Netflix is trying to beat competitors by adding video games
By Frank Pallotta, CNN Business Netflix is the king of streaming with more than 200 million subscribers. But now it appears the platform has set its…
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An 18-year-old is going to space with Jeff Bezos
By Jackie Wattles, CNN Business The mystery bidder who put up a whopping $28 million for an 11-minute joy ride to the edge of space alongside Jeff…
Continue Reading Bezos donates $200 million to Smithsonian, the biggest gift in the museum’s history
By Alison Kosik, CNN The Smithsonian said Thursday that Jeff Bezos will donate $200 million to the museum, the largest gift the institution has…
Continue Reading ‘The Witcher’ celebrated at first WitcherCon
The hit novel, video game and Netflix series celebrates its inaugural fan convention. Rick Damigella…
Continue Reading One of the biggest names in craft beer is hopping over to the cannabis business
By Alicia Wallace, CNN Business Nearly 20 years ago, a batch of hand-canned beers started a seismic shift in the craft beer industry. Now the man…
Continue Reading US sues Amazon for selling dangerous products
By Chris Isidore, CNN Business The US Consumer Product Safety Commission says Amazon is selling hazardous products to its customers. The federal…
Continue Reading Famous Dutch crime journalist Peter R. de Vries dies in hospital after being shot in the street
By Mick Krever and Eliza Mackintosh, CNN Dutch crime journalist Peter R. de Vries has died just over a week after being shot in the head in…
Continue Reading Lyft is bringing back a version of shared rides
By Sara Ashley O’Brien, CNN Business Shared rides were a key part of how the founders of Uber and Lyft envisioned disrupting transportation.…
Continue Reading This is why American companies still want to be in China
By Julia Horowitz, CNN Business It’s difficult for American companies to operate in China. But the latest data on the country’s economy…
Continue Reading The UK has a new $33 billion tech giant
By Charles Riley, CNN Business There’s a new super-unicorn in the United Kingdom. Revolut has been valued at $33 billion in a new fundraising…
Continue Reading Mastercard has been banned from issuing new cards in India
By Michelle Toh, CNN Business Mastercard has been ordered to stop taking new customers in India, as authorities there say it violated the…
Continue Reading India is bombarding Twitter with user data requests and demands to remove content
By Diksha Madhok, CNN Business Twitter is under enormous pressure in India this year. But even before the country rolled out strict new rules for…
Continue Reading Experts say China’s economy is losing steam. Here’s why
China’s economy is still growing but the pace of its recovery slowed in the second quarter of 2021 as the country dealt with surging commodity prices…
Continue Reading Johnson and Johnson recalls some Neutrogena and Aveeno sunscreens after it detects benzene in them
By Rob McLean, CNN Business Johnson & Johnson is issuing a voluntary recall for five Neutrogena and Aveeno sunscreen lines in the United States…
Continue Reading China’s economy is still growing. But the recovery is slowing down
By Laura He, CNN Business China’s economy is still growing, but the pace of its recovery slowed in the second quarter as the country contended…
Continue Reading Fed Chair: Inflation likely to remain elevated in coming months
Federal Reserve Chair Jerome Powell testifies before Congress and explains that inflation will remain elevated for the next six months. CNN’s Clare…
Continue Reading The gulf between what you and your boss make is getting wider
By Allison Morrow, CNN Business Editor’s Note: A version of this story appeared in CNN Business’ Nightcap newsletter. To get it in your…
Continue Reading NHTSA warns of fire hazard with certain Chevy Bolt EVs
By Rob McLean, CNN Business The National Highway Traffic Safety Administration is recommending owners of certain Chevy Bolt EVs park their cars…
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Idaho Lottery gives back $72.5 million
The Idaho Lottery celebrated 32 years of entertainment and games by returning the single largest annual dividend of $72.5…
Continue Reading As airlines flirt with profitability, analysts say it’s time for investors to climb aboard
By Chris Isidore, CNN Business The US airlines reported yet another round of quarterly losses. It could very well be their last, as vaccine rates…
