Burned ship carrying luxury cars has now sunk
By Peter Valdes-Dapena, CNN Business The Felicity Ace, the cargo ship carrying cars and SUVs from brands including Audi, Porsche, Bentley and…
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Burned ship carrying luxury cars has now sunk
By Peter Valdes-Dapena, CNN Business The Felicity Ace, the cargo ship carrying cars and SUVs from brands including Audi, Porsche, Bentley and…
Continue Reading Sanctions have sharply raised chance of a Russian default, JPMorgan warns
By Matt Egan, CNN Business Russia’s stock market remains shut down. The ruble is worth less than a penny. And Western businesses are fleeing.…
Continue Reading The latest food price shock: Palm oil prices are soaring
By Anna Cooban, CNN Business Palm oil prices have shot up in the wake of Russia’s invasion of Ukraine as markets scramble to find alternatives…
Continue Reading Why ‘The Batman’ heading to theaters is important to Warner Bros
By Brian Lowry and Frank Pallotta, CNN After a year of simultaneously releasing movies on HBO Max and in theaters, Warner Bros. returns to exclusive…
Continue Reading Why ‘The Batman’ heading to theaters is important to Warner Bros
By Brian Lowry and Frank Pallotta, CNN After a year of simultaneously releasing movies on HBO Max and in theaters, Warner Bros. returns to exclusive…
Continue Reading Here are the companies pulling back from Russia
By CNN Business staff Dozens of the world’s biggest companies have abandoned or scaled back their operations in Russia in response to its…
Continue Reading Russians are bracing for a dramatic shift in their standard of living
By Allison Morrow, CNN Business As Western sanctions take root, Russians are bracing for a dramatic shift in their standard of living as their…
Continue Reading More oil supply could stop massive price spikes. But US producers won’t fill that gap
By Chris Isidore, CNN Business Oil prices are soaring to seven-year highs, but don’t expect US oil producers to ramp up supply. On the face of…
Continue Reading Why resume gaps aren’t a big deal anymore
By Kathryn Vasel Shanika Puckett has taken six breaks during her nearly 20-year career as a graphic designer. Most were for a few months, like after…
Continue Reading Powell says rate hike is still coming, but notes ‘highly uncertain’ impact of Ukraine invasion
By Anneken Tappe, CNN Business The time of ultra-low interest rates has come to an end. That’s what Federal Reserve Chair Pro Tempore Jerome…
Continue Reading Russians are bracing for a dramatic shift in their standard of living
By Allison Morrow, CNN Business As Western sanctions take root, Russians are bracing for a dramatic shift in their standard of living as their…
Continue Reading Key jobs measure says America added 475,000 positions in February, beating expectations
By Anneken Tappe, CNN Business America’s companies added 475,000 jobs last month, the ADP employment report said on Wednesday. That was nearly…
Continue Reading War in Ukraine scrambles the Fed’s options
By Julia Horowitz, CNN Business Federal Reserve Chair Jerome Powell had been making himself very clear: To fight inflation, the US central bank would…
Continue Reading Key jobs measure says America added 475,000 positions in February, beating expectations
By Anneken Tappe, CNN Business America’s companies added 475,000 jobs last month, the ADP employment report said on Wednesday. That was nearly…
Continue Reading The teenager who tracked Elon Musk’s jet is now tracking Russian oligarchs
By Jordan Valinsky, CNN Business Jack Sweeney, a Florida teen who tracks Elon Musk’s private jet online has a new aviation-themed target:…
Continue Reading Here are the companies pulling back from Russia
By CNN Business staff A growing number of international companies, including Apple, Disney and Ford, are dialing back operations in Russia over its…
Continue Reading Oil surges above $110 and natural gas soars as markets ‘panic’ over Russia
