American productivity fell by the largest amount since 1960
By Anneken Tappe, CNN Business US labor market productivity tanked in the third quarter. Paychecks grew and the number of hours worked jumped, but…
Continue ReadingBy Anneken Tappe, CNN Business US labor market productivity tanked in the third quarter. Paychecks grew and the number of hours worked jumped, but…
Continue ReadingBy Julia Horowitz, CNN Business For years, the future of the department store has been in doubt, as shoppers abandon malls and instead opt to scoop…
Continue ReadingBy Chris Isidore, CNN Business Doug Parker will retire in March as CEO of American Airlines, the airline that he made the world’s largest…
Continue ReadingBy Matt Egan, CNN Business Hertz has gone from bankruptcy court to buybacks in the span of five months. And Senator Elizabeth Warren is not happy…
Continue ReadingBy Laura He, CNN Business China has decided it’s time to loosen its purse strings and pump money into the economy in a bid to stave off threats…
Continue ReadingBy Tami Luhby, CNN Business The coronavirus pandemic has worsened the massive financial gap between rich and poor around the world, a new report has…
Continue ReadingCNN, CNN BUSINESS By Moira Ritter Days after Better.com’s CEO unceremoniously fired 900 people over Zoom, several executives are handing in…
Continue ReadingBy Jeanne Sahadi, CNN Business How you let employees go matters for your company’s reputation. Consider Better.com’s CEO, who just fired…
Continue ReadingBy Oliver Darcy, CNN Business Fred Hiatt, The Washington Post’s longtime editorial page editor, died on Monday morning. He was 66 years old.…
Continue ReadingBy Paul R. La Monica, CNN Business Stop us if you’ve heard this before: Market strategists are predicting that 2022 will finally be the year…
Continue ReadingBy Vanessa Yurkevich, CNN Business Ford Motor Co. is pushing its return-to-office date to March over concerns over new Covid-19 concerns, the company…
Continue ReadingBy Danielle Wiener-Bronner, CNN Business Three years after ditching Qdoba Mexican Eats, Jack in the Box is scooping up Del Taco in a $575 million…
Continue ReadingBy Nathaniel Meyersohn, CNN Business Kohl’s should spin off its online business or find a buyer to take the whole company private, an activist…
Continue ReadingCNN, CNNBUSINESS By Ramishah Maruf, CNN Business Better.com CEO Vishal Garg announced the mortgage company is laying off about 9% of its workforce on…
Continue ReadingCNN, NYC MEDIA By Aaron Cooper, Matt Egan and Chris Isidore, CNN Business All private sector employers in New York City will now be required to…
Continue ReadingBy Anneken Tappe It’s a strong start to the week on Wall Street, where the Dow finished up more than 600 points amid a rebound from last…
Continue ReadingBy Kerry Flynn, CNN Business At Nasdaq Monday, BuzzFeed CEO Jonah Peretti — flanked by Instagram celebrity “Dude with Sign” and people…
Continue ReadingCNN By Matt Egan, CNN Business The shell company that is facilitating former President Donald Trump’s return to Wall Street disclosed Monday…
Continue ReadingBy Matt Egan, CNN Business The shell company that is facilitating former President Donald Trump’s return to Wall Street disclosed Monday that…
Continue ReadingReuters Tesla is under regulatory investigation after a whistleblower alleged the company failed to properly disclose fire risks associated with…
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