Continue Reading There’s only one left of this popular toy. It’s going for $28,000
By Parija Kavilanz, CNN Business Here’s one example of how pretty much everything is getting more expensive: A toy that used to cost $25 is now…
Continue Reading Twitter’s disappearing Snapchat clone… disappears
By Clare Duffy, CNN Business Most major social media platforms have tried a version of Snapchat’s Stories, but Twitter is the first to admit…
Continue Reading Biden’s executive order takes on right-to-repair. It could make fixing your smartphone easier
By Clare Duffy, CNN Business Your smartphone breaks. The repair costs too much money. So you give up and buy a new device. That this happens so often…
Continue Reading CEOs made 299 times more than their average workers last year
By Moira Ritter, CNN Business The difference between CEO and median employee pay grew in 2020 despite the Covid pandemic and ongoing relief efforts.…
Continue Reading Why inflation may not go away anytime soon
By Matt Egan, CNN Business America’s finance chiefs don’t think inflation will go away overnight. Chief financial officers, on average,…
Continue Reading There could be a digital euro by the middle of the decade
By Julia Horowitz, CNN Business The European Central Bank is moving ahead with efforts to create a digital version of the euro as the use of cash…
Continue Reading Facebook seeks FTC Chair Lina Khan’s recusal from anti-monopoly case
By Brian Fung, CNN Business Facebook said Wednesday that recently appointed Federal Trade Commission Chair Lina Khan should recuse herself from all…
Continue Reading Europe aims to kill gasoline and diesel cars by 2035
By Charles Riley, CNN Business The European Union has announced plans to end the sale of polluting vehicles by 2035, an ambitious goal that would put…
Continue Reading Restaurants say inflation could force them out of business without federal help
By Chauncey Alcorn, CNN Business Restaurant owners can add the rising cost of food to their growing list of challenges. Inflation is on the rise…
Continue Reading Surging prices: Key measure of inflation posts biggest 12-month jump on record
By Chris Isidore, CNN Business US wholesale prices posted the biggest 12-month increase on record. That’s the bad news. But the US economy…
Continue Reading Fitch warns US politics could hurt credit rating
Fitch Ratings said that governance is a “weakness” for the United States, specifically citing the January 6 insurrection and ongoing efforts to curb…
Continue Reading Inflation is running hot. What comes next matters most
By Julia Horowitz, CNN Business US prices continue to march higher, triggering concerns among economists, policymakers and business leaders about the…
Continue Reading Which billionaire is winning the space race? It depends
By Jackie Wattles, CNN Business Jeff Bezos, Elon Musk and Richard Branson have a combined net worth of $400 billion, roughly the size of the GDP of…
Continue Reading Space tourism won’t be affordable for the masses any time soon
By Chris Isidore, CNN Business Billionaires Richard Branson and Jeff Bezos are ready start offering trips to outer space. But only other billionaires…
Continue Reading Amazon is helping a Chinese upstart make a comeback in India after its app was banned
By Michelle Toh, CNN Business Shein, a fast fashion website that has emerged as a fierce competitor to Zara, is making its return to India —…
Continue Reading Zomato is raising $1.3 billion in India’s biggest tech IPO
By Diksha Madhok, CNN Business India’s biggest tech IPO is here. Food delivery startup Zomato is looking to raise almost $1.3 billion this week…
Continue Reading Fox airs infotainment instead of Biden’s speech on voting rights
By Brian Stelter, CNN Business A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free…
Continue Reading CNN analyst on Biden’s speech: Oratory was brilliant, but he didn’t mention this …
In Pennsylvania, President Joe Biden spoke about voting restrictions pushed by Republican lawmakers as Biden urges Congress to pass federal voting…
Continue Reading Everything’s expensive. Don’t panic
By Allison Morrow, CNN Business Editor’s Note: A version of this story appeared in CNN Business’ Nightcap newsletter. To get it in your…
Continue Reading ‘A Quiet Place, Part II’ and ‘Black Widow’ show that theaters and streaming can coexist
By Frank Pallotta, CNN Business Streaming vs. movie theaters: It’s a conflict that has dominated the Hollywood narrative over the last few…
