The Russian Tea Room in New York City suffers as Ukraine invasion escalates
By Kunyi Yang, CNN Business The Russian Tea Room is a 100-year-old New York City icon that has long drawn in locals and tourists alike. In its…
Continue ReadingBy Kunyi Yang, CNN Business The Russian Tea Room is a 100-year-old New York City icon that has long drawn in locals and tourists alike. In its…
Continue ReadingBy Ramishah Maruf, CNN The maker of Stolichnaya vodka announced a major rebrand Friday, in direct response to its founder’s “vehement…
Continue ReadingBy Nimi Princewill, CNN As Russian troops tear through Ukraine, swathes of Africa are gearing up to bear the brunt of a potentially drawn-out…
Continue ReadingBy Alicia Wallace, CNN Business In May 2020, the Bureau of Labor Statistics delivered the worst US jobs report on record: 20.5 million jobs had been…
Continue ReadingBy Laura He, CNN Business China has set its lowest official target for economic growth in three decades. Speaking during one of China’s most…
Continue ReadingBy Angela Dewan, CNN When you turn on the heating in your home, you may not think much about where your energy comes from, let alone where the money…
Continue ReadingBy Oliver Darcy, CNN Business Russian President Vladimir Putin’s creeping authoritarianism got a lot more overt on Friday when he signed a…
Continue ReadingBy Peter Valdes-Dapena, CNN Business A Toyota sold at a Florida collector car auction Friday for $2.5 million. As you might guess, this was not your…
Continue ReadingBy Mark Thompson, CNN Business Russia is finding it ever harder to sell its oil and gas. Shell said Tuesday it was breaking completely with…
Continue ReadingBy Peter Valdes-Dapena, CNN Business A Toyota sold at a Florida collector car auction Friday for $2.5 million. As you might guess, this was not your…
Continue ReadingBy Peter Valdes-Dapena, CNN Business Stellantis, the maker of Dodge and Jeep vehicles, has a factory in Russia. But it has not announced plans to…
Continue ReadingOpinion by Mark Zandi for CNN Business Perspectives Painfully high inflation has become the nation’s number one economic problem, ignited by…
Continue ReadingBy Jeanne Sahadi, CNN Business With Russia’s internationally condemned invasion of Ukraine, one thing is certain: No one knows exactly how…
Continue ReadingBy Jeanne Sahadi, CNN Business With Russia’s internationally condemned invasion of Ukraine, one thing is certain: No one knows exactly how…
Continue ReadingBy Frank Pallotta, CNN Business Brandon Sanderson, the prolific fantasy author, broke the record for the most-funded Kickstarter recipient by…
Continue ReadingBy Chris Isidore, CNN Business US gas prices are surging at pace drivers haven’t seen since Hurricane Katrina in 2005. The national average…
Continue ReadingBy Nathaniel Meyersohn, CNN Business The conditions described by the US Food and Drug Administration at a Family Dollar warehouse in West Memphis,…
Continue ReadingBy Frank Pallotta, CNN Business Disney+ is creating an ad-supported tier for its streaming service to ramp up its growing subscriber base. Though…
Continue ReadingBy Frank Pallotta, CNN Business “The Batman” opens this weekend and theaters are hoping this blockbuster film will help the industry…
Continue ReadingBy Oliver Darcy, CNN Business Russian President Vladimir Putin’s creeping authoritarianism got a lot more overt on Friday when he signed a…
Continue ReadingBy Anna Cooban, CNN Business The number of independent media voices Russians can read and watch is dropping fast. Russian authorities have restricted…
Continue ReadingBy Abbas Al Lawati and Nadeen Ebrahim, CNN The Middle East found itself dragged into coverage of the conflict in Ukraine over the past week as…
Continue ReadingBy Anneken Tappe, CNN Business The US economy added 678,000 jobs in February, exceeding economists’ expectations. It was the best month for job…
Continue ReadingBy Julia Horowitz, CNN Business Stocks around the world fell Friday following the news that Russian troops are occupying Ukraine’s largest…
