Ex-employees accuse BrewDog of creating a ‘culture of fear’
BrewDog, one of the biggest UK craft beer producers, has apologized after dozens of former employees accused the company of fostering a…
Continue ReadingMoney
Jeff Bezos will be one of the first humans his company sends to space. Here’s how risky that really is
Jeff Bezos can have anything. He could circle the globe in a private jet or sail it forever in a fleet of megayachts. He could afford to buy a the…
Continue Reading Goldman Sachs orders employees to report vaccination status
Goldman Sachs is requiring its US employees to divulge to the company whether they’ve been vaccinated. The Wall Street bank told workers in a…
Continue Reading Key inflation measure rises at fastest pace since 1992
Consumer prices roared higher last month, rising at their fastest pace in decades. Inflation rose 5% in the 12-months ending in May, the Bureau of…
Continue Reading
House Democrats are prepping 5 antitrust bills to take on Big Tech
House Democrats are preparing five bills to weaken Big Tech’s grip on the economy, in what could amount to Congress’s biggest challenge…
Continue Reading Key inflation measure hits highest level since 1992
Consumer prices roared higher in May, rising at their fastest pace in decades. Inflation rose 5% in the 12-months ending in May, the Bureau of Labor…
Continue Reading CEOs urge world leaders to take bolder climate action
More than 70 CEOs from some of the world’s biggest companies have urged governments to do much more to tackle climate change, including forcing…
Continue Reading Consumer prices keep on rising. Where does it end?
From lumber and steel to paint and burrito bowls at Chipotle, prices are rising almost everywhere you look. That’s putting investors on high…
Continue Reading Serious cyberattacks in Europe doubled in the past year, new figures reveal, as criminals exploited the pandemic
Significant cyberattacks against critical targets in Europe have doubled in the past year, according to new EU figures obtained by CNN, as the…
Continue Reading See how cybersecurity experts trace ransom payments
As we moved online in the pandemic, crime moved with us. In the European Union last year, new figures obtained by CNN show significant cyberattacks…
Continue Reading Bitcoin jumps after El Salvador says it’ll start accepting it as legal tender
Bitcoin’s value shot up after El Salvador became the world’s first country to accept it as legal tender. As of 3:30 a.m. ET on Thursday,…
Continue Reading Investors holding $41 trillion demand action on climate — now
Investors managing more than $41 trillion in assets are loudly calling on world leaders to immediately step up their climate game if they don’t…
Continue Reading An obscure service provider briefly broke the internet Tuesday. It could happen again
A giant chunk of the internet briefly broke on Tuesday because of an outage at a company most people have probably never heard of before. Reddit,…
Continue Reading These new Barbies are made from ocean-bound plastic
Mattel is launching a new line of Barbies made from plastic that would otherwise become ocean waste. The “Barbie Loves the Ocean”…
Continue Reading Mark Zuckerberg plans to work remotely for at least half of the next year
Facebook is giving its employees more flexibility to work outside the office — and Mark Zuckerberg is leading by example. The Facebook CEO told…
Continue Reading JBS says it paid $11 million ransom after cyberattack
The meat supplier JBS USA paid an $11 million ransom in response to a cyberattack that led to the shutdown of its entire US beef processing operation…
Continue Reading GameStop names a new CEO and CFO, both from Amazon
GameStop is getting a new chief executive and chief financial officer, the company announced as part of its earnings release Wednesday. Matt Furlong,…
Continue Reading Boeing wants to delay delivery of new Air Force One jets by a year
Boeing is seeking a one-year delay in its deadline to deliver two new 747 jets to be used as Air Force One. And that would mean added costs for…
Continue Reading Can there ever be too much Marvel? We’re about to find out
For the past decade, movie theaters have counted on a big, buzzy Marvel hit to kick off a lucrative summer season. But this year, the superhero of…
Continue Reading Campbell Soup is getting squeezed by higher costs
Campbell Soup is raising the prices it charges stores for its products in response to rising supply chain costs. The maker of namesake soup brands…
