BUSINESS

Some shuffling among owners has some Las Vegas Strip properties destined in coming months for rebranding, demolition, reconstruction and the addition of familiar names.

The International Monetary Fund says that El Salvador should dissolve the $150 million trust fund it created when it made the cryptocurrency Bitcoin legal tender and return any of those unused funds to its treasury.

The COVID pandemic has had a big impact on the landscape of Downtown Detroit.

Ohio’s price tag for landing Intel’s new computer chipmaking factory comes in at roughly $2 billion.

President Joe Biden has an opportunity for a reset on climate policy after a federal judge rejected an administration plan to lease millions of acres in the Gulf of Mexico for offshore oil drilling.

A federal appeals court has upheld California's net neutrality law, rejecting an attempt by telecom groups to prevent it from going into effect.

Concern about new high-speed wireless service interfering with airplanes appears to be easing.

Gyms, movie theaters and other businesses hurt by the coronavirus pandemic would receive state grants under a $185 million spending bill that has won initial legislative approval.

State and local governments reported more than $117 billion of revenue losses in the first year of the coronavirus pandemic.

New York state is now looking at lowering the farm worker overtime threshold from 60 hours a week.

Argentina says it has reached an agreement with the International Monetary Fund to refinance more than $40 billion in debt.

Some residents think a northern Alabama city’s new logo might be sending the wrong message.

A measure of prices that is closely tracked by the Federal Reserve rose 5.8% last year, the sharpest increase since 1982, as brisk consumer spending collided with snarled supply chains to raise the costs of food, furniture, appliances and other goods.

Tech giant Hewlett Packard Enterprise has won a multibillion-dollar lawsuit against a British businessmen it accused of fraud after purchasing his software company Autonomy a decade ago.

Moves by carmaker Stellantis to consolidate its position in fast-growing China seem to be off to a rocky start after one of its joint venture partners said it hadn’t been consulted before an announcement of plans to grab a controlling stake.

High-stakes diplomacy continues to try to avert a war in Eastern Europe.

Caterpillar’s sales surged in the final quarter of the year despite ongoing disruptions in the global supply chain that have hit almost every sector of the economy.

Hong Kong’s economy grew by 6.4% last year after activity weakened as anti-coronavirus controls were tightened.

The International Labor Organization says about 1.6 million jobs were lost in Myanmar in 2021, with women suffering the biggest setbacks as work in factories, tourism and construction dwindled amid the pandemic and a military takeover.

Malaysia’s AirAsia Group has changed the name of its listed holding company to Capital A to reflect the diversity of its business portfolio as it seeks to grow its non-airline revenue.

Marcelo Claure, who joined SoftBank Group after turning around one of its key investments, office-sharing business WeWork, is leaving.

Google plans to invest up to $1 billion in partnership with India’s Airtel for providing affordable access to smartphones to over a billion Indians and accelerating the cloud ecosystem for businesses.

South Korea plans to add hundreds of small neighborhood hospitals and clinics to treat the thousands more people expected to get COVID-19 during a developing omicron surge.

A federal judge won't rein in the roundup and capture of wild horses in eastern Nevada — rejecting advocates’ claims the federal government was needlessly and recklessly killing free-roaming mustangs in violation of U.S. law.

A turbulent week for markets ended with a late burst of buying, breaking a three-week losing streak and giving major indexes their biggest gains of the year.

Toyota says it's working with Japan’s space agency on a vehicle to explore the lunar surface, with ambitions to help people live on the moon by 2040 and eventually live on Mars.

A federal court has rejected a plan to lease millions of acres in the Gulf of Mexico for offshore oil drilling, saying the Biden administration did not adequately take into account its effect ongreenhouse gas emissions.

Federal officials say a yearling humpback whale off Maui has been freed from a life-threatening entanglement in mooring gear and a plastic trawling buoy.

The Alden Global Capital hedge fund is sending its own appeal to shareholders of newspaper publisher Lee Enterprises as part of its campaign to acquire the company.

The Home Depot has named a veteran executive as its new CEO.

Visa’s fiscal first-quarter profits rose 27%, as improving economies worldwide as well as more people using digital payments helped lift the company’s fortunes.

Apple shook off supply shortages that have curtailed production of iPhones and other popular devices to deliver its most profitable holiday season yet.

