Money

By Hanna Ziady, CNN London (CNN) — Spotify will lay off around 1,500 employees to reduce costs in a third round of job cuts this year, CEO…

By Eva Rothenberg and Chris Isidore, CNN New York (CNN) — Alaska Air (ALK) on Sunday announced it will buy rival Hawaiian Airlines (HA) for…

By Krystal Hur, CNN New York (CNN) — Clean energy stocks are out of vogue, as higher interest rates and lagging efforts to combat climate…

By Jeanne Sahadi, CNN New York (CNN) — If you are in a 401(k) plan at work, you very likely have the option to invest in a so-called target…

By Jackie Wattles, CNN (CNN) — Amazon just inked a deal with chief competitor and Elon Musk-helmed SpaceX to launch internet-beaming satellites…

By Peter Valdes-Dapena, CNN New York (CNN) — Back In 2019, Tesla designer Franz von Holzhausen tried to show off the Cybertruck’s…

By Nathaniel Meyersohn, Parija Kavilanz and Samantha Murphy Kelly, CNN New York (CNN) — Walmart confirmed on Friday that it is not advertising…

By Anna Cooban, CNN London (CNN) — The world’s first cargo ship that produces nearly zero planet-heating pollution is on track to set sail in…

By Bryan Mena, CNN Washington, DC (CNN) — Investors have mostly concluded that the Federal Reserve is done hiking interest rates, and are…

By Michelle Toh, CNN Hong Kong (CNN) — A US regulator has hit the China arm of prestigious “Big Four” firm PwC with a $7 million fine. The…

By Laura He, CNN Hong Kong (CNN) — Two Chinese business executives at companies controlled by the embattled financial conglomerate Zhongzhi…

By Krystal Hur, CNN New York (CNN) — Activist shareholder Nelson Peltz’s Trian Fund Management has launched a new proxy fight against Disney,…

By Samantha Murphy Kelly, CNN (CNN) — A judge dismissed a lawsuit filed by the state of Indiana against TikTok accusing the company of making…

By Parija Kavilanz, CNN New York (CNN) — Federal consumer safety regulators are pushing ahead in their effort to make baby loungers safer by…

By Nathaniel Meyersohn, CNN New York (CNN) — From the Chicago Bulls’ bright red courts to the New Orleans Pelicans’ purple and neon green…

By Anna Cooban and Elisabeth Buchwald, CNN London (CNN) — Several OPEC+ countries agreed to voluntarily cut oil production by a total of 2.2…

By Brian Fung, CNN Washington (CNN) — Instagram-parent Meta has sued the Federal Trade Commission in an attempt to prevent regulators from…

By Jordan Valinsky, CNN New York (CNN) — Soccer superstar Cristiano Ronaldo is facing a $1 billion class action lawsuit for his promotion of…

By Ella Nilsen, CNN (CNN) — The US Senate Budget Committee is launching an investigation into whether Florida’s state-backed home and…

By Elisabeth Buchwald, CNN New York (CNN) — Every three weeks, the United States experiences an extreme weather event that produces $1 billion…

CNN By Nicole Goodkind, CNN New York (CNN) — Elon Musk, in his first interview with mainstream media since his antisemitic post on X earlier…

By Catherine Thorbecke, CNN New York (CNN) — ChatGPT may not be able to perform a cake smash on its first birthday today, but it certainly…

By Hanna Ziady, CNN London (CNN) — Staff at UK banks face layoffs in the lead-up to Christmas in what one labor union called “disgraceful”…

CNN By Hanna Ziady, CNN London (CNN) — Billionaires minted in the latest year accumulated more wealth through inheritance than entrepreneurship…

By Michelle Toh and Laura He, CNN Hong Kong (CNN) — Alibaba founder Jack Ma has called for “change” as the stellar performance of a…

By Hanna Ziady, CNN London (CNN) — Billionaires minted in the latest year accumulated more wealth through inheritance than entrepreneurship for…

By Laura He, CNN Hong Kong (CNN) — Chinese leader Xi Jinping has visited Shanghai for the first time in three years, as his government steps up…

By David Goldman, CNN New York (CNN) — Twelve days after OpenAI fired Sam Altman as CEO, the company formally announced that it has hired him…

CNN By Nicole Goodkind, CNN New York (CNN) — Elon Musk, in his first interview with mainstream media since his antisemitic post on X earlier…

By Chris Isidore, CNN New York (CNN) — The United Auto Workers union says it has started an effort to organize workers at 13 non-union…

By Liam Reilly and Jon Passantino, CNN (CNN) — Disney chief executive Bob Iger said Wednesday that his number one priority for the…

By Nicole Goodkind, CNN New York (CNN) — Elon Musk, in his first interview with mainstream media since his antisemitic post on X earlier this…

By Brian Fung, CNN (CNN) — Google has agreed to pay Canadian publishers for their news content, backing down from a high-stakes threat to block…

By Ramishah Maruf, CNN New York (CNN) — It was a simple plan. Business tends to slow down at Red Lobster locations during the third and fourth…