Continue Reading Exclusive: US businesses warn crumbling infrastructure is hurting the economy
As infrastructure negotiations between the White House and a GOP Senate group broke down this week, business executives are warning that aging…
Continue Reading Black-owned banks are booming, and they’re pouring money back into their communities
An estimated $150 million in equity capital has been invested in Black-owned banks since George Floyd was murdered last year, according to the…
Continue Reading Paint just got a lot more expensive
Add paint to the growing list of things that are getting more expensive. Sherwin-Williams announced Tuesday that “demand remains strong”…
Continue Reading How a massive part of the internet went down for an hour
The company behind Tuesday’s massive internet outage has apologized for making a costly mistake that knocked out websites, apps and online…
Continue Reading The perfect storm making everything you need more expensive
Steel, lumber, plastic and fuel. Corn, soybeans, sugar and sunflower oil. Houses, cars, diapers and toilet paper. Prices are rising almost everywhere…
Continue Reading Best Buy has Thanksgiving plans. You’re not invited
Best Buy will be closed on Thanksgiving Day, moving many of its Black Friday deals online and offering alternatives to in-store shopping. The…
Continue Reading Volkswagen’s ex-CEO pays company $14 million over his role in the diesel scandal
Martin Winterkorn has agreed to pay Volkswagen nearly $14 million after an investigation found the former CEO failed to respond properly to signs…
Continue Reading Electric truck startup Lordstown Motors warns it may go out of business
Lordstown Motors, the startup electric truck maker, warned Tuesday it is close to running out of cash and may be forced out of business in the next…
Continue Reading Are you leaving your job in retail? Share your story
Retailers are reporting challenges hiring workers to staff stores and warehouses as the US economy reopens and shoppers spend on clothes, home goods…
Continue Reading Tech executive tapped as new Ferrari CEO as it plans its first EV
Ferrari has turned to a top tech executive to be its new CEO and lead the company into the age of electric supercars. Benedetto Vigna, currently the…
Continue Reading El Salvador is the first country to adopt bitcoin as legal tender
El Salvador has become the first country to adopt bitcoin as legal tender. A majority of lawmakers have approved a proposal from Salvadorian…
Continue Reading Ohio will soon be home to the largest solar factory complex outside of China
China’s dominance over the world’s solar industry just took a hit. First Solar unveiled plans Wednesday to double its US manufacturing…
Continue Reading Bitcoin just cleared another hurdle. It may still stumble
In a landmark move, El Salvador has become the first country to adopt bitcoin as a legal form of payment. But there’s still tons of pressure on…
Continue Reading Biden administration investigates ‘illegal’ leak of Jeff Bezos, Elon Musk and Warren Buffett’s tax information
The Biden administration said Tuesday it is investigating how tax information from several of the world’s richest people — including Jeff…
Continue Reading Ryanair and British Airways could be sued for refusing refunds
Britain’s antitrust regulator is investigating whether Ryanair and British Airways broke the law by refusing to refund customers for flights…
Continue Reading The price of goods leaving China’s factories is rising at its fastest pace in 13 years
China is getting pummeled by rising costs that have pushed producer price inflation to its highest level in nearly 13 years. Surging inflation in the…
Continue Reading Tesla Model 3 loses key Consumer Reports rankings
Tesla’s best-selling Model 3 sedan lost two designations from Consumer Reports after the company made changes to the car’s automatic…
Continue Reading FaceTime is coming to Android. Here’s why iMessage won’t
One of the most surprising announcements from Apple’s Worldwide Developers Conference keynote on Monday wasn’t a new feature for its own…
Continue Reading Chipotle raises its menu prices
Chipotle raised its menu prices by about 3.5% to 4% to cover the cost of higher wages for employees, the company’s Chief Financial Officer John…
Continue Reading Mitt Romney: It’s unacceptable Microsoft censored Tiananmen Square images in America