By Charles Riley, CNN Business Global crude oil prices surged to more than $110 per barrel and the cost of natural gas skyrocketed to a new record in…
Continue Reading Big companies aren’t shy about raising prices
By Paul R. La Monica, CNN Business Consumers are feeling the pinch from inflation, and that will likely continue for the foreseeable future.…
Continue Reading Russia says its economy is taking ‘serious blows’ as isolation grows
By Mark Thompson and Vasco Cotovio, CNN Business The Russian economy is taking “serious blows,” the Kremlin acknowledged Wednesday, as…
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Here’s how President Biden wants to fight inflation
By Anneken Tappe, CNN Business Rising prices on everything from food to gasoline are hurting Americans. Now the White House has unveiled a plan to…
Continue Reading Here’s how President Biden wants to fight inflation
By Anneken Tappe, CNN Business Rising prices on everything from food to gasoline are hurting Americans. Now the White House has unveiled a plan to…
Continue Reading Exxon is quitting its last Russian project
By Matt Egan, CNN Business ExxonMobil pledged Tuesday to leave its last remaining oil-and-gas project in Russia, and it will not invest in new…
Continue Reading Oil prices touch highest level since September 2008, when Lehman Brothers collapsed
By Matt Egan US oil prices briefly spiked on Thursday to their highest level in nearly 14 years, as concerns about disruptions to Russia’s…
Continue Reading Wheat futures are soaring. Food prices could be next
By Danielle Wiener-Bronner and Vanessa Yurkevich, CNN Business Russia’s attack on Ukraine is causing wheat prices to spike, exacerbating…
Continue Reading Stellantis plans to double revenues by 2030
By Peter Valdes-Dapena, CNN Business Stellantis, the company formed one year ago from the merger of Fiat Chrysler Automobiles and France’s PSA,…
Continue Reading Russia’s version of Google warns it may not be able to pay its debts
By Mark Thompson, CNN Business Russia’s biggest search engine could collapse as financial fallout from the invasion of Ukraine spreads. Yandex,…
Continue Reading Apple suspends all product sales in Russia
By Brian Fung, CNN Business Apple has stopped selling all of its products in Russia due to the invasion of Ukraine, the company announced Tuesday.…
Continue Reading Judge says Sarah Palin failed to prove her case against New York Times
By Sonia Moghe, CNN The federal judge who presided over Sarah Palin’s defamation trial against the New York Times said in a new written opinion…
Continue Reading Boycotting Lukoil would sting US gas station owners more than Russia’s oil company
By Kunyi Yang The hashtag #BoycottLukoil started trending online not long after Russia invaded Ukraine on February 21. The idea is to stop people…
Continue Reading Another squeeze on Russia: Three shipping companies won’t sail there
By Chris Liakos, CNN Business Two of the world’s biggest container shipping companies are halting cargo bookings to and from Russia. “As…
Continue Reading One of Domino’s most popular deals is getting more expensive
By Jordan Valinsky, CNN Business Domino’s is raising the price on one of its top promotions. The pizza chain announced that its “Mix and…
Continue Reading Russia tries to stop Western companies fleeing the country
By Mark Thompson and Vasco Cotovio, CNN Business Russian President Vladimir Putin is trying to stem the flow of Western businesses fleeing the…
Continue Reading Chartered buses, salary advances, hotlines: How tech companies are helping their workers in Ukraine
By Sara Ashley O’Brien, CNN Business In recent years, Ukraine has increasingly positioned itself as a tech hub, with a number of global…
Continue Reading DirecTV expels RT from its lineup, dealing a major blow to the Russia-backed outlet in the US
By Oliver Darcy, CNN Business DirecTV is cutting ties with RT, the Russia-backed television network infamous for promoting Vladimir Putin’s…
Continue Reading What is the SPR, and why does Biden want to use it to fight Russia?
