Sam Bankman-Fried pleads not guilty to new federal charges
By Kara Scannell, CNN Sam Bankman-Fried, the founder of failed cryptocurrency trading platform FTX, pleaded not guilty to five new federal charges of…
Continue ReadingMoney
Banking crisis won’t hurt America’s credit rating unless stress intensifies, Moody’s says
By Matt Egan, CNN The banking crisis that caused US officials to launch emergency interventions is unlikely to have significant direct costs for the…
Continue Reading
The new Lamborghini is totally different than any car it’s ever made
CNN By Peter Valdes-Dapena, CNN Business Soon, you’ll be able to plug in your Lamborghini. Closing out a half century of purely…
Continue ReadingWSJ editor tells staff she is ‘very concerned’ for safety of reporter arrested in Russia
By Oliver Darcy, CNN Wall Street Journal Editor-in-Chief Emma Tucker told staff in a memo Thursday that she was “very concerned” for the…
Continue ReadingPutin admits sanctions could hurt Russia’s economy
By Hanna Ziady, CNN President Vladimir Putin has conceded that Western sanctions designed to starve the Kremlin of funds for its invasion of Ukraine…
Continue ReadingWhy skinny soda cans are everywhere
By Nathaniel Meyersohn, CNN Suddenly, your beverage is taller. Beverage brands rely on packaging shape and design to draw in consumers. Now…
Continue ReadingEx-Fox producer said she gave misleading testimony in Dominion case ‘to keep my job’
By Marshall Cohen and Kristina Sgueglia, CNN Abby Grossberg, the former Fox News producer who accused the right-wing network of pressuring her into…
Continue ReadingThe final estimate for GDP shows the US economy grew at 2.6% last quarter
By Alicia Wallace, CNN The US economy grew at a slower pace in the fourth quarter than initially estimated, as consumer spending continued to trail…
Continue ReadingThe final estimate for GDP shows the US economy grew at 2.6% last quarter
CNN By Alicia Wallace, CNN The US economy grew at a slower pace in the fourth quarter than initially estimated, as consumer spending continued to…
Continue ReadingThe average Wall Street bonus fell by 26% last year
By Jeanne Sahadi, CNN The average annual Wall Street bonus fell to $176,700 last year, a 26% drop from the previous year’s average of $240,400,…
Continue ReadingBanking chaos has been bittersweet for crypto and wine
By Nicole Goodkind, CNN Silicon Valley Bank’s collapse earlier this month dealt a major blow to the wine and crypto firms that entrusted their…
Continue ReadingWSJ editor tells staff she is ‘very concerned’ for safety of reporter arrested in Russia
CNN By Oliver Darcy, CNN Wall Street Journal Editor-in-Chief Emma Tucker told staff in a memo Thursday that she was “very concerned” for…
Continue ReadingWall Street Journal reporter arrested in Russia on suspicion of ‘espionage’
By Sarah Dean and Anna Chernova, CNN Wall Street Journal reporter Evan Gershkovich has been arrested in Russia on suspicion of espionage, the first…
Continue ReadingChina ‘confident and capable’ of hitting 2023 growth targets, new premier says at gathering of business leaders
By Laura He, CNN China’s newly minted Premier Li Qiang painted a bullish picture of his country’s economic recovery at a key business…
Continue ReadingChina Renaissance suspends trading, delays results after founder’s disappearance
CNN 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…
Continue Reading‘Companies are holding out’: Global IPO market slump endures
By Michelle Toh, CNN A slowdown in global initial public offerings continued in the first quarter of 2023 and is likely to endure in the coming…
Continue ReadingStarbucks fires Buffalo union worker who ‘ignited a movement’ to organize
CNN By Ramishah Maruf, CNN Starbucks has fired a Buffalo, New York, worker who “ignited a movement” from one of the first stores in the…
Continue ReadingFox News CEO said correspondent’s fact-check of Trump’s election lies was ‘bad for business,’ new emails show
By Oliver Darcy and Marshall Cohen, CNN Fox News CEO Suzanne Scott sounded the alarm inside the company about the financial fallout that the…
Continue Reading The new Lamborghini is totally different than any car it’s ever made
By Peter Valdes-Dapena, CNN Business Soon, you’ll be able to plug in your Lamborghini. Closing out a half century of purely gasoline-powered…
Continue ReadingThe Future of Macy’s: New CEO is a veteran of Bloomingdale’s
By Nathaniel Meyersohn, CNN One of the highest profile jobs in retail will change hands next year. Macy’s CEO Jeff Gennette will retire in…
Continue Reading