Robinhood raises less than it had hoped in IPO
By Matt Egan, CNN Business Robinhood’s highly-anticipated debut on Wall Street is getting off to a rough start. The fast-growing trading…
Continue ReadingBy Matt Egan, CNN Business Robinhood’s highly-anticipated debut on Wall Street is getting off to a rough start. The fast-growing trading…
Continue ReadingBy Alexis Benveniste, CNN Business Corporate America is getting serious about vaccines. In the last week, companies from Disney to Walmart to Google…
Continue ReadingBy Chris Isidore, CNN Business Ford overcame the effects of the chip shortage to post a narrow profit in the second quarter, and said it expects much…
Continue ReadingBy Clare Duffy, CNN Business Facebook’s business is soaring, but the boom times may not last. Facebook on Wednesday reported revenue of nearly…
Continue ReadingBy Parija Kavilanz, CNN Business You can now add toys to the growing list of products that global supply chain woes have made more expensive to…
Continue ReadingThe Federal Reserve is confident that inflation will go down and left interest rates and monetary policy unchanged due to the incomplete economic…
Continue ReadingBy Nathaniel Meyersohn, CNN Business Stores are re-evaluating their mask policies after the US Centers for Disease Control and Prevention updated…
Continue ReadingBy Clare Duffy, CNN Business Google and Facebook on Wednesday became two of the first major Silicon Valley firms to say they will require employees…
Continue ReadingMattel CEO Ynon Kreiz breaks down the toy giant’s strong second quarter earnings and why he believes it will continue to thrive for the rest of the…
Continue ReadingBy Anneken Tappe, CNN Business The Federal Reserve left interest rates and monetary policy unchanged on Wednesday, pointing to the nation’s as…
Continue ReadingBy Jeanne Sahadi, CNN Business Most employers have not outright mandated Covid vaccines as a condition of employment for their current staff ……
Continue ReadingBy Chauncey Alcorn, CNN Business Simone Biles’ sponsors offered statements of support Wednesday following her decision to pull out of…
Continue ReadingCNN’s Brianna Keilar responds to critics of Simone Biles after the Olympic gymnast withdrew from the individual all-round competition at the Tokyo…
Continue ReadingOpinion by Rosabeth Moss Kanter for CNN Business Perspectives As the economy continues to reopen, labor market turbulence is on the rise. Workers are…
Continue ReadingBy Moira Ritter, CNN Business New car inventories, strained for months by a global semiconductor shortage and supply chain disruptions, aren’t…
Continue ReadingWalmart is expanding its academic program to pay the full college tuition and book costs for its US workers at 10 partner…
Continue ReadingBy Peter Valdes-Dapena, CNN Business Pat Shozo has been trying to buy a used car for his son who’s going to attend college in the fall. But…
Continue ReadingBy Alexis Benveniste, CNN Business Restaurant menus got a makeover thanks to Covid: Now, placing your order means simply whipping out your phone and…
Continue ReadingBy Chauncey Alcorn, CNN Business A Black women’s advocacy group filed a lawsuit Tuesday accusing Johnson & Johnson of selectively…
Continue ReadingBy Hanna Ziady, CNN Business Porsche SE, the family holding company that controls Volkswagen Group, is the latest big investor to bet on…
Continue ReadingRegulators are investigating the fact that Robinhood CEO Vlad Tenev is not licensed by FINRA. CNN’s Matt Egan…
Continue ReadingBy Anneken Tappe, CNN Business America’s economy isn’t back to normal yet, and much of the recovery depends on consumers: how much…
Continue ReadingBy Clare Duffy, CNN Business On any given day, you might receive a package you ordered from Amazon, log onto a website hosted by Amazon, ask an…
Continue ReadingBy Diksha Madhok, CNN Business US lawmakers are piling pressure on major American corporate sponsors of the 2022 Winter Olympics in Beijing as…
