SoftBank reports record $27.5 billion loss on crashing tech stocks
By Michelle Toh, CNN Business SoftBank’s mega tech funds lost more than $27 billion in the last fiscal year, by far their worst performance on…
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By Michelle Toh, CNN Business SoftBank’s mega tech funds lost more than $27 billion in the last fiscal year, by far their worst performance on…
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By Michelle Toh, CNN Business Saudi Aramco has overtaken Apple as the world’s most valuable company, underscoring the recent surge in oil…
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By Chris Isidore, CNN Business Electric truck maker Rivian delivered some much needed assurance to Wall Street Wednesday, even as it reported a…
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By Frank Pallotta, CNN Business Disney’s streaming numbers were under the microscope on Wednesday after Netflix’s stock tanked last month…
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By Peter Valdes-Dapena, CNN Business The Scout, a one-time competitor to Ford Broncos and Jeeps that was last sold more than four decades ago, is…
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By Nathaniel Meyersohn, CNN Business The pitchforks have been out for Kohl’s over the past year. Activist investors have criticized the…
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By Danielle Wiener-Bronner, CNN Business Inflation may be slowing just a bit, but food prices are on fire. Food prices were 9.4% higher in April 2022…
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By Nadeen Ebrahim and Abbas Al Lawati, CNN Veteran Palestinian-American journalist Shireen Abu Akleh was a household name in the Arab world. For two…
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By Paul R. La Monica, CNN Business Elon Musk’s bold plan to buy Twitter depends partly on how his investment in Tesla is doing. Uh-oh. Shares…
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By Peter Valdes-Dapena, CNN Business The Salton Sea Basin feels almost alien. It lies where two enormous chunks of the Earth’s crust, the North…
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By Paul R. La Monica, CNN Business The bitcoin crash is hitting Coinbase really, really hard. The cryptocurrency brokerage reported a first-quarter…
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By Nathaniel Meyersohn, CNN Business Prices are surging, and Best Buy has a plan to draw in shoppers hunting for deals on TVs and laptops: more…
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By Jeanne Sahadi, CNN Business When it comes to your investments, these are the days to make some lemonade. After racking up banner gains in 2021,…
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By Peter Valdes-Dapena, CNN Business For your next important business trip, you can now rent a Ford Mustang from Hertz with a supercharged 5.2-liter…
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By Anneken Tappe, CNN Business US inflation took a breather last month for the first time since August. Prices still increased, but at a slower pace…
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By Julia Horowitz, CNN Business You remember the early days of the pandemic, when millions of office workers started doing their jobs from home for…
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By Chris Isidore, CNN Business Russia’s invasion of Ukraine is a major reason that US drivers are paying record prices for gasoline. But…
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By Jordan Valinsky, CNN Business Bill Gates said he has tested positive for Covid-19. The outspoken vaccine advocate said on Twitter he’s…
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By Hadas Gold, Abeer Salman and Amir Tal, CNN Palestinian-American Al Jazeera journalist Shireen Abu Akleh was fatally shot while covering an Israeli…
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By Peter Valdes-Dapena, CNN Business The Ford F-150 Lightning may be the best pickup truck the company has ever made. All it took was making it…
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By Laura He, CNN Business Car sales saw a record decline last month in China, the world’s largest automobile market, as strict Covid-19…
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By Mark Thompson and Anna Cooban, CNN Business Ukraine suspended the flow of some Russian natural gas to Europe on Wednesday, blaming Moscow for…
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By Swati Gupta and Rhea Mogul, CNN India’s top court on Wednesday ordered the temporary suspension of the country’s controversial…
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By Parija Kavilanz, CNN Business Laura Modi is fielding dozens of emails, calls, and texts daily from anxious parents asking about how they can get…
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By Matt Egan, CNN Business Treasury Secretary Janet Yellen addressed the economic consequences of overturning Roe v. Wade on Tuesday during testimony…
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By Matt McFarland, CNN Business Tesla recalled 129,960 vehicles this month to fix infotainment systems that may overheat before and during fast…
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By Alicia Wallace, CNN Business With daily life now the most expensive it’s been in 40 years, single parents say they are running out of places…
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By Paul R. La Monica, CNN Business Many investors, including Warren Buffett, are betting that higher crude oil prices are here to stay for a while.…
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By Jorge Engels and Karol Suarez Three journalists have been killed in Mexico over the past week according to government officials. Two journalists…
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By Frank Pallotta, CNN Business Netflix recently told employees that the the company’s new lower-priced ad tier may come by the end of the…
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