‘Black Panther: Wakanda Forever’ notches record opening for November
CNN By Frank Pallotta, CNN Business “Black Panther: Wakanda Forever” had the major challenge of following “Black Panther,”…
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Beware: The companies that hold your crypto aren’t insured the way banks are
By Jeanne Sahadi, CNN Business The “crypto winter” that hit earlier this year walloped digital asset prices and served as a healthy…
Continue ReadingElon Musk heads to court over Tesla pay that made him the world’s richest person
By Matt McFarland, CNN Business Tesla and CEO Elon Musk will spend this week in court to defend the massive compensation package that helped make him…
Continue ReadingAll eyes on the consumer ahead of Black Friday and the holidays
By Paul R. La Monica, CNN Business It has been a tough year for American consumers. Inflation everywhere. Rapidly rising interest rates. A housing…
Continue ReadingDegrowth: A dangerous idea or the answer to the world’s biggest crisis?
By Julia Horowitz, CNN Business Conventional economic logic hinges on a core assumption: Bigger economies are better, and finding ways to maintain or…
Continue ReadingDisney plans to freeze hiring and cut jobs, memo shows
by Reuters Disney is planning to freeze hiring and cut some jobs as it strives to move the Disney+ streaming service to profitability against a…
Continue ReadingAt least $1 billion of client funds missing at failed crypto firm FTX, sources say
Reuters At least $1 billion of customer funds have vanished from collapsed crypto exchange FTX, according to two people familiar with the matter. The…
Continue ReadingPlaybill leaves Twitter, saying the site ‘expanded tolerance for hate’
CNN By Ramishah Maruf, CNN Playbill, a news outlet and guide for the Broadway theater community and theatergoers, said Friday it left Twitter after…
Continue ReadingPlaybill leaves Twitter, saying the site ‘expanded tolerance for hate’
By Ramishah Maruf, CNN Playbill, a news outlet and guide for the Broadway theater community and theatergoers, said Friday it left Twitter after Elon…
Continue ReadingIt’s a terrible time to buy a house. Here’s what to know if you have to do it anyway
By Anna Bahney, CNN Business There is no sugarcoating it: This is a terrible time to buy a home. Mortgage rates for a 30-year fixed rate loan are now…
Continue ReadingWhy Planet Fitness hasn’t raised its $10 monthly gym price in 30 years
By Nathaniel Meyersohn, CNN Business A gym membership in the United States typically costs around $50 a month. Boutique gyms and high-intensity…
Continue ReadingNBA’s Miami Heat to terminate relationship with FTX, will get new arena name
By Jacob Lev, CNN The NBA’s Miami Heat and Miami-Dade County have terminated their relationship with bankrupt cryptocurrency exchange FTX and…
Continue ReadingTesla officially makes its charging standard available to other companies
By Peter Valdes-Dapena, CNN Business One of Tesla’s biggest competitive advantages in North America has been its network of chargers that, for…
Continue ReadingCrypto CEO warns his industry faces 2008-style crisis, calls regulator scrutiny ‘a good thing’
By Matt Egan The reeling crypto industry faces a 2008-style crisis that will lead to a much-needed regulatory crackdown, crypto CEO Changpeng Zhao…
Continue ReadingLarry David predicted FTX’s implosion
By Allison Morrow, CNN Business Larry David made a prediction about this week’s crypto meltdown that was prettaaay prettaaay good. In a Super…
Continue ReadingFTX investor sues Tom Brady, Gisele Bundchen and others as crypto contagion spreads
CNN By Allison Morrow, CNN Business The fallout from the spectacular implosion of crypto giant FTX has triggered a cascade of wide-reaching effects:…
Continue ReadingIn less than a week, Sam Bankman-Fried’s $16 billion fortune evaporated
By Allison Morrow, CNN Business Sam Bankman-Fried woke up on Monday still a billionaire, even as his cryptocurrency empire was beginning to unravel.…
Continue ReadingAmericans are feeling worse about the US economy
By Alicia Wallace, CNN Business Consumers were feeling slightly worse about the US economy in November, amid punishing rate hikes and decades-high…
Continue ReadingGulf Arab states can’t give up oil. But they can slash their emissions
By Nadeen Ebrahim, CNN As Western states try to wean themselves off their addiction to hydrocarbons, Gulf oil nations have been pushing back hard,…
Continue ReadingCrypto giant files for bankruptcy as CEO resigns in a stunning downfall
CNN By Matt Egan and Allison Morrow, CNN Business FTX Group said Friday it has filed for bankruptcy in the United States and that its CEO has…
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