Moms are crossing borders in search of baby formula
By Parija Kavilanz, CNN Business For one group of workers, the baby formula shortage is a multi-pronged crisis that threatens not only the well-being…
Continue ReadingMoney
Nearly ‘zero revenue’: Macao’s casinos were burning millions a day. Then came a lockdown
By Michelle Toh, CNN Business Macao’s casinos have been bleeding hundreds of millions of dollars a month during the pandemic. Now a prolonged…
Continue Reading First on CNN: Goodyear developing airless metal tires for GM’s moon buggy
By Peter Valdes-Dapena, CNN Business General Motors and Lockheed Martin are working together on a new Lunar Rover. but it needs tires. So, Goodyear…
Continue Reading
Russia broke the stock market. Now there’s only one reliable way to make money
By Nicole Goodkind, CNN Business Investors searching for safe havens during the worst inflation in more than 40 years are out of luck. As markets…
Continue Reading Next ‘Squid Game?’ Big ratings on Netflix boosts hope for next Korean hit
By Michelle Toh, CNN Business A new show about a young female attorney has become another South Korean hit on Netflix, giving investors hope that the…
Continue Reading Europe plans to force countries to ration gas as Russia weaponizes energy
By Anna Cooban, CNN Business The European Union has unveiled its emergency gas rationing plan — a day before it fears Russia could drastically cut…
Continue Reading Daily Harvest identifies ingredient that may have caused mystery illness in customers
By Catherine Thorbecke, CNN Business Weeks after Daily Harvest announced the voluntary recall of its French Lentil and Leek Crumbles, the company…
Continue Reading Judge orders October trial for lawsuit between Elon Musk and Twitter
By Clare Duffy, CNN Business In an early victory for Twitter, a judge on Tuesday ruled that the company’s lawsuit against Elon Musk over their…
Continue Reading Chipotle permanently shutters store that filed to unionize
By Danielle Wiener-Bronner and Chris Isidore, CNN Business Chipotle permanently closed a restaurant in Augusta, Maine that filed to form a union last…
Continue Reading Apple agrees to pay $50 million to settle issues related to its ‘butterfly’ keyboards
By Catherine Thorbecke, CNN Business Apple has agreed to pay $50 million to settle a class action lawsuit from customers who say they experienced…
Continue Reading Crypto is making a big comeback. Will it last?
By Paul R. La Monica, CNN Business It has been an absolutely brutal year for investors in bitcoin and other cryptocurrencies. Bitcoin has lost more…
Continue Reading He went to orbit on a SpaceX rocket. Now, he’s working for its archrival
By Jackie Wattles, CNN Business One of four passengers who joined SpaceX’s first-ever space tourism mission last year and who spent months…
Continue Reading Netflix’s vision for the future of streaming: More expensive or less convenient
By Frank Pallotta, CNN Business Netflix lost roughly a million customers last quarter — the most in the company’s 25-year history. But it…
Continue Reading Netflix loses subscribers, but stops the bleeding
By Frank Pallotta, CNN Business Netflix reported Tuesday that it lost 970,000 subscribers in the second quarter of 2022 — a number far lower than…
Continue Reading Home building stalls as the real estate market cools. That won’t help affordability
By Anna Bahney, CNN Business Home builders are hitting the brakes as building costs rise and prospective buyers get priced out of the market. June…
Continue Reading Starbucks CEO on store closings: ‘There are going to be many more’
By Danielle Wiener-Bronner, CNN Business Starbucks may not be done closing stores over safety concerns. “We are beginning to close…
Continue Reading Amazon sues administrators of more than 11,000 Facebook groups that allegedly brokered fake online reviews
By Brian Fung, CNN Amazon said Tuesday it has sued the administrators of more than 11,000 Facebook groups allegedly responsible for facilitating the…
Continue Reading Biden administration pushes to close the growing cybersecurity workforce gap
By Brian Fung, CNN Business The Biden administration is pushing to fill hundreds of thousands of cybersecurity jobs in the United States as part of a…
Continue Reading Not everyone can afford air conditioning during a brutal heat wave. Here’s how they cope
By Tami Luhby, CNN Even when the temperature soars into the 90s, Linda Morris won’t turn on her air conditioning until she feels she’s…
Continue Reading Not everyone can afford air conditioning during a brutal heat wave. Here’s how they cope
