Chris Licht introduces himself to CNN as its next CEO
CNN By Brian Stelter, CNN Business Discovery on Monday confirmed that Chris Licht will become the new head of CNN when Discovery and WarnerMedia…
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Chris Licht introduces himself to CNN as its next CEO
By Brian Stelter, CNN Business Discovery on Monday confirmed that Chris Licht will become the new head of CNN when Discovery and WarnerMedia merge…
Continue ReadingTarget boosts its starting pay for some jobs to $24 an hour
By Parija Kavilanz, CNN Business Target announced Monday that it is raising its starting wage for workers in some positions to up to $24. The…
Continue ReadingEstée Lauder fires a senior executive for offensive Instagram post
By Jordan Valinsky, CNN Business Estée Lauder has fired John Demsey, a senior executive at the makeup company, for an offensive Instagram post on…
Continue ReadingRussia tries to stop Western companies fleeing the country
CNN, CNNBUSINESS By Mark Thompson and Vasco Cotovio, CNN Business Russian President Vladimir Putin is trying to stem the flow of Western businesses…
Continue ReadingInflation will be worse than feared this year, Goldman Sachs predicts
By Matt Egan, CNN Business Red-hot inflation in the United States may not cool off this year as much as many hoped, Goldman Sachs cautioned in a new…
Continue ReadingThe war in Ukraine has made Russian assets toxic
By Julia Horowitz, CNN Business In less than a week, Russian assets have become practically untouchable for Western investors, who see no reason to…
Continue ReadingTwo Russian oligarchs call for an end to Putin’s war
By Charles Riley, CNN Business Russian billionaires Mikhail Fridman and Oleg Deripaska have broken ranks with the Kremlin and called for an end to…
Continue ReadingWhat is SWIFT and how is it being used against Russia?
By Charles Riley, CNN Business The West has pledged to remove some Russian banks from SWIFT, a messaging service that connects financial institutions…
Continue ReadingWhat is SWIFT and how is it being used against Russia?
CNN By Charles Riley, CNN Business The West has pledged to remove some Russian banks from SWIFT, a messaging service that connects financial…
Continue ReadingRussia faces financial meltdown as sanctions slam its economy
By Mark Thompson, Anna Chernova and Vasco Cotovio, CNN Business Russia was scrambling to prevent financial meltdown Monday as its economy was slammed…
Continue ReadingStates want to boycott Russian vodka. Here’s why that won’t work
By Jordan Valinsky, CNN Business Russian-made alcohol is the latest target in the growing backlash against the country’s invasion of Ukraine.…
Continue ReadingStocks fall and oil surges as West pours on Russian sanctions
By David Goldman and Laura He, CNN Business Stock markets fell and oil prices surged Monday as investors grew increasingly concerned about the…
Continue ReadingStates want to boycott Russian vodka. Here’s why that won’t work
CNN By Jordan Valinsky, CNN Business Russian-made alcohol is the latest target in the growing backlash against the country’s invasion of…
Continue ReadingBP will dump its 20% stake in Russian oil giant Rosneft
By Ramishah Maruf, CNN Business BP is cutting ties with Rosneft in response to Russia’s invasion of Ukraine. The British company said in a…
Continue ReadingBitConnect founder charged with orchestrating $2 billion Ponzi scheme
By Ramishah Maruf, CNN A federal grand jury in San Diego indicted the founder of BitConnect for allegedly orchestrating a $2.4 billion global Ponzi…
Continue ReadingSpaceX Starlink user terminals arrive in Ukraine, officials says
By Emma Tucker, Melissa Alonso and Jackie Wattles, CNN A shipment of Starlink user terminals — small antennas that allow customers to access…
Continue ReadingPickleball, virtual golf, skydiving, craft beer: How malls are luring shoppers
By Parija Kavilanz, CNN Business As Covid restrictions ease, expect to see more malls morph into family entertainment destinations where shopping may…
Continue ReadingThe invasion of Ukraine changed everything for Wall Street
By Julia Horowitz, CNN Business Russian President Vladimir Putin’s decision to invade Ukraine last week shattered the security order in Europe…
Continue ReadingWhich Batman actor has made the most at the ticket booth?
By Frank Pallotta, CNN Business Robert Pattinson will be the latest actor to don the cape and cowl on the big screen in “The Batman,”…
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