China Fortune Land gave $313 million to a wealth manager. Now the developer can’t find it
By Diksha Madhok, CNN Business A Chinese property developer that was once one of the country’s largest says it has lost contact with a wealth…
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London bars and restaurants are shutting themselves down as Omicron rips through UK
By Julia Horowitz, CNN Business As the Omicron variant sweeps through the United Kingdom, pushing daily coronavirus infections to their highest level…
Continue ReadingThe world could burn a record amount of coal next year despite efforts to scrap the dirtiest fossil fuel
By Reuters Rising consumption in China, India and the United States could bring global coal-fired power demand to a new all-time high this year,…
Continue ReadingFox’s worst week? Dominion ruling adds to drumbeat of bad news for the network
By Brian Stelter, CNN Business A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free…
Continue ReadingBill to clamp down on products from China’s Xinjiang passes Congress, will head to Biden
Story by Reuters The US Senate passed legislation on Thursday to ban imports from China’s Xinjiang region over concerns about forced labor,…
Continue ReadingDominion Voting wins key decision in lawsuit against Fox News
CNN By Katelyn Polantz, CNN Reporter, Crime and Justice A judge in Delaware has found that Fox News’ coverage of election fraud after the 2020…
Continue ReadingDominion Voting wins key decision in lawsuit against Fox News
By Katelyn Polantz, CNN Reporter, Crime and Justice A judge in Delaware has found that Fox News’ coverage of election fraud after the 2020…
Continue ReadingFox’s worst week? Dominion ruling adds to drumbeat of bad news for the network
CNN By Brian Stelter, CNN Business A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for…
Continue ReadingSkinny leggings vs baggy jeans. Which will Gen Z dump first?
By Parija Kavilanz, CNN Business When Gen Z + TikTok declare a fashion trend as “cheugy,” it means it’s over. The rest of us are…
Continue ReadingRivian to open $5 billion manufacturing plant in Georgia
By Matt McFarland, CNN Business Rivian, the electric vehicle maker, plans to begin construction on a second manufacturing plant in 2022 even as it is…
Continue ReadingExclusive: Car prices are surging. Elizabeth Warren blames corporate greed
By Matt Egan, CNN Business New car prices are skyrocketing at the fastest pace on record. And Senator Elizabeth Warren says a lack of competition in…
Continue ReadingRegulators open probe into red hot ‘buy now, pay later’ industry
By Paul R. La Monica, CNN Business Regulators in Washington may crack down on the industry behind “buy now, pay later,” the increasingly…
Continue ReadingElectric cars have given a jolt to Ford’s stock price
By Peter Valdes-Dapena, CNN Business In early May of 2020, Jim Farley bought $1 million worth of Ford stock, 195,000 shares at a little over $5 a…
Continue Reading9 of the most important year-end money moves
By Jeanne Sahadi, CNN Business A common New Year’s resolution is to be better with money. But you will miss some opportunities if you wait…
Continue ReadingShipping CEO: The best solution to global supply chain chaos
Opinion by Vincent Clerc for CNN Business Perspectives Almost everything you buy has traveled along some of the millions of miles of networks that…
Continue ReadingThe housing market isn’t slowing down anytime soon
By Paul R. La Monica, CNN Business Is the housing market finally losing steam? Home improvement retail giant Lowe’s issued a disappointing…
Continue ReadingChipotle doesn’t want you to order at its newest restaurant
By Jordan Valinsky, CNN Business Digital orders and drive-thrus are the future of Chipotle. Now, the fast casual chain is designing a restaurant to…
Continue ReadingMcDonald’s claws back $105 million from fired CEO Steve Easterbrook
CNN By Jordan Valinsky, CNN Business McDonald’s has settled a lawsuit with former CEO Steve Easterbrook, forcing the disgraced executive to…
Continue ReadingMcDonald’s claws back $105 million from fired CEO Steve Easterbrook
By Jordan Valinsky, CNN Business McDonald’s has settled a lawsuit with former CEO Steve Easterbrook, forcing the disgraced executive to repay…
Continue ReadingDelta CEO: Masks are still important on planes
By Chris Isidore, CNN Business Delta CEO Ed Bastian thinks wearing masks on airplanes is a good idea. The day after Southwest CEO Gary Kelly…
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