Disney employees are staging walkouts over company’s response to the ‘Don’t Say Gay’ bill
By Frank Pallotta, CNN Business Last week, Disney and its CEO Bob Chapek bungled their response to Florida’s controversial bill dubbed…
Continue ReadingMoney
Covid. War. Inflation. Recession fears. The stock market can’t keep up
By Paul R. La Monica, CNN Business It’s been a year full of worries for investors, from geopolitical conflict to inflation to the pandemic, and…
Continue ReadingThe journalist who protested on Russian state TV says it was ‘impossible to stay silent’
By Charles Riley, CNN Business The Russian state television journalist who took a dramatic stand against President Vladimir Putin’s war in…
Continue ReadingKohl’s could soon have a new owner. The stock is rocketing higher
By Nathaniel Meyersohn, CNN Business Could the biggest department store marriage in years be in the works? Hudson’s Bay Co., the Canadian…
Continue ReadingWalmart is hiring 50,000 more workers before May
By Jordan Valinsky, CNN Business Walmart is planning to hire more than 50,000 workers in the United States this spring. America’s largest…
Continue ReadingTwo years later, remote work has changed millions of careers
CNN, GETTY IMAGES, KMAX, KOVR, POOL By Kathryn Vasel The pandemic thrust the working world into a new reality in March 2020 as offices closed and…
Continue ReadingRate hikes are here: What does that mean for you?
By Matt Egan, CNN Business The Covid era of free money has come to an end. After dropping interest rates to zero in March 2020 to revive the economy,…
Continue ReadingEvergreen container ship runs aground in Chesapeake Bay nearly a year after Suez Canal blockage
By Rebekah Riess, CNN Business The U.S. Coast Guard is working on a plan to safely refloat a 1,095-foot container ship operated by Evergreen Marine…
Continue ReadingFox correspondent Benjamin Hall has left Ukraine after suffering injuries from deadly attack
By Brian Stelter and Oliver Darcy, CNN Business Fox News correspondent Benjamin Hall, who was severely injured while reporting outside Kyiv on…
Continue ReadingRussia could lose 30% of its oil output within weeks, IEA warns
By Charles Riley, CNN Business Russia could soon be forced to curtail crude oil production by 30%, subjecting the global economy to the biggest…
Continue ReadingBiden demands faster drop in gas prices as oil tumbles
By Matt Egan, CNN Business President Joe Biden is using his bully pulpit to call out the tendency for gasoline prices to go up like a rocket when oil…
Continue ReadingFox correspondent Benjamin Hall has left Ukraine after suffering injuries from deadly attack
CNN, CNN BUSINESS By Brian Stelter and Oliver Darcy, CNN Business Fox News correspondent Benjamin Hall, who was severely injured while reporting…
Continue ReadingWall Street eyes Fed interest rate hike
By Anneken Tappe, CNN Business The Federal Reserve will likely hike interest rates on Wednesday, marking the end of the ultra-low rate environment…
Continue ReadingRussia says it made a payment to avoid default
CNN, CNNBUSINESS By David Goldman, CNN Business Russia says it has ordered the $117 million in interest payments it owes Wednesday to be sent to…
Continue Reading4 things Russia could do as default looms
By Julia Horowitz, CNN Business Harsh sanctions against Russia following its invasion of Ukraine are fueling a moment of deep uncertainty for…
Continue ReadingHoward Schultz returns to Starbucks as interim CEO
By Danielle Wiener-Bronner, CNN Business Starbucks CEO Kevin Johnson will step down on April 4 after five years at the helm of the company, Starbucks…
Continue ReadingChinese stocks have best day in years as Beijing promises to boost economy
By Laura He, CNN Business Chinese stocks had their best day in years Wednesday as Beijing promised measures to “substantially” boost…
Continue ReadingUS to detain goods from Chinese sportswear giant Li-Ning over North Korean labor concerns
By Michelle Toh, CNN Business Li-Ning goods will be detained by US authorities after US Customs and Border Protection said an investigation indicated…
Continue ReadingAirfares are going up. Blame full planes, not fuel prices
By Chris Isidore, CNN Business Jet fuel prices are soaring along with other fuel costs. So are airfares. Blame the return of passenger demand —…
Continue ReadingSarah Bloom Raskin withdraws herself from consideration to the Federal Reserve Board
By Phil Mattingly and Kaitlan Collins, CNN Sarah Bloom Raskin has withdrawn from consideration to be a nominee for the Federal Reserve Board of…
Continue Reading