Business Archives

Amazon posted a crypto job. Bitcoin surged 14%

July 26, 2021 11:59 AM CNN Newsource

By Alexis Benveniste, CNN Business Amazon listed a job opening for a digital currency and blockchain product lead, sending cryptocurrencies soaring…

Ratings plunged for the Olympics opening ceremony, but streaming was solid

July 26, 2021 2:01 PM CNN Newsource

By Frank Pallotta, CNN Business The Tokyo Olympics officially kicked off this weekend, and on the face of it, the ratings for Friday’s opening…

Crocs CEO: It’s a polarizing brand, but that’s our strength

July 22, 2021 2:08 PM CNN

Crocs CEO Andrew Rees acknowledges Crocs aren’t for everyone but that the company welcomes the “tension” the criticism brings. He also addresses the…

Inflation is here. The Delta variant could make it worse

July 21, 2021 4:35 AM CNN Newsource

By Matt Egan, CNN Business The biggest question facing the US economy is when skyrocketing consumer prices will come back to earth. The emergence of…

Jamie Dimon awarded hundreds of millions of dollars to stay at JPMorgan for the foreseeable future

July 21, 2021 3:59 AM CNN Newsource

By Rob McLean, CNN Business JPMorgan Chase really, really wants CEO Jamie Dimon to stick around. The investment bank awarded Dimon 1.5 million stock…

Why Netflix isn’t pressing the panic button

July 21, 2021 4:41 AM CNN Newsource

By Charles Riley, CNN Business Netflix lost 433,000 subscribers in the United States and Canada during the second quarter, according to financial…

Economist explains why there are so many job openings

July 20, 2021 10:56 AM CNN

Wages are going up as companies struggle to fill open jobs. Nela Richardson, Chief Economist at ADP Research Institute, explains why these increases…

Is the grass greener on the other side?

July 19, 2021 10:41 PM Joe Teposte, Brandon Mejia

Job reports are showing the present job market is a job seeker’s dream. And, that means employers are offering increase pay and incentives for those…

White House to reverse Trump-era showerhead rule

July 19, 2021 7:56 AM CNN, Cole Johnson

The Department of Energy is moving to reverse a rollback of water efficiency standards that took place during former President Donald Trump’s final…

Oatly stock falls more than 9% after short seller attacks company’s practices

July 15, 2021 2:10 PM CNN Newsource

By Alexis Benveniste, CNN Business Oatly’s stock fell more than 9% before recovering slightly Thursday after a hedge fund accused the company…

Subway CEO: We changed everything — except our tuna

July 14, 2021 4:15 AM CNN Newsource

By Julia Chatterley, CNN Business Subway restaurants are getting a makeover. But they’re slapping on more than just a fresh coat of paint:…

Microsoft to buy cybersecurity firm as threats mount

July 13, 2021 7:23 AM CNN, Cole Johnson

Microsoft says it will buy ‘Risk IQ,’ a cyber security firm in hopes that it will help in the fight against…

Career expert says to refresh your digital skills

July 12, 2021 6:11 PM Joe Teposte, Jenny Day

Being computer literate is a fact of life in the modern age. Companies the world over rely on networks to manage their companies.…

Biden to sign executive order to increase labor competition

July 8, 2021 8:09 AM CNN, Cole Johnson

The White House says President Joe Biden will sign an executive order aimed at increasing competition in labor markets.…

Salton Sea lithium project promises to bring jobs to Imperial County

July 5, 2021 4:16 PM Vince Ybarra, Brandon Mejia

Lithium is what is used to make batteries for electric cars. According to Assembly member Eduardo Garcia, the Salton Sea is an area where this…

Bezos to officially step down as CEO

July 5, 2021 8:06 AM CNN, Cole Johnson

Big changes are ahead at Amazon as Jeff Bezos will officially step down from his role as CEO on…

U.S. deficit expected to hit $3 trillion in 2021

July 2, 2021 8:00 AM Cole Johnson, CNN

The Nonpartisan Congressional District Budget Office expects the U.S. budget deficit to hit $3 trillion this…

The US economy added 850,000 jobs in June

July 2, 2021 6:03 AM CNN

America’s labor market is still far from being back to normal – down 6.8 million jobs compared with February 2020. CNN’s Christine Romans…

Robinhood settles lawsuit over 20-year-old trader who died by suicide

July 1, 2021 11:22 AM CNN Newsource

Robinhood has settled a wrongful death lawsuit filed by the family of a 20-year-old trader who died by suicide after seeing a negative account…

An 82-year-old woman trained to be an astronaut sixty years ago. Now she’s going to space with Jeff Bezos

July 1, 2021 9:51 AM CNN

After a half-century of waiting, Wally Funk — who trained for NASA’s Mercury program but was denied the opportunity to go to space — is finally…