US orders Nvidia and AMD to stop selling AI chips to China
By Michelle Toh, CNN Business Two of America’s top chipmakers have been ordered to stop selling some of their technology to China that can be…
Continue ReadingMoney
SpaceX gets $1.4 billion contract for five more NASA astronaut launches
By Jackie Wattles, CNN Business SpaceX’s partnership with NASA just got $1.4 billion sweeter, as the space agency announced Wednesday that…
Continue Reading Royal Caribbean to offer internet service from SpaceX
By Jackie Wattles, CNN Business Cruise operator Royal Caribbean is bringing SpaceX’s satellite-based internet service to its cruise ships in…
Continue Reading McDonald’s is fighting California’s fast food bill
By Danielle Wiener-Bronner, CNN Business California lawmakers want more control over how fast food chains treat workers. Restaurants, including…
Continue Reading McDonald’s is fighting California’s fast food bill
By Danielle Wiener-Bronner, CNN Business California lawmakers want more control over how fast food chains treat workers. Restaurants, including…
Continue Reading The Wing, the once-buzzy women’s coworking community, has closed its doors
By Sara Ashley O’Brien, CNN Business The Wing, the once-buzzy social club and luxury coworking community geared towards women, has shuttered…
Continue Reading Fox News hosts deposed in voting tech company’s $1.6 billion lawsuit against network
By Oliver Darcy, CNN Business Some of the biggest stars at Fox News have been deposed in recent days as a voting technology company presses forward…
Continue Reading Toyota investing $5.6 billion to build EV batteries, despite its own doubts
By Chris Isidore, CNN Business Toyota announced plans Wednesday to invest $5.6 billion in new plants to build electric vehicle batteries in Japan and…
Continue Reading Don’t expect home prices to come crashing down anytime soon
By Nicole Goodkind, CNN Business Rising mortgage rates are taking a toll on the US housing market. But those hoping for prices to drop probably…
Continue Reading Bed Bath & Beyond is making a last-ditch effort to save itself
By Jordan Valinsky and Nathaniel Meyersohn, CNN Bed Bath & Beyond is in deep turmoil. The company is trying to rescue itself and stay out of…
Continue Reading Big discounts are coming this holiday season
By Nathaniel Meyersohn, CNN Business Few of us want summer to end, but there’s some good news coming this winter holiday: you’ll find…
Continue Reading Snapchat to lay off more than 1,200 staffers, or 20% of global headcount
By Catherine Thorbecke, CNN Business Snap Inc., the parent company of the popular app Snapchat, announced plans to lay off some 20% of its more than…
Continue Reading No sagging spirits for Jack Daniel’s maker
By Paul R. La Monica, CNN Business The bourbon boom is showing no signs of ending anytime soon: Wall Street is still wild about whiskey. Jack…
Continue Reading Private sector job growth slows to just 132,000 positions added in August, new ADP report shows
Martha C. White for CNN Business The private sector added 132,000 jobs in August, an indication that the white-hot pace of hiring could be slowing…
Continue Reading Russia cuts more gas supplies to Europe as inflation hits another record
By Anna Cooban, CNN Business Russia has temporarily halted natural gas deliveries to Europe through a vital pipeline and cut off all supplies to a…
Continue Reading China stocks hit four-week low as Covid cases spread and factory output shrinks
By Laura He, CNN Business Chinese markets fell on Wednesday as global investors continue to deal with the aftermath of Federal Reserve chair Jerome…
Continue Reading ‘Starve or freeze to death’: Millions of elderly Brits fear a grim choice this winter as costs spiral
By Kara Fox, CNN When she first started to shed some weight, Yvonne DeBurgo quipped that she could afford to lose it. But over the past three months,…
Continue Reading Goldman Sachs lifts Covid vaccine and testing mandate for many employees
By Matt Egan, CNN Goldman Sachs will no longer require its non-New York City based employees to get vaccinated for Covid-19, according to a memo…
Continue Reading Russia’s Gazprom to completely halt gas supplies to France’s Engie
By Josh Pennington, CNN Russian energy giant Gazprom said on Tuesday that it will completely suspend gas supplies to French industrial energy group…
Continue Reading Why Trump-backed Truth Social still isn’t available on Google’s app store
By Brian Fung, CNN Truth Social, the Twitter-like social network backed by former President Donald Trump, remains unavailable on Google’s…
