Money Archives

Larry King was one of pop culture’s favorite newsmen

January 25, 2021 10:50 AM CNN Newsource

Larry King’s death on Saturday was a significant loss for the media world. The longtime CNN host was an industry icon right down to his…

CEOs stepped up during the Trump era. They’re not off the hook

January 25, 2021 10:48 AM CNN Newsource

During the Trump era, many business leaders came to an uncomfortable conclusion: They could no longer afford to stay in their lanes, speaking out…

Larry King: An appreciation of his legacy from CNN president Jeff Zucker and founder Ted Turner

January 25, 2021 10:46 AM CNN Newsource

Larry King, who died Saturday at the age of 87, “had a history-making career spanning radio and television,” CNN president Jeff Zucker…

Google Maps will soon display COVID-19 vaccination sites

January 25, 2021 10:19 AM CNN Newsource

Google Maps will soon display locations that offer COVID-19 vaccinations, further bolstering awareness of the virus — and how to avoid it. The…

Coke with Coffee is (finally) here

January 25, 2021 7:54 AM CNN Newsource

Coke with Coffee is finally launching Monday in the United States after being available for years internationally. The product is made with Brazilian…

Budweiser is skipping the Super Bowl for the first time in nearly four decades

January 25, 2021 5:41 AM CNN Newsource

Budweiser’s Clydesdale horses have become synonymous with the Super Bowl. But this year, they’re getting a rest: For the first time in 37…

Foreign companies are giving up on the United States and betting big on China, report says

January 25, 2021 8:01 AM CNN Newsource

Foreign companies are turning their backs on the United States, taking advantage of China’s booming economy and superior management of the…

Is the stock market in a bubble? The debate is heating up

January 25, 2021 7:53 AM CNN Newsource

As stocks hit record highs, Wall Street banks are getting more and more inquiries about whether the boom, which has some parallels to the dot-com…

The megarich have already recovered from the pandemic. It may take the poor a decade to do so

January 25, 2021 7:31 AM CNN Newsource

Nine months. That’s how long it took the world’s top 1,000 billionaires to recoup their fortunes after the coronavirus pandemic hit. More…

Godiva is closing or selling all of its stores in the United States

January 25, 2021 6:45 AM CNN Newsource

Luxury chocolatier Godiva is getting out of the brick and mortar business. The company is closing or selling all 128 of its brick-and-mortar stores…

Jim Acosta: I’ve never seen Trump this alone

January 25, 2021 5:39 AM CNN Newsource

Donald Trump spent his last moments as President sad and alone, according to Jim Acosta, who led CNN’s coverage of Trump during his presidency.…

Members are quitting ‘sad’ Mar-a-Lago after Trump loses

January 25, 2021 5:35 AM CNN Newsource

Many once-loyal members of Mar-a-Lago are leaving because they no longer want to have any connection to former President Donald Trump, according to…

Fauci and Birx tell interviewers about the ‘nonsense’ of the Trump years

January 25, 2021 5:33 AM CNN Newsource

A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free right here. When Congressman…

The megarich have already recovered from the pandemic. It may take the poor a decade to so do

January 24, 2021 5:31 PM CNN Newsource

Nine months. That’s how long it took the world’s top 1,000 billionaires to recoup their fortunes after the coronavirus pandemic hit. More…

Ex-GOP strategist: Rupert Murdoch is the most dangerous immigrant in America

January 24, 2021 1:30 PM CNN Newsource

If you thought Fox News would dial down the highly charged rhetoric after Donald Trump left office, you’d be mistaken. It is not slowing down…

How late-night TV plans to adapt to life after Trump

January 24, 2021 9:10 AM CNN Newsource

Late-night TV has always featured politics. Johnny Carson spent decades lampooning leaders of both parties on “The Tonight Show,” and…

Spending more on DoorDash and UberEats? This fee may be why

January 23, 2021 12:20 PM CNN Newsource

Late last year, some DoorDash customers started getting hit with a puzzling new fee on their order total just before checkout. The extra roughly $1…

Got a package you didn’t order? It could be a scam

January 23, 2021 12:15 PM CNN Newsource

Most people who buy things online just have to worry about their deliveries being delayed or never arriving. But some people are dealing with a…

Larry King was the everyman’s interviewer

January 23, 2021 3:30 PM CNN

Larry King often came across as the guy who sat next to somebody on an airplane and started up a conversation by asking: “So what do you…

Larry King: An appreciation of his legacy from CNN president Jeff Zucker

January 23, 2021 10:15 AM CNN Newsource

Larry King, who died Saturday at the age of 87, “had a history-making career spanning radio and television,” CNN president Jeff Zucker…

