Norfolk Southern CEO defends railroad’s response to Ohio derailment
By Artemis Moshtaghian, Linh Tran, Yon Pomrenze and Chris Isidore, CNN Norfolk Southern CEO Alan Shaw defended his company’s actions since the…
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Bankman-Fried lawyers say they will pay for technical expert to aid judge on bail terms
by Kara Scannell, CNN Lawyers for Sam Bankman-Fried agreed to pay for a security expert to help the federal judge overseeing his fraud case navigate…
Continue ReadingStarbucks’ new drinks have a spoonful of olive oil in every cup
By Danielle Wiener-Bronner, CNN Business Starbucks wants you to give olive oil coffee a shot. Really. The coffee chain is rolling out a new line of…
Continue ReadingHome sales sank in January for the 12th straight month
By Anna Bahney, CNN US home sales declined in January for the 12th consecutive month as mortgage rates remained elevated and stubbornly high prices…
Continue ReadingMormon Church to pay fine to settle charges it hid an approximately $32 billion investment fund
By Nathaniel Meyersohn, CNN The Church of Jesus Christ of Latter-day Saints and its investment manager will pay a $5 million fine to settle…
Continue ReadingDow drops by nearly 700 points as retail earnings disappoint
By Nicole Goodkind, CNN US stocks plunged on Tuesday after fourth-quarter earnings and forecasts from mega-retailers like Walmart and Home Depot…
Continue ReadingStarbucks displayed ‘egregious and widespread misconduct’ in union fight, judge says
CNN, CNN BUSINESS By Danielle Wiener-Bronner, CNN Starbucks has displayed “egregious and widespread misconduct” in its dealings with…
Continue ReadingStarbucks CEO says things have gone sour for young people
By Danielle Wiener-Bronner Fifteen years ago, Howard Schultz reprised his role as Starbucks CEO, returning to the helm to help put the struggling…
Continue ReadingWalmart warns it’s in for a tough year
By Nathaniel Meyersohn, CNN Walmart had a strong holiday shopping season, but the year ahead will be more challenging for America’s largest…
Continue ReadingCredit Suisse shares plunge again on report of regulatory probe
By Olesya Dmitracova, CNN Shares of embattled Swiss bank Credit Suisse fell to a record low Tuesday after a report that regulators are reviewing…
Continue ReadingHow oil and gas companies think about their shareholders
By Nicole Goodkind, CNN Oil and gas companies have seen skyrocketing growth as the energy crisis triggered by Russia’s war in Ukraine has…
Continue ReadingHome Depot to spend $1 billion more on hourly workers
By Chris Isidore, CNN Home Depot said it will increase pay and benefits for front line hourly staff by $1 billion this year, another sign of a…
Continue ReadingStandard Chartered plans hiring spree in Hong Kong as city reopens to China
By Michelle Toh, CNN Standard Chartered is going on a hiring spree in Hong Kong this year, in a sign of renewed confidence in its biggest market as…
Continue ReadingDon Lemon to return to CNN, will undergo formal training following sexist comments, network boss says
By Oliver Darcy, CNN CNN anchor Don Lemon will return to the network’s air on Wednesday and will participate in formal training following…
Continue ReadingMen did a lot more childcare while trialing a four-day work week
By Anna Cooban, CNN Men participating in the world’s biggest trial of a four-day work week spent much more time with their children, organizers…
Continue ReadingJames O’Keefe ousted from right-wing activist group Project Veritas
By Jon Passantino, CNN James O’Keefe, the founder and chairman of Project Veritas — the right-wing activist group known for its selectively…
Continue ReadingBlack couples pay a higher tax penalty for marriage than White couples. Here’s why
By Jeanne Sahadi, CNN When filling out your federal income tax return, there is no requirement to identify your race. Moreover, the US tax code does…
Continue ReadingLondon is handing out free meals for all elementary school children
By Hanna Ziady, CNN London’s mayor has announced an emergency program to provide free meals for all children attending state primary schools in…
Continue ReadingElon Musk is currently working for Tesla for free. That could change
By Chris Isidore, CNN For the moment at least, Elon Musk is working at Tesla for free. Depending on how you look at it. Musk still has the potential…
Continue ReadingChina’s capital offers $6 monthly handout to offset inflation. The public says it’s not nearly enough
By Laura He, CNN Beijing will give out a $6 monthly cash subsidy to low-income residents to cushion the impact of rising food prices, a move that has…
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