Netflix is winding down its DVD business after 25 years
By Allison Morrow, CNN Netflix is officially winding down the business that helped make it a household name. This fall, the streaming giant will…
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Jobs are strong, inflation is cooling — yet recession worries remain
By Christine Romans, CNN Chief Business Correspondent The post-pandemic US economy has tortured economists and defied expectations. It’s…
Continue ReadingAccessing credit has become harder, Fed’s Beige Book shows
CNN, CNN BUSINESS By Bryan Mena, CNN Businesses across the country said banks have tightened their lending standards since last month’s banking…
Continue ReadingLincoln’s new SUV will be imported from China
By Peter Valdes-Dapena, CNN Business Lincoln unveiled a redesigned version of its Nautilus SUV, which it says will have the largest display screen of…
Continue ReadingStaff who are worried about bonuses should ‘leave Pity City,’ boss says
By Allison Morrow, CNN One boss is learning the hard way how a pep talk can quickly go off the rails. Andi Owen, CEO of office furniture company…
Continue ReadingHSBC’s top shareholder calls for breakup, expressing ‘deep concern’
By Hanna Ziady, CNN HSBC’s biggest shareholder has called on the bank to create a separately listed Asian business headquartered in Hong Kong…
Continue ReadingGlobal corporate defaults highest since the pandemic in 2020
By Anna Cooban, CNN More companies around the world defaulted on their debts in the first three months of this year than in any quarter since late…
Continue ReadingToday is Tax Day. Here’s what you need to know if you haven’t filed your return yet — and even if you have
By Jeanne Sahadi, CNN It’s April 18, the official deadline to file your federal and state income tax returns for 2022. (It is also, apparently,…
Continue ReadingNew home starts pulled back in March
By Anna Bahney, CNN US home building pulled back in March, falling 0.8% in March from February as a decline in multifamily home construction failed…
Continue ReadingApple is giving banks a run for their money
CNN By Nicole Goodkind, CNN Apple and Goldman Sachs launched a new high-yield savings account on Monday that offers a 4.15% interest rate, more than…
Continue ReadingApple is giving banks a run for their money
By Nicole Goodkind, CNN Apple and Goldman Sachs launched a new high-yield savings account on Monday that offers a 4.15% interest rate, more than 10…
Continue ReadingDominion’s history-making defamation trial against Fox News over 2020 election lies kicks off in Delaware
CNN By Oliver Darcy and Marshall Cohen, CNN The high-stakes showdown between Dominion Voting Systems and Fox News finally commences in earnest…
Continue ReadingDominion’s history-making defamation trial against Fox News over 2020 election lies kicks off in Delaware
By Oliver Darcy and Marshall Cohen, CNN The high-stakes showdown between Dominion Voting Systems and Fox News finally commences in earnest Tuesday…
Continue ReadingChina’s economy shakes off Covid legacy to grow 4.5% in Q1
By Laura He, CNN China’s economy got off to a solid start in 2023, as consumers went on a spending spree after three years of strict pandemic…
Continue ReadingWriters strike looms after members vote to shut down film and TV production
By Chris Isidore and Vanessa Yurkevich, CNN Writers for television, movies and streaming shows have voted overwhelmingly to go on strike if no labor…
Continue ReadingApple offers 4.15% high-yield savings to its Apple Card holders
By Jeanne Sahadi, CNN Apple on Monday announced that it is now offering its Apple Card holders a 4.15% high-yield savings account with Goldman Sachs.…
Continue ReadingSpeaker McCarthy lays out GOP debt limit plan in Wall Street visit
By Nicole Goodkind, Nicky Robertson and Haley Talbot, CNN Speaker Kevin McCarthy on Monday previewed what he hopes House Republicans can pass in the…
Continue ReadingSpeaker McCarthy lays out GOP debt limit plan in Wall Street visit
CNN By Nicole Goodkind, Nicky Robertson and Haley Talbot, CNN Speaker Kevin McCarthy on Monday previewed what he hopes House Republicans can pass in…
Continue ReadingAir France and Airbus acquitted in trial over 2009 plane crash
By Saskya Vandoorne and Oliver Briscoe, CNN Air France and Airbus have been found not guilty of involuntary homicide in a criminal trial over the…
Continue ReadingOne in four brides wear David’s Bridal to their wedding. Now, it’s filing for bankruptcy
By Nathaniel Meyersohn, CNN There has been a rebound in weddings the last two years after the worst of the Covid-19 pandemic. But it hasn’t…
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