Disney exec made 6 figures a day for the 3 months he worked there
By Chris Isidore, CNN Few top executives have ever failed in a job so quickly — or so lucratively — as Geoff Morrell. He became Disney’s…
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Argentina and Brazil are discussing a common currency. Don’t hold your breath
By Julia Horowitz and Mia Alberti, CNN The two biggest economies in South America are starting talks to create a common currency. Analysts are…
Continue ReadingThe Washington Post is not for sale, owner Jeff Bezos and the newspaper say
By Chloe Melas, CNN The Washington Post is not for sale, spokespeople for the newspaper and its owner Jeff Bezos told CNN on Monday. They denied a…
Continue ReadingHow M&M’s is making the most of its spokescandies controversy
CNN, CNN BUSINESS By Danielle Wiener-Bronner, CNN Over the past year, M&M’s has been the subject of Fox News tirades and criticism from a…
Continue ReadingMaya Rudolph is the new face of M&M’S. Polarizing spokescandies are taking a ‘pause’
By Danielle Wiener-Bronner, CNN After causing outrage by making over the Green M&M and launching a special bag featuring its new Purple…
Continue Reading‘420 price was not a joke.’ Elon Musk testifies again in trial over controversial tweet
By Matt McFarland, CNN Business Tesla CEO Elon Musk took the witness stand for a second day on Monday and attempted to explain the thought process…
Continue ReadingMore layoffs are on the way, survey of business economists finds
By Matt Egan, CNN For the first time since the early days of the pandemic, most business economists expect their companies to cut payrolls in the…
Continue ReadingHere’s what will happen to the economy as the debt ceiling drama deepens
By Alicia Wallace, CNN After the United States hit its debt ceiling on Thursday, the Treasury Department is now undertaking “extraordinary…
Continue ReadingEconomic barometer warns that a US recession could come soon
By Alicia Wallace, CNN A key barometer for the health of the economy continues to flash a recession warning sign, indicating a downturn is in store…
Continue ReadingSalesforce under siege from top activist hedge fund
By Paul R. La Monica, CNN Software giant Salesforce, one of the 30 stocks in the venerable Dow Jones Industrial Average, had a miserable 2022. Now…
Continue ReadingESG beat Wall Street in one important way last year
By Nicole Goodkind, CNN ESG funds — investments that evaluate companies using environmental, social and governance factors — just survived a…
Continue ReadingGreatest trade ever? Citadel’s $16 billion haul smashes hedge fund records
By Anna Cooban, CNN Citadel is now the most successful hedge fund ever after it made $16 billion last year — the biggest annual windfall on record.…
Continue ReadingExclusive: Natural Light is tapping into nostalgia with its new can design
By Jordan Valinsky, CNN Natural Light’s new cans will soon look a lot like their old ones. Drinkers will soon notice a retro-inspired makeover…
Continue ReadingThis ‘Cryptoqueen’ scammed investors out of $4 billion, the FBI says. Then she boarded a plane and disappeared
By Faith Karimi, CNN Ruja Ignatova strode onto the stage in a flowing burgundy ball gown adorned with black sparkles. Beams of light flashed,…
Continue ReadingNearly 220 million people in Pakistan without power after countrywide outage
By Sophia Saifi, Azaz Syed and Rhea Mogul, CNN A nationwide power outage in Pakistan left nearly 220 million people without electricity on Monday,…
Continue ReadingHere’s what will happen to the economy as the debt ceiling drama deepens
CNN By Alicia Wallace, CNN After the United States hit its debt ceiling on Thursday, the Treasury Department is now undertaking “extraordinary…
Continue ReadingDid the economy end 2022 with a bang or a whimper?
By Paul R. La Monica, CNN Recession alarm bells are sounding. But are they premature? Yes, retail sales tumbled in December as inflation took its…
Continue ReadingYour tax refund may be smaller this year. Here’s why
By Jeanne Sahadi, CNN Official tax-filing season kicks off Monday, January 23, and it may hold some surprises for your wallet. So, whether you expect…
Continue ReadingThis ‘Cryptoqueen’ scammed investors out of $4 billion, the FBI says. Then she boarded a plane and disappeared
CNN By Faith Karimi, CNN Ruja Ignatova strode onto the stage in a flowing burgundy ball gown adorned with black sparkles. Beams of light flashed,…
Continue ReadingHere are some of the companies that have laid off employees this year — so far
By Ramishah Maruf, CNN Just this week, Alphabet, Google’s parent company, Microsoft and Vox Media announced layoffs that will affect more than…
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