Continue Reading Why Trump-backed Truth Social still isn’t available on Google’s app store
By Brian Fung, CNN Truth Social, the Twitter-like social network backed by former President Donald Trump, remains unavailable on Google’s…
Continue Reading Elon Musk seeks to delay Twitter trial in light of whistleblower claim
By Clare Duffy, CNN Business Elon Musk’s legal team is seeking to delay the trial with Twitter over their $44 billion acquisition deal by a…
Continue Reading So much for turnaround Tuesday? Stocks tumble again
By Paul R. La Monica, CNN Business Tuesday’s market rally was brief. Stocks opened higher but quickly gave up their gains. A more than 5% drop…
Continue Reading The US economy had more job openings than expected in July
By Alicia Wallace, CNN Business US employers aren’t ditching their “help wanted” signs just yet, according to new data released…
Continue Reading Consumers are still buying lots of furniture, electronics, home decor and clothing — from each other
By Parija Kavilanz, CNN Business Savvy consumers have found a way around sky-high inflation to keep buying more than just necessities. They’re…
Continue Reading Kohl’s and Gap have a surprising plan for this season’s unsold clothing
By Nathaniel Meyersohn, CNN Business Retailers are overstocked on clothing, and some are packing it away in hopes of selling it in future seasons.…
Continue Reading Lower gas prices push consumer confidence to highest level since May
By Martha C. White for CNN Business Lower gas prices helped consumer confidence bounce back in August, breaking a three-month stretch of worsening…
Continue Reading Stocks start off September with a late day rally
By Paul R. La Monica, CNN Business New month. Same old market volatility. Stocks rallied at the end of first day of September, which is historically…
Continue Reading As rival Twitch dominates the market, Facebook will shutter its standalone Gaming App
By Catherine Thorbecke, CNN Business Facebook announced Tuesday that it is shutting down its standalone Gaming App this fall. The app for video…
Continue Reading Pandemic-era splurging on pets could be over
By Paul R. La Monica, CNN Business Worries about the economy have suddenly put shares of pet supply retailers in Wall Street’s doghouse. Shares…
Continue Reading Opinion: We have finally gotten some relief at the pump. But it may not last long
Opinion by Patrick De Haan for CNN Business Perspectives Americans have never seen a wilder year when it comes to gas prices, thanks to the…
Continue Reading
Tesla must allow workers to wear clothing supporting union
The National Labor Relations Board said on Monday it was unlawful for Tesla to prohibit employees from wearing shirts bearing union insignia, ruling…
Continue Reading Uber now lets users text with a safety agent to monitor rides
By Sara Ashley O’Brien, CNN Business Uber is giving riders the ability to connect with a safety agent while taking a nerve-wracking trip,…
Continue Reading The pandemic was bad for Britain’s iconic pubs. This could be worse
By Julia Horowitz, CNN Business First it was the coronavirus pandemic that forced pubs to shut their doors and rely on government support to survive…
Continue Reading Musk cites Twitter whistleblower claims as new justifications for backing out of deal
By Brian Fung and Clare Duffy, CNN Business Elon Musk is formally citing allegations leveled by Twitter whistleblower, Peiter “Mudge”…
Continue Reading Rich people are worried about spending. That’s bad news for everyone else
By Nicole Goodkind, CNN Business After a period of angst, Americans appear to be feeling a bit better about the economy. What’s happening: The…
Continue Reading Fed Chair Jerome Powell says ‘some pain’ is on the horizon. Here’s what that means
By Alicia Wallace, CNN Business In a blunt speech last Friday, Federal Reserve Chairman Jerome Powell warned that the central bank’s battle…
Continue Reading Mukesh Ambani prepares to hand a $220 billion empire to his children
By Diksha Madhok, CNN Business Indian billionaire Mukesh Ambani has laid out plans to hand his sprawling business empire to his children, while…
Continue Reading China stocks hit four-week low as Covid cases spread and factory output shrinks
By Laura He, CNN Business Chinese markets fell on Wednesday as global investors continue to deal with the aftermath of Federal Reserve chair Jerome…
Continue Reading China shuts world’s largest electronics market as Shenzhen imposes more lockdowns
By Nectar Gan and CNN’s Beijing bureau China’s southern city of Shenzhen on Monday shut down the world’s largest electronics market…