By David Goldman and Matt Egan, CNN Business The US Strategic Petroleum Reserve is a man-made underground government storage complex built inside…
Continue Reading Stocks fall again as banks drop and oil prices rise
By Paul R. La Monica, CNN Business March is looking a lot like January and February on Wall Street. That’s not good news for investors. The Dow…
Continue Reading ‘The Batman’ pulled from Russia
By Frank Pallotta, CNN Business “The Batman,” which is anticipated to be one of the biggest blockbusters of the year, won’t hit…
Continue Reading Child care worker shortage strands half a million families
By Alicia Wallace, CNN Business Nearly half a million families are estimated to be stranded without reliable child care, exacerbating the…
Continue Reading Working remotely in a different state than your employer? Here’s what that means for your taxes
By Jeanne Sahadi, CNN Business If you’re among the employed Americans who were allowed to work remotely during the pandemic last year, count…
Continue Reading Disney+ adds more Marvel — and you might want to update your parental controls
By Frank Pallotta, CNN Business Marvel is Disney’s biggest brand in its media empire, and it’s about to get even bigger on Disney+. A…
Continue Reading Ready to start saving? Do it in this order
By Beth Braverman One of the most important things you can do when it comes to securing your financial future is to consistently live below your…
Continue Reading Microsoft says cyberattacks targeting Ukraine ‘raise serious concerns’ under Geneva Convention
By Brian Fung, CNN Business As hacking by nation-states has grown more pervasive in recent years, Microsoft has long called for the creation of a new…
Continue Reading Microsoft says cyberattacks targeting Ukraine ‘raise serious concerns’ under Geneva Convention
By Brian Fung, CNN Business As hacking by nation-states has grown more pervasive in recent years, Microsoft has long called for the creation of a new…
Continue Reading Chevron CEO: Emergency oil release could help in the short term
By Matt Egan, CNN Business Chevron CEO Mike Wirth expressed support on Tuesday for governments to release emergency stockpiles of oil to offset…
Continue Reading Steve Wozniak’s new venture takes aim at space junk
By Jackie Wattles, CNN Business Steve Wozniak has a new — and potentially lucrative — passion: Space junk. But the money, according to…
Continue Reading Oil prices are rising fast. Saudi Arabia may not come to the rescue
By Julia Horowitz, CNN Business A global hunt for spare barrels of crude is underway as sanctions slam Russia, the world’s second largest…
Continue Reading Russia tries to stop Western companies fleeing the country
By Mark Thompson and Vasco Cotovio, CNN Business Russian President Vladimir Putin is trying to stem the flow of Western businesses fleeing the…
Continue Reading Coors Light is ditching those nasty plastic six-pack rings
By Jordan Valinsky, CNN Business Coors Light is ditching plastic rings on its six-packs and replacing them with an environmentally friendlier option.…
Continue Reading Bitcoin jumps back above $40,000 as Russians switch to crypto
By Michelle Toh, CNN Business Cryptocurrency prices are climbing after Russia’s ruble sank to another record low and Moscow was hit with new…
Continue Reading Switzerland ditches neutrality to sanction Russia and Putin
By Laura He, CNN Business Switzerland, a major hub for storing wealth that is popular with Russian oligarchs, is breaking with its tradition of…
Continue Reading Here’s how sanctions on Russia will actually cost you more
By Chris Isidore, CNN Business As the United States and Europe ramp up their sanctions on Russia, Western consumers will soon face rising costs.…
Continue Reading All bets are off if Putin slashes the West’s oil supplies
By Matt Egan, CNN Business Russia faces the specter of a full-blown financial meltdown. Punishing sanctions leveled by the West have sent the ruble…
Continue Reading Disney will stop releasing films in Russia
By Frank Pallotta, CNN Business Disney, Hollywood’s largest and most influential movie studio, is pausing the release of its theatrical films…
Continue Reading RT sees its influence diminish as TV providers and tech companies take action against the Russia-backed outlet
By Oliver Darcy, CNN Business RT, the Russia-backed media outlet infamous for promoting Vladimir Putin’s talking points, has seen its influence…
Continue Reading DirecTV expels RT from its lineup, dealing a major blow to the Russia-backed outlet in the US
By Oliver Darcy, CNN Business DirecTV is cutting ties with RT, the Russia-backed television network infamous for promoting Vladimir Putin’s…
Continue Reading GM stops exporting cars to Russia
By Peter Valdes-Dapena, CNN Business General Motors is joining a host of other companies in cutting off its business with Russia. The Detroit-based…
Continue Reading Netflix says it won’t air state TV channels in Russia
By Frank Pallotta, CNN Business Netflix is refusing to air Russian state TV channels in the country — something that the streamer would have been…
Continue Reading ‘The Batman’ pulled from Russia
By Frank Pallotta, CNN Business “The Batman,” which is anticipated to be one of the biggest blockbusters of the year, won’t hit…
Continue Reading How much is Vladimir Putin worth? Almost no one knows for sure
By Allison Morrow, CNN Business The US and its European allies on Friday announced new sanctions on Russian President Vladimir Putin, in a rare move…
Continue Reading Big Tech cracks down on Russian state media content amid mounting pressure
By Brian Fung, CNN Business Facebook, Twitter and YouTube are all taking tougher stances on content from Russian state media amid intensifying…
Continue Reading Airbnb offering free temporary housing for up to 100,000 Ukrainian refugees
By Jennifer Korn, CNN Business Airbnb is offering free short-term housing for up to 100,000 Ukrainians who have been displaced by the war with…
Continue Reading Diesel just hit $4 a gallon. Here’s why that will cost you
By Chris Isidore, CNN Business The price of diesel hit $4 a gallon over the weekend for the first time in nearly eight years. And that means US…
Continue Reading Airbnb offering free temporary housing for up to 100,000 Ukrainian refugees
By Jennifer Korn, CNN Business Airbnb is offering free short-term housing for up to 100,000 Ukrainians who have been displaced by the war with…
Continue Reading Switzerland ditches neutrality to sanction Russia and Putin
By Laura He, CNN Business Switzerland, a major hub for storing wealth that is popular with Russian oligarchs, is breaking with its tradition of…
Continue Reading What if Moscow turns off the gas as the Ukraine conflict deepens?
