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By Charles Riley, CNN Business Tesla CEO Elon Musk has donated roughly $5.7 billion worth of the electric carmaker’s shares to charity. The donation of 5,044,000 shares was revealed Monday in a filing to the US Securities and Exchange Commission. The shares were gifted last year between November 19 and November 29, according to the

By Chris Isidore, CNN Business If you were to judge the US auto market by this year’s Super Bowl ads, you’d think virtually all the cars for sale in America today are electric vehicles made by the world’s long-established automakers. And you never would have heard of Tesla, the world’s largest EV maker. Traditional automakers

Opinion by Tim Calkins for CNN Business Perspectives The Super Bowl is the biggest single advertising event of the year. Companies line up to spend millions of dollars buying commercial time during the game, and they spend months working on the ads, surveying consumers and testing different creative ideas. But unlike most advertising these days,

By Julia Horowitz, CNN Business Concerns about an imminent Russian invasion of Ukraine are roiling the market for agricultural products like wheat at a time when global food prices are already near 10-year highs. Russia is the world’s top exporter of wheat. Ukraine is also a significant exporter of both wheat and corn. That’s sending

By Paul R. La Monica, CNN Business If Russia invades Ukraine, global stock markets could be in for a rough ride — much worse than most other geopolitical events of the past several decades. A Russian invasion of Ukraine could further disrupt supplies of crude, potentially leading prices that are already their highest in seven

By Diksha Madhok, CNN Business European and Asian stocks fell on Monday after the United States warned that a Russian invasion of Ukraine could happen as soon as this week. But stocks pulled back from their steep selloff on renewed hopes that an armed conflict could be avoided. At mid-day in Europe, London’s FTSE 100

By Michelle Toh, CNN Business The United States is about to get its first initial public offering from a Chinese company in months, even as US-China tensions and regulatory scrutiny remain high. Meihua International Medical Technologies, which sells medical supplies around the world, is expected to debut this week on the Nasdaq in New York.

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. From a marketing perspective, you have to marvel at what NBC has pulled off. The company billed this day as “Super Gold Sunday” because it opened with Winter Olympics action,

By Ramishah Maruf, CNN Business Tesla is recalling over 500,000 vehicles in the United States due to its Boombox feature, a 2020 update that allows drivers to play sounds such a bleating goat or a fart noise outside the vehicle. The Boombox feature allowed drivers to play preset or custom sounds from an external speaker

By Paul R. La Monica, CNN Business Most companies have reported fourth quarter earnings. The biggest takeaway for investors? This is a stock picker’s market. Some companies are thriving while their competitors are not. Just look at how Disney posted blockbuster numbers while Netflix disappointed investors. And the recent stumbles for Facebook owner Meta Platforms

By Alessandra Freitas, CNN When Andre Peart left New York state Bare Hill Correctional Facility in 2018, he didn’t have anywhere to go. He had no apartment or job. He was no longer together with his long-term girlfriend. He didn’t know who to contact or even how. Having spent almost six years incarcerated, he missed

By Rhea Mogul, CNN This time last year Nalin Yadav was detained in an Indian prison, not knowing when he would be let out. “I didn’t understand how or why this happened to me,” said the 26-year-old stand-up comedian, who spent almost two months behind bars. “I couldn’t sleep or eat. I had anxiety attacks.

By Ramishah Maruf, CNN A former Amazon employee was sentenced to 10 months in prison and fined $50,000 for an international fraud and bribery scheme, the Department of Justice (DOJ) announced. Rohit Kadimisetty of Northridge, California, was sentenced Friday after pleading guilty to conspiracy in September 2021. He was one of six people indicted for

By Chris Isidore, CNN Business The United States’ largest trading partner isn’t China, or Mexico. It’s Canada. And the Ambassador Bridge, which separates the US and its neighbor to the north, may be the most economically important one-and-a-half miles of roadway in the Western Hemisphere. Until this past week it got very little attention for

By Chris Isidore, CNN Business Super Bowl tickets have never been a bargain. At least not for the last LIV years or so. But for those looking to attend the big game at SoFi Stadium in Los Angeles on Sunday, the prices won’t be as high as they were only a few weeks ago. There

By Sonia Moghe, CNN Jurors in Sarah Palin’s defamation trial against the New York Times are done deliberating for the day. A jury of nine New Yorkers, made up of five women and four men, deliberated for about two hours starting Friday afternoon. They are expected to resume deliberations Monday at 9:30 a.m. The former

By Allison Morrow, CNN Business The past two years have dramatically altered the retirement calculus for millions of Americans. For some, the threat of contracting Covid-19 pushed them out of the workforce before they were ready. Others found they could retire sooner than they’d planned, thanks to a booming stock market and soaring home prices.