Bankrupt crypto exchange FTX is under criminal investigation in The Bahamas
By Matt Egan Authorities in The Bahamas are investigating potential criminal misconduct surrounding the stunning implosion of crypto exchange FTX,…
Continue ReadingBy Matt Egan Authorities in The Bahamas are investigating potential criminal misconduct surrounding the stunning implosion of crypto exchange FTX,…
Continue ReadingBy Samantha Murphy Kelly, CNN Business A little over a year ago, social media companies were put on notice for how they protect, or fail to protect,…
Continue ReadingBy Frank Pallotta, CNN Business “Black Panther: Wakanda Forever” had the major challenge of following “Black Panther,” one of…
Continue ReadingBy Matt McFarland, CNN Business Tesla and CEO Elon Musk will spend this week in court to defend the massive compensation package that helped make him…
Continue Readingby Reuters Disney is planning to freeze hiring and cut some jobs as it strives to move the Disney+ streaming service to profitability against a…
Continue ReadingBy Ramishah Maruf, CNN Playbill, a news outlet and guide for the Broadway theater community and theatergoers, said Friday it left Twitter after Elon…
Continue ReadingBy Ramishah Maruf, CNN Playbill, a news outlet and guide for the Broadway theater community and theatergoers, said Friday it left Twitter after Elon…
Continue ReadingBy Jacob Lev, CNN The NBA’s Miami Heat and Miami-Dade County have terminated their relationship with bankrupt cryptocurrency exchange FTX and…
Continue ReadingBy Peter Valdes-Dapena, CNN Business One of Tesla’s biggest competitive advantages in North America has been its network of chargers that, for…
Continue ReadingBy Matt Egan The reeling crypto industry faces a 2008-style crisis that will lead to a much-needed regulatory crackdown, crypto CEO Changpeng Zhao…
Continue ReadingBy Brian Fung, CNN Just two weeks into Elon Musk’s ownership of Twitter, the company may have already violated its consent agreement with the…
Continue ReadingBy Allison Morrow, CNN Business Larry David made a prediction about this week’s crypto meltdown that was prettaaay prettaaay good. In a Super…
Continue ReadingBy Allison Morrow, CNN Business Sam Bankman-Fried woke up on Monday still a billionaire, even as his cryptocurrency empire was beginning to unravel.…
Continue ReadingBy Allison Morrow, CNN Business The fallout from the spectacular implosion of crypto giant FTX has triggered a cascade of wide-reaching effects:…
Continue ReadingBy Brian Fung, CNN Two weeks after Elon Musk completed his acquisition of Twitter, the future of the company has never looked less certain. In the…
Continue ReadingConsumers were feeling slightly worse about the US economy in November, amid punishing rate hikes and decades-high inflation, according to a closely…
Continue ReadingBy Nadeen Ebrahim, CNN As Western states try to wean themselves off their addiction to hydrocarbons, Gulf oil nations have been pushing back hard,…
Continue ReadingBy Matt Egan and Allison Morrow, CNN Business FTX Group said Friday it has filed for bankruptcy in the United States and that its CEO has resigned,…
Continue ReadingBy Nicole Goodkind, CNN Business Stocks surged on Thursday in their best day since 2020 after a key inflation indicator came in softer than expected.…
Continue ReadingBy Matt Egan and Allison Morrow, CNN Business FTX Group said Friday it has filed for bankruptcy in the United States and that its CEO has resigned,…
Continue ReadingBy Frank Pallotta, CNN Business “Black Panther: Wakanda Forever” hits theaters this weekend, and with it comes the type of anticipation…
Continue ReadingBy Hanna Ziady, CNN Business The UK economy shrank in the third quarter, signaling the start of a recession that is likely to hit Europe next. UK GDP…
Continue ReadingBy Steven Jiang and Juliana Liu, CNN Apple has limited the use of the AirDrop wireless file sharing function on devices in China, just weeks after…
Continue ReadingBy Michelle Toh, CNN Business China’s Singles Day, the world’s biggest annual shopping event, is known for regularly smashing sales…
