This is what doomed Elon Musk’s Twitter deal
By Julia Horowitz, CNN Business When Elon Musk announced his intention to buy Twitter almost 90 days ago, the world — and financial markets —…
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Trump’s SPAC surges after Elon Musk tries to get out of Twitter deal
By Jordan Valinsky, CNN Business Bad news for Twitter could turn out to be good news for former President Donald Trump. Shares of Digital World…
Continue Reading Elon Musk hits back at Twitter’s court threat in the most Elon Musk way possible
By Chris Isidore, CNN Business Elon Musk mocked Twitter’s efforts to force him to purchase the company — in a tweet, of course. Early…
Continue Reading Covid fears and new tech crackdown hit Chinese stocks and Macao casinos
By Laura He, CNN Business Chinese stocks fell on Monday as the threat of new Covid restrictions and a renewed regulatory offensive against big tech…
Continue Reading China crushes mass protest by bank depositors demanding their life savings back
By Nectar Gan, CNN Chinese authorities on Sunday violently dispersed a peaceful protest by hundreds of depositors, who sought in vain to demand their…
Continue Reading What’s next for Twitter now that Elon Musk wants out?
By Ramishah Maruf, CNN After announcing he wants out of his deal to buy Twitter, Elon Musk spent the weekend in Idaho at the Sun Valley Conference.…
Continue Reading Elon Musk’s politics trigger strong reactions from Tesla customers
By Matt McFarland, CNN Business Jason Simon placed an order for a Tesla Model 3 this April, eager to own an electric vehicle. He heard from Tesla in…
Continue Reading WWE’s Vince McMahon paid $12 million in hush money to multiple women, report says
By Frank Pallotta, CNN Business Former WWE chief executive Vince McMahon paid more than $12 million to four women to cover up “allegations of…
Continue Reading Bank earnings could be ugly. Here’s what to look for
By Nicole Goodkind, CNN Business Earnings season is upon us once again! It’s just like the holiday season except instead of presents and sweets…
Continue Reading Why Bluetooth remains an ‘unusually painful’ technology after two decades
By Catherine Thorbecke, CNN Business In the two decades since it was first included in products available to the general public, Bluetooth has become…
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 Why Campbell Soup hated, then embraced, Andy Warhol’s soup can paintings
by Alexandra Peers, CNN Business Sixty years ago today, the pop artist Andy Warhol unveiled a wall of 32 Campbell Soup can paintings at a Los Angeles…
Continue Reading Musk tells Twitter he wants out of deal to buy it. Twitter says it will force him to close the sale
By Clare Duffy, Brian Fung and Rachel Metz, CNN Elon Musk moved Friday afternoon to terminate his $44 billion deal to buy Twitter — the latest…
Continue Reading End of a chapter at Theranos: What’s next for former top two executives
By Sara Ashley O’Brien, CNN Business In January, Elizabeth Holmes became the rare Silicon Valley founder convicted of fraud stemming from her…
Continue Reading Ford and VW-backed self-driving company shuts down DC operations
By Matt McFarland, CNN Business Argo AI, the self-driving company backed by Ford and Volkswagen, is shutting down its Washington, DC operation as…
Continue Reading You’re much more likely to buy an EV if you’ve ever had a ride in one
By Peter Valdes-Dapena, CNN Business The percentage of Americans who say they would “definitely buy” an electric vehicle has more than…
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Most prolific stock traders in the Senate so far in 2022
Stacker examined Senate stock disclosure data to reveal the 21 United States Senators who have reported trades above $1,000 so far in…
Continue Reading Twitter is laying off a third of its talent acquisition team
By Clare Duffy, CNN Business Twitter is laying off a portion of its recruiting team after previously saying it would pause most hiring. The move…
Continue Reading Why inflation isn’t always bad for the stock market
By Nicole Goodkind, CNN Business If you follow markets news, you’ve probably seen a few hundred headlines this year akin to: “Stocks…
Continue Reading WWE’s Vince McMahon paid $12 million in hush money to multiple women, report says
By Frank Pallotta, CNN Business Former WWE chief executive Vince McMahon paid more than $12 million to four women to cover up “allegations of…
Continue Reading US will plunge into recession — but it didn’t have to, former IMF chief economist says
