Tesla officially makes its charging standard available to other companies
By Peter Valdes-Dapena, CNN Business One of Tesla’s biggest competitive advantages in North America has been its network of chargers that, for…
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Crypto CEO warns his industry faces 2008-style crisis, calls regulator scrutiny ‘a good thing’
By Matt Egan The reeling crypto industry faces a 2008-style crisis that will lead to a much-needed regulatory crackdown, crypto CEO Changpeng Zhao…
Continue ReadingLarry David predicted FTX’s implosion
By Allison Morrow, CNN Business Larry David made a prediction about this week’s crypto meltdown that was prettaaay prettaaay good. In a Super…
Continue ReadingFTX investor sues Tom Brady, Gisele Bundchen and others as crypto contagion spreads
CNN By Allison Morrow, CNN Business The fallout from the spectacular implosion of crypto giant FTX has triggered a cascade of wide-reaching effects:…
Continue ReadingIn less than a week, Sam Bankman-Fried’s $16 billion fortune evaporated
By Allison Morrow, CNN Business Sam Bankman-Fried woke up on Monday still a billionaire, even as his cryptocurrency empire was beginning to unravel.…
Continue ReadingAmericans are feeling worse about the US economy
By Alicia Wallace, CNN Business Consumers were feeling slightly worse about the US economy in November, amid punishing rate hikes and decades-high…
Continue ReadingGulf Arab states can’t give up oil. But they can slash their emissions
By Nadeen Ebrahim, CNN As Western states try to wean themselves off their addiction to hydrocarbons, Gulf oil nations have been pushing back hard,…
Continue ReadingCrypto giant files for bankruptcy as CEO resigns in a stunning downfall
CNN By Matt Egan and Allison Morrow, CNN Business FTX Group said Friday it has filed for bankruptcy in the United States and that its CEO has…
Continue ReadingCrypto giant files for bankruptcy as CEO resigns in a stunning downfall
By Matt Egan and Allison Morrow, CNN Business FTX Group said Friday it has filed for bankruptcy in the United States and that its CEO has resigned,…
Continue ReadingWall Street picks hope over reality… again
By Nicole Goodkind, CNN Business Stocks surged on Thursday in their best day since 2020 after a key inflation indicator came in softer than expected.…
Continue ReadingChina’s Singles Day sales could top 1 trillion yuan even as the economy cools
By Michelle Toh, CNN Business China’s Singles Day, the world’s biggest annual shopping event, is known for regularly smashing sales…
Continue ReadingThe UK economy is sliding into recession and Europe is set to follow
By Hanna Ziady, CNN Business The UK economy shrank in the third quarter, signaling the start of a recession that is likely to hit Europe next. UK GDP…
Continue Reading‘Wakanda Forever’ aims to recreate blockbuster magic. Disney and theaters are counting on it
By Frank Pallotta, CNN Business “Black Panther: Wakanda Forever” hits theaters this weekend, and with it comes the type of anticipation…
Continue ReadingApple curbs AirDrop file sharing on devices in China
By Steven Jiang and Juliana Liu, CNN Apple has limited the use of the AirDrop wireless file sharing function on devices in China, just weeks after…
Continue ReadingIndia’s top court orders release of six people convicted of killing former PM Rajiv Gandhi
By Rhea Mogul and Swati Gupta, CNN India’s top court on Friday ordered the release of six people convicted of killing the country’s…
Continue ReadingChina scraps Covid flight bans, cuts quarantine for inbound travelers
By Kathleen Magramo, CNN Business China has reduced the amount of time travelers entering the country must spend in quarantine and removed a major…
Continue ReadingGap launches its store on Amazon
By Parija Kavilanz, CNN Business Gap announced Thursday that it has officially launched its store on Amazon. While shoppers were able to buy Gap…
Continue ReadingThe US monthly budget deficit dropped to $88 billion in October, down 47% for the year
By Alicia Wallace, CNN Business The US government recorded a monthly budget deficit of $88 billion in October, the Treasury Department reported…
Continue ReadingAlex Jones ordered to pay nearly half a billion dollars to Sandy Hook families in additional damages
By Oliver Darcy and Sonia Moghe, CNN A Connecticut judge on Thursday ordered right-wing conspiracy theorist Alex Jones to pay an additional $473…
Continue ReadingSome relief for consumers: Prices on a few grocery items are actually coming down
By Parija Kavilanz, CNN Business Is there anything at your local grocery store (besides avocados) that’s getting less — not more —…
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