Continue ReadingBy Danielle Wiener-Bronner, CNN Business As Russia’s assault on Ukraine continues, American bar and restaurant owners are hoping a small word…
Continue ReadingBy Charles Riley, CNN Business Russia’s second largest oil company has broken ranks with President Vladimir Putin. Lukoil, which produces more…
Continue ReadingBy Anneken Tappe, CNN Business The US economy added 678,000 jobs in February, exceeding economists’ expectations. It was the best month for job…
Continue ReadingBy Danielle Wiener-Bronner, CNN Business As Russia’s assault on Ukraine continues, American bar and restaurant owners are hoping a small word…
Continue ReadingBy Allison Morrow, CNN Business If Russia’s oligarchs weren’t already shaking in their custom Italian-leather boots, they probably are…
Continue ReadingBy Matt Egan, CNN Business Covid-19 drove global supply chains to the breaking point, causing shortages and sending prices skyrocketing. Just as the…
Continue ReadingBy Laura He, CNN Business Chinese retail investors are snapping up stocks with even the slightest link to trade with Russia, as they bet on closer…
Continue ReadingBy Michelle Toh, CNN Business Two of Japan’s biggest names in business are teaming up. Sony and Honda announced Friday that they plan to start…
Continue ReadingBy Michelle Toh, CNN Business Grab, the Southeast Asian startup known for its “super app,” had a terrible Thursday. The ride-hailing…
Continue ReadingBy Laura He, CNN Business Will China help Russia cope with the fallout from economic sanctions? That has been the big question since Russia invaded…
Continue ReadingBy Casey Tolan, Curt Devine and Daniel A. Medina, CNN The ships span the length of a football field or longer, come outfitted with helipads and…
Continue ReadingOpinion by Elise Gould and Heidi Shierholz for CNN Business Perspectives When the coronavirus pandemic shut down businesses across the US in spring…
Continue ReadingBy Jordan Valinsky, CNN Business Ben & Jerry’s decision to stop manufacturing ice cream in Israel sparked a lawsuit from its Israeli…
Continue ReadingBy Oliver Darcy, CNN Business RT America will cease productions and lay off most of its staff, according to a memo CNN obtained from T&R…
Continue ReadingBy Matt McFarland, CNN Business Rivian is rolling back price hikes on preordered vehicles following backlash from its customers. Rivian CEO RJ…
Continue ReadingBy Lauren del Valle, CNN Business Purdue Pharma and the Sackler families reached a settlement with a group of states this week that would require the…
Continue ReadingBy Nathaniel Meyersohn, CNN Business Best Buy built a retail empire selling TVs and laptops. But to keep growing and fend off rivals like Amazon and…
Continue ReadingBy Paul R. La Monica, CNN Business Crude oil prices briefly surged to their highest levels since 2008 Thursday morning before pulling back a bit.…
Continue ReadingBy Frank Pallotta, CNN Business Serena Williams called out The New York Times Wednesday after the paper published an article about her venture fund…
Continue ReadingBy Matt Egan US oil prices briefly spiked on Thursday to their highest level in nearly 14 years, as concerns about disruptions to Russia’s…
Continue ReadingBy Matt Egan, CNN Business The war in Ukraine is raging. The oil market is panicking. Russian oil has not been directly targeted by the West’s…
Continue ReadingBy Matt Egan, CNN Business The war in Ukraine is raging. The oil market is panicking. Russian oil has not been directly targeted by the West’s…
Continue ReadingBy Chris Isidore, CNN Business Tesla CEO Elon Musk, a vocal critic of unions and the United Auto Workers’ efforts to organize his employees, is…
Continue ReadingBy Jordan Valinsky, CNN Business Russian-made vodka brands face intense backlash, with calls for boycotts spreading this week to about a dozen US…
Continue ReadingBy Charles Riley, CNN Business A week of war in Ukraine has rocked the global economy, as quick-fire Western sanctions isolated Russia, collapsed its…
