America’s emergency oil stockpile is at a 38-year low but it’s still got firepower left
By Matt Egan and Phil Mattingly, CNN Presidents don’t have magic wands to make inflation disappear. But they do have a powerful tool that can…
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IPhone maker Foxconn wants to dominate electric car manufacturing
By Peter Valdes-Dapena, CNN Business Foxconn, the Taiwanese company best known for building Apple’s iPhones, recently showed off two new…
Continue ReadingNetflix is back to growing after a nightmare year of losing subscribers
By Frank Pallotta, CNN Business After two quarters of bleeding subscribers, Netflix appears to be back on track — in a big way. The streaming…
Continue ReadingNFL adds first-ever Black Friday game exclusively for Amazon
By Frank Pallotta, CNN Business The NFL is expanding its hold on Thanksgiving weekend and building its relationship with Amazon and the world of…
Continue ReadingHere’s why convenience stores aren’t rushing to replace gas pumps with EV chargers
By Matt McFarland, CNN Business Gas stations with convenience stores seem like an obvious location for electric vehicle chargers. Drivers could grab…
Continue ReadingGirl Scouts of the USA receive largest ever donation from single donor
by Devon M. Sayers Girl Scouts of the USA received its largest ever donation from a single individual, a gift of $84.5 million from MacKenzie Scott,…
Continue ReadingStocks surge again as Corporate America’s earnings impress
By Paul R. La Monica, CNN Business So much for Shocktober. Wall Street’s often scary month for stocks has suddenly turned into Rocktober. The…
Continue ReadingFlorida farmers and ranchers could see up to $1.5 billion in Hurricane Ian-related losses
By Vanessa Yurkevich, CNN Florida farmers and ranchers lost up to $1.56 billion in crops, livestock, and nursery and aquaculture products due to the…
Continue ReadingTrains canceled and schools affected as nationwide strikes hit France
By Hanna Ziady and Joseph Ataman, CNN Business Only about half the trains on regional and intercity lines were running Tuesday in France and Eurostar…
Continue ReadingPizza Hut is finally selling slices — with a twist
By Jordan Valinsky, CNN Business Pizza Hut is getting more personal beyond its personal pan pizzas. For customers who find ordering a whole pie…
Continue ReadingGoldman Sachs overhauls banking and trading units
By Paul R. La Monica, CNN Business Goldman Sachs announced a major reorganization Tuesday as the Wall Street powerhouse grapples with market…
Continue ReadingRolls-Royce’s first electric car has two doors and is longer than a Cadillac Escalade
CNN, CNN BUSINESS By Peter Valdes-Dapena, CNN Business Rolls-Royce will start production of its first electric car next year. It has only two doors…
Continue ReadingRolls-Royce’s first electric car has two doors and is longer than a Cadillac Escalade
By Peter Valdes-Dapena, CNN Business Rolls-Royce will start production of its first electric car next year. It has only two doors but is longer than…
Continue ReadingThe strong dollar has an unexpected victim
By Paul R. La Monica, CNN Business The strong dollar has been a headwind for blue chip US companies in the Dow and S&P 500 this year.…
Continue ReadingGM just took a stake in a startup that makes imitation leather out of mushrooms
By Peter Valdes-Dapena, CNN Business General Motors’ venture capital arm has invested in a California startup that’s making imitation…
Continue ReadingFirst on CNN: Next spring the economy will sink into a 1990-style mild recession, Fitch says
By Matt Egan, CNN Business Stubborn inflation and the Federal Reserve’s jumbo-sized interest rate hikes will drive the American economy into a…
Continue ReadingWhy women in leadership roles are more likely than ever to quit
By Jeanne Sahadi, CNN Business When it comes to getting promoted into management, men still have the advantage. And women who do ascend to leadership…
Continue ReadingChina delays the release of GDP and other economic data without explanation amid Party Congress
By Laura He and CNN’s Beijing Bureau, CNN Business China has abruptly delayed the publication of key economic data, one day before its…
Continue ReadingChina delays the release of GDP and other economic data without explanation amid Party Congress
CNN By Laura He and CNN’s Beijing Bureau, CNN Business China has abruptly delayed the publication of key economic data, one day before its…
Continue ReadingMercedes CEO says Europe’s gas crisis will accelerate its shift to renewables
By Michelle Toh, CNN Business Europe’s gas crisis will be “a catalyst” for Mercedes-Benz to push deeper into clean energy, says its…
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