Why the mask mandate on planes is good for business
CNN, CNNBUSINESS By Chris Isidore, CNN Business Southwest Airlines CEO Gary Kelly stirred up some controversy Wednesday when he suggested that…
Continue ReadingMoney
‘This is weird and murky.’ Trump SPAC deal values firm at more than $10 billion despite red flags
CNN, CNNBUSINESS By Matt Egan, CNN Business Former President Donald Trump’s new media venture has no known revenue or product. Trump Media…
Continue ReadingSouthwest CEO tests positive for Covid-19 after testifying unmasked at Senate hearing
CNN By Pete Muntean, CNN Business Southwest Airlines CEO Gary Kelly, who testified unmasked at a Senate hearing on Wednesday, has since tested…
Continue ReadingForbes writers questioned before Trump Organization grand jury
By Kara Scannell Two staffers with Forbes magazine testified before the grand jury investigating the Trump Organization on Thursday as investigators…
Continue Reading‘Spider-Man: No Way Home’ swings to third biggest opening in box office history
CNN By Frank Pallotta, CNN Business Theaters needed a hero, and Spider-Man swung in just in time. “Spider-Man: No Way Home” — the…
Continue ReadingThe market may be ignoring risk of Omicron shutdowns
By Paul R. La Monica, CNN Business Wall Street is getting nervous about what will happen to the economy next year. The big concern is whether…
Continue ReadingDow tumbles as volatility returns to Wall Street
By Anneken Tappe, CNN Business Volatility is back on Wall Street: Stocks fell as central banks around the world turn more hawkish and worries about…
Continue ReadingSpider-Man could be the biggest box office hero of the year
By Frank Pallotta, CNN Business “Everybody loves a hero.” The immortal words of Aunt May from 2004’s “Spider-Man 2”…
Continue ReadingDaily Mail and Mail Online publisher quits stock market after 90 years
By Walé Azeez, CNN Business A billionaire British aristocrat is taking the publisher of the Daily Mail and Mail Online private after agreeing to buy…
Continue ReadingLabor shortage just cost FedEx $470 million. But it thinks things will get better soon
By Chris Isidore, CNN Business The nation’s labor shortage just cost FedEx $470 million in its most recent quarter. But its executives believe…
Continue ReadingBiden’s Build Back Better bill under threat from surging prices, Goldman Sachs says
By Matt Egan, CNN Business Consumer prices are already rising at the fastest pace in nearly 40 years. Inflation may get worse before it gets better…
Continue ReadingInflation is bad enough. One country is making it even worse
By Charles Riley, CNN Business Unnerved by surging prices, the Bank of England on Thursday became the first major central bank to hike interest rates…
Continue ReadingKellogg says it has a deal with union that could end 10-week long strike
By Chris Isidore, CNN Business Kellogg says it has reached a second tentative agreement with the union representing 1,400 workers who have been on…
Continue ReadingLondon bars and restaurants are shutting themselves down as Omicron rips through UK
CNN, CNNBUSINESS By Julia Horowitz, CNN Business As the Omicron variant sweeps through the United Kingdom, pushing daily coronavirus infections to…
Continue ReadingChina Fortune Land gave $313 million to a wealth manager. Now the developer can’t find it
By Diksha Madhok, CNN Business A Chinese property developer that was once one of the country’s largest says it has lost contact with a wealth…
Continue ReadingLondon bars and restaurants are shutting themselves down as Omicron rips through UK
By Julia Horowitz, CNN Business As the Omicron variant sweeps through the United Kingdom, pushing daily coronavirus infections to their highest level…
Continue ReadingThe world could burn a record amount of coal next year despite efforts to scrap the dirtiest fossil fuel
By Reuters Rising consumption in China, India and the United States could bring global coal-fired power demand to a new all-time high this year,…
Continue ReadingFox’s worst week? Dominion ruling adds to drumbeat of bad news for the network
By Brian Stelter, CNN Business A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free…
Continue ReadingBill to clamp down on products from China’s Xinjiang passes Congress, will head to Biden
Story by Reuters The US Senate passed legislation on Thursday to ban imports from China’s Xinjiang region over concerns about forced labor,…
Continue ReadingDominion Voting wins key decision in lawsuit against Fox News
CNN By Katelyn Polantz, CNN Reporter, Crime and Justice A judge in Delaware has found that Fox News’ coverage of election fraud after the 2020…
Continue Reading