Honda and LG are spending $3.5 billion to build a battery factory in Ohio
By Peter Valdes-Dapena, CNN Business Honda and South Korean battery maker LG Energy Solutions are investing $3.5 billion to build a joint venture…
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Tens of thousands likely jobless after Hurricane Ian, economists say
CNN Martha C. White for CNN Business Hurricane Ian’s devastating impact will be felt for weeks and months to come, especially in the state of…
Continue ReadingTens of thousands likely jobless after Hurricane Ian, economists say
Martha C. White for CNN Business Hurricane Ian’s devastating impact will be felt for weeks and months to come, especially in the state of…
Continue ReadingJake Tapper to sit down with President Joe Biden Tuesday night 9 p.m. ET
CNN, CNN BUSINESS By CNN Staff Jake Tapper, CNN’s chief Washington correspondent and anchor, is set to kick off his new show Tuesday evening by…
Continue Reading‘The worst is yet to come’: IMF issues stark recession warning
By Julia Horowitz, CNN Business The International Monetary Fund has once again downgraded its forecast for the global economy with a sharp warning:…
Continue ReadingJake Tapper to sit down with President Joe Biden Tuesday night 9 p.m. ET
By CNN Staff Jake Tapper, CNN’s chief Washington correspondent and anchor, is set to kick off his new show Tuesday evening by sitting down to…
Continue ReadingHow to be a smart holiday shopper
By Nathaniel Meyersohn, CNN Business It’s only October, but holiday shopping promotions are here with retailers bringing out the Christmas…
Continue ReadingHow to be a smart holiday shopper
CNN, KYW, GETTY IMAGES, AMAZON, TARGET By Nathaniel Meyersohn, CNN Business It’s only October, but holiday shopping promotions are here with…
Continue ReadingMarkets won’t go back to normal until the Fed stops hiking rates
By Nicole Goodkind, CNN Business Stocks lost ground again on Monday following a turbulent week that saw market volatility at its bumpiest level since…
Continue ReadingGM is starting an energy storage subsidiary to take on the Tesla Powerwall
By Peter Valdes-Dapena, CNN Business General Motors is starting its own energy storage business using its Ultium battery packs to power homes and…
Continue ReadingBank of England warns risk of UK financial crisis hasn’t gone away
By Mark Thompson, CNN Business For the second time in two days, the Bank of England has been forced to offer extra support to UK markets still…
Continue ReadingConfused drivers think they have ‘self-driving’ cars. That’s dangerous, an insurance group warns
By Matt McFarland, CNN Business Drivers are putting too much trust in their vehicles’ driver-assist features, which may lead to dangerous…
Continue ReadingUS economy will soon start losing 175,000 jobs a month, Bank of America warns
By Matt Egan, CNN The Federal Reserve’s fight to squash inflation will cause the US economy to start losing tens of thousands of jobs a month…
Continue ReadingThe threat of a freight railroad strike is back
By Chris Isidore and Vanessa Yurkevich, CNN Business A union of railroad track maintenance workers has rejected a tentative agreement with the…
Continue ReadingWilliam Shatner on traveling to space: ‘All I saw was death’
By Jackie Wattles, CNN Astronauts have for decades described their trips to space as “breathtaking” and humbling, a reminder of the…
Continue Reading$4 gas could be coming — again
By Chris Isidore, CNN Business Here’s the bad news first: Gas prices are on the rise in most of the US and could soon hit a national average of…
Continue ReadingStocks dip after JPMorgan Chase CEO Jamie Dimon warns of recession
By Paul R. La Monica, CNN Business So much for a sleepy Columbus Day on Wall Street. Stocks weren’t doing much Monday morning but took a turn…
Continue ReadingNobel Prize in economics awarded to trio including Ben Bernanke for work on financial crises
By Julia Horowitz, CNN Business Former Federal Reserve Chair Ben Bernanke, Douglas Diamond and Philip Dybvig were awarded the Nobel Prize in…
Continue ReadingAmazon will invest $970 million in electric vehicles for its European fleet
By Chris Isidore, CNN Business Amazon said Monday it plans to spend €1 billion, or $972 million, on electric vehicles for its European fleet. The…
Continue ReadingNikki Finke, veteran Hollywood journalist, has died
By Jordan Valinsky, CNN Business Nikki Finke, the sharp-tongue Hollywood journalist famous for her seemingly non-stop scoops, has died. She was 68.…
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