Continue ReadingBy Rhea Mogul and Swati Gupta, CNN India’s top court on Friday ordered the release of six people convicted of killing the country’s…
Continue ReadingBy Kathleen Magramo, CNN Business China has reduced the amount of time travelers entering the country must spend in quarantine and removed a major…
Continue ReadingBy Hilary Whiteman, CNN Cyber criminals in Russia are behind a ransomware attack on one of Australia’s largest private health insurers…
Continue ReadingBy Alicia Wallace, CNN Business The US government recorded a monthly budget deficit of $88 billion in October, the Treasury Department reported…
Continue ReadingBy Parija Kavilanz, CNN Business Gap announced Thursday that it has officially launched its store on Amazon. While shoppers were able to buy Gap…
Continue ReadingBy Oliver Darcy and Sonia Moghe, CNN A Connecticut judge on Thursday ordered right-wing conspiracy theorist Alex Jones to pay an additional $473…
Continue ReadingBy Brian Fung, CNN Just days after Twitter laid off thousands of employees, a number of top executives from teams working on privacy and security at…
Continue ReadingBy Parija Kavilanz, CNN Business Is there anything at your local grocery store (besides avocados) that’s getting less — not more —…
Continue ReadingBy Danielle Wiener-Bronner, CNN Business KFC Germany apologized for an “unacceptable” message sent to customers on Wednesday, which…
Continue ReadingBy Anna Bahney, CNN Business In case you needed more evidence of how much home prices have skyrocketed: Even as the housing market was cooling over…
Continue ReadingBy Chris Isidore and David Close, CNN Fred Hickman, a pioneering sports broadcaster and anchor who helped to launch two major cable networks and…
Continue ReadingBy Anna Bahney, CNN Business Mortgage rates have jumped back above 7%, after dropping last week. The 30-year fixed-rate mortgage averaged 7.08% in…
Continue ReadingBy Alicia Wallace, CNN Business Americans and the Federal Reserve got some welcome news Thursday on inflation. The Consumer Price Index rose 7.7% for…
Continue ReadingBy Anna Cooban, CNN Business UK police arrested and detained three journalists covering a climate protest earlier this week, raising concerns that…
Continue ReadingBy Jennifer Korn, CNN Business The near collapse this week of FTX, one of the largest cryptocurrency exchanges, has sent shockwaves throughout the…
Continue ReadingBy Danielle Wiener-Bronner, CNN Business Food is still getting more expensive, but at a slower pace than earlier this year. In the month of October,…
Continue ReadingBy Jordan Valinsky, CNN Business Wendy’s is adding a holiday-themed Frosty to its menu for the first time ever. Beginning next Tuesday,…
Continue ReadingBy Paul R. La Monica and Nicole Goodkind, CNN Stocks soared in their best day since 2020 on Thursday after new economic data showed that price…
Continue ReadingBy Peter Valdes-Dapena, CNN Business New car prices are finally coming down. A little, anyway. Cars are still selling, on average, for more than the…
Continue ReadingBy Nathaniel Meyersohn, CNN Business Wealthier customers pinched by inflation are switching to Walmart for groceries, boosting sales at…
Continue ReadingBy Allison Morrow, CNN Business In the space of a week, a 30-year-old entrepreneur once hailed as a modern-day J.P. Morgan watched his digital…
Continue ReadingBy Paul R. La Monica, CNN Business Many investors are still nursing losses for the year. But stocks have come roaring back to life in the past few…
Continue ReadingBy Nicole Goodkind, CNN Business The third-quarter corporate earnings season is wrapping up: We now have reports from about 450 of the S&P 500,…
Continue ReadingBy Clare Duffy, CNN Business Video by John General, CNN Business In 2019, Air Company made a splash when it launched vodka derived from recaptured…
Continue ReadingBy Clare Duffy, CNN Business Video by John General, CNN Business In 2019, Air Company made a splash when it launched vodka derived from recaptured…
