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A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the newsletter by clicking the same link. New York CNN  —  Thursday afternoon will round out what has so far been a sobering earnings season…

CNN  —  The Interior Department’s Bureau of Land Management on Wednesday advanced the controversial Willow oil drilling project on Alaska’s North Slope, releasing the final environmental impact statement before the project can be approved. The ConocoPhillips proposed Willow drilling plan is a massive and decadeslong project that the state’s bipartisan Congressional delegation says will create…

New York CNN  —  Good news: Beyoncé’s Renaissance tour is happening. Bad news: Fans are already gearing up for a difficult time getting tickets, especially following Ticketmaster’s botched ticket rollout for Taylor Swift’s Eras tour. Beyoncé announced the tour — which had been previously rumored — on Wednesday. In an Instagram post, the superstar posted…

CNN  —  PayPal said Tuesday it plans to lay off about 2,000 employees, or roughly 7% of its staff, making it the latest tech firm to announce significant job cuts in recent months amid broader economic uncertainty. In a memo to staff announcing the layoffs, PayPal CEO Dan Schulman referred to the “challenging macro-economic environment”…

Washington CNN  —  Apple has illegally imposed rules on its employees that prohibit them from discussing their wages and engaging in other protected activity, according to investigators at the National Labor Relations Board. The findings by NLRB agents determined that “various work rules, handbook rules, and confidentiality rules at Apple” are unlawful because they “reasonably…

New York CNN Business  —  ExxonMobil’s earnings slowed from a peak earlier in the year but the oil giant still reached a full-year record profit more than double what it reported a year ago. The company earned adjusted income of $14 billion in the quarter, down from the record $18.7 billion it earned in the…

New York CNN  —  General Motors reported a much stronger than expected fourth-quarter profit, lifting full-year results to record levels for the second straight year. The largest US automaker also said Tuesday it is buying a $650 million equity stake in Lithium Americas, which will give it access to the raw material needed to build…

Hong Kong CNN  —  China has hit back after reports that Washington is moving to further restrict sales of American technology to Huawei. “China is deeply concerned,” Mao Ning, a spokesperson for the country’s foreign ministry, said at a press conference Tuesday. The Financial Times reported earlier that the US Commerce Department had notified some…

CNN  —  President Joe Biden and senior administration officials are embarking on a travel swing this week, showcasing what they see as successful measures to rebuild America’s ailing infrastructure. In what’s been described as a preview of some of the messaging for next week’s State of the Union address, Biden, Vice President Kamala Harris and…

London CNN  —  Ryanair expects it will be able to charge higher prices for flights over Easter and the summer, thanks to strong demand from American and Asian tourists and less competition from rivals. The low-cost European carrier told customers in an earnings statement on Monday to “book early” before cheaper tickets sell out. It…