Bob Iger’s biggest challenge at Disney: Finding the next Bob Iger
By Frank Pallotta, CNN Business Bob Iger has a lot on his to do list in his second round as Disney’s CEO. The 71 year-old newly unretired…
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Twitter is less safe due to Elon Musk’s management style, says former top official
By Brian Fung, CNN Business Twitter owner Elon Musk’s dictatorial management style risks driving the company headlong into unforced business…
Continue Reading Lamborghini’s last purely gas-powered supercar is a road car turned into an off-road monster
By Peter Valdes-Dapena, CNN Business The Lamborghini Huracán Sterrato, officially unveiled in Miami Wednesday will be the Italian automaker’s…
Continue Reading Global 4-day week pilot was a huge success, organizers say
By Anna Cooban, CNN Business The verdict is in: A four-day work week is good for business. After six months, most of the 33 companies and 903 workers…
Continue Reading China to punish internet users for ‘liking’ posts in crackdown after zero-Covid protests
By Laura He, CNN Business Internet users in China will soon be held liable for liking posts deemed illegal or harmful, sparking fears that the…
Continue Reading China to punish internet users for ‘liking’ posts in crackdown after zero-Covid protests
By Laura He, CNN Business Internet users in China will soon be held liable for liking posts deemed illegal or harmful, sparking fears that the…
Continue Reading China’s Zhengzhou, home to world’s largest iPhone factory, ends Covid lockdown. Other cities do the same
By Juliana Liu, CNN Business Major Chinese cities, including financial hub Shanghai and Zhengzhou — home to the world’s largest iPhone…
Continue Reading Businesses scramble to limit the damage of looming freight rail strike
By Matt Egan and Kate Trafecante, CNN From retailers and computer chip makers to the oil-and-gas industry, businesses are scrambling to find…
Continue Reading Twitter is less safe due to Elon Musk’s management style, says former top official
By Brian Fung, CNN Business Twitter owner Elon Musk’s dictatorial management style risks driving the company headlong into unforced business…
Continue Reading South Dakota governor bans state employees from using TikTok on government devices
By Stella Chan and Leslie Perrot, CNN South Dakota’s governor signed an executive order on Tuesday banning state agencies, employees and…
Continue Reading There’s a big problem with the Kroger-Albertsons supermarket merger
By Nathaniel Meyersohn, CNN Business When Christine Martinez found out last month that Kroger and Albertsons planned to merge in a deal worth nearly…
Continue Reading Mortgage giants raise loan limits to a record level for 2023
By Anna Bahney, CNN Business Mortgage giants Fannie Mae and Freddie Mac will raise the limits of government-backed loans to a record level for 2023,…
Continue Reading American consumers got holiday shopping off to a strong start
By Nathaniel Meyersohn, CNN Business Americans dished out for toys, televisions and clothing on Black Friday and into the holiday weekend, despite…
Continue Reading Two victims of Apple store crash file lawsuits claiming negligence
By Nicki Brown and Sabrina Souza, CNN Two victims injured when a car drove into an Apple store filed lawsuits Tuesday morning claiming various…
Continue Reading American consumers got holiday shopping off to a strong start
By Nathaniel Meyersohn, CNN Business Americans dished out for toys, televisions and clothing on Black Friday and into the holiday weekend, despite…
Continue Reading Snap demands employees work in office 80% of the time starting early next year
By Catherine Thorbecke, CNN Business Snapchat’s parent company is asking workers to return to the office 80% of the time, or the equivalent of…
Continue Reading McDonald’s is giving people the chance to win free food for life
By Jordan Valinsky, CNN Business For the holidays, McDonald’s is giving away free meals for life. Well, sort of. Beginning December 5, every…
Continue Reading US consumer confidence falls to lowest level since July
By Alicia Wallace, CNN Business US consumer confidence fell in November as inflation and economic uncertainty continued to loom large and potentially…
Continue Reading Is this the last Christmas for Sears?
By Chris Isidore, CNN Business Tracy Easterling spent about an hour Sunday shopping at Sears, which used to be one of her favorite stores. She ended…
Continue Reading What the heck happened to Salesforce?
By Paul R. La Monica, CNN Business Tech stocks have taken a nasty tumble this year, but some are doing even worse than others. Exhibit A: software…
Continue Reading AMC Networks CEO steps down after less than three months as network plans staff cuts
By Frank Pallotta, CNN Business AMC Networks is looking for a new CEO and plans to lay off 20% of its US workforce. After less than three months on…
Continue Reading Did the economy end 2022 with a bang or a whimper?
