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.…
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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.…
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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,…
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By Nathaniel Meyersohn, CNN Business Self-checkout arrived in the late 1980s at supermarkets. A decade later, it began spreading to big-box chains…
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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…
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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…
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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…
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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 ReadingBy Ramishah Maruf, CNN Don’t mess with Swifties. More than two dozen Taylor Swift fans are suing Ticketmaster parent Live Nation Entertainment,…
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By Hanna Ziady, CNN Business The United Kingdom faces a “lost decade” of growth if action isn’t taken to address slumping business…
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By Julia Horowitz, CNN Business Indonesia produces more nickel than any other country. As demand soars for batteries to power the energy transition,…
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By Laura He, CNN Business Global traders are increasingly feeling more bullish on China, as they bet the country will gradually unwind Covid…
Continue ReadingBy Megan Thomas, CNN The runoff for Georgia’s remaining US Senate seat took the spotlight during the latest episode of “Saturday Night…
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By Paul R. La Monica, CNN Business The meltdown of FTX has sent the price of bitcoin and other cryptocurrencies tumbling more than 60% this…
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By Parija Kavilanz, CNN Business There’s at least one group of shoppers excitedly hitting malls this holiday season — and they don’t…
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By Ramishah Maruf, CNN Twitter owner Elon Musk spoke out on Saturday evening about the so-called “Twitter Files,” a long tweet thread…
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By Ramishah Maruf, CNN Twitter owner Elon Musk spoke out on Saturday evening about the so-called “Twitter Files,” a long tweet thread…
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By Lauren Kent, CNN The British government is looking into bringing in the military to mitigate industrial action and keep public services running,…
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By Julia Horowitz, CNN Business OPEC and its allies decided Sunday to stick with their existing policy of curtailing oil output, just hours before…
Continue ReadingBy Megan Thomas, CNN The runoff for Georgia’s remaining US Senate seat took the spotlight during the latest episode of “Saturday Night…
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By Jordan Valinsky, CNN Business It might be 2022, but people are still ordering espresso martinis like it’s the 90s. The coffee-flavored drink…
Continue ReadingBy Danielle Wiener-Bronner, CNN Business ‘Tis the season to mix milk into your soda. According to Pepsi, anyway. Pepsi launched a campaign…
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By Christine Romans, CNN Chief Business Correspondent Each week brings head-scratching contradictory news about the economy. This past week was no…
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By Julia Horowitz, CNN Business The European Union has reached a consensus on the price at which to cap Russian oil just days before its ban on most…
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By Samantha Beech, CNN Right-wing conspiracy theorist Alex Jones filed for personal Chapter 11 bankruptcy protection in a Texas court on Friday,…
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By Alicia Wallace, CNN Business The US economy added 263,000 jobs in November, defying aggressive action from the Federal Reserve to cool the economy…
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By Anna Cooban and Xiaofei Xu, CNN Efforts to resolve a simmering dispute between Europe and the United States over electric vehicle subsidies…
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By Nicole Goodkind, CNN Business The global economy is weakening and consumers are feeling financially stressed. Gas and heat prices are up…
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By Chris Isidore, CNN Business Most labor disputes never end up being debated in Congress. But thanks to a nearly century-old law that regulates…
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By Juliana Liu and Diksha Madhok, CNN Business The crypto industry just can’t catch a break this year. Binance, the world’s biggest…
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By Laura He, CNN Business Protests this week across China show just how unpopular Beijing’s zero-Covid policy has become. Now, even as the…
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By Laura He, CNN Business Protests this week across China show just how unpopular Beijing’s zero-Covid policy has become. Now, even as the…
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By Peter Valdes-Dapena, CNN Business Tesla made the first deliveries of its Semi truck to customers Thursday evening, five years after the heavy-duty…
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By Oliver Darcy, CNN Business CNN on Thursday executed sweeping layoffs and implemented a series of changes that impacted multiple divisions across…
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By Matt Egan, CNN Business Inflation is cooling. Consumers are still spending. And hiring is slowing — but not collapsing. That’s why…
Continue ReadingBy Alicia Wallace, CNN Business Sheets of dollar bills rolling off the presses at the Fort Worth Bureau of Engraving and Printing will soon bear the…
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By Kara Scannell and Matt Egan, CNN Two senior executives associated with collapsed crypto exchange FTX have pleaded guilty to multiple criminal…
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By Anna Bahney, CNN Business Mortgage rates dipped again this week, marking the third straight week of falling rates. The 30-year fixed-rate mortgage…
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By Allison Morrow, CNN Business Sam Bankman-Fried, the founder of now-bankrupt FTX, has fallen from the peak of crypto celebrity, but he’s not…
Continue ReadingBy Danielle Wiener-Bronner, CNN Business ‘Tis the season to mix milk into your soda. According to Pepsi, anyway. Pepsi launched a campaign…
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By Danielle Wiener-Bronner, CNN Business McDonald’s is hoping a drive-thru lane with a food conveyor belt, a pickup room for delivery workers…
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By Allison Morrow, CNN Business Sam Bankman-Fried, the founder of now-bankrupt FTX, has fallen from the peak of crypto celebrity, but he’s not…
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By Nathaniel Meyersohn, CNN Business Family Dollar has lost ground in the dollar store race for years. Now, the discount chain hopes lowering prices…
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By Nathaniel Meyersohn, CNN Business Family Dollar has lost ground in the dollar store race for years. Now, the discount chain hopes lowering prices…
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By Chris Isidore, CNN Business A key measure of consumer prices slowed somewhat in October, another hopeful sign that inflation pressures could be…
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By Jeanne Sahadi, CNN Business No matter how smart or well educated you are, and no matter how successful professionally, when it comes to investing…
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By Tami Luhby, CNN As freight railroad workers look to Congress to provide them with paid sick days, millions of other American employees have no…
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By Paul R. La Monica, CNN Business The meltdown of FTX has sent the price of bitcoin and other cryptocurrencies tumbling more than 60% this…
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By Matt Egan, CNN Prices at the pump continue to plunge, dropping the US average for gasoline below where it was when Russia invaded Ukraine. A…
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By Nicole Goodkind, CNN Business Federal Reserve Chair Jerome Powell made investors very happy on Wednesday. US stocks popped after the central…
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By Alicia Wallace, CNN Business Ahead of Friday’s closely watched jobs report, economists polled by Refinitiv say they are expecting job growth…
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