Online shopping bummer: Out-of-stock products surged 172% from pre-pandemic levels
By Parija Kavilanz, CNN Business If you were shopping online in the late summer, chances are you may have been hit with an unfortunate message: The…
Continue ReadingMoney
Supply chain stress is intensifying and showing no signs of fading, Moody’s Analytics says
By Matt Egan, CNN Business From port congestion and price spikes to widespread shortages, stress in US supply chains is intensifying and could slow…
Continue Reading Fox News anchor Neil Cavuto tests positive for Covid-19
By Brian Stelter, CNN Business Fox News anchor Neil Cavuto has tested positive for Covid-19. Cavuto, who has been public about his health challenges…
Continue Reading Facebook is planning to change its name, report says
By Charles Riley, CNN Business Facebook is planning to rebrand itself with a new name focused on the metaverse, the Verge reported on Tuesday, as the…
Continue Reading This is the secret to dealing with inflation
By Julia Horowitz, CNN Business Procter & Gamble, the consumer goods giant that makes Pampers diapers, Crest toothpaste and Tide detergent, says…
Continue Reading Holiday bummer: Now prices are soaring for Christmas trees and decorations
By Parija Kavilanz, CNN Business It’s a good thing that consumers are in a mood to spend heading into the holiday season. They may have to dish…
Continue Reading How Verizon became the Dow’s worst stock
By Paul R. La Monica, CNN Business Verizon reported earnings that topped forecasts Wednesday morning and issued a more upbeat outlook for 2022.…
Continue Reading Bitcoin surges to new record above $66,000
By Paul R. La Monica, CNN Business The bitcoin bull market is showing no signs of slowing down. Bitcoin, the world’s most valuable…
Continue Reading Facebook fined $70 million for ‘deliberate’ failure to comply with UK regulator
Walé Azeez, CNN Business The UK competition regulator has slapped Facebook with a $70 million fine for repeatedly ignoring warnings and deliberately…
Continue Reading Facebook kept its own oversight board in the dark on program for VIP users
By Hanna Ziady, CNN Business Facebook failed to provide crucial details about its “Cross-Check” program that reportedly shielded millions…
Continue Reading Holiday bummer: Now prices are soaring for Christmas trees and decorations
By Parija Kavilanz, CNN Business It’s a good thing that consumers are in a mood to spend heading into the holiday season. They may have to dish…
Continue Reading Everything you’re waiting for is in these containers
By Chris Isidore, CNN Business Virtually every US home contains items that came through the ports of Los Angeles or Long Beach. The neighboring…
Continue Reading White House explores deploying the National Guard to ease supply chain crisis but is unlikely to use this option
By Matt Egan, CNN Business Facing a mounting supply chain crisis, the White House is exploring whether to deploy the National Guard to ease…
Continue Reading Netflix co-CEO on Dave Chappelle fallout: I screwed up
By Jordan Valinsky, CNN Business Netflix co-CEO Ted Sarandos has some regrets about how he handled Dave Chappelle’s stand-up special, even…
Continue Reading
Facebook is planning to change its name, report says
By Charles Riley, CNN Business Facebook is planning to rebrand itself with a new name focused on the metaverse, the Verge reported on Tuesday, as the…
Continue Reading China tells mines to produce ‘as much coal as possible’
Philip Wang, CNN Business The Chinese government has ordered the country’s coal mines to “produce as much coal as possible” as it…
Continue Reading Floods and landslides kill at least 150 in India and Nepal
By Jessie Yeung and Esha Mitra, CNN Record-breaking rains and heavy flooding have killed at least 150 people in India and Nepal over the past few…
Continue Reading China’s real estate crisis could threaten growth into 2022. Beijing’s undeterred
By Laura He, CNN Business China’s growth is seriously slowing down as the country lurches from one economic threat to another. And while some…
Continue Reading The world plans to produce far more fossil fuel than it should to stay under dangerous climate limits, UN says
By Rachel Ramirez, CNN Business Ahead of a critical global climate conference in November, a UN report released Wednesday shows that many of the…
Continue Reading The world plans to produce far more fossil fuel than it should to stay under dangerous climate limits, UN says
By Rachel Ramirez, CNN Business Ahead of a critical global climate conference in November, a UN report released Wednesday shows that many of the…
Continue Reading The world plans to produce far more fossil fuel than it should to stay under dangerous climate limits, UN says
By Rachel Ramirez, CNN Business Ahead of a critical global climate conference in November, a UN report released Wednesday shows that many of the…
Continue Reading Wanted: 80,000 truck drivers to help fix the supply chain
By Vanessa Yurkevich, CNN The trucking industry is short 80,000 drivers, a record high, Chris Spear, President and CEO of the American Trucking…