Continue ReadingBy Alicia Wallace, CNN Business The economy was top of mind for voters in the midterm elections, exit polls showed, adding even more weight to a…
Continue ReadingBy Oliver Darcy, CNN Business The White House believes that the press has “egg on their faces, yet again.” That’s according to a…
Continue ReadingBy Brian Fung, CNN Twitter appears to be battling a wave of celebrity and corporate impersonators on its platform who have quickly gamed the…
Continue ReadingBy Nikki Carvajal, CNN President Joe Biden said Twitter owner and Tesla CEO Elon Musk’s relationship with other countries was “worthy of…
Continue ReadingBy Clare Duffy, Oliver Darcy and Donie O’Sullivan, CNN Business Elon Musk has publicly clashed with a growing number of Twitter employees about…
Continue ReadingBy Chris Isidore, CNN Business Electric truckmaker Rivian delivered a mixed bag for investors in its third-quarter earnings report, after a brutal…
Continue ReadingBy Brian Fung, CNN Twitter owner Elon Musk pleaded with advertisers to keep using his platform on Wednesday as he sketched out his plans for user…
Continue ReadingBy Allison Morrow, CNN Business So, you won the lottery. Congrats! What do you do now? Once you’re done screaming and dancing in a shower of…
Continue ReadingBy Alicia Wallace, CNN Business The economy was top of mind for voters in the midterm elections, exit polls showed, adding even more weight to a…
Continue ReadingBy Danielle Wiener-Bronner, CNN Business Between warnings of a recession, high inflation and layoff fears, the news is bleak. Why not have some…
Continue ReadingBy Allison Morrow, CNN Business Sam Bankman-Fried, the crypto entrepreneur known for providing a financial lifeline to struggling firms in the…
Continue ReadingBy Matt Egan, CNN Business Phillips 66 is cutting at least 1,100 jobs by the end of this year as the refining giant seeks to slash costs and steer a…
Continue ReadingBy Nathaniel Meyersohn, CNN Business Adidas ended its sneaker partnership with Ye, formerly known as Kanye West, last month after the…
Continue ReadingBy Samantha Murphy Kelly, CNN Business Tesla drivers will soon be able to take a video call directly from their vehicle’s touchscreen…
Continue ReadingBy Oliver Darcy, CNN Business Rupert Murdoch, the media mogul who controls some of the most powerful organs in conservative media, appeared to make…
Continue ReadingBy Chris Isidore and Vanessa Yurkevich, CNN Business The threat of a freight railroad strike has been pushed back to early December, as four major…
Continue ReadingBy Reuters Tens of thousands of British nurses will go on strike for the first time over demands for better pay, their trade union said on Wednesday,…
Continue ReadingBy Matt Egan It’s never a great time to carry credit card debt. But right now is arguably the worst time. The Federal Reserve’s war on…
Continue ReadingBy Nathaniel Meyersohn, CNN Business If residents of Alabama, Utah, Alaska, Hawaii or Nevada wanted a chance to win this week’s record…
Continue ReadingBy Frank Pallotta, CNN Business Changes are coming for Wordle … again. For starters the New York Times this week named Tracy Bennett the new…
Continue ReadingBy Paul R. La Monica, CNN Business Wall Street was betting on a red wave in the midterm elections Tuesday. But it appears that didn’t happen.…
Continue ReadingBy Allison Morrow, CNN Business So, you won the lottery. Congrats! What do you do now? Once you’re done screaming and dancing in a shower of…
Continue ReadingBy Julia Horowitz, CNN Business The world may be losing the fight against the climate crisis, but investors are still willing to throw money at oil…
Continue ReadingBy Anna Bahney, CNN Business Redfin is set to shutter its home-flipping business and reduce its workforce by 13%, laying off 862 employees. About 264…
Continue ReadingBy Stella Chan, CNN The owner of Joe’s Service Center in Altadena, California, who came to the United States from Syria in 1980 with $14,000 in…
