FTX lawyers say they have recovered $5 billion in assets
By Allison Morrow, CNN FTX officials overseeing its bankruptcy have recovered more than $5 billion in cash and other liquid assets that may be used…
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Global experts worry simultaneous crises could become the new norm
By Julia Horowitz, CNN Business executives, politicians and academics are bracing for a gloomy world battered by intersecting crises, as rising…
Continue ReadingNetflix will stream a live awards show for the first time
By Jordan Valinsky, CNN Business Netflix will air a live awards show for the first time, marking the streamer’s latest expansion into live…
Continue ReadingGold is surging as investors bet on slower Fed rate hikes
By Anna Cooban, CNN Gold is shining once again, as investors bet that cooling inflation in the United States will slow the pace of Fed rate hikes and…
Continue ReadingHealth care is in crisis. New York’s nurses strike is just the latest sign
By Chris Isidore, CNN Naniaka Camara grew up near Montefiore Hospital in the Bronx in New York and remembers going there for her own medical care. A…
Continue ReadingExclusive: Pepsi is ditching Sierra Mist for a new Sprite rival
By Jordan Valinsky, CNN Business Pepsi is reaching for the stars in its latest effort to take on Sprite. Starry, a new lemon-lime soda, is rolling…
Continue ReadingInvestors are underestimating inflation again
By Nicole Goodkind, CNN Investors are holding their breath in anticipation of Thursday morning’s Consumer Price Index inflation report —…
Continue ReadingEgg prices ‘expected to soar’ in Japan after record cull of 10 million birds
By Junko Ogura and Michelle Toh, CNN Japan has culled just under 10 million birds as it confronts a massive outbreak of avian flu, which is…
Continue ReadingStephanie McMahon resigns as WWE’s chairwoman and co-CEO
By Rob McLean, CNN Four days after her disgraced father returned to WWE’s board, the wrestling company’s co-CEO and chairwoman Stephanie…
Continue ReadingThe owner of Uniqlo is boosting pay for Japan employees by up to 40% as inflation bites
By Michelle Toh, CNN Fast Retailing, the Japanese giant that owns popular clothing brands Uniqlo and Theory, will start paying its employees much…
Continue ReadingC-SPAN is calling on McCarthy to allow its cameras in the House after its unprecedented coverage of the leadership fight
By Oliver Darcy, CNN C-SPAN isn’t packing up its cameras quietly. The public affairs network on Tuesday sent a letter to new House Speaker…
Continue ReadingC-SPAN is calling on McCarthy to allow its cameras in the House after its unprecedented coverage of the leadership fight
CNN By Oliver Darcy, CNN C-SPAN isn’t packing up its cameras quietly. The public affairs network on Tuesday sent a letter to new House Speaker…
Continue ReadingRocket start-up fails attempt to launch satellites off Alaska’s coast
By Jackie Wattles, CNN A rocket operated by a California-based start-up failed near the coast of Alaska Tuesday, marking yet another mishap for…
Continue ReadingWells Fargo is retreating from the mortgage market it once led
By Matt Egan, CNN Wells Fargo, long one of the biggest players in the mortgage business, is taking a big step back. The scandal-ridden bank announced…
Continue ReadingNICU mom stays by her son’s side after his nurses leave to strike
By Celina Tebor, CNN Lora Ribas hasn’t left her son’s bedside in four days. Her one-year-old baby, Logan, has been in the neonatal…
Continue ReadingTom Brady and Gisele Bundchen’s FTX stake will probably get wiped out
By Allison Morrow, CNN Less than a year after Tom Brady and Gisele Bundchen appeared in a series of Super Bowl ads for FTX, the former couple have…
Continue ReadingFrench workers can retire much younger than most. That’s about to change
By Hanna Ziady and Joseph Ataman, CNN The French government is planning to raise the official retirement age by two years as part of a long-delayed…
Continue ReadingFed Chair Powell: Bringing down inflation requires ‘measures that are not popular’
CNN, CNN BUSINESS By Nicole Goodkind, CNN Federal Reserve Chairman Jerome Powell made his first public appearance of the year on Tuesday, stressing…
Continue ReadingRolls-Royce, Bentley and Lamborghini had record sales last year, again
By Peter Valdes-Dapena, CNN Business Despite broad concerns about the economy and fears of an impending recession, the ultra-wealthy seem to be doing…
Continue ReadingDisney CEO Bob Iger orders workers to return to the office 4 days a week
By Jordan Valinsky, CNN Business Disney CEO Bob Iger is clamping down on remote workers. Iger, who recently returned to Disney’s helm after a…
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