3 key takeaways from the Elizabeth Holmes verdict
Opinion by Jessica A. Roth for CNN Business Perspectives After three months of testimony and seven days of deliberations, the jurors in the trial of…
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The world’s 500 richest people became $1 trillion richer last year
By Allison Morrow, CNN Business The world’s wealthiest people, whose fortunes already strained comprehension, collectively gained $1 trillion…
Continue Reading A record 4.5 million Americans quit their jobs in November
By Anneken Tappe, CNN Business A record 4.5 million Americans voluntarily left their jobs in November, according to the Bureau of Labor Statistics.…
Continue Reading Crystal Pepsi is back
By Jordan Valinsky, CNN Business Crystal Pepsi, the quirky, failed, clear cola from the 1990s is making a comeback. Pepsi is bringing back the soda…
Continue Reading A record 4.5 million Americans quit their jobs in November
By Anneken Tappe, CNN Business A record 4.5 million Americans voluntarily left their jobs in November, according to the Bureau of Labor Statistics.…
Continue Reading GM was America’s largest automaker for nearly a century. It was just dethroned by Toyota
By Chris Isidore, CNN Business Toyota is the leader in US auto sales for the first time, taking away a title that General Motors had held for nearly…
Continue Reading Apple’s warp-speed journey to $3 trillion
By Julia Horowitz, CNN Business The first trading day of the year featured a major milestone for Corporate America and financial markets.…
Continue Reading Biden’s $1 billion bet to make beef cheaper: When will prices fall?
By Danielle Wiener-Bronner and Matt Egan, CNN Business The White House on Monday offered a solution to surging meat prices: an action plan that…
Continue Reading China denounces Walmart for ‘stupidity’ after Sam’s Club was accused of pulling Xinjiang products
By Laura He, CNN Business Walmart has been swept up in controversy in China after one of its retailers was accused of removing products sourced from…
Continue Reading Evergrande has been ordered to demolish 39 buildings in Chinese resort
By Laura He, CNN Business Troubled Chinese real estate developer Evergrande is trying to reassure investors about the impact of an official order to…
Continue Reading Shared history of January 6 is impeded by disinformation, denial and diversion
By Brian Stelter and Donie O’Sullivan, CNN Business A version of this article first appeared in the “Reliable Sources” newsletter.…
Continue Reading Shared history of January 6 is impeded by disinformation, denial and diversion
By Brian Stelter and Donie O’Sullivan, CNN Business A version of this article first appeared in the “Reliable Sources” newsletter.…
Continue Reading Tesla just opened a new showroom in China’s Xinjiang region
By Peter Valdes-Dapena, CNN Business Tesla has opened a new showroom in Xinjiang, a region in western China that is purported to be the site of abuse…
Continue Reading At India’s Golden Temple, an intruder was allegedly beaten to death. So why don’t politicians want to talk about it?
By Rhea Mogul and Esha Mitra, CNN The throngs of worshipers were mid-prayer when a man emerged from the crowd and jumped over the barrier, entering…
Continue Reading Big banks are booming. Now here come earnings
By Paul R. La Monica, CNN Business The prospect of higher interest rates this year is spooking investors in tech stocks and other high growth…
Continue Reading Apple’s warp-speed journey to $3 trillion
By Julia Horowitz, CNN Business The first trading day of the year featured a major milestone for Corporate America and financial markets.…
Continue Reading Stocks kicked 2022 off at record highs
By Anneken Tappe, CNN Business Start the year how you intend to spend it, right? For the Dow, that means at all-time highs. The index finished up…
Continue Reading GM was America’s largest automaker for nearly a century. It’s about to be dethroned by Toyota
By Chris Isidore, CNN Business Toyota is about to become the leader in US auto sales for the first time, taking away a title that General Motors has…
Continue Reading Mercedes says its electric concept has 620 miles of range and seats made with mushrooms
By Peter Valdes-Dapena, CNN Business Mercedes has unveiled a new all-electric concept car, the EQXX, that the company claims can go 620 miles on a…
Continue Reading AMC CEO vows on Twitter to refinance movie theater chain’s debt load
By Paul R. La Monica, CNN Business Movie theater chain AMC was a darling of the meme stock crowd in 2021, soaring nearly 1,200% last year thanks to…
Continue Reading Apple has become the world’s first $3 trillion company
By Paul R. La Monica, CNN Business Apple has reached yet another major milestone. The iPhone maker topped a market value of $3 trillion Monday —…
Continue Reading Mercedes says its electric concept has 620 miles of range and seats made with mushrooms
