Old Navy’s response to slumping sales: More pockets
By Parija Kavilanz, CNN Old Navy, known for its low-priced basic and trendy seasonal clothing, has adopted an interesting sartorial tactic amid…
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Britain’s pound is beating every other major currency this year
By Julia Horowitz, CNN The British pound crashed to a record low last fall as investors rebelled against budget plans by former Prime Minister Liz…
Continue ReadingRupert Murdoch’s engagement with Ann Lesley Smith is called off
By Oliver Darcy, CNN The media wedding of the summer is no more. Billionaire right-wing media mogul Rupert Murdoch and Ann Lesley Smith have called…
Continue ReadingVW recalls 140,000 SUVs due to faulty passenger-side airbags, owners told not to let anyone ride shotgun
By Peter Valdes-Dapena, CNN Business Volkswagen is recalling 143,000 of its big Atlas SUVs in the US because a faulty sensor on the front passenger…
Continue ReadingThe creator of the Catan board game has died
By Danielle Wiener-Bronner, CNN Klaus Teuber, creator of the blockbuster board game Catan, has passed away. “It is with profound sadness that…
Continue ReadingMillennial app founder arrested, charged with defrauding JPMorgan Chase
By Krystal Hur, CNN Charlie Javice, founder of the buzzy student financial assistance startup Frank, was arrested Monday night and charged by the US…
Continue Reading5,000 GM salaried staff took buyouts
By Chris Isidore, CNN About 5,000 General Motors white collar employees have taken buyouts, according to GM CFO Paul Jacobson. Jacobson, speaking at…
Continue ReadingThe barcode is turning 50, but who gets the credit for it is up for debate
By Dayun Park Beep! The barcode, that rectangle of thick and thin parallel lines seen on seemingly every grocery product, package, prescription…
Continue ReadingElon Musk loses his position atop Forbes’ annual billionaires list
By Jordan Valinsky, CNN Elon Musk has officially been dethroned from the top of Forbes’ annual “World’s Billionaire’s…
Continue ReadingJob openings shrank more than expected in February in a positive sign for the Fed
By Alicia Wallace, CNN America isn’t taking down all of its “help wanted” signs just yet — but they are slowly starting to…
Continue ReadingTikTok hit with nearly $16 million UK fine
By Robert North and Anna Cooban, CNN The UK data regulator has fined TikTok £12.7 million ($15.9 million) for a number of breaches of data…
Continue ReadingWalmart lays off 2,000 warehouse workers
By Jordan Valinsky, CNN Walmart is laying off more than 2,000 workers at five US warehouses that fulfill website orders, weeks after America’s…
Continue ReadingTesla is selling a German beer in a Cybertruck bottle
By Julia Horowitz, CNN Few brands are big enough to sell three beers for nearly $100. Elon Musk’s Tesla may be one. The electric car company…
Continue ReadingWhat the OPEC cuts mean for Putin and Russia
By Nicole Goodkind, CNN Some of the world’s largest oil exporters shocked markets over the weekend by announcing that they would cut oil…
Continue ReadingJPMorgan’s Jamie Dimon warns banking crisis will be felt for ‘years to come’
By Nicole Goodkind, CNN The banking crisis triggered by the recent collapses of Silicon Valley Bank and Signature Bank is not over yet and will…
Continue ReadingRichard Branson’s Virgin Orbit files for bankruptcy
By Anna Cooban, CNN Virgin Orbit, the rocket company founded by British billionaire Richard Branson, has filed for bankruptcy in the United States.…
Continue ReadingL’Oréal buys Aesop in $2.5 billion deal, its biggest acquisition ever
By Michelle Toh, CNN L’Oréal is buying Australian brand Aesop in a deal that values it at $2.5 billion, in the biggest brand acquisition ever…
Continue Reading‘I am truly sorry.’ Credit Suisse chair re-elected after apology at final shareholder meeting
By Hanna Ziady, CNN Credit Suisse Chairman Axel Lehmann apologized to angry shareholders Tuesday after the ailing Swiss lender required an emergency…
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Australia bans TikTok on federal government devices
By Chris Lau, CNN Australia has joined other Western countries in banning the use of TikTok on government devices as the Chinese-owned video app…
Continue ReadingTaxes and adulting: What to know about filing taxes on your own for the first time
By Jeanne Sahadi, CNN For most people in their early- to mid-20s, filing taxes is right up there with having to pay rent and realizing you…
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