Continue Reading Fox News anchor Neil Cavuto tests positive for Covid-19
By Brian Stelter, CNN Business Fox News anchor Neil Cavuto has tested positive for Covid-19. Cavuto, who has been public about his health challenges…
Continue Reading Crucial test for Boeing’s Starliner, built to carry humans, delayed until 2022
By Jackie Wattles, CNN Business Boeing’s long-awaited spacecraft, called Starliner, is still facing a long road ahead before it’ll be…
Continue Reading Former lead Virgin Galactic test pilot takes new gig at Blue Origin
By Kristin Fisher and Jackie Wattles, CNN Mark “Forger” Stucky, who for six years headed the test pilot program at space company Virgin…
Continue Reading Netflix adds 4.4 million subscribers, praises ‘Squid Game’
By Frank Pallotta, CNN Business Netflix now has 213.5 million subscribers globally, having added 4.4 million subscribers in the third quarter of…
Continue Reading Katie Couric says she has no relationship with Matt Lauer
By Jordan Valinsky, CNN Business Katie Couric says she has “no relationship” with Matt Lauer, her former ‘Today’ co-anchor…
Continue Reading Wanted: 80,000 truck drivers to help fix the supply chain
By Vanessa Yurkevich, CNN The trucking industry is short 80,000 drivers, a record high, Chris Spear, President and CEO of the American Trucking…
Continue Reading Why some say the worst of the supply chain woes are near an end
By Paul R. La Monica, CNN Business Forget about The Grinch: It looks like supply chain disruptions may steal Christmas this year. But will these…
Continue Reading Why some say the worst of the supply chain woes are near an end
By Paul R. La Monica, CNN Business Forget about The Grinch: It looks like supply chain disruptions may steal Christmas this year. But will these…
Continue Reading CNN’s John King discloses he is immunocompromised
By Oliver Darcy, CNN Business CNN anchor and Chief National Correspondent John King told viewers on Tuesday that he has multiple sclerosis and is…
Continue Reading CNN’s John King discloses he is immunocompromised
By Oliver Darcy, CNN Business CNN anchor and Chief National Correspondent John King told viewers on Tuesday that he has multiple sclerosis and is…
Continue Reading Biden’s stimulus plan is fueling short-term inflation, SF Fed paper finds
By Matt Egan, CNN Business President Joe Biden’s $1.9 trillion American Rescue Plan is contributing to elevated inflation but it isn’t…
Continue Reading How AirPods became Apple’s hottest product
By Samantha Murphy Kelly, CNN Business Almost immediately after Apple unveiled its new AirPods product in 2016, the memes began. There were…
Continue Reading Google Pixel 6 lineup with its first custom-made chip goes after the iPhone
By Samantha Murphy Kelly, CNN Business Google’s Pixel smartphones are taking a big step toward becoming a true Apple iPhone and Samsung Galaxy…
Continue Reading These toiletry items may soon be more expensive
By Nathaniel Meyersohn, CNN Business Procter & Gamble, one of the country’s largest consumer goods manufacturers, said Tuesday that…
Continue Reading Bill Gates was told to stop ‘inappropriate’ emails with Microsoft employee in 2008, report says
By Clare Duffy, CNN Business Years before Microsoft’s board investigated a romantic relationship that founder Bill Gates had with an employee,…
Continue Reading Taco Bell is giving away free breakfast burritos
By Jordan Valinsky, CNN Business Breakfast is back on the menu at Taco Bell, so it’s giving away free food to celebrate. On Thursday, the chain…
Continue Reading Discounts will be harder to find this holiday season. Blame the supply chain
By Parija Kavilanz, CNN Business Every year shoppers expect to find plenty of juicy deals when they start their end-of-year holiday gift buying. This…
Continue Reading He took a job with his college buddy’s sister, Elizabeth Holmes. Now he’s a witness in her trial
By Sara O’Brien, CNN Business To many people a decade or so ago, Elizabeth Holmes was the founder of high-flying blood-testing startup…
Continue Reading Katie Couric says she has no relationship with Matt Lauer
By Jordan Valinsky, CNN Business Katie Couric says she has “no relationship” with Matt Lauer, her former ‘Today’ co-anchor…
Continue Reading Katie Couric says she has no relationship with Matt Lauer
By Jordan Valinsky, CNN Business Katie Couric says she has “no relationship” with Matt Lauer, her former ‘Today’ co-anchor…
Continue Reading The first bitcoin ETF finally begins trading
By Paul R. La Monica, CNN Business Cryptocurrency investors finally got what they’ve been clamoring for as the first bitcoin-linked,…
Continue Reading 3 ways executives hold Black women back at work
Opinion by Denise Hamilton for CNN Business Perspectives Despite promises from across the corporate world to diversify leadership and give people of…
Continue Reading Out-of-stock problems for online shopping are getting worse
By Parija Kavilanz, CNN Business If you’ve already started your online holiday shopping this year, you may be seeing a lot more of those three…
Continue Reading What actually happened during GameStop mania?
