Robinhood’s regulatory headaches pile up
By Allison Morrow Editor’s Note: A version of this story appeared in CNN Business’ Nightcap newsletter. To get it in your inbox, sign up…
Continue ReadingBy Allison Morrow Editor’s Note: A version of this story appeared in CNN Business’ Nightcap newsletter. To get it in your inbox, sign up…
Continue ReadingGas prices are surging this holiday weekend due to a labor shortage with truck drivers. CNN’s Alison Kosik…
Continue ReadingBy Matt Egan, CNN Business American drivers need OPEC and Russia to come to the rescue. Gasoline prices, averaging $3.12 a gallon in the United…
Continue ReadingBy Alicia Wallace, CNN Business It’s just about closing time on Thursday in early June and the regulars are catching up and winding down after…
Continue ReadingBy Alexis Benveniste, CNN Business Ampex Brands — a franchisee that owns more than 400 Pizza Hut, KFC, Taco Bell, Long John Silver’s and…
Continue ReadingBy Matt Egan, CNN Business Democrats are once again taking aim at dreaded bank overdraft fees. New York Congresswoman Carolyn Maloney reintroduced…
Continue ReadingBy Chris Isidore, CNN Business Consumer Reports and the Insurance Institute for Highway Safety have once again given their thumbs up to the Tesla…
Continue ReadingBy Jordan Valinsky, CNN Business The Bill and Melinda Gates Foundation announced Wednesday that it is committing more than $2 billion to gender…
Continue ReadingWorkers, wielding new-found leverage from the pandemic, are being more selective. One company hired 412 employees offering a $2000 bonus if they…
Continue ReadingBy Frank Pallotta, CNN Business David Geffen, one of the most famous business moguls in Hollywood, is giving $150 million to the Yale School of…
Continue ReadingBy Danielle Wiener-Bronner, CNN Business McDonald’s is offering you the chance to earn points for chicken sandwiches or vanilla cones. At…
Continue ReadingIn Atlanta, Mary Mac’s Tea Room serves up much more than sweet tea. See how they put their soul into a classic taste of the…
Continue ReadingBy Paul R. La Monica, CNN Business Berkshire Hathaway vice chairman Charlie Munger praised the Chinese government for silencing Alibaba’s Jack…
Continue ReadingBy Matt Egan, CNN Business Robinhood is being ordered to pay about $70 million for harming millions of customers. It’s the largest penalty ever…
Continue ReadingBy Anneken Tappe, CNN Business It’s the half-way point of the year and President Joe Biden’s stock market has quite the rally to show for…
Continue ReadingKleinVision’s AirCar reached an altitude of 1500 feet and completed two take-offs and landings during its maiden flight in Slovakia, according to the…
Continue ReadingKleinVision’s AirCar reached an altitude of 1500 feet and completed two take-offs and landings during its maiden flight in Slovakia, according to the…
Continue ReadingRide-hailer Didi raised $4.4 billion in the IPO, giving it a valuation of more than $67 billion. CNN’s Clare Sebastian…
Continue ReadingBy Hanna Ziady, CNN Business The collapse in international tourism due to the coronavirus pandemic could cost the global economy as much as $2.4…
Continue ReadingBy Jack Guy, CNN Business A prototype flying car has completed a test flight between two cities in Slovakia, spending 35 minutes airborne. Klein…
Continue ReadingBy Anneken Tappe, CNN Business What labor shortage? America’s private sector employers added 692,000 jobs in June, according to…
Continue ReadingBy Julia Horowitz, CNN Business The Delta coronavirus variant, first detected in India, is now causing cases to surge in the United Kingdom. Health…
Continue ReadingBy Michelle Toh, CNN Business Didi went public Wednesday in the biggest US share offering by a Chinese company since Alibaba debuted in 2014. Stock…
Continue ReadingBy Laura He, CNN Business China is in the middle of a huge power crunch as extreme weather, surging demand for energy and strict limits on coal usage…
Continue ReadingHost Tucker Carlson made explosive claims against the NSA, but his Fox News colleagues didn’t pick up the…
Continue ReadingBy Danielle Wiener-Bronner, CNN Business Starbucks knows that certain off-menu drinks dreamed up by its customers have become popular. So it’s…
Continue ReadingUnited Airlines is buying 270 jets, the largest aircraft purchase in the company’s history and the biggest order by any airline in about a decade.…
Continue ReadingUnited Airlines is buying 270 jets, the largest aircraft purchase in the company’s history and the biggest order by any airline in about a decade.…
Continue ReadingBy Nathaniel Meyersohn, CNN Business Stores have a glut of job openings to fill. One chain hopes automation is a solution to the pressure. DSW is…
Continue ReadingBy Oliver Darcy, CNN Business Fox News host Tucker Carlson made an explosive claim on his show Monday night: That he had learned through a…
Continue ReadingCNN analyst Max Boot reacts to Fox News host Tucker Carlson referring to Gen. Mark Milley as a stupid pig after Milley’s forceful rebuke of renewed…
Continue ReadingHost Tucker Carlson made explosive claims against the NSA, but his Fox News colleagues didn’t pick up the…