By Peter Valdes-Dapena, CNN Business Mercedes has unveiled a new all-electric concept car, the EQXX, that the company claims can go 620 miles on a…
Continue Reading Wall Street is getting greedy again
By Paul R. La Monica, CNN Business The calendar has flipped to 2022 but investors are still partying like it’s 2021. Stocks remained near…
Continue Reading 5 ways to nail a financial negotiation
By Jeanne Sahadi, CNN Business Having to negotiate for what you want can feel like getting a root canal. You’d rather not do it, but sometimes…
Continue Reading Starbucks unveils its new employee vaccine policy
By Jordan Valinsky, CNN Business To comply with the Biden administration’s upcoming vaccine mandate, Starbucks is requiring its workers to be…
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Little Caesars’ Hot-N-Ready pizza no longer costs $5
Not even Little Caesars is immune from price increases: The chain’s signature $5 Hot-N-Ready pizza now costs 11%…
Continue Reading Goldman Sachs tells employees to stay home due to Covid
By Matt Egan Goldman Sachs is joining a growing list of Wall Street firms advising employees to stay home due to soaring Covid cases. The bank sent a…
Continue Reading We can’t afford to let Build Back Better fail
Opinion by Mark Wolfe for CNN Business Perspectives The Build Back Better bill, the large social safety net and environmental spending bill being…
Continue Reading AT&T and Verizon won’t further delay 5G rollout amid a looming aviation impasse
By Brian Fung, CNN Business The nation’s biggest cellular carriers say they won’t further delay the rollout of 5G wireless service near…
Continue Reading Sweetgreen is selling a salad subscription
By Jordan Valinsky, CNN Business Sweetgreen is hoping to alleviate some of the pain of paying for its expensive salads with a new discount program.…
Continue Reading Disney needs a comeback year. Will it get it?
By Julia Horowitz, CNN Business Disney did not have a magical 2021. Even as Covid-19 vaccines allowed countries around the world to lift…
Continue Reading Little Caesars’ Hot-N-Ready pizza no longer costs $5
By Jordan Valinsky, CNN Business Not even Little Caesars is immune from price increases: The chain’s signature $5 Hot-N-Ready pizza now costs…
Continue Reading Wired’s top editor: Metaverse ‘feels like a terminological land grab’
By Kerry Flynn, CNN Business The word “metaverse” is popping up everywhere. Facebook recently changed its name to Meta Platforms. Nike…
Continue Reading Turkey’s inflation soars to 36%, setting a new record for Erdogan era
By Gul Tuysuz, CNN Turkey’s annual rate of inflation has hit a 19-year high as a currency collapse sends the cost of imports soaring. According…
Continue Reading Evergrande suspends trading of shares in Hong Kong
By Diksha Madhok, CNN Business Embattled Chinese property developer Evergrande suspended trading in Hong Kong on Monday as the heavily indebted…
Continue Reading What chip shortage? Tesla posts record fourth quarter and full year sales
By Chris Isidore, CNN Business Tesla bucked the industry-wide trend of reduced sales due to the shortage of computer chips and other parts, posting…
Continue Reading What chip shortage? Tesla posts record fourth quarter and full year sales
By Chris Isidore, CNN Business Tesla bucked the industry-wide trend of reduced sales due to the shortage of computer chips and other parts, posting…
Continue Reading One year later, reporters are still processing what happened on Jan. 6
By Ramishah Maruf, CNN Business One of the defining stories of this year was the Jan. 6 insurrection, and its significance is only growing from here,…
Continue Reading One year later, reporters are still processing what happened on Jan. 6
By Ramishah Maruf, CNN Business One of the defining stories of this year was the Jan. 6 insurrection, and its significance is only growing from here,…
Continue Reading Goldman Sachs tells employees to stay home due to Covid
By Matt Egan Goldman Sachs is joining a growing list of Wall Street firms advising employees to stay home due to soaring Covid cases. The bank sent a…
Continue Reading Independent Hong Kong news outlet Citizen News shuts down over safety fears
By Eric Cheung and Tara John, CNN Business The independent Hong Kong news site Citizen News said it will be shutting down on Tuesday, citing the…
Continue Reading Here’s what Elon Musk is likely to do with those billions of dollars in stock sales
By Chris Isidore, CNN Business What’s Elon Musk doing with the billions he’s collected in the past two months from selling shares in…
Continue Reading Tesla just opened a new showroom in China’s Xinjiang region
By Peter Valdes-Dapena, CNN Business Tesla has opened a new showroom in Xinjiang, a region in western China that is purported to be the site of abuse…
Continue Reading Can the stock market’s momentum continue into 2022?
