Musk’s tweet raises doubt about Hertz’s order for 100,000 Teslas
By Chris Isidore, CNN Business When Hertz announced plans to buy 100,000 Teslas last week — the largest-ever single order for electric vehicles —…
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Avis stock more than doubles after strong earnings show no end to rental car boom
By Paul R. La Monica, CNN Business Avis Budget investors didn’t really need to try harder to make any money from the stock on Tuesday. The…
Continue Reading Americans grow pessimistic on the economy as high inflation lingers
By Matt Egan, CNN Business Nearly two-thirds of Americans describe the economy as poor in a new poll that comes amid high inflation and supply chain…
Continue Reading Exclusive: Even hot dogs, burgers and deli meats will soon get more expensive
CNN, CNNBUSINESS By Nathaniel Meyersohn, CNN Business Shoppers are already taking a hit at the grocery store. Soon, even their cheapest meat options…
Continue Reading Maersk turns record profit and predicts supply chain chaos will continue
By Walé Azeez, CNN Business Maersk, the world’s largest container shipping company, predicts that global supply chain chaos will continue into…
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Germany: Merkel’s party to choose new leader by late January
BERLIN (AP) — Outgoing German Chancellor Angela Merkel’s center-right party is turning to a ballot of its entire membership to choose a new…
Continue Reading Racial segregation costs the US billions of dollars a year
By Alicia Wallace, CNN Business If communities across America were to become more racially integrated, it would be an “economic game…
Continue Reading Chipotle is testing a new chicken recipe for the first time in its 28-year history
By Jordan Valinsky, CNN Business Chipotle is testing pollo asado in two US cities, marking the first time in nearly 30 years the chain has…
Continue Reading Amazon will no longer require vaccinated workers to wear masks at work
By Jordan Valinsky, CNN Business Amazon is lifting a mask mandate for fully vaccinated warehouse workers beginning Tuesday. Vaccinated Amazon workers…
Continue Reading US gives final clearance to COVID-19 shots for kids 5 to 11
By LAURAN NEERGAARD and MIKE STOBBE AP Medical Writers US health officials have given the final OK to Pfizer’s COVID-19 vaccine for children as…
Continue Reading 3 reasons it’s so hard for companies to hire right now — and what they can do about it
Opinion by Karin Kimbrough for CNN Business Perspectives The US is experiencing a historically tight labor market. The speed of the current recovery…
Continue Reading Asian Development Banks gets $665M for climate projects
By The Associated Press The Asian Development Bank says it has won commitments of $665 million to support climate-related projects in Southeast Asia.…
Continue Reading I’m not picking on Elon Musk. Just please help, says UN food official
By Moira Ritter, CNN Business The director of the United Nations’ World Food Programme is still pleading with the world’s richest…
Continue Reading I’m not picking on Elon Musk. Just please help, says UN food official
CNN By Moira Ritter, CNN Business The director of the United Nations’ World Food Programme is still pleading with the world’s richest…
Continue Reading Why flying is so bad and about to get worse
By Chris Isidore, CNN Business Canceled flights, packed planes, rising fares and violent outbursts are the new normal for air travel. Flying is…
Continue Reading Autonomous vehicle maker Nuro secures $600M for expansion
By MATT OTT AP Business Writer SILIVER SPRING, Md. (AP) — Electric vehicle maker Nuro said Tuesday it had secured $600 million in funding from…
Continue Reading China is starting to look less scary to investors
By Julia Horowitz, CNN Business For investors, the appeal of China has always been clear. Despite a long list of political risks, it’s the…
Continue Reading China is urging families to stock up on food as supply challenges multiply
By Laura He and Yong Xiong, CNN Business China is telling families to stock up on food and other daily essentials as bad weather, energy shortages…
Continue Reading Cryptocurrencies rally on Facebook’s ‘Meta’ rebrand
By Moira Ritter, CNN Business Facebook announced its company rebrand just last week, but a little-known cryptocurrency is already rallying in…
Continue Reading Tesla falls on Musk tweet saying Hertz deal not signed yet
By MATT OTT AP Business Writer SILVER SPRING, Md. (AP) — Shares of Tesla Inc. tumbled almost 4% in midday trading on Tuesday after its CEO and…
Continue Reading Yahoo pulls out of China for good
By Jordan Valinsky, CNN Business Yahoo has shut down access to its services in China, becoming the latest American tech company to exit the country.…
Continue Reading Hotels rethink the concierge: From selfies to sustainability
By KRISTI EATON Associated Press One hotel in Mexico has an “Instagram concierge” to help guests with their selfie game. A hotel in Aruba has a…
Continue Reading India’s billionaire vaccine prince held the key to ending the pandemic. His plans went awry
By Diksha Madhok, CNN Business As Covid-19 wreaked havoc around the world last year, the 39-year-old son of an Indian billionaire was laying the…
Continue Reading Tesla software recall may head off fight with US regulators
By TOM KRISHER AP Auto Writer DETROIT (AP) — Tesla has issued a recall that automatically sent a software update fixing a safety problem in its…
Continue Reading Warren Buffett’s billionaire partner bankrolls windowless dorm. An architect quit
CNN By Ramishah Maruf, CNN Business Billionaire Charlie Munger is bankrolling the design of a massive dormitory at the University of California,…
Continue Reading Here’s what it’s like to live in one of Charlie Munger’s windowless dorms
By Ramishah Maruf, CNN Business Billionaire Charlie Munger’s controversial plans for a massive, windowless dorm at the University of…
Continue Reading Pfizer revenue and profits soar on its Covid vaccine business
CNN By Chris Isidore, CNN Business Pfizer reported that earnings and sales more than doubled in the past quarter, and it raised its outlook for…
Continue Reading Pfizer revenue and profits soar on its Covid vaccine business
By Chris Isidore, CNN Business Pfizer reported that earnings and sales more than doubled in the past quarter, and it raised its outlook for results…
Continue Reading Pfizer tops Q3 forecasts as total COVID vaccine sales soar
By TOM MURPHY AP Health Writer Pfizer is hiking sales expectations for its top-selling COVID-19 vaccine again, and its early look at 2022 also falls…
Continue Reading Yahoo pulls out of China, citing ‘challenging’ environment
By ZEN SOO Associated Press HONG KONG (AP) — Yahoo Inc. says it has pulled out of China, citing an “increasingly challenging business and legal…
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