Indian couple sue only son for not giving them grandchildren
By Esha Mitra and Jessie Yeung, CNN A couple in India are suing their son and daughter-in-law — for not giving them grandchildren after six…
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No cars were sold in Shanghai in April as zero-Covid policy hammers activity
By Laura He, CNN Business Shanghai posted zero car sales last month as China pressed ahead with its stringent pandemic control measures. The biggest…
Continue ReadingCalifornia court strikes down another law seeking to diversify corporate boards
By Jeanne Sahadi, CNN Business California’s efforts to mandate board diversity have been dealt another blow. Late last week, a California judge…
Continue ReadingBoeing needs to get its ‘s*** together,’ Ryanair CEO says
CNN, CNN BUSINESS By Chris Isidore, CNN Business The CEO of Ryanair let loose a scathing, obscenity-laden attack on Boeing management Monday, saying…
Continue ReadingOpinion: 44 million people now face extreme hunger. The US must do more to help
Opinion by Abby Maxman for CNN Business Perspectives Forces like climate change, Covid-19 and geopolitical conflict were already spurring a global…
Continue ReadingThe Fed’s slow response to inflation was a mistake, says ex-chair Ben Bernanke
By Nicole Goodkind, CNN Business The first rule of running the Federal Reserve is: You do not criticize the Federal Reserve. An unspoken edict…
Continue ReadingWalmart has a new way to turn college grads into store managers
By Nathaniel Meyersohn, CNN Business Walmart is creating a new program to fast-track recent college graduates into store manager positions —…
Continue ReadingStocks could fall a lot further
By Paul R. La Monica, CNN Business Stocks have been tumbling all year. The Nasdaq, down nearly 25% in 2022, is in a bear market. The S&P 500 is…
Continue ReadingThe Dow is on its longest weekly losing streak since 1923
CNN, CNNBUSINESS By Matt Egan, CNN Business The stock market selloff hit pause Friday, but the Dow Jones Industrial Average couldn’t avoid its…
Continue Reading$5 gas could become widespread as prices hit another record
By Matt Egan, CNN Business Prices at the pump continue to shatter records ahead of Memorial Day weekend. The national average for regular gas hit a…
Continue ReadingHow early traumas can affect your relationship with money
By Jeanne Sahadi, CNN Business Divorce. Job loss. Business failure. Eviction. Bankruptcy. Poverty. Few people get through life without experiencing a…
Continue ReadingScared investors haven’t hoarded this much cash since 9/11
CNN By Julia Horowitz, CNN Business The mood hanging over financial markets is anxious and gloomy, whether you’re a professional investor or a…
Continue ReadingThe Fed has a new plan to avoid recession: Party like it’s 1994
By Nicole Goodkind, CNN Business Wide leg jeans, butterfly clips and half-point rate increases: The 1990s are back. Earlier this month Federal…
Continue ReadingThe pandemic-era rally is now a distant memory for some stocks
By Julia Horowitz, CNN Business US banks had a stellar run in late 2020 and 2021. Stocks in the sector soared roughly 80%, powered by the strong…
Continue ReadingGoldman Sachs gives top bankers unlimited vacation days
By Allison Morrow, CNN Business Goldman Sachs, fighting a war for talent amid scrutiny of the bank’s notoriously grueling work culture, is…
Continue ReadingJetBlue launches hostile takeover for Spirit
By Allison Morrow and Chris Isidore, CNN Business JetBlue is going hostile in its effort to acquire Spirit, the latest twist in an industry battle…
Continue ReadingTop dealmaker says Chinese markets are ‘close to the bottom’
By Michelle Toh, CNN Business One of China’s top investment bankers says the country’s stock markets appear to be nearing “the…
Continue ReadingRenault sells Soviet-era icon Lada as it exits Russia, for now
By Mark Thompson, CNN Business Renault is selling its business in Russia, including a controlling stake in Lada, becoming the latest carmaker to exit…
Continue ReadingRenault sells Soviet-era icon Lada as it exits Russia, for now
CNN, UKRAINE ARMED FORCES SOUTHERN OPERATIONAL COMMAND, AZOV REGIMENT, RUSSIA 24, RADIO FREE EUROPE, RADIO LIBERTY, TELEGRAM By Mark Thompson, CNN…
Continue ReadingCovid has hit China’s economy harder than expected
By Laura He, CNN Business China has reported disappointing economic data for the month of April, underscoring the extensive damage Covid lockdowns…
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