Hyundai and Kia are going big with upcoming electric vehicles
By Peter Valdes-Dapena, CNN Business Hyundai and Kia look to be going big with their future electric SUVs. The South Korean automaker siblings both…
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WTA threat to quit China over Peng Shuai’s disappearance puts Porsche and SAP in a bind
By Walé Azeez, CNN Business The threat by the Women’s Tennis Association (WTA) to quit China after one of its stars, Peng Shuai, disappeared…
Continue Reading Fleet operators want Teslas. But not ‘full self-driving’
By Matt McFarland, CNN Business Westport, Connecticut police chief Foti Koskinas would love it if his patrol cars could drive themselves, but his…
Continue Reading Oil selloff intensifies on Covid fears and risk of US-China intervention
By Matt Egan, CNN Business The oil market has gone from booming to busting, much to the relief of inflation-weary American drivers ahead of the…
Continue Reading ‘Ghostbusters: Afterlife’ hits theaters. Will audiences answer the call?
By Frank Pallotta, CNN Business In 1984, a film about three New York City owners of an unconventional startup took the country by storm, leading…
Continue Reading CVS is closing 900 stores, and the big winner is Dollar General
By Nathaniel Meyersohn, CNN Business CVS is heading in the wrong direction: Traditional pharmacies are on the decline, and America’s largest…
Continue Reading Two Senate Democrats urge Biden not to keep Jerome Powell at the helm of the Fed
By Matt Egan, CNN Business Democratic Senators Sheldon Whitehouse and Jeff Merkley on Friday came out against to keeping Jerome Powell at the helm of…
Continue Reading Macy’s stock, once left for dead, is roaring back to life
By Julia Horowitz, CNN Business In spring 2020, in the depths of coronavirus lockdowns, investors couldn’t dump Macy’s stock fast enough.…
Continue Reading One week until Black Friday. Investors have already loaded up the shopping carts with retail stocks
By Paul R. La Monica, CNN Business It’s no secret that consumers love Amazon, Walmart and Target. But they are not the only retailers that…
Continue Reading Alibaba shares plunge nearly 11% after warning of slower growth
By Laura He and Paul R. La Monica, CNN Business Shares of Alibaba plummeted in Hong Kong on Friday after the tech giant warned of weaker growth this…
Continue Reading Press Freedom Awards ceremony stands up for journalists in ‘increasingly repressive world’
By Brian Stelter, CNN Business A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free…
Continue Reading India’s Prime Minister Modi to repeal controversial farm laws following more than a year of protests
By Manveena Suri, Vedika Sud, Arpit Goel and Rhea Mogul, CNN India’s Prime Minister Narendra Modi said Friday he would repeal three contentious…
Continue Reading Hoffa critic elected to succeed him as Teamster president
By Chris Isidore, CNN Business Sean O’Brien will be the next president of the 1.4-million member Teamsters union, succeeding James Hoffa, the…
Continue Reading The ‘Great Migration’ during Covid may not have actually happened
By Alicia Wallace, CNN Business The “Great Migration” may not be as pronounced as once thought. The US Census Bureau this week released…
Continue Reading Shares of Sweetgreen soar following Wall Street debut
By Danielle Wiener-Bronner, CNN Business Wall Street is hungry for fancy salads. Sweetgreen’s stock nearly doubled in price mid-day Thursday,…
Continue Reading A group of crypto investors tried to buy a copy of the Constitution. It didn’t work out
By Paul R. La Monica, CNN Business A group of cryptocurrency investors took the notion “We the people” from the US Constitution to the…
Continue Reading We tried Tesla’s ‘full self-driving.’ Here’s what happened
By Matt McFarland, CNN Business When a dozen small children crossed in front of our Tesla with “full self-driving,” I had good reason to…
Continue Reading Trump SPAC must be investigated, Elizabeth Warren demands
By Matt Egan, CNN Business Democratic Senator Elizabeth Warren wants federal regulators to investigate whether any laws were broken by the shell…
Continue Reading Inflation is coming for your cup of coffee next
By Matt Egan, CNN Business Not even coffee is immune to the powerful forces of extreme weather and inflation. Coffee futures climbed on Thursday to…
Continue Reading CVS is closing 900 stores
By Jordan Valinsky, CNN Business CVS Health is closing 900 stores over the next three years, amounting to nearly 10% of its footprint, in response to…
Continue Reading Nearly half of Victoria’s Secret’s holiday products have been stuck at ports or in transit
By Parija Kavilanz, CNN Business Victoria’s Secret says that nearly 50% of its holiday merchandise is stuck in transit as Black Friday quickly…
Continue Reading How to find lower prices and avoid empty shelves during the holiday shopping rush
By Nathaniel Meyersohn, CNN Business By now, everyone knows about supply chain chaos and rising inflation that are disrupting the holiday shopping…
Continue Reading Alibaba warns of slower growth after missing Wall Street’s earnings estimates
By Paul R. La Monica, CNN Business Alibaba reported sales and earnings for the third quarter that missed forecasts and warned that results for the…
Continue Reading Cathay Pacific fires three pilots who caught Covid-19 in Germany
By Duarte Mendonca, CNN Cathay Pacific has fired three pilots after they were infected with coronavirus in the German city of Frankfurt. The Hong…
Continue Reading This holiday shopping season is going to be tough. Here are 4 ways to keep from overspending
Opinion by Catherine Franssen for CNN Business Perspectives As supply chain disruptions continue to impact businesses around the globe, consumers…
Continue Reading Oil prices are finally falling. Thank China and Joe Biden
By Julia Horowitz, CNN Business The price of oil has shot up this fall, boosting profits for major producers but hurting the wallets of drivers who…
Continue Reading Thanksgiving dinner will cost Americans 14% more this year, survey finds
By Vanessa Yurkevich, CNN Business Thanksgiving dinner will cost 14% more this year, according to new survey by the American Farm Bureau Federation.…
Continue Reading Starbucks and Amazon Go open concept store in New York City
By Danielle Wiener-Bronner, CNN Business Starbucks is leaning into tech with its new concept store. Essentially, it’s a mashup of a regular…
Continue Reading Europe was already facing a winter gas crisis. The risks just got even bigger
By Julia Horowitz, CNN Business When Germany announced this week that it had suspended the process of certifying a controversial new Russian gas…
Continue Reading Warren Buffett-backed Paytm crashes 27% after milestone IPO for India
By Diksha Madhok, CNN Business It’s turning into a monumental year for India’s stock market, as yet another big startup makes its public…
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