By Tami Luhby, CNN Even when the temperature soars into the 90s, Linda Morris won’t turn on her air conditioning until she feels she’s…
Continue Reading Justice Department opens civil probe into Amazon’s workplace safety practices
By Kara Scannell, CNN Business The US attorney’s office in Manhattan has opened a civil investigation into workplace safety at Amazon…
Continue Reading Another company called Meta says Facebook rebrand ‘obliterated’ its business
By Clare Duffy, CNN Business Meta Platforms, the company formerly known as Facebook, has been sued for trademark infringement by MetaX LLC, a company…
Continue Reading Opinion: The pilot shortage is about to get a lot worse
Opinion by Geoff Murray, Andrew Medland and Rory Heilakka for CNN Business Perspectives The ongoing pilot shortage has already wreaked havoc on…
Continue Reading This is the key to getting the global economy working again
By Julia Horowitz, CNN Business Global supply chains are still a snarled mess, disrupting deliveries of goods, adding to headaches for businesses and…
Continue Reading GM reports strong sales but says it’s prepared for possible recession
By Chris Isidore, CNN Business General Motors said strong sales and demand for vehicles doesn’t suggest any signs of an economic slowdown, but…
Continue Reading Judge orders October trial for lawsuit between Elon Musk and Twitter
By Clare Duffy, CNN Business In an early victory for Twitter, a judge on Tuesday ruled that the company’s lawsuit against Elon Musk over their…
Continue Reading Judge orders October trial for lawsuit between Elon Musk and Twitter
By Clare Duffy, CNN Business In an early victory for Twitter, a judge on Tuesday ruled that the company’s lawsuit against Elon Musk over their…
Continue Reading UK workers suffer their biggest pay drop in two decades as inflation bites
By Anna Cooban, CNN Business Workers in the United Kingdom are struggling with the biggest drop in pay in more than two decades, as surging food and…
Continue Reading The Chevy Blazer EV will be GM’s new mass-market electric SUV
By Peter Valdes-Dapena, CNN Business General Motors revealed a new electric mid-sized SUV, the Chevrolet Blazer EV, that will go on sale in about a…
Continue Reading KFC just rolled out a new menu item to attract a younger crowd
By Danielle Wiener-Bronner, CNN Business KFC is trying out a new type of chicken nugget in an effort to attract younger consumers. Starting Monday,…
Continue Reading Staten Island ferry cuts service due to uptick of Covid-19 cases among staff members
By Vanessa Yurkevich, CNN The Staten Island ferry, known for getting residents and commuters to and from Lower Manhattan to Staten Island in 25…
Continue Reading More US stations are selling gas for less than $4 a gallon
By Chris Isidore, CNN Business Gasoline for less than $4 a gallon is back, at least in some spots. Nearly one in five gas stations is charging under…
Continue Reading Democrats plan new legislation to establish net neutrality rules
By Brian Fung, CNN Business Two Democratic senators are planning to reopen a high-stakes battle over internet access in the coming weeks, with a bill…
Continue Reading Starbucks is reportedly considering selling its UK business
By Danielle Wiener-Bronner, CNN Business As prices surge and the UK economy struggles more than most of its peers, Starbucks is reportedly looking…
Continue Reading France is facing a looming energy crisis. Here’s how the UAE could help as its president touches down in Paris
By Eoin McSweeney, Mostafa Salem and Celine Alkhaldi France is in the midst of an energy crisis: Russia continues to cut off supply to Europe while…
Continue Reading Netflix is in rough shape. This week will determine its future
By Frank Pallotta and Nicole Goodkind, CNN Business Netflix, once a darling of Wall Street, is suddenly on the ropes. The streaming giant will report…
Continue Reading Zoom has an unlikely new competitor — Snapchat
By Clare Duffy, CNN Business Unlike many other social media platforms, Snapchat has been available only on mobile since its launch over a decade ago.…
Continue Reading Toys ‘R’ Us is coming back. Soon, it’ll be almost everywhere
By Ramishah Maruf, CNN Business Once left for dead, Toys “R” Us is making a major comeback. The toy store brand will be just about…
Continue Reading Why Tide Pods look like candy
By Nathaniel Meyersohn, CNN Business In 2004, Procter & Gamble was looking for a hit. It had been two decades since the consumer products…
Continue Reading Google’s stock just got a lot cheaper
