Sheryl Sandberg to step down as COO of Facebook-parent Meta
By Brian Fung and Rishi Iyengar, CNN Business Sheryl Sandberg is stepping down as chief operating officer of Facebook-parent Meta, the company…
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John Madden appears on first ‘Madden’ cover since 2000 in tribute to late coach
By Frank Pallotta, CNN Business The cover of “Madden” has always held a special place in the world of video games and sports, but this…
Continue Reading Why you’re going to hate traveling this summer
By Chris Isidore, CNN Business Canceled flights, surging airfares, a rental car shortage, record gas prices and rising hotel prices. Welcome to the…
Continue Reading Report: Sales of internal combustion vehicles now in “permanent decline”
By Peter Valdes-Dapena, CNN Business Sales of non-plug-in internal combustion-powered vehicles peaked in 2017, according to a report by industry…
Continue Reading Report: Sales of internal combustion vehicles now in “permanent decline”
By Peter Valdes-Dapena, CNN Business Sales of non-plug-in internal combustion-powered vehicles peaked in 2017, according to a report by industry…
Continue Reading Inflation worries are real but this isn’t the 1970s
By Paul R. La Monica, CNN Business Inflation jitters are at a fever pitch, and some investing experts and economists are making comparisons to the…
Continue Reading Brace yourselves for an economic ‘hurricane,’ Jamie Dimon says
By Paul R. La Monica, CNN Business Jamie Dimon is no meteorologist, but the JPMorgan Chase CEO is predicting an economic “hurricane”…
Continue Reading ‘Ellen’ is over. Who will be the next queen of daytime TV?
By Frank Pallotta, CNN Business Ellen DeGeneres left her longtime talk show last week with tears in her eyes, a lineup of special guests and a huge…
Continue Reading ‘Ellen’ is over. Who will be the next queen of daytime TV?
By Frank Pallotta, CNN Business Ellen DeGeneres left her longtime talk show last week with tears in her eyes, a lineup of special guests and a huge…
Continue Reading Inflation worries are real but this isn’t the 1970s
By Paul R. La Monica, CNN Business Inflation jitters are at a fever pitch, and some investing experts and economists are making comparisons to the…
Continue Reading
Inflation worries are real but this isn’t the 1970s
By Paul R. La Monica, CNN Business Inflation jitters are at a fever pitch, and some investing experts and economists are making comparisons to the…
Continue Reading It’s so hard to find workers that employers have essentially stopped firing people
By Chris Isidore, CNN Business The number of workers being fired or laid off has hit the lowest point on record, the Labor Department reported…
Continue Reading California drought could cut state’s hydropower in half this summer
by Matt Egan, CNN The severe drought in California threatens to significantly undermine the state’s ability to generate hydroelectric power,…
Continue Reading Why you’re going to hate traveling this summer
By Chris Isidore, CNN Business Canceled flights, surging airfares, a rental car shortage, record gas prices and rising hotel prices. Welcome to the…
Continue Reading Instagram launches Amber Alerts to notify users of missing children in their area
By Catherine Thorbecke, CNN Business Instagram on Wednesday began rolling out an Amber Alert feature on its platform to notify users of missing…
Continue Reading Why US gas prices are at a record, and why they’ll stay high for a long time
By Chris Isidore, CNN Business Russia’s invasion of Ukraine is a major reason that US drivers are paying record prices for gasoline. But…
Continue Reading The next holy grail for EVs: Batteries free of nickel and cobalt
By Matt McFarland, CNN Business Twenty-one years ago, Bart Riley and co-founders bet their short-lived company, A123 Systems, on batteries free of…
Continue Reading Elon Musk tells Tesla employees: Return to the office, or else
By Chris Isidore, CNN Business Elon Musk is demanding that Tesla office workers return to in-person work or leave the company. The policy, disclosed…
Continue Reading Opinion: How streaming can avoid the same fate as cable TV
Opinion by Bill Carter for CNN Business Perspectives Streaming networks were the center of attention last month when the television industry — or,…
