Volkswagen CEO to leave in surprise move
By Chris Isidore, CNN Business Volkswagen’s CEO is leaving his post in a surprise move, effective September 1. The company announced Friday…
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FedEx is trimming Sunday delivery to US rural homes
By Chris Isidore, CNN Business FedEx’s Ground service will stop making Sunday deliveries to about 15% of the US homes it’s currently…
Continue Reading We played ‘Stray,’ everyone’s favorite new cat-centric video game. It’s purrfection
CNN By Rachel Metz and Rishi Iyengar, CNN Business This week, two of the most passionate communities online — gamers and cat lovers — collided…
Continue Reading Rise in gasoline prices threatens social stability and food security in Latin America
CNN By Stefano Pozzebon, CNN South American countries are bracing for an autumn of discontent, as spiking global fuel prices threaten to provoke more…
Continue Reading Rise in gasoline prices threatens social stability and food security in Latin America
By Stefano Pozzebon, CNN South American countries are bracing for an autumn of discontent, as spiking global fuel prices threaten to provoke more…
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Jay Carney, Amazon’s top policy exec, leaves for Airbnb
By HALELUYA HADERO and ANNE D’INNOCENZIO AP Business Writers NEW YORK (AP) — The top policy and communications executive at Amazon and a…
Continue Reading Why these ‘unretirees’ went back to work
By Kathryn Vasel, CNN Business In 2020, Joe DiPastena felt confident enough to retire earlier than planned. But by 2022, he was having second…
Continue Reading We played ‘Stray,’ everyone’s favorite new cat-centric video game. It’s purrfection
By Rachel Metz and Rishi Iyengar, CNN Business This week, two of the most passionate communities online — gamers and cat lovers — collided with…
Continue Reading Volkswagen CEO, facing series of setbacks, will step down
VIENNA (AP) — Herbert Diess, the Volkswagen CEO whose image had been tarnished in the fallout from the German automaker’s emissions-cheating…
Continue Reading In your debt: 3 times debt can be a helpful tool
By SARA RATHNER NerdWallet You may have learned that all debt is bad, but sometimes debt can make the things you need or want possible. A loan can…
Continue Reading ‘Nope’ hopes to be Jordan Peele’s latest out-of-this-world hit
By Frank Pallotta, CNN Business Jordan Peele is hoping to go three-for-three at the box office. The director’s third movie, “Nope,”…
Continue Reading ‘Nope’ is Jordan Peele’s latest No. 1 film at the box office
CNN By Frank Pallotta, CNN Business “Nope,” Jordan Peele’s third movie, opened to an estimated $44 million this weekend in North…
Continue Reading Hyundai exec vows to improve company’s safety track record
By TOM KRISHER AP Auto Writer DETROIT (AP) — Clogged oil ports, electrical shorts and leaks of brake fluid are only some of the safety problems…
Continue Reading Democrats widen scrutiny of tech over abortion data privacy
By MARCY GORDON AP Business Writer WASHINGTON (AP) — Democratic representatives are widening their scrutiny into the role of tech companies in…
Continue Reading Recession warning: Some Americans are having trouble paying bills
By Paul R. La Monica, CNN Business Is America’s economy already in a recession? That’s a debate among central bankers, investors and…
Continue Reading Twitter says ‘uncertainty’ with Elon Musk is hurting its business
By Clare Duffy, CNN Business Twitter’s battle with Elon Musk is weighing on its business. The company on Friday reported revenue of $1.18…
Continue Reading Poland’s leader seeks to assure public of energy security
WARSAW, Poland (AP) — Poland’s prime minister has sought to reassure the public that the country will have sufficient winter supplies of natural…
Continue Reading Russia’s central bank slashes rate, saying inflation slows
MOSCOW (AP) — The Russian central bank diverged from its Western counterparts by slashing its key interest rate just a month after dropping it to…
Continue Reading Opinion: Without real solutions, renters will continue to be worse off
Opinion by Jung Hyun Choi and Daniel Pang for CNN Business Perspectives Over the past year, both rents and home prices have risen faster than…
Continue Reading Lululemon workers in DC file for a union election
Associated Press Lululemon workers in Washington, D.C. are filing to hold a union election, joining workers at other major companies aiming to…
Continue Reading You’re not the only one who’s confused about the economy. The experts are baffled, too
Martha C. White The recovery wasn’t supposed to go like this. Wall Street and Main Street alike are suffering from whiplash when it comes to…
Continue Reading UK blames France as travelers face hours-long port delays
By JILL LAWLESS Associated Press LONDON (AP) — Truck drivers and Britons heading off on holiday by ferry faced hours-long waits at the port of…
Continue Reading Why a social media app is dragging the market lower
CNN By Julia Horowitz, CNN Business An average 347 million people use Snapchat every day. That’s a fraction of the nearly 2 billion daily…
Continue Reading Why a social media app is dragging the market lower
By Julia Horowitz, CNN Business An average 347 million people use Snapchat every day. That’s a fraction of the nearly 2 billion daily active…
Continue Reading Twitter, in Musk fight, posts surprising drop in revenue
By KELVIN CHAN and MATT O’BRIEN AP Business Writers LONDON (AP) — Twitter is reporting a quarterly loss as revenue slipped even as user…
Continue Reading Germany bails out its biggest natural gas importer
By Anna Cooban, CNN Business The German government has stepped in to bail out one of its biggest energy companies — the latest casualty of…
Continue Reading EU drug regulator recommends clearing vaccine for monkeypox
LONDON (AP) — The European Medicines Agency says the smallpox vaccine made by Bavarian Nordic should also be authorized against monkeypox as an…
Continue Reading AmEx 2Q profits fall 14% despite higher cardmember spending
By KEN SWEET AP Business Writer NEW YORK (AP) — American Express’ profits fell 14% in the second quarter, the company said Friday, as higher…
Continue Reading Sri Lanka president gets long-sought win, faces challenges
By KRISHAN FRANCIS and ELAINE KURTENBACH Associated Press COLOMBO, Sri Lanka (AP) — Sri Lanka’s new president has always aspired to the…
Continue Reading ‘A beacon of hope’: Ukraine, Russia sign grain export deal
By AYSE WIETING and SUZAN FRASER Associated Press ISTANBUL (AP) — Russia and Ukraine signed separate agreements Friday with Turkey and the United…
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