UPS flashes a warning sign about the US economy
CNN By Chris Isidore, CNN UPS says the US economy is slowing down. America’s largest trucking company said Tuesday that revenue fell 6% in the…
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US home prices rose slightly in February, snapping seven months of declines
By Anna Bahney, CNN US home prices rose slightly in February, snapping a seven-month streak of month-over-month declines, according to the latest…
Continue ReadingMattel introduces first Barbie doll representing a person with Down syndrome
By Parija Kavilanz, CNN Mattel on Tuesday introduced its first-ever version of the Barbie doll representing a person with Down syndrome. The new doll…
Continue ReadingThe banking crisis may have set the stage for an IPO comeback
By Nicole Goodkind, CNN Warnings of recession are widespread, inflation is still elevated and so are interest rates. Russia continues to wage war in…
Continue ReadingCentral banks end crisis-fighting measure as bank tumult recedes
By Julia Horowitz, CNN Last month, the collapse of Silicon Valley Bank, the second-largest bank failure in US history, unleashed broader panic and…
Continue Reading3M announces mass layoffs as manufacturing slows
By David Goldman, CNN 3M announced significant layoffs Tuesday as part of yet another major restructuring plan as the manufacturing sector prepares…
Continue ReadingUBS is still cleaning up from the last crisis. Now it must tackle Credit Suisse
By Hanna Ziady, CNN UBS is still dealing with the fallout from the 2008 global financial crisis even as it prepares to take on the enormous challenge…
Continue ReadingGM earnings much better than expected as revenue climbs 11%
By Chris Isidore, CNN General Motors reported a much better-than-expected first quarter, and said it will do even better than it expected for…
Continue ReadingUPS flashes a warning sign about the US economy
By Chris Isidore, CNN UPS says the US economy is slowing down. America’s largest trucking company said Tuesday that revenue fell 6% in the…
Continue ReadingNetflix to invest $2.5 billion in South Korea as K-content continues to dominate
By Gawon Bae and Michelle Toh, CNN Netflix is doubling down on South Korea with plans to invest $2.5 billion over the next four years to produce more…
Continue ReadingWall Street Journal: Bud Light owner places two execs on leave after transgender influencer backlash
CNN By Krystal Hur, CNN Anheuser-Busch has placed two executives who managed Bud Light’s sponsorship of two Instagram posts from a transgender…
Continue ReadingNBCUniversal CEO Jeff Shell fired after allegations of sexual harassment were corroborated, Comcast says
By Elizabeth Stuart and Oliver Darcy, CNN Comcast said Monday it fired NBCUniversal CEO Jeff Shell after corroborating a female employee’s…
Continue ReadingHow coupons backfired on Bed Bath & Beyond
By Nathaniel Meyersohn, CNN For decades, blue and white paper coupons defined Bed Bath & Beyond’s brand, popping up everywhere from the…
Continue ReadingFirst Republic stocks drops nearly 50% after plunge in deposits
By Nicole Goodkind, CNN First Republic stock plunged by nearly 50% at the close of trading on Tuesday, hitting a new record low after the embattled…
Continue ReadingLayoffs loom in the US manufacturing sector as backlogs shrink
Bryan Mena, CNN US manufacturers have now mostly worked their way through their backlogged orders — and that means job cuts could be on the horizon…
Continue ReadingWall Street Journal: Bud Light owner places two execs on leave after transgender influencer backlash
By Krystal Hur, CNN Anheuser-Busch has placed two executives who managed Bud Light’s sponsorship of two Instagram posts from a transgender…
Continue ReadingTucker Carlson out at Fox News
CNN By Oliver Darcy and Marshall Cohen, CNN Fox News and Tucker Carlson, the right-wing extremist who used his prime time perch at the talk network…
Continue ReadingDon Lemon and CNN part ways
By David Goldman and Oliver Darcy, CNN CNN has parted ways with longtime host Don Lemon. The announcement Monday came without explanation and…
Continue ReadingTucker Carlson out at Fox News
By Oliver Darcy and Marshall Cohen, CNN Fox News and Tucker Carlson, the right-wing extremist who used his prime time perch at the talk network to…
Continue ReadingDisney begins largest wave of layoffs, targeting thousands at ESPN, Parks, and other divisions
By Jon Passantino Disney is laying off several thousand workers across the company this week in the second and largest wave of cuts as part of the…
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