Price of war: UK and EU throw $500 billion at energy subsidies
By Lauren Kent and Anna Cooban, CNN Business The United Kingdom on Thursday confirmed plans to subsidize energy bills for households and businesses,…
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Big oil companies are spending millions to appear ‘green.’ Their investments tell a different story, report shows
By Lauren Kent, CNN Big oil companies are spending millions to portray themselves as taking action on climate change, but their investments and…
Continue Reading Tesla Model Y’s Autopilot gets highest grade in European safety tests
By Matt McFarland, CNN Business The Tesla Model Y received the highest grade of any vehicle in a European safety test that ranked driver-assist…
Continue Reading Oil slides to fresh seven-month lows as selloff deepens
By Matt Egan Oil prices dropped sharply on Wednesday, deepening a selloff that has already brought relief to drivers at the gas pump. US oil tumbled…
Continue Reading Oil slides to fresh seven-month lows as selloff deepens
CNN, CNNBUSINESS By Matt Egan Oil prices dropped sharply on Wednesday, deepening a selloff that has already brought relief to drivers at the gas…
Continue Reading Reality is setting in for GameStop stock
By Paul R. La Monica, CNN Business Billionaire Ryan Cohen profited big when he briefly invested in struggling retailer Bed Bath & Beyond and…
Continue Reading Cineworld, the world’s second largest movie theater chain, files for bankruptcy
By Frank Pallotta, CNN Business Cineworld Group — the world’s second largest movie theater chain and owner of Regal Cinemas — said…
Continue Reading Major League Baseball players union joins the AFL-CIO
By Chris Isidore, CNN Business The Major League Baseball Players Association is joining the AFL-CIO, the nation’s largest labor federation that…
Continue Reading The British pound hasn’t been this weak since Margaret Thatcher was prime minister
By David Goldman, CNN Business The British pound fell to a 37-year low against the US dollar Wednesday as the United Kingdom grapples with a series…
Continue Reading The British pound hasn’t been this weak since Margaret Thatcher was prime minister
CNN By David Goldman, CNN Business The British pound fell to a 37-year low against the US dollar Wednesday as the United Kingdom grapples with a…
Continue Reading Tesla’s ‘full self-driving’ isn’t worth $15,000, say many who bought it
By Matt McFarland, CNN Business Tesla’s price for the feature it calls “full self-driving” has increased again. This time to…
Continue Reading The UK is preparing a huge energy bailout that could cost $172 billion
By Anna Cooban, CNN Business The United Kingdom’s new prime minister is reportedly preparing to commit as much as £150 billion ($172 billion)…
Continue Reading Price of war: UK and EU throw $500 billion at energy subsidies
CNN By Lauren Kent and Anna Cooban, CNN Business The United Kingdom on Thursday confirmed plans to subsidize energy bills for households and…
Continue Reading Billionaire: The Fed won’t say it out loud, but it really wants a higher unemployment rate
By Matt Egan, CNN Business For many years after the Great Recession, the Federal Reserve did everything in its power to lower the unemployment rate.…
Continue Reading Billionaire: The Fed won’t say it out loud, but it really wants a higher unemployment rate
CNN, CNN BUSINESS By Matt Egan, CNN Business For many years after the Great Recession, the Federal Reserve did everything in its power to lower the…
Continue Reading Kim Kardashian’s next gig: Wall Street investor
By Jordan Valinsky, CNN Business Kim Kardashian is entering the world of private equity. She’s partnering with Jay Sammons, a former executive…
Continue Reading Serena Williams’ farewell match smashes ESPN ratings records
CNN By Jordan Valinsky, CNN Business Serena Williams’ loss last week at the US Open, likely her final match, made history for ESPN. The roughly…
Continue Reading Serena Williams’ farewell match smashes ESPN ratings records
By Jordan Valinsky, CNN Business Serena Williams’ loss last week at the US Open, likely her final match, made history for ESPN. The roughly…
Continue Reading Water is in short supply. Markets should pay attention
By Nicole Goodkind, CNN Business The world is in desperate need of water. Drought and increasing temperatures have threatened to impact nearly every…
Continue Reading As China’s economy slows, one industry is seeing record profits: Covid testing
By Laura He, CNN Business China’s zero-Covid strategy of endless testing and lockdowns has hammered its economy and taken a toll on company…
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