‘Britcoin’ could arrive in the second half of the decade
CNN By Julia Horowitz, CNN The United Kingdom is pushing ahead with plans to create a digital pound issued by the Bank of England that would offer a…
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Boeing is cutting 2,000 HR and finance jobs, outsourcing some to India
By Chris Isidore, CNN Boeing plans to cut about 2,000 white-collar jobs in finance and human resources, and it will be shifting some of that work to…
Continue ReadingBed Bath & Beyond closes stores and raises $1 billion to stave off bankruptcy
By Jordan Valinsky, CNN Bed Bath & Beyond is closing 150 more stores — just a week after the struggling retailer announced the closure of 87…
Continue ReadingAmazon to donate supplies to Turkey’s earthquake victims
By Anna Cooban, CNN Amazon has announced that it will help victims of the Turkey earthquake by donating food, medicine and equipment from its…
Continue ReadingState of the Union, recession, crypto woes and more tech layoffs: What investors are watching
By Nicole Goodkind, CNN Here’s what investors are paying attention to this Tuesday morning: â–¸ President Joe Biden is set to deliver his…
Continue ReadingBP posts record profit and boosts investment in oil and gas
By Michelle Toh and Anna Cooban, CNN BP’s annual profit more than doubled last year to an all-time high of nearly $28 billion, extending a…
Continue ReadingAustralia’s central bank signals more tightening ahead after hiking rates to decade high
By Reuters Australia’s central bank raised its cash rate by 25 basis points to a decade-high of 3.35% on Tuesday and reiterated that further…
Continue ReadingBinance briefly halts US dollar transfers
By Allison Morrow Binance, the world’s largest crypto exchange, said it would temporarily halt transfers of US dollars starting Wednesday.…
Continue ReadingFAA proposes fining United $1 million for skipping safety steps
By Gregory Wallace, CNN Airline regulators on Monday proposed slapping United Airlines with a $1.15 million fine for safety concerns about how it…
Continue ReadingBritain’s NHS was once idolized. Now its worst-ever crisis is fueling a boom in private health care
CNN By Hanna Ziady, CNN Tens of thousands of nurses and nearly 12,000 ambulance workers went on strike Monday over pay and working conditions in the…
Continue ReadingBritain’s NHS was once idolized. Now its worst-ever crisis is fueling a boom in private health care
By Hanna Ziady, CNN Tens of thousands of nurses and nearly 12,000 ambulance workers went on strike Monday over pay and working conditions in the…
Continue ReadingAMC Theaters is changing its ticket pricing
By Jordan Valinsky, CNN Business AMC Theaters is changing the way it charges for seats. America’s largest movie chain announced that the prices…
Continue ReadingFTX to politicians: Give us back our donations or we’ll sue you
By Allison Morrow, CNN The new management of FTX is pressuring hundreds of politicians and political organizations to return millions of dollars…
Continue ReadingDiesel prices fall in Europe despite ban on Russian fuel
By Anna Cooban, CNN Europe’s ban on Russia’s diesel arrived painlessly on Sunday. Although the EU cut off its biggest supplier, diesel…
Continue ReadingThe CEO of America’s second-largest bank is preparing for possible US debt default
CNN By Paul R. La Monica, CNN Congress is once again bickering about raising the debt ceiling, the amount of money the US government can borrow to…
Continue ReadingThe CEO of America’s second-largest bank is preparing for possible US debt default
By Paul R. La Monica, CNN Congress is once again bickering about raising the debt ceiling, the amount of money the US government can borrow to pay…
Continue ReadingJanet Yellen: You don’t have a recession when you have the lowest unemployment rate in 50 years
By Betsy Klein, CNN Treasury Secretary Janet Yellen said Monday that the probability of a US recession this year is low as she touted job growth and…
Continue ReadingNational Enquirer has finally been sold after seeking a buyer for years
By Jordan Valinsky, CNN Business National Enquirer, the 97-year-old controversial tabloid behind several bombshell celebrity and political scandals,…
Continue ReadingThe bear market could make a comeback
By Nicole Goodkind, CNN Business Investors who believe the bear market is over are “ignorant,” Lisa Shalett, chief investment officer of…
Continue ReadingDisney won’t show ‘Simpsons’ episode in Hong Kong that mentions ‘forced labor’
By Michelle Toh, CNN An episode of “The Simpsons” that includes a line about “forced labor camps” in mainland China has been…
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