Netflix just lost $50 billion in market cap
By Frank Pallotta, CNN Business Netflix’s bad 2022 just got much worse. After shares tanked earlier this year because of concerns over its…
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Volkswagen is coming for Tesla. Here’s how it plans to dominate the US market
By Nicole Goodkind, CNN Business Volkswagen is gunning for Tesla. Tesla is still king, with over 936,000 electric vehicles sold in 2021 and a share…
Continue ReadingThe magic is gone for Disney investors
By Paul R. La Monica, CNN Business Disney investors aren’t having as awful a year as Netflix shareholders. But that’s not saying much.…
Continue ReadingIMF says Russia’s war in Ukraine will ‘severely set back’ global economy
CNN, CNNBUSINESS By Julia Horowitz, CNN Business The International Monetary Fund has slashed its expectations for global economic growth over the…
Continue ReadingThe magic is gone for Disney investors
CNN By Paul R. La Monica, CNN Business Disney investors aren’t having as awful a year as Netflix shareholders. But that’s not saying…
Continue ReadingGas prices are creeping higher again
By Matt Egan, CNN Business Prices at the pump have stopped falling from their recent highs — and some forecasters are warning of another uptick as…
Continue ReadingPopeyes plans to open 200 new stores in North America this year
By Danielle Wiener-Bronner, CNN Business Popeyes has big expansion plans for 2022. The chicken chain is set to open more than 200 new locations in…
Continue ReadingSo you missed the tax-filing deadline. Now what?
By Jeanne Sahadi, CNN Business Most people who are required to file 2021 tax returns will have done so by the official filing due date —…
Continue ReadingIMF says Russia’s war in Ukraine will ‘severely set back’ global economy
By Julia Horowitz, CNN Business The International Monetary Fund has slashed its expectations for global economic growth over the next two years…
Continue ReadingNew York Times names Joe Kahn as executive editor
By Brian Stelter, CNN Business Joe Kahn, the managing editor of The New York Times, will succeed Dean Baquet as executive editor in June. Kahn, a…
Continue ReadingThe world may dodge another recession. But risks are growing
By Julia Horowitz, CNN Business As the World Bank and the International Monetary Fund kick off their spring meetings this week, both are sounding a…
Continue ReadingForeign investors are ditching China. Russia’s war is the latest trigger
CNN, CNNBUSINESS By Laura He, CNN Business Investors are ditching China at an unprecedented scale as a cocktail of political and business risks, and…
Continue ReadingInvestors await Netflix earnings while scrutinizing the streaming business model
By Brian Stelter, CNN Business A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free…
Continue ReadingInvestors await Netflix earnings while scrutinizing the streaming business model
CNN By Brian Stelter, CNN Business A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for…
Continue ReadingThese airlines are making masks optional after mandate struck down
CNN By Pete Muntean and Dave Alsup, CNN After a federal judge in Florida struck down the Biden administration’s mask mandate for airplanes and…
Continue ReadingThese airlines are making masks optional after mandate struck down
By Pete Muntean and Dave Alsup, CNN After a federal judge in Florida struck down the Biden administration’s mask mandate for airplanes and…
Continue ReadingEmployees at a New York Apple store are trying to unionize
By Chris Isidore and Sara Ashley O’Brien, CNN Business Some employees at the Apple store at New York’s Grand Central Terminal are seeking…
Continue ReadingNatural gas spikes to highest level since 2008 as rare nor’easter looms
By Matt Egan, CNN Business Natural gas futures surged on Monday to levels unseen since 2008 as the Northeast braces for a rare April blast of heavy…
Continue ReadingRenters are growing pessimistic they will ever own a home as prices keep rising
By Matt Egan Faced with a white-hot real estate market, renters are losing confidence they will ever own a home. On average only 43.3% of renters…
Continue ReadingWhy Tesla investors may need to worry about Elon Musk’s Twitter distraction
CNN By Paul R. La Monica, CNN Business Tesla is in a highly competitive electric car market. It has no chief operating officer. And CEO Elon Musk was…
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