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Month: March 2022

Huawei still fighting for ‘survival’ as Meng Wanzhou returns to corporate stage

By Michelle Toh, CNN Business Meng Wanzhou, the senior Huawei executive whose detainment in Canada became a flashpoint of US-China tensions, returned to the corporate stage Monday as sanctions continue to slam its business. The chief financial officer’s first appearance since her release came at an earnings presentation in Shenzhen where she took questions from

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Elon Musk says he has Covid

By Chris Isidore, CNN Business Elon Musk says he has Covid for a second time, but he is feeling relatively well. In a tweet early Monday, the CEO of Tesla and SpaceX said he “supposedly have it again (sigh), but almost no symptoms.” He previously tested positive for Covid in November 2020, before a vaccine

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First on CNN: Biden’s environment and energy agencies would see funding boost under proposed budget for fiscal year 2023

By Ella Nilsen, CNN President Joe Biden’s administration is announcing billions in new funding for climate, clean energy and environmental justice programs as part of the President’s proposed budget for fiscal year 2023. Several environmental and science agencies would see significant funding boosts if Congress approves Biden’s budget proposal, shared first with CNN. The US

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‘It’s really devastating’: Vancouver family trying to get soon-to-be adoptive sons to US

By Drew Marine Click here for updates on this story     PORTLAND Oregon (KPTV) — As attacks in Ukraine flash across the Yakimchuk’s TVs, they can’t help but watch in horror. “It’s really devastating it’s like brother against brother,” Julie Yakimchuk said. Not only because Julie is Russian and knows people in Ukraine, but especially because

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Heineken and Carlsberg are leaving Russia

By Chris Liakos, CNN Business European brewers Heineken and Carlsberg said Monday they will exit the Russian market following reviews of their operations triggered by the invasion of Ukraine. Denmark’s Carlsberg, which has 8,400 employees in Russia, said it was seeking a “full disposal” of its business but would maintain operations at a reduced level

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