Continue Reading America’s deep political fissures could cost the country its perfect credit rating
By Matt Egan, CNN Business Fitch Ratings warned on Tuesday that the United States could lose its perfect credit rating due in part to the ongoing…
Continue Reading Ransomware gang that hit meat supplier mysteriously vanishes from the internet
By Brian Fung, Zachary Cohen and Geneva Sands, CNN Business REvil, the ransomware gang that attacked meat supplier JBS Foods this spring and a major…
Continue Reading How to prepare your finances now that things are opening up
By Jazmin Goodwin, CNN Business It’s been more than a year since the pandemic started, and the US economy is showing signs of recovery.…
Continue Reading Here’s everything you need to know about ransomware
Ransomware attacks are on the rise with an estimated $350 million paid out in ransom in 2020. Here’s everything you need to know and how to prepare…
Continue Reading What it’s really like to negotiate with ransomware attackers
By Brian Fung and Clare Sebastian, CNN Business The most critical moment in a ransomware negotiation usually comes long before the victim and the…
Continue Reading Popeyes’ chicken sandwich is so popular it’s adding nuggets to the menu
By Danielle Wiener-Bronner, CNN Business After the wild success of its chicken sandwich, Popeyes is adding more poultry to its menu with the launch…
Continue Reading Coke is giving one of its most popular drinks a makeover
By Danielle Wiener-Bronner, CNN Business If you’re a big fan of Coca-Cola Zero Sugar, you may want to brace yourself: The recipe for your…
Continue Reading Car prices are through the roof. These are the other pricey parts of the new American life
By Moira Ritter, CNN Business There’s no escaping it: Prices are rising across the board, including all the essentials — food, clothing…
Continue Reading Prices keep soaring: Inflation rockets to a 13-year high
By Chris Isidore, CNN Business Prices keep rising in the United States, putting a squeeze on American consumers’ wallets. That trend got worse…
Continue Reading Goldman Sachs posts $5.5 billion profit as the stock market booms
By Paul R. La Monica, CNN Business Goldman Sachs, once known as the Vampire Squid of Wall Street, may have gotten a friendlier makeover under CEO…
Continue Reading Corporate America is used to making money. But not like this
By Julia Horowitz, CNN Business It’s been quite some time since Corporate America saw numbers this good. What’s happening: Earnings…
Continue Reading Boeing discloses a new problem with the 787 Dreamliner
By Chris Isidore, CNN Business Even when Boeing has its best month in years, it has problems. Boeing on Tuesday disclosed a new issue with the 787…
Continue Reading JPMorgan’s profit spikes 155% as US economy booms
By Matt Egan, CNN Business JPMorgan Chase is minting money as the US economy races back from the pandemic. America’s largest bank said Tuesday…
Continue Reading OPEC+ stalemate threatens the pandemic recovery
By Hanna Ziady, CNN Business The failure by major oil producers to agree on supply increases could elevate fuel prices, stoking inflation and…
Continue Reading France hits Google with a $600 million fine
By Charles Riley and Saskya Vandoorne, CNN Business France’s antitrust regulator has fined Google nearly $600 million and given the company two…
Continue Reading Tencent just got a bit of good news from Chinese regulators on its Sogou deal
By Michelle Toh, CNN Business Chinese regulators have cleared the way for Tencent to take complete control of Sogou, a major search engine that could…
Continue Reading Global demand for Chinese-made goods is soaring and shipping delays are easing too
By Laura He, CNN Business Demand for Chinese-made goods is soaring as the world continues to bounce back from the pandemic. That’s helping to…
Continue Reading Authors of new book depict ‘Facebook’s dilemma and its ugly truth’
By Brian Stelter, CNN Business A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free…
Continue Reading Richard Branson’s flight was a stunt. It was still pretty cool
By Allison Morrow, CNN Business Editor’s Note: A version of this story appeared in CNN Business’ Nightcap newsletter. To get it in your…
Continue Reading Microsoft to acquire cybersecurity firm RiskIQ as cyber threats mount
By Clare Duffy, CNN Business Microsoft on Monday announced that it’s buying cybersecurity firm RiskIQ to help companies better protect…