By Julia Horowitz, CNN Business The stock market just wrapped up one of its best years on record. Can it repeat its stellar performance in 2022, even…
Continue Reading Can the stock market’s momentum continue into 2022?
By Julia Horowitz, CNN Business The stock market just wrapped up one of its best years on record. Can it repeat its stellar performance in 2022, even…
Continue Reading Holiday flight cancellations soar with Covid-19 disruptions and bad weather
By Gregory Wallace and Matt McFarland, CNN Business Thousands of US flights were canceled over New Year’s weekend as a combination of Covid-19…
Continue Reading Holiday flight cancellations hit new peak amid Covid, wintry weather
By Gregory Wallace and Matt McFarland, CNN Thousands of US flights were canceled on New Year’s Day as a combination of Covid-19 and wintry…
Continue Reading Holiday flight cancellations soar with Covid-19 disruptions and bad weather
By Gregory Wallace and Matt McFarland, CNN Business Thousands of US flights were canceled over New Year’s weekend as a combination of Covid-19…
Continue Reading Why prices will keep soaring in 2022
By Anneken Tappe, CNN Business America is finishing the year with decades-high inflation. That doesn’t bode well for 2022. Prices have climbed…
Continue Reading Need to hit a store on New Year’s Day? Here’s what’s open
By Parija Kavilanz, CNN Business It’s New Year’s Day, and many of us are probably staying cocooned in our homes, contemplating the year…
Continue Reading Spirit Airlines to double flight attendant pay through January 4
By Reuters Spirit Airlines flight attendants are receiving double pay on any work through January 4, their union said, as the budget carrier…
Continue Reading How Bob Iger celebrated his last day at Disney after nearly 50 years
By Clare Duffy, CNN Business Bob Iger, Disney’s former chief executive and long-time executive chairman, is officially ending his tenure Friday…
Continue Reading Cruise stocks fall after CDC says stay away
By Paul R. La Monica, CNN Business Cruise company stocks had been holding up remarkably well in December despite concerns about Covid outbreaks on…
Continue Reading FAA warns it may be forced to delay flights because of Covid
By Gregory Wallace, CNN Business The Federal Aviation Administration is warning more air travel headaches may be in store, even as airlines cancel…
Continue Reading Two of America’s biggest banks return to remote work to start 2022
By Matt Egan, CNN Business Omicron is messing with back-to-the-office plans for both JPMorgan Chase and Citigroup. Citing the spike in Covid-19…
Continue Reading Bernie Sanders: Pay your workers better. Warren Buffett: That’s not my job
By Chris Isidore, CNN Business Warren Buffett, the ninth-richest person on the planet, says it’s not up to him to settle a strike by 450…
Continue Reading Stocks surged in 2021, as Wall Street rolled its eyes at Covid
By Paul R. La Monica, CNN Business The year’s last day of trading was a relatively quiet one. Stocks ended the day slightly lower Friday. But…
Continue Reading Ikea is raising prices by 9% in 2022
Ikea said its customers will pay more when they shop at its stores in…
Continue Reading Ikea is raising prices by 9% in 2022
By Parija Kavilanz, CNN Business Ikea said its customers will pay more when they shop at its stores in 2022. Like many companies with tight profit…
Continue Reading The economy is booming. 5 reasons that could change in 2022
By Matt Egan, CNN Business The US economy is heading into 2022 with serious momentum. The recovery gained steam in the last few months, capping off…
Continue Reading China’s factories are still recovering, but Covid-19 pains linger
By Jill Disis, CNN Business Activity at China’s big factories continued to pick up this month even as the country battles stubborn Covid-19…
Continue Reading China’s factories are still recovering, but Covid-19 pains linger
By Jill Disis, CNN Business Activity at China’s big factories continued to pick up this month even as the country battles stubborn Covid-19…
Continue Reading Hong Kong’s flagship airline says strict new quarantine rules could cause ‘dramatic’ supply chain disruptions
