Yen falls after Bank of Japan maintains ultra-easy policy
By Laura He, CNN The yen plunged on Wednesday after the Bank of Japan decided to maintain its ultra-easy monetary policy, defying market expectations…
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What we learned at Davos: The economy is a mess, but there’s still hope
CNN, CNN BUSINESS By Nicole Goodkind, CNN Friday marks the end of the annual World Economic Forum meeting in Davos, Switzerland, an elite gathering…
Continue ReadingRegulators conducting interviews in JFK airport near-crash probe
By Pete Muntean and Gregory Wallace, CNN Investigators are probing the narrowly avoided catastrophic collision between two airliners at New…
Continue ReadingTesla reports record earnings but tighter profit margins
CNN By Chris Isidore, CNN Tesla reported record profits for the fourth quarter and the full year, but its profit margins were tighter due to higher…
Continue ReadingTesla-induced pileup involved driver-assist tech, government data reveals
By Matt McFarland, CNN Business The Tesla Model S that braked sharply and triggered an eight-car crash in San Francisco in November had the…
Continue ReadingOusted Disney CEO Bob Chapek will get $20 million exit pay
By Jordan Valinsky, CNN Ousted Disney chief executive Bob Chapek is set to receive a hefty paycheck following his exit. The Walt Disney Company said…
Continue ReadingElon Musk is being sued over his ‘funding secured’ tweet. Here’s what you need to know
By Chris Isidore, CNN A four-year old tweet from Elon Musk has the Tesla CEO back in court starting Tuesday. Musk, Tesla and other Tesla directors…
Continue ReadingNo recession after all? Business leaders are more hopeful as China reopens
By Julia Horowitz, CNN Bullishness about the global economy has been in short supply among business leaders in recent months, with fears of recession…
Continue ReadingAmericans are already starting to pull back on their spending, survey shows
By Alicia Wallace, CNN Americans have already started to rein in their spending — and expect to pull back some more this year, according to a…
Continue ReadingEurope’s ban on Russian diesel could send pump prices even higher
By Anna Cooban, CNN Europe is scrambling to buy diesel fuel from Russia before a ban on imports comes into force in early February, but the frantic…
Continue ReadingGoldman Sachs and Morgan Stanley both hit hard by deal drought
By Paul R. La Monica, CNN Let’s not make a deal? Investment banking powerhouses Goldman Sachs and Morgan Stanley both reported substantial…
Continue ReadingThe Chevrolet Corvette E-Ray is the first-ever hybrid Corvette
By Peter Valdes-Dapena, CNN Exactly 70 years after the very first Chevrolet Corvette was unveiled in January, 1953, General Motors revealed the first…
Continue ReadingThe Chevrolet Corvette E-Ray is the first-ever hybrid Corvette
CNN, CNN BUSINESS By Peter Valdes-Dapena, CNN Exactly 70 years after the very first Chevrolet Corvette was unveiled in January, 1953, General Motors…
Continue ReadingThe rich should pay higher fares to clean up aviation, says Heathrow boss
By Hanna Ziady, CNN Rich travelers will have to pay more to fly if the aviation industry is to transition to greener fuels, the boss of one of the…
Continue ReadingThe world has a major debt problem. Is a reset coming?
By Nicole Goodkind, CNN Business The world is in debt. A record amount of debt. Three hundred trillion dollars, to be exact. That’s the total…
Continue ReadingThe world has a major debt problem. Is a reset coming?
CNN By Nicole Goodkind, CNN Business The world is in debt. A record amount of debt. Three hundred trillion dollars, to be exact. That’s the…
Continue ReadingA lot of people hide their cancer diagnosis from their bosses. These companies aim to change that
By Jeanne Sahadi, CNN After having surgery to remove a small cancerous tumor from his neck last year, Publicis Groupe CEO Arthur Sadoun decided to…
Continue ReadingIndia is set to become the world’s most populous country. Can it create enough jobs?
By Diksha Madhok, CNN India will overtake China this year to become the world’s most populous country. The likelihood of India passing that…
Continue ReadingChina records first population decline in 60 years
By Simone McCarthy, CNN China’s population shrank in 2022 for the first time in more than 60 years, a new milestone in the country’s…
Continue ReadingChina posts one of its worst economic performances in decades because of Covid
By Laura He, CNN China’s economy expanded by just 3% in 2022, far below the government’s own target, marking one of the worst…
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