By Paul R. La Monica, CNN Business One share of Google’s parent company Alphabet is suddenly a lot more affordable for Main Street investors…
Continue Reading Toys ‘R’ Us is coming back. Soon, it’ll be almost everywhere
By Ramishah Maruf, CNN Business Once left for dead, Toys “R” Us is making a major comeback. The toy store brand will be just about…
Continue Reading Goldman Sachs still rules Wall Street: Earnings blow away forecasts
By Paul R. La Monica, CNN Business Goldman Sachs is clearly still the top dog on Wall Street. The investment banking powerhouse reported earnings and…
Continue Reading The story of a 10-year-old rape victim shows why abortion coverage needs local reporters
By Ramishah Maruf, CNN The attorney general of the state of Ohio couldn’t match the job of a local reporter who confirmed the case of a…
Continue Reading Foreign buyers are slowly returning to the US housing market
By Anna Bahney, CNN Business Anyone who bought a home — or tried to — over the past couple of years knows that it was rip-roaringly…
Continue Reading British Airways passengers get mid-air email canceling their connecting flight
By Alexandra Peers, CNN Business It’s always frustrating to find out your flight is canceled. Far more frustrating? Receiving word while…
Continue Reading She warned other women on TikTok about her ex-boyfriend. Then she received a cease-and-desist
By Sara Ashley O’Brien and Clare Duffy, CNN Business Months after Crystal learned that her boyfriend had been covertly dating at least two…
Continue Reading What recession? America’s banks reveal few signs of trouble
By Julia Horowitz, CNN Business If a recession were to arrive in the United States, there would normally be evidence of pain at America’s…
Continue Reading Europe braces for a potential gas crisis as historic heatwave boosts demand
By Anna Cooban, CNN Business Europe is bracing for the potential of a full-blown gas crisis later this week just as an historic heatwave has hiked…
Continue Reading China scrambles to defuse alarm over mortgage boycotts and banks runs
By Laura He, CNN Business China is trying to ease panic over two of the biggest issues threatening social stability in the country—mortgage…
Continue Reading India hits 2 billion Covid-19 vaccinations as infections hit four-month high
Story by Reuters The Indian government’s Covid-19 vaccinations hit 2 billion on Sunday, with booster doses underway for all adults, as daily…
Continue Reading The story of a 10-year-old rape victim shows why abortion coverage needs local reporters
By Ramishah Maruf, CNN The attorney general of the state of Ohio couldn’t match the job of a local reporter who confirmed the case of a…
Continue Reading The story of a 10-year-old rape victim shows why abortion coverage needs local reporters
By Ramishah Maruf, CNN The attorney general of the state of Ohio couldn’t match the job of a local reporter who confirmed the case of a…
Continue Reading Netflix is in rough shape. This week will determine its future
By Frank Pallotta and Nicole Goodkind, CNN Business Netflix, once a darling of Wall Street, is suddenly on the ropes. The streaming giant will report…
Continue Reading The truth, and strategy, of food expiration dates
By Danielle Wiener-Bronner, CNN Business When you walk into a supermarket and pick up an item — anything from milk to cereal to a can of beans —…
Continue Reading How companies subtly trick users online with ‘dark patterns’
By Catherine Thorbecke, CNN Business An “unsubscribe” option that’s a little too hard to find. A tiny box you click, thinking it…
Continue Reading Biden averts freight railroad strike – for now
By Chris Isidore and Betsy Klein, CNN Business Worried about supply chain problems that are already causing problems for the nation’s economy,…
Continue Reading This supercharged tree might help fight climate change
By Matt McFarland, CNN Business The problem with trees is that they are too slow. Part of the issue with catastrophic climate change is that, by some…
Continue Reading
Weston man wins Idaho Cash jackpot of $160,400
A Weston man who is a regular Idaho Lottery Draw Game player won $160,400 playing his favorite game, Idaho…
Continue Reading Biden averts freight railroad strike – for now
By Chris Isidore and Betsy Klein, CNN Business Worried about supply chain problems that are already causing problems for the nation’s economy,…
Continue Reading Hertz faces lawsuit from 47 customers claiming false arrests
By Matt McFarland, CNN Business 47 Hertz customers have filed a lawsuit against the rental company that describes horror stories after they were…