Continue Reading Why Russia isn’t hurting even as it cuts off Europe’s gas
By Anna Cooban, CNN Business Russia’s increasingly aggressive actions against its European gas customers are taking a toll. The country’s…
Continue Reading Target is ramping up discounts. Here’s why
By Nathaniel Meyersohn, CNN Business Target is stuck with too much home decor and too many TVs. To clear out the glut, it will ramp up discounts. The…
Continue Reading Amazon sharply criticizes looming antitrust bill in Congress
By Brian Fung, CNN Amazon has sharply criticized a looming antitrust bill in Congress that it says unfairly targets the company and could degrade its…
Continue Reading Why the average gas price is at $4.99 a gallon and how high it’ll go
By Chris Isidore, CNN Business Next stop, $5. The US average for the price of a gallon of regular gas hit $4.99 according to the most recent reading…
Continue Reading US gas prices jump to record high $4.67 a gallon
By Matt Egan, CNN Business Gas prices just took another big step in the wrong direction. The national average for regular gasoline climbed by five…
Continue Reading From Elon Musk to the Feds, ‘sustainable’ investments are under fire
By Julia Horowitz, CNN Business Investors have been increasingly eager in recent years to deploy their money in a way that supports sustainability…
Continue Reading From Elon Musk to the Feds, ‘sustainable’ investments are under fire
By Julia Horowitz, CNN Business Investors have been increasingly eager in recent years to deploy their money in a way that supports sustainability…
Continue Reading Chances are fairly high that you’re investing in a gun retailer. Here’s how to tell
By Nicole Goodkind, CNN Business The recent string of deadly shootings may send investors searching their portfolios to determine if they have…
Continue Reading Starbucks is reopening in Shanghai
By Danielle Wiener-Bronner, CNN Business Starbucks is reopening in Shanghai, a sign of hope as the city slowly emerges from its strict Covid…
Continue Reading Judge denies Sarah Palin’s bid for new libel trial against New York Times
By Melissa Alonso and Andy Rose, CNN A judge has denied former vice-presidential nominee and Alaskan governor Sarah Palin’s bid for a new trial…
Continue Reading Airlines, travel industry push White House to end testing requirements
By Gregory Wallace and Pete Muntean, CNN White House officials met Tuesday with travel industry leaders who pressed the Biden administration to end…
Continue Reading Supreme Court temporarily blocks Texas’s social media moderation law
By Brian Fung and Ariane de Vogue, CNN The Supreme Court of the United States temporarily blocked a sweeping Texas law on Tuesday that restricts the…
Continue Reading Supreme Court temporarily blocks Texas’s social media moderation law
By Brian Fung and Ariane de Vogue, CNN The Supreme Court of the United States temporarily blocked a sweeping Texas law on Tuesday that restricts the…
Continue Reading ‘Stranger Things 4’ breaks Netflix records
By Frank Pallotta, CNN Business Netflix’s world may be upside-down, but “Stranger Things” is still super popular. The latest season…
Continue Reading Summer 2022 preview: What to look forward to in media and entertainment
By Brian Stelter, CNN Business Will June’s public hearings by the January 6 committee, some in prime time, shock viewers and sway public…
Continue Reading How this 154-year-old company became one of the biggest players in cannabis
By Alicia Wallace, CNN Business The US cannabis industry is flush with fledgling companies and many unfamiliar brands. In that mix, however, is a…
Continue Reading Russia is about to shut off some of Germany’s gas
By Anna Cooban, CNN Business Russia is about to shut off its natural gas supplies to Shell’s German customers. Gazprom, the Russian state…
Continue Reading The stock market ‘casino’ is closed
By Paul R. La Monica, CNN Business Investors have learned a bunch of hard lessons so far in 2022. The stock market doesn’t always go up. And…
Continue Reading How to beat the market: Go ask a robot
By Allison Morrow, CNN Business The machines are officially winning. Investors who’ve relied on a standard 60/40 portfolio this year have taken…