By Hannah Ritchie, Teele Rebane and Eric Cheung, CNN Business Hong Kong’s flagship airline warned Friday that strict new quarantine measures in…
Continue Reading High-end Champagne shortage could ruin your New Year’s Eve
By Parija Kavilanz, CNN Business Enough already! Can we call it a wrap on 2021? As if this year hasn’t been challenging enough, it’s…
Continue Reading Airline cancellations could get worse this weekend
By Gregory Wallace, CNN Business Airline cancellations are surging Thursday for a seventh straight day and threaten to throw off weekend flights home…
Continue Reading UK bank mistakenly pays out $175 million on Christmas Day
By Jack Guy, CNN UK bank Santander got into the Christmas spirit this year by paying out a total of £130 million ($175 million) to customers by…
Continue Reading A key unemployment measure hasn’t been this low in 52 years
By Anneken Tappe, CNN Business America’s latest report on unemployment benefits is proof that the US jobs recovery is still in full-swing. The…
Continue Reading The biggest news story of 2021? Our imperiled democracy
Opinion by Bill Carter for CNN Business Perspectives ‘Tis the season; but there aren’t many reasons to be jolly. The pandemic is back,…
Continue Reading Queen Mary 2 ocean liner won’t return to New York after dropping off 10 Covid-positive passengers
By Taylor Romine and Naomi Thomas, CNN Business The cruise liner Queen Mary 2 will not make its planned return to the Big Apple after a Covid…
Continue Reading Cruise stocks fall after CDC says stay away
By Paul R. La Monica, CNN Business Cruise company stocks had been holding up remarkably well in December despite concerns about Covid outbreaks on…
Continue Reading JetBlue is canceling 1,280 flights as Omicron cases surge
By Jordan Valinsky, CNN Business JetBlue Airways is reducing its schedule by about 1,280 flights from Thursday through January 13 because a growing…
Continue Reading Hong Kong authorities insist newsroom raids and arrests have ‘nothing to do with media work’
By Jessie Yeung, CNN Business Hong Kong authorities are defending the arrests of seven people linked to a pro-democracy publication in the face of…
Continue Reading SenseTime rallies in Hong Kong trading debut after delay forced by US sanctions
By Jill Disis, CNN Business SenseTime rallied in its Hong Kong debut Thursday, as it tried to move past a politically-fraught month that forced the…
Continue Reading As Omicron spreads in India, mass gatherings spark fears of another wave
By Jessie Yeung, Esha Mitra and Arpit Goel, CNN Doctors in India are bracing for a potential third wave driven by the highly contagious Omicron…
Continue Reading Dow notches its first record in nearly two months as Santa Claus rally continues
By Anneken Tappe, CNN Business Stocks set new records on Wednesday, as both the Dow and the S&P 500 finished at all-time highs. Although the…
Continue Reading Dow notches its first record in nearly two months as Santa Claus rally continues
By Anneken Tappe, CNN Business Stocks set new records on Wednesday, as both the Dow and the S&P 500 finished at all-time highs. Although the…
Continue Reading Amazon’s Alexa tells 10-year-old child to touch penny to exposed plug socket
By Sana Noor Haq, CNN Amazon’s Alexa has been developed over the years to offer ever-improving access to information and knowledge. However,…
Continue Reading Holiday returns will cost retailers 59% more than last year
by Kwegyirba Croffie, CNN As Americans bring back unwanted holiday gifts, those returns will cost retailers upwards of 50% more than they did last…
Continue Reading Amazon’s Alexa tells 10-year-old child to touch penny to exposed plug socket
By Sana Noor Haq, CNN Amazon’s Alexa has been developed over the years to offer ever-improving access to information and knowledge. However,…
Continue Reading Elon Musk owes $11 billion in taxes after wrapping up his Tesla stock sales
By Chris Isidore, CNN Business Elon Musk appears to have wrapped up a busy year of trading his Tesla shares Tuesday. He’ll end up with one of…
Continue Reading 5 ways to nail a financial negotiation
By Jeanne Sahadi, CNN Business Having to negotiate for what you want can feel like getting a root canal. You’d rather not do it, but sometimes…
Continue Reading Looking for a financial New Year’s resolution? These ideas may help
