CNN-Business-Consumer

By Jordan Valinsky, CNN Business Twitter has permanently suspended Newsmax White House correspondent Emerald Robinson for repeatedly posting blatant misinformation about Covid-19 vaccines. The ban comes about a week after she was briefly suspended for violating the company’s policy. Robinson’s account was “permanently suspended for repeated violations of our Covid-19 misinformation policy,” a Twitter spokesperson

Opinion by Julie Wainwright for CNN Business Perspectives It’s a well-kept secret that fashion is one of the dirtiest industries out there, contributing up to 8% of the world’s total carbon footprint, more than all international flights and maritime shipping combined. It’s so under the radar that it’s nowhere to be found on the official

Opinion by Mark Wolfe for CNN Business Perspectives Last month, several senators called on the Biden administration to take action to lower energy costs. Specifically, they urged the administration to increase supply of natural gas and home heating oil by limiting natural gas exports and releasing inventory from the Strategic Petroleum Reserve (SPR). The senators

By Walé Azeez, CNN Business The biggest players in the automotive industry are refusing to back a commitment to sell only zero-emissions cars and vans by 2040, dealing a blow to hopes for major progress on the climate crisis at COP26. The UN climate summit in Glasgow, chaired by the United Kingdom, wanted governments, manufacturers,

By Ariel Edwards-Levy and Jennifer Agiesta, CNN Roughly three-quarters of adults believe Facebook is making American society worse, a new CNN poll conducted by SSRS finds, with about half saying they know somebody who was persuaded to believe in a conspiracy theory because of the site’s content. Americans say, 76% to 11%, that Facebook makes

By Helen Regan and Cape Diamond, CNN American journalist Danny Fenster has been hit with new criminal charges in Myanmar that carry a maximum sentence of life in prison, his lawyer said. Fenster, a 37-year-old from Detroit, Michigan, has been detained in Myanmar for more than five months. He has been denied bail and held

By Laura He, CNN Business China’s inflation headache is getting worse. The cost of goods leaving China’s factories surged by another record rate last month, and there are increasing signs that consumers are starting to feel the pain. The Producer Price Index jumped 13.5% in October from a year ago, accelerating from September’s 10.7%, China’s

By Rhea Mogul and Esha Mitra, CNN A layer of toxic foam coated parts of a sacred river near India’s capital on Wednesday as Hindus gathered on its banks to celebrate a religious festival and some devotees bathed in the waters. The white froth, a mixture of sewage and industrial waste, formed over the last

By Brian Stelter, CNN Business A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free right here. MSNBC has a talent problem on its hands. Brian Williams told network management on Tuesday that he is passing on their offer of a new contract. He is ending a

By Allison Morrow, CNN Business Editor’s note: Sign up for Royal News, a new weekly newsletter from CNN bringing you the inside track on the royal family, what they are up to in public and what’s happening behind palace walls. Sign up here. Meghan, the Duchess of Sussex, opened up Tuesday about her campaign for

By Nathaniel Meyersohn, CNN Business Shoppers are already taking a hit at the grocery store. Soon, even their cheapest meat options will get more expensive. Tyson Foods, Conagra and Kraft Heinz have notified their retail customers in recent weeks that they will raise prices in January for some frozen and refrigerated meats. Products that will

By Chris Isidore, CNN Business Kmart is shuttering its last-remaining store in Michigan, the state where the once-proud retail chain launched in 1899. It’s one of series of store closings that will leave the company with only six locations in the continental United States still in business by year’s end. Kmart is owned by Sears,

By Radina Gigova, CNN Ukraine’s English-language newspaper, the Kyiv Post, has suspended publication after 26 years. Adnan Kivan, the publisher of the Kyiv Post, said the newspaper will close immediately “for a short time” and Chief Editor Brian Bonner “will retire after closing down the operations of the newspaper.” Kivan, a businessman based in Odessa,

By Paul R. La Monica and Chris Isidore, CNN Business General Electric, the industrial conglomerate founded by Thomas Edison in 1892, is breaking up. GE announced plans Tuesday to split into three separate companies. GE will become separate, publicly traded companies for its aviation, healthcare and energy businesses. The company said it hopes to spin

By Michelle Toh, CNN Business Troubles in China’s vast real estate sector could spill over to the global economy — including the United States, according to the Federal Reserve. The US central bank warned Monday that China’s ongoing property woes could elevate “financial stresses in China, [which] could further strain global financial markets and negatively