By Julia Horowitz, CNN Business In late January, there was one question on the minds of investors: How did a struggling mall-based video game…
Continue Reading Right-wing media figures dishonestly use Colin Powell’s death to question Covid vaccines
By Oliver Darcy, CNN Business Some prominent conservative media figures on Monday dishonestly used the death of former US Secretary of State Colin…
Continue Reading Right-wing media figures dishonestly use Colin Powell’s death to question Covid vaccines
By Oliver Darcy, CNN Business Some prominent conservative media figures on Monday dishonestly used the death of former US Secretary of State Colin…
Continue Reading North America’s biggest container port faces record backlog
By Alexandra Meeks, Chris Isidore and Vanessa Yurkevich, CNN Business Approximately 200,000 shipping containers remain on ships off the coast of Los…
Continue Reading German media group fires Bild editor after damning press reports
By Mick Krever and Charles Riley, CNN Business German media group Axel Springer said on Monday that it has fired the editor-in-chief of the Bild…
Continue Reading Zillow slams the brakes on home buying as it struggles to manage its backlog of inventory
By Anna Bahney, CNN Business Zillow will stop buying homes through Zillow Offers for the rest of the year, as the company’s iBuying program…
Continue Reading Amazon plans to hire 150,000 temporary workers for the holidays
By Nathaniel Meyersohn, CNN Business Amazon plans to add 150,000 temporary workers in the United States for the holiday shopping rush, a 50% increase…
Continue Reading What the global gas and coal crisis means for clean energy
Opinion by Henning Gloystein for CNN Business Perspectives Energy shortages and price spikes are roiling markets around the globe. The situation…
Continue Reading Apple-1 computer goes on sale, with bids expected to reach $600,000
By Jack Guy, CNN Business One of Apple’s first computers is up for auction and it could sell for as much as $600,000. The Apple-1 that is going…
Continue Reading More proof that America is returning to normal: Concerts are back
By Paul R. La Monica, CNN Business Music superstars BTS and Harry Styles are hitting the road this fall, while The Weeknd and Billie Eilish have…
Continue Reading More proof that America is returning to normal: Concerts are back
By Paul R. La Monica, CNN Business Music superstars BTS and Harry Styles are hitting the road this fall, while The Weeknd and Billie Eilish have…
Continue Reading Amazon may have lied to Congress, bipartisan group of lawmakers say
By Matt Egan, CNN Business A bipartisan group of lawmakers warned Amazon on Monday they are concerned top executives including former CEO Jeff Bezos…
Continue Reading America’s factories were hurt by shortages of workers and supplies last month
By Anneken Tappe, CNN Business September was no easy month for America’s factories. They struggled with shortages of materials and qualified…
Continue Reading America’s factories were hurt by shortages of workers and supplies last month
By Anneken Tappe, CNN Business September was no easy month for America’s factories. They struggled with shortages of materials and qualified…
Continue Reading Pork is already super expensive. This new animal-welfare law could push prices higher
By Alicia Wallace, CNN Business Pork, much like everything else these days, has gotten more expensive due in part to the supply chain issues and…
Continue Reading Got a job offer but hoping another one comes through? Here’s what to do
By Kathryn Vasel, CNN Business You’ve been interviewing with three different companies that all sound promising, and Company A is the first to…
Continue Reading Coal-fired power is on the rise in America for the first time since 2014
By Matt Egan, CNN Business In a blow to the climate movement, US power companies are ramping up their coal consumption due to surging natural gas…
Continue Reading IHOP hopes its latest menu addition will bring customers for lunch and dinner
By Danielle Wiener-Bronner, CNN Business IHOP wants to give you a new reason to get its food on the go and consider it an option for later in the…