Continue Reading Stocks end tumultuous week with a rally
By Nicole Goodkind, CNN Business US stocks surged Friday as an end-of-week rally gained momentum and sent the Dow up over 600 points. A new batch of…
Continue Reading SpaceX rockets to fly Russian cosmonauts with new NASA deal
By Jackie Wattles and Uliana Pavlova, CNN Business American and Russian astronauts will once share space aboard the same spacecraft after NASA and…
Continue Reading This supercharged tree might help fight climate change
By Matt McFarland, CNN Business The problem with trees is that they are too slow. Part of the issue with catastrophic climate change is that, by some…
Continue Reading Mega Millions jackpot tops half a billion dollars after Friday night’s drawing
By Alisha Ebrahimji and Jamiel Lynch, CNN The Mega Millions jackpot has swelled to more than half a billion dollars after nobody drew the winning six…
Continue Reading This one thing is pushing up the price of almost everything you buy
Martha C. White Although prices at the pump serve as one of the most prominent symbols of rampant inflation, economists are more worried about the…
Continue Reading Americans are feeling slightly better about the economy, but inflation still bites
By Alicia Wallace, CNN Business Americans are feeling slightly better about the economy, but painfully high inflation is still keeping consumer…
Continue Reading Employers who want workers in the office more often may be in for a fight
By Kathryn Vasel, CNN Business Many employers have made it clear that they want their workers to return to the office — at least part of the…
Continue Reading This one thing is pushing up the price of almost everything you buy
Martha C. White Although prices at the pump serve as one of the most prominent symbols of rampant inflation, economists are more worried about the…
Continue Reading China extends property loans at the fastest pace in three years as mortgage crisis spreads
By Laura He, CNN Business China’s banking regulator has pledged to boost lending to help developers finish stalled property projects and boost…
Continue Reading Energy saved US markets last quarter. Now the sector is losing power
By Nicole Goodkind, CNN Business US markets took a beating on Thursday as big bank earnings delivered disappointing results. Markets and the economy…
Continue Reading China’s economy records slowest growth since the start of 2020
By Laura He, CNN Business China’s economy has recorded its worst quarterly performance in over two years, after months of harsh Covid lockdowns…
Continue Reading Uber’s safety issues still loom large: Another five passengers sue company over alleged sexual assault incidents
By Sara Ashley O’Brien, CNN Business Five more passengers are suing Uber over alleged sexual assault incidents that occurred in recent months…
Continue Reading Facebook users may soon be able to create multiple profiles under their accounts
By Clare Duffy, CNN Business Facebook is testing an option for users to create multiple profiles from a single account, amid a bid by the platform to…
Continue Reading Exclusive: Wordle is being turned into a board game
By Jordan Valinsky, CNN Business Wordle is jumping from the P-H-O-N-E to the B-O-A-R-D. Hasbro is partnering with the New York Times, which owns the…
Continue Reading Big pay raises expected for 2023. But here’s why that extra income may not make a difference
By Jeanne Sahadi, CNN Business US employers say they expect the average raise to be 4.1% in 2023, which would be the largest hike in 15 years,…
Continue Reading
Most common financial conflicts between kids and parents and tips for getting ahead of them
GoHenry analyzed the most common financial conflicts between kids and parents based on a study from LendingTree and further…
Continue Reading The SEC has asked Elon Musk more questions about his Twitter deal
By Clare Duffy, CNN Business The Securities and Exchange Commission has continued to examine Elon Musk’s investment in and $44 billion deal to…
Continue Reading Amazon offers concessions to resolve EU antitrust probes
By Brian Fung, CNN Amazon has offered to change its business practices in Europe to resolve two ongoing antitrust investigations targeting the…
Continue Reading Amazon offers concessions to resolve EU antitrust probes
By Brian Fung, CNN Amazon has offered to change its business practices in Europe to resolve two ongoing antitrust investigations targeting the…
Continue Reading These new emojis may soon be coming to your smartphone
By Catherine Thorbecke, CNN Business If you’ve ever wanted to high-five someone in your group texts, you may soon be in luck. A new…
