CNN-Business-Consumer Archives

Teen’s Tesla hack shows how vulnerable third-party apps may make cars

February 2, 2022 12:25 PM CNN Newsource

By Matt McFarland, CNN Business A German teenager says he found a vulnerability in an app installed in some Teslas, which allowed him the ability to…

PayPal warns that consumer spending is about to fall sharply

February 2, 2022 11:41 AM CNN Newsource

By Paul R. La Monica, CNN Business Omicron, inflation and a lack of government stimulus have some Venmo users nervous about spending money from their…

Exclusive: Wendy’s unveils its first new breakfast item in two years

February 2, 2022 10:14 AM CNN Newsource

By Jordan Valinsky, CNN Business Wendy’s is expanding its breakfast menu for the first time since launching it nearly two years ago. Beginning…

Starbucks is planning even more price hikes this year

February 2, 2022 10:13 AM CNN Newsource

By Danielle Wiener-Bronner, CNN Business Starbucks has been hiking prices as inflation soars and labor costs rise. And it’s planning more this…

CNN President Jeff Zucker resigns over consensual relationship with key lieutenant

February 2, 2022 9:42 AM CNN Newsource

By Brian Stelter and Oliver Darcy, CNN Business CNN Worldwide president Jeff Zucker, the influential news executive who reshaped the iconic network,…

The titans of Wall Street are getting much bigger paychecks

February 2, 2022 8:50 AM CNN Newsource

By Paul R. La Monica, CNN Business Big Wall Street firms enjoyed a stellar 2021 thanks to a booming stock market and a frenzy of mergers and initial…

OPEC and Russia keep promising to pump more oil. They’re not delivering

February 2, 2022 7:11 AM CNN Newsource

By Charles Riley, CNN Business Here’s one big reason oil prices are near a seven-year high: OPEC and Russia are producing less than they…

America lost 301,000 private-sector jobs in January, ADP says

February 2, 2022 6:41 AM CNN Newsource

By Anneken Tappe, CNN Business Omicron threw a wrench into America’s economy at the start of 2022: The US private sector lost hundreds of…

It’s peak ski season in Utah but droves of employees are sick. This is the result

February 2, 2022 6:35 AM CNN Newsource

Opinion by Rhonda Sideris and Heleena Sideris for CNN Business Perspectives Like many other businesses, we’ve been through our fair share of…

Google just made its stock much more affordable

February 2, 2022 5:56 AM CNN Newsource

By Julia Horowitz, CNN Business Not everyone has thousands of dollars on hand to purchase a single share of Google. Soon, investors won’t have…

Thousands of flights are canceled as a massive winter storm tears across the US

February 2, 2022 5:42 AM CNN Newsource

By Jordan Valinsky, CNN Business US airlines have canceled thousands of flights for Wednesday and Thursday as a powerful winter storm packing ice,…

Europe’s plan to call natural gas ‘sustainable’ triggers backlash from climate campaigners

February 2, 2022 4:58 AM CNN Newsource

By Ivana Kottasová and Angela Dewan, CNN The European Commission is coming under criticism after unveiling a long-delayed proposal to designate…

The restaurant business will probably never recover from Covid

February 2, 2022 4:03 AM CNN Newsource

By Vanessa Yurkevich, CNN Business The restaurant industry will likely never return to its pre-pandemic state, according to the National Restaurant…

China’s biggest Lunar New Year release is another Korean War propaganda movie

February 2, 2022 12:03 AM CNN Newsource

By Laura He, CNN Business The Chinese box office has raked in $314 million so far during the Lunar New Year holiday, largely thanks to a patriotic…

Inside ABC News, some staffers accepted Whoopi Goldberg’s apology while others sought action

February 1, 2022 10:34 PM CNN Newsource

By Oliver Darcy, CNN Business A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free…

ABC News suspends ‘The View’ host Whoopi Goldberg

February 1, 2022 8:38 PM CNN Newsource

By Oliver Darcy, CNN Business ABC News suspended “The View” host Whoopi Goldberg for two weeks on Tuesday night, hours after she…

GM posts record earnings despite chip shortage

February 1, 2022 2:38 PM CNN Newsource

By Chris Isidore, CNN Business General Motors reported record earnings for 2021, despite struggling with a shortage of computer chips and other parts…

America’s national debt surpasses $30 trillion for the first time

February 1, 2022 2:23 PM CNN Newsource

By Matt Egan, CNN Business America’s national debt just hit another sobering milestone. Total public debt outstanding is now above $30…

Next up: Wireless charging for your car

February 1, 2022 12:39 PM CNN Newsource

By Peter Valdes-Dapena, CNN Business In a few years, cars going down a road in a historic section of Detroit will theoretically be able to charge…

Joe Rogan’s path from reality host to Covid controversy king

February 1, 2022 11:59 AM CNN Newsource

By Allison Morrow, CNN Business If Joe Rogan wasn’t already a household name before last week, he almost certainly is now. His Spotify-based…

Spotify wants Joe Rogan and every musician. That’s proving impossible

February 1, 2022 11:33 AM CNN Newsource

By Frank Pallotta, CNN Business Spotify wants to be the everything-for-everyone audio company. But it’s 2022, and that’s proving…

Oil prices are still painfully high and OPEC might act, Goldman Sachs says

February 1, 2022 10:57 AM CNN Newsource

By Matt Egan, CNN Business Energy prices remain uncomfortably high, and OPEC and its allies are under pressure to come to the rescue. The good news…

‘I don’t feel like a pro, but I’m acting like a pro.’ These GameStop traders struck gold. Then came the hard part.

February 1, 2022 10:40 AM CNN Newsource

By Jon Sarlin, CNN Business It’s like seeing double. The virtually rendered bright yellow Honda Civic Type R Limited Edition that AJ Vanover is…

Tesla recalls all 53,822 vehicles with its ‘full self-driving’ feature

February 1, 2022 10:29 AM CNN Newsource

By Matt McFarland, CNN Business Tesla will recall all 53,822 vehicles with its “full self-driving” driver-assist feature after it was…

This year will be an even better one for UPS

February 1, 2022 10:20 AM CNN Newsource

By Chris Isidore, CNN Business UPS just completed a record year. The current one will be even better. The delivery company earned $3.2 billion in the…

Interest rates are rising. Here’s what to do if you’re investing in bonds

February 1, 2022 10:20 AM CNN Newsource

By Jeanne Sahadi, CNN Business Inflation is high and interest rates are expected to rise this year. So what does that mean if you’re investing…

Home Depot’s answer to the labor shortage: Next-day job offers

February 1, 2022 8:49 AM CNN Newsource

By Matt Egan, CNN Business Home Depot has a plan to combat the worker shortage: Speedy job offers. The world’s largest home improvement…

A record number of Americans quit their jobs in 2021

February 1, 2022 8:38 AM CNN Newsource

By Anneken Tappe, CNN Business Last year was a historic one for American jobs. A record number of workers quit their jobs while US employers had more…

ExxonMobil’s profits and revenue soar on high oil prices

February 1, 2022 7:26 AM CNN Newsource

By Chris Isidore, CNN Business In 2021, ExxonMobil posted its largest profit in seven years, as soaring energy prices added more than $100 billion in…

Here’s another thing keeping prices high: Climate change

February 1, 2022 7:20 AM CNN Newsource

By Anneken Tappe, CNN Business The pandemic economy is one of imbalances: supply chain woes and rising inflation have been with us for a while now,…