When China and Saudi Arabia meet, nothing matters more than oil
By Laura He, CNN Business Chinese President Xi Jinping is visiting Saudi Arabia this week for the first time in nearly seven years, during which he…
Continue ReadingCNN – Money
New York Times journalists stage historic 24-hour strike after management and union fail to reach deal
By Oliver Darcy, CNN Business A 24-hour strike at The New York Times, a historic demonstration in which more than 1,100 employees are expected to…
Continue Reading Congress is debating new retirement rules. These 7 changes are on the table
By Jeanne Sahadi, CNN Business New retirement rules could make it easier for Americans to accumulate retirement savings — and less costly to…
Continue Reading What’s gone wrong at Beyond Meat
By Danielle Wiener-Bronner, CNN Business A slew of problems have stalled the growth of Beyond Meat, once a darling of Wall Street whose top product…
Continue Reading The media business is in turmoil — but its stocks may be close to bottoming
By Paul R. La Monica, CNN Business The media sector has had a tumultuous 2022, culminating in the shocking return of Bob Iger as CEO of Disney and a…
Continue Reading Elon Musk is no longer the richest man on the planet, according to Forbes
By Jordan Valinsky, CNN Business Elon Musk is no longer the world’s richest person, according to Forbes. On Thursday, Musk dropped to the…
Continue Reading Move over kiddo. Teens and grownups want their own teddy bears
By Parija Kavilanz, CNN Business We know young kids love teddy bears and cute cuddly stuffed animals. But Build-A-Bear Workshop says older consumers…
Continue Reading GM to put thousands of electric vehicle chargers in rural America
By Peter Valdes-Dapena, CNN Business General Motors is moving ahead with plans to install as many as 40,000 electric vehicle chargers in, mostly,…
Continue Reading UK strikes to hit ambulance services, hospitals and trains in the run up to Christmas
By Hanna Ziady, CNN Business Britain is bracing for further disruption from strikes heading into the Christmas period, as ambulance drivers and…
Continue Reading Coca-Cola is getting into Christmas movies
By Danielle Wiener-Bronner, CNN Business Coca-Cola is hoping that this holiday season, families will crack open some Cokes, settle into a comfy spot…
Continue Reading Companies can’t imagine life without the CEO. That’s a problem
By Nicole Goodkind, CNN Business Nothing lasts forever, not even a good CEO. It’s been a nasty year for Fortune 500 companies and top…
Continue Reading UK tries to shore up energy supply with US deal
By Hanna Ziady, CNN Business Britain has agreed a new energy partnership with the United States that aims to end its reliance on Russia and lower…
Continue Reading The New York Times is bracing for a historic mass walkout as union negotiations go down to the wire
By Oliver Darcy, CNN Business The New York Times is preparing for more than 1,100 of its union staffers to go on strike for a full day Thursday —…
Continue Reading The very last 747 jumbo jet just rolled off Boeing’s assembly line
By Chris Isidore, CNN Business After 53 years and more than 1,570 planes, the last Boeing 747 rolled off the assembly line in Washington state…
Continue Reading Juul Labs settles litigation in the United States
By Rob McLean, CNN Business E-cigarette maker Juul Labs said Tuesday that it has settled litigation it faced in the United States, resolving a…
Continue Reading Why the world’s top chip maker is doubling down on American manufacturing
By Allison Morrow, CNN Business The world’s leading producer of advanced computer chips, Taiwan Semiconductor Manufacturing Company, announced…
Continue Reading Why the world’s top chip maker is doubling down on American manufacturing
By Allison Morrow, CNN Business The world’s leading producer of advanced computer chips, Taiwan Semiconductor Manufacturing Company, announced…
Continue Reading Congress wants to grill Live Nation’s CEO over the Taylor Swift Ticketmaster fiasco
By David Goldman, CNN Business Congress wants answers from the CEO of Ticketmaster’s parent company after a ticketing snafu ahead of Taylor…
Continue Reading The very last 747 jumbo jet just rolled off Boeing’s assembly line
By Chris Isidore, CNN Business After 53 years and more than 1,570 planes, the last Boeing 747 rolled off the assembly line in Washington state…
Continue Reading Stocks sink again as CEOs sound alarm bells about economy
By Paul R. La Monica, CNN Business Some top CEOs appear to be worried that the economy could be the Grinch that steals Christmas this year. And…
Continue Reading US oil plunges below $75 for first time since just before Christmas
By Matt Egan, CNN Business Oil prices have tumbled to their lowest level of the year as worries about the health of the economy overshadow concerns…
Continue Reading BuzzFeed slashes 12% of its workforce, citing ‘worsening macroeconomic conditions’
By Oliver Darcy, CNN BuzzFeed on Tuesday said it would lay off approximately 12% of its staff, making the digital news and entertainment conglomerate…
Continue Reading Meme stock mania may finally be over
By Paul R. La Monica, CNN Business It’s time to sing a requiem for a meme. Meme stocks, that is. Companies that attracted rabid followings from…
Continue Reading Walmart CEO: Inflation on toys, clothing and sports equipment is easing
By Nathaniel Meyersohn, CNN Business Finally, shoppers are getting some good news about prices: Inflation is falling on discretionary merchandise…
Continue Reading US trade deficit edged up to $78.2 billion in October
By Chris Isidore, CNN Business The US trade gap edged only slightly higher in October than the month before, to $78.2 billion. The latest reading was…
