JPMorgan’s Jamie Dimon warns banking crisis will be felt for ‘years to come’
By Nicole Goodkind, CNN The banking crisis triggered by the recent collapses of Silicon Valley Bank and Signature Bank is not over yet and will…
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Richard Branson’s Virgin Orbit files for bankruptcy
By Anna Cooban, CNN Virgin Orbit, the rocket company founded by British billionaire Richard Branson, has filed for bankruptcy in the United States.…
Continue ReadingL’Oréal buys Aesop in $2.5 billion deal, its biggest acquisition ever
By Michelle Toh, CNN L’Oréal is buying Australian brand Aesop in a deal that values it at $2.5 billion, in the biggest brand acquisition ever…
Continue Reading‘I am truly sorry.’ Credit Suisse chair re-elected after apology at final shareholder meeting
By Hanna Ziady, CNN Credit Suisse Chairman Axel Lehmann apologized to angry shareholders Tuesday after the ailing Swiss lender required an emergency…
Continue ReadingAustralia bans TikTok on federal government devices
By Chris Lau, CNN Australia has joined other Western countries in banning the use of TikTok on government devices as the Chinese-owned video app…
Continue ReadingTesla ordered to pay more than $3 million to former worker in racism suit
By Ramishah Maruf and Chris Isidore, CNN A jury ordered Tesla to pay over $3 million Monday in a racial discrimination case brought by a former…
Continue ReadingDogecoin jumps after Elon Musk replaces Twitter bird with Shiba Inu
By Allison Morrow, CNN Twitter’s traditional bird icon was booted and replaced with an image of a Shiba Inu, an apparent nod to dogecoin, the…
Continue ReadingTaxes and adulting: What to know about filing taxes on your own for the first time
By Jeanne Sahadi, CNN For most people in their early- to mid-20s, filing taxes is right up there with having to pay rent and realizing you…
Continue ReadingBob Iger calls Florida actions against Disney World ‘anti-business’
CNN, WSVN, WESH, WFTV, WFTS, WJXT, WKMG By Chris Isidore and Steve Contorno, CNN Disney CEO Bob Iger fought back against Florida Governor Ron…
Continue ReadingBob Iger calls Florida actions against Disney World ‘anti-business’
By Chris Isidore and Steve Contorno, CNN Disney CEO Bob Iger fought back against Florida Governor Ron DeSantis‘ actions against his company,…
Continue ReadingWhat OPEC’s surprise oil cut means for gas prices
By Chris Isidore, CNN OPEC and its allies’ surprise move to slash oil production will soon be felt at US gas pumps. The group known as OPEC+…
Continue ReadingMorning after pill brand speeds up retail access, doubles supply per pack
By Parija Kavilanz, CNN One maker said it is responding to high demand for the morning-after pill, after the US Supreme Court last year ended a…
Continue ReadingEY banned from auditing public interest companies in Germany over Wirecard
By Olesya Dmitracova, CNN Big-4 accounting firm EY has been banned from auditing companies of public interest in Germany for two years over its…
Continue ReadingWall Street Journal: McDonald’s closes offices and tells employees to work from home ahead of layoffs
By Danielle Wiener-Bronner, CNN McDonald’s instructed corporate employees to work from home this week in anticipation of layoffs, according to…
Continue ReadingHSBC’s top execs face tense shareholders calling for a breakup
By Michelle Toh, CNN HSBC’s top brass defended their strategy Monday to frustrated shareholders in the lender’s largest market, as…
Continue ReadingChina Renaissance suspends trading, delays results after founder’s disappearance
By Laura He, CNN China Renaissance, a top dealmaker in the country’s tech industry, said it would suspend trading of its shares and delay the…
Continue ReadingCEOs are tired of being held responsible for gun regulation
WSMV, FAMILY PHOTOS, NASHVILLE POLICE, CNN By Nicole Goodkind, CNN Americans have grown used to corporate executives treading the well-worn paths of…
Continue ReadingCEOs are tired of being held responsible for gun regulation
By Nicole Goodkind, CNN Americans have grown used to corporate executives treading the well-worn paths of the Northeast corridor to convene alongside…
Continue ReadingWWE is combining with UFC to form a new company
By Jordan Valinsky, CNN World Wrestling Entertainment is merging with Endeavor Group, the parent company of competitor UFC, to form a new publicly…
Continue ReadingOil prices surge after OPEC+ producers announce surprise cuts
By Michelle Toh, Mohammed Tawfeeq and Anna Cooban, CNN Oil prices spiked Monday after OPEC+ producers unexpectedly announced that they would cut…
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