By Paul R. La Monica, CNN Recession alarm bells are sounding. But are they premature? Yes, retail sales tumbled in December as inflation took its…
Continue Reading McDonald’s is giving people the chance to win free food for life
By Jordan Valinsky, CNN Business For the holidays, McDonald’s is giving away free meals for life. Well, sort of. Beginning December 5, every…
Continue Reading Bank of America CEO predicts two years of pain ahead in the housing market
By Paul R. La Monica, CNN Business The CEO of one of the nation’s largest banks is preparing for an economic downturn in 2023. But he’s…
Continue Reading Rail unions decry Biden’s call for Congress to block strike. Businesses praise the plan
By Chris Isidore and Matt McFarland, CNN Business President Joe Biden was in the unusual position Tuesday of being praised by business interests and…
Continue Reading How an arcane 96-year-old law stopped the rail strike
By Chris Isidore, CNN Business Most labor disputes never end up being debated in Congress. But thanks to a nearly century-old law that regulates…
Continue Reading What protests in China may mean for the economy
By Nicole Goodkind, CNN Business Protests against China’s prolonged and restrictive Covid regulations spread across the country over the…
Continue Reading Twitter is no longer enforcing its Covid misinformation policy
By Donie O’Sullivan, CNN Business Twitter said it will no longer enforce its longstanding Covid misinformation policy, yet another sign of how…
Continue Reading The crypto winter claims Bitfront exchange as its latest casualty
By Diksha Madhok, CNN Business Bitfront, a crypto exchange backed by Japanese social media app Line, is shutting down after failing to overcome…
Continue Reading As China grapples with rare protests, Shanghai Disneyland shuts over Covid curbs once again
Simone McCarthy, CNN Business Shanghai Disneyland has been closed again because of China’s Covid restrictions, just days after reopening…
Continue Reading ‘White paper’ protests: China’s top stationery supplier says it’s still selling A4 sheets
By Laura He, CNN Business The rare protests that spread across China over the weekend often featured demonstrators holding pieces of blank white…
Continue Reading ‘White paper’ protests: China’s top stationery supplier says it’s still selling A4 sheets
By Laura He, CNN Business The rare protests that spread across China over the weekend often featured demonstrators holding pieces of blank white…
Continue Reading Elon Musk claims Apple has ‘threatened to withhold’ Twitter from its app store
By Clare Duffy, CNN Business Elon Musk on Monday claimed that Apple has “threatened” to pull Twitter from its iOS app store, a move that…
Continue Reading A Florida woman is suing Kraft for $5 million, saying Velveeta microwave mac and cheese takes longer to make than advertised
By Melissa Alonso and Zoe Sottile, CNN The label on a cup of Velveeta’s microwaveable mac and cheese says the meal only takes three and a half…
Continue Reading Lawsuit alleges billionaire investor Leon Black raped a woman inside Jeffrey Epstein’s home
By Ramishah Maruf, CNN Business Billionaire investor Leon Black has been sued by a woman alleging he “brutal[ly]” raped her at Jeffrey…
Continue Reading Twitter searches for China protests bombarded by spam and porn, raising alarms among researchers
By Brian Fung, CNN Business Twitter searches for the widespread Covid-19-related protests in China are returning a flood of spam, pornography and…
Continue Reading Twitter searches for China protests bombarded by spam and porn, raising alarms among researchers
By Brian Fung, CNN Business Twitter searches for the widespread Covid-19-related protests in China are returning a flood of spam, pornography and…
Continue Reading Baby product company recalls 10,500 of its stainless steel sippy cups over lead poisoning risk
By Zoe Sottile, CNN A baby product company has recalled around 10,500 sippy cups and bottles over lead poisoning risks. Green Sprouts, a North…
Continue Reading ‘Grave urgency’: Over 400 business groups plead with Congress to prevent rail strike
By Matt Egan More than 400 business groups are calling on Congressional leaders to be prepared to prevent a freight rail strike that could start…
Continue Reading ‘Grave urgency’: Over 400 business groups plead with Congress to prevent rail strike
By Matt Egan More than 400 business groups are calling on Congressional leaders to be prepared to prevent a freight rail strike that could start…
