From the Emirates to Davos: South Korea’s big week in global business
By Michelle Toh, Yoonjung Seo and Jake Kwon, CNN South Korea’s leader is capping off a whirlwind week, after securing tens of billions of…
Continue ReadingBy Michelle Toh, Yoonjung Seo and Jake Kwon, CNN South Korea’s leader is capping off a whirlwind week, after securing tens of billions of…
Continue ReadingBy Greg Wallace, CNN A federal judge has ordered Boeing to appear in federal court in Texas next week for an arraignment on a fraud charge involving…
Continue ReadingBy Kara Scannell, CNN Attorneys for disgraced FTX founder Sam Bankman-Fried urged the judge in his fraud case to keep the names of two people who…
Continue ReadingBy Clare Duffy, CNN Netflix announced Thursday that its founder Reed Hastings is stepping down as co-CEO at the company and will serve as executive…
Continue ReadingBy Sean Lyngaas, CNN A senior White House official asked US tech company Cloudflare to help circumvent internet censorship in Iran after protests…
Continue ReadingBy Sean Lyngaas, CNN A senior White House official asked US tech company Cloudflare to help circumvent internet censorship in Iran after protests…
Continue ReadingBy Alicia Wallace, CNN The Federal Reserve is seeing progress in its battle to bring down US inflation and remains laser-focused on reaching the…
Continue ReadingBy Jordan Valinsky, CNN World Wrestling Entertainment executive chairman Vince McMahon has agreed to another multimillion-dollar legal settlement…
Continue ReadingBy Julia Horowitz, CNN Jeff Maggioncalda, the CEO of online learning provider Coursera, said that when he first tried ChatGPT, he was…
Continue ReadingBy Nadeen Ebrahim, CNN Egypt’s economic situation is so dire that the government is asking people to eat chicken feet. The Arab world’s…
Continue ReadingBy Paul R. La Monica, CNN The market is bracing for a perfect storm of bad news. The latest worry? The impending debt ceiling drama in Washington.…
Continue ReadingBy Jordan Valinsky, CNN Anheuser-Busch may no longer be the only alcohol brand to advertise at the Super Bowl, but it will still have a major…
Continue ReadingBy Samantha Murphy Kelly, CNN Business When Kristen Asplin heard about a powerful new AI chatbot tool called ChatGPT going viral online recently with…
Continue ReadingBy Jordan Valinsky, CNN Amazon is shutting down its “Smile” charity donation program as the company cuts costs and rethinks its strategy.…
Continue ReadingBy Nicole Goodkind, CNN Business The US government is set to hit its self-imposed borrowing limit today and both Wall Street and Washington are…
Continue ReadingBy Jordan Valinsky, CNN Taco Bell is bringing back a fan-favorite menu item, but you have to act fast. Crispy chicken wings are back for a limited…
Continue ReadingBy Chris Isidore, CNN Americans can once again buy cars for less than sticker price. But that doesn’t mean they’re finding bargains at…
Continue ReadingBy Alicia Wallace, CNN The number of first-time claims for unemployment insurance fell unexpectedly to 190,000 for the week ending January 14,…
Continue ReadingBy Tami Luhby, CNN The US hit the debt ceiling set by Congress on Thursday, forcing the Treasury Department to start taking extraordinary measures to…
Continue ReadingBy Anna Bahney, CNN US home building fell in December, as the housing market continued to slow. December housing starts, a measure of new home…
Continue ReadingBy Samantha Murphy Kelly, CNN Business Instagram on Thursday announced a new feature called “quiet mode,” which aims to help users focus…
Continue ReadingBy Michelle Toh, CNN China has reopened its doors to Disney’s Marvel Studios for the first time in almost four years, with two new film…
Continue ReadingBy Anna Bahney, CNN Mortgage rates fell this week as economic data showed inflation is fading. The 30-year fixed-rate mortgage averaged 6.15% in the…
Continue ReadingBy Parija Kavilanz, CNN Consumers, spooked by accelerating job cuts, looming recession fears and continuing high prices for goods and services in…