Continue ReadingBy Anna Bahney, CNN Business Russia’s invasion of Ukraine helped send mortgage rates lower last week. This is the second week in a row rates…
Continue ReadingBy Anneken Tappe, CNN Business Forecasting the pace of the recovery has been tough, and many economists have got their predictions very wrong over…
Continue ReadingBy Chris Isidore, CNN Business Governments aren’t alone in turning the screws on the Russian economy. Dozens of major multinational companies…
Continue ReadingBy Julia Horowitz, CNN Business Russia’s economy is under serious pressure from tough new Western sanctions. That’s forcing financial…
Continue ReadingBy Jordan Valinsky, CNN Business Two major retailers, Ikea and H&M, are temporarily pausing operations in Russia and Belarus because of the…
Continue ReadingBy Xiaofei Xu and Anaëlle Jonah, CNN France has seized a yacht owned by Russian oligarch Igor Sechin, the French finance ministry said in a…
Continue ReadingBy Diksha Madhok, CNN Business Indian businesswoman Swati Daga first bought bitcoin in 2017, when the cryptocurrency was trading well under $3,000.…
Continue ReadingBy Reuters A Tokyo court on Thursday convicted former Nissan Motor executive Greg Kelly of helping Carlos Ghosn hide pay from financial regulators,…
Continue ReadingBy Brian Stelter, CNN Business President Biden’s State of the Union address reached more than 38 million people in the United States on Tuesday…
Continue ReadingBy Brian Stelter, CNN Business President Biden’s State of the Union address reached more than 38 million people in the United States on Tuesday…
Continue ReadingBy Allison Morrow, CNN Business If Russia’s oligarchs weren’t already shaking in their custom Italian-leather boots, they probably are…
Continue ReadingBy Frank Pallotta, CNN Business Serena Williams called out The New York Times Wednesday after the paper published an article about her venture fund…
Continue ReadingBy Brian Stelter and Bianna Golodryga, CNN Journalists from the last remaining independent news network in Russia have left the country for their own…
Continue ReadingBy Brian Stelter and Bianna Golodryga, CNN Journalists from the last remaining independent news network in Russia have left the country for their own…
Continue ReadingBy Peter Valdes-Dapena, CNN Business Ford is creating two new business units, one for electric vehicles and software and another for its traditional…
Continue ReadingBy Paul R. La Monica, CNN Business Is the American consumer finally close to being tapped out? It appears that some Wall Street investors think that…
Continue ReadingBy Peter Valdes-Dapena, CNN Business The Felicity Ace, the cargo ship carrying cars and SUVs from brands including Audi, Porsche, Bentley and…
Continue ReadingBy Peter Valdes-Dapena, CNN Business The Felicity Ace, the cargo ship carrying cars and SUVs from brands including Audi, Porsche, Bentley and…
Continue ReadingBy Matt Egan, CNN Business Russia’s stock market remains shut down. The ruble is worth less than a penny. And Western businesses are fleeing.…
Continue ReadingBy Anna Cooban, CNN Business Palm oil prices have shot up in the wake of Russia’s invasion of Ukraine as markets scramble to find alternatives…
Continue ReadingBy Brian Lowry and Frank Pallotta, CNN After a year of simultaneously releasing movies on HBO Max and in theaters, Warner Bros. returns to exclusive…
Continue ReadingBy Brian Lowry and Frank Pallotta, CNN After a year of simultaneously releasing movies on HBO Max and in theaters, Warner Bros. returns to exclusive…
Continue ReadingBy CNN Business staff Dozens of the world’s biggest companies have abandoned or scaled back their operations in Russia in response to its…
Continue ReadingBy Allison Morrow, CNN Business As Western sanctions take root, Russians are bracing for a dramatic shift in their standard of living as their…
Continue ReadingBy Chris Isidore, CNN Business Oil prices are soaring to seven-year highs, but don’t expect US oil producers to ramp up supply. On the face of…
Continue ReadingBy Kathryn Vasel Shanika Puckett has taken six breaks during her nearly 20-year career as a graphic designer. Most were for a few months, like after…