Continue Reading Dow tumbles 500 points but could actually end the year in the green
By Paul R. La Monica, CNN Business Most of 2022 has been pretty dismal for investors, and Monday was no exception: The Dow fell about 500 points, or…
Continue Reading US oil prices hit lowest level in nearly a year. Gas is down 6% in a month
By Anna Cooban, CNN Business US oil prices have fallen to their lowest level since December 2021 on concerns that protests in China against Covid-19…
Continue Reading Online Black Friday sales set a new record
By Jordan Valinsky, CNN Business Online Black Friday sales in the United States topped a record-breaking $9.12 billion this year, according to Adobe…
Continue Reading Sunday was the busiest day at US airports since before the pandemic
By Chris Isidore, CNN Business Sunday marked the busiest day at US airports since the start of the pandemic — and though bad weather caused…
Continue Reading Conscious spending: The finance approach that’s both smart and fun
By Kristen Rogers When you think of money, do you feel like living in the moment and being responsible are mutually exclusive? Does guilt eat at you…
Continue Reading BBC journalist ‘beaten and kicked by the police’ as protests spread across China
By Jennifer Deaton, CNN Business Edward Lawrence, a journalist at the BBC, was arrested by police in Shanghai at the scene of protests on Sunday…
Continue Reading Ford recalls over half a million SUVs after 20 fires break out
By Peter Valdes-Dapena, CNN Business Ford has announced another SUV recall, this time impacting about 520,000 Ford Escape and Bronco Sport compacts…
Continue Reading Puzzling debate over Roman coin authenticity could determine legacy of ‘fake’ emperor
Amarachi Orie, CNN Scientists in the United Kingdom say they have proven the authenticity of several Roman coins previously dismissed as forgeries…
Continue Reading A record $100 billion was paid out in life insurance benefits last year
By Jeanne Sahadi, CNN Business US life insurers paid out a record $100 billion in benefits in 2021, according to new data released Monday by the…
Continue Reading Irish regulator fines Meta $275 million for violations of Europe’s data privacy law
By Brian Fung, CNN Business Meta has been fined roughly $275 million by Ireland’s data privacy regulator for failing to prevent hackers from…
Continue Reading Self-checkout annoys some customers and helps shoplifters. Stores are adding it anyway
By Nathaniel Meyersohn, CNN Business Self-checkout arrived in the late 1980s at supermarkets. A decade later, it began spreading to big-box chains…
Continue Reading A rail strike won’t screw up your holidays. Here’s how it’ll affect you in other ways
By Chris Isidore, Vanessa Yurkevich and Matt Egan, CNN Business So once again the nation and its economy is facing the risk of a massive freight…
Continue Reading Bob Iger lays out his priorities for Disney as he returns as CEO
By Frank Pallotta, CNN Business Bob Iger was back at Disney headquarters on Monday to meet with employees for the first time since surprising the…
Continue Reading BBC journalist ‘beaten and kicked by the police’ as protests spread across China
By Jennifer Deaton, CNN Business Edward Lawrence, a journalist at the BBC, was arrested by police in Shanghai at the scene of protests on Sunday…
Continue Reading BlockFi files for bankruptcy as FTX contagion grips crypto markets
By Allison Morrow, CNN Business Crypto lender BlockFi filed for bankruptcy Monday, becoming the latest casualty of the financial contagion unleashed…
Continue Reading Barclays CEO says he has cancer but will continue to run the bank
By Julia Horowitz, CNN Business The CEO of Barclays said Monday that he has been diagnosed with cancer. C.S. Venkatakrishnan, who is known as Venkat…
Continue Reading BBC journalist ‘beaten and kicked by the police’ as protests spread across China
By Jennifer Deaton, CNN Business Edward Lawrence, a journalist at the BBC, was arrested by police in Shanghai at the scene of protests on Sunday…
Continue Reading Global markets fall after protests erupt in China over Covid lockdowns
By Laura He, CNN Business Global markets fell on Monday after widespread protests in China against the country’s stringent Covid-19…
Continue Reading Thousands of US flights delayed Sunday as major storm system hampers travel
By Samantha Beech and Keith Allen, CNN A severe weather system across several parts of the United States has prompted the three major airports…
Continue Reading JCPenney was once a shopping giant. Can it make a comeback?
