BTS mastermind on HYBE-SM deal: We’re not ‘trying to take over the whole industry’
By Michelle Toh and Richard Quest, CNN The billionaire mastermind behind some of the world’s biggest K-pop stars is pushing back on accusations…
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A takeover battle for the future of K-pop is heating up
CNN By Michelle Toh and Gawon Bae, CNN Kakao, one of South Korea’s top internet giants, has doubled down on its quest to take control of SM…
Continue ReadingAdani shares soar as US investor steps in
By Anna Cooban, CNN Shares in some of Indian billionaire Gautam Adani’s companies soared Friday after a US private equity firm agreed to invest…
Continue ReadingNorfolk Southern CEO sells stock and sets up scholarship fund for East Palestine
By Chris Isidore, CNN Norfolk Southern CEO Alan Shaw sold $448,000 worth of the company’s stock this week, a month after the toxic train…
Continue ReadingNigeria’s chaotic banknote switch ruled invalid by top court
By Nimi Princewill and Stephanie Busari, CNN Nigeria’s botched attempt to replace its banknotes has been declared invalid by the…
Continue ReadingAlmost all S&P 500 companies reported earnings. The results aren’t great
By Nicole Goodkind, CNN About 99% of all S&P 500 companies have reported their fourth quarter earnings and the results, particularly for tech…
Continue ReadingHow the market has changed in the 20+ years I’ve covered it
By Paul R. La Monica, CNN There have been a LOT of changes on Wall Street since I first joined CNN in November 2001. The Dow was trading just below…
Continue ReadingUS adds Chinese genetics firms to trade blacklist over surveillance allegations
By Philip Wang and Kathleen Magramo, CNN The United States on Thursday added two subsidiaries of Chinese genetics company BGI to a trade blacklist…
Continue ReadingFord F-150 Lightning electric truck production to restart March 13
By Peter Valdes-Dapena, CNN Business Following an issue with a battery fire during testing, Ford will restart production of its popular F-150…
Continue ReadingExxonMobil sued after a Black employee allegedly discovered a noose at work. It was the fifth at the same facility
By David Goldman, CNN Exxon was aware of multiple complaints of hangman’s nooses on display at its Baton Rouge, Louisiana, complex, but the oil…
Continue ReadingNTSB: FedEx plane was only 150 feet off ground when disaster was averted
By Chris Isidore, CNN A FedEx plane was only about 150 feet off the ground when its pilots realized a Southwest jet was in the process of taking off…
Continue ReadingDOJ launches new effort to target corporate sanctions evasion
CNN, WPTV By Hannah Rabinowitz, CNN Deputy Attorney General Lisa Monaco announced a new effort by the Justice Department on Thursday to target…
Continue ReadingDOJ launches new effort to target corporate sanctions evasion
By Hannah Rabinowitz, CNN Deputy Attorney General Lisa Monaco announced a new effort by the Justice Department on Thursday to target corporate…
Continue ReadingMortgage rates rise for the fourth week in a row
By Anna Bahney, CNN Mortgage rates shot up for the fourth consecutive week, as inflation concerns remain. The 30-year fixed-rate mortgage averaged…
Continue Reading#BoycottHersheys spreads on Twitter over Women’s Day campaign
By Danielle Wiener-Bronner, CNN Calls to boycott Hershey are spreading on Twitter in response to the chocolate company’s International…
Continue ReadingTarget, Macy’s and Best Buy see consumers cut back, search for discounts
By Nathaniel Meyersohn, CNN Big retailers say consumer demand is starting to buckle from the strain of inflation and customers are making changes in…
Continue ReadingSilvergate Capital shares plunge as bank reveals doubts about its viability
By Allison Morrow, CNN Silvergate Capital, a dominant lender to cryptocurrency firms, is spiraling. The bank’s shares fell more than 55%…
Continue ReadingElizabeth Holmes wants to delay her prison sentence after giving birth to her second child
By Jordan Valinsky, CNN Business Elizabeth Holmes, the former CEO of Theranos convicted of defrauding investors, is seeking to delay the start of her…
Continue ReadingThe gulf between Black homeowners and White is actually getting bigger, not smaller
By Anna Bahney, CNN While more Americans own homes today than a decade ago and the rate is increasing across all races, the gap between Black…
Continue ReadingThe US dollar is at a crossroads
By Nicole Goodkind, CNN Wall Street investors are reaching for their neck braces in preparation for yet another volatile swing in stock markets: A…
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