GM just took a stake in a startup that makes imitation leather out of mushrooms
By Peter Valdes-Dapena, CNN Business General Motors’ venture capital arm has invested in a California startup that’s making imitation…
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First on CNN: Next spring the economy will sink into a 1990-style mild recession, Fitch says
By Matt Egan, CNN Business Stubborn inflation and the Federal Reserve’s jumbo-sized interest rate hikes will drive the American economy into a…
Continue ReadingWhy women in leadership roles are more likely than ever to quit
By Jeanne Sahadi, CNN Business When it comes to getting promoted into management, men still have the advantage. And women who do ascend to leadership…
Continue ReadingChina delays the release of GDP and other economic data without explanation amid Party Congress
CNN By Laura He and CNN’s Beijing Bureau, CNN Business China has abruptly delayed the publication of key economic data, one day before its…
Continue ReadingChina delays the release of GDP and other economic data without explanation amid Party Congress
By Laura He and CNN’s Beijing Bureau, CNN Business China has abruptly delayed the publication of key economic data, one day before its…
Continue ReadingMercedes CEO says Europe’s gas crisis will accelerate its shift to renewables
By Michelle Toh, CNN Business Europe’s gas crisis will be “a catalyst” for Mercedes-Benz to push deeper into clean energy, says its…
Continue ReadingUK Prime Minister Liz Truss apologizes for mini-budget ‘mistakes’
By Jorge Engels, Luke McGee and Jessie Yeung, CNN British Prime Minister Liz Truss on Monday apologized for her controversial mini-budget that…
Continue ReadingEU produces record wind and solar energy as it shirks Russian gas
By Christian Edwards, CNN Wind and solar power have made up a record 24% of the European Union’s electricity mix since Russia launched its war…
Continue ReadingWhistleblower claims Donald Trump retaliated against a director who refused to give shares to Melania
CNN, CNN BUSINESS By David Goldman and Matt Egan, CNN Business A former executive at Donald Trump’s media company claims the former President…
Continue ReadingWhistleblower claims Donald Trump retaliated against a director who refused to give shares to Melania
By David Goldman and Matt Egan, CNN Business A former executive at Donald Trump’s media company claims the former President retaliated against…
Continue ReadingTesla Autopilot’s safety questioned after latest fatal motorcycle crash
By Matt McFarland, CNN Business Tesla’s Autopilot was involved in a third fatal motorcycle crash this summer, raising questions about the…
Continue ReadingWhat this mega supermarket merger could mean for your grocery bills
By Nathaniel Meyersohn, CNN Business In a mega-deal that could have a huge impact on grocery shopping in America, Kroger and Albertsons announced…
Continue ReadingFrench government in crisis talks as fuel shortages worsen
By Joseph Ataman, Marguerite Lacroix and Natacha Bracken French President Emmanuel Macron called a crisis meeting with senior ministers on Monday to…
Continue ReadingDow soars back above 30,000
By Paul R. La Monica, CNN Business Stocks rallied sharply Monday, thanks to more strong earnings from big banks and a sigh of relief about new plans…
Continue ReadingUS bank earnings revealed ominous clues about the future of the housing market
By Nicole Goodkind, CNN Business The largest US banks reported relatively solid third-quarter earnings on Friday. But within those reports, investors…
Continue ReadingNew UK finance minister rips up Truss’ economic plan in stunning policy reversal
By Julia Horowitz, CNN Business Britain’s new finance minister announced a comprehensive retreat on the UK government’s tax-and-spending…
Continue ReadingXi Jinping’s speech: yes to zero-Covid, no to market reforms?
By Laura He, CNN Business Even though China’s economy is beset by problems ranging from a real estate crisis to youth unemployment, Xi Jinping…
Continue ReadingXi Jinping’s speech: yes to zero-Covid, no to market reforms?
CNN By Laura He, CNN Business Even though China’s economy is beset by problems ranging from a real estate crisis to youth unemployment, Xi…
Continue ReadingWalmart is now selling over-the-counter hearing aids after FDA rule change
By Parija Kavilanz, CNN Business Walmart announced Monday that its customers can for the first time buy over-the-counter hearing aids without a…
Continue ReadingTesla investors try to look past Elon Musk’s many, many distractions
By Paul R. La Monica, CNN Business Elon Musk now wants to buy Twitter after all. While that’s good news for Twitter’s long-suffering…
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