Continue Reading Sinclair Broadcast Group hit by ransomware attack, upending local TV newscasts
By Sean Lyngaas and Brian Stelter, CNN Sinclair Broadcast Group, one of the largest TV station operators in the US, said Monday that a ransomware…
Continue Reading Amazon may have lied to Congress, bipartisan group of lawmakers say
By Matt Egan, CNN Business A bipartisan group of lawmakers warned Amazon on Monday they are concerned top executives including former CEO Jeff Bezos…
Continue Reading Goldman Sachs looks forward to a ‘new chapter’ in China
By Julia Horowitz, CNN Business Goldman Sachs has received clearance to take full ownership of its securities joint venture in China, a sign that…
Continue Reading Apple unveils new MacBooks and its next-generation AirPods
By Samantha Murphy Kelly, CNN Business Apple showed off its second batch of new products ahead of the all-important holiday shopping season. At a…
Continue Reading Facebook to hire 10,000 people in EU to build the ‘metaverse’
By Walé Azeez, CNN Business Facebook plans to hire up to 10,000 workers in Europe to build a “metaverse” that will combine virtual and…
Continue Reading Facebook to hire 10,000 people in EU to build the ‘metaverse’
By Walé Azeez, CNN Business Facebook plans to hire up to 10,000 workers in Europe to build a “metaverse” that will combine virtual and…
Continue Reading This could make bitcoin bigger than ever
By Julia Horowitz, CNN Business This year, cryptocurrencies have been up. They’ve been down. But they never seem to be entirely out.…
Continue Reading Stellantis is the latest automaker planning an expensive EV battery factory
By Rob McLean and Chris Isidore, CNN Business The auto industry continues its rush to build factories for production of the massive batteries needed…
Continue Reading China’s economy is getting walloped by crises in energy, shipping and real estate
By Laura He, CNN Business China’s GDP is growing at the slowest pace in a year as a massive energy crunch, shipping disruptions and a deepening…
Continue Reading The carbon offset market could be worth $200 billion by 2050. But what is it?
By Ed Scott-Clarke and Max Burnell, CNN Business Companies and people who want to cancel out the impact of their emissions on the climate often turn…
Continue Reading At least 27 people killed after torrential rain in India’s Kerala state triggers landslides and floods
By Rhea Mogul, Swati Gupta and Manveena Suri, CNN At least 27 people have been killed after heavy rain triggered floods and landslides in southern…
Continue Reading China’s economy is getting walloped by crises in energy, shipping and real estate
By Laura He, CNN Business China’s GDP is growing at the slowest pace in a year as a massive energy crunch, shipping disruptions and a deepening…
Continue Reading What to expect at Apple’s MacBook event
By Samantha Murphy Kelly, CNN Business Apple is set to kick off its second product event of the season, a month after introducing its new iPhone 13…
Continue Reading ‘More reporting:’ How journalists should cover threats to democracy
By Ramishah Maruf, CNN Business The media treats some aspects of the first amendment — such as press freedom — as sacred. But when it comes to…
Continue Reading ‘More reporting:’ How journalists should cover threats to democracy
By Ramishah Maruf, CNN Business The media treats some aspects of the first amendment — such as press freedom — as sacred. But when it comes to…
Continue Reading Bari Weiss’ next act: a Substack newsletter that serves as ‘the newspaper for the 21st century’
By Brian Stelter, CNN Business Bari Weiss says her publication on Substack, Common Sense, is meant to be “the newspaper for the 21st century,…
Continue Reading Bari Weiss’ next act: a Substack newsletter that serves as ‘the newspaper for the 21st century’
By Brian Stelter, CNN Business Bari Weiss says her publication on Substack, Common Sense, is meant to be “the newspaper for the 21st century,…
Continue Reading ‘Halloween Kills’ slays at the box office
By Frank Pallotta, CNN Business Michael Myers made a killing at the box office, even though he was also streaming. Universal Pictures’…
Continue Reading ‘Squid Game’ is a huge hit. That may not be enough for Netflix
