Disney plans to cut 7,000 jobs and reward shareholders
By Chris Isidore, CNN Business Disney said it would cut 7,000 jobs from its global workforce, part of a multibillion-dollar cost-cutting initiative…
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Discovery+ is sticking around. It’s a strategy shift for Warner Bros. Discovery
By Jordan Valinsky, CNN Discovery+ isn’t disappearing, after all. Warner Bros. Discovery, CNN’s parent company, has decided to continue…
Continue Reading Google shares lose $100 billion after company’s AI chatbot makes an error during demo
By Catherine Thorbecke, CNN Google’s much-hyped new AI chatbot tool Bard, which has yet to be released to the public, is already being called…
Continue Reading Discovery+ is sticking around. It’s a strategy shift for Warner Bros. Discovery
By Jordan Valinsky, CNN Discovery+ isn’t disappearing, after all. Warner Bros. Discovery, CNN’s parent company, has decided to continue…
Continue Reading Here’s what keeps Jerome Powell up at night and interest rates high
By Nicole Goodkind, CNN Federal Reserve Chairman Jerome Powell threw markets into a tizzy on Tuesday as he spoke about the economy alongside his…
Continue Reading Google details plans to use AI in search results
By Catherine Thorbecke, CNN Google on Wednesday detailed plans to use artificial intelligence technology to radically change how people search for…
Continue Reading I tried Microsoft’s new AI-powered Bing. Here’s what it’s like
By Clare Duffy, CNN Business Microsoft’s Bing search engine has never made much of a dent in Google’s dominance in the more than 13 years…
Continue Reading How companies are trying to help victims of the earthquake in Turkey and Syria
By Olesya Dmitracova, CNN Companies around the world are racing to provide help to the victims of the devastating earthquake straddling Turkey and…
Continue Reading British postal service unveils first stamps featuring King Charles III
By Issy Ronald, CNN Business The first stamps featuring King Charles III were unveiled on Wednesday by the Royal Mail, the British postal service.…
Continue Reading Taco Bell’s breakfast sales soar. It can thank Pete Davidson
By Jordan Valinsky, CNN Breakfast at Taco Bell has been saved — and the chain has Pete Davidson to thank. Sales of Taco Bell’s breakfast…
Continue Reading Your Super Bowl party won’t break the budget this year, but watch out for beer
By Parija Kavilanz, CNN With just days to go to Super Bowl LVII, it’s crunch time if you’re hosting a party this year. That means…
Continue Reading Bed Bath & Beyond was a retail pioneer. Here’s what went wrong
By Nathaniel Meyersohn, CNN Bed Bath & Beyond, America’s quintessential home furnishings’ chain, is fighting to stay in business.…
Continue Reading Twitter access in Turkey is restored, according to network monitoring firm
By Brian Fung, CNN Access to Twitter has been restored in Turkey, according to internet monitoring company Netblocks. “The restoration comes…
Continue Reading Twitter access in Turkey is restored, according to network monitoring firm
By Brian Fung, CNN Access to Twitter has been restored in Turkey, according to internet monitoring company Netblocks. “The restoration comes…
Continue Reading Want your tax refund faster? Here’s what to do
By Jeanne Sahadi, CNN However you feel about doing your taxes, chances are that, if you expect to get a refund, you’ll want it fast. The IRS…
Continue Reading Nigeria delays plans to replace its banknotes after chaotic scenes at ATMs
By Nimi Princewill and Stephanie Busari, CNN Nigeria was forced Wednesday to delay plans to replace its banknotes with a redesigned currency after…
Continue Reading UK competition regulator warns Microsoft’s Activision deal could harm millions of gamers
By Brian Fung, CNN Microsoft’s $69 billion purchase of Activision Blizzard could harm competition by letting Microsoft restrict…
Continue Reading Google details plans to use AI in search results
By Catherine Thorbecke, CNN Google on Wednesday detailed plans to use artificial intelligence technology to radically change how people search for…
Continue Reading Turkey’s stock market halted after earthquake leads to sharp selloff
By Anna Cooban, CNN Turkey’s stock market has sunk 15% in the three days since a devastating earthquake hit parts of the country’s south,…
Continue Reading Turkey’s stock market halted after earthquake leads to sharp selloff
By Anna Cooban, CNN Turkey’s stock market has sunk 15% in the three days since a devastating earthquake hit parts of the country’s south,…
Continue Reading US-China trade defies talk of decoupling to hit record high in 2022
By Juliana Liu, CNN Trade between the United States and China hit a record high in 2022, even as political tension heightened between the…
Continue Reading Rail unions reach deal with CSX railroad for paid sick time
By Vanessa Yurkevich, CNN CSX Transportation announced Tuesday that it had reached a deal with two railroad unions regarding paid sick leave. The…
Continue Reading Chinese savers stashed away $2.6 trillion last year but property crash will cool ‘revenge spending’
By Laura He, CNN Even for a famously frugal nation, Chinese people saved a lot last year. Stuck at home due to Covid restrictions, they socked away a…
Continue Reading IRS suggests waiting to file your taxes if you got a special payment from your state in 2022
By Jeanne Sahadi, CNN Business Millions of Californians in 2022 got a special check from their state government to offer relief from a variety of…
Continue Reading Americans are becoming ‘reluctant’ to make larger purchases, new Fed report shows
By Alicia Wallace, CNN As retail sales took a bit of a breather in December, so did the credit cards. US consumers’ outstanding credit grew by…
Continue Reading Are we on the brink of a corporate credit crisis?
