Volkswagen invests $700 million in Chinese EV maker Xpeng to boost sluggish sales
By Laura He Hong Kong (CNN) — Volkswagen has bought nearly 5% of Chinese electric vehicle maker Xpeng for $700 million and agreed a strategic…
Continue ReadingBy Laura He Hong Kong (CNN) — Volkswagen has bought nearly 5% of Chinese electric vehicle maker Xpeng for $700 million and agreed a strategic…
Continue ReadingBy Clare Duffy, CNN Video by John General, Deborah Brunswick and Hazel Tang, CNN New York (CNN) — In mid-July at the construction site at 1…
Continue ReadingCNN, CNN BUSINESS By Clare Duffy, CNN Video by John General, Deborah Brunswick and Hazel Tang, CNN New York (CNN) — In mid-July at the…
Continue ReadingBy Brian Fung, CNN Washington (CNN) — Two US senators are calling for the creation of a new federal agency to regulate tech companies such as…
Continue ReadingBy Hanna Ziady, CNN London (CNN) — Shell and TotalEnergies have reported a steep drop in second-quarter profits, as oil and gas prices fell…
Continue ReadingBy Oliver Darcy, CNN (CNN) — Variety has a mess on its hands. One day after publishing a questionable 4,000-word story that aimed to detail the…
Continue ReadingBy Laura He and Candice Zhu, CNN Hong Kong (CNN) — Exhausted by the pressure to succeed as a photographer, Litsky Li accepted a better offer:…
Continue ReadingBy Parija Kavilanz, CNN New York (CNN) — Mattel, riding high on the pink wave of the box office success of the “Barbie” movie, plans to go…
Continue ReadingCNN By Parija Kavilanz, CNN New York (CNN) — Mattel, riding high on the pink wave of the box office success of the “Barbie” movie, plans to…
Continue ReadingBy Jordan Valinsky and Ramishah Maruf, CNN New York (CNN) — Beer maker Anheuser-Busch said Wednesday that it will lay off positions across its…
Continue ReadingBy Elisabeth Buchwald, CNN New York (CNN) — Roughly every six weeks Federal Reserve Chair Jerome Powell delivers a report card that rates the…
Continue ReadingBy Catherine Thorbecke, CNN (CNN) — Meta’s “year of efficiency” seems to be paying off. The Facebook-parent company on Wednesday reported…
Continue ReadingBy Chris Isidore, CNN New York (CNN) — UPS and the Teamsters reached a tentative deal on a new labor contract Tuesday, potentially averting…
Continue ReadingBy Jeanne Sahadi, CNN New York (CNN) — Eleven times in 17 months. That’s how fast the Federal Reserve has hiked its overnight bank lending…
Continue ReadingBy Matt Egan, CNN Business New York (CNN Business) — Larry Summers, the former Obama and Clinton official, slammed parts of President Joe…
Continue ReadingBy Matt Egan, CNN New York (CNN Business) — Prices at the gas pump are suddenly surging, causing headaches for consumers and central bankers…
Continue ReadingCNN By Matt Egan, CNN New York (CNN Business) — Prices at the gas pump are suddenly surging, causing headaches for consumers and central…
Continue ReadingBy Peter Valdes-Dapena, CNN Business (CNN) — Seven major automakers are coming together to create a joint venture that will build out a large…
Continue ReadingBy Anna Bahney, CNN Washington, DC (CNN) — New home sales dropped in June from the month before, even as buyers continued to rely on new…
Continue ReadingBy Jordan Valinsky, CNN Business New York (CNN) — Gap has named a new CEO, from toy giant Mattel, nearly a year after its previous leader…
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