Latest news updates: Sainsbury’s ends talks to sell banking unit – Financial Times
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How soaring energy costs could hobble the covid-19 recovery – The Economist
Past shocks have raised inflation and induced economic slumps
Pain at the pump: Biden admits ‘I don’t have a near-term answer’ for high gas prices – New York Post
President Biden admitted during a town hall Thursday night that he has no immediate solution to the problem of spiking gas prices and…
Deutsche Bank Whistleblower Gets $200 Million Bounty for Tip on Libor Misconduct – The Wall Street Journal
The payout is the largest ever by the Commodity Futures Trading Commission
General Motors unveils new high-end GMC Sierra Denali and AT4X pickups – CNBC
The new GMC models aim to build upon the Sierra’s already high profit margins and average transaction prices, which are at more…
ANZ joins CommBank, Westpac in hiking rates – Yahoo Finance Australia
Fixed rates are going up, with another bank announcing major changes. Read more.
New documents detail conflicts of interest DeJoy faced as post office head – NBC News
Though the Post Office says DeJoy followed the guidelines set by the agency’s ethics office, a government watchdog group says…
American Airlines posts profit thanks to federal aid, revenue improves – CNBC
For the fourth-quarter American expects its revenue to be down about 20% from 2019.
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Elon Musk’s Boring Company gets OK for Las Vegas underground tunnel project – Fox Business
Billionaire entrepreneur Elon Musk’s vision for underground transit has received a green light in Las Vegas.
Ex-Alitalia flight attendants strip off uniforms in protest – Stuff.co.nz
Dozens of former flight crew from defunct Italian airline Alitalia have undressed in a silent, choreographed protest in central…