Oil tops $79 for the first time since 2014 after OPEC rejects calls for more output
By Matt Egan, CNN Business Oil prices on Tuesday climbed to their highest level in nearly seven years after OPEC and its allies declined to…
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Grey Poupon wine now exists
By Jordan Valinsky, CNN Business Grey Poupon is doubling down on its hoity-toity image with a new white wine. It’s introducing La Moutarde Vin,…
Continue Reading Facebook’s stock is down but not out
By Julia Horowitz, CNN Business Facebook is having a terrible few days. But there are reasons investors may not abandon the company for long.…
Continue Reading Elizabeth Warren demands insider trading investigation of the Fed
By Matt Egan, CNN Business Senator Elizabeth Warren on Monday urged the Securities and Exchange Commission to launch an insider trading investigation…
Continue Reading Global stocks steady after Wall Street drop unsettles Asia
By Laura He and Charles Riley, CNN Business Stocks in the United States and Europe steadied on Tuesday after Asian markets were rattled overnight by…
Continue Reading Chinese developer Fantasia can’t pay its debts. That’s stoking real estate fears
By Laura He, CNN Business A Chinese developer of luxury apartments missed $315 million in payments to lenders on Monday, sparking fears that…
Continue Reading See who tops this year’s list of Fortune’s Most Powerful Women
By Jeanne Sahadi, CNN Business To say the pandemic has been transformative for business is an understatement. So perhaps it’s not surprising…
Continue Reading Stocks tumble on inflation and debt ceiling worries
By Anneken Tappe, CNN Business Wall Street started the week with a selloff as investors grapple with a wide range of concerns. Stocks opened lower…
Continue Reading Ozy Media CEO Carlos Watson claims his media startup is no longer shutting down
By Kerry Flynn and Brian Stelter, CNN Business Carlos Watson went on TV Monday morning to say that Ozy Media, the company he co-founded, would not…
Continue Reading Ozy Media CEO Carlos Watson claims his media startup is no longer shutting down
By Kerry Flynn and Brian Stelter, CNN Business Carlos Watson went on TV Monday morning to say that Ozy Media, the company he co-founded, would not…
Continue Reading Stock plunges at the tiny company responsible for California’s massive oil spill
By Chris Isidore, CNN Business Shares of the owner of the pipeline responsible for the oil spill off the coast of Southern California plunged Monday,…
Continue Reading Here are 5 takeaways from the Pandora Papers
By Ramishah Maruf, CNN Business The International Consortium of Investigative Journalists (ICIJ) on Sunday released the “Pandora Papers,”…
Continue Reading Here are 5 takeaways from the Pandora Papers
By Ramishah Maruf, CNN Business The International Consortium of Investigative Journalists (ICIJ) on Sunday released the “Pandora Papers,”…
Continue Reading There’s no excuse anymore. Here are 3 things companies can do to reduce carbon emissions
Opinion by Dan Lambe at CNN Business Perspectives Extreme weather made headlines all summer. Hurricane Ida made landfall in the Gulf before causing…
Continue Reading Car stocks are surging as sales fall. Here’s why
By Julia Horowitz, CNN Business Car sales at major automakers are plunging due to a shortage of computer chips that’s forced factory shutdowns…
Continue Reading Soldiers are delivering fuel in Britain as ‘challenging’ shortages persist
By Hanna Ziady and Charles Riley, CNN Business The army started supplying service stations in the United Kingdom on Monday in an effort to end more…
Continue Reading Amazon is starting Black Friday deals early. Like, now
By Jordan Valinsky, CNN Business Black Friday isn’t for another 53 days. For Amazon, however, it starts today. Amazon has begun rolling out…
Continue Reading Evergrande could be about to sell its property management unit in scramble to raise cash
By Michelle Toh, CNN Business Shares in Evergrande were suspended Monday amid reports that a rival Chinese real estate developer was preparing to buy…
Continue Reading China’s Korean War propaganda movie smashes box office record
By Laura He, CNN Business A film glorifying the heroism of Chinese soldiers fighting American troops during the Korean War smashed box office records…
Continue Reading ‘We need to admit reality,’ Facebook whistleblower says. Here’s what might happen next
By Brian Stelter, CNN Business A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free…
Continue Reading ‘We need to admit reality,’ Facebook whistleblower says. Here’s what might happen next
By Brian Stelter, CNN Business A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free…
Continue Reading Facebook executive says it’s ‘ludicrous’ to blame Jan. 6 on social media
By Ramishah Maruf, CNN Business A senior Facebook executive said on “Reliable Sources” Sunday that the company will never be able to…
Continue Reading This electric car can go 520 miles on a charge but the CEO says that’s not important
By Peter Valdes-Dapena, CNN Business The Lucid Air Dream Edition was recently rated by the Environmental Protection Agency with an estimated driving…
Continue Reading Facebook executive says it’s ‘ludicrous’ to blame Jan. 6 on social media
By Ramishah Maruf, CNN Business A senior Facebook executive said on “Reliable Sources” Sunday that the company will never be able to…
Continue Reading Facebook’s stock is down but not out
By Julia Horowitz, CNN Business Facebook is having a terrible few days. But there are reasons investors may not abandon the company for long.…