By Nicole Goodkind, CNN Everyone seems to be in a bit of a debt bind at the moment: The US government has run out of credit to spend, high inflation…
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6 ways to strengthen your retirement savings this year
Stacker analyzed best practices from reputable news and financial institutions for tips to strengthen your retirement portfolio for the new…
Continue Reading Zoom will lay off 1,300 employees and CEO is taking a massive pay cut
By Catherine Thorbecke, CNN Zoom on Tuesday said it will lay off about 1,300 employees, or approximately 15% of its staff, becoming the latest tech…
Continue Reading Fed Chair Powell: Inflation fight will take ‘a significant period of time’
By Alicia Wallace, CNN The US labor market remains “extraordinarily strong” and Friday’s monster jobs report underscored that the…
Continue Reading Microsoft unveils revamped Bing search engine using AI technology more powerful than ChatGPT
By Clare Duffy, CNN Microsoft on Tuesday announced a revamp of its Bing search engine and Edge web browser powered by artificial intelligence, weeks…
Continue Reading Sen. Daines’ Twitter account suspended after posting profile picture of himself hunting
By Brian Fung, CNN Twitter temporarily suspended Montana Republican Sen. Steve Daines’s account for violations of the company’s sensitive…
Continue Reading Bed Bath & Beyond closes stores and raises $1 billion to stave off bankruptcy
By Jordan Valinsky, CNN Bed Bath & Beyond is closing 150 more stores — just a week after the struggling retailer announced the closure of 87…
Continue Reading ‘Britcoin’ could arrive in the second half of the decade
By Julia Horowitz, CNN The United Kingdom is pushing ahead with plans to create a digital pound issued by the Bank of England that would offer a…
Continue Reading This Fed official grocery shops for his family and knows just how high prices are
By Paul R. La Monica, CNN Neel Kashkari, president of the Federal Reserve Bank of Minneapolis, understands that consumers are still struggling to…
Continue Reading After the Super Bowl, State Farm stadium will have tons of leftovers. Here’s how that food will get to people in need fast
By Parija Kavilanz, CNN On Super Bowl Sunday, an army of volunteers will be ready outside and inside State Farm Stadium in Glendale, Arizona to…
Continue Reading Massive Microsoft Outlook outage brings email to a halt
By Rob McLean, CNN Microsoft reported that a “full restoration” of its Outlook service was nearly complete mid-morning Tuesday after a…
Continue Reading Inflation was still hot in January, but some prices are cooling off
By Alicia Wallace, CNN Inflation surged in January by the most in three months, according to the latest Consumer Price Index released Tuesday. But…
Continue Reading US senators seek answers from Meta on whether user data was accessed by China, Russia and others
By Brian Fung, CNN Top US lawmakers on the Senate Intelligence Committee want answers from Meta on a newly disclosed internal investigation it…
Continue Reading ‘Britcoin’ could arrive in the second half of the decade
By Julia Horowitz, CNN The United Kingdom is pushing ahead with plans to create a digital pound issued by the Bank of England that would offer a…
Continue Reading Boeing is cutting 2,000 HR and finance jobs, outsourcing some to India
By Chris Isidore, CNN Boeing plans to cut about 2,000 white-collar jobs in finance and human resources, and it will be shifting some of that work to…
Continue Reading Amazon to donate supplies to Turkey’s earthquake victims
By Anna Cooban, CNN Amazon has announced that it will help victims of the Turkey earthquake by donating food, medicine and equipment from its…
Continue Reading State of the Union, recession, crypto woes and more tech layoffs: What investors are watching
By Nicole Goodkind, CNN Here’s what investors are paying attention to this Tuesday morning: â–¸ President Joe Biden is set to deliver his…
Continue Reading BP posts record profit and boosts investment in oil and gas
By Michelle Toh and Anna Cooban, CNN BP’s annual profit more than doubled last year to an all-time high of nearly $28 billion, extending a…
Continue Reading Australia’s central bank signals more tightening ahead after hiking rates to decade high
By Reuters Australia’s central bank raised its cash rate by 25 basis points to a decade-high of 3.35% on Tuesday and reiterated that further…
Continue Reading Baidu stock surges after announcement of ChatGPT-style AI bot