It’s “almost impossible” for the Fed to tamp down inflation without tipping the US economy into a recession, says Former IMF Chief Economist Ken…
Continue Reading ‘Thor: Love and Thunder’ nabs a mighty box office opening for Marvel
By Frank Pallotta, CNN Business The God of Thunder still has some pop. “Thor: Love and Thunder,” the latest film in the Marvel Cinematic…
Continue Reading ‘Thor: Love and Thunder’ hopes to jolt a rebounding theater industry
By Frank Pallotta, CNN Business Two years ago, movie theaters were suffering through the pandemic and many in Hollywood wondered if going to the…
Continue Reading Germany’s biggest landlord turns down the heat as Russian gas shortage bites
By Michelle Toh, CNN Business Germany’s biggest landlord will turn down the heat for hundreds of thousands of residents in the coming months as…
Continue Reading The economy added 372,000 jobs in June, outpacing expectations
By Alicia Wallace, CNN Business The US economy added 372,000 jobs in June, an unexpected boost in hiring and a signal that the labor market…
Continue Reading Period-tracking apps are trying to make women feel safer about their data after the end of Roe v. Wade
By Jennifer Korn In the wake of the Supreme Court decision to overturn Roe v. Wade, women living in states that criminalize abortion are grappling…
Continue Reading US will plunge into recession — but it didn’t have to, former IMF chief economist says
By Christine Romans, CNN Business It’s “almost impossible” for the Fed to tamp down inflation without tipping the US economy into a…
Continue Reading GameStop fires its CFO and looks to cut staff
By Chris Isidore, CNN Business GameStop has fired its chief financial officer and is preparing to make cuts to its staff. Shares of the…
Continue Reading Why Costco’s $1.50 hot dog combo and 99-cent Arizona iced tea still cost the same
By Nathaniel Meyersohn, CNN Business The highest rate of inflation in decades has forced businesses to raise prices on food and other products once…
Continue Reading The economy added 372,000 jobs in June, outpacing expectations
By Alicia Wallace, CNN Business The US economy added 372,000 jobs in June, an unexpected boost in hiring and a signal that the labor market…
Continue Reading House lawmakers are investigating how some tech companies will handle health data related to abortions
By Clare Duffy, CNN Business Three House lawmakers are launching an investigation into the collection and sale of personal health data related to…
Continue Reading Private browsing may not protect you as much as you think
By Jennifer Korn, CNN Business For years, the most popular internet browsers have included options to search for and visit websites in…
Continue Reading China says India risks scaring away investors with raids on its companies
By Diksha Madhok, CNN Business India risks damaging its reputation among foreign investors with its “frequent investigations” into…
Continue Reading Prince Harry wins early victory in libel lawsuit against UK’s Mail on Sunday tabloid
By Lauren Said-Moorhouse and Lauren Kent, CNN Business Parts of a tabloid article alleging that Prince Harry tried to keep a legal challenge against…
Continue Reading Black and Hispanic Americans are getting hit harder by inflation. Here’s why
By Tami Luhby, CNN Many Americans are struggling to cope with higher prices for food, gas, housing and other essentials. But inflation has taken an…
Continue Reading The rise and fall of Theranos: A timeline
By Sara Ashley O’Brien, CNN Business Four years after the top two Theranos executives, Elizabeth Holmes and Ramesh “Sunny” Balwani,…
Continue Reading Pringles wants a spider named after it
By Jordan Valinsky, CNN Business Pringles and spiders are probably two things you don’t associate with each other — until now. The…
Continue Reading Opinion: 4 ways governments can encourage businesses to meaningfully lower their carbon emissions
Opinion by Henry Fernandez for CNN Business Perspectives If the world hopes to limit the increase in global temperatures to 1.5 degrees Celsius —…
Continue Reading Former Theranos COO is guilty of federal fraud
By Sara Ashley O’Brien and Rishi Iyengar, CNN Ramesh “Sunny” Balwani, the former COO of failed blood testing startup Theranos and…
Continue Reading American Airlines is tripling pilots’ pay after a scheduling glitch left thousands of flights without pilots
By Chris Isidore, CNN Business American Airlines has agreed to pay its pilots triple their normal rate after a computer scheduling glitch left…
Continue Reading Cotton’s plunge: Recession warning or just another market mess?
