GM just took a stake in a startup that makes imitation leather out of mushrooms
By Peter Valdes-Dapena, CNN Business General Motors’ venture capital arm has invested in a California startup that’s making imitation…
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First on CNN: Next spring the economy will sink into a 1990-style mild recession, Fitch says
By Matt Egan, CNN Business Stubborn inflation and the Federal Reserve’s jumbo-sized interest rate hikes will drive the American economy into a…
Continue Reading Why women in leadership roles are more likely than ever to quit
By Jeanne Sahadi, CNN Business When it comes to getting promoted into management, men still have the advantage. And women who do ascend to leadership…
Continue Reading China delays the release of GDP and other economic data without explanation amid Party Congress
By Laura He and CNN’s Beijing Bureau, CNN Business China has abruptly delayed the publication of key economic data, one day before its…
Continue Reading UK Prime Minister Liz Truss apologizes for mini-budget ‘mistakes’
By Jorge Engels, Luke McGee and Jessie Yeung, CNN British Prime Minister Liz Truss on Monday apologized for her controversial mini-budget that…
Continue Reading Mercedes CEO says Europe’s gas crisis will accelerate its shift to renewables
By Michelle Toh, CNN Business Europe’s gas crisis will be “a catalyst” for Mercedes-Benz to push deeper into clean energy, says its…
Continue Reading EU produces record wind and solar energy as it shirks Russian gas
By Christian Edwards, CNN Wind and solar power have made up a record 24% of the European Union’s electricity mix since Russia launched its war…
Continue Reading Whistleblower claims Donald Trump retaliated against a director who refused to give shares to Melania
By David Goldman and Matt Egan, CNN Business A former executive at Donald Trump’s media company claims the former President retaliated against…
Continue Reading Tesla Autopilot’s safety questioned after latest fatal motorcycle crash
By Matt McFarland, CNN Business Tesla’s Autopilot was involved in a third fatal motorcycle crash this summer, raising questions about the…
Continue Reading French government in crisis talks as fuel shortages worsen
By Joseph Ataman, Marguerite Lacroix and Natacha Bracken French President Emmanuel Macron called a crisis meeting with senior ministers on Monday to…
Continue Reading What this mega supermarket merger could mean for your grocery bills
By Nathaniel Meyersohn, CNN Business In a mega-deal that could have a huge impact on grocery shopping in America, Kroger and Albertsons announced…
Continue Reading Dow soars back above 30,000
By Paul R. La Monica, CNN Business Stocks rallied sharply Monday, thanks to more strong earnings from big banks and a sigh of relief about new plans…
Continue Reading US bank earnings revealed ominous clues about the future of the housing market
By Nicole Goodkind, CNN Business The largest US banks reported relatively solid third-quarter earnings on Friday. But within those reports, investors…
Continue Reading New UK finance minister rips up Truss’ economic plan in stunning policy reversal
By Julia Horowitz, CNN Business Britain’s new finance minister announced a comprehensive retreat on the UK government’s tax-and-spending…
Continue Reading Xi Jinping’s speech: yes to zero-Covid, no to market reforms?
By Laura He, CNN Business Even though China’s economy is beset by problems ranging from a real estate crisis to youth unemployment, Xi Jinping…
Continue Reading Walmart is now selling over-the-counter hearing aids after FDA rule change
By Parija Kavilanz, CNN Business Walmart announced Monday that its customers can for the first time buy over-the-counter hearing aids without a…
Continue Reading Tesla investors try to look past Elon Musk’s many, many distractions
By Paul R. La Monica, CNN Business Elon Musk now wants to buy Twitter after all. While that’s good news for Twitter’s long-suffering…
Continue Reading Busch debuts non-alcoholic ‘Turkey Brew’ for dogs
By Zoe Sottile, CNN Crack open a cold one this Thanksgiving — for your dog. Just in time for the winter holidays, Busch Beer has debuted a…
Continue Reading ‘SNL’ takes on the January 6 Committee and Trump
By Frank Pallotta, CNN Business “Saturday Night Live” opened this week’s episode taking on one of the most notable moments in news…
Continue Reading Elon Musk reverses course, says SpaceX will keep funding Ukraine Starlink service for free
By Samantha Beech, Alex Marquardt and Jackie Wattles, CNN US billionaire Elon Musk tweeted on Saturday that SpaceX will continue funding Starlink…
Continue Reading How TJ Maxx and Ross offer such deep discounts
By Nathaniel Meyersohn, CNN Business It’s a great time to be a closeout store like TJ Maxx. Traditional brands and retailers are overstocked on…
Continue Reading Teenage girl fights for her life in India after alleged rapist’s fire attack
By Rhea Mogul, Devendra Singh Chauhan and Vedika Sud, CNN Fears are growing for the survival of a 15-year-old girl who was allegedly set on fire by a…
Continue Reading Trevor Milton, founder of Nikola, found guilty of fraud
By Matt McFarland, CNN Business and Reuters Nikola founder Trevor Milton was convicted Friday by a U.S. jury of fraud in a case alleging he lied to…
Continue Reading Top Fed official says he broke central bank trading rules
By Nicole Goodkind, CNN Business Federal Reserve Bank of Atlanta President Raphael Bostic said Friday he had inadvertently broken the central…
Continue Reading Two of the largest supermarkets in America are merging
By Nathaniel Meyersohn and Jordan Valinsky, CNN Kroger announced Friday that it plans to buy Albertsons in a nearly $25 billion deal that could…
Continue Reading World’s largest academic endowment lost money for the first time since 2016
By Kate Trafecante Harvard University’s endowment lost $2.3 billion in fiscal 2022, blaming the loss on both the global market downturn as well…
Continue Reading It’s a scary time in Hollywood. But the horror studio behind hits like ‘Halloween Ends’ is making a killing
By Frank Pallotta, CNN Business It’s a scary time in Hollywood. The streaming revolution has transformed the entertainment industry and studios…
Continue Reading Beyond Meat executive who allegedly bit a man’s nose will leave the company
By Parija Kavilanz, CNN Business Beyond Meat Chief Operating Officer Doug Ramsey is leaving the company after his recent arrest for assault. Ramsey…
Continue Reading A ‘tectonic shift’ in global wealth that will take years to recover from
By Nicole Goodkind, CNN Business Markets plunged on Thursday morning after red-hot inflation data raised fears on Wall Street that the Federal…
Continue Reading Astronauts returning home from space station splash down off Florida coast
By Jackie Wattles, CNN Four astronauts boarded a SpaceX Crew Dragon capsule and returned home from the International Space Station on Friday,…
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