Amazon is pushing for a milestone union vote to take place in person despite the pandemic

January 22, 2021 3:36 PM CNN Newsource

Amazon is once again asking the National Labor Relations Board to direct thousands of the company’s warehouse workers at an Alabama facility to…

Incoming CEO wants Intel to again be the ‘unquestioned leader’ in industry

January 22, 2021 2:50 PM CNN Newsource

Intel investors and analysts got their first glimpse at incoming CEO Pat Gelsinger’s vision for the company during its earnings call on…

NBC Sports Network to shut down by the end of the year

January 22, 2021 2:10 PM CNN Newsource

NBC Sports Network is shutting down at the end of this year, the company said on Friday. The cable network will cease operation and USA Network will…

Exclusive: Trump advisor calls on Congress to approve Biden’s rescue plan

January 22, 2021 2:06 PM CNN Newsource

Former Trump economic adviser Kevin Hassett broadly supports President Joe Biden’s $1.9 trillion rescue package as a way to keep the…

Tom Brokaw retiring from NBC News after 55 years with the network

January 22, 2021 1:16 PM CNN Newsource

Tom Brokaw is formally retiring from NBC News after an extraordinary 55 years with the network. Brokaw, 80, is best known for anchoring the…

Ford will recall 3 million vehicles for airbag problems, after losing fight with safety regulator

January 22, 2021 12:04 PM CNN Newsource

Ford is recalling 3 million US and Canadian vehicles with airbags manufactured by the same company whose devices have been linked to at least 18…

Volkswagen made $12 billion in 2020 despite the pandemic

January 22, 2021 12:02 PM CNN Newsource

Volkswagen is walking away from 2020 with a profit of more than $12 billion despite the coronavirus pandemic that torpedoed car sales and snarled…

Wall Street can relax, moderates have the mandate

January 22, 2021 11:54 AM CNN Newsource

Stocks have surged since Election Day and are near record highs. Wall Street is clearly a fan of President Joe Biden’s new administration…

Netflix, Disney+ and other streaming sites offer more diverse shows than cable, study finds

January 22, 2021 10:56 AM CNN Newsource

Americans want more diversity on TV, and they’re increasingly finding more of it on streaming platforms such as Netflix and Disney+ than on…

Walmart will expand COVID-19 vaccinations to more states

January 22, 2021 10:34 AM CNN Newsource

Walmart is rolling out the COVID-19 vaccine in more states as the Biden administration tries to accelerate distribution. The company has been…

Local reporters are a lifeline helping readers find the vaccine

January 22, 2021 10:38 AM CNN Newsource

A Tallahassee man in his nineties begs for his 70-year-old caretaker to be bumped up in the vaccination queue. A woman over 75 in Raleigh asks what…

Alphabet is shutting down Loon, its ambitious internet balloon venture

January 22, 2021 10:16 AM CNN Newsource

A futuristic project by Google’s parent company Alphabet to provide internet from high flying balloons has burst. Loon, the Alphabet subsidiary…

Apple CEO Tim Cook once gave President Trump a $5,999 Mac Pro

January 22, 2021 9:58 AM CNN Newsource

In a new financial document released just hours after he left the White House, former President Donald Trump disclosed Apple CEO Tim Cook once gave…

‘No Time to Die,’ the new James Bond film, is delayed once again

January 22, 2021 8:48 AM CNN Newsource

“No Time to Die,” the latest film in the James Bond series and one of the most anticipated movies of 2021, has been delayed again. The…

Two tech stalwarts fail to impress Wall Street

January 22, 2021 8:37 AM CNN Newsource

Tech companies have been an investor favorite during the pandemic. But Wall Street is keeping its distance from two industry stalwarts after their…

Taxi drivers and airline workers forced to brink of starvation as travel is at a standstill

January 22, 2021 8:34 AM CNN Newsource

Joseph Palma holds up his work uniform with pride and despair. He hasn’t put it on since he was laid off in March. He worked as a customer…

Biden’s Covid plan has to work. The economy depends on it

January 22, 2021 8:32 AM CNN Newsource

The fate of the economic recovery is riding on President Joe Biden’s mission to speed up the lackluster rollout of coronavirus vaccines. While…

The transportation industry lost more than 250,000 jobs, forcing workers to the brink of starvation

January 22, 2021 8:00 AM CNN Newsource

Joseph Palma holds up his work uniform with pride and despair. He hasn’t put it on since he was laid off in March. He worked as a customer…