Senator Mitt Romney wants answers from Microsoft after the company blocked images and videos around the world of “Tank Man,” the…
Continue Reading NASA’s new chief on SpaceX’s Mars rocket, UFOs and going back to the moon
Former Florida Senator and veteran of spaceflight, Bill Nelson, has taken the helm at NASA. The space agency has the ball rolling on plans to return…
Continue Reading Wendy’s stock surges as Reddit crowd talks up ‘chicken tendies’
Move over, AMC and GameStop. Wendy’s is the latest hot stock with the WallStreetBets crowd. Shares of Wendy’s surged more than 25% in…
Continue Reading Economies in these states are actually stronger than they were before Covid
America is not yet back to its pre-pandemic normal, but some states are already doing better economically than they were before Covid, according to…
Continue Reading Massive internet outage: Websites and apps around the world go dark
Countless websites and apps around the world went down for about an hour Tuesday after Fastly, a major content delivery network, reported a…
Continue Reading Job openings in the US soar to record 9.3 million
America is hiring like never before. Job openings in the United States soared by nearly a million in April, setting a record for the most openings…
Continue Reading Boeing’s latest challenge: China
The Boeing 737 Max is back in the air, and air travel is finally rebounding, helping restart orders for new planes. But Boeing is still facing a…
Continue Reading
Starbucks is letting people bring in their own mugs again
Starbucks will let customers bring their own mugs to US company-owned cafes again starting on June 22. Before the pandemic, the coffee chain…
Continue Reading Want a job? America has a record number available
America is hiring like never before. Job openings in the United States soared by nearly a million in April, setting a record for the most openings…
Continue Reading Goldman Sachs to clients: Don’t sweat the global minimum tax
The historic agreement from the world’s richest nations to impose a global minimum tax doesn’t pose much of a threat to Corporate…
Continue Reading Bitcoin’s terrible run isn’t over yet
Bitcoin is plummeting yet again. The cryptocurrency has fallen roughly 8% over the past 24 hours, according to Coindesk, and was trading near $33,200…
Continue Reading Gap’s first piece of Yeezy clothing is a $200 jacket
Gap is finally showing off a first look at its new Yeezy collection with Kanye West nearly a year after the retailer signed the rapper. The first…
Continue Reading ‘We turned so far right we went crazy:’ How Fox News was radicalized by its own viewers
This article is adapted from the new edition of “Hoax: Donald Trump, Fox News, and the Dangerous Distortion of Truth,” which was…
Continue Reading El Salvador will adopt bitcoin as legal tender, president says
El Salvador could become the first country to adopt bitcoin as a legal tender, Salvadorian President Nayib Bukele announced in a video recording…
Continue Reading The stock market after-party is in Europe
US stock indices remain in record territory. But in recent weeks, they’ve been stuck in a holding pattern as investors hunt for the next big…
Continue Reading First on CNN Business: Asia’s fake pork titan sets its sights on the next ‘big’ thing
OmniFoods, the Hong Kong startup best known for its fake pork product “OmniPork,” is jumping on what it sees as the next phenomenon:…
Continue Reading Jeff Bezos is going to space on first crewed flight of rocket
Jeff Bezos will be flying to space on the first crewed flight of the New Shepard, the rocket ship made by his space company, Blue Origin. The flight…
Continue Reading Apple unveils iOS 15 with new features for post-pandemic life
Apple kicked off its annual developers conference on Monday by unveiling new features on iOS 15 that cater to our lives as the world begins to emerge…
Continue Reading Burger King trolls Chick-fil-A with LGBTQ+ donations
Burger King is making a statement during pride month: It’s trying to get a leg up in the chicken sandwich wars by taking a not-so-subtle dig at…
Continue Reading These AMC insiders sold $8 million of stock during last week’s boom
A half-dozen AMC leaders are cashing in on the “meme stock” madness. Four AMC executives and a pair of directors unloaded more than $8…
Continue Reading Companies you’d never expect are offering signing bonuses to new employees
America’s stores are having trouble bringing on staff to meet growing demand from customers as the US economy regains steam. So they’re…
