Earnings season tells a tale of two economies
By Julia Horowitz, CNN Business Another strong earnings season is cheering investors and pushing US stocks to record highs. What’s happening:…
Continue ReadingBy Julia Horowitz, CNN Business Another strong earnings season is cheering investors and pushing US stocks to record highs. What’s happening:…
Continue ReadingBy Julia Horowitz, CNN Business Another strong earnings season is cheering investors and pushing US stocks to record highs. What’s happening:…
Continue ReadingBy Pete Muntean, CNN Southwest Airlines says it is launching an internal investigation after a report that one of its pilots used anti-Biden slang…
Continue ReadingBy Jordan Valinsky, CNN Business It’s hard to relax on a flight, but Peloton is hoping to help. The fitness company is partnering with Delta…
Continue ReadingBy Jill Disis, CNN Business China’s big factories just had their worst month since the Covid-19 pandemic began, underscoring the scale of the…
Continue ReadingBy Mark Thompson, CNN Business The American chief executive of Barclays, Jes Staley, is stepping down with immediate effect following an…
Continue ReadingBy Michelle Toh, CNN Business Kuaishou, the Chinese short video-sharing app that’s known as a popular alternative to TikTok, has replaced its…
Continue ReadingBy Brian Stelter, CNN Business A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free…
Continue ReadingBy Pete Muntean, CNN Southwest Airlines says it is launching an internal investigation after a report that one of its pilots used anti-Biden slang…
Continue ReadingBy Chris Isidore, CNN Business Canceled flights, packed planes, rising fares and violent outbursts are the new normal for air travel. Flying is…
Continue ReadingBy Brian Stelter, CNN Business A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free…
Continue ReadingBy Ramishah Maruf, CNN Business CNN media analyst Bill Carter compared Rupert Murdoch to a “robber baron” on “Reliable…
Continue ReadingBy Frank Pallotta, CNN Business Fire alarms, teasing Tom Brady and flipping the double bird on live television. These are just some of the viral…
Continue ReadingBy Frank Pallotta, CNN Business This Halloween caps off a strong October for the North American box office. The holiday season could be even merrier.…
Continue ReadingBy Peter Valdes-Dapena, CNN Business Whenever traffic slowed, which happens a lot when you’re heading out of New York City on a Friday…
Continue ReadingBy Nathaniel Meyersohn and Anneken Tappe, CNN Business You’ve probably noticed that prices have gone up on groceries, essentials, home…
Continue ReadingBy Julia Horowitz, CNN Business As world leaders gather in Glasgow for the COP26 climate summit on Sunday, there are plenty of reasons for companies…
Continue ReadingBy Pete Muntean and Ramishah Maruf, CNN American Airlines canceled another 634 flights on Sunday, more than 12% of its total operations for the day,…
Continue ReadingBy Jessie Yeung and Swati Gupta, CNN Anish Yadav was sleeping in his home, a fragile hut made of wood and plastic, when the water rushed in. A…
Continue ReadingBy Ramishah Maruf, CNN Business GameStop chief operating officer Jenna Owens is leaving the company seven months after joining it, the company said…
Continue ReadingBy Ramishah Maruf and Pete Muntean, CNN Business American Airlines canceled hundreds of flights during the weekend, citing bad weather and staffing…
Continue ReadingVanessa Yurkevich, CNN Business John Deere and the United Auto Workers Union have reached a new tentative agreement, more than two weeks after 10,000…
Continue Readingby Oliver Darcy, CNN Business A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free…
Continue Readingby Oliver Darcy, CNN Business A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free…
Continue ReadingBy Sana Noor Haq, CNN Social media users in Israel are mocking Facebook’s company name change to Meta, as it sounds similar to the Hebrew word…
Continue ReadingBy Sara Ashley O’Brien, CNN Business This week in the criminal trial of Elizabeth Holmes, jurors heard how the billionaire family of former…
Continue ReadingBy Tara Subramaniam, CNN Business One week ago, a consortium of 17 news outlets, including CNN, began publishing a damning series of stories —…
Continue ReadingA Maryland man just claimed his second $2 million lottery prize, after winning the first one several years…
Continue ReadingBy Julia Horowitz, CNN Business The people who made their fortunes in the oil capital of Europe need a new plan. For decades, Aberdeen, a port city…
Continue ReadingBy Ramishah Maruf, CNN Business Billionaire Charlie Munger is bankrolling the design of a massive dormitory at the University of California, Santa…
Continue ReadingBy Paul R. La Monica, CNN Business October may be notorious for big market crashes. But this month was more of a Rocktober than Shocktober for…
Continue ReadingBy Paul R. La Monica, CNN Business October may be notorious for big market crashes. But this month was more of a Rocktober than Shocktober for…
Continue ReadingBy Paul R. La Monica, CNN Business October may be notorious for big market crashes. But this month was more of a Rocktober than Shocktober for…