Google threatens to shut down search in Australia

January 22, 2021 7:58 AM CNN Newsource

Google says it will shut down its search engine in Australia if a controversial bill designed to benefit the news media becomes law. At a Senate…

Woman who made Bernie Sanders’ mittens says she has no more to sell

January 22, 2021 7:33 AM CNN Newsource

The Vermont school teacher behind the cozy mittens worn by Senator Bernie Sanders during President Joe Biden’s inauguration on Wednesday said…

Instacart is cutting more than 1,800 jobs, including its only unionized workers

January 21, 2021 4:09 PM CNN Newsource

Last February, a group of Instacart employees who worked as in-store shoppers at a Mariano’s grocery store in Skokie, Illinois, voted to…

Federal judge blocks Parler’s bid to be restored on Amazon Web Services

January 21, 2021 3:55 PM CNN Newsource

A federal judge has denied Parler’s request for a court order blocking Amazon from kicking the social media app off its platform, marking yet…

American Airlines has so much extra wine that it is starting a delivery service

January 21, 2021 2:30 PM CNN Newsource

Airlines are still operating only a fraction of the number of flights they offered pre-pandemic, and alcohol is banned in many cabins to help thwart…

From Keystone XL to Paris Agreement, Joe Biden signals a shift away from fossil fuels

January 21, 2021 2:03 PM CNN Newsource

America’s energy policy is getting an extreme makeover. President Joe Biden is wasting no time undoing the Trump administration’s efforts…

Exclusive: Trump economist backs Biden’s $1.9 trillion rescue plan

January 21, 2021 12:48 PM CNN Newsource

Former Trump economic adviser Kevin Hassett broadly supports President Joe Biden’s $1.9 trillion rescue package as a way to keep the…

Volkswagen CEO joins Twitter and immediately trolls Tesla and Elon Musk

January 21, 2021 12:31 PM CNN Newsource

Volkswagen CEO Herbert Diess is new to Twitter, but he made a splash with his very first tweet — going after master troll and Tesla CEO Elon…

Facebook’s oversight board will decide whether Trump should be banned

January 21, 2021 12:29 PM CNN Newsource

Donald Trump’s future on Facebook and Instagram is now up in the air. Facebook has referred its previous decision to suspend former President…

‘Welcome Back America’: Newspapers around the world react to Biden’s inauguration

January 21, 2021 12:15 PM CNN Newsource

The culmination of Joe Biden’s journey to the Oval Office was seen far beyond Washington DC on Thursday, with images of his inauguration…

Trump economist backs Biden’s $1.9 trillion rescue plan

January 21, 2021 12:11 PM CNN Newsource

Former Trump economic adviser Kevin Hassett broadly supports President Joe Biden’s $1.9 trillion rescue package as a way to keep the…

Trump’s business was crashing even before the Capitol riot made his brand toxic

January 21, 2021 11:28 AM CNN Newsource

Donald Trump’s businesses generated nearly 40% less revenue last year as the coronavirus pandemic slammed the hotel industry, putting the…

Google agrees to pay French publishers for news

January 21, 2021 10:43 AM CNN Newsource

Google will pay news publications in France for the use of their content online in a landmark agreement that could soon be replicated elsewhere in…

The pandemic stock market divide isn’t going away

January 21, 2021 10:40 AM CNN Newsource

Stocks have reached records on hopes that stimulus spending and vaccination programs will trigger a recovery in corporate earnings later this year.…

China says it is a ‘victim’ after Twitter locks embassy account

January 21, 2021 10:38 AM CNN Newsource

China says that it is a “victim” of misinformation after Twitter restricted the account of the Chinese embassy in the United States. The…

Here’s what Intel’s new CEO must do to turn the company’s fortunes around

January 21, 2021 10:34 AM CNN Newsource

Pat Gelsinger has a massive task ahead of him when he takes over as Intel CEO next month. The semiconductor company, whose products have served as…

Right-wing media holds Biden bash-fest, foreshadowing its next four years of coverage

January 21, 2021 9:20 AM CNN Newsource

President Joe Biden implored Americans in his inaugural speech to come together and unify, but the right-wing media machine has wasted no time…

Costco is (finally) testing out curbside pickup for groceries

January 21, 2021 8:57 AM CNN Newsource

Costco has held off on offering curbside pickup for groceries for years. Now, in a shift, it’s trying it out at three stores in Albuquerque,…

Jack Ma makes his first public appearance in months

January 21, 2021 8:48 AM CNN Newsource

Jack Ma just made his first public appearance in months as his tech empire continues to face scrutiny from Chinese regulators. The billionaire…

900,000 Americans filed for unemployment in Donald Trump’s last full week as president

January 21, 2021 8:45 AM CNN Newsource

The jobs crisis roared on during Donald Trump’s last full week as president, with 900,000 Americans filing for first-time unemployment benefits…

Is the QAnon movement dead?