Continue Reading McDonald’s franchisee violated child labor laws, investigation finds
By Danielle Wiener-Bronner, CNN Business A McDonald’s franchise operator has violated child labor laws, according to an investigation by the…
Continue Reading ‘Not how you treat friends.’ Biden’s climate plan strains trade ties with Europe
By Anna Cooban, CNN Business The world’s biggest economic relationship has hit a rough patch. The European Union and United States — together…
Continue Reading Philadelphia is launching a plant-based cream cheese
By Danielle Wiener-Bronner, CNN Business Philadelphia Cream Cheese is launching a non-dairy version of its signature spread. The plant-based cream…
Continue Reading TSMC ups its Arizona chipmaking investment to $40 billion ahead of Biden’s visit
By Jordan Valinsky, CNN Business Taiwan Semiconductor Manufacturing Company is upping its investment in the United States, announcing Tuesday that…
Continue Reading The last time the US faced a debt fight this bad it lost its AAA rating
By Nicole Goodkind, CNN Business Democrats and Republicans in Congress are gearing up for yet another political showdown over raising the…
Continue Reading Shein tells suppliers to end long working days at factories by end of the month
By Juliana Liu, CNN Business Chinese fast fashion retailer Shein, the subject of recent controversy around alleged labor rights abuses, says it plans…
Continue Reading The world will gain enough renewable energy in 5 years to power China, says IEA
By Hanna Ziady, CNN Business Global renewable power capacity is set to grow as much in the next five years as it has over the past two decades, as…
Continue Reading This former tech worker is helping change laws for people who get laid off
By Faith Karimi, CNN Ifeoma Ozoma’s path as an advocate for tech workers started with a series of tweets one morning in June 2020. It was a few…
Continue Reading This former tech worker is helping change laws for people who get laid off
By Faith Karimi, CNN Ifeoma Ozoma’s path as an advocate for tech workers started with a series of tweets one morning in June 2020. It was a few…
Continue Reading Al Jazeera submits Shireen Abu Akleh case to ICC
By Abeer Salman, Hadas Gold, Alex Stambaugh and Teele Rebane, CNN Al Jazeera has submitted a case to the International Criminal Court (ICC) over the…
Continue Reading Rupert Murdoch set to be deposed in Dominion’s $1.6 billion defamation case
By Oliver Darcy, CNN Business Rupert Murdoch, the Fox Corporation chairman, is set to be deposed next week in Dominion Voting System’s $1.6…
Continue Reading CEO economic outlook tumbles to two-year low
By Matt Egan, CNN Slower hiring. Weaker spending. And softer growth. That’s what America’s CEOs are bracing for as the economy heads into…
Continue Reading 8 million cleaning products recalled over bacteria exposure risk
By Parija Kavilanz, CNN Business The Laundress brand of detergent and household cleaning products has recalled about eight million products because…
Continue Reading Nike cuts ties with Kyrie Irving
By Kevin Dotson, CNN Nike cut ties with Brooklyn Nets guard Kyrie Irving Monday. The move comes after Irving posted a Twitter link to a documentary…
Continue Reading Hertz settles lawsuits over hundreds of alleged false arrests
By Peter Valdes-Dapena, CNN Business Hertz will pay $168 million to settle 364 claims related to the company falsely reporting rental cars as stolen.…
Continue Reading US could see a fight over debt ceiling that rocks markets, Goldman Sachs warns
By Matt Egan, CNN Business Republicans and Democrats are likely to clash next year over the debt ceiling, a fight that could rock financial markets,…
Continue Reading Self-checkout annoys some customers and helps shoplifters. Stores are adding it anyway
By Nathaniel Meyersohn, CNN Business Self-checkout arrived in the late 1980s at supermarkets. A decade later, it began spreading to big-box chains…
Continue Reading ‘GMA3’ anchors Amy Robach and T.J. Holmes taken off the air following report of romantic relationship
By Oliver Darcy, CNN Amy Robach and T.J. Holmes, co-hosts of ABC News’ “GMA 3,” have been taken off the air following the public…
Continue Reading The West just scrambled the oil market. What happens next is up to Russia
By Julia Horowitz, CNN Business Most Russian crude oil exports to Europe are now banned, marking the boldest effort yet by the West to pile financial…
Continue Reading Jay Powell’s dream of the 90s is dead
By Nicole Goodkind, CNN Business The US economy gained 263,000 jobs in November, 63,000 above the consensus estimate. The larger surprise was that…
Continue Reading Delta, pilots reach labor deal with 34% pay hike
Reuters Delta Air Lines has offered a 34% cumulative pay increase to its pilots over three years in a new contract, demonstrating the bargaining…
Continue Reading More than two dozen Taylor Swift fans sue Ticketmaster
By Ramishah Maruf, CNN Don’t mess with Swifties. More than two dozen Taylor Swift fans are suing Ticketmaster parent Live Nation Entertainment,…
Continue Reading UK recession could turn into a ‘lost decade’
By Hanna Ziady, CNN Business The United Kingdom faces a “lost decade” of growth if action isn’t taken to address slumping business…
Continue Reading Indonesia wants to make an OPEC for this coveted metal
By Julia Horowitz, CNN Business Indonesia produces more nickel than any other country. As demand soars for batteries to power the energy transition,…
Continue Reading Morgan Stanley upgrades China stocks as global investors cheer on Covid reopening hopes
By Laura He, CNN Business Global traders are increasingly feeling more bullish on China, as they bet the country will gradually unwind Covid…
Continue Reading