CNN-Business-Consumer Archives

Goldman Sachs’ CEO will perform at Lollapalooza

March 22, 2022 2:12 PM CNN Newsource

By Nicole Goodkind, CNN Business Goldman Sachs CEO David Solomon will DJ at Chicago’s Lollapalooza music festival this July alongside acts like…

Tesla delivers first cars from Berlin factory

March 22, 2022 1:42 PM CNN Newsource

By Matt McFarland, CNN Business Tesla opened its third assembly plant near Berlin, Germany, and made the first deliveries of its Model Y sedan there…

BuzzFeed News is offering buyouts and three of its top editors have resigned

March 22, 2022 12:25 PM CNN Newsource

By Jennifer Korn, CNN Business BuzzFeed News announced on Tuesday that its editor in chief is stepping down and the company is offering buyouts to…

Burger King and Papa Johns are struggling to close all their Russian restaurants

March 22, 2022 11:53 AM CNN Newsource

By Danielle Wiener-Bronner, CNN Business A few weeks after Russian President Vladimir Putin began his assault on Ukraine, American restaurants said…

‘She loved every day of her life.’ Family and friends pay tribute to Ukrainian journalist killed in Kyiv

March 22, 2022 11:32 AM CNN Newsource

By Rebecca Wright and Olha Konovalova, CNN The parents of Ukrainian journalist Oleksandra “Sasha” Kuvshynova say the death of their…

Disney employees walk out, as ESPN and Disney+ back LGBTQ+ rights

March 22, 2022 10:50 AM CNN Newsource

By Frank Pallotta, CNN Business Disney employees staged a walkout Tuesday in protest of the company’s response to Florida’s controversial…

The federal minimum wage hasn’t risen in almost 13 years and US workers are paying the price

March 22, 2022 9:10 AM CNN Newsource

Opinion by Gina Cummings for CNN Business Perspectives With inflation hitting a 40-year high in the United States, working families are swimming ever…

Wall Street is starting to believe in Alibaba again

March 22, 2022 8:47 AM CNN Newsource

By Paul R. La Monica, CNN Business Alibaba has a message for investors nervous about its slowing growth and geopolitical uncertainty: We think our…

Russian journalist will auction his Nobel peace medal for Ukrainian refugees

March 22, 2022 8:01 AM CNN Newsource

By Eoin McSweeney and Niamh Kennedy, CNN Business The Russian journalist who won last year’s Nobel Peace Prize says he will auction off his…

Maserati reveals its first electric SUV

March 22, 2022 7:27 AM CNN Newsource

By Peter Valdes-Dapena, CNN Business Maserati unveiled its new Grecale SUV Tuesday. It’s only the second SUV in the Italian luxury…

The Fed is targeting a soft landing. Getting it wrong means recession

March 22, 2022 6:06 AM CNN Newsource

By Charles Riley, CNN Business Jerome Powell is trying to hike interest rates without damaging the economy. Getting it wrong means recession, and he…

Disney has always had a complicated history with the LGTBQ+ community. It’s hit a boiling point

March 22, 2022 4:52 AM CNN Newsource

By Frank Pallotta, CNN Business Disney’s controversial response to Florida’s “Don’t Say Gay” bill underscores the…

Evergrande’s crisis continues: $2 billion seized, earnings delayed

March 22, 2022 4:37 AM CNN Newsource

By Laura He, CNN Business Banks have seized $2 billion in cash from Evergrande, the ailing Chinese real estate developer said Tuesday as it announced…

Buy this, not that: Pro tips to save at the grocery store

March 22, 2022 4:30 AM CNN Newsource

By Nathaniel Meyersohn, CNN Business You’re probably not too happy with your grocery bills these days. But there are strategies to help you…

Oil soars 7% and blows past $110 as Europe debates banning Russian oil

March 21, 2022 3:17 PM CNN Newsource

By Matt Egan, CNN Oil prices rose sharply on Monday as Europe considers whether to match America’s ban on Russian oil. US crude soared 7% to…

