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By Ramishah Maruf, CNN Business As more of Facebook’s internal documents are revealed, Facebook Oversight Board member and PEN America CEO Suzanne Nossel emphasized that the platform must do a better job with transparency. The Oversight Board’s first report, released last week, revealed that the group of independent content moderators prompted Facebook to restore more

By Eliza Mackintosh, CNN Facebook employees repeatedly sounded the alarm on the company’s failure to curb the spread of posts inciting violence in “at risk” countries like Ethiopia, where a civil war has raged for the past year, internal documents seen by CNN show. The social media giant ranks Ethiopia in its highest priority tier

By Diksha Madhok, CNN Business PayPal is not looking to buy Pinterest, the digital payments company said Sunday, following reports that it was exploring yet another big-ticket acquisition. In a succinct statement made “in response to market rumors,” PayPal said it’s “not pursuing an acquisition of Pinterest at this time.” Shares in PayPal gained 6.7%

By Laura He, CNN Business Evergrande is starting to pay off its overdue debts and restart stalled real estate projects. Now the embattled Chinese developer is reportedly signaling that it wants to move away from housing and focus on cars. Chairman Xu Jiayin, also known as Hui Ka Yan in Cantonese, said Friday that the

By Diksha Madhok, CNN Business The parody cryptocurrency shiba inu coin just climbed to an all-time high and is one of the biggest digital currencies by market value. Shiba coin — which appears to be inspired by dogecoin, itself a meme currency — is up more than 40% over the last seven days, according to

By Helen Regan, CNN Business China plans to cut its reliance on fossil fuels to below 20% by 2060, according to a cabinet document published in state media Sunday. While the document detailed new measures on how the world’s biggest polluter will decarbonize, the country is not updating its pledge to reduce emissions. The guidelines

By Anneken Tappe, CNN Business America’s worker shortage is alive and well, much to the misfortune of US companies that need staff to keep up with demand. The National Association of Business Economics (NABE) found that nearly half — 47% — of respondents to its Business Conditions Survey reported a shortage of skilled workers in

By Frank Pallotta, CNN Business “Dune” — the science fiction epic from Warner Bros. — took in an estimated $40.1 million at the North American box office this weekend. The total exceeded expectations that had the film earning about $30 million. It was also the largest opening for Warner Bros. this year and capped off

By Stefano Pozzebon When Beatriz Porras was studying agronomy at university in Tunja, Colombia, she thought her career would lead to growing coffee, like her parents, or flowers, the traditional agricultural staples for the country’s export market. Back then, growing marijuana was illegal, and security forces targeted plantations with forced eradication campaigns aimed at stemming

Opinion by Bill Carter for CNN Business Perspectives I don’t know what people expected from “The Sopranos” prequel movie, “The Many Saints of Newark,” but many of the reactions have been along the lines of, “It’s good; but not as good as the TV show.” (That happens to be mine, as well.) Meanwhile, some of

By Julia Horowitz, CNN Business You’ve already noticed prices going up at the supermarket and the drugstore. Unfortunately, more sticker shock could be around the corner. What’s happening: Companies that make consumer goods are announcing price increases left and right. Faced with persistent higher costs, they don’t expect the situation to moderate any time soon.

By Frank Pallotta, CNN Business “Saturday Night Live” offered audiences not one, not two, but three Joe Biden’s on Saturday night. The NBC variety show opened Saturday’s episode with President Biden, played by James Austin Johnson, bummed out that no one likes him as much as they used to. “I don’t understand. People used to

By Ramishah Maruf, CNN Business Walmart announced its corporate employees will return to the office during the week of Nov. 8, the company said Friday. “We had a way of working before the pandemic and we developed an effective way of working during the pandemic. Now, I’m excited about our new, more flexible way of

By Jordan Valinsky, CNN Business Black Friday always starts early, but this year, the holiday shopping bonanza is kicking off earlier than ever — more than a month sooner than usual. Major retailers are pushing people to shop earlier than ever this year so shoppers can grab some deals — if they can find them

By Jordan Valinsky, CNN Business SkyWest, a regional airline that operates flights for several major US carriers, has canceled and delayed thousands of flights over the past two days. The airline explained that it experienced an “operational disruption” on Thursday, and that the cancellations and delays cascaded into Friday because it had to get “crew

By Chris Isidore, CNN Business Shellie Parsons never thought she’d be supporting an effort to win union representation at the Dollar General store where she’s worked for a bit more than a year. “I was actually against unions,” said the 37-year-old single mom. “I’d heard a lot of bad things about the unions.” She liked

By Paul R. La Monica, CNN Business The housing market is showing no significant signs of slowing, despite some concerns that prices may be close to peaking as mortgage rates climb. Housing starts in September were up from a year ago, while existing home sales topped economists’ forecasts and rose from August levels. Even as