Growth keeps slowing for Robinhood Markets, the upstart company that upended the brokerage industry, and its stock keeps falling.

The name Kim Jones dominated Paris fashion for a second week running as the indefatigable Briton who designs for Dior Men’s was back on the runway to present his latest couture collection for Fendi.

Stephanie Ruhle is replacing Brian Williams on the weeknight MSNBC broadcast ‘The 11th Hour,’ and the show ‘Morning Joe’ will expand to four hours.

A federal judge has denied a news media coalition’s request for public access to records of court-ordered community service by one of the rioters who stormed the U.S. Capitol last year.

Lawmakers and regional representatives have failed again to find consensus on a new Italian president.

European Union regulators have approved Facebook parent Meta’s purchase of customer service startup Kustomer, after the social network made concessions to ease concerns the deal wouldn’t squeeze out rivals.

Fewer Americans applied for unemployment benefits last week following three straight increases economists blamed on the surge in cases of the omicron variant of COVID-19.

The U.S. economy grew last year at the fastest pace since Ronald Reagan’s presidency, bouncing back with resilience from 2020′s brief but devastating coronavirus recession.

President Joe Biden says 14.5 million Americans got private health insurance for this year under the Obama-era health law, thanks to help from his administration.

The United States and NATO have made no concessions to the main Russian demands to resolve the crisis over Ukraine.

McDonald’s ended 2021 on a high note, with U.S. customers spending more and fewer restaurant closures in Europe.

Thanks to strong passenger traffic over the winter holidays, Southwest Airlines is reporting a $68 million profit for the fourth quarter.

Tata Sons, India’s oldest and largest conglomerate, has regained ownership of the country’s debt-laden national carrier Air India.

Cyprus’ energy minister says the European Union has earmarked 657 million euros ($736 million) for the construction of a 2,000-megawatt undersea electricity cable linking the power grids of Israel, Cyprus and Greece.

Transportation Secretary Pete Buttigieg is pledging to tackle a rising U.S. epidemic of car fatalities.

The French-Japanese auto alliance of Renault and Nissan plans to invest 23 billion euros ($26 billion) in electric vehicle technology over the next five years.

Deutsche Bank says it reaped its best annual profit in 10 years last year.

Australia’s Woodside Petroleum says it is withdrawing from projects in strife-torn Myanmar, following a similar decision by Total and Chevron.

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

The business with the most liquor sales in your Michigan county probably isn’t the big boozy bar downtown or that local liquor store that seems to have every variety of spirit. It’s probably a chain grocery store.

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.

BURTON, MI — A new business that will feature axe throwing is planning to open in Genesee County before the end of the year. Spymaker Axe Throwing, an axe throwing venue, that will feature axe throwing for various group sizes and leagues has plans to open in December. “We are going to open Flint’s first axe throwing venue,” Shane Moore told MLive-The Flint Journal, adding half of the building will feature axe throwing while the other half will have six escape rooms. Prices for axe throwing are not finalized, but the cost is planned to be $20 per person. When asked what inspired the Moore’s to delve into the business of axe throwing, Shane Moore acknowledged his wife’s intelligence and the interest to want to bring fun the area.

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.

ANN ARBOR, MI - Business owners seeking advice can learn from industry experts from near and far at upcoming Washtenaw Economic Club meetings organized by Washtenaw Community College. This week’s club meeting features David Barfield, a global staffing executive for the British-based Impellam Group. The event is free for Washtenaw Economic Club members and $25 for non-members. For more information on the Washtenaw Economic Club, click here. Read more from The Ann Arbor News:Fall semester at Washtenaw Community College features new programs, mask mandateWashtenaw Community College receives $1.4 million grant to expand support for associate degree programsWashtenaw Community College secures $60k grant to provide laptops, digital literacy to local youth

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.

ROCKFORD, MI — The West Michigan Sports Commission announced Meijer as the naming rights partner for its Rockford baseball and softball complex at a Tuesday, May 4 ribbon-cutting ceremony. The newly-named Meijer Sports Complex marks the start of a 10-year partnership between the two organizations. The complex also houses the Nate Hurwitz Miracle League Field -- a customized field set to accommodate young athletes in wheelchairs, walkers or other similar devices. The complex’s Miracle League field is one of nine in the state. West Michigan Miracle League President Tony Comden spoke alongside his son, who plays in the Miracle League as a cancer survivor.

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.