EBay looks to cash in on trading cards boom
By Paul R. La Monica, CNN Business Collectors are paying record amounts of money for trading cards of top athletes, including LeBron James, Tom Brady…
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Credit Suisse helped Archegos take ‘potentially catastrophic’ risks before losing billions when it collapsed
By Hanna Ziady, CNN Business Credit Suisse investment bankers allowed Archegos Capital to take “voracious” and “potentially…
Continue ReadingThe world’s biggest food company says prices are going even higher
By Charles Riley, CNN Business The world’s largest food and beverage company is introducing even bigger price hikes as commodity and…
Continue ReadingOutspoken Chinese billionaire Sun Dawu sentenced to 18 years in prison
By Ben Westcott, CNN Business Billionaire Sun Dawu, a vocal critic of the Chinese government, was sentenced to 18 years in prison on Wednesday for…
Continue ReadingNurse says patients in ICU with Covid-19 begging for vaccine
CNN’s Randi Kaye spoke to Nurse Tammy Daniel in a Jacksonville hospital about Covid-19 patients begging for…
Continue ReadingDisney World and Disneyland to again require masks indoors
By Frank Pallotta, CNN Business Disney World and Disneyland, the two crown jewels of Disney’s parks unit, will again require masks indoors. The…
Continue ReadingPioneering TV pitchman Ron Popeil dies at age 86
By Andy Rose, CNN Business Infomercial king Ron Popeil died “suddenly and peacefully” Wednesday at Cedars Sinai Medical Center in Los…
Continue ReadingRobinhood raises less than it had hoped in IPO
By Matt Egan, CNN Business Robinhood’s highly-anticipated debut on Wall Street is getting off to a rough start. The fast-growing trading…
Continue ReadingFrom offices to restaurants, companies are requiring proof of vaccination
By Alexis Benveniste, CNN Business Corporate America is getting serious about vaccines. In the last week, companies from Disney to Walmart to Google…
Continue ReadingFord posts unexpected profit despite chip shortage
By Chris Isidore, CNN Business Ford overcame the effects of the chip shortage to post a narrow profit in the second quarter, and said it expects much…
Continue ReadingWhy rising coffee prices won’t change what you pay for Starbucks drinks
By Danielle Wiener-Bronner, CNN Business Coffee prices are surging. But that won’t make a difference in how much you spend on a cup of joe at…
Continue ReadingConsumer spending and incomes rose while a key measure of inflation dipped in June
The Federal Reserve is confident that inflation will go down and left interest rates and monetary policy unchanged due to the incomplete economic…
Continue ReadingNew CDC mask guidance throws stores’ policies into flux
By Nathaniel Meyersohn, CNN Business Stores are re-evaluating their mask policies after the US Centers for Disease Control and Prevention updated…
Continue ReadingBarbie maker says higher prices are coming just in time for the holidays
By Parija Kavilanz, CNN Business You can now add toys to the growing list of products that global supply chain woes have made more expensive to…
Continue ReadingBarbie maker says higher prices are coming just in time for the holidays
Mattel CEO Ynon Kreiz breaks down the toy giant’s strong second quarter earnings and why he believes it will continue to thrive for the rest of the…
Continue ReadingManagers will have to enforce rules for unvaccinated employees, and it won’t be easy
By Jeanne Sahadi, CNN Business Most employers have not outright mandated Covid vaccines as a condition of employment for their current staff ……
Continue ReadingFed says Delta won’t ruin the recovery. But we’re still a long way from normal
By Anneken Tappe, CNN Business The Federal Reserve left interest rates and monetary policy unchanged on Wednesday, pointing to the nation’s as…
Continue ReadingSimone Biles’ sponsors stand by her after she withdraws from Olympic events
By Chauncey Alcorn, CNN Business Simone Biles’ sponsors offered statements of support Wednesday following her decision to pull out of…
Continue ReadingKeilar rolls the tape on Biles’ critics: Mental health is real
CNN’s Brianna Keilar responds to critics of Simone Biles after the Olympic gymnast withdrew from the individual all-round competition at the Tokyo…
Continue ReadingCritical jobs are going unfilled. 5 things workers want from employers now
Opinion by Rosabeth Moss Kanter for CNN Business Perspectives As the economy continues to reopen, labor market turbulence is on the rise. Workers are…
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