By Michelle Toh, CNN Shares in Baidu soared on Tuesday, after the Chinese search engine giant said it would be launching its own ChatGPT-style…
Continue Reading Alibaba is launching a ChatGPT rival too
By Michelle Toh, CNN Alibaba says it will launch its own ChatGPT-style tool, becoming the latest tech giant to jump on the chatbot bandwagon. The…
Continue Reading Binance briefly halts US dollar transfers
By Allison Morrow Binance, the world’s largest crypto exchange, said it would temporarily halt transfers of US dollars starting Wednesday.…
Continue Reading Google unveils its ChatGPT rival
By Catherine Thorbecke, CNN Google on Monday unveiled a new chatbot tool dubbed “Bard” in an apparent bid to compete with the viral…
Continue Reading FAA proposes fining United $1 million for skipping safety steps
By Gregory Wallace, CNN Airline regulators on Monday proposed slapping United Airlines with a $1.15 million fine for safety concerns about how it…
Continue Reading Britain’s NHS was once idolized. Now its worst-ever crisis is fueling a boom in private health care
By Hanna Ziady, CNN Tens of thousands of nurses and nearly 12,000 ambulance workers went on strike Monday over pay and working conditions in the…
Continue Reading Britain’s NHS was once idolized. Now its worst-ever crisis is fueling a boom in private health care
By Hanna Ziady, CNN Tens of thousands of nurses and nearly 12,000 ambulance workers went on strike Monday over pay and working conditions in the…
Continue Reading This Valentines’ Day, propose at Cracker Barrel and you might just win free food for a year
By Zoe Sottile, CNN Love is in the air — and it smells like Cracker Barrel. The restaurant chain has announced a romantic new venture for…
Continue Reading Did investors learn nothing from last year’s market meltdown?
By Paul R. La Monica, CNN Meme stock mania was supposed to be over, right? Guess what: It’s not. Sure, the entire market did well in January.…
Continue Reading The world is creating more single-use plastic waste than ever, report finds
By Hilary Whiteman, CNN The world is producing a record amount of single-use plastic waste, mostly made from polymers created from fossil fuels,…
Continue Reading Inflation may be falling — but not the cost of your car insurance
By Jeanne Sahadi, CNN If you think news that inflation is easing means you’re not going to get hit with any more higher prices, think again. At…
Continue Reading The bear market could make a comeback
By Nicole Goodkind, CNN Business Investors who believe the bear market is over are “ignorant,” Lisa Shalett, chief investment officer of…
Continue Reading Dell to lay off more than 6,500 employees
By Brian Fung, CNN Dell plans to lay off roughly 5% of its workforce, the company said in a regulatory filing Monday, in the latest example of tech…
Continue Reading National Enquirer has finally been sold after seeking a buyer for years
By Jordan Valinsky, CNN Business National Enquirer, the 97-year-old controversial tabloid behind several bombshell celebrity and political scandals,…
Continue Reading Powerball jackpot grows to 5th largest prize at $747 million
By Hannah Sarisohn and Zoe Sottile, CNN Powerball players might just have a shot at winning $747 million, the fifth-largest jackpot in the…
Continue Reading AMC Theaters is changing its ticket pricing
By Jordan Valinsky, CNN Business AMC Theaters is changing the way it charges for seats. America’s largest movie chain announced that the prices…
Continue Reading FTX to politicians: Give us back our donations or we’ll sue you
By Allison Morrow, CNN The new management of FTX is pressuring hundreds of politicians and political organizations to return millions of dollars…
Continue Reading Diesel prices fall in Europe despite ban on Russian fuel
By Anna Cooban, CNN Europe’s ban on Russia’s diesel arrived painlessly on Sunday. Although the EU cut off its biggest supplier, diesel…
Continue Reading The CEO of America’s second-largest bank is preparing for possible US debt default
By Paul R. La Monica, CNN Congress is once again bickering about raising the debt ceiling, the amount of money the US government can borrow to pay…
Continue Reading The CEO of America’s second-largest bank is preparing for possible US debt default
By Paul R. La Monica, CNN Congress is once again bickering about raising the debt ceiling, the amount of money the US government can borrow to pay…
Continue Reading Janet Yellen: You don’t have a recession when you have the lowest unemployment rate in 50 years
By Betsy Klein, CNN Treasury Secretary Janet Yellen said Monday that the probability of a US recession this year is low as she touted job growth and…