Continue Reading ‘Venom: Let There Be Carnage’ becomes biggest opening of the pandemic
By Frank Pallotta, CNN Business Venom devoured the box office. “Venom: Let There Be Carnage” — Sony’s follow-up to the hit 2018…
Continue Reading ‘Venom: Let There Be Carnage’ becomes biggest US opening of the pandemic
By Frank Pallotta, CNN Business Venom devoured the box office. “Venom: Let There Be Carnage” — Sony’s follow-up to the hit 2018…
Continue Reading Big Oil is going all-out to fight climate rules in Build Back Better
By Matt Egan, CNN Business America’s oil-and-gas industry is fighting tooth and nail to kill or scale back climate provisions in the President…
Continue Reading ‘SNL’ returns with a new Joe Biden, looking to unite Democrats
By Frank Pallotta, CNN Business “Saturday Night Live” is back, and with it came a new President Joe Biden. The NBC variety show returned…
Continue Reading ‘SNL’ returns with a new Joe Biden, looking to unite Democrats
By Frank Pallotta, CNN Business “Saturday Night Live” is back, and with it came a new President Joe Biden. The NBC variety show returned…
Continue Reading How America ruined Christmas
By Allison Morrow, CNN Business The supply chain nightmare that’s been plaguing the global economy for over a year is about to snarl the…
Continue Reading ‘SNL’ returns with a new Joe Biden, looking to unite Democrats
By Frank Pallotta, CNN Business “Saturday Night Live” is back, and with it came a new President Joe Biden. The NBC variety show returned…
Continue Reading ‘SNL’ returns with a new Joe Biden, looking to unite Democrats
By Frank Pallotta, CNN Business “Saturday Night Live” is back, and with it came a new President Joe Biden. The NBC variety show returned…
Continue Reading A ‘Big Four’ firm will allow 40,000 employees to work from home
By Ramishah Maruf, CNN Business PricewaterhouseCoopers, the accounting and consulting giant, will allow all its 40,000 US-based service employees to…
Continue Reading Tesla sees jump in third quarter production
By Bridget O’Brian and Ramishah Maruf, CNN Business Tesla said Saturday that it produced 237,823 vehicles in its third quarter and delivered…
Continue Reading Why a hand gesture has South Korean companies on edge
By Jake Kwon, CNN Business It took three years for players to notice the “offensive” hand gesture lurking in one of South Korea’s…
Continue Reading Stocks tumble on inflation and debt ceiling worries
By Anneken Tappe, CNN Business Wall Street started the week with a selloff as investors grapple with a wide range of concerns. Stocks opened lower…
Continue Reading Plant-based meat was all the rage. Now plant-based seafood is taking the spotlight
By Alexis Benveniste, CNN Business Companies like Beyond Meat Inc and Impossible Foods are seeing strong sales. Earlier this year, Target launched…
Continue Reading Bill Gross is in trouble for tormenting his neighbors with loud music — again
By Ramishah Maruf, CNN Business Bill Gross, billionaire and the ‘bond king,’ was found guilty in contempt of court for tormenting his…
Continue Reading Nike, Under Armour and others face supply problems in Vietnam
By Parija Kavilanz, CNN Business Surging shopper demand coupled with shipping container shortages and bottlenecks at ports have already triggered…
Continue Reading Ozy Media is shutting down after a week of scrutiny into its business
By Kerry Flynn, CNN Business Ozy Media announced on Friday that it will cease operations. The decision comes five days after the The New York Times…
Continue Reading Scarlett Johansson and Disney agree to end lawsuit
By Frank Pallotta, CNN Business Scarlett Johansson vs. Disney is over. On Thursday, the actress and Disney resolved their dispute over the lawsuit…
Continue Reading Snowcone the Happy Unicorn is the latest victim of manufacturing chaos
By Nathaniel Meyersohn, CNN Business The holiday season isn’t looking so merry for Dena Fargo this year. Her best-selling toy, a multi-colored,…
Continue Reading America could be hit with a debt downgrade for the first time since 2011
By Matt Egan Fitch Ratings warned Friday that the fight in Washington over raising the debt ceiling could force the firm to downgrade America’s…
Continue Reading A housing market so hot that a burned-out home listed for $400,000
By Anna Bahney, CNN Business The housing market has recently cooled from white hot to merely red hot. But it’s still a great time to get top…
Continue Reading A housing market so hot that a burned-out home listed for $400,000
By Anna Bahney, CNN Business The housing market has recently cooled from white hot to merely red hot. But it’s still a great time to get top…
Continue Reading Car sales plunge as chip shortages choke off supply
By Chris Isidore, CNN Business New car sales plunged over the last three months in the United States despite strong demand, as the shortage of…
Continue Reading America could be hit with a debt downgrade for the first time since 2011
By Matt Egan Fitch Ratings warned Friday that the fight in Washington over raising the debt ceiling could force the firm to downgrade America’s…
Continue Reading Low-wage workers are getting ‘eye-popping’ pay raises, Goldman Sachs says
By Moira Ritter, CNN Business Low-wage workers are making “eye-popping” gains in their paychecks, according to Goldman Sachs. The bank…
Continue Reading Low-wage workers are getting ‘eye-popping’ pay raises, Goldman Sachs says
By Moira Ritter, CNN Business Low-wage workers are making “eye-popping” gains in their paychecks, according to Goldman Sachs. The bank…
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