Continue Reading Indian billionaire Gautam Adani is now the world’s third richest man
By Michelle Toh, CNN Business Gautam Adani was already Asia’s richest man. Now he’s also the world’s third richest person,…
Continue Reading Twitter was questioned by SEC over bots, user numbers in June
By Clare Duffy, CNN Business The Securities and Exchange Commission earlier this summer probed Twitter regarding its measurements of monetizable…
Continue Reading It now costs more than $300,000 to raise a child, thanks to inflation
By Ramishah Maruf, CNN Soaring inflation has made almost everything more expensive. And it has significantly increased the cost of one major budget…
Continue Reading Honda, LG announce $4.4 billion US battery factory for EVs
By Matt McFarland, CNN Business Honda has struck a deal with Korean battery giant LG Energy Solution to build a $4.4 billion US factory to supply its…
Continue Reading DeLorean’s new car looks nothing like the one you remember. Here’s why
By Peter Valdes-Dapena, CNN Business If you’ve seen the new DeLorean Alpha5 electric car, you might be disappointed that it doesn’t look…
Continue Reading Wireless carriers keep your location data for years and provide it to the police
By Brian Fung, CNN Business The country’s largest wireless carriers not only know where you are every time you make a phone call or use your…
Continue Reading Madam C.J. Walker, America’s first female self-made millionaire, is now a Barbie
By Zoe Sottile, CNN Madam. C.J. Walker, the first self-made female millionaire in the U.S., is the next female role model to be honored in…
Continue Reading FTC sues data broker Kochava for selling location information that could unmask abortion-seekers
By Brian Fung, CNN Business The Federal Trade Commission is suing a data broker that the agency claims has sold sensitive location data that can…
Continue Reading Stocks may fall even further. Here’s how to protect your portfolio
By Jeanne Sahadi, CNN Business Things were starting to look up for investors. After stocks got clobbered in the first half of the year, they started…
Continue Reading Stocks start off September with a late day rally
By Paul R. La Monica, CNN Business New month. Same old market volatility. Stocks rallied at the end of first day of September, which is historically…
Continue Reading Starbucks’ Pumpkin Spice Latte is coming back at a higher price
By Jordan Valinsky, CNN Business Not even Starbucks’ Pumpkin Spice Latte is immune to inflation. The fall favorite, which returns Tuesday, is…
Continue Reading Here’s why Wendy’s in Canada has given its iconic red-headed mascot gray hair
By Ramishah Maruf, CNN The Wendy’s mascot has a new hairdo on its Canadian social media sites — all in support of one of the…
Continue Reading Why HBO Max is removing so many series and films
By Frank Pallotta, CNN Business When HBO Max launched in 2020, it was designed to be the streaming home for everything Warner Bros., DC and HBO, with…
Continue Reading Caution: September is historically a dismal month for stocks
By Paul R. La Monica, CNN Business August is about to come to a close, which means that the summer is almost over in the Northern Hemisphere. (Have…
Continue Reading The most expensive baseball card in history just sold for $12.6 million
By Zoe Sottile, CNN Dig out your old baseball cards. They might just be worth eight figures at auction. A Mickey Mantle baseball card from 1952 sold…
Continue Reading Musk’s legal team to depose whistleblower Peiter Zatko in Twitter case
By Clare Duffy, CNN Business Elon Musk’s legal team has subpoenaed former Twitter head of security and whistleblower Peiter “Mudge”…
Continue Reading European power prices shatter records as energy crisis intensifies
By Julia Horowitz, CNN Business Power prices in Europe continue to smash records, intensifying the region’s energy crisis and fanning fears…
Continue Reading Stocks slip in volatile trading as investors prepare for more big rate hikes
By Paul R. La Monica, CNN Business Welcome to the lazy, crazy days of summer on Wall Street. Stocks fell again Monday in a choppy session. So it…
Continue Reading Opinion: Social media companies like Twitter can’t be trusted to regulate themselves
Opinion by Kara Alaimo for CNN Business Perspectives The latest bombshell about Twitter’s alleged lack of security and potential…
Continue Reading Opinion: Social media companies like Twitter can’t be trusted to regulate themselves
Opinion by Kara Alaimo for CNN Business Perspectives The latest bombshell about Twitter’s alleged lack of security and potential…
Continue Reading China’s yuan slid to the weakest in two years as hawkish Fed signals more rate hikes