Continue ReadingBy Chris Isidore, CNN Americans can once again buy cars for less than sticker price. But that doesn’t mean they’re finding bargains at…
Continue ReadingBy Samantha Murphy Kelly, CNN Business When Kristen Asplin heard about a powerful new AI chatbot tool called ChatGPT going viral online recently with…
Continue ReadingBy Julia Horowitz, CNN The promenade at the World Economic Forum, dusted in a blanket of fresh snow, is cluttered with signs and pavilions from…
Continue ReadingBy Joseph Ataman, Marguerite Lacroix and Hanna Ziady, CNN Strikes disrupted train services, flights, schools and businesses in France on Thursday as…
Continue ReadingBy Hilary Whiteman, CNN A dispute between two billionaires once united in a visionary project to send power from Australia to Singapore through the…
Continue ReadingBy Pete Muntean, CNN A source familiar with the near-collision of two airliners on a John F. Kennedy International Airport runway tells CNN that…
Continue ReadingBy Brian Fung, CNN The Federal Election Commission has tossed out claims by the Republican National Committee that Google’s spam filters in…
Continue ReadingBy Catherine Thorbecke, CNN Amazon has been accused by federal safety regulators of failing to keep warehouse workers safe from workplace hazards at…
Continue ReadingBy Alicia Wallace, CNN It was a ho-hum end to 2022 for spending in America. US retail sales continued their fall in December, dropping by 1.1% as…
Continue ReadingBy Anna Bahney, CNN A modest drop in mortgage rates over the past month has helped home builder confidence improve in January, after 12 consecutive…
Continue ReadingBy Chris Isidore, CNN Wholesale price growth cooled off significantly in December, the Bureau of Labor Statistics reported Wednesday, indicating that…
Continue ReadingBy Sean Lyngaas, CNN US authorities arrested a Russian cryptocurrency executive who allegedly oversaw the exchange of hundreds of millions of dollars…
Continue ReadingBy Michelle Toh and Hanna Ziady, CNN IBM and SAP are the latest tech companies to slash thousands of jobs, as they reorganize businesses and profits…
Continue ReadingBy Nathaniel Meyersohn, CNN Santa Fe, New Mexico, paid a local contractor $47,000 to round up about 3,000 shopping carts around the city in 2021 and…
Continue ReadingBy Nathaniel Meyersohn, CNN The masked thief rode into a Walgreens in San Francico on a bicycle, pedaled to an aisle in the health and wellness…
Continue ReadingBy Nicole Goodkind, CNN The largest six banks in the United States have been given until July to show the Federal Reserve what effects disastrous…
Continue ReadingBy Nathaniel Meyersohn, CNN Party City filed for bankruptcy protection Tuesday, weighed down by competition and years of financial losses. The…
Continue ReadingBy Allison Morrow, CNN When Jane Fraser became CEO of Citigroup nearly two years ago, in the middle of the pandemic, she established the kind of…
Continue ReadingBy Greg Wallace The union representing Southwest Airlines pilots is taking early steps toward a possible strike, citing the airline’s Christmas…
Continue ReadingBy Brian Fung, CNN The University of Texas at Austin blocked TikTok from its IT network on Wednesday under an earlier order by Gov. Greg Abbott…
Continue ReadingBy Brian Fung, CNN The University of Texas at Austin blocked TikTok from its IT network on Wednesday under an earlier order by Gov. Greg Abbott…
Continue ReadingBy Kristen Holmes, CNN Former President Trump’s campaign sent a letter to Facebook’s parent company, Meta, Tuesday petitioning them to…
Continue ReadingBy Kristen Holmes, CNN Former President Trump’s campaign sent a letter to Facebook’s parent company, Meta, Tuesday petitioning them to…
Continue ReadingBy Oliver Darcy, CNN Business The World Economic Forum’s annual meeting at Davos has long been a lightning rod for conspiracy theories.…
Continue ReadingBy Oliver Darcy, CNN Business The World Economic Forum’s annual meeting at Davos has long been a lightning rod for conspiracy theories.…