By Nathaniel Meyersohn, CNN Business Marc Rosen didn’t flinch when he was offered the top job at JCPenney last year. A stalwart of…
Continue Reading Layoffs, ultimatums, and an ongoing saga over blue check marks: Elon Musk’s first month at Twitter
By Catherine Thorbecke, CNN Business Sunday officially marks one month since the world’s richest man took the helm at Twitter. In that time,…
Continue Reading Frontier Airlines no longer has a customer service phone line
By Ramishah Maruf, CNN Customers who need flight information or want to make changes to travel plans can no longer call Frontier Airlines and speak…
Continue Reading Apple has a huge problem with an iPhone factory in China
By Juliana Liu, CNN Business A violent workers’ revolt at the world’s largest iPhone factory this week in central China is further…
Continue Reading The mall where Black Friday refuses to die
By Alicia Wallace, CNN Business. Photographs by Jamie Kelter Davis for CNN The rise of e-commerce in recent years has taken its toll on in-person…
Continue Reading Epstein accusers sue JP Morgan and Deutsche Bank, claiming banks benefited from sex trafficking operation
by Samantha Beech, CNN Two anonymous women who accuse the late Jeffrey Epstein of sexual abuse have filed separate civil lawsuits against JP Morgan…
Continue Reading ‘It changes nothing.’ Nigerians unimpressed with redesigned banknotes
By Nimi Princewill, CNN Nigerians have criticized the “redesigning” of the country’s local currency proposed by its central bank to…
Continue Reading Musk says new color-coded verification system at Twitter will roll out in a week
By Chris Isidore, CNN Business Elon Musk is ready to try his troubled new verification system for Twitter once again. This time, in color. The CEO of…
Continue Reading Thanksgiving used to be a movie feast. This year? Slim pickings
By Frank Pallotta, CNN Business Thanksgiving weekend has historically offered a cornucopia of films, letting moviegoers get out of the house and kick…
Continue Reading Holiday shopping seen solid, despite inflation
By Nathaniel Meyersohn, CNN Business Holiday shopping isn’t what it used to be. But many Americans are still expected to spend on Black Friday,…
Continue Reading The West is struggling to set an oil price cap that hurts Russia
By Julia Horowitz, CNN Business Allies of Ukraine want to put a price limit on Russian oil. But there’s a problem: They can’t agree on a…
Continue Reading Indian billionaire Gautam Adani’s flagship company is raising $2.5 billion
By Anna Cooban and Diksha Madhok, CNN Business Indian billionaire Gautam Adani’s business empire is planning to raise nearly $2.5 billion in a…
Continue Reading In Britain, nearly 200,000 workers are striking on Black Friday
By Hanna Ziady, CNN Business Britain’s cost-of-living crisis is already taking the shine off Black Friday. Now, the annual shopping bonanza…
Continue Reading UK bans Chinese surveillance cameras from ‘sensitive’ sites
By Michelle Toh, CNN Business Hikvision, a leading Chinese surveillance company, has denied suggestions that it poses a threat to Britain’s…
Continue Reading Rats blamed for eating 500 kilograms of cannabis stored by Indian police
By Vedika Sud, CNN Rats in northern India have been accused of eating hundreds of kilograms of cannabis seized from drug dealers and stored in police…
Continue Reading The US-China chip war is spilling over to Europe
By Michelle Toh, CNN Business Two European chip deals have run into trouble over their links with China, a sign of concern spreading in the West over…
Continue Reading The US-China chip war is spilling over to Europe
By Michelle Toh, CNN Business Two European chip deals have run into trouble over their links with China, a sign of concern spreading in the West over…
Continue Reading Adidas to launch investigation into allegations of inappropriate behavior made against Kanye West
By Gayle Harrington and Robert North, CNN Adidas will begin an investigation into allegations of misconduct against Kanye West, with whom the company…
Continue Reading Elon Musk says he will begin restoring previously banned Twitter accounts next week
By Clare Duffy and Catherine Thorbecke, CNN Business Elon Musk said Thursday that he will begin restoring most previously banned accounts on Twitter…
Continue Reading Hate speech dramatically surges on Twitter following Elon Musk takeover, new research shows
By Oliver Darcy, CNN New Twitter owner Elon Musk declared last month that “hate speech impressions” had dramatically fallen on the…
Continue Reading How a scoop by a little-known crypto site led to the fall of Sam Bankman-Fried and implosion of FTX
