Europe is talking about joining the Russian oil embargo
CNN, CNNBUSINESS By Mark Thompson and James Frater, CNN Business Europe will consider joining a US-led embargo of Russian oil this week as the West…
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The world may be facing one of the largest energy shocks ever, Goldman Sachs says
By Matt Egan, CNN Business Russia’s invasion of Ukraine and the West’s crackdown on Moscow has left the world economy exposed to an epic…
Continue ReadingDow jumps more than 700 points after four-day losing streak
CNN, CNNBUSINESS By Paul R. La Monica, CNN Business Stocks surged Wednesday as investors celebrated a drop in crude oil prices. The Dow gained more…
Continue ReadingDow jumps more than 650 points as stocks end four-day losing streak
By Paul R. La Monica, CNN Business Stocks surged Wednesday, snapping a four-day losing streak, as investors celebrated a drop in crude oil prices.…
Continue ReadingSoaring gas prices are hurting Americans. It’s time for more stimulus checks
Opinion by Mark Wolfe for CNN Business Perspectives Rising inflation is hitting all sectors of the economy. The overall rate of inflation on an…
Continue ReadingInvestors nervously wait for Putin’s next move
By Julia Horowitz, CNN Business Oil prices are pulling back and stocks are jumping higher as investors take a beat to consider what Russian President…
Continue ReadingHow Putin ‘destroyed’ the ruble and brought Russia to the brink of default
By Charles Riley, CNN Business Russia has banned its citizens from buying US dollars, completing the isolation of an economy that once had ambitions…
Continue Reading‘It’s a tragedy we are witnessing’
By Jill Dougherty, for CNN A week after Russia invaded Ukraine, the staff of Russia’s last independent TV channel, TV Rain, also known as…
Continue ReadingIHOP launches loyalty program
By Danielle Wiener-Bronner, CNN Business The International House of Pancakes is opening a bank. A pancake bank. That’s the concept for the…
Continue ReadingJoe Biden orders study of cryptocurrency risks and a digital dollar
By Betsy Klein, CNN Business President Joe Biden will sign an executive order Wednesday establishing the first-ever federal strategy on…
Continue ReadingFertilizer giant Yara slashes production in Europe
By Reuters Norway’s Yara, one of the world’s largest fertilizer makers, is curtailing its ammonia and urea output in Italy and France due…
Continue ReadingCathay will fly only 2% of normal passenger capacity as Hong Kong remains sealed off
By Michelle Toh, CNN Business Cathay Pacific plans to continue operating at just minuscule levels as its home city remains largely cut off from the…
Continue ReadingNews outlets make difficult and varying decisions to navigate Russia’s new media law
By Brian Stelter, CNN Business A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free…
Continue ReadingBurger King pulls support from its Russian locations
CNN, CNNBUSINESS By Danielle Wiener-Bronner, CNN Business Burger King is the latest fast food chain to pull corporate support from its businesses in…
Continue ReadingGas prices are spiking. It’s time for another look at plug-in hybrids
By Peter Valdes-Dapena, CNN Business As America shifts towards electric cars, plug-in hybrids are often forgotten. Their potential benefits are lost…
Continue ReadingYou can still find ‘cheap’ gas — if you know where to look
By Chris Isidore, CNN Business The US average price of gas now stands at a record $4.17 a gallon. But gas for less than $4 a gallon can still be…
Continue ReadingLululemon jumps into the footwear business
By Parija Kavilanz, CNN Business Lululemon unveiled a new product Tuesday that speaks to the upscale brand’s ambition to expand into new…
Continue ReadingThe West closes in on Russia’s last lifeline
By David Goldman, CNN Business The United States and Europe have pummeled Russia with unprecedented sanctions over the past several weeks as Vladimir…
Continue ReadingFirst sign of oil price relief: UAE says it wants OPEC to increase production
CNN, CNNBUSINESS By David Goldman and Becky Anderson, CNN Business The oil market has been stretched incredibly thin, with few producers willing —…
Continue ReadingKohl’s says it’s no longer a department store
By Nathaniel Meyersohn, CNN Business Kohl’s is under intense pressure from Wall Street raiders and up against stiff competition from Amazon,…
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