Continue Reading ‘Top Gun: Maverick’ jets to new box office record
By Frank Pallotta, CNN Business “Top Gun: Maverick” took off at the box office this weekend — setting a new record in the process. The…
Continue Reading Home prices rose by more than 20% year-over-year in March
By Anna Bahney, CNN Business US home prices continued to surge higher in March, as buyers raced to lock in homes before the average mortgage rate hit…
Continue Reading Consumers are feeling less confident about the economy, but they’re still spending
By Alicia Wallace, CNN Business Inflation may be showing signs that it’s easing, but the high-cost environment still has American consumers…
Continue Reading About 100 Sears Hometown stores are closing
By Jordan Valinsky, CNN Business Roughly 100 Sears Hometown locations are permanently closing in the coming weeks, representing roughly half of its…
Continue Reading A corporate raider is coming after Hellmann’s and Dove
By Nathaniel Meyersohn, CNN Business A shakeup may be in the works at Unilever, the consumer goods giant behind brands like Dove soap,…
Continue Reading ‘Top Gun: Maverick’ jets to new box office record
By Frank Pallotta, CNN Business “Top Gun: Maverick” took off at the box office this weekend — setting a new record in the process. The…
Continue Reading India shows no sign of slowing its purchase of Russian oil
By Diksha Madhok, CNN Business India’s appetite for cheap Russian oil is swelling, even as the West continues to hit Moscow with unprecedented…
Continue Reading Biden to discuss inflation crisis with Fed Chair Powell on Tuesday
By Matt Egan, CNN President Joe Biden plans to discuss high inflation in a meeting on Tuesday with Federal Reserve Chairman Jerome Powell, a White…
Continue Reading EU agrees on partial ban of Russian oil imports
By Niamh Kennedy, CNN The European Union has agreed on a partial ban on Russian oil imports, according to European Council chief Charles Michel.…
Continue Reading Russia could cut off Denmark and the Netherlands’ natural gas
By Anna Cooban, CNN Business Denmark and the Netherlands could become the latest European countries to have their deliveries of Russia’s…
Continue Reading French journalist Frederic Leclerc-Imhoff killed in Ukraine
By Jack Guy, Pierre Bairin and Dalal Mawad, CNN A French journalist has been shot and killed in Ukraine, according to French President Emmanuel…
Continue Reading The ‘Great Reshuffling’ played a big part in pushing home prices higher
By Anna Bahney, CNN Business The pandemic changed the way people lived and, for many, where they lived. Working from home was a significant driver of…
Continue Reading Gas prices hit yet another record high
By Matt Egan, CNN Millions of Americans traveling this holiday weekend are being greeted by unprecedented prices at the gas pump. The national…
Continue Reading Soon you’ll be able to buy solar panels at Ikea
By Zoe Sottile, CNN Starting this fall, shoppers will be able to buy solar panels at Ikea, alongside the Swedish retailer’s flat-pack furniture…
Continue Reading Here’s what’s open and closed on Memorial Day 2022
By Ramishah Maruf, CNN Many businesses, government offices and schools will be closed on Monday, May 30 because of Memorial Day — a federal holiday…
Continue Reading European unity against Russia tested as talks on oil embargo drag on
By Anna Cooban and James Frater, CNN Business Europe’s united front against Moscow is being put to the test as countries struggle to agree a…
Continue Reading European unity against Russia tested as talks on oil embargo drag on
By Anna Cooban and James Frater, CNN Business Europe’s united front against Moscow is being put to the test as countries struggle to agree a…
Continue Reading Shanghai aims for business as usual but hurdles remain
By Michelle Toh, CNN Business China’s richest and most international city is trying to return to business as usual after a two-month lockdown,…
Continue Reading ‘They should know the cost:’ Would graphic images change the gun rights debate?
By Ramishah Maruf, CNN There’s a growing debate among journalists over how to report on the victims of mass shootings. Some argue that if…
Continue Reading ‘They should know the cost:’ Would graphic images change the gun rights debate?
