GM earnings jump even as sales sink during the global chip shortage
General Motors posted strong first-quarter earnings and said it’s on track to hit the high end of its full-year profit target despite the…
Continue ReadingGeneral Motors posted strong first-quarter earnings and said it’s on track to hit the high end of its full-year profit target despite the…
Continue ReadingAs the pandemic crushed the US economy last spring, sawmills shut down lumber production to brace for a housing slump. The slump never arrived and…
Continue ReadingBy Julia Chatterley, CNN Business Dogecoin is tumbling after a stunning start to the year. Brian Brooks, the new CEO of crypto exchange Binance, says…
Continue ReadingBy Chauncey Alcorn, CNN Business Business leaders joined a chorus of Americans in applauding the conviction of former Minneapolis police officer…
Continue ReadingBy Kaitlan Collins, Jeff Zeleny and Kate Sullivan, CNN President Joe Biden is preparing to outline the next step of his economic agenda during a…
Continue ReadingBy AJ Willingham, CNN Severe storms are going to roll through the Southeast this weekend, teeing up an active few days of rough weather. Here’s…
Continue ReadingBy Anneken Tappe, CNN Business US stocks tumbled Thursday over investors’ worries about higher taxes. All three major indexes closed deep in…
Continue ReadingBy Anneken Tappe, CNN Business Claims for unemployment benefits went down more than expected last week. That’s good news. Economists are…
Continue ReadingBy Frank Pallotta, CNN Business Netflix is synonymous with streaming, but its competitors have a distinct advantage that threatens the streaming…
Continue ReadingWith stocks enjoying a strong start to 2021, investors are continuing to plow more money into exchange-traded funds — especially ones that are…
Continue ReadingSerial entrepreneur Gary Vaynerchuk is selling a new use case for NFT: “Smart event” tokens that have real value rather than digital art.…
Continue ReadingWhen Treasury Secretary Janet Yellen speaks, investors listen. And on Tuesday, they didn’t like what they heard. The details: At an event…
Continue ReadingA Philadelphia restaurant is trying to make customers feel more comfortable by making clear its employees are vaccinated. Most of the staff members…
Continue ReadingBig banks and accounting firms do most of their business in New York, London, Hong Kong and Tokyo. But they wouldn’t be able to function…
Continue ReadingBill and Melinda Gates announced the end of their 27-year relationship Monday, shocking the business and philanthropic worlds. “After a great…
Continue ReadingVitalik Buterin, a 27-year-old Russian-Canadian programmer, created ethereum in 2013 when he was 19. The cryptocurrency launched in 2015, and now…
Continue ReadingEditor’s note: This story and headline have been corrected. An earlier version overstated the number of gun sales that have been recorded in…
Continue ReadingKrispy Kreme is preparing to go public. The doughnut company said on Tuesday that it has confidentially filed paperwork related to a public offering…
Continue ReadingHunter S. Thompson once wrote, “There is nothing in the world more helpless and irresponsible and depraved than a man in the depths of an ether…
Continue ReadingDemand for goods is skyrocketing as the US economy reopens from the pandemic. But there’s a big problem: American factories can’t find…
Continue Reading