Jamie Dimon gets a $3 million raise
By Chris Isidore, CNN Business Jamie Dimon got a $3 million raise in 2021, JPMorgan Chase disclosed in a filing late Thursday. The raise boosts the…
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The pandemic boom is over. Just ask Peloton and Netflix
By Charles Riley, CNN Business When the coronavirus pandemic swept across the world in 2020, investors responded by pouring money into companies that…
Continue ReadingKohl’s, Peloton and Unilever have to watch their backs
CNN, CNNBUSINESS By Paul R. La Monica, CNN Business Forget about all the boardroom intrigue on “Succession” and “Billions.”…
Continue ReadingAs Big Tech stocks get slaughtered, Intel rises from the ashes
By Paul R. La Monica, CNN Business Intel was once the undisputed king of the semiconductor industry until the chip giant lost momentum to rivals…
Continue ReadingSerbia pulls plug on Rio Tinto’s $2.4 billion lithium project
By Reuters Shares in Rio Tinto tumbled on Friday after Serbia revoked its lithium exploration licenses over environmental concerns, hurting the…
Continue ReadingBitcoin tumbles as cryptocurrencies continue their downward slide
By Diksha Madhok, CNN Business Cryptocurrencies have had a dismal start to the year, and continue to plunge as major economies around the world look…
Continue ReadingEvergrande’s international creditors threaten legal action over ‘opaque’ restructuring process
By Laura He, CNN Business Evergrande’s international creditors are losing patience. A group of the company’s overseas bondholders are…
Continue ReadingMajor airlines say the 5G doomsday scenario is over
CNN, CNNBUSINESS By Chris Isidore, CNN Business Airline executives breathed a sigh of relief to their investors Thursday, saying they believe the…
Continue ReadingDriver monitoring gets spotlight amid safety questions
By Matt McFarland, CNN Business Two leaders in motor vehicle safety testing said Thursday that they will rate the driver monitoring systems that are…
Continue ReadingNetflix shares tank 20% on weak subscriber outlook
By Frank Pallotta, CNN Business Netflix‘s stock fell as much as 20% in after hours trading due to a bad outlook for its future growth. Netflix…
Continue ReadingFAA approves more airliners — including some smaller, regional jets — to fly near 5G towers
By Pete Muntean The Federal Aviation Administration has cleared more commercial airliners — notably more smaller, regional jets — to fly…
Continue ReadingFAA approves more airliners — including some smaller, regional jets — to fly near 5G towers
CNN, CNNBUSINESS By Pete Muntean The Federal Aviation Administration has cleared more commercial airliners — notably more smaller, regional…
Continue ReadingMajor airlines say the 5G doomsday scenario is over
By Chris Isidore, CNN Business Airline executives breathed a sigh of relief to their investors Thursday, saying they believe the threat to their…
Continue ReadingThis bill could help to end energy poverty in the US
Opinion by Mark Wolfe for CNN Business Perspectives Energy is an essential component of our day-to-day lives. We use it to cook our food, stay warm…
Continue ReadingAmericans are showing up sick to work even as Omicron spreads
By Nathaniel Meyersohn, CNN Business You may think that store and restaurant workers in America who catch Covid-19 are staying home to recover and…
Continue ReadingPeloton says it may consider cutting jobs and ‘resetting’ production
By Jordan Valinsky, CNN Business Peloton CEO John Foley acknowledged Thursday that the company is “considering all options” — including…
Continue ReadingMcDonald’s is bringing back this sweet treat after a 5-year hiatus
By Jordan Valinsky, CNN Business McDonald’s is selling a dessert that fans haven’t seen in about five years. Roughly 6,800 of its 14,000…
Continue ReadingJudge denies InfoWars host motion to dismiss
By Hannah Rabinowitz A federal judge on Thursday denied InfoWars host and right-wing conspiracy theorist Owen Shroyer’s attempt to dismiss the…
Continue ReadingStocks give up on rebound rally
By Anneken Tappe, CNN Business The rebound just wasn’t meant to be. After rallying for much of the day, Wall Street’s major indexes…
Continue ReadingThe world bought more champagne than ever last year
By Anna Cooban, CNN Business Champagne houses are celebrating after sales and exports set new records last year even as pandemic lockdowns forced…
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