Continue Reading Disney and big banks lead stocks to new all-time highs
By Paul R. La Monica, CNN Business So much for Wall Street’s bulls selling in May and going away on summer vacation. The Dow hit a new all-time…
Continue Reading Unicorns are off to a hot start in 2021. Many more are on the way
By Paul R. La Monica, CNN Business A parade of high-profile companies, including Coinbase, Bumble, Oatly, SoFi and Roblox, made their stock market…
Continue Reading Prices are going up on almost everything. Here’s why
CNN Business breaks down the price hikes customers are seeing at the grocery store, the gas tank, the car lot, and…
Continue Reading Here’s why straight-to-streaming blockbusters might never work
As a result of the pandemic, studios started releasing movies in theaters and on streaming on the same day. But is that really a good thing? CNN…
Continue Reading Berkshire Hathaway scraps pipeline purchase because of antitrust concerns
By Paul R. La Monica, CNN Business Warren Buffett may be one of the richest people on the planet, but even the Oracle of Omaha has to recognize the…
Continue Reading British media baron could take the Daily Mail private
By Hanna Ziady, CNN Business The aristocratic family behind the Daily Mail is considering taking the tabloid newspaper off the London Stock Exchange,…
Continue Reading Why the ‘billionaires beat’ is becoming more important
Brian Stelter says the billionaire space race between Richard Branson, Jeff Bezos and Elon Musk showcases the need to cover power and influence with…
Continue Reading Richard Branson made it to space. Investors see a future for the business
By Julia Horowitz, CNN Business Billionaire Richard Branson’s successful trip to space has bolstered enthusiasm among investors who see an…
Continue Reading Sirisha Bandla, India-born woman and Virgin Galactic executive, flies into space with Richard Branson
By Diksha Madhok, CNN Business Indians on Twitter — from top politicians to business executives — are celebrating one of the women who flew to…
Continue Reading Branson’s advice to Bezos after historic space flight
CNN’s Rachel Crane speaks with Virgin Galactic founder Richard Branson after his historic trip to…
Continue Reading After Didi’s disastrous IPO, China looks to extend its control over overseas listings
By Laura He, CNN Business China’s crackdown on Big Tech just keeps growing. The Cyberspace Administration of China (CAC) — the…
Continue Reading Didi shares plummet after China bans it from app stores
Didi shares plunged as much as 22% in premarket trading as fallout continued over news of the company’s troubles in China. CNN’s David Culver…
Continue Reading Tucker Carlson is ‘furious’ at Fox News executives for not supporting his NSA spying claims, sources say
By Brian Stelter and Oliver Darcy, CNN Business Tucker Carlson is furious with Fox News executives for not vigorously defending him amid his…
Continue Reading Richard Branson lands safely after rocketing to outer space
Richard Branson became the first person to ride into space aboard a rocket he helped fund. The supersonic space plane developed by his company,…
Continue Reading Newsrooms will shape how the world sees the billionaire space race
By Alexis Benveniste, CNN Business Richard Branson became the first billionaire to reach suborbital flight in his own rocket-powered plane Sunday,…
Continue Reading See moment Branson rockets into space
Watch video from Virgin Galactic showing Richard Branson’s space plane’s engine ignite sending the billionaire into outer space. CNN’s Kristin Fisher…
Continue Reading Black-owned restaurants are finding a lifeline in food trucks and ghost kitchens
By Chauncey Alcorn, CNN Business As business dried up during Covid-19 lockdowns last year, many restaurants fell behind on rent and had to lay off…
Continue Reading See moment Branson rockets into space
Watch video from Virgin Galactic showing Richard Branson’s space plane’s engine ignite sending the billionaire into outer space. CNN’s Kristin Fisher…
Continue Reading Virgin Galactic founder Richard Branson successfully rockets to outer space
By Jackie Wattles, CNN Business Richard Branson became the first person to ride into space aboard a rocket he helped fund. The supersonic space plane…
Continue Reading ‘Black Widow’ is a big hit in theaters and on Disney+
By Frank Pallotta, CNN Business Marvel saved the day again. And this time it was in theaters and on Disney+. “Black Widow,” the latest…
