Evergrande’s crisis continues: $2 billion seized, earnings delayed
By Laura He, CNN Business Banks have seized $2 billion in cash from Evergrande, the ailing Chinese real estate developer said Tuesday as it announced…
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Buy this, not that: Pro tips to save at the grocery store
By Nathaniel Meyersohn, CNN Business You’re probably not too happy with your grocery bills these days. But there are strategies to help you…
Continue ReadingOil soars 7% and blows past $110 as Europe debates banning Russian oil
By Matt Egan, CNN Oil prices rose sharply on Monday as Europe considers whether to match America’s ban on Russian oil. US crude soared 7% to…
Continue ReadingFed Chairman Powell: We need to raise interest rates quickly
By Anneken Tappe and Paul R. La Monica, CNN Business The Federal Reserve needs to move quickly to raise interest rates and normalize its monetary…
Continue ReadingThe SEC wants companies to disclose how much they pollute
By Ramishah Maruf, CNN Business The Securities and Exchange Commission proposed a climate disclosure rule Monday, a move that would boost the Biden…
Continue ReadingNew Russian asset tracker details oligarchs’ mansions and yachts
By Jordan Valinsky, CNN Business A nonprofit reporting network launched Monday the Russian Asset Tracker, a database to track the assets of prominent…
Continue ReadingChinese stocks are on a roller coaster with no end in sight
By Paul R. La Monica, CNN Business US-listed Russian stocks have been in freefall following the invasion of Ukraine — but it’s not the only…
Continue ReadingChinese stocks are on a roller coaster with no end in sight
CNN, POOL, WHITE HOUSE, CCTV, FACEBOOK By Paul R. La Monica, CNN Business US-listed Russian stocks have been in freefall following the invasion of…
Continue ReadingWar. Inflation. Covid. CEOs’ optimism is dimming
By Matt Egan, CNN Business Just a few months ago, optimism among American CEOs hit record highs. But given stubbornly high inflation, Russia’s…
Continue ReadingWar. Inflation. Covid. CEOs’ optimism is dimming
CNN, CNNBUSINESS By Matt Egan, CNN Business Just a few months ago, optimism among American CEOs hit record highs. But given stubbornly high…
Continue ReadingA 737 crashed in China. What we know about the plane
By Chris Isidore, CNN Business A Boeing 737 carrying 132 people crashed early Monday in China. Although Boeing’s 737 has faced extraordinarily…
Continue ReadingNestlé pulls KitKat, Nesquik and other brands from Russia
CNN By Jordan Valinsky, CNN Business Following criticism from Ukraine’s president over Nestlé’s ties to Russia, the company is halting…
Continue ReadingZelensky calls out Nestlé over its ties to Russia
By Matt Egan, CNN Business Ukrainian President Volodymyr Zelensky is calling out Nestlé for the Swiss company’s continued relationship with…
Continue ReadingBuffett’s Berkshire Hathaway is buying insurer Alleghany for $11.6 billion
By Paul R. La Monica, CNN Business It may not be the “elephant-sized” deal that Warren Buffett has long promised, but Berkshire Hathaway…
Continue ReadingTaco Bell workers are getting new uniforms. Here’s what they look like
By Jordan Valinsky, CNN Business Taco Bell turns 60 this summer and its employees will have new outfits to mark the occasion. Employees will be given…
Continue ReadingWhite House considered gas cards to ease pain at the pump
By Matt Egan, CNN Business The White House considered sending gas cards to families to cushion the blow from record-high gas prices before eventually…
Continue ReadingHong Kong tries to ‘relaunch’ its economy by lifting flight bans and cutting quarantine
By Michelle Toh and Jojo Chan, CNN Business Hong Kong announced Monday that it would lift flight bans and shorten quarantine requirements after two…
Continue ReadingCountries around the world are slashing education budgets. Children will suffer most
Opinion by Yamini Aiyar for CNN Business Perspectives My children last entered their school gates on March 10, 2020, weeks before India’s…
Continue ReadingJergens lotion recalled for possible bacterial infection
By Jordan Valinsky, CNN Business Some types of Jergens moisturizer have been recalled because of possible bacterial contamination. The Food and Drug…
Continue ReadingEurope is talking about joining the Russian oil embargo
By Mark Thompson and James Frater, CNN Business Europe will consider joining a US-led embargo of Russian oil this week as the West looks for new ways…
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