Continue Reading Why electric cars are so much heavier than regular cars
Batteries are heavy. That’s why, generally, electric cars weigh considerably more than otherwise similar gasoline-powered vehicles. Take the…
Continue Reading Apple is giving Zoom a run for its money
Apple kicked off its annual developers conference on Monday by unveiling updates to a service many have relied on more heavily throughout the…
Continue Reading Google fined $270 million in France for unfair advertising practices
Google will pay a €220 million ($270 million) fine and make changes to its huge online advertising business as part of an antitrust settlement with…
Continue Reading Hit by a ransomware attack? Here’s what to do
The list of high-profile ransomware attacks grows longer and more alarming by the week, impacting everything from gas pipelines and meat supplies to…
Continue Reading Hit by a ransomware attack? Here’s who to call
The list of high-profile ransomware attacks grows longer and more alarming by the week, impacting everything from gas pipelines and meat supplies to…
Continue Reading Dollar doldrums are back as inflation worries heat up
Though bitcoin and other cryptocurrencies are the talk of the moment, the good old US dollar still reigns as the world’s reserve currency. But…
Continue Reading The Atlantic staffers announce intention to unionize
In a 1916 issue of The Atlantic Monthly, John D. Rockefeller Jr. wrote about workers’ right to organize. More than 100 years later, the…
Continue Reading Elon Musk cancels the 500-mile range version of Tesla’s Model S
Elon Musk is pulling the plug on his promised Tesla Model S Plaid+ super car about a year before it was expected to go on sale. Tesla still plans a…
Continue Reading Elon Musk cancels the Plaid Plus version of Tesla’s Model S
Elon Musk is pulling the plug on his promised Tesla Model S Plaid+ super car about a year before it was expected to go on sale. Tesla still plans a…
Continue Reading Apple’s WWDC 2021 event is about to kick off
Apple is about to reveal its latest set of changes to the software used everyday by millions of people — and possibly some new gadgets, too.…
Continue Reading Americans are still sitting on loads of stimulus cash
As CEO of one of America’s biggest banks, Bank of America’s Brian Moynihan has unique insight into the health of the country’s…
Continue Reading Get a shot, find love: Tinder, Hinge and other dating apps to give free perks to vaccinated British users
Tinder, Hinge, Bumble and other dating apps will allow more users to show whether they have been vaccinated against Covid-19 and roll out perks to…
Continue Reading US oil hits $70 for the first time in nearly three years
US oil prices hit $70 a barrel on Sunday for the first time in nearly three years. While prices have since backed off a little from that milestone…
Continue Reading Chinese women were already discriminated in the workplace. A three-child policy might make things worse
When Janice Zhang went job hunting in March, at every interview the 33-year-old was asked the same question: Was she married yet? Zhang works in…
Continue Reading Here’s what to expect at Apple’s WWDC this week
Revamped MacBooks. Updated iMessage features. An overhaul of the iPad operating system. These are among the announcements Apple may make this week…
Continue Reading Jen Psaki: I can’t let the briefing room become ‘a forum for propaganda’
The White House press briefing room will return to 100% capacity on Monday after 15 months of social distancing due to the coronavirus pandemic. It…
Continue Reading Justice Department treats journalists like drug gangs, New York Times reporter says
Journalists may be relieved — for now — that the Biden administration is changing the Justice Department’s policy that allowed prosecutors…
Continue Reading Microsoft removed ‘Tank Man’ images on Tiananmen Square’s anniversary
Microsoft blocked images and videos around the world of “Tank Man,” the unidentified protester during China’s brutal crackdown on…
Continue Reading Plan ahead: Walmart will not be open this Thanksgiving
It’s only June, but Walmart already has plans for Thanksgiving. They don’t involve you. The world’s largest retailer announced that…
Continue Reading A year after slashing staff, airlines are getting ready for a hiring binge
The latest sign of air travel returning to normal is the two words being repeated at most of the nation’s major airlines: Help wanted. The…
