New dads are ‘losers’ if they take 6 months paternity leave, prominent venture capitalist says
By Jordan Valinsky, CNN Business A prominent venture capitalist is under fire for calling new dads “losers” if they take months of…
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High oil prices are unlikely to last, Chevron CFO tells CNN
CNN, CNNBUSINESS By Matt Egan, CNN Business Oil prices are unlikely to stay elevated for long, Chevron’s chief financial officer told CNN.…
Continue ReadingHome heating prices are skyrocketing, and there’s nothing Biden can do about it
By Matt Egan, CNN Business Americans are already dealing with sticker shock at the grocery store and when filling up at the pump. Next up: Home…
Continue ReadingWall Street Journal reporters object while opinion section prints Trump’s letter to the editor
By Brian Stelter, CNN Business The Wall Street Journal’s Opinion section published a lengthy letter to the editor from Donald Trump on…
Continue ReadingWall Street Journal reporters object while opinion section prints Trump’s letter to the editor
CNN By Brian Stelter, CNN Business A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for…
Continue ReadingFord shares soar on raised earnings outlook and restored dividend
By Chris Isidore, CNN Business As with most automakers, Ford’s earnings took a hit from the supply chain problems and computer chip shortage.…
Continue ReadingHow stablecoin is different than other cryptocurrencies … and how it’s not
By Jeanne Sahadi, CNN Business Cryptocurrencies are usually characterized by wild price swings and extreme volatility. But there is one…
Continue ReadingAvis Budget stock is soaring thanks to the rental car boom
CNN, CNNBUSINESS By Paul R. La Monica, CNN Business Hertz has made a lot of headlines lately thanks to its deals with Tesla and Uber. Wall Street has…
Continue ReadingUber CEO: We hope our drivers end up buying the Teslas they rent through Hertz
Anna Cooban for CNN Business Uber CEO Dara Khosrowshahi said he hopes drivers who rent Teslas through Hertz will eventually end up buying them. Hertz…
Continue ReadingCostco raised its minimum wage to $17 an hour
CNN, CNNBUSINESS By Nathaniel Meyersohn, CNN Business Costco this week raised its starting wage for hourly store workers in the United States for the…
Continue ReadingCostco raised its minimum wage to $17 an hour
By Nathaniel Meyersohn, CNN Business Costco this week raised its starting wage for hourly store workers in the United States for the second time this…
Continue ReadingThe housing crisis will continue if Congress fails to address its root cause
Opinion by Jim Parrott and Mark Zandi for CNN Business Perspectives The nation faces a dramatic housing shortage, sending home prices and rents…
Continue ReadingJohn Deere worker is struck and killed by a car while walking to the picket line Wednesday
By Vanessa Yurkevich, CNN Business A John Deere worker who was walking to the picket line Wednesday in Milan, Illinois, was struck and killed by a…
Continue ReadingMarjorie Taylor Greene invested as much as $50,000 in the Trump SPAC before its stock plunged
By Matt Egan, CNN Business Georgia Rep. Marjorie Taylor Greene bought as much as $50,000 worth of shares in a shell company that is merging with…
Continue ReadingBitcoin’s slide from record highs is a warning for crypto investors
By Paul R. La Monica, CNN Business Only a week ago, Bitcoin hit an all-time high of nearly $67,000. But investors have been dumping the world’s…
Continue ReadingCigarette sales in America were falling. Then Covid hit
By Allison Morrow, CNN Business We all had to find our own ways to cope with the pandemic lockdowns last year. Some people bought Pelotons and baked…
Continue ReadingNo one seems worried about a housing bubble. Just like last time the bubble burst
By Chris Isidore, CNN Business Housing prices are surging to new records with no end in sight. They’re being fueled by historically low…
Continue ReadingBoeing’s 737 Max problems are improving, but plenty of other issues loom
By Chris Isidore, CNN Business Boeing’s 737 Max troubles are improving, the company’s quarterly results released Wednesday showed — but…
Continue ReadingSpanx employees given $10,000 and two first-class plane tickets
CNN By Amy Woodyatt, CNN Business The chief executive and founder of shapewear company Spanx has surprised employees with two first-class plane…
Continue ReadingThe first new Range Rover in a decade faces tougher competition
CNN, CNN BUSINESS By Peter Valdes-Dapena, CNN Business Land Rover just unveiled what will be the first new, redesigned Range Rover in a decade. This…
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