By Oliver Darcy, CNN Business The staggering level of apparent deception staged by former crypto king Sam Bankman-Fried wasn’t uncovered by…
Continue Reading What protests in China may mean for the economy
By Nicole Goodkind, CNN Business Protests against China’s prolonged and restrictive Covid regulations spread across the country over the…
Continue Reading Here’s what’s open and closed on Thanksgiving
By Jennifer Korn, CNN Business Stores and businesses across the United States will be closed Thursday as Americans celebrate Thanksgiving — but it…
Continue Reading Foxconn offers to pay workers to leave world’s largest iPhone factory after violent protests
By Nectar Gan and Juliana Liu, CNN Business Foxconn has offered to pay newly recruited workers 10,000 yuan ($1,400) to quit and leave the…
Continue Reading Mortgage rates fall for the second week in a row
By Anna Bahney, CNN Business Mortgage rates dropped again this week, after plunging nearly half a percentage point last week. The 30-year fixed-rate…
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Signs global bond markets could be bottoming out after central bank rate hikes
Olive Invest outlined how bonds are performing amid tightening financial conditions in a higher interest rate…
Continue Reading HP says it will lay off up to 6,000 workers over the next couple years
By Catherine Thorbecke, CNN Business HP Inc. announced on Tuesday that it will lay off thousands of workers over the next three years, becoming the…
Continue Reading The surprising reason why Ocean Spray cranberry sauce labels are upside-down
By Jordan Valinsky, CNN Business Perhaps one of the greatest mysteries of Thanksgiving is the cranberry sauce — and we’re not even talking…
Continue Reading Chicken prices are finally starting to fall. You can thank busy roosters
By Danielle Wiener-Bronner, CNN Business Over the past year, as some meat prices have fallen, chicken prices have remained stubbornly high. Strong…
Continue Reading Consumers continue to lack confidence in the US economy ahead of holiday shopping season
By Alicia Wallace, CNN Business Heading into the all-important holiday shopping season, American consumers still aren’t feeling very confident…
Continue Reading House Republicans say TikTok made misleading claims in briefings on data handling
By Brian Fung, CNN House Republicans say TikTok may have misled congressional staff in private briefings about the company’s handling of US…
Continue Reading The Fed offers more clues about rate hikes
By Paul R. La Monica, CNN Business Americans are getting ready for food, family and football on Thursday, but investors were still holding off until…
Continue Reading A house price slump is coming. Rising unemployment could make it much worse
By Hanna Ziady, CNN Business Last year, Auckland’s largest real estate company couldn’t sell properties quickly enough to meet demand in…
Continue Reading Surprise: Dollar Tree’s $1.25 price strategy is actually working
By Nathaniel Meyersohn, CNN Business When Dollar Tree said it would raise prices to $1.25 after 35 years sticking to $1, some fans protested and…
Continue Reading Online Black Friday sales set a new record
By Jordan Valinsky, CNN Business Online Black Friday sales in the United States topped a record-breaking $9.12 billion this year, according to Adobe…
Continue Reading Get paid via Venmo, Etsy or Airbnb? Here’s what you need to know before tax season
By Jeanne Sahadi, CNN Business If you get paid through apps like Venmo or PayPal or platforms like Etsy or Airbnb, preparing your taxes next year may…
Continue Reading US Freight rail strike could cost US economy $1 billion in first week
By Vanessa Yurkevich, CNN A US freight rail strike could cost the US economy $1 billion in the first week of the strike, according to a new analysis…
Continue Reading Workers at the world’s largest iPhone factory in China clash with police, videos show
By CNN’s Beijing bureau and Jake Kwon, CNN Workers at China’s largest iPhone assembly factory were seen confronting police, some in riot…
Continue Reading Russia threatens to cut supply of gas through Ukraine
By Anna Cooban and Uliana Pavlova, CNN Business Europe is bracing itself for further cuts to its supply of Russian natural gas as Moscow threatens to…
Continue Reading Why the nation is once again close to a devastating freight railroad strike
By Chris Isidore and Vanessa Yurkevich, CNN Business In September, President Joe Biden, the most union friendly president in recent history, got…
Continue Reading Latest weekly jobless claims jump to 240,000
By Alicia Wallace, CNN Business First-time weekly claims for unemployment benefits jumped to 240,000 for the week ended November 19, according to…
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