fraud convictions of a once-celebrated young Massachusetts mayor who was found guilty of extorting hundreds of thousands of dollars from marijuana businesses.

Official figures show that Germany’s inflation rate slipped back slightly to 10% in November.

U.S. consumer confidence fell for the second straight month in November amid ongoing high inflation, rising interest rates, and layoff announcements by several large tech companies.

President Xi Jinping says China is ready to “forge closer partnership” with Russia in energy.

The head of the International Monetary Fund says it’s time for China to move away from mass lockdowns under its “zero-COVID” approach.

A top Qatari official involved in preparing his country’s hosting of the World Cup has put the number of worker deaths for the tournament “between 400 and 500” for the first time.

President Joe Biden is telling Americans he is a “pro-union” president, just a day after he sided with business leaders in asking Congress to pass legislation to stave off a crippling rail strike.

Asian shares are trading mostly lower ahead of a closely watched speech by the Federal Reserve chief that may give clues about future interest rate hikes.

South Korea’s government has ordered some of the thousands of truck drivers who have been on strike to return to work, insisting that their nationwide walkout over freight fare issues is hurting an already weak economy.

The Interior Department has proposed rules to limit methane leaks from oil and gas drilling on public lands.

Two Federal Reserve officials said they favor raising the Fed’s key rate to roughly 5% or more and keeping it at its peak through next year — longer than many on Wall Street have expected.

Fidelity Charitable, the nation’s largest grantmaker, is getting into NFTs or nonfungible tokens despite a torrent of bad news about cryptocurrency companies.

Growing sales of an Indonesian nut called kenari is helping to reduce deforestation.

"What people fail to understand about Patagonia ... is that we are unapologetically a for-profit business," CEO Ryan Gellert told CNBC on Wednesday.

The investor launched a proxy fight, won a board seat and now endorses a strategic review at Griffon. Here's what might be next.

A "fiscal event" to outline funding to tackle the cost-of-living crisis is still due to take place.

The council notice prohibits activities until the park can show risk assessments on drowning.

Zara had said the name of House of Zana was "one small brush mark" from being the same as theirs.

The Washington Post’s personal finance columnist Michelle Singletary gives seven tips to protect yourself whether a recession is coming or not.

The supermarket chain has beaten a rival offer from EG Group which is owned by billionaire Issa brothers.

The high street fashion giant claims Darlington-based House of Zana is "conceptually identical".

The retailer is bringing back staff rewards after being forced to scrap them last year amid losses.

The pandemic has caused a massive backlog at the IRS. The Post's Michelle Singletary explains how your taxes might be impacted this year.

Bankers are resisting the bill, calling it government overreach and saying lawmakers are creating a problem with a non-issue in Arizona.

Indian tea start-ups are rediscovering indigenous ingredients for teas and infusions to stay ahead.

The Post’s personal finance columnist Michelle Singletary explains what to do if you haven’t filed your taxes consistently.

Using Venmo, PayPal and Cash App to accept payments for your small business? Here’s what the new tax law says.

Janus Wagonback - known as George - successfully predicted 10 draws to get the big win.

Personal finance columnist Michelle Singletary explains why saving for retirement is the best way to invest in your future.

End of work-from-home guidance a boost for hospitality, while nightclubs welcome scrapping of covid passes.

How the football sticker maker survived a thieving tycoon and competition from Lycra-clad wrestlers.

Paytm validates a model of digitization in which losing on individual-transaction take rates is more than made up by gains from handling billions of them.

Paytm validates a model of digitization in which losing on individual-transaction take rates is more than made up by gains from handling billions of them.

As Sir Keir prepares for his first in-person conference as leader, we look at the promises he has made.

The deal will see founder Charlie Mullins offload his 90% stake in the group.

Activist investor Jana Partners could look for different routes to improve Vonage’s value.

Iain Anderson says he will work to "build a bridge" between the government and LGBT community.

His wife’s children and grandchildren don’t follow the rules of the ranch.

The two counts against Natasha Weeks, 29, were filed Aug. 18 and unsealed Monday in the U.S. District Court in Hammond, according to filings.

Pedestrian didn’t intend to interject, but “advice” was almost involuntary.

Ex-husband reveals that he had a son with another woman. Should reader tell her sons?

Small e-commerce entrepreneurs have thrived in lockdown - now big money wants to buy them out.

The star says she had a "psychotic break" after being attacked by a male record producer.

Since no official business can be conducted by the House until a speaker is elected, a lengthy balloting process could ensue while pressing matters such as the state budget and pandemic recovery are held in abeyance. Madigan, some Democrats contend privately, is counting at the very least on attrition to eventually return him as speaker as issues mount.

“I don’t want to see anyone go out of business,” he said. “That was never the intent. But I would rather see them go out of business than see them sell dogs unethically and defraud the public.”

In the first quarter of 2020, the total amount spent on lobbying, about $938 million, reached the highest on record, according to the Center for Responsive Politics. The health sector, which spent $168 million on lobbying efforts, received $150 billion in coronavirus relief aid, according to Advisory Board. The airline industry, which spent $29 million on lobbying, received $32 billion in relief aid, according to the Peter G. Peterson Foundation, and agribusiness, which spent $38 million, received $19 billion in aid, CRP said. The lobbying industry is arguably the U.S. government's oldest profession and is protected by the First Amendment. The misconception about lobbyists is that "we walk around with bags of money and say, 'Vote our way' or 'Oppose this.'

Genealogy is the second most-popular hobby for Americans, and a multi-billion dollar business. Tracy Smith takes a look at how digging up one's family roots is being made relatively easy with online resources like the website ancestry.com.

In 21 of 28 countries, business is trusted more than government. CBS News' Lulu Chiang spoke with a CEO to learn more.

CBS News Business analyst Jill Schlesinger discusses the risks and rewards of U.S. companies doing business with Iran.

A business in Chico, California receives $43,000 tip A small business noticed a $43,000 tip while checking receipts. The tip does not appear to be given intentionally, however it did go through.

Sheriff on Dorner manhunt: "We know it's a dangerous business" San Bernardino County Sheriff John McMahon describes the chaos during the manhunt for cop killer and former LAPD officer Christopher Dorner in February 2013 and concurs with many law enforcement officers' statements in the Dorner report that it was a miracle no one else got hurt.

Vermont Country Store: The business of selling nostalgia For three generations the Vermont Country Store has sold hard-to-find, old-fashioned products. CBS News' Lee Woodruff sat down with the store's co-owner Eliot Orton to discuss the mega-million dollar business.