January 21, 2021 7:43 AM CNN

On Wednesday at noon, Joe Biden became the 46th president of the United States. He was not arrested beforehand. Nor were any of the other…

QAnon believers are in disarray after Biden is inaugurated

January 21, 2021 6:26 AM CNN Newsource

For years, believers of the QAnon conspiracy theory had been waiting for the moment when a grand plan would be put into action and secret members of…

Newspapers around the world react to Biden’s inauguration

January 21, 2021 5:39 AM CNN Newsource

The culmination of Joe Biden’s journey to the Oval Office was seen far beyond Washington DC on Thursday, with images of his inauguration…

Biden White House press secretary pledges to share ‘accurate information with the American people’

January 21, 2021 4:42 AM CNN Newsource

A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free right here. “Let’s do…

Owner of Ben and Jerry’s: We’ll ensure every worker in our supply chain gets a living wage

January 20, 2021 5:28 PM CNN Newsource

Unilever has promised that every worker who provides it with goods and services will earn a living wage by 2030 even if it costs the company more.…

Trump-appointed head of Global Media agency resigns at Biden’s request

January 20, 2021 4:48 PM CNN Newsource

Michael Pack, the controversial Trump-appointed CEO of the US Agency for Global Media, resigned on Wednesday after a request from the Biden…

Amazon to Biden: Prioritize our workers for the vaccine

January 20, 2021 4:17 PM CNN Newsource

Amazon wasted no time to reach out to newly installed US President Joe Biden about prioritizing its essential workers in his administration’s…

Biden addresses nation’s information crisis: We must ‘defeat the lies’

January 20, 2021 2:53 PM CNN Newsource

In a sharp break with his predecessor, President Joe Biden vowed during his inaugural address Wednesday to tackle the information crisis plaguing…

Trump leaves office with a good — but not historically great — stock market record

January 20, 2021 2:20 PM CNN Newsource

The stock market has been one of President Donald Trump’s favorite metrics for how the nation is doing. The awkward part: The market…

The Biden administration has an Easter egg for IT pros on the White House website

January 20, 2021 1:40 PM CNN Newsource

The White House website has a special message for IT folks who know where to look — and it could lead to a job with the government. The Biden…

Biden speech draws high praise across media — even on Fox News

January 20, 2021 12:49 PM CNN Newsource

Before Joe Biden was sworn in, voices across the TV spectrum could not possibly set the bar for his inaugural address any higher.…

A big infrastructure spending bill might finally be in the cards

January 20, 2021 12:43 PM CNN Newsource

Joe Biden is now President and Democrats have gained a slim majority in the Senate along with the party’s control of the House. Does that mean…

Tencent is the latest tech giant to team up with carmaker Geely

January 20, 2021 11:17 AM CNN Newsource

Chinese automaker Geely has just announced another big tie-up in its quest to build the cars of the future. The country’s largest privately…

Samsung heir’s prison sentence casts a shadow on South Korea’s tech titan

January 20, 2021 11:11 AM CNN Newsource

The man who calls the shots at Samsung was just sent to prison for the second time in less than five years. Even if the South Korean tech giant can…

Biden becomes @POTUS: How the social media transition of power unfolded

January 20, 2021 11:04 AM CNN Newsource

As Joe Biden was sworn in as the president of the United States, another transition of power took place on social media. On Wednesday, Biden and his…

Trump is handing Biden a booming stock market

January 20, 2021 10:59 AM CNN Newsource

Optimism about the end of the pandemic and support from governments and central banks have rescued the Trump stock market. Now, investors will see if…

Here’s how much Trump’s presidential pension is worth — if he keeps it

January 20, 2021 10:56 AM CNN Newsource

As of noon today, Donald Trump is entitled to an annual pension of $221,400 and perks worth far more than that. It’s possible — but not…

Late-night hosts say goodbye to President Trump: ‘The end of an error’

January 20, 2021 9:20 AM CNN Newsource

Late-night hosts have spent four years mocking, joking and being horrified about President Donald Trump. And on Tuesday night, they said their…

Shep Smith breaks his silence about why he left Fox News

January 20, 2021 9:17 AM CNN Newsource

Shep Smith, who left Fox News in October 2019 while in the middle of a three-year contract, has remained largely silent about his departure —…