Continue Reading Apple profit declines nearly 11%
By Clare Duffy, CNN Business Even the world’s most valuable tech company isn’t immune to the more challenging global economic climate.…
Continue Reading Exclusive: Wordle is being turned into a board game
By Jordan Valinsky, CNN Business Wordle is jumping from the P-H-O-N-E to the B-O-A-R-D. Hasbro is partnering with the New York Times, which owns the…
Continue Reading Why BMW is offering heated seats on a monthly subscription
By Peter Valdes-Dapena, CNN Business BMW is now offering British drivers the option of enjoying a heated seat on a monthly subscription basis. Of…
Continue Reading Pepsi is making big money on smaller portions
By Danielle Wiener-Bronner, CNN Business The biggest trend in snacking is something small: Chip bags and sodas are going mini. PepsiCo is seeing…
Continue Reading Stamps are more expensive now. Here’s how much more you’ll pay to drop a letter in the mail
By Chris Isidore, CNN Business Maybe this counts as good news in a time of painful price increases for necessities such as food, fuel and housing:…
Continue Reading A truly massive interest rate hike is now on the table
By Julia Horowitz, CNN Business Central banks have made clear that after a sluggish start, they’re serious about putting a lid on inflation.…
Continue Reading This key inflation measure shows prices are still rising
By Alicia Wallace, CNN Business A leading inflation indicator surged in June, showing that prices continue to remain stubbornly high. The Producer…
Continue Reading Social Security checks could grow by about $175 a month as the cost of living continues to surge
Social Security recipients could see a 10.5% increase in their payments next year, driven by the steep rise in inflation, according to a new…
Continue Reading Jamie Dimon battens down the hatches for a recession
By Nicole Goodkind, CNN Business JPMorgan Chase kicked off the second quarter earnings season with bad news: The bank temporarily suspended share…
Continue Reading Twitter briefly hit by outage impacting many users
By Jennifer Korn Twitter’s turbulent week continues. Twitter was briefly hit by a significant outage on Thursday morning, with tens of…
Continue Reading Mortgage rates rise to 5.5% as volatility continues
By Anna Bahney, CNN Business Mortgage rates are on the rise again after a dramatic drop last week. The 30-year fixed-rate mortgage averaged 5.51% in…
Continue Reading Amazon’s Ring has provided doorbell footage to police without owners’ consent 11 times so far this year
By Brian Fung, CNN Amazon’s smart-doorbell company, Ring, has provided surveillance footage to law enforcement without a warrant or the consent…
Continue Reading Tesla’s head of AI, an ardent supporter of ‘full self driving,’ has exited the company
By Matt McFarland, CNN Business Andrej Karpathy, Tesla’s director of artificial intelligence, announced Wednesday he’s leaving the…
Continue Reading Amazon’s Ring has provided doorbell footage to police without owners’ consent 11 times so far this year
By Brian Fung, CNN Amazon’s smart-doorbell company, Ring, has provided surveillance footage to law enforcement without a warrant or the consent…
Continue Reading Here are the highlights from Twitter’s lawsuit against Elon Musk
By Clare Duffy, CNN Business It’s not every day that a major corporate lawsuit features a poop emoji, but then again it’s not every day…
Continue Reading What recession? America’s banks reveal few signs of trouble
By Julia Horowitz, CNN Business If a recession were to arrive in the United States, there would normally be evidence of pain at America’s…
Continue Reading This AI image generator lets you type in words and get weird pictures back
By Rachel Metz, CNN Business It only took Matt Laming, a 19-year-old from the United Kingdom, about a month to hit a million followers on Twitter.…
Continue Reading This AI image generator lets you type in words and get weird pictures back
By Rachel Metz, CNN Business It only took Matt Laming, a 19-year-old from the United Kingdom, about a month to hit a million followers on Twitter.…
Continue Reading Pepsi is making big money on smaller portions
By Danielle Wiener-Bronner, CNN Business The biggest trend in snacking is something small: Chip bags and sodas are going mini. PepsiCo is seeing…
Continue Reading Chinese homebuyers refuse to pay mortgages on unfinished apartments
By Laura He, CNN Business China’s real estate crisis is escalating, raising concerns about growing risks in the banking system. Desperate…
Continue Reading