By Nicole Goodkind, CNN Business Cotton: it’s the touch, the feel, the fabric of our lives. It’s also in the middle of what economists…
Continue Reading The balance of power is shifting in the tech industry
By Rishi Iyengar, CNN Business For much of the past decade, tech companies have showered their corporate employees with money and lavish perks to…
Continue Reading Friday’s jobs report could be telling as recession worries mount
By Alicia Wallace, CNN Business Economic uncertainty and recession fears have yet to take the shine off a robust labor market, but investors and…
Continue Reading GameStop shares are about to get much cheaper
By Jordan Valinsky, CNN Business GameStop shares will soon lose three quarters of their value. But don’t worry: It’s good news for…
Continue Reading Mortgage rates see largest decline since 2008
By Anna Bahney, CNN Business Mortgage rates dropped for the second week in a row, notching the largest decline since December, 2008. The 30-year…
Continue Reading Boris Johnson leaves an economic mess for his successor to fix
By Mark Thompson, CNN Business Boris Johnson was ultimately forced to resign as UK prime minister Thursday as dozens of members of his party quit the…
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Boris Johnson leaves an economic mess for his successor to fix
By Mark Thompson, CNN Business Boris Johnson was ultimately forced to resign as UK prime minister Thursday as dozens of members of his party quit the…
Continue Reading Last Muslim lawmaker leaves India’s ruling party
By Rhea Mogul and Swati Gupta, CNN The last remaining Muslim lawmaker in India’s ruling Bharatiya Janata Party has resigned, leaving the party…
Continue Reading Tesla is beginning to recover in China with a sharp rebound in sales
By Laura He, CNN Business After a miserable couple of months in China, Tesla posted a sharp rebound in sales in June in its most important…
Continue Reading Elon Musk reportedly had twins with a Neuralink executive
By Sara Ashley O’Brien, CNN Business Elon Musk, the Tesla and SpaceX CEO and world’s richest man, welcomed twins last year with an…
Continue Reading Elon Musk reportedly had twins with a Neuralink executive
By Sara Ashley O’Brien, CNN Business Elon Musk, the Tesla and SpaceX CEO and world’s richest man, welcomed twins last year with an…
Continue Reading ‘Stranger Things’ is ending, but a spinoff is in the works
By Frank Pallotta, CNN Business “Stranger Things” is coming to an end, but its upside-down stories will live on. Both a live-action…
Continue Reading Child care centers can’t afford to stay open. Here’s what this means for families
By Gabe Cohen, CNN From city centers to rural communities, many US child care providers are raising the price of tuition to combat inflation, adding…
Continue Reading Child care centers can’t afford to stay open. Here’s what this means for families
By Gabe Cohen, CNN From city centers to rural communities, many US child care providers are raising the price of tuition to combat inflation, adding…
Continue Reading Amazon partners with Grubhub to offer Prime customers meal delivery perks
By Catherine Thorbecke, CNN Business Amazon Prime members in the United States can now get free meal deliveries through Grubhub as part of a growing…
Continue Reading Amazon partners with Grubhub to offer Prime customers meal delivery perks
By Catherine Thorbecke, CNN Business Amazon Prime members in the United States can now get free meal deliveries through Grubhub as part of a growing…
Continue Reading Apple plans new feature to protect journalists and human rights workers from spyware
By Sean Lyngaas, CNN Business Apple on Wednesday said it will release a new feature this fall for iPhone, Mac and iPad operating software that is…
Continue Reading Red flag: Consumers are using Buy Now, Pay Later to cover everyday expenses
By Alicia Wallace, CNN Business Buy Now, Pay Later installment plans have become popular among consumers seeking to spread out the cost of big-ticket…
Continue Reading The US economy has a momentum problem
By Nicole Goodkind, CNN Business If you’re reading this it means you’ve made it through the worst first half of a year for US stocks in…
Continue Reading If you use your company’s abortion travel benefits, will your boss find out?
By Tami Luhby, CNN The corporate rush to cover employees’ abortion-related travel expenses following the Supreme Court’s decision to…
Continue Reading If you use your company’s abortion travel benefits, will your boss find out?
