Betting against meme stocks could get you seriously burned
By Paul R. La Monica, CNN Business Many investors are still betting against top momentum and Reddit meme stocks — despite getting burned in the…
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Hit by a ransomware attack? Here’s what to do
By Rishi Iyengar, CNN Business A ransomware attack on a single software vendor may have impacted as many as 1,500 businesses around the world, in the…
Continue Reading Didi shares plummet after China bans it from app stores
Didi shares plunged as much as 22% in premarket trading as fallout continued over news of the company’s troubles in China. CNN’s David Culver…
Continue Reading Shorter working week trials an ‘overwhelming success’ in Iceland
By Amy Woodyatt, CNN Business Trials of a shorter working week in Iceland have been hailed as an “overwhelming success” by researchers.…
Continue Reading Ursula Burns hired to lead embattled consulting firm Teneo
By Jordan Valinsky, CNN Business Former Xerox CEO Ursula Burns has been named chairwoman of Teneo, the embattled consulting firm that is still…
Continue Reading IBM CEO: The biggest challenge holding back our economy right now
Opinion by Arvind Krishna for CNN Business Perspectives We’re already beginning to see the contours of what our new post-pandemic digital…
Continue Reading AMC ditches its plans to sell more stock
By Frank Pallotta, CNN Business AMC, the largest theater chain in the world, announced Tuesday that it is ditching plans to sell 25 million…
Continue Reading Subway is making the biggest menu change in its history
By Danielle Wiener-Bronner, CNN Business After years of declining sales, Subway is hoping to reintroduce itself to customers and convince them to…
Continue Reading How long can supply shortages continue?
By Charles Riley, CNN Business As the global economy kicks into high gear following the pandemic, demand for certain consumer goods and tech…
Continue Reading Didi shares crash as China tightens the regulatory screws
By Michelle Toh, CNN Business Didi shares plunged almost 20% Tuesday in New York as fallout continued over news of the company’s troubles in…
Continue Reading Facebook, Google, Twitter and other tech firms could leave Hong Kong over doxxing bill, industry group says
By Michelle Toh, CNN Business Changes to Hong Kong’s data protection laws could force some companies to stop providing services in the city,…
Continue Reading Kaseya says up to 1,500 businesses compromised in massive ransomware attack
By Alex Marquardt, CNN Business Software vendor Kaseya says that between 800 and 1,500 businesses have been compromised by the recent ransomware…
Continue Reading India’s billionaires got richer while coronavirus pushed millions of vulnerable people into poverty
By Diksha Madhok, CNN Business India has been hobbled by an economic slump and a brutal wave of coronavirus that new research shows pushed millions…
Continue Reading Oil prices surge after OPEC+ calls off talks
By Charles Riley and Chris Liakos, CNN Business Oil prices soared on Tuesday after major producers, including Saudi Arabia and the United Arab…
Continue Reading Ransomware group demands $70 million for Kaseya attack
By Alex Marquardt The ransomware group REvil has demanded a $70 million payment in Bitcoin for a decryptor tool following its attack on the software…
Continue Reading Three US private equity groups circle UK supermarket
By Hanna Ziady, CNN Business Morrisons has become a takeover target for three major American private equity groups amid strong investor appetite for…
Continue Reading OPEC drama raises the specter of even higher gas prices
By Matt Egan, CNN Business OPEC and its allies are mired in a stalemate. American drivers could pay the price. For the second straight day, OPEC+…
Continue Reading Oil prices rise as UAE refuses to back OPEC+ agreement
OPEC+ plans to meet for the third straight day in order to reach an agreement about adding more barrels to an oil market that needs more supply.…
Continue Reading Oil prices rise as UAE refuses to back OPEC+ agreement
OPEC+ plans to meet for the third straight day in order to reach an agreement about adding more barrels to an oil market that needs more supply.…
Continue Reading Why you still won’t find ‘The Cosby Show’ on many TV platforms
By Chauncey Alcorn, CNN Business Bill Cosby may be out of prison, but most major networks still aren’t showing reruns of “The Cosby…
Continue Reading What we learned from Robinhood’s IPO prospectus
By Allison Morrow, CNN Business Editor’s Note: A version of this story appeared in CNN Business’ Nightcap newsletter. To get it in your…
Continue Reading After cracking down on Didi, China probes other US-listed tech giants
By Laura He, CNN Business Just one day after ride-hailing giant Didi was banned from app stores in China, authorities have started investigating…
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China’s Didi makes NYSE debut
Ride-hailer Didi raised $4.4 billion in the IPO, giving it a valuation of more than $67 billion. CNN’s Clare Sebastian…
Continue Reading White House urges companies affected by recent ransomware attack to report to the Internet Crime Complaint Center
By Sam Fossum and Arlette Saenz, CNN Business The White House on Sunday urged companies who believe their systems were compromised in the ransomware…
Continue Reading Energy company wants $15 billion from the Biden administration for blocking the Keystone XL pipeline
By Alexis Benveniste, CNN Business TC Energy Corporation, the company that developed the Keystone XL pipeline project, is seeking to recover more…
Continue Reading Climate crisis reporting: How to cover a ‘permanent emergency’
CNN’s Brian Stelter speaks with Emily Atkin and David Wallace-Wells on how reporters are adapting to having to cover climate change as a ‘permanent…
Continue Reading Climate crisis reporting: How to cover a ‘permanent emergency’
CNN’s Brian Stelter speaks with Emily Atkin and David Wallace-Wells on how reporters are adapting to having to cover climate change as a ‘permanent…
Continue Reading What’s open and closed this July 4th weekend
By Rachel Trent, CNN This Independence Day, many Americans are celebrating much more than the 13 colonies’ split from Great Britain. This…
Continue Reading China bans Didi, its biggest ride-hailing service, from app stores
By Alexis Benveniste, CNN Business Didi, China’s largest ride-hailing service, continues to fall into deeper trouble with Chinese regulators.…
Continue Reading Stocks are expensive but that doesn’t mean the bull run is ending
By Paul R. La Monica, CNN Business Stocks enjoyed a stellar first half of the year. But will the market be able to keep rallying? Valuations are…
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