By Julia Horowitz, CNN Business If Russia halts its supply of gas to Europe to retaliate against the punishing sanctions for its invasion of Ukraine,…
Continue Reading Shell follows BP out of Russia as oil companies abandon Putin
By Mark Thompson, CNN Business Shell is getting out of Russia and ditching its joint ventures with Gazprom, including its involvement with the…
Continue Reading Amazon will no longer require US warehouse employees to wear masks
By Sara Ashley O’Brien, CNN Business Amazon will no longer require its US warehouse employees to wear face masks in states where local laws do…
Continue Reading The surprising reason why Wendy’s burgers are square
By Jordan Valinsky, CNN Business It doesn’t matter where you go: Fast-food hamburgers almost uniformly look like the same round, flat patties.…
Continue Reading Target boosts its starting pay for some jobs to $24 an hour
By Parija Kavilanz, CNN Business Target announced Monday that it is raising its starting wage for workers in some positions to up to $24. The…
Continue Reading Which Batman actor has made the most at the ticket booth?
By Frank Pallotta, CNN Business Robert Pattinson will be the latest actor to don the cape and cowl on the big screen in “The Batman,”…
Continue Reading Welcome to Diversifying, a new money podcast for a changing world
By Delyanne Barros for CNN Business The Great Resignation and the pandemic have left an indelible mark on America’s workforce. While many have…
Continue Reading Welcome to Diversifying, a new money podcast for a changing world
By Delyanne Barros for CNN Business The Great Resignation and the pandemic have left an indelible mark on America’s workforce. While many have…
Continue Reading Chris Licht introduces himself to CNN as its next CEO
By Brian Stelter, CNN Business Discovery on Monday confirmed that Chris Licht will become the new head of CNN when Discovery and WarnerMedia merge…
Continue Reading Chris Licht introduces himself to CNN as its next CEO
By Brian Stelter, CNN Business Discovery on Monday confirmed that Chris Licht will become the new head of CNN when Discovery and WarnerMedia merge…
Continue Reading Estée Lauder fires a senior executive for offensive Instagram post
By Jordan Valinsky, CNN Business Estée Lauder has fired John Demsey, a senior executive at the makeup company, for an offensive Instagram post on…
Continue Reading Russia tries to stop Western companies fleeing the country
By Mark Thompson and Vasco Cotovio, CNN Business Russian President Vladimir Putin is trying to stem the flow of Western businesses fleeing the…
Continue Reading Inflation will be worse than feared this year, Goldman Sachs predicts
By Matt Egan, CNN Business Red-hot inflation in the United States may not cool off this year as much as many hoped, Goldman Sachs cautioned in a new…
Continue Reading Meta says it’s shut down a pro-Russian disinformation network, warns of a social media hacking operation
By Brian Fung, CNN Facebook’s parent Meta said Monday it has caught dozens of fake, pro-Russian accounts, groups and pages across its platforms…
Continue Reading The war in Ukraine has made Russian assets toxic
By Julia Horowitz, CNN Business In less than a week, Russian assets have become practically untouchable for Western investors, who see no reason to…
Continue Reading Two Russian oligarchs call for an end to Putin’s war
By Charles Riley, CNN Business Russian billionaires Mikhail Fridman and Oleg Deripaska have broken ranks with the Kremlin and called for an end to…
Continue Reading What is SWIFT and how is it being used against Russia?
