US airlines about to be hit with ‘tsunami’ of pilot retirements
By Greg Wallace, CNN The US airline industry is about to be hit with a “tsunami of pilot retirements” that will further the…
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UK inflation stays at 10% as bread rises at record clip. Here’s why it’s proving hard to beat
By Hanna Ziady, CNN UK inflation remained above 10% in March, far higher than in the United States and Europe, as bread prices rose at a record pace.…
Continue ReadingThe $787.5 million settlement Fox agreed to pay is a lot. But its net cost will likely be much less
CNN By Jeanne Sahadi, CNN The $787.5 million settlement that Fox News has agreed to pay in the historic defamation case from Dominion Voting Systems…
Continue Reading‘I am a little freaked out.’ David’s Bridal bankruptcy sparks jitters among brides-to-be
By Parija Kavilanz, CNN Delaney Dickson is now anxious about her upcoming appointments at David’s Bridal after the retailer filed for…
Continue ReadingWhat’s next for Fox and Dominion? More lawsuits seeking accountability for corrosive 2020 election lies
CNN By Marshall Cohen, CNN Dominion Voting Systems’ blockbuster defamation case against Fox News is over after the right-wing network cuts a…
Continue ReadingA third of federal workers are on strike in Canada
By Paula Newton, CNN Nearly a third of Canada’s federal workers walked off the job Wednesday morning in one of the largest strikes in the…
Continue ReadingThe earnings recession is here. There could be worse to come
By Nicole Goodkind, CNN Earnings reports are coming thick and fast, showing how companies fared in the first few months of the year. But analysts and…
Continue ReadingThis isn’t the end of Fox’s legal headaches. Here’s what’s next
By Marshall Cohen, CNN Dominion Voting Systems’ blockbuster defamation case against Fox News is over after the right-wing network cuts a check…
Continue ReadingWhat’s next for Fox and Dominion? More lawsuits seeking accountability for corrosive 2020 election lies
CNN By Marshall Cohen, CNN Dominion Voting Systems’ blockbuster defamation case against Fox News is over after the right-wing network cuts a…
Continue ReadingHow it happened: Inside the historic settlement between Fox News and Dominion
CNN By Marshall Cohen and Oliver Darcy, CNN Veteran mediator Jerry Roscoe was on a relaxing river cruise from Budapest to Bucharest celebrating his…
Continue ReadingFox News settles with Dominion at the last second, pays more than $787 million to avert defamation trial over its 2020 election lies
By Marshall Cohen and Oliver Darcy, CNN Fox News reached a last-second settlement with Dominion Voting Systems on Tuesday as the case raced toward…
Continue ReadingBlack homeowners had the smallest wealth gains over the past decade
By Anna Bahney, CNN Homeownership remains a key to building wealth. But a new study from the National Association of Realtors underscores the…
Continue ReadingWhy Netflix delayed its password sharing crackdown
By Clare Duffy, CNN Netflix on Tuesday said it will move forward with a broad rollout of its paid account sharing option in the second quarter, after…
Continue ReadingNetflix is winding down its DVD business after 25 years
By Allison Morrow, CNN Netflix is officially winding down the business that helped make it a household name. This fall, the streaming giant will…
Continue ReadingJobs are strong, inflation is cooling — yet recession worries remain
By Christine Romans, CNN Chief Business Correspondent The post-pandemic US economy has tortured economists and defied expectations. It’s…
Continue ReadingAccessing credit has become harder, Fed’s Beige Book shows
CNN, CNN BUSINESS By Bryan Mena, CNN Businesses across the country said banks have tightened their lending standards since last month’s banking…
Continue ReadingLincoln’s new SUV will be imported from China
By Peter Valdes-Dapena, CNN Business Lincoln unveiled a redesigned version of its Nautilus SUV, which it says will have the largest display screen of…
Continue ReadingStaff who are worried about bonuses should ‘leave Pity City,’ boss says
By Allison Morrow, CNN One boss is learning the hard way how a pep talk can quickly go off the rails. Andi Owen, CEO of office furniture company…
Continue ReadingHSBC’s top shareholder calls for breakup, expressing ‘deep concern’
By Hanna Ziady, CNN HSBC’s biggest shareholder has called on the bank to create a separately listed Asian business headquartered in Hong Kong…
Continue ReadingGlobal corporate defaults highest since the pandemic in 2020
By Anna Cooban, CNN More companies around the world defaulted on their debts in the first three months of this year than in any quarter since late…
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