Continue Reading Disney won’t show ‘Simpsons’ episode in Hong Kong that mentions ‘forced labor’
By Michelle Toh, CNN An episode of “The Simpsons” that includes a line about “forced labor camps” in mainland China has been…
Continue Reading Adani scrambles to reassure creditors as crisis enters third week
By Diksha Madhok, CNN Indian billionaire Gautam Adani is repaying some debt early as he scrambles to end a rout in shares of his embattled…
Continue Reading Inflation may be falling — but not the cost of your car insurance
By Jeanne Sahadi, CNN If you think news that inflation is easing means you’re not going to get hit with any more higher prices, think again. At…
Continue Reading Foxconn January sales hit record high after production restored at world’s biggest iPhone factory
By Michelle Toh, CNN Apple supplier Foxconn says its January monthly sales hit a record high as it bounced back from Covid-19 disruptions in China.…
Continue Reading Larry Summers: More likely the Fed can pull off a soft landing, but don’t get hopes up
By Ramishah Maruf, CNN After a shocking jobs report, Larry Summers, treasury secretary under Bill Clinton, said he is more encouraged the Fed can…
Continue Reading Larry Summers: More likely the Fed can pull off a soft landing, but don’t get hopes up
By Ramishah Maruf, CNN After a shocking jobs report, Larry Summers, treasury secretary under Bill Clinton, said he is more encouraged the Fed can…
Continue Reading Weekly jobless claims edged up last week, but the labor market remains robust
By Lucy Bayly, CNN First-time applications for unemployment benefits rose last week to 196,000, a slightly higher total than the 190,000 that…
Continue Reading Investigators probing a possible near-collision between two aircraft on an airport runway in Austin, Texas
By Pete Muntean, CNN A FedEx cargo plane trying to land at an Austin, Texas, airport had to change course Saturday to avoid a potential collision…
Continue Reading Investigators probing a possible near-collision between two aircraft on an airport runway in Austin, Texas
By Pete Muntean, CNN A FedEx cargo plane trying to land at an Austin, Texas, airport had to change course Saturday to avoid a potential collision…
Continue Reading Ford Mustang Mach-E has a mile of wires it doesn’t need. That’s a big deal
By Chris Isidore, CNN Ford showed this week that it’s not going to be as easy for traditional automakers to catch Tesla in the race to build…
Continue Reading Super Bowl LVI was crypto’s coming out party. This year, the party’s over
By Allison Morrow, CNN Super Bowl LVIÂ was the crypto world’s coming out party. Buzzy firms made bold pitches last year, and shelled out…
Continue Reading Gautam Adani lost half his wealth in a flash. Here’s what happened
By Julia Horowitz, CNN Less than two weeks ago, Gautam Adani was the fourth-richest person in the world. With a personal fortune estimated at $120…
Continue Reading Disney World union members reject contract offer
By Chris Isidore and Vanessa Yurkevich, CNN Unionized workers at Disney World have rejected a contract proposal from the company that would have…
Continue Reading Ford is getting back into Formula 1 racing to help sell EVs
By Peter Valdes-Dapena, CNN America’s major automakers are getting back into Formula 1 racing. Following General Motors’ recent…
Continue Reading In boost for Ford and Tesla, Treasury changes EV tax rules making it easier to qualify as an SUV
By Peter Valdes-Dapena, CNN Business Is the Ford Mustang Mach-E an SUV? How about the Tesla Model Y? Depending on which branch of the US government…
Continue Reading Elon Musk wins lawsuit over ‘funding secured’ tweet
By Clare Duffy, CNN A California jury has ruled that Elon Musk is not liable for losses experienced by Tesla shareholders following his controversial…
Continue Reading 4 key takeaways from the jaw-dropping January jobs report
By Allison Morrow, CNN America’s job market demonstrated its stunning resilience Friday, besting expectations by a factor of nearly three and…
Continue Reading Why Twitter users are upset about the platform’s latest change
By AJ Willingham, CNN The season of Twitter shakeups isn’t over yet. The social media platform has announced it will eliminate free API access…
Continue Reading Offices are more than 50% filled for the first time since the pandemic started
By Jordan Valinsky, CNN Nearly three years after the pandemic began, American offices are finally more than halfway filled again as workers have…
Continue Reading Is the Fed ignoring long Covid in its inflation fight?