Continue ReadingBy Nathaniel Meyersohn, CNN Business Amazon’s rise has been relentless for more than a decade, with regulators and rivals alike failing to slow…
Continue ReadingBy Sean Lyngaas, CNN Business A Minnesota man has been charged with hacking into computer systems used by Major League Baseball and trying to extort…
Continue ReadingBy Julia Horowitz, CNN Business What will dominate this holiday shopping season: Huge demand, as shoppers use pent-up savings to splurge, or supply…
Continue ReadingBy Chris Isidore, CNN Business Profits soared at the nation’s two largest oil companies, as ExxonMobil and Chevron both benefited from the…
Continue ReadingWalé Azeez, CNN Business The United Kingdom is pushing ahead with legislation that will force more than 1,300 of its largest companies to disclose…
Continue ReadingBy Matt Egan, CNN Business Oil prices are unlikely to stay elevated for long, Chevron’s chief financial officer told CNN. “This feels…
Continue ReadingBy Rishi Iyengar, CNN Business In early 2019, a team of Facebook’s researchers spent two weeks interviewing 30 users across two Indian cities,…
Continue ReadingBy Chris Isidore, CNN Business Profits soared at the nation’s two largest oil companies, as ExxonMobil and Chevron both benefited from the…
Continue ReadingBy Chris Isidore, CNN Business Profits soared at the nation’s two largest oil companies, as ExxonMobil and Chevron both benefited from the…
Continue ReadingBy Hannah Ritchie and Esha Mitra, CNN Indian actor Puneeth Rajkumar has died aged 46 after suffering cardiac arrest on Friday, according to a…
Continue ReadingBy Laura He, CNN Business For the second time this month, China’s most indebted developer Evergrande has reportedly managed to avoid default at…
Continue ReadingBy Anna Bahney, CNN Business Waiting for the wild housing market to calm down before buying a place? Don’t bother, said Barbara Corcoran, the…
Continue ReadingBy Marshall Cohen A January 6 rioter who downplayed the insurrection in a Fox News interview one day after she was sentenced to probation for…
Continue ReadingBy Amir Vera, CNN News of Facebook’s new company name, Meta, quickly attracted the scorn of the internet. “The only meta we…
Continue ReadingBy Moira Ritter, CNN Business Whole Foods shoppers may have received a shock this week if they noticed a new $9.95 delivery fee on orders placed…
Continue ReadingBy Clare Duffy and Rishi Iyengar, CNN Business Even Amazon and Apple are grappling with the global supply chain crunch. Both companies reported…
Continue ReadingBy Clare Duffy and Rishi Iyengar, CNN Business Even Amazon and Apple are grappling with the global supply chain crunch. Both companies reported…
Continue ReadingBy Amir Vera, CNN News of Facebook’s new company name, Meta, quickly attracted the scorn of the internet. “The only meta we…
Continue ReadingBy Matt Egan, CNN In the wake of the revelations in the Facebook Papers, Patagonia CEO Ryan Gellert on Thursday called for companies to join the…
Continue ReadingBy Anna Bahney, CNN Business Waiting for the wild housing market to calm down before buying a place? Don’t bother, said Barbara Corcoran, the…
Continue ReadingBy Anna Bahney, CNN Business Waiting for the wild housing market to calm down before buying a place? Don’t bother, said Barbara Corcoran, the…
Continue ReadingBy Rishi Iyengar, CNN Business Activision Blizzard CEO Bobby Kotick has asked the company’s board to slash his pay to the “lowest amount…
Continue ReadingBy Clare Duffy, CNN Business Ohio Attorney General Dave Yost on Monday announced that he is suing Meta, the social media giant formerly known as…
Continue ReadingBy Matt Egan, CNN Business Citigroup told staff Thursday that US-based employees will be required to get fully vaccinated if they want to stay…
Continue ReadingBy Oliver Darcy, CNN Business Is Rupert Murdoch a 1/6 or election truther? The conservative media mogul hasn’t weighed in directly on the…
Continue ReadingBy Paul R. La Monica, CNN Business Fintech giants Square and PayPal are taking Main Street by storm. More consumers, especially younger ones, are…
Continue ReadingBy Matt McFarland, CNN Business Jennifer Homendy, chair of the National Transportation Safety Board (NTSB), said Tuesday that the recent backlash…
Continue ReadingA large number of unvaccinated workers say they’ll quit their jobs if their employers follow upcoming federal rules to battle the COVID-19…
Continue ReadingBy Samantha Murphy Kelly, CNN Business Facebook is changing its company name as it shifts its focus to the “metaverse” and confronts…
Continue ReadingBy Allison Morrow, CNN Business It is a curse of the modern age that technology has rendered us incapable of experiencing beauty in real time — all…
Continue ReadingBy Matt Egan, CNN Business The framework on President Joe Biden’s $1.75 trillion economic and climate agenda calls for paying for the ambitious…
Continue ReadingBy Alicia Wallace, CNN Business When members of the cannabis industry descended upon Las Vegas last week for the biggest trade show in the business,…
Continue ReadingBy Alicia Wallace, CNN Business When members of the cannabis industry descended upon Las Vegas last week for the biggest trade show in the business,…