By Allison Morrow and Chris Isidore, CNN New York (CNN) — General Motors, fresh off bruising wage negotiations with its labor union and eager…

By Peter Valdes-Dapena, CNN (CNN) — General Motors announced Wednesday that it’s cutting spending at its self-driving car unit, Cruise. “We…

By Sean Lyngaas, CNN Washington, DC (CNN) — A September hack of popular identity management firm Okta was far more extensive than previously…

By Jordan Valinsky, CNN New York (CNN) — Rite Aid is closing another roughly 30 locations across the US in addition to the 100 the bankrupt…

By Oliver Darcy and Jon Passantino, CNN (CNN) — Jezebel, the punchy feminist blog that was shuttered earlier this month, will be resurrected…

By Oliver Darcy, CNN (CNN) — Bob Iger, neatly dressed in a gray suit and pressed white shirt, sans tie, strutted onstage Tuesday afternoon at…

By Laura He, CNN Hong Kong (CNN) — Chinese social media users are mourning the death of billionaire investor Charlie Munger. The vice chairman…

CNN By Paul R. La Monica and Krystal Hur, CNN New York (CNN) — Billionaire investor Charlie Munger, the long-time friend and business partner…

By Catherine Thorbecke, CNN (CNN) — Once bitter rivals fighting for control of London’s streets, Uber and the British capital’s iconic…

By Matt Egan, CNN New York (CNN) — Billionaire hedge fund CEO Bill Ackman and several other business leaders are demanding Harvard University…

By Paul R. La Monica and Krystal Hur, CNN New York (CNN) — Billionaire investor Charlie Munger, the long-time friend and business partner of…

By Oliver Darcy, CNN (CNN) — Rupert Murdoch is set to be deposed on Tuesday in voting technology company Smartmatic’s mammoth $2.7 billion…

By Hanna Ziady, CNN London (CNN) — Elon Musk has notched a victory against Swedish workers as a court ruled that Tesla can collect license…

Analysis by Hanna Ziady, CNN London (CNN) — “All the rich can afford a new car,” an elderly British woman commented at a recent protest in…

CNN By Nicole Goodkind, CNN New York (CNN) — WeightWatchers is betting that diet culture is over. Welcome to the age of Ozempic. Diet drugs…

By Ramishah Maruf, CNN New York (CNN) — Columbia University senior Yusuf Hafez was in class in late October when his friend alerted him that…

By Laura He, CNN Hong Kong (CNN) — The world’s second largest economy is undergoing a major transformation and is looking for new drivers of…

By Michelle Toh, CNN Hong Kong (CNN) — ByteDance, the Chinese tech giant behind TikTok, is pulling back from video gaming in a shift that will…

By Oliver Darcy, CNN (CNN) — The exodus from X is bleeding beyond just major advertisers. In recent days, a number of prominent media brands…

By Liam Reilly, CNN (CNN) — Sports Illustrated on Monday said it had deleted several articles from its website after a…

Reuters Berlin — Volkswagen’s original brand is “no longer competitive,” the company’s brand chief warned Monday, owing to high costs and…

By Michelle Toh and Eric Cheung, CNN Hong Kong/Taipei (CNN) — Alibaba founder Jack Ma has a new title: owner of “Ma’s Kitchen.” China’s…

By Michelle Toh, Lauren Izso and Alex Stambaugh, CNN Hong Kong/Jerusalem (CNN) — Elon Musk visited Israel Monday, meeting the country’s…

By Laura He, CNN Hong Kong (CNN) — The troubles besetting one of China’s biggest privately-owned financial conglomerates have deepened with…

By Eva Rothenberg, CNN (CNN) — Since at least 2019, Meta has knowingly refused to shut down the majority of accounts belonging to children…

By Christopher Hickey, CNN Not even two years of soaring prices and mounting interest rates have stopped Americans from opening their wallets and…

By Clare Duffy and Rachel Ramirez, CNN New York (CNN) — Tomato growers in central India have been increasingly worried about the volatility…

By Parija Kavilanz, CNN New York (CNN) — Let the shopping games begin. Deal-hunters headed to their favorite stores in person and online on the…

By Olesya Dmitracova, CNN London (CNN) — It has taken nearly a month, but workers striking against Tesla in Sweden have finally drawn a…

By Wayne Chang and Michelle Toh, CNN Taipei/Hong Kong (CNN) — Terry Gou, the billionaire founder of major Apple supplier Foxconn, withdrew…

By Olesya Dmitracova, CNN London (CNN) — Oil and gas producers must confront a “pivotal” choice: continue to accelerate the climate crisis…

By Peter Valdes-Dapena, CNN (CNN) — Electric cars are supposed to be the future, but they still have issues that are keeping away many car…

By Diksha Madhok and Juliana Liu, CNN New Delhi/Hong Kong (CNN) — A major wealth management company in China has told investors it can’t pay…

By Michelle Toh, CNN Hong Kong (CNN) — Jack Ma has put off plans to sell hundreds of millions of dollars worth of Alibaba shares after the…