By Ramishah Maruf, CNN There’s a growing debate among journalists over how to report on the victims of mass shootings. Some argue that if…
Continue Reading ‘Top Gun: Maverick’ soars to a big opening at the box office
By Frank Pallotta, CNN Business “Top Gun: Maverick” felt the need for speed at the box office this weekend. The sequel to the 1986…
Continue Reading Forget FAANG, it’s all about LVMH
By Nicole Goodkind, CNN Business To most investors, navigating today’s stock market is as treacherous as walking the plank. But for luxury…
Continue Reading Rivian executive in charge of manufacturing engineering quits in management shakeup
By Reuters Rivian Automotive said on Friday Charly Mwangi, who helped kick-start the electric-vehicle maker’s manufacturing process, will leave…
Continue Reading Hundreds more flights canceled Monday, disrupting the holiday weekend
By Ramishah Maruf, CNN It’s another chaotic holiday weekend for those traveling by air this Memorial Day. Upwards of 6,000 global flights have…
Continue Reading Hundreds more flights canceled Monday, disrupting the holiday weekend
By Ramishah Maruf, CNN It’s another chaotic holiday weekend for those traveling by air this Memorial Day. Upwards of 6,000 global flights have…
Continue Reading Epcot needed a revamp. Marvel’s Guardians of the Galaxy are here to save the day
By Frank Pallotta, CNN Business Disney World is the crown jewel of the company’s Parks business, but even crown jewels need to be gussied up…
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12 times taxpayers footed big bills for new stadiums and arenas
Think inflation is hitting you hard? The price of new sports venues is through the (retractable) roof—and Stacker found that we, the public, are…
Continue Reading ‘Top Gun: Maverick’ is about to give Tom Cruise his biggest opening ever
By Frank Pallotta, CNN Business Tom Cruise, one of the top movie stars in Hollywood, is about to have the biggest opening weekend of his career.…
Continue Reading The Fed’s favorite inflation measure fell in April, but prices are still uncomfortably high
By Anneken Tappe, CNN Business Another key tracker of consumer prices took a breather in April, following in the footsteps of inflation indexes…
Continue Reading Elon Musk says it’s ‘dumb’ to call billionaires the bad guys
By Ramishah Maruf, CNN Business Elon Musk, the world’s richest man, said on Twitter Thursday that billionaires aren’t the bad guys. Musk…
Continue Reading Texas newspaper editor says ‘urgent questions’ about Uvalde massacre have not been answered
By Brian Stelter, CNN Business A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free…
Continue Reading Elon Musk faced SEC questions over his timing in disclosing Twitter stake
By Clare Duffy, CNN Business Elon Musk has faced questions from the US Securities and Exchange Commission about how and when he disclosed his large…
Continue Reading CEOs are silent on guns. They must speak up in a ‘loud chorus’, Yale’s Jeff Sonnenfeld says
By Matt Egan, CNN Business Corporate America has said very little following this week’s Texas school shooting that left 21 people dead. Yale…
Continue Reading Stores have too much stuff. Get ready for discounts
By Nathaniel Meyersohn, CNN Business Some welcome news for shoppers getting squeezed by inflation: promotions on televisions, furniture, clothing,…
Continue Reading ‘Top Gun: Maverick’ jets to new box office record
By Frank Pallotta, CNN Business “Top Gun: Maverick” took off at the box office this weekend — setting a new record in the process. The…
Continue Reading Memorial Day gas prices hit 10-year high adjusted for inflation
By Matt Egan, CNN Business Gas prices are painfully high this Memorial Day weekend as millions of Americans hit the road for the unofficial start of…
Continue Reading ‘This is not the retirement I envisioned.’ How retirees are getting hit by inflation
By Jeanne Sahadi, CNN Business Managing one’s finances in retirement is always tricky. But with inflation pushing up the price of everything…
Continue Reading Windfall taxes are popular. But they come with risks
By Allison Morrow, CNN Business There’s little political risk in taxing hugely profitable oil companies to help consumers pay their exorbitant…
Continue Reading The Fed’s favorite inflation measure fell in April, but prices are still uncomfortably high
By Anneken Tappe, CNN Business Another key tracker of consumer prices took a breather in April, following in the footsteps of inflation indexes…
Continue Reading The maker of a gun used in the Texas shooting pulls out of the NRA convention
By David Goldman, CNN Business The manufacturer of a firearm used in the Robb Elementary School shooting said it will not attend the National Rifle…
Continue Reading The maker of a gun used in the Texas shooting pulls out of the NRA convention