By Jeanne Sahadi, CNN Business The recent surge in Omicron cases may have put a halt to many of your holiday plans. But it also may give you extra…
Continue Reading America runs on bad jobs
By Anneken Tappe, CNN Business The pandemic has been a wake-up call for America’s job market. After decades of relying on low-paying services…
Continue Reading Another Hong Kong pro-democracy news outlet shuts down after a police raid and arrests
By Wayne Chang, Nectar Gan, Jadyn Sham and Teele Rebane, CNN Business Hong Kong pro-democracy media outlet Stand News has shut down after national…
Continue Reading Home prices jumped 19.1% in October from a year earlier
By Anna Bahney, CNN Business Home prices saw double-digit price growth yet again in October, according to the S&P CoreLogic Case-Shiller…
Continue Reading Omicron is messing with the economic recovery
By Matt Egan, CNN Business Thousands of flights canceled. Back-to-the-office plans shelved. College football bowl games and Broadway shows called…
Continue Reading Quick! Costco has restocked the Xbox Series X
By Parija Kavilanz, CNN Business Act fast, Costco members! The retailer has the hard-to-score Xbox Series X gaming console back in stock and…
Continue Reading Spider-Man defeated Omicron. Next, it’s Batman’s turn
By Brian Lowry, CNN Business Spider-Man has triumphed against tough box-office odds and the Omicron variant. As theaters and Hollywood get ready to…
Continue Reading Spider-Man defeated Omicron. Next, it’s Batman’s turn
By Brian Lowry, CNN Business Spider-Man has triumphed against tough box-office odds and the Omicron variant. As theaters and Hollywood get ready to…
Continue Reading Every DoorDash employee, from engineers to CEO, will make deliveries
By Parija Kavilanz, CNN Business DoorDash is asking its employees, all the way up the ranks to its CEO, to again make a delivery at least once a…
Continue Reading HR executives share some of the biggest challenges of 2021
By Kathryn Vasel, CNN Business As the pandemic persisted throughout 2021, so did the challenges that companies faced. Many corporate leaders and…
Continue Reading Delta turned flight around mid-air, saying China’s new Covid cleaning rules are unworkable
By Jordan Valinsky, CNN Business A Delta Air Lines flight originating in Seattle and heading to Shanghai last week turned around midair because of a…
Continue Reading 2021: When infrastructure got its due
By Matt McFarland, CNN Business Following decades of talk about failing infrastructure, the country finally took a major step toward repairing it in…
Continue Reading $4 gas could be here by Memorial Day, GasBuddy predicts
By Matt Egan, CNN Business Pain at the pump will get worse before it gets better. That’s according to a new GasBuddy forecast that predicts the…
Continue Reading Travel nightmare continues: Another 2,800 flights canceled Tuesday
By Chris Liakos and Sonnet Swire, CNN Business Thousands of flights have been canceled over the past several days as Covid cases surge across the…
Continue Reading Goldman Sachs plans to require Covid boosters, mandate twice weekly testing
By Matt Egan Goldman Sachs told employees Monday that all individuals coming into the bank’s US offices will be required to show proof of a…
Continue Reading Travel nightmare continues: Another 2,800 flights canceled Tuesday
By Chris Liakos and Sonnet Swire, CNN Business Thousands of flights have been canceled over the past several days as Covid cases surge across the…
Continue Reading Amid Covid surge, New York City subway forced to cut back service
By Jennifer Korn The Metropolitan Transportation Authority, which is responsible for managing the New York City region’s public transit,…
Continue Reading The housing market was on a wild ride this year. Here’s what to expect in 2022
By Anna Bahney, CNN Business The US housing market has had a white hot year. Home sales are on track to reach the highest level in 15 years, with an…
Continue Reading The 3 reasons travel ground to a halt this Christmas
By Jordan Valinsky, CNN Business Over the Christmas weekend, flying was a miserable experience for millions of travelers, as airlines canceled or…
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