Joe Biden’s proposed stimulus checks are a lousy way to fix the economy

January 20, 2021 9:14 AM CNN Newsource

The most expensive provision in Joe Biden’s $1.9 trillion economic recovery plan is his proposal to send an additional $1,400 to most…

Trump has left, but some of his supporters still think he’s about to declare martial law — and they’re excited

January 20, 2021 8:53 AM CNN Newsource

Sometime Monday, some of the remaining dead-enders convinced that President Trump will remain in office for at least the next four years got a sign.…

Biden is about to become @POTUS: How the social media transition of power will unfold

January 20, 2021 8:00 AM CNN Newsource

At the moment Joe Biden is sworn in as the next president of the United States, another transition of power will take place on social media. On…

4 ways Joe Biden plans to fix the economy

January 20, 2021 7:11 AM CNN Newsource

Joe Biden will be sworn in as president at noon Wednesday. During his campaign, he made sweeping promises to restore the economy and speed up the…

Some Trump supporters think he’s about to declare martial law — and they’re excited.

January 20, 2021 4:43 AM CNN Newsource

Sometime Monday, some of the remaining dead-enders convinced that President Trump will remain in office for at least the next four years got a sign.…

Jack Ma makes first public appearance in months in new video

January 19, 2021 10:28 PM CNN Newsource

Jack Ma just made his first public appearance in months as his tech empire continues to grapple with challenges from Chinese regulators. The…

Netflix crosses 200 million subscribers milestone

January 19, 2021 7:41 PM CNN Newsource

Netflix — which was founded in 1997 as a rental company that sent you DVDs in the mail — crossed a major milestone on Tuesday, further…

IRS Free File service available to taxpayers with 2020 income $72,000 and below

January 19, 2021 6:27 PM Ariel Schroeder

Filing this year could be easier than…

It’s Inauguration Eve, and Wall Street is feeling good

January 19, 2021 6:01 PM CNN Newsource

Editor’s Note: A version of this story appeared in CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free, here.…

Major news outlets name women to lead coverage of the Biden White House

January 19, 2021 4:28 PM CNN Newsource

At least six major news networks have assigned women to lead White House coverage of the Biden administration, raising the profile of female…

Netflix crosses 200 million susbcribers milestone

January 19, 2021 3:15 PM CNN Newsource

Netflix — which was founded in 1997 as a rental company that sent you DVDs in the mail — crossed a major milestone on Tuesday, further…

Bed Bath & Beyond stops selling MyPillow after CEO’s Capitol siege comments

January 19, 2021 2:00 PM CNN Newsource

Bed Bath & Beyond has stopped selling MyPillow products following CEO Mike Lindell’s support of the January 6 insurrection and his…

MyPillow no longer sold at Bed Bath & Beyond after CEO Mike Lindell’s Capitol siege comments

January 19, 2021 1:58 PM CNN Newsource

Bed Bath & Beyond has stopped selling MyPillow products following CEO Mike Lindell’s support of the January 6 insurrection and his…

How Parler is trying to get back online

January 19, 2021 1:51 PM CNN Newsource

Parler tried to seek a hosting alternative to Amazon Web Services from at least six different potential providers once it became clear Amazon would…

The Biden post-election market surge is the best for a new president in modern history

January 19, 2021 1:07 PM CNN Newsource

Stocks have gained about 13% since Election Day as of Tuesday, a day before Joe Biden’s inauguration — marking the the best post-election…

The Biden post-election market surge is the best for a new president in 60 years

January 19, 2021 12:22 PM CNN Newsource

Stocks have gained about 13% since Election Day as of Tuesday, a day before Joe Biden’s inauguration — marking the the best post-election…

Janet Yellen says Treasury should focus on workers, women and minorities

January 19, 2021 11:54 AM CNN Newsource

Janet Yellen, President-elect Joe Biden’s pick for Treasury secretary, urged Congress during her confirmation hearing Tuesday to move swiftly…

Aldi, Trader Joe’s and others will pay workers to get a vaccine

January 19, 2021 11:40 AM CNN Newsource

A growing number of large US chains are offering their workers incentives to get Covid-19 vaccines. Grocery chain Aldi said Tuesday that it will…

Walmart CEO blames ‘fiction’ of fraudulent election for dividing Americans

January 19, 2021 11:39 AM CNN Newsource

Walmart CEO Doug McMillon lamented Tuesday that the baseless claims of a stolen election pushed by President Donald Trump and his allies have further…