By David Goldman, CNN Business The manufacturer of a firearm used in the Robb Elementary School shooting said it will not attend the National Rifle…
Continue Reading Paris Hilton wants to be the ‘Queen of the Metaverse’
By Samantha Murphy Kelly, CNN Business A fuschia Bentley drives down a twisty desert road toward the entrance of the Neon Carnival, an after-party…
Continue Reading Paris Hilton wants to be the ‘Queen of the Metaverse’
By Samantha Murphy Kelly, CNN Business A fuschia Bentley drives down a twisty desert road toward the entrance of the Neon Carnival, an after-party…
Continue Reading G7 commits to decarbonizing electricity by 2035 but leaves wiggle room for fossil fuels
By Angela Dewan, CNN The G7, which represents the world’s biggest advanced economies, agreed on Friday to achieve “predominantly…
Continue Reading Taxing the rich could help fix the food crisis. Davos didn’t want to know
By Julia Horowitz, CNN Business Wealth taxes are never a popular rallying cry at Davos, a playground for billionaires, corporate titans and top…
Continue Reading Taxing the rich could help fix the food crisis. Davos didn’t want to know
By Julia Horowitz, CNN Business Wealth taxes are never a popular rallying cry at Davos, a playground for billionaires, corporate titans and top…
Continue Reading US and Taiwan could begin talks on closer economic ties ‘in a few weeks’
By Eric Cheung and Wayne Chang, CNN Taiwan and the United States could begin talks to deepen trade and economic ties “in a few weeks,”…
Continue Reading US and Taiwan could begin talks on closer economic ties ‘in a few weeks’
By Eric Cheung and Wayne Chang, CNN Taiwan and the United States could begin talks to deepen trade and economic ties “in a few weeks,”…
Continue Reading Texas newspaper editor says ‘urgent questions’ about Uvalde massacre have not been answered
By Brian Stelter, CNN Business A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free…
Continue Reading Texas newspaper editor says ‘urgent questions’ about Uvalde massacre have not been answered
By Brian Stelter, CNN Business A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free…
Continue Reading CEOs are silent on guns. They must speak up in a ‘loud chorus’, Yale’s Jeff Sonnenfeld says
By Matt Egan, CNN Business Corporate America has said very little following this week’s Texas school shooting that left 21 people dead. Yale…
Continue Reading First on CNN: Goldman Sachs CEO speaks out on gun violence
By Matt Egan, CNN Goldman Sachs CEO David Solomon is calling on politicians to act following a spate of shootings in the United States. “All of…
Continue Reading PR stunt or show of strength? Russia slashes interest rates
By Mark Thompson and Clare Sebastian, CNN Business Russia slashed interest rates on Thursday as a resurgent ruble — buoyed by robust oil and gas…
Continue Reading Instacart: Baby formula searches surging as store shelves remain empty
By Parija Kavilanz, CNN Business Instacart said searches for baby formula hit a record high in mid-May but the on-demand grocery delivery site is…
Continue Reading Instacart: Baby formula searches surging as store shelves remain empty
By Parija Kavilanz, CNN Business Instacart said searches for baby formula hit a record high in mid-May but the on-demand grocery delivery site is…
Continue Reading Opinion: It’s time to prepare for a recession
Opinion by Lakshman Achuthan and Anirvan Banerji for CNN Business Perspectives The economy is close to entering a recession, perhaps as soon as this…
Continue Reading Russia could cut off Denmark and the Netherlands’ natural gas
By Anna Cooban, CNN Business Denmark and the Netherlands could become the latest European countries to have their deliveries of Russia’s…
Continue Reading Justin Timberlake sells his entire music catalog
By Jennifer Korn, CNN Business Justin Timberlake sold his entire song catalog to a Blackstone-backed management company, joining a wave of recent…
Continue Reading Prices on almost everything at the grocery store are up – except rotisserie chicken. Here’s why
By Nathaniel Meyersohn, CNN Business At the grocery store, shoppers have seen food prices increase at their fastest pace in decades. Yet the price of…
Continue Reading Which Tom Cruise film has made the most at the ticket booth?
By Frank Pallotta, CNN Business Tom Cruise is one of the most popular movie stars in Hollywood history. The actor has had a 40 year career of hits…
Continue Reading Mortgage rates fall slightly, but offer little relief to buyers
By Anna Bahney, CNN Business Mortgage rates fell for a second consecutive week, but still remain above 5%. The 30-year, fixed-rate mortgage averaged…
Continue Reading ‘I wouldn’t trust them.’ Energy Secretary blasts Russia for ‘weaponizing’ energy
By Matt Egan, CNN Business Russia has spent the past half-century attempting to build a reputation on the world stage as a reliable supplier of…
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