GM investing $760 million in Toledo factory to make electric car drive units
By Peter Valdes-Dapena, CNN Business General Motors is investing $760 million in its Toledo Propulsion Systems factory, which builds transmissions…
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Opinion: IEA head: Electric cars are transforming the auto industry. That’s good news for the climate
Opinion by Fatih Birol for CNN Business Perspectives The global energy crisis sparked by Russia’s invasion of Ukraine is causing hardship…
Continue ReadingMarkets hate Liz Truss’ plan for the UK. Just look at these charts
By Julia Horowitz, CNN Business When the UK government, led by new Prime Minister Liz Truss, unveiled its plan to rescue the British economy on…
Continue ReadingBillionaire hedge fund manager argues for increasing immigration to fight inflation
By Allison Morrow, CNN Business Bill Ackman, the billionaire hedge fund manager and activist investor, has an alternative idea to fight inflation:…
Continue ReadingGoldman Sachs warns of more trouble for US stocks
By Matt Egan, CNN Business Even Goldman Sachs is succumbing to the gloomy mood on Wall Street by abandoning its previously optimistic stance and…
Continue ReadingMcDonald’s must face $10 billion racial discrimination suit from media group
By Jordan Valinsky, CNN Business McDonald’s will have to defend itself against a $10 billion lawsuit from media mogul Byron Allen over an…
Continue ReadingMarc Benioff would buy Twitter if he could
CNN By Paul R. La Monica, CNN Business Marc Benioff is obsessed with Twitter. So much that he wishes he could own it. Benioff, Salesforce chairman…
Continue ReadingMarc Benioff would buy Twitter if he could
CNN, CNNBUSINESS By Paul R. La Monica, CNN Business Marc Benioff is obsessed with Twitter. So much that he wishes he could own it. Benioff,…
Continue ReadingMarc Benioff would buy Twitter if he could
By Paul R. La Monica, CNN Business Marc Benioff is obsessed with Twitter. So much that he wishes he could own it. Benioff, Salesforce chairman and…
Continue ReadingOil plunges below $80 to eight-month low as recession fears mount
By Matt Egan Recession fears are slamming the oil market, with crude tumbling on Friday below $80 a barrel for the first time since January. The good…
Continue ReadingWhere to watch Yankees slugger Aaron Judge chase the AL home run record
By Frank Pallotta, CNN Business Slugger Aaron Judge is chasing baseball history. So where can you watch it? The New York Yankees outfielder is on the…
Continue ReadingThe Fed’s fight against inflation could cost the US 1.2 million jobs
By Alicia Wallace, CNN Business In its efforts to bring down historic inflation and cool the economy, the Federal Reserve has used multiple…
Continue ReadingThe curious case of falling gold prices
By Julia Horowitz, CNN Business It should be the perfect time to own gold. The yellow metal has historically rallied when inflation is high, since…
Continue ReadingNFL has a new halftime show sponsor
By Jordan Valinsky, CNN Business Apple Music is replacing Pepsi as the new sponsor for the NFL’s Super Bowl halftime show. The multi-year…
Continue ReadingHow political candidates are targeting you on social media based on your music tastes, shopping habits and favorite TV shows
By Casey Tolan, CNN Marco Rubio hopes to sway voters interested in Chick-fil-A, Ram trucks, and Duck Dynasty. John Fetterman is searching for fans of…
Continue ReadingUK tax-cutting gamble sends the pound plunging to new 37-year low
By Anna Cooban, CNN Business A huge gamble by the UK government aimed at rescuing the economy from recession and boosting long-term growth sent the…
Continue ReadingUS bank CEOs say they could exit China if it ever attacks Taiwan
By Michelle Toh, CNN Business Leaders of America’s biggest banks say they would follow any US directive on pulling business from China if…
Continue ReadingAlex Jones admonished by judge as Sandy Hook defamation trial goes off the rails
CNN By Oliver Darcy, CNN Business Conspiracy theorist Alex Jones tangled Thursday in an explosive courtroom exchange with an attorney for families of…
Continue ReadingBoeing agrees to pay $200 million for misleading the public about the 737 Max
By David Goldman, CNN Business Boeing and its former CEO Dennis Muilenburg agreed to pay hefty fines to settle charges from the Securities and…
Continue ReadingFedEx hikes package rates for 2023
By Nathaniel Meyersohn and Chris Isidore, CNN Business FedEx will raise ground and express shipping rates by an average of 6.9% next year, the…
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