Continue ReadingBy Allison Morrow, CNN Business In an abrupt reversal, cryptocurrency exchange Binance pulled out of a deal to acquire its embattled rival FTX,…
Continue ReadingBy Anna Cooban and Chris Stern, CNN Business The German government has blocked the sale of one of its semiconductor factories to a Chinese-owned tech…
Continue ReadingBy Oliver Darcy, CNN Business The White House believes that the press has “egg on their faces, yet again.” That’s according to a…
Continue ReadingBy Jackie Wattles, CNN Business A cargo spacecraft successfully docked with the International Space Station Wednesday morning, despite making its…
Continue ReadingBy Nicole Goodkind, CNN Business The results of Tuesday’s midterm elections will set the agenda for the next Congress. That could mean changes…
Continue ReadingBy Nicole Goodkind, CNN Business The results of Tuesday’s midterm elections will set the agenda for the next Congress. That could mean changes…
Continue ReadingBy Catherine Thorbecke, CNN Business Facebook parent company Meta on Wednesday said it is laying off 11,000 employees, marking the most significant…
Continue ReadingBy Eoin McSweeney and Ella Nilsen, CNN China and the other 104 members of the Asian Infrastructure Investment Bank are “deeply committed”…
Continue ReadingBy Chris Isidore, CNN Business Elon Musk sold $3.95 billion worth of Tesla stock since completing his purchase of Twitter late last month.…
Continue ReadingBy Paul R. La Monica, CNN Business US stocks were mostly unchanged in premarket trading as results from Tuesday’s midterm elections rolled in.…
Continue ReadingBy Paul R. La Monica, CNN Business US stocks were mostly unchanged in premarket trading as results from Tuesday’s midterm elections rolled in.…
Continue ReadingBy Swati Gupta, Rhea Mogul, Sandi Sidhu and Mohit Lathiya, CNN A marigold garland hangs across a photo frame with the faces of 12 members of the…
Continue ReadingBy Brian Fung, CNN A new verification mark intended to better identify prominent Twitter accounts has instead become the latest source of chaos at…
Continue ReadingBy Catherine Thorbecke, CNN Business Meta CEO Mark Zuckerberg told company executives that major layoffs at the tech giant will begin on Wednesday…
Continue ReadingBy Frank Pallotta, CNN Business Disney’s fourth quarter earnings were a mix of good and bad news for the company. The good: the company added…
Continue ReadingBy Matt Egan, CNN Business Wall Street is waiting for the results of Tuesday’s midterm election like the rest of the world, but traders say…
Continue ReadingBy Brian Fung, CNN Business The European Union is taking a closer look at Microsoft’s proposed $68.7 billion purchase of video game giant…
Continue ReadingBy Paul R. La Monica, CNN Business #RedWave? #VoteBlue? Wall Street saw green on this midterm Election Day. Stocks ended Tuesday with solid gains,…
Continue ReadingBy Paul R. La Monica, CNN Business #RedWave? #VoteBlue? Wall Street saw green on this midterm Election Day. Stocks ended Tuesday with solid gains,…
Continue ReadingBy Aya Elamroussi and Dakin Andone, CNN A lone winning ticket for the record $2.04 billion Powerball lottery jackpot was sold in Altadena,…
Continue ReadingBy Julia Horowitz, CNN Business A woman maneuvers her car onto a street called “Wits’ End.” The sky is an ominous red, and strange…
Continue ReadingIt’s Election Day in America, and some companies are offering deals and freebies to mark the occasion, while others are giving employees time off to…
Continue ReadingBy Jeanne Sahadi, CNN Business The abrupt and unceremonious way that thousands of Twitter employees got laid off last week was a spectacle. But it…
Continue Reading“Top Gun: Maverick” was never going to be an easy…
Continue ReadingBy Peter Valdes-Dapena, CNN Business California has long been a leader among states, and even countries, in promoting a shift to electric cars,…
Continue ReadingBy Nathaniel Meyersohn, CNN Business If residents of Alabama, Utah, Alaska, Hawaii or Nevada wanted a chance to win this week’s record…
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