By Paul R. La Monica, CNN Business For much of this year, Netflix shares have trailed big tech rivals Facebook, Apple and Amazon. That’s no…
Continue Reading ‘SNL’ tackles the NFL’s Jon Gruden email scandal
By Frank Pallotta, CNN Business The NFL had a rough week, and “Saturday Night Live” made sure to tackle it on this weekend’s…
Continue Reading 3 ways executives hold Black women back at work
Opinion by Denise Hamilton for CNN Business Perspectives Despite promises from across the corporate world to diversify leadership and give people of…
Continue Reading Labor flexes its muscle as leverage tips from employers to workers
By Chris Isidore, CNN Business Workers are saying enough is enough. And many of them are either hitting the picket lines or quitting their jobs as a…
Continue Reading Netflix fired an employee who it says leaked information about Dave Chappelle’s special
By Ramishah Maruf, CNN Business Netflix fired an employee for sharing “confidential, commercially sensitive information” outside of the…
Continue Reading Netflix fired an employee who it says leaked information about Dave Chappelle’s special
By Ramishah Maruf, CNN Business Netflix fired an employee for sharing “confidential, commercially sensitive information” outside of the…
Continue Reading Hertz files for a new IPO
By Chris Isidore, CNN Business Hertz is going public again. The rental car company, which filed for bankruptcy early in the pandemic and emerged on…
Continue Reading What we learned this week in the trial of Elizabeth Holmes
By Sara Ashley O’Brien, CNN Business This week in the criminal trial of Theranos founder Elizabeth Holmes, jurors heard from a second former…
Continue Reading Sephora launches same-day delivery service
By Parija Kavilanz, CNN Business Beauty addicts beware. Your Sephora addiction is about to get a whole lot worse. Sephora has launched a same-day…
Continue Reading Big turkeys are back for an IRL Thanksgiving
By Nathaniel Meyersohn and Danielle Wiener-Bronner, CNN Business Thanksgiving 2021 may feel a lot more like a normal holiday than last year’s…
Continue Reading Big turkeys are back for an IRL Thanksgiving
By Nathaniel Meyersohn and Danielle Wiener-Bronner, CNN Business Thanksgiving 2021 may feel a lot more like a normal holiday than last year’s…
Continue Reading Storage containers are scarce, so toymakers are focused on small, squishy toys for the holidays
By Nathaniel Meyersohn, CNN Business Jay Foreman, the chief executive of toymaker Basic Fun, was in a bind over the summer. The end-of-year holiday…
Continue Reading The global economy’s 2020 hangover is far from over
By Allison Morrow, CNN Business It’s almost 2022, but 2020 isn’t done with us yet. Despite good news about Covid-19 vaccinations, a solid…
Continue Reading Apple employee who led #AppleToo organizing effort says she was fired
By Rishi Iyengar, CNN Business An Apple employee who led organizing efforts against harassment and discrimination within the company said she has…
Continue Reading Former lead Virgin Galactic test pilot takes new gig at Blue Origin
By Kristin Fisher and Jackie Wattles, CNN Mark “Forger” Stucky, who for six years headed the test pilot program at space company Virgin…
Continue Reading Butterball is recalling more than 14,000 pounds of turkey
By Alexis Benveniste, CNN Business Butterball issued a recall on more than 14,100 pounds of ground turkey products Wednesday after consumers told…
Continue Reading ‘Halloween Kills’ could kill at the box office even though it’s on streaming
By Frank Pallotta, CNN Business This weekend, millions of people will head to a movie theater to watch a film about an escaped inmate wearing a…
Continue Reading Elizabeth Warren says Amazon is ‘like a monster’ that must be fed every minute
By Matt Egan, CNN Business Senator Elizabeth Warren is accelerating her push to break up Amazon, arguing that the $1.7 trillion company is simply too…
Continue Reading Goldman Sachs, the Dow’s top stock of 2021, continues to impress
By Paul R. La Monica, CNN Business Wall Street powerhouse Goldman Sachs reported earnings that easily topped analysts’ expectations, capping a…
Continue Reading