Continue ReadingBy Anna Cooban, CNN Global oil demand is expected to hit its highest-ever level this year on the back of China’s swift reopening of its…
Continue ReadingBy Catherine Thorbecke and Hanna Ziady, CNN Microsoft plans to lay off 10,000 employees as part of broader cost-cutting measures, the company said in…
Continue ReadingBy Ivana Kottasová, CNN The UN Secretary General has accused fossil fuel producers and their financial backers of “racing to expand…
Continue ReadingPhilip Wang Alvin Chau, one of Macao’s high-profile gambling promoters, has been sentenced to 18 years in prison for racketeering and illegal…
Continue ReadingBy Hanna Ziady, CNN South Africa’s President Cyril Ramaphosa was forced this week to cancel a trip to Davos by an escalating energy crisis that…
Continue ReadingBy Vanessa Yurkevich, CNN Women living in states that restrict or ban abortion face greater economic insecurity than those living in states where…
Continue ReadingBy Vanessa Yurkevich, CNN Women living in states that restrict or ban abortion face greater economic insecurity than those living in states where…
Continue ReadingBy Laura He, CNN The yen plunged on Wednesday after the Bank of Japan decided to maintain its ultra-easy monetary policy, defying market expectations…
Continue ReadingBy Nicole Goodkind, CNN Friday marks the end of the annual World Economic Forum meeting in Davos, Switzerland, an elite gathering of some of the…
Continue ReadingBy Pete Muntean and Gregory Wallace, CNN Investigators are probing the narrowly avoided catastrophic collision between two airliners at New…
Continue ReadingBy Matt McFarland, CNN Business The Tesla Model S that braked sharply and triggered an eight-car crash in San Francisco in November had the…
Continue ReadingBy Chris Isidore, CNN Tesla reported record profits for the fourth quarter and the full year, but its profit margins were tighter due to higher…
Continue ReadingBy Jennifer Korn Getty Images announced a lawsuit against Stability AI, the company behind popular AI art tool Stable Diffusion, alleging the tech…
Continue ReadingBy Jordan Valinsky, CNN Ousted Disney chief executive Bob Chapek is set to receive a hefty paycheck following his exit. The Walt Disney Company said…
Continue ReadingBy Reuters A 2016 video that Tesla (TSLA) used to promote its self-driving technology was staged to show capabilities like stopping at a red light…
Continue ReadingBy Chris Isidore, CNN A four-year old tweet from Elon Musk has the Tesla CEO back in court starting Tuesday. Musk, Tesla and other Tesla directors…
Continue ReadingBy Clare Duffy, CNN Global politics will be dominated by the availability, trade and investment in microchips for the next several decades, Intel CEO…
Continue ReadingBy Julia Horowitz, CNN Bullishness about the global economy has been in short supply among business leaders in recent months, with fears of recession…
Continue ReadingBy Alicia Wallace, CNN Americans have already started to rein in their spending — and expect to pull back some more this year, according to a…
Continue ReadingBy Diksha Madhok, CNN India will overtake China this year to become the world’s most populous country. The likelihood of India passing that…
Continue ReadingBy Jeanne Sahadi, CNN After having surgery to remove a small cancerous tumor from his neck last year, Publicis Groupe CEO Arthur Sadoun decided to…
Continue ReadingBy Nicole Goodkind, CNN Business The world is in debt. A record amount of debt. Three hundred trillion dollars, to be exact. That’s the total…
Continue ReadingBy Peter Valdes-Dapena, CNN Exactly 70 years after the very first Chevrolet Corvette was unveiled in January, 1953, General Motors revealed the first…
Continue ReadingBy Paul R. La Monica, CNN Let’s not make a deal? Investment banking powerhouses Goldman Sachs and Morgan Stanley both reported substantial…
Continue ReadingBy Anna Cooban, CNN Europe is scrambling to buy diesel fuel from Russia before a ban on imports comes into force in early February, but the frantic…
Continue ReadingBy Peter Valdes-Dapena, CNN Exactly 70 years after the very first Chevrolet Corvette was unveiled in January, 1953, General Motors revealed the first…
