Tesla delivered 343,000 cars in the third quarter, falling short of forecasts
CNN By Ramishah Maruf, CNN Tesla announced its delivery and production numbers for the third quarter Sunday, reporting 343,000 total deliveries and…
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Disney pulls its content from Dish and Sling TV over rate disagreement
Bridget O’Brian, CNN Business Disney has blocked its content from being shown on Dish TV and Sllng TV channels after the companies were unable…
Continue ReadingHow Spam became cool again
By Nathaniel Meyersohn, CNN Business Spam is cool. The 85-year-old canned block of meat has undergone a cultural reinvention. Hormel has sold a…
Continue ReadingTesla robot slowly walks on stage at AI Day
By Matt McFarland, CNN Business Tesla revealed on Friday a prototype of a humanoid robot that it says could be a future product for the automaker.…
Continue ReadingFlorida farms are underwater and without power, pushing back critical planting season
CNN By Vanessa Yurkevich, CNN Business About 15% of Nick Wishnatzki’s 650-acre family strawberry farm sustained damage from Hurricane Ian. His…
Continue ReadingFlorida farms are underwater and without power, pushing back critical planting season
By Vanessa Yurkevich, CNN Business About 15% of Nick Wishnatzki’s 650-acre family strawberry farm sustained damage from Hurricane Ian. His…
Continue ReadingFlorida reporter describes what it has been like to cover Ian’s destruction: Areas are ‘completely decimated’
By Oliver Darcy, CNN Business Daniel Glaun woke up on Thursday morning not knowing whether or not his home had fallen victim to Hurricane Ian. Glaun,…
Continue ReadingDow suffers worst month since March 2020
By Paul R. La Monica, CNN Business September was a horrible month for stocks. The Dow fell nearly 9%, its worst monthly drop since March 2020, when…
Continue ReadingAmericans are still weighed down by high inflation, though sentiment is improving
By Tami Luhby and Alicia Wallace, CNN Americans are feeling more positive about the economy and believe inflation will settle down — but plenty of…
Continue ReadingEurope faces ‘scary situation’ following mysterious pipeline leaks, former US regulator says
By Matt Egan The apparent sabotage of the Nord Stream pipelines running from Russia underscore Europe’s massive energy vulnerabilities, former…
Continue ReadingEurope faces ‘scary situation’ following mysterious pipeline leaks, former US regulator says
CNN By Matt Egan The apparent sabotage of the Nord Stream pipelines running from Russia underscore Europe’s massive energy vulnerabilities,…
Continue ReadingAnother major brand is discounting its extra inventory
By Nathaniel Meyersohn, CNN Business Add Nike to the list of brands and stores discounting excess merchandise to clear it off shelves. Nike said…
Continue ReadingHurricane Ian could be Florida’s costliest storm ever
CNN By Chris Isidore, CNN Business Hurricane Ian may have caused as much as $47 billion in insured losses, according to the latest estimate, which…
Continue ReadingGM’s Cruise wants to add 5,000 more robotaxis to American streets. This city warns it could backfire
By Matt McFarland, CNN Business GM’s self-driving car subsidiary Cruise said earlier this year that it wants to add as many as 5,000 more…
Continue ReadingHurricane Ian could be Florida’s costliest storm ever
By Chris Isidore, CNN Business Hurricane Ian may have caused as much as $47 billion in insured losses, according to the latest estimate, which could…
Continue ReadingSpanx names a new CEO
By Parija Kavilanz, CNN Business Spanx, a brand founded by shapewear pioneer Sara Blakely, has named Kim Jones her successor as CEO. The…
Continue ReadingEU agrees to tax windfall oil and gas profits amid ‘insane race’ to tame energy crisis
By Anna Cooban, CNN Business EU governments agreed Friday to tax the windfall profits of oil and gas companies and to cap the revenues of some…
Continue ReadingFed’s preferred measure of inflation shows prices surged again last month
Martha C. White for CNN Business After hitting an alarming 40-year high in June, the Federal Reserve’s preferred benchmark for consumer…
Continue ReadingCan Porsche cure an ailing IPO market?
By Nicole Goodkind, CNN Business Warnings of global recession are widespread, inflation is persistent and Russia is escalating the crisis in Europe.…
Continue ReadingThe UK economy still hasn’t recovered from the pandemic. Now it’s on the ropes again
By Mark Thompson, CNN Business There was good news and bad in Friday’s revised data about the UK economy. It grew — marginally — in the…
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