By Laura He, CNN Business The Chinese yuan sank to the lowest level in two years after hawkish comments by Federal Reserve chairman Jerome Powell…
Continue Reading Private sector job growth slows to just 132,000 positions added in August, new ADP report shows
Martha C. White for CNN Business The private sector added 132,000 jobs in August, an indication that the white-hot pace of hiring could be slowing…
Continue Reading Snag a $3 movie ticket for National Cinema Day
By Zoe Sottile, CNN Movie attendance hasn’t bounced back after the pandemic, leaving Hollywood struggling to lure audiences back into theaters.…
Continue Reading Layoffs. Losses. Plunging share prices. These pandemic winners are now struggling
By Chris Isidore, CNN Business Few companies flourished more amid the pandemic’s economic upheaval than Peloton. With people unable (or…
Continue Reading Caution: September is historically a dismal month for stocks
By Paul R. La Monica, CNN Business August is about to come to a close, which means that the summer is almost over in the Northern Hemisphere. (Have…
Continue Reading Krispy Kreme debuts new doughnut in honor of Artemis I mission
By Zoe Sottile, CNN One small step for a man, one giant leap for… doughnuts? Krispy Kreme will launch a special, limited-edition Artemis Moon…
Continue Reading Here’s why Wendy’s in Canada has given its iconic red-headed mascot gray hair
By Ramishah Maruf, CNN The Wendy’s mascot has a new hairdo on its Canadian social media sites — all in support of one of the…
Continue Reading A Chipotle in Michigan becomes the company’s first location to unionize
By Ramishah Maruf, CNN Workers at a Chipotle Mexican Grill in Lansing, Michigan, voted to unionize Thursday, becoming the first of the fast-casual…
Continue Reading How Twitter has been shaken by a whistleblower’s allegations
By Clare Duffy, CNN Business In the days since it was first reported that former Twitter head of security Peiter “Mudge” Zatko had filed…
Continue Reading How to take advantage of rising interest rates
By Jeanne Sahadi, CNN Business Federal Reserve Chairman Jerome Powell on Friday made clear that interest rates were likely to continue moving higher…
Continue Reading Sandy Hook families ask judge to order Alex Jones to relinquish control of his company, alleging he transferred millions to himself and family
By Sonia Moghe, CNN The families of Sandy Hook victims allege that Alex Jones’ company Free Speech Systems has “systematically…
Continue Reading Ford is raising the price of its electric SUV as much as $8,000
By Peter Valdes-Dapena, CNN Business Just weeks after announcing it was raising the price of the Ford F-150 Lightning electric pickup, Ford announced…
Continue Reading How airlines give you internet access at 35,000 feet — and why it still needs a lot of work
By Rishi Iyengar, CNN Business Flights used to be a chance to sit back (albeit a bit cramped) and watch a recently released movie or catch up on some…
Continue Reading Pilots from a bankrupt airline were just offered jobs by a competitor without a single interview
By Jennifer Korn Pilots are in high demand lately — such high demand, in fact, that pilots from the recently defunct ExpressJet Airlines are…
Continue Reading What we learned from Mark Zuckerberg’s 3-hour chat with Joe Rogan
By Rachel Metz and Catherine Thorbecke, CNN Business In a rare and lengthy interview, Mark Zuckerberg spoke with controversial comedian and podcast…
Continue Reading Pet owners, Maytag feels your laundry pain
By Parija Kavilanz, CNN Business We love our pets, but their shedding? Not so much. Pesky pet hair and dander loves to cling on to clothes and it…
Continue Reading House GOP demands Meta’s communications with the FBI over Hunter Biden report
By Brian Fung, CNN House Republicans want Meta CEO Mark Zuckerberg to hand over a vast array of additional records pertaining to the company’s…
Continue Reading What managers should know about ‘quiet quitting’
By Jeanne Sahadi, CNN Business The now viral phrase “quiet quitting” is annoyingly imprecise and misleading. Some say it means doing the…
Continue Reading Russia is burning off millions of dollars in gas every day. Here’s why
By Anna Cooban, CNN Business Russia is burning an estimated $10 million worth of natural gas a day near its border with Finland, analysts say, even…
Continue Reading Here’s how the Fed is reading today’s jobs report
By Nicole Goodkind, CNN Business The US has a jobs problem: There are too many of them. There are currently around two jobs available for every…
Continue Reading Is Twitter ready for the midterms?