By Tami Luhby, CNN The corporate rush to cover employees’ abortion-related travel expenses following the Supreme Court’s decision to…
Continue Reading If you use your company’s abortion travel benefits, will your boss find out?
By Tami Luhby, CNN The corporate rush to cover employees’ abortion-related travel expenses following the Supreme Court’s decision to…
Continue Reading Elon Musk’s Boring Company will let you pay for a ride with Dogecoin
By Matt McFarland, CNN Business The Boring Company has launched a way for customers to pay for rides on Loop, its Las Vegas transit system, with the…
Continue Reading Senate Intel leaders call for FTC probe into TikTok amid alleged ‘misrepresentations’ on data practices
By Brian Fung, CNN Top lawmakers on the Senate Intelligence Committee called for a Federal Trade Commission probe of TikTok on Tuesday, amid…
Continue Reading TikTok’s ties to China are once again under fire in Washington. Here’s why
By Catherine Thorbecke, CNN Business Two years after then-President Donald Trump said he would ban TikTok in the United States through an executive…
Continue Reading Opinion: The SEC alone can’t police billionaire CEOs like Elon Musk
Opinion by Charles K. Whitehead for CNN Business Perspectives In the startup world, pushing regulatory limits to promote a new business is often seen…
Continue Reading UK antitrust officials investigate Microsoft’s $68.7 billion Activision Blizzard acquisition
By Brian Fung, CNN The UK competition regulator on Wednesday announced the launch of an antitrust investigation into Microsoft’s proposed $68.7…
Continue Reading Rivian’s new SUV is great, but it’ll face tough competition
By Peter Valdes-Dapena, CNN Business Rivian, the Amazon-backed electric truck and van maker, already has an award winning pickup in production, the…
Continue Reading Ben & Jerry’s sues Unilever to block sale of Israeli business
By Michelle Toh, CNN Business Ben & Jerry’s is suing its parent company in an attempt to cancel the sale of its business in Israel to a…
Continue Reading Twitter launches legal challenge in India over orders to block content
By Diksha Madhok, CNN Business Twitter has mounted its first legal challenge to the Indian government over official orders to take down content. The…
Continue Reading Dow recovers from 700 point drop as investors look for signs of recession
By Nicole Goodkind, CNN Business US Stocks plummeted in early Tuesday trading as investors’ concerns of recession grew, but rebounded in the…
Continue Reading Subway is redesigning its menu
By Jordan Valinsky, CNN Business Subway is launching a new menu, and it’s the most extensive makeover in the company’s nearly 60-year…
Continue Reading How Activia went from stodgy digestive aid to trendy wellness brand
By Danielle Wiener-Bronner, CNN Business If you hear the word “Activia,” your first thought might be of Jamie Lee Curtis. You may also…
Continue Reading An FCC regulator wants TikTok removed from app stores. Here’s how a company executive responded
By Ramishah Maruf, CNN While TikTok’s short-form videos are entertaining, that’s “just the sheep’s clothing,” a Federal…
Continue Reading The surprising reason supermarkets sell flowers
By Allison Morrow, CNN Business All stores have marketing tactics to get you in the door — stylish mannequins, elaborate display windows, posters…
Continue Reading Oil drops below $100 a barrel for first time since early May
By Alicia Wallace and Chris Isidore, CNN For the first time in nearly two months, crude oil prices have fallen below $100 a barrel, reflecting…
Continue Reading 3 reasons not to panic about decades-high inflation
By Julia Horowitz, CNN Business When the latest data on consumer prices in the United States landed Wednesday, the headline number was ugly.…
Continue Reading Norway’s government steps in to end oil and gas strike, averting a new energy shock for Europe
By Gayle Harrington and Anna Cooban, CNN Business Norway has intervened to end a strike by oil and gas workers, the country’s government said…
Continue Reading US and China discuss economic challenges as talk of tariff rollback swirls
By Laura He, CNN Business The United States and China held talks Monday to discuss the huge challenges facing the global economy amid mounting…
Continue Reading US and China discuss economic challenges as talk of tariff rollback swirls
By Laura He, CNN Business The United States and China held talks Monday to discuss the huge challenges facing the global economy amid mounting…
Continue Reading Europe hasn’t been this cheap for Americans in decades