Continue Reading Inflation is rising but the reasons why are changing
By Anneken Tappe and Hanna Ziady, CNN Business Americans have witnessed some wild price hikes over the past few months. Shortages and supply chain…
Continue Reading Insider trading charges filed over Long Island Iced Tea’s blockchain ‘pivot’
By Matt Egan, CNN Business As the bitcoin craze took off in 2017, a Long Island iced tea company sent its share price spiking as much as 380% merely…
Continue Reading Engagement ring sales soar as Americans recover from the pandemic
By Alexis Benveniste, CNN Business The wedding industry is rebounding as the United States recovers from the pandemic. And with glimmers of normality…
Continue Reading Here are just some of Richard Branson’s near-death experiences ahead of his first space flight
By Chris Isidore, CNN Business Richard Branson, the billionaire entrepreneur who is set to take a test flight on his Virgin Galactic spaceship to the…
Continue Reading Billionaires race to be first in space
CNN’s Rachel Crane looks at the race between billionaires Jeff Bezos and Richard Branson to be the first in…
Continue Reading Twitter is a mess in India. Here’s how it got there
By Diksha Madhok, CNN Business Twitter is going through an extraordinarily tough year in India. But the company’s response to the turmoil has…
Continue Reading ‘News for the Rich, White and Blue’: New book argues that chasing subscription dollars is bad for journalism
By Brian Stelter, CNN Business A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free…
Continue Reading Everything you need to know about Richard Branson going to space
By Jackie Wattles, CNN Business Richard Branson has boldly gone where no space baron has gone before, when he rocketed to more than 50 miles above…
Continue Reading Richard Branson on space flight: I’m going to enjoy every second
Virgin Galactic founder Richard Branson will travel to space on a rocket-powered plane. CNN’s Rachel Crane reports from New Mexico where the launch…
Continue Reading Iceland’s shorter work week trials deemed a success
Public sector employees taking part in two large trials between 2015 and 2019 worked 35-36 hours per week, with no reduction in pay. CNN’s Clare…
Continue Reading US stocks set new records as Delta variant worries remain
By Anneken Tappe, CNN Business US stocks rallied to record highs on Friday, rebounding from Thursday’s selloff. The Dow closed 1.3% higher, or…
Continue Reading Why Marvel’s ‘Black Widow’ is a major moment for Disney+ and movie theaters
By Frank Pallotta, CNN Business Superhero fans have longed to hear it: A new Marvel movie is being released this weekend. And this one won’t…
Continue Reading This is one of the best ways to get tax-free retirement savings
By Jeanne Sahadi, CNN Business Of all the tax advantaged ways to save for retirement, the Roth IRA is one of the best. Though you don’t get a…
Continue Reading Goldman Sachs bets England will beat Italy this weekend, but…
By Paul R. La Monica, CNN Business Here’s some good news for long-suffering fans of England’s football (aka soccer) team. Goldman Sachs…
Continue Reading Italy defeat Spain on penalties to move onto the Euro 2020 final
Italy defeated Spain on penalties in the first semifinal of Euro 2020 to move onto the final where they await the winner of England vs.…
Continue Reading Wells Fargo is closing all personal lines of credit
Wells Fargo is shutting down all of its existing personal lines of credit, sparking outrage from consumers and…
Continue Reading Automakers are tech companies now
By Charles Riley, CNN Business The world’s biggest automakers don’t have much in common with tech companies. Volkswagen and General…
Continue Reading Apple co-founder Steve Wozniak: ‘It’s time to recognize the right to repair’
By Michelle Toh, CNN Business Woz is throwing his weight behind the “right to repair” movement. Apple co-founder Steve Wozniak, known in…
Continue Reading Richard Branson says he isn’t in a race with Jeff Bezos. But, like, come on
By Allison Morrow, CNN Business Editor’s Note: A version of this story appeared in CNN Business’ Nightcap newsletter. To get it in your…
Continue Reading Olympics 2021: NBC faces ‘hell of a challenge’ producing Tokyo Games after spectators are barred from competitions
By Oliver Darcy, CNN Business NBC was presented with a new challenge producing the 2021 Olympic Games on Thursday after organizers said that…
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