Continue ReadingBy Chris Isidore, CNN Business Boeing returned to profitability in the second quarter, posting net income for the first time since the start of the…
Continue ReadingBy Julia Horowitz, CNN Business A rapid shift to digitization due to Covid-19 has handsomely benefited the world’s biggest tech companies. Yet…
Continue ReadingBy Danielle Wiener-Bronner, CNN Business McDonald’s celebrity meal strategy and revamped chicken sandwich lineup is working. Sales at US stores…
Continue ReadingBy Matt Egan, CNN Business The White House and the Federal Reserve broadly agree: Inflation isn’t here to stay. Red-hot prices will cool off as…
Continue ReadingBy Michelle Toh, CNN Business Chinese state media is urging investors to stay calm following a brutal stock market sell-off this week that has wiped…
Continue ReadingBy Rishi Iyengar, CNN Business Activision Blizzard’s CEO Bobby Kotick admitted that the gaming company’s response to a California…
Continue ReadingNowhere is the gaming industry growing faster than the Middle East, and Dubai-based PLG is producing gaming tournaments, talk shows and livestreams…
Continue ReadingCNN’s Brian Stelter takes a look at how One America News and other conservative outlets covered the January 6th hearing on the attack at the…
Continue ReadingBy Matt Egan, CNN Business Regulators are investigating the fact that Robinhood CEO Vlad Tenev is not licensed by FINRA, Wall Street’s powerful…
Continue ReadingBy Clare Duffy, CNN Business More than 14 years after they were first introduced, iPhones are still very much in demand. Apple on Tuesday announced a…
Continue ReadingIn an interview with Bill O’Reilly, former President Donald Trump said he would sit for a deposition in his lawsuit against Facebook, Twitter and…
Continue ReadingBy Rishi Iyengar, CNN Business This time last year, Google was starting to feel the early pandemic slump as large parts of the global economy shut…
Continue ReadingIn an exclusive interview with CNN’s Richard Quest, IMF Managing Director Kristalina Georgieva discusses how vaccine inequality is widening the gap…
Continue ReadingBy Brian Stelter, CNN Business While viewers of other TV channels heard House Democrats denouncing the “whitewashing” of the January 6…
Continue ReadingCapitol Officer Michael Fanone describes the danger he encountered at the hands of the Pro-Trump mob that breached the US Capitol on January 6 during…
Continue ReadingBy Moira Ritter, CNN Business The United States has sold the only physical copy ever made of the Wu-Tang Clan album “Once Upon a Time in…
Continue ReadingBy Clare Duffy, CNN Business Facebook on Tuesday announced it is temporarily pausing sales of its Oculus Quest 2 virtual reality headsets and…
Continue ReadingIn his first TV interview since leaving Facebook, former vice president of partnerships strategy Brian Boland reacts to President Biden’s statement…
Continue ReadingBy Samantha Murphy Kelly, CNN Business Facebook on Tuesday reaffirmed its intention to build an Instagram for kids under 13, despite pressure from…
Continue ReadingUS Surgeon General Dr. Vivek Murthy says social media companies have taken positive steps against the sharing of health misinformation but that “it’s…
Continue ReadingBy Chris Isidore, CNN Business The last time Tesla reported quarterly earnings this far above Wall Street expectations, in October of 2019, it…
Continue ReadingBy Nathaniel Meyersohn, CNN Business Walmart will pay for full college tuition and book costs at some schools for its US workers, the latest effort…
Continue ReadingOpinion by Mark Zandi for CNN Business Perspectives Long-dormant inflation has suddenly come back to life, putting a heavy financial weight on…
Continue ReadingBy Chris Isidore and Gregory Wallace, CNN Business The seats are full on most planes, but in some cases, the fuel tanks are not. At several western…
Continue ReadingBy Alicia Wallace, CNN Business Job growth is outpacing economists’ expectations, and there’s still a long way — and 6.8 million…