Continue ReadingBy Matt Egan, CNN Business Unemployment is shrinking. The stock market is booming. Americans are returning to the skies and even to movie theaters.…
Continue ReadingBy Anneken Tappe, CNN Business Americans feel more confident now than at any point during the pandemic, new data from The Conference Board showed…
Continue ReadingBy Paul R. La Monica, CNN Business So much for big tech stocks falling out of favor. Facebook has soared almost 30% this year and Mark…
Continue ReadingAmid shipping delays and supply chain issues, fireworks may be harder to come by this Fourth of July. CNN Business…
Continue ReadingBy Anneken Tappe, CNN Business Inequality has worsened across the board during the pandemic. That has proven particularly true for low-income…
Continue ReadingBy Moira Ritter, CNN Business As you prepare for your July 4th weekend festivities, add fireworks to the list of items that are going to be more…
Continue ReadingBy Hanna Ziady, CNN Business The children of immigrants from minority ethnic groups in the United Kingdom are better educated than their White…
Continue ReadingBy Matt Egan, CNN Business Inflation has arrived on Wall Street, and it’s bringing smiles to the faces of junior bankers — in the form of…
Continue ReadingBy Julia Horowitz, CNN Business The news for Facebook couldn’t have been better. What’s happening: On Monday, a US judge dismissed two…
Continue ReadingBy Matt Egan, CNN Business Some companies can’t wait to get to get their employees back to the office full-time. Synchrony Financial is not one…
Continue ReadingBy Chris Isidore, CNN Business United Airlines on Tuesday announced orders to buy 270 jets, the largest aircraft purchase in the company’s…
Continue ReadingBy Julia Horowitz, CNN Business There’s a problem at James Hook’s chicken farms, and it has nothing to do with poultry. P.D. Hook, a…
Continue ReadingCNN’s Brian Stelter speaks with Los Angeles Times owner Patrick Soon-Shiong and editor Kevin Merida as the publication expands its digital footprint…
Continue ReadingBy Brian Stelter, CNN Business A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free…
Continue ReadingBy Alexis Benveniste, CNN Business Morgan Stanley is doubling its quarterly dividend from 35 cents a share to 70 cents a share, and buying back up to…
Continue ReadingBy Chris Isidore, CNN Business When tens of millions of Americans hit the road this holiday weekend, they’re going to find the highest prices…
Continue ReadingBy Alexis Benveniste, CNN Business Bitcoin rose Monday after Ricardo Salinas Pliego, the owner of Mexico’s Banco Azteca, said he was pushing…
Continue ReadingBy Matt Egan, CNN Business America’s biggest banks insist they can and will do more to combat the nation’s racial inequality crisis. The…
Continue ReadingBy Paul R. La Monica, CNN Business America’s Covid-induced recession has been painful one — but it could ultimately be short. The official…
Continue ReadingAs companies implement post pandemic work plans, some businesses are allowing hybrid options while others want employees back in the office full…
Continue ReadingBy Matt Egan, CNN Business The era of virtual work isn’t ending at UBS. The Swiss bank will allow up to two-thirds of its employees around the…
Continue ReadingBy Julia Horowitz, CNN Business After dramatically collapsing this spring, the crypto market is attempting a comeback. What’s happening:…
Continue ReadingBy Michelle Toh, CNN Business Tesla’s bad run in China is getting worse. Nearly all of the vehicles that Elon Musk’s electric carmaker…
Continue ReadingBy Hanna Ziady, CNN Business Marco Gobbetti, who led a turnaround at Burberry, will leave the British luxury fashion label at the end of this year to…
Continue ReadingBy Brian Stelter, CNN Business A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free…
Continue ReadingBy Alexis Benveniste, CNN Business As the anniversary of the Capital Gazette newsroom shooting approaches, the publication’s former editor,…
Continue ReadingBy Alexis Benveniste, CNN Business The Financial Conduct Authority, a regulatory body in the United Kingdom, has banned Binance, a popular…
Continue ReadingCNN’s Brian Stelter speaks with Los Angeles Times owner Patrick Soon-Shiong and editor Kevin Merida as the publication expands its digital footprint…
Continue ReadingBy Frank Pallotta, CNN Business The latest Fast & Furious film has our heroes rocket a Pontiac Fiero into outer space. But that was merely the…
Continue ReadingBy Julia Horowitz, CNN Business There’s never been a better time for companies to raise funding from hot markets or make moves to scoop up…
Continue ReadingBy Helen Regan, Anna Coren, Sandi Sidhu and Salai TZ, CNN Business Myanmar’s military junta is using torture to extract information from…
Continue ReadingUS-Burmese journalist Nathan Maung tells CNN of torture and conditions in Myanmar’s notorious Insein prison after he was detained for spreading…
Continue ReadingBy Danielle Wiener-Bronner, CNN Business Johnson & Johnson has agreed to a $230 million settlement with New York state, resolving complaints…
Continue ReadingBy Michelle Toh, CNN Business Hong Kong has long been Asia’s leading financial hub, straddling the West and China. But as Beijing tightens its…
