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Year: 2022

Tesla plans another stock split

By Chris Isidore, CNN Business Tesla is asking its shareholders for permission to split its stock for the second time in two years. This split would come in the form of a dividend, which would pay shareholders additional shares. Most dividends pay cash to investors. The electric car maker did not give details about how

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Huawei still fighting for ‘survival’ as Meng Wanzhou returns to corporate stage

By Michelle Toh, CNN Business Meng Wanzhou, the senior Huawei executive whose detainment in Canada became a flashpoint of US-China tensions, returned to the corporate stage Monday as sanctions continue to slam its business. The chief financial officer’s first appearance since her release came at an earnings presentation in Shenzhen where she took questions from

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January 6 Committee likely to reach out to interview Ginni Thomas in coming weeks, sources say

CNN By Jamie Gangel and Zachary Cohen, CNN Following the revelation of Virginia “Ginni” Thomas’ text messages with then-White House chief of staff Mark Meadows, most members of the House select committee investigating January 6 — including chair Bennie Thompson and vice chair Liz Cheney — believe the panel should interview her, multiple sources familiar

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Elon Musk says he has Covid

By Chris Isidore, CNN Business Elon Musk says he has Covid for a second time, but he is feeling relatively well. In a tweet early Monday, the CEO of Tesla and SpaceX said he “supposedly have it again (sigh), but almost no symptoms.” He previously tested positive for Covid in November 2020, before a vaccine

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Zelensky says Moscow is ‘frightened’ after Kremlin bans his interview

By Nathan Hodge, CNN Business Ukrainian President Volodymyr Zelensky has accused Moscow of being “frightened” by journalists “who can tell the truth” after the Kremlin attempted to prevent Russians seeing an interview he gave about the war in Ukraine. Moscow’s media watchdog Roskomnadzor issued a statement Sunday warning Russian news outlets against rebroadcasting or distributing

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First on CNN: Biden’s environment and energy agencies would see funding boost under proposed budget for fiscal year 2023

By Ella Nilsen, CNN President Joe Biden’s administration is announcing billions in new funding for climate, clean energy and environmental justice programs as part of the President’s proposed budget for fiscal year 2023. Several environmental and science agencies would see significant funding boosts if Congress approves Biden’s budget proposal, shared first with CNN. The US

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Heineken and Carlsberg are leaving Russia

By Chris Liakos, CNN Business European brewers Heineken and Carlsberg said Monday they will exit the Russian market following reviews of their operations triggered by the invasion of Ukraine. Denmark’s Carlsberg, which has 8,400 employees in Russia, said it was seeking a “full disposal” of its business but would maintain operations at a reduced level

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January 6 Committee will seek interview with Ginni Thomas, sources say

By Jamie Gangel and Zachary Cohen, CNN The House Select Committee investigating January 6 will seek an interview with conservative activist Virginia “Ginni” Thomas, wife of Supreme Court Justice Clarence Thomas, according to multiple sources familiar with the investigation. Most members of the House select committee investigating January 6 — including chair Bennie Thompson and

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