By Clare Duffy, CNN Business A stunning whistleblower disclosure from Twitter’s former head of security accuses the company of having a…
Continue Reading Elon Musk seeks to delay Twitter trial in light of whistleblower claim
By Clare Duffy, CNN Business Elon Musk’s legal team is seeking to delay the trial with Twitter over their $44 billion acquisition deal by a…
Continue Reading Fed chair Jerome Powell warns fight against inflation will bring ‘some pain’
By Martha C. White Federal Reserve chairman Jerome Powell warned that the central bank’s mission to tame inflation will result in “some…
Continue Reading Fed chair Jerome Powell warns fight against inflation will bring ‘some pain’
By Martha C. White At the Federal Reserve’s annual Jackson Hole Economic Symposium, chairman Jerome Powell telegraphed a greater sense of…
Continue Reading Yes, the unemployment rate rose. Here’s why that’s good news
Martha C. White On Friday, the Bureau of Labor Statistics reported that the US unemployment rate had ticked up to 3.7% in August, an increase that…
Continue Reading Russia is burning off millions of dollars in gas every day. Here’s why
By Anna Cooban, CNN Business Russia is burning an estimated $10 million worth of natural gas a day near its border with Finland, analysts say, even…
Continue Reading This closely watched inflation measure showed some cooling in July
By Alicia Wallace, CNN Business The Federal Reserve’s favored inflation indicator showed that prices took a breather last month as fuel costs…
Continue Reading Strikes sweep Britain as soaring inflation savages living standards
By Anna Cooban, CNN Business Workers in the United Kingdom have had enough of falling living standards. Rail workers, journalists, lawyers, and…
Continue Reading All eyes will be on Jerome Powell at the Fed’s Jackson Hole economic summit
Martha C. White Inflation talk is expected to dominate the Federal Reserve’s annual summer gathering in Jackson Hole, Wyoming, which kicked off…
Continue Reading Don’t pay too much attention to what Jerome Powell says today
By Julia Horowitz, CNN Business The big event for investors on Friday is in Jackson Hole, Wyoming, where Federal Reserve Chair Jerome Powell will…
Continue Reading Sleep, talk about coffee, wake up, talk about coffee: Papua New Guinea has a brand new minister job
By Tara Subramaniam, CNN Business The leader of Papua New Guinea has appointed what are believed to be the world’s first ministers for coffee…
Continue Reading SpaceX and T-Mobile want to eliminate ‘dead zones’ using satellites
By Jackie Wattles, CNN Business SpaceX and T-Mobile want to beam cell service to “most places in the US,” including some of the most…
Continue Reading NASA and Boeing push back first Starliner astronaut mission to 2023
By Jackie Wattles, CNN Business NASA and Boeing are now targeting early 2023 for the first crewed flight of Boeing’s long-delayed Starliner…
Continue Reading Google to start labeling medical facilities that provide abortions to reduce confusion
By Jennifer Korn Google said on Thursday it will begin prominently labeling health care facilities that offer abortion services in its search and…
Continue Reading Tesla ‘full self-driving’ debate escalates with legal threats, banned videos
By Matt McFarland, CNN Business This month, Tesla fans rushed to defend the automaker after a prominent critic released a video showing one of the…
Continue Reading Tesla ‘full self-driving’ debate escalates with legal threats, banned videos
By Matt McFarland, CNN Business This month, Tesla fans rushed to defend the automaker after a prominent critic released a video showing one of the…
Continue Reading Even dollar stores are starting to feel the pinch from inflation
By Paul R. La Monica, CNN Business Dollar stores, as their name suggests, offer inexpensive products for bargain-hungry shoppers. But even Dollar…
Continue Reading Paul Newman’s daughters are suing the Newman Foundation
By Danielle Wiener-Bronner, CNN Business Two of Paul Newman’s daughters have filed a lawsuit against the Newman’s Own Foundation,…
Continue Reading Mortgage rates climb again, jumping to more than 5.5%
By Anna Bahney, CNN Business Mortgage rates jumped higher this week as investors tried to make sense of data that gave mixed signals about the health…
Continue Reading Why Tesla’s stock is so much cheaper today
By Paul R. La Monica, CNN Business Tesla’s stock price is set to drop at the opening bell Thursday, but not because of anything Elon Musk…
Continue Reading