Continue ReadingCNN’s Brianna Keilar rolls the tape on how Fox News host Laura Ingraham conducted an interview with a Capitol rioter who seemed to downplay the…
Continue ReadingBy Moira Ritter, CNN Business An anchor for GB News, a newly-launched TV channel in Britain that has been compared to Fox News in the US, said he is…
Continue ReadingBy Paul R. La Monica, CNN Business It should be no surprise to hear that the founder of an investment firm named after the Hindenburg is looking for…
Continue ReadingBy Frank Pallotta, CNN Business As Dominic Toretto, the main character of the Fast & Furious franchise, once said, “it don’t matter…
Continue ReadingBy Danielle Wiener-Bronner, CNN Business Restaurants across the country have been reporting difficulty hiring as customers return in droves.…
Continue ReadingBy Chauncey Alcorn, CNN Business The nationwide rollout of the Pearl Milling Company brand name — formerly known as Aunt Jemima — is…
Continue ReadingBy Anneken Tappe, CNN Business Prices rose yet again in May and a key measure of inflation hit new multi-year highs. The price index tracking…
Continue ReadingBy Julia Horowitz, CNN Business “We have a deal.” Those words, from President Joe Biden on infrastructure spending, were enough to…
Continue ReadingLate-night host Conan O’Brien says goodbye as he gets ready for his new show on HBO…
Continue ReadingBy Nectar Gan, CNN Editor’s note: CNN has launched the Meanwhile in China newsletter, a three-times-a-week update exploring what you need to…
Continue ReadingBy Brian Stelter, CNN Business A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free…
Continue ReadingBy Frank Pallotta, CNN Business After nearly 30 years and a lot of hilariously bizarre moments, Conan O’Brien said goodbye to late night on…
Continue ReadingBy Danielle Wiener-Bronner, CNN Business As more Americans get vaccinated, states across the country are lifting their pandemic restrictions. That…
Continue ReadingPresident Joe Biden announced a bipartisan agreement on the infrastructure deal. CNN’s Ryan Nobles details how the package will be paid…
Continue ReadingBy Anneken Tappe, CNN Business Stocks are rallying Thursday after President Joe Biden announced a bipartisan agreement on an infrastructure deal. The…
Continue ReadingBy Jordan Valinsky, CNN Business Wendy’s is testing a new plant-based burger — but it doesn’t use a meat alternative. Beginning…
Continue ReadingBy Anneken Tappe, CNN Business Government statistics aren’t always inclusive and little data is currently collected on the LGBTQ+ community.…
Continue ReadingBy Nathaniel Meyersohn, CNN Business Victoria’s Secret’s brand image was in tatters, and its owner finally had an escape route. In…
Continue ReadingBy Kerry Flynn, CNN Business BuzzFeed, the 15-year-old digital media company known for its lists, quizzes and its Pulitzer Prize-winning journalism,…
Continue ReadingBy Chauncey Alcorn, CNN Business The grand opening for rapper and activist Michael “Killer Mike” Render’s Greenwood banking…
Continue ReadingBy Hanna Ziady, CNN Business The United Kingdom will fail to meet its “historic climate promises” if the government doesn’t…
Continue ReadingBy Jordan Valinsky, CNN Business Canada Goose is icing out the fur trims on its jackets. The luxury clothier said Thursday it will stop buying fur by…
Continue ReadingBy Julia Horowitz, CNN Business The risk to tech stocks from increased regulation isn’t new. But it’s clearly increasing. What’s…
Continue ReadingBy Alexis Benveniste, CNN Business Coca-Cola thought personalized bottles might bring some summer fun to its fans. Instead, it met the internet. The…
Continue ReadingBy Parija Kavilanz, CNN Business When walking into a traditional department store or browsing your favorite online retailer, shoppers typically…
Continue ReadingBy Alicia Wallace, CNN Business Amazon certainly wasn’t the first major corporation to arrive at the cannabis reform party, but it sure made…
Continue ReadingHong Kong’s biggest pro-democracy newspaper, Apple Daily, will close its print and digital production as Beijing tightens its…
Continue ReadingShoppers aren’t showing any signs of getting tired of Amazon Prime Day, even though some sellers had said they weren’t planning on offering deals…
Continue ReadingBy Julia Horowitz, CNN Business Supply chain issues and other post-pandemic headaches can’t mask this reality: The global economic recovery is…
Continue ReadingBy Frank Pallotta, CNN Business Dating is hard. But at least it doesn’t require you to woo your beloved while dressed as a dolphin and…
Continue ReadingBy Anneken Tappe, CNN Business The US economy is inching back to normal. But the recovery remains uneven and some states are lagging behind in the…
Continue ReadingBy Paul R. La Monica and Rob McLean, CNN Business Morgan Stanley plans to ban workers from its New York headquarters if they have not received a…
Continue ReadingBy Hanna Ziady, CNN Business A deal to release the Ever Given could soon be reached, freeing the quarter-mile-long container ship and the hundreds of…
Continue ReadingBy Jordan Valinsky, CNN Business Warren Buffett has resigned from his trustee position at the Bill and Melinda Gates Foundation, the 90-year-old…
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