Southwest explains its meltdown to Congress
CNN By Chris Isidore, Aditi Sangal and Gregory Wallace, CNN Southwest’s December meltdown was front and center at a Senate Commerce Committee…
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Rent for a Manhattan apartment remains mind-bogglingly high
By Anna Bahney, CNN Even as rents are cooling in some parts of the country, it has never cost more to rent a Manhattan apartment during the month of…
Continue ReadingMortgage rates rise on inflation concerns
By Anna Bahney, CNN Mortgage rates rose this week after four weeks of declines, as a stronger-than-expected jobs report suggested the Federal Reserve…
Continue ReadingChick-fil-A’s newest sandwich has no chicken in it
By Jordan Valinsky, CNN Chick-fil-A’s newest sandwich ditches chicken for … cauliflower. The aptly named “Chick-fil-A Cauliflower…
Continue ReadingBob Iger wins again. Activist shareholder stands down in Disney board battle
By Kate Trafecante, CNN In Bob we trust, Wall Street said Thursday. After reporting a multibillion cost-cutting initiative that sent Disney shares…
Continue ReadingJudge extends restrictions on Sam Bankman-Fried’s communications
By Kara Scannell, CNN A federal judge extended restrictions on Sam Bankman-Fried’s ability to contact former employees of FTX, citing concerns…
Continue ReadingSouthwest explains its meltdown to Congress
By Chris Isidore, Aditi Sangal and Gregory Wallace, CNN Southwest’s December meltdown was front and center at a Senate Commerce Committee…
Continue ReadingNetflix clamps down on password sharing in four more countries
By Anna Cooban, CNN Netflix has extended its crackdown on password sharing to Canada, New Zealand, Portugal and Spain. Users in these countries will…
Continue ReadingWeekly jobless claims edged up last week, but the labor market remains robust
By Lucy Bayly, CNN First-time applications for unemployment benefits rose last week to 196,000, a slightly higher total than the 190,000 that…
Continue ReadingCVS wants to be the doctor for Medicare patients
CNN By Nathaniel Meyersohn, CNN CVS is buying a primary care doctor’s network, moving the pharmacy deeper into providing physician services for…
Continue ReadingCVS wants to be the doctor for Medicare patients
By Nathaniel Meyersohn, CNN CVS is buying a primary care doctor’s network, moving the pharmacy deeper into providing physician services for…
Continue ReadingAI is the latest Wall Street craze. Is it also the next bubble?
By Paul R. La Monica, CNN Artificial intelligence is the latest tech flavor of the month. Industry giants Google, Microsoft and China’s Baidu…
Continue ReadingAustralia to purge Chinese-made cameras from its defense department
By Angus Watson and Wayne Chang, CNN Australia’s defense ministry will remove Chinese-made cameras from its offices over spying concerns, the…
Continue ReadingAbout 5 million bottles of Fabuloso recalled because of bacterial contamination
By Jordan Valinsky, CNN Nearly 5 million bottles of Fabuloso multi-purpose cleaner have been recalled because there’s a “risk of…
Continue ReadingBed Bath & Beyond is closing 149 more stores. See the list
By Jordan Valinsky, CNN Business Bed Bath & Beyond has revealed the locations of the 149 stores it’s closing. The new list of closures…
Continue ReadingWelcome to the ‘rolling recession’ economy
By Nicole Goodkind, CNN Wall Street is baffled by this economy. The labor market is thriving. US unemployment is at its lowest level since 1969. GDP…
Continue ReadingEgg prices are still super high. This could be a big moment for plant-based options
By Danielle Wiener-Bronner, CNN Egg prices are still high at the grocery store — so plant-based egg alternatives are using this moment to make…
Continue ReadingCredit Suisse posts biggest annual loss since 2008
By Hanna Ziady, CNN Credit Suisse has reported its biggest annual loss since the financial crisis in 2008, highlighting the scale of the challenge…
Continue ReadingMore US firms in Taiwan say they’re seeing ‘significant disruption’ due to rising tension with China
By Eric Cheung, CNN The number of companies in Taiwan saying they’re experiencing business disruptions due to rising tensions between Taipei…
Continue ReadingNetflix clamps down on password sharing in four more countries
CNN By Anna Cooban, CNN Netflix has extended its crackdown on password sharing to Canada, New Zealand, Portugal and Spain. Users in these countries…
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