Cathay Pacific is facing ‘unprecedented staffing’ shortages, warns top union in Hong Kong
By Michelle Toh, CNN Business Hong Kong’s flagship airline Cathay Pacific is facing “unprecedented” staff shortages and may not be…
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By Michelle Toh, CNN Business Hong Kong’s flagship airline Cathay Pacific is facing “unprecedented” staff shortages and may not be…
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By Michelle Toh, CNN Business Hong Kong’s flagship airline Cathay Pacific is facing “unprecedented” staff shortages and may not be…
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By Oliver Darcy, CNN Business Nationwide protests have gripped Iran for weeks following the death of 22-year-old Mahsa Amini after she was taken into…
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By Oliver Darcy, CNN Business Nationwide protests have gripped Iran for weeks following the death of 22-year-old Mahsa Amini after she was taken into…
Continue ReadingBy Julia Horowitz, CNN Business Credit Suisse said it will buy back up to $3 billion in its own bonds to save money on debt servicing costs while…
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By Paul LeBlanc, CNN Former US Treasury Secretary Larry Summers said Thursday it’s “more likely than not” the US will enter a…
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by Matt Egan, CNN Republican Sen. Chuck Grassley on Thursday called for punishing OPEC for its production cut by passing legislation that would hold…
Continue ReadingBy Frank Pallotta, CNN Business Netflix is going to the movies, but only for a week. “Glass Onion: A Knives Out Mystery,” the new…
Continue ReadingBy Peter Valdes-Dapena, CNN Business Last June, Toyota warned owners of its first mainstream electric vehicle, the BZ4X, to stop driving their SUVs…
Continue ReadingBy Peter Valdes-Dapena, CNN Business Last June, Toyota warned owners of its first mainstream electric vehicle, the BZ4X, to stop driving their SUVs…
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By Alicia Wallace, CNN Business The global economic outlook is darkening and the risks of recession are quickly rising: That’s the latest…
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By Paul R. La Monica, CNN Business The midterm elections are a little more than a month away, and if Wall Street had a vote, it’d be for more…
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By Peter Valdes-Dapena, CNN Business Ford is again raising prices on the F-150 Lightning electric pickup, but the price increase will impact only the…
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By Jordan Valinsky, CNN Business Tyson Foods is the latest company closing its Chicago-area offices, joining Boeing, Caterpillar and Citadel among…
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By Anna Bahney, CNN Business After rising for six weeks in a row, mortgage rates retreated last week. The 30-year fixed-rate mortgage averaged 6.66%…
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By Alicia Wallace, CNN Business When the Bureau of Labor Statistics releases its latest monthly jobs report on Friday, all eyes will be on whether…
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By Jordan Valinsky, CNN Business Peloton is undergoing another round of layoffs — its fourth this year — with about 500 jobs being eliminated, as…
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By Nicole Goodkind, CNN Business Investors are tightening their neck braces as US stocks soar upwards, plummet back down and then do it all over.…
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by Matt Egan, CNN Republican Sen. Chuck Grassley on Thursday called for punishing OPEC for its production cut by passing legislation that would hold…
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By Chris Isidore and Matt Egan, CNN Business Even before Wednesday’s action by OPEC+ to cut oil production, US gas prices were on their way up.…
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By Peter Valdes-Dapena, CNN Business Changing America’s fleet of trucks and buses to run on electricity while, at the same time, changing the…
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By Peter Valdes-Dapena, CNN Business Changing America’s fleet of trucks and buses to run on electricity while, at the same time, changing the…
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By Paul R. La Monica, CNN Business Mortgage rates are soaring. And for many prospective home buyers, especially first-time purchasers, the…
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By Paul R. La Monica, CNN Business Maybe that October market rally has some legs after all? Stocks were mostly unchanged Wednesday, even as a fresh…
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By Hanna Ziady, CNN Business OPEC+ said Wednesday that it will slash oil production by 2 million barrels per day, the biggest cut since the start of…
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By Hanna Ziady, CNN Business OPEC+ said Wednesday that it will slash oil production by 2 million barrels per day, the biggest cut since the start of…
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By Nicole Goodkind, CNN Business Persistently high inflation, the Federal Reserve’s tightening policy and record-breaking US debt have wreaked…
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By Parija Kavilanz, CNN Business REI has quit Black Friday, forever. For the past seven years, the retailer has closed its doors on the day after…
Continue ReadingBy Laura He and Emiko Jozuka, CNN Business A quarter of a century ago, a major financial crisis ripped through Asia, shaking its economies to the…
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By Alicia Wallace, CNN Business America’s national debt has climbed north of $31 trillion for the first time, a milestone that comes at a time…
Continue ReadingBy Oliver Darcy, CNN Business On Monday night, inside the upscale Parisian restaurant L’Avenue at Saks in midtown Manhattan, MSNBC President…
Continue ReadingBy Jeanne Sahadi, CNN Business The competition to be listed among Fortune’s Most Powerful Women has gotten a little stiffer this year. In…
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By Peter Valdes-Dapena, CNN Business Average car prices are shooting higher and higher thanks to continued auto parts shortages. Interest rates are…
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By Matt Egan, CNN Business Congressman Ro Khanna wants Federal Reserve Chairman Jerome Powell to apologize for the central bank’s handling of…
Continue ReadingBy Jeanne Sahadi, CNN Business One of the best ways to build wealth in the United States is to own your own business. But just 2% of businesses with…
Continue ReadingBy Jeanne Sahadi, CNN Business One of the best ways to build wealth in the United States is to own your own business. But just 2% of businesses with…
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By Allison Morrow, CNN Business Ray Dalio, the billionaire founder of the world’s largest hedge fund, is stepping down from his role at the…
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By Allison Morrow, CNN Business Ray Dalio, the billionaire founder of the world’s largest hedge fund, is stepping down from his role at the…
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By Scottie Andrew, CNN Jack Thomas’ byline appeared in the Boston Globe for an impressive 60 years. He was a copy boy to start, working for the…
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By Alicia Wallace, CNN Business The tight US labor market started to show signs of loosening in August. The number of job openings dropped to just…
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By Katharina Krebs and Anna Chernova, CNN Marina Ovsyannikova, a Russian journalist who staged a daring protest live on state-run television, has…
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By Paul R. La Monica, CNN Business Is the worst really over on Wall Street? It’s too soon to say. But stocks rose sharply again Tuesday…
Continue ReadingBy Jordan Valinsky, CNN Business For the “Why didn’t I think of that?” file: A startup that sells water in beer cans —…
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By Nicole Goodkind, CNN Business The Federal Reserve’s aggressive tightening policy has led the US dollar to appreciate to multi-decade highs,…
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By Nicole Goodkind, CNN Business The Federal Reserve’s aggressive tightening policy has led the US dollar to appreciate to multi-decade highs,…
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By Paul R. La Monica, CNN Business Major CEOs aren’t buying the notion that the US economy could have a soft landing following a series of…
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By Parija Kavilanz, CNN Business What staffing shortage? One Miami Chick-fil-A owner/operator has been deluged with applications after switching his…
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By Anna Cooban, CNN Business It wasn’t hard for Samantha Losey, managing director of Unity, a public relations firm in London, to convince her…
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By Parija Kavilanz, CNN Business South Korean internet giant Naver is acquiring leading online resale platform Poshmark for $1.2 billion, the…
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By Matt Egan, CNN Business US Rep. Ro Khanna is calling for the White House to retaliate against Saudi Arabia if OPEC and its allies slash oil…
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