Gap’s massive job cuts will save $300 million
By Nathaniel Meyersohn, CNN Gap said Thursday that it will lay off 1,800 employees as the struggling retailer looks to cut costs. The layoffs will…
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Vice Media cancels its flagship ‘Vice News Tonight’ program as it makes ‘painful’ layoffs and restructures the company
By Oliver Darcy, CNN Vice Media will cancel its acclaimed program “Vice News Tonight” as part of a broad restructuring that will result…
Continue ReadingMarkets digest banking issues, quarterly earnings and economic data
From CNN’s Krystal Hur, Nicole Goodkind, Alicia Wallace, Bryan Mena, Elisabeth Buchwald and Anna Bahney The-CNN-Wire™ & © 2023…
Continue ReadingJohn King passes ‘Inside Politics’ torch to Dana Bash as he takes on a new assignment at CNN
By Oliver Darcy John King will take on a new role at CNN and step down as the anchor of “Inside Politics,” handing the torch to Dana…
Continue ReadingBarclays and Deutsche Bank defy banking jitters with strong profits
CNN By Hanna Ziady, CNN Barclays and Deutsche Bank have shrugged off a turbulent first quarter to post strong profit growth, helping to calm…
Continue ReadingBarclays and Deutsche Bank defy banking jitters with strong profits
By Hanna Ziady, CNN Barclays and Deutsche Bank have shrugged off a turbulent first quarter to post strong profit growth, helping to calm investors…
Continue ReadingSouthwest posts record revenue despite holiday meltdown
By Chris Isidore, CNN Southwest Airlines’ passengers have finally returned to the airline following its winter holiday service meltdown,…
Continue ReadingHere’s what we know about First Republic Bank
By Nicole Goodkind, CNN First Republic Bank has been teetering on the edge for weeks. It may be finally falling. The San Francisco-based lender could…
Continue ReadingIndia says border violations erode ‘entire basis’ of ties with China
By Rhea Mogul and Vedika Sud, CNN India’s defense minister told his Chinese counterpart on Thursday that violations of their shared border…
Continue ReadingEleven people killed in suspected Maoist militant attack in central India
By Manveena Suri and Rhea Mogul, CNN Ten policemen and a civilian were killed in blast as they were returning from an operation against insurgents in…
Continue ReadingChina has widened its already sweeping counter-espionage law. Experts say foreign businesses should be worried
By Simone McCarthy and Nectar Gan, CNN China has broadened the scope of its already sweeping counter-espionage law in a move that analysts warn could…
Continue ReadingTucker Carlson breaks his silence but does not address his departure from Fox News
CNN By Oliver Darcy, CNN Tucker Carlson broke his silence on Wednesday evening, posting a short video online after his abrupt firing from Fox News…
Continue ReadingChinese police question staff at Bain’s Shanghai office
By Michelle Toh, CNN Chinese police have questioned staff at the Shanghai offices of Bain & Company, the US consultancy said Thursday, in a…
Continue ReadingTucker Carlson breaks his silence but does not address his departure from Fox News
CNN By Oliver Darcy, CNN Tucker Carlson broke his silence on Wednesday evening, posting a short video online after his abrupt firing from Fox News…
Continue ReadingTucker Carlson breaks his silence but does not address his departure from Fox News
By Oliver Darcy, CNN Tucker Carlson broke his silence on Wednesday evening, posting a short video online after his abrupt firing from Fox News…
Continue ReadingChanges are coming to some mortgage fees next month
By Anna Bahney, CNN Fees on mortgages backed by Freddie Mac and Fannie Mae are set to change next month, in a plan designed to make homeownership…
Continue ReadingMusician Ed Sheeran sang and played guitar on the stand during copyright infringement trial
CNN By Chloe Melas, Aaron Cooper, Jennifer Korn and Nicki Brown, CNN Musician Ed Sheeran played guitar and sang on the stand Thursday as part of his…
Continue ReadingEd Sheeran song ‘sounds very, very similar’ to Marvin Gaye’s, music expert says at trial
By Jennifer Korn and Nicki Brown, CNN Musician Ed Sheeran’s court case continued Wednesday in a high-profile copyright trial about whether his…
Continue ReadingHow big was the ‘beyond’ section at Bed, Bath & Beyond? The iconic retailer’s weirdest merchandise
By Alex Leeds Matthews, CNN When Bed, Bath & Beyond begins shuttering its stores after filing for bankruptcy last weekend, shoppers will have…
Continue ReadingFirst Republic may not survive, even after two multibillion-dollar bailouts
By Nicole Goodkind, CNN First Republic Bank is in a fight for its survival. The past few weeks have been brutal for the San Francisco-based lender.…
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