Continue ReadingBy Paul R. La Monica, CNN Business Back in March, people were freaking out about rising long-term interest rates and inflation fears. But now the…
Continue ReadingBy Jordan Valinsky, CNN Business The labels on Campbell’s soup cans are getting their first redesign in about 50 years. Eagled-eyed customers…
Continue ReadingBy Julia Horowitz, CNN Business The economic outlook for rich countries is getting better while developing economies are falling behind. That’s…
Continue ReadingJeff Bezos is offering NASA up to $2 billion in a bid to reignite the battle for space between his rocket company Blue Origin and Elon Musk’s SpaceX.…
Continue ReadingBy Julia Horowitz, CNN Business Tesla is making strides in its transformation from scrappy upstart to mature carmaker. And it has the numbers to…
Continue ReadingBy Matt Egan, CNN Business Home prices are climbing at the fastest pace in history, eclipsing even the boom in the days leading up to the Great…
Continue ReadingBy Diksha Madhok, CNN Business Jeff Bezos wants to spot NASA up to $2 billion in a bid to reignite the battle for space between his rocket company…
Continue ReadingBy Eric Cheung and Hanna Ziady, CNN Business WeChat is suspending all new user registrations until early August, the popular social messaging app…
Continue ReadingBy Michelle Toh, CNN Business Chinese tech stocks keep getting slammed with a stunningly massive sell-off that has wiped out hundreds of billions of…
Continue ReadingAllianz Chief Economic Adviser Mohamed El-Erian discusses China’s regulatory crackdown on private education…
Continue ReadingDuring a CNN town hall, President Joe Biden said he is confident the Senate will vote to move forward with a bipartisan infrastructure…
Continue ReadingBy Matt Egan, CNN Business Dozens of business leaders, including the CEOs of BlackRock, United Airlines and Macy’s, called on lawmakers Monday…
Continue ReadingBy Allison Morrow, CNN Business Editor’s Note: A version of this story appeared in CNN Business’ Nightcap newsletter. To get it in your…
Continue ReadingBy Rishi Iyengar, CNN Business Pressure on Activision Blizzard is mounting as more than 2,000 current and former employees signed a petition slamming…
Continue ReadingBy Chris Isidore, CNN Business Tesla reported stronger-than-expected second quarter, with a record net income of $1.1 billion. It was far more than…
Continue ReadingPhilip Morris International says it will stop selling Marlboro cigarettes in Britain within a decade as it called on the UK government to ban the…
Continue ReadingBy Paul R. La Monica, CNN Business Chip giant Nvidia is the ninth-most valuable company in the S&P 500. With a market capitalization of almost…
Continue ReadingBy Alexis Benveniste, CNN Business Amazon listed a job opening for a digital currency and blockchain product lead, sending cryptocurrencies soaring…
Continue ReadingBy Chris Isidore, CNN Business A proposed $30 billion insurance industry merger is off, one month after the Justice Department’s antitrust…
Continue ReadingBack-to-school shopping is always a nightmare. This year, expect it to be even…
Continue ReadingBy Anneken Tappe, CNN Business Goldman Sachs slashed its forecast for US economic activity in the second half of the year, pointing to sluggish…
Continue ReadingThe Washington Post’s Dana Priest talks about the sophisticated technology used to spy on journalists, activists and two women linked to Jamal…
Continue ReadingBy Jeanne Sahadi, CNN Business Maybe you have a natural affinity for making and managing money. Or maybe you’re just trying not to make a hash…
Continue ReadingBy Frank Pallotta, CNN Business The Tokyo Olympics officially kicked off this weekend, and on the face of it, the ratings for Friday’s opening…
Continue ReadingWill NBC be one of the winners or losers of the Summer Olympics? Claire Atkinson discusses the relatively weak ratings for the opening ceremony and…
Continue ReadingBy Hanna Ziady, CNN Business Philip Morris International says it will stop selling Marlboro cigarettes in Britain within a decade as it called on the…