Continue ReadingBy Chris Isidore and Virginia Langmaid, CNN Business A large number of unvaccinated workers say they’ll quit their jobs if their employers…
Continue ReadingBy Anneken Tappe, CNN Business This summer, the American economic recovery hit a roadblock. The US economy grew at an annualized rate of only 2% in…
Continue ReadingBy Brian Stelter, CNN Business The Wall Street Journal’s Opinion section published a lengthy letter to the editor from Donald Trump on…
Continue ReadingBy Brian Stelter, CNN Business A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free…
Continue ReadingBy Anna Cooban, CNN Business Volkswagen thinks the worst of the global chip shortage is in its rear-view mirror. CEO Herbert Diess told CNN Business…
Continue ReadingBy Anneken Tappe, CNN Business This summer, the American economic recovery hit a roadblock. The US economy grew at an annualized rate of only 2% in…
Continue ReadingBy Nathaniel Meyersohn, CNN Business It’ll be a very merry Christmas for America’s biggest retailers. Retail sales in November and…
Continue ReadingBy Julia Horowitz, CNN Business As world leaders prepare to gather in Glasgow for the COP26 climate summit, an activist investor is telling one of…
Continue ReadingBy Jordan Valinsky, CNN Business A prominent venture capitalist is under fire for calling new dads “losers” if they take months of…
Continue ReadingBy Matt Egan, CNN Business Oil prices are unlikely to stay elevated for long, Chevron’s chief financial officer told CNN. “This feels…
Continue ReadingBy Matt Egan, CNN Business Americans are already dealing with sticker shock at the grocery store and when filling up at the pump. Next up: Home…
Continue ReadingBy Brian Stelter, CNN Business A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free…
Continue ReadingBy Brian Stelter, CNN Business The Wall Street Journal’s Opinion section published a lengthy letter to the editor from Donald Trump on…
Continue ReadingBy Samantha Murphy Kelly, CNN Business Google is now making it easier for minors or their parents to have photos of them deleted from search results.…
Continue ReadingBy Chris Isidore, CNN Business As with most automakers, Ford’s earnings took a hit from the supply chain problems and computer chip shortage.…
Continue ReadingBy Jeanne Sahadi, CNN Business Cryptocurrencies are usually characterized by wild price swings and extreme volatility. But there is one…
Continue ReadingAnna Cooban for CNN Business Uber CEO Dara Khosrowshahi said he hopes drivers who rent Teslas through Hertz will eventually end up buying them. Hertz…
Continue ReadingBy Paul R. La Monica, CNN Business Hertz has made a lot of headlines lately thanks to its deals with Tesla and Uber. Wall Street has noticed, too.…
Continue ReadingBy Nathaniel Meyersohn, CNN Business Costco this week raised its starting wage for hourly store workers in the United States for the second time this…
Continue ReadingBy Nathaniel Meyersohn, CNN Business Costco this week raised its starting wage for hourly store workers in the United States for the second time this…
Continue ReadingOpinion by Jim Parrott and Mark Zandi for CNN Business Perspectives The nation faces a dramatic housing shortage, sending home prices and rents…
Continue ReadingBy Vanessa Yurkevich, CNN Business A John Deere worker who was walking to the picket line Wednesday in Milan, Illinois, was struck and killed by a…
Continue ReadingBy Matt Egan, CNN Business Georgia Rep. Marjorie Taylor Greene bought as much as $50,000 worth of shares in a shell company that is merging with…
Continue ReadingBy Clare Duffy, CNN Business Facebook acknowledged to shareholders this week that it is facing “government investigations” related to the…
Continue ReadingBy Clare Duffy, CNN Business Facebook acknowledged to shareholders this week that it is facing “government investigations” related to the…
Continue ReadingBy Paul R. La Monica, CNN Business Only a week ago, Bitcoin hit an all-time high of nearly $67,000. But investors have been dumping the world’s…
Continue ReadingBy Danielle Wiener-Bronner, CNN Business Higher menu prices, celebrity meals and chicken sandwiches helped boost McDonald’s sales in the third…
Continue ReadingBy Allison Morrow, CNN Business We all had to find our own ways to cope with the pandemic lockdowns last year. Some people bought Pelotons and baked…
Continue ReadingBy Chris Isidore, CNN Business Housing prices are surging to new records with no end in sight. They’re being fueled by historically low…
Continue ReadingBy Rachel Metz, CNN Business Facebook said Tuesday it plans to stop using facial-recognition software that could automatically recognize people in…
Continue ReadingBy Chris Isidore, CNN Business Boeing’s 737 Max troubles are improving, the company’s quarterly results released Wednesday showed — but…
Continue ReadingBy Rachel Metz, CNN Business In late 2017, Facebook had a big problem: users were commenting on, “liking” and resharing posts less than…
Continue ReadingBy Samantha Murphy Kelly, CNN Business Google is now making it easier for minors or their parents to have photos of them deleted from search results.…
Continue ReadingBy Amy Woodyatt, CNN Business The chief executive and founder of shapewear company Spanx has surprised employees with two first-class plane tickets…
Continue Reading