Covid fears and new tech crackdown hit Chinese stocks and Macao casinos
By Laura He, CNN Business Chinese stocks fell on Monday as the threat of new Covid restrictions and a renewed regulatory offensive against big tech…
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Elon Musk’s politics trigger strong reactions from Tesla customers
CNN By Matt McFarland, CNN Business Jason Simon placed an order for a Tesla Model 3 this April, eager to own an electric vehicle. He heard from Tesla…
Continue ReadingChina crushes mass protest by bank depositors demanding their life savings back
By Nectar Gan, CNN Chinese authorities on Sunday violently dispersed a peaceful protest by hundreds of depositors, who sought in vain to demand their…
Continue ReadingWhat’s next for Twitter now that Elon Musk wants out?
By Ramishah Maruf, CNN After announcing he wants out of his deal to buy Twitter, Elon Musk spent the weekend in Idaho at the Sun Valley Conference.…
Continue ReadingWWE’s Vince McMahon paid $12 million in hush money to multiple women, report says
CNN By Frank Pallotta, CNN Business Former WWE chief executive Vince McMahon paid more than $12 million to four women to cover up “allegations…
Continue Reading‘Thor: Love and Thunder’ nabs a mighty box office opening for Marvel
By Frank Pallotta, CNN Business The God of Thunder still has some pop. “Thor: Love and Thunder,” the latest film in the Marvel Cinematic…
Continue ReadingBank earnings could be ugly. Here’s what to look for
By Nicole Goodkind, CNN Business Earnings season is upon us once again! It’s just like the holiday season except instead of presents and sweets…
Continue ReadingUS ports saw record imports this spring, as port workers’ contract expires
by Vanessa Yurkevich, CNN Another record breaking number of imports passed through the US’s major container ports this spring — showing…
Continue ReadingWhy Campbell Soup hated, then embraced, Andy Warhol’s soup can paintings
by Alexandra Peers, CNN Business Sixty years ago today, the pop artist Andy Warhol unveiled a wall of 32 Campbell Soup can paintings at a Los Angeles…
Continue ReadingNobody likes self-checkout. Here’s why it’s everywhere
By Nathaniel Meyersohn, CNN Business “Unexpected item in the bagging area.” “Please place item in the bag.” “Please…
Continue ReadingFord and VW-backed self-driving company shuts down DC operations
By Matt McFarland, CNN Business Argo AI, the self-driving company backed by Ford and Volkswagen, is shutting down its Washington, DC operation as…
Continue ReadingYou’re much more likely to buy an EV if you’ve ever had a ride in one
By Peter Valdes-Dapena, CNN Business The percentage of Americans who say they would “definitely buy” an electric vehicle has more than…
Continue ReadingWWE’s Vince McMahon paid $12 million in hush money to multiple women, report says
By Frank Pallotta, CNN Business Former WWE chief executive Vince McMahon paid more than $12 million to four women to cover up “allegations of…
Continue Reading‘Thor: Love and Thunder’ nabs a mighty box office opening for Marvel
CNN By Frank Pallotta, CNN Business The God of Thunder still has some pop. “Thor: Love and Thunder,” the latest film in the Marvel…
Continue Reading‘Thor: Love and Thunder’ hopes to jolt a rebounding theater industry
By Frank Pallotta, CNN Business Two years ago, movie theaters were suffering through the pandemic and many in Hollywood wondered if going to the…
Continue ReadingGermany’s biggest landlord turns down the heat as Russian gas shortage bites
By Michelle Toh, CNN Business Germany’s biggest landlord will turn down the heat for hundreds of thousands of residents in the coming months as…
Continue ReadingUS will plunge into recession — but it didn’t have to, former IMF chief economist says
By Christine Romans, CNN Business It’s “almost impossible” for the Fed to tamp down inflation without tipping the US economy into a…
Continue ReadingGameStop fires its CFO and looks to cut staff
By Chris Isidore, CNN Business GameStop has fired its chief financial officer and is preparing to make cuts to its staff. Shares of the…
Continue ReadingWhy Costco’s $1.50 hot dog combo and 99-cent Arizona iced tea still cost the same
By Nathaniel Meyersohn, CNN Business The highest rate of inflation in decades has forced businesses to raise prices on food and other products once…
Continue ReadingWhy inflation isn’t always bad for the stock market
By Nicole Goodkind, CNN Business If you follow markets news, you’ve probably seen a few hundred headlines this year akin to: “Stocks…
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