By Nicole Goodkind, CNN Federal Reserve officials have for months blamed a dwindling supply of US workers for elevated inflation levels. During his…
Continue Reading The US economy added a whopping 517,000 jobs in January
By Alicia Wallace, CNN The US economy added an astonishing 517,000 jobs in January, showing that the labor market isn’t ready to cool down just…
Continue Reading Activision Blizzard settles SEC charges for $35 million
By Brian Fung, CNN Activision Blizzard will pay $35 million to settle US government allegations that the video game giant violated a whistleblower…
Continue Reading Is the Fed ignoring long Covid in its inflation fight?
By Nicole Goodkind, CNN Federal Reserve officials have for months blamed a dwindling supply of US workers for elevated inflation levels. During his…
Continue Reading Adani will ask Big 4 accounting firm for a ‘general audit,’ says TotalEnergies
By Olesya Dmitracova, CNN One of Gautam Adani’s biggest international partners, TotalEnergies, said Friday that his Indian conglomerate is…
Continue Reading Adani market rout deepens as uproar brings Indian parliament to a halt
By Diksha Madhok and Olesya Dmitracova, CNN Shares in most Adani Group companies slumped again Friday and India’s parliament was adjourned amid…
Continue Reading Hong Kong and Macao will fully reopen borders with mainland China
By Michelle Toh and Wayne Chang, CNN China will fully reopen borders with its special administrative regions of Hong Kong and Macao next week, in…
Continue Reading ‘It turned bad in an instant’: CNN crew has close call in Ukraine as Russian missiles pummel their location
By Oliver Darcy, CNN CNN correspondent Frederik Pleitgen and his team were traveling on Thursday to the Ukrainian city of Kramatorsk to report on the…
Continue Reading ‘It turned bad in an instant’: CNN crew has close call in Ukraine as Russian missiles pummel their location
By Oliver Darcy, CNN CNN correspondent Frederik Pleitgen and his team were traveling on Thursday to the Ukrainian city of Kramatorsk to report on the…
Continue Reading Mortgage rates fall for fourth week in a row
By Anna Bahney, CNN Mortgage rates fell slightly this week, as a smaller rate hike by the Federal Reserve signaled promising improvement on…
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How cashless spending has grown since 2015
When was the last time you wrote a check? Experian examined Federal Reserve data to see how cashless spending has evolved in recent…
Continue Reading Greenpeace activists scale Shell oil platform in the Atlantic Ocean as company announces record profits
By Laura Paddison, CNN Activists from the campaign group Greenpeace have boarded a ship in the Atlantic Ocean and scaled a Shell oil platform that is…
Continue Reading Shell profits double to record $40 billion
By Michelle Toh and Hanna Ziady, CNN Shell made a record profit of almost $40 billion in 2022, more than double what it raked in the previous year…
Continue Reading How do you lose a radioactive capsule? Australian investigators are wondering too
By Hilary Whiteman, CNN The discovery of a tiny lost radioactive capsule beside a remote highway in Western Australia raises many questions —…
Continue Reading ‘The Daily Show’s’ Roy Wood Jr. selected as White House Correspondents’ Dinner entertainer
By Oliver Darcy, CNN Business Roy Wood Jr., the comedian known for his role on Comedy Central’s “The Daily Show,” will be the…
Continue Reading A first generation iPhone fetches $63,000 at auction
By Jennifer Korn, CNN A first-generation 2007 iPhone sold for more than $63,000 in an online auction Sunday, more than 100 times its original cost.…
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