By Charles Riley, CNN Business The West has pledged to remove some Russian banks from SWIFT, a messaging service that connects financial institutions…
Continue Reading What is SWIFT and how is it being used against Russia?
By Charles Riley, CNN Business The West has pledged to remove some Russian banks from SWIFT, a messaging service that connects financial institutions…
Continue Reading Russia faces financial meltdown as sanctions slam its economy
By Mark Thompson, Anna Chernova and Vasco Cotovio, CNN Business Russia was scrambling to prevent financial meltdown Monday as its economy was slammed…
Continue Reading Google follows YouTube in cutting off ad revenue to Russian state media
By Brian Fung, CNN Business Google will no longer allow Russian state media outlets to run ads, following a similar decision on Saturday by the tech…
Continue Reading Google follows YouTube in cutting off ad revenue to Russian state media
By Brian Fung, CNN Business Google will no longer allow Russian state media outlets to run ads, following a similar decision on Saturday by the tech…
Continue Reading Stocks fall and oil surges as West pours on Russian sanctions
By David Goldman and Laura He, CNN Business Stock markets fell and oil prices surged Monday as investors grew increasingly concerned about the…
Continue Reading States want to boycott Russian vodka. Here’s why that won’t work
By Jordan Valinsky, CNN Business Russian-made alcohol is the latest target in the growing backlash against the country’s invasion of Ukraine.…
Continue Reading BP will dump its 20% stake in Russian oil giant Rosneft
By Ramishah Maruf, CNN Business BP is cutting ties with Rosneft in response to Russia’s invasion of Ukraine. The British company said in a…
Continue Reading BitConnect founder charged with orchestrating $2 billion Ponzi scheme
By Ramishah Maruf, CNN A federal grand jury in San Diego indicted the founder of BitConnect for allegedly orchestrating a $2.4 billion global Ponzi…
Continue Reading SpaceX Starlink user terminals arrive in Ukraine, officials says
By Emma Tucker, Melissa Alonso and Jackie Wattles, CNN A shipment of Starlink user terminals — small antennas that allow customers to access…
Continue Reading Pickleball, virtual golf, skydiving, craft beer: How malls are luring shoppers
By Parija Kavilanz, CNN Business As Covid restrictions ease, expect to see more malls morph into family entertainment destinations where shopping may…
Continue Reading States want to boycott Russian vodka. Here’s why that won’t work
By Jordan Valinsky, CNN Business Russian-made alcohol is the latest target in the growing backlash against the country’s invasion of Ukraine.…
Continue Reading The invasion of Ukraine changed everything for Wall Street
By Julia Horowitz, CNN Business Russian President Vladimir Putin’s decision to invade Ukraine last week shattered the security order in Europe…
Continue Reading ‘SNL’ returns from hiatus with a powerful tribute to Ukraine
By Frank Pallotta, CNN Business “Saturday Night Live” returned from a nearly monthlong hiatus without a cold open. Instead of a funny…
Continue Reading ‘SNL’ returns from hiatus with a powerful tribute to Ukraine
By Frank Pallotta, CNN Business “Saturday Night Live” returned from a nearly monthlong hiatus without a cold open. Instead of a funny…
Continue Reading Meta and YouTube block Russian state media from monetizing on its platforms
By Ramishah Maruf, CNN YouTube said Saturday that it will temporarily halt the ability of a number of Russian channels, including state-sponsored RT,…
Continue Reading Russia’s economy is surprisingly tiny. Here’s why it matters so much to you
By Chris Isidore, CNN Business Russia isn’t a superpower, at least not when it comes to the global economy. Its gross domestic product puts it…
Continue Reading Chris Licht has been selected as next president of CNN
By Brian Stelter, CNN Business Chris Licht, the producer who created “Morning Joe,” revamped “CBS This Morning” and…
Continue Reading Bitcoin jumps back above $40,000 as Russians switch to crypto
By Michelle Toh, CNN Business Cryptocurrency prices are climbing after Russia’s ruble sank to another record low and Moscow was hit with new…
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