Continue ReadingBy Anneken Tappe, CNN Business The time of ultra-low interest rates has come to an end. That’s what Federal Reserve Chair Pro Tempore Jerome…
Continue ReadingBy Allison Morrow, CNN Business As Western sanctions take root, Russians are bracing for a dramatic shift in their standard of living as their…
Continue ReadingBy Anneken Tappe, CNN Business America’s companies added 475,000 jobs last month, the ADP employment report said on Wednesday. That was nearly…
Continue ReadingBy Julia Horowitz, CNN Business Federal Reserve Chair Jerome Powell had been making himself very clear: To fight inflation, the US central bank would…
Continue ReadingBy Anneken Tappe, CNN Business America’s companies added 475,000 jobs last month, the ADP employment report said on Wednesday. That was nearly…
Continue ReadingBy Jordan Valinsky, CNN Business Jack Sweeney, a Florida teen who tracks Elon Musk’s private jet online has a new aviation-themed target:…
Continue ReadingBy CNN Business staff A growing number of international companies, including Apple, Disney and Ford, are dialing back operations in Russia over its…
Continue ReadingBy Charles Riley, CNN Business Global crude oil prices surged to more than $110 per barrel and the cost of natural gas skyrocketed to a new record in…
Continue ReadingBy Paul R. La Monica, CNN Business Consumers are feeling the pinch from inflation, and that will likely continue for the foreseeable future.…
Continue ReadingBy Mark Thompson and Vasco Cotovio, CNN Business The Russian economy is taking “serious blows,” the Kremlin acknowledged Wednesday, as…
Continue ReadingBy Anneken Tappe, CNN Business Rising prices on everything from food to gasoline are hurting Americans. Now the White House has unveiled a plan to…
Continue ReadingBy Anneken Tappe, CNN Business Rising prices on everything from food to gasoline are hurting Americans. Now the White House has unveiled a plan to…
Continue ReadingBy Matt Egan, CNN Business ExxonMobil pledged Tuesday to leave its last remaining oil-and-gas project in Russia, and it will not invest in new…
Continue ReadingBy Matt Egan US oil prices briefly spiked on Thursday to their highest level in nearly 14 years, as concerns about disruptions to Russia’s…
Continue ReadingBy Danielle Wiener-Bronner and Vanessa Yurkevich, CNN Business Russia’s attack on Ukraine is causing wheat prices to spike, exacerbating…
Continue ReadingBy Peter Valdes-Dapena, CNN Business Stellantis, the company formed one year ago from the merger of Fiat Chrysler Automobiles and France’s PSA,…
Continue ReadingBy Sonia Moghe, CNN The federal judge who presided over Sarah Palin’s defamation trial against the New York Times said in a new written opinion…
Continue ReadingBy Kunyi Yang The hashtag #BoycottLukoil started trending online not long after Russia invaded Ukraine on February 21. The idea is to stop people…
Continue ReadingBy Chris Liakos, CNN Business Two of the world’s biggest container shipping companies are halting cargo bookings to and from Russia. “As…
Continue ReadingBy Jordan Valinsky, CNN Business Domino’s is raising the price on one of its top promotions. The pizza chain announced that its “Mix and…
Continue ReadingBy Mark Thompson and Vasco Cotovio, CNN Business Russian President Vladimir Putin is trying to stem the flow of Western businesses fleeing the…
Continue ReadingBy Oliver Darcy, CNN Business DirecTV is cutting ties with RT, the Russia-backed television network infamous for promoting Vladimir Putin’s…
Continue ReadingBy David Goldman and Matt Egan, CNN Business The US Strategic Petroleum Reserve is a man-made underground government storage complex built inside…
Continue ReadingBy Paul R. La Monica, CNN Business March is looking a lot like January and February on Wall Street. That’s not good news for investors. The Dow…
Continue ReadingBy Frank Pallotta, CNN Business “The Batman,” which is anticipated to be one of the biggest blockbusters of the year, won’t hit…
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