By Julia Horowitz, CNN Business If you’re an American visiting Italy, Greece or Spain this summer after a travel hiatus during the pandemic,…
Continue Reading ‘Minions: The Rise of Gru’ breaks box office records
By Frank Pallotta, CNN Business The Minions went bananas at the box office this weekend. Illumination’s “Minions: The Rise of Gru”…
Continue Reading ‘Minions: The Rise of Gru’ breaks box office records
By Frank Pallotta, CNN Business The Minions went bananas at the box office this weekend. Illumination’s “Minions: The Rise of Gru”…
Continue Reading US flights returning to normal after another holiday weekend packed with cancellations
Flights at US airports appeared to be returning to normal on Monday after another difficult holiday weekend for passengers caused by a rash of…
Continue Reading US flights returning to normal after another holiday weekend packed with cancellations
By Chris Isidore, CNN Business Flights at US airports appeared to be returning to normal on Monday after another difficult holiday weekend for…
Continue Reading Inflation soars to nearly 80% in Turkey as food prices double
By Anna Cooban and Isil Sariyuce, CNN Business Turkey’s annual rate of inflation hit almost 80% in June — its highest level in about two…
Continue Reading China’s real estate crisis deepens as big Shanghai developer defaults
By Laura He, CNN Business Another major Chinese developer has defaulted on its debt, dealing a new blow to the ailing real estate sector in the…
Continue Reading Indian police say they have arrested ‘masterminds’ behind brutal killing of Hindu tailor
Story by Reuters Indian police made fresh arrests at the weekend over the murder of a Hindu tailor in Rajasthan — a crime that sparked tensions…
Continue Reading An FCC regulator wants TikTok removed from app stores. Here’s how a company executive responded
By Ramishah Maruf, CNN While TikTok’s short-form videos are entertaining, that’s “just the sheep’s clothing,” a Federal…
Continue Reading What’s open and closed on July Fourth this year
By Ramishah Maruf, CNN Business The Fourth of July marks the birth of American independence, the day the Declaration of Independence was adopted in…
Continue Reading Healthcare stocks may keep your portfolio from needing a checkup
By Paul R. La Monica, CNN Business Forget about an apple (or Apple) a day. Healthcare stocks may help keep the investing doctor away. Shares of Apple…
Continue Reading Tesla posts rare drop in sales in second quarter
By Chris Isidore, CNN Business Covid lockdowns in China resulted in a rare drop in production and sales for Tesla in the second quarter. The electric…
Continue Reading Flight delays ease up Saturday during chaotic July Fourth travel weekend
By Ramishah Maruf, CNN There appears to be no end of trouble in sight for flyers this week — a chaotic July Fourth weekend has spawned at least…
Continue Reading Turkey blocks access to the websites of Voice of America and Deutsche Welle
By Isil Sariyuce, Maija Ehlinger and Ivana Kottasová, CNN Turkey has blocked access to the Turkish websites of foreign media Deutsche Welle and…
Continue Reading Online abortion pill interest soars after the demise of Roe v. Wade
By Jennifer Korn, CNN Business With safe, legal abortion access in the United States being restricted in numerous states after last week’s…
Continue Reading Online abortion pill interest soars after the demise of Roe v. Wade
By Jennifer Korn, CNN Business With safe, legal abortion access in the United States being restricted in numerous states after last week’s…
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5 casino companies that rake in more than $1B per year
OLBG collected revenue data for the largest casino companies in the U.S. to compile this list of casino companies that make over $1 billion…
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What to know about buy now, pay later programs
More than half of Americans are using buy now, pay later services. Giving Assistant compiled a list of five things every first-time buy now, pay…
Continue Reading SpaceX gets approval to bring Starlink internet to airplanes, RVs
By Jackie Wattles, CNN Business SpaceX’s satellite-based internet business, Starlink, now has approval from the US government to expand its…
Continue Reading Daily Harvest hit with lawsuits from people who say they had their gallbladders removed after consuming its product
By Catherine Thorbecke, CNN Business Days after meal-kit service Daily Harvest announced the voluntary recall of one of its products, the company has…
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