Microsoft CEO Satya Nadella sells more than $285 million in Microsoft stock
By Paul R. La Monica, CNN Business It looks like Tesla’s Elon Musk isn’t the only high profile CEO getting rid of shares in the company…
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Wall Street wonders: Could Omicron be good for stocks?
By Julia Horowitz, CNN Business The rapid onset of concerns about the Omicron variant of the coronavirus has ushered in a period of fresh market…
Continue ReadingWhy Dollar Tree is ditching $1 forever
CNN, SHOPIFY By Nathaniel Meyersohn, CNN Business Dollar Tree is throwing away those green “Everything’s $1” signs at stores,…
Continue ReadingCyber Monday: Brisk sales, fewer discounts and plenty of out-of-stock problems
By Jordan Valinsky, CNN Business Cyber Monday sales amounted to $10.7 billion, which is higher than the underwhelming Black Friday tally but still…
Continue ReadingWhy Dollar Tree is ditching $1 forever
By Nathaniel Meyersohn, CNN Business Dollar Tree is throwing away those green “Everything’s $1” signs at stores, ditching the brand…
Continue ReadingChina is mining much more coal again and that’s boosting its factories
By Laura He, CNN Business China’s economy is finally getting some good news: Its big factories are staging a recovery as a power crunch that…
Continue ReadingStocks and oil prices fall as Moderna CEO says current vaccines will struggle with Omicron
By Jill Disis, CNN Business Global stocks and oil prices fell again Tuesday after a brief respite from the heavy sell-off triggered by the emergence…
Continue ReadingWestpac to likely pay $81 million for allegedly charging dead people, among other breaches
By Reuters and Michelle Toh, CNN Business Westpac said on Tuesday it will likely be fined 113 million Australian dollars ($80.8 million) for alleged…
Continue ReadingCNN to conduct ‘thorough review’ of documents showing Chris Cuomo’s intimate role advising brother Andrew Cuomo
By Brian Stelter, Oliver Darcy and Sonia Moghe, CNN CNN said Monday that it will evaluate new information that sheds light on how anchor Chris Cuomo…
Continue ReadingHere’s how your gas could hit $5 a gallon
By Matt Egan, CNN Business The surge in oil prices this year has angered drivers, tainted Americans’ views on the economy and confounded both…
Continue ReadingFans noticed a Simpsons episode is missing from Disney+ in Hong Kong
CNN By Jordan Valinsky, CNN Business Fans have noticed that an episode of the Simpsons that features a scene in Tiananmen Square is missing from…
Continue ReadingOmicron poses 3 major threats to the US economy, says Jerome Powell
By David Goldman, CNN Business Here we go again. Federal Reserve Chairman Jerome Powell is set to testify Tuesday that the Omicron variant threatens…
Continue ReadingAmazon warehouse workers in Alabama will get another chance to unionize
By Chris Isidore, CNN Business Workers at the Amazon warehouse in Bessemer, Alabama, will have another chance to unionize after a federal labor…
Continue ReadingHere’s how much the gifts from ’12 Days of Christmas’ would cost today
By Ramishah Maruf, CNN Business It’s going to cost more to spoil your True Love this year, according to PNC’s 38th annual Christmas Price…
Continue ReadingCasino stocks are looking like a big gamble
By Paul R. La Monica, CNN Business So much for the house always winning. Casino stocks have had a brutal year. Penn National Gaming, which operates…
Continue Reading‘Spider-Man: No Way Home’ overloaded ticket sites. That’s good news for theaters
By Frank Pallotta, CNN Business Tickets for “Spider-Man: No Way Home” overloaded ticket sites Monday. That’s great news for the box…
Continue ReadingCongress wants to kill the ‘backdoor Roth IRA.’ Here’s what it means for you
By Jeanne Sahadi, CNN Business Tax-free savings in retirement are great to have at your disposal. But provisions in the Build Back Better bill would…
Continue Reading‘Omicron’ cryptocurrency soars on new variant
By Reuters As global markets fell last week on news of the new Omicron coronavirus variant, one cryptocurrency with the same name soared after the…
Continue ReadingOmicron and the Fed might finally kill this bull market
CNN, CNNBUSINESS By Paul R. La Monica, CNN Business So much for a year-end Santa Claus rally? The broader market has pulled back in the past week as…
Continue ReadingCovid vaccine makers’ stocks soar on Omicron variant concerns
By Paul R. La Monica, CNN Business Fears about the Omicron variant of Covid-19 rattled the world’s financial markets Friday and early Monday…
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