Continue ReadingBy CNN Business Staff Chinese officials are turning their crackdown on private business to yet another industry: education. A slew of big Chinese…
Continue ReadingBy Michelle Toh, CNN Business Cryptocurrencies rallied Monday, just a week after they were hit by a major sell-off. As of 4:45 a.m. ET on Monday,…
Continue ReadingWhen Elon Musk tweets, the crypto world listens. CNN’s Jon Sarlin explores the contradictions of crypto’s decentralized networks alongside the very…
Continue ReadingWatergate journalist Carl Bernstein says we have to look at former President Donald Trump in a different context and calls Trump America’s “own war…
Continue ReadingBy Alexis Benveniste, CNN Business Veteran journalist and author Carl Bernstein called former President Donald Trump a “war criminal” on…
Continue ReadingBy Chris Isidore, CNN Business Tesla is the most secretive automaker on the planet, so investors are always eager to pore through its quarterly…
Continue ReadingBy Anneken Tappe, CNN Business The Federal Reserve was already keeping a close eye on rising prices. Now it has to contend with the Delta coronavirus…
Continue ReadingJournalists from 17 news outlets are working together to expose evidence of spyware that specifically targets journalists, activists and politicians,…
Continue ReadingBy Hadas Gold, CNN Business Audacious Mossad spy operations around the world. The plucky “startup nation” home to reams of billion-dollar…
Continue ReadingBy Sara O’Brien, CNN Business After a nearly three-week strike, hundreds of Frito-Lay employees in Topeka, Kansas have ratified a revised…
Continue ReadingBy Alaa Elassar, CNN Nothing gets cheddar than this… The Kraft Heinz Company has partnered with Brooklyn-based Van Leeuwen Ice Cream to…
Continue ReadingBy Eric Cheung, Will Ripley and Gladys Tsai, CNN Business As China steps up military pressure on Taiwan, the self-governing island is preparing for…
Continue ReadingBy Brian Fung, Natasha Bertrand and Alex Marquardt, CNN On Thursday, the software company Kaseya announced that it could help unlock any of its…
Continue ReadingBy Sara Ashley O’Brien, CNN Business Amazon has hired outside investigators to probe the internal culture of part of its cloud computing…
Continue ReadingThe Center for Disease Control’s national eviction moratorium expires on July 31. That could leave millions of renters nationwide without a roof…
Continue ReadingBy Harmeet Kaur, CNN Workers at the Frito-Lay plant in Topeka, Kansas, say it used to be one of the best jobs in town — a place of shared…
Continue ReadingBy Chris Isidore, CNN Business GM is once again recalling nearly 70,000 Chevrolet Bolt electric vehicles because of a risk that the battery will…
Continue ReadingFox News host Tucker Carlson attacked Capitol police officer Harry Dunn, who defended the Capitol during the January 6th…
Continue ReadingTom Barrack, a former adviser to former President Donald Trump, was charged with illegal foreign lobbying on behalf of the United Arab Emirates as an…
Continue ReadingBy Paul R. La Monica, CNN Business A blank-check firm backed by Tom Barrack, the billionaire investor who was chairman of Donald Trump’s…
Continue ReadingBy Oliver Darcy, CNN Business One evening earlier this month, a White rage-filled man sat behind a desk, looked into a camera, and began to rant…
Continue ReadingBy Danielle Wiener-Bronner, CNN Business Going out to eat might feel a little different these days. Maybe you’re waiting longer for a table,…
Continue ReadingBy Paul R. La Monica, CNN Business American Express is the top stock in the Dow so far this year, and AmEx’s earnings on Friday morning show…
Continue ReadingDave Flitman, Builders FirstSource CEO, says the recent uptick in demand for housing will be “sustainable” over the next few years because of…
Continue ReadingBy Anneken Tappe, CNN Business It’s been a turbulent week on Wall Street, starting with a massive selloff over worries about the Delta variant.…
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