Continue ReadingBy Hanna Ziady, CNN Rich travelers will have to pay more to fly if the aviation industry is to transition to greener fuels, the boss of one of the…
Continue ReadingBy Nicole Goodkind, CNN Business The world is in debt. A record amount of debt. Three hundred trillion dollars, to be exact. That’s the total…
Continue ReadingBy Simone McCarthy, CNN China’s population shrank in 2022 for the first time in more than 60 years, a new milestone in the country’s…
Continue ReadingBy Laura He, CNN China’s economy expanded by just 3% in 2022, far below the government’s own target, marking one of the worst…
Continue ReadingBy Michelle Toh, CNN Netflix is planning its largest-ever lineup of South Korean content, with 34 new and returning titles set to roll out this year.…
Continue ReadingBy Peter Valdes-Dapena, CNN Business Not that long ago, cars from the 1990s were just used cars. And, really, most of them still are, if…
Continue ReadingBy Alicia Wallace, CNN At the onset of the pandemic, the restaurant business was one of the hardest hit in the United States. More than 5 million…
Continue ReadingBy Elliott Gotkine, CNN The red-headed man wearing what looks like the ultimate Christmas sweater walks up to the camera. A yellow quadrant surrounds…
Continue ReadingBy Tami Luhby, CNN The world’s wealthiest residents have been getting far richer, far faster than everyone else over the past two years. The…
Continue ReadingBy Chris Isidore, CNN Business Tracking used car prices is enough to give anyone whiplash. Since the start of the pandemic and the resulting…
Continue ReadingBy Brian Fung and Christopher Hickey, CNN More than half of all US states have partially or fully banned TikTok from government devices, according to…
Continue ReadingBy Allison Morrow, CNN The bitcoin bulls are back. After getting pummeled by losses for the better part of last year, bitcoin and other…
Continue ReadingBy Emmy Abbassi, CNN Tired of going on awkward first dates? Maybe some cash will incentivize you. Shane Co. is offering to pay one reluctant romantic…
Continue ReadingBy Ramishah Maruf, CNN First, it was disposable cameras. Then it was low-rise jeans. Now, Gen-Z’s latest “vintage” obsession is the…
Continue ReadingBy Nicole Goodkind, CNN To everything there is a season and now is the time for earnings. Over the past few weeks investors have been squarely…
Continue ReadingBy Matt Egan From rent and groceries to utilities, families are paying a lot more every month as they try to keep up with inflation. And while…
Continue ReadingBy Nathaniel Meyersohn, CNN If you want to earn rewards points at Best Buy, you’ll have to take out a Best Buy credit card to be able to redeem…
Continue ReadingBy Alicia Wallace, CNN The pandemic dislodged the global supply chain, hurling once smoothly running businesses, industries and economies into a…
Continue ReadingOne ticket sold in Maine beat the eerie odds of Friday the 13th and its buyer is set to claim the Mega Millions jackpot of about $1.35 billion, the…
Continue ReadingBy Ramishah Maruf, CNN Martin Luther King Jr. Day celebrates the birthday of civil rights leader the Rev. Martin Luther King Jr., who won the Nobel…
Continue ReadingBy Laura He, CNN Ride-hailing giant Didi received approval to resume new user registration in China, it said Monday, providing more evidence that…
Continue ReadingBy Michelle Toh, CNN Global air traffic will boom this year, returning to pre-pandemic levels in June, according to a new report. On Monday,…
Continue ReadingBy Laura He, CNN A number of regional governments in China have revealed the enormous sums they’ve spent on fighting the pandemic, reinforcing…
Continue ReadingBy Tami Luhby, CNN The world’s wealthiest residents have been getting far richer, far faster than everyone else over the past two years. The…
Continue ReadingBy Jackie Wattles, CNN SpaceX’s Falcon Heavy rocket, the towering launch vehicle known for its boosters’ aerial acrobatics and…
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