Continue Reading Why Wall Street fears a global tax deal
Looking to fund big spending projects at home, the United States has an ambitious pitch for countries around the world: It’s time to overhaul…
Continue Reading Private equity group buying medical products company Medline for $30 billion
A group of private equity firms, including Blackstone Group, Carlyle Group and Hellman & Friedman, is buying medical supply maker and distributor…
Continue Reading These new Crocs are sprouting light-up mushrooms
Just when we thought Crocs could not get any weirder, a new version of the foam clog features a psychedelic design complete with light-up mushrooms.…
Continue Reading G7 backs Biden’s sweeping overhaul of global tax system
Group of Seven finance ministers gathering in London agreed Saturday to back a global minimum tax of at least 15% on multinational companies. The G7…
Continue Reading 5 signs that shopping is getting back to normal
When coronavirus began to spread across the United States, retailers took action. Social distancing stickers were slapped on floors, mask mandates…
Continue Reading Crashing crypto prices spooked some new investors. Others are doubling down
Grant McGurn is really glad he jumped on a FaceTime call with his dad. The 27-year-old office manager in Madison, Wisconsin, had put all of his…
Continue Reading NASA is getting serious about UFOs
NASA’s new chief is setting up an effort to further study unidentified flying objects within his first month in office. Bill Nelson, the former…
Continue Reading Global food prices surge to their highest level in a decade
Global food prices rose for the 12th month in a row in May, up nearly 40% year over year, according to the United Nations’ food price index.…
Continue Reading NASA is taking a fresh look at UFOs
NASA’s new chief is setting up an effort to further study unidentified flying objects within his first month in office. Bill Nelson, the former…
Continue Reading NASA chief says Russia leaving ISS could kick off a space race
The United States has for decades enjoyed a mutually beneficial relationship with Russia that has often served as a powerful symbol of cooperation…
Continue Reading Stocks pop as solid jobs report soothes investor fears
Investors breathed a huge sigh of relief following the May jobs report Friday. Stocks rallied as the numbers told a classic Goldilocksian, not too…
Continue Reading Why this discount chain thinks rising prices are a good thing
People are paying higher prices for everything from diapers to gas. One discount chain says that’s great for its business. Five Below, the toy,…
Continue Reading Meme madness: Bank of America stops covering GameStop
One Wall Street analyst has had it with the whole meme stock phenomenon. Curtis Nagle, who covers retailers for Bank of America, is giving up trying…
Continue Reading After AMC’s wild week on Wall Street, theaters hope to scare up a hit box office with ‘The Conjuring’
“The Conjuring: The Devil Made Me Do It,” the seventh film in the horror franchise, hits theaters on Friday. It ends a crazy week for the…
Continue Reading Facebook says Trump now suspended until at least January 2023
Facebook announced Friday that former President Donald Trump would be suspended from its platform until at least January 7th, 2023 — two years…
Continue Reading Americans are buying lipstick and condoms. Here’s how bars are prepping for a big summer
Americans are gearing up for a celebratory summer by buying more lipstick, dressy clothing and condoms. And bars are ready to greet them. During the…
Continue Reading Facebook to change rules for politicians
Facebook on Friday plans to announce new rules for world leaders who use its platform, a source familiar with the plan tells CNN Business, in a move…
Continue Reading US labor market recovery picks up steam, adding 559,000 jobs in May
America’s job market recovery picked up some steam in May, with 559,000 positions added back to the economy. It was a second sizable miss of…
Continue Reading Amazon, Microsoft and Zillow are backing an initiative to increase Black representation on corporate boards
The number of African Americans serving on boards of directors for the nation’s largest corporations has remained dismally low this year…
Continue Reading Bitcoin tumbles after Elon Musk tweets breakup meme
The price of bitcoin sank on Friday after Elon Musk appeared to lament the end of his relationship with the cryptocurrency. The Tesla CEO tweeted a…
Continue Reading