Fed Chairman Powell: We need to raise interest rates quickly

March 21, 2022 12:58 PM CNN Newsource

By Anneken Tappe and Paul R. La Monica, CNN Business The Federal Reserve needs to move quickly to raise interest rates and normalize its monetary…

The SEC wants companies to disclose how much they pollute

March 21, 2022 12:57 PM CNN Newsource

By Ramishah Maruf, CNN Business The Securities and Exchange Commission proposed a climate disclosure rule Monday, a move that would boost the Biden…

New Russian asset tracker details oligarchs’ mansions and yachts

March 21, 2022 12:49 PM CNN Newsource

By Jordan Valinsky, CNN Business A nonprofit reporting network launched Monday the Russian Asset Tracker, a database to track the assets of prominent…

Chinese stocks are on a roller coaster with no end in sight

March 21, 2022 10:58 AM CNN Newsource

By Paul R. La Monica, CNN Business US-listed Russian stocks have been in freefall following the invasion of Ukraine — but it’s not the only…

War. Inflation. Covid. CEOs’ optimism is dimming

March 21, 2022 10:26 AM CNN Newsource

By Matt Egan, CNN Business Just a few months ago, optimism among American CEOs hit record highs. But given stubbornly high inflation, Russia’s…

A 737 crashed in China. What we know about the plane

March 21, 2022 10:06 AM CNN Newsource

By Chris Isidore, CNN Business A Boeing 737 carrying 132 people crashed early Monday in China. Although Boeing’s 737 has faced extraordinarily…

Zelensky calls out Nestlé over its ties to Russia

March 21, 2022 9:04 AM CNN Newsource

By Matt Egan, CNN Business Ukrainian President Volodymyr Zelensky is calling out Nestlé for the Swiss company’s continued relationship with…

Buffett’s Berkshire Hathaway is buying insurer Alleghany for $11.6 billion

March 21, 2022 8:20 AM CNN Newsource

By Paul R. La Monica, CNN Business It may not be the “elephant-sized” deal that Warren Buffett has long promised, but Berkshire Hathaway…

Taco Bell workers are getting new uniforms. Here’s what they look like

March 21, 2022 7:15 AM CNN Newsource

By Jordan Valinsky, CNN Business Taco Bell turns 60 this summer and its employees will have new outfits to mark the occasion. Employees will be given…

White House considered gas cards to ease pain at the pump

March 21, 2022 6:59 AM CNN Newsource

By Matt Egan, CNN Business The White House considered sending gas cards to families to cushion the blow from record-high gas prices before eventually…

Hong Kong tries to ‘relaunch’ its economy by lifting flight bans and cutting quarantine

March 21, 2022 6:47 AM CNN Newsource

By Michelle Toh and Jojo Chan, CNN Business Hong Kong announced Monday that it would lift flight bans and shorten quarantine requirements after two…

Countries around the world are slashing education budgets. Children will suffer most

March 21, 2022 6:45 AM CNN Newsource

Opinion by Yamini Aiyar for CNN Business Perspectives My children last entered their school gates on March 10, 2020, weeks before India’s…

Jergens lotion recalled for possible bacterial infection

March 21, 2022 6:33 AM CNN Newsource

By Jordan Valinsky, CNN Business Some types of Jergens moisturizer have been recalled because of possible bacterial contamination. The Food and Drug…

Europe is talking about joining the Russian oil embargo

March 21, 2022 6:31 AM CNN Newsource

By Mark Thompson and James Frater, CNN Business Europe will consider joining a US-led embargo of Russian oil this week as the West looks for new ways…

Energy markets are changing in big ways

March 21, 2022 6:14 AM CNN Newsource

By Charles Riley, CNN Business Russia’s war in Ukraine is reshaping global energy markets. The scale and long-term impact of the changes are…