Amazon is the anti-Facebook
CNN By Julia Horowitz, CNN Business Amazon and Facebook’s Meta are two of the market’s biggest players. Both have come under pressure…
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Ford earnings hurt by chip shortage
by Chris Isidore, CNN Business Ford reported an unexpected drop in its fourth quarter earnings, rather than the improved results expected by Wall…
Continue ReadingFormer Tesla worker sues company alleging abuse ‘reminiscent of the Jim Crow Era’
By Matt McFarland, CNN Business Kaylen Barker, a Black woman who worked at a Tesla manufacturing plant, filed a lawsuit this week in California…
Continue ReadingUS oil prices hit $90 a barrel for the first time since 2014
By Matt Egan, CNN Business US oil prices jumped above $90 a barrel on Thursday for the first time in more than seven years. The latest rally comes…
Continue ReadingEquity-rich homeowners are ‘sitting pretty’ amid sky high real estate prices
By Anna Bahney, CNN Business Sky high real estate prices have made a growing number of homeowners “equity rich,” according to a report on…
Continue ReadingThe big reason the US and UK are facing such a massive labor shortage
Opinion by Carlo Pizzinelli and Ippei Shibata for CNN Business Perspectives Almost two years after the pandemic upended labor markets, job openings…
Continue ReadingDemocrats call for Biden officials to limit US natural gas exports because of rising home heating costs
By Matt Egan, CNN Business Nearly a dozen US Senators are calling for the Biden administration to curb overseas shipments of natural gas as Americans…
Continue ReadingHere’s who has left Spotify because of Joe Rogan
By Frank Pallotta, CNN Business Spotify has had a rough couple of weeks. Its stock took a big hit Wednesday because of a slowing growth forecast, and…
Continue ReadingTesla owners complain about ‘phantom braking.’ Federal safety regulator considers a probe
By Chris Isidore and Matt McFarland, CNN Business Federal safety regulators are mulling a probe after Tesla owners complained that their cars were…
Continue ReadingMeta plummets, dragging stocks lower
By Anneken Tappe, CNN Business Meta ruined things for the stock market on Thursday. Wall Street was deep in the red as the tech company formerly…
Continue ReadingEverything Hershey makes is going to get more expensive
By Danielle Wiener-Bronner, CNN Business Stress eating is about to get more expensive: Hershey is raising prices this year. “Pricing will be an…
Continue ReadingWhat it takes to make money flipping homes in a crazy real estate market
By Anna Bahney, CNN Business More people are flipping homes, but they are making less of a profit. Investors looking to get a piece of skyrocketing…
Continue ReadingWill a new tax dent business-friendly Dubai?
By Celine Alkhaldi and Eoin McSweeney, CNN Almost 90% of Dubai’s population is made up of foreigners who flocked to the Gulf business hub for…
Continue ReadingTesla owners are more Republican than you’d think
By Chris Isidore, CNN Business Elon Musk has trained his Twitter guns on top Democrats such as Bernie Sanders and Elizabeth Warren. Now he’s…
Continue ReadingAmerica’s economic recovery is about to go into reverse
CNN By Anneken Tappe, CNN Business The Omicron variant put a massive speed bump in the road to America’s recovery this winter. The first signs…
Continue ReadingWhere are the users? Why Facebook’s stock is imploding
By Julia Horowitz, CNN Business Competition from TikTok. A stagnant user base in key markets. A pricey bid to invest in virtual reality that could…
Continue ReadingThousands more flights are canceled as a massive winter storm tears across the US
CNN By Jordan Valinsky, CNN Business US airlines canceled thousands more flights Thursday as a powerful winter storm packing ice, rain, sleet and…
Continue ReadingEnergy bills are rising by 54% for millions of UK households
By Charles Riley, CNN Business Life is about to get much more expensive for tens of millions of Brits. A cap on how much UK consumers can be charged…
Continue ReadingThousands more flights are canceled as a massive winter storm tears across the US
By Jordan Valinsky, CNN Business US airlines canceled thousands more flights Thursday as a powerful winter storm packing ice, rain, sleet and several…
Continue ReadingAmerica’s economic recovery is about to go into reverse
By Anneken Tappe, CNN Business The Omicron variant put a massive speed bump in the road to America’s recovery this winter. The first signs of…
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