Australia will see more extreme weather events, putting strain on economy, report shows
By Michelle Toh, CNN Business Australia will continue to see a spike in extreme rainfall and heat, as well as more dangerous fire events, its…
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HP says it will lay off up to 6,000 workers over the next couple years
By Catherine Thorbecke, CNN Business HP Inc. announced on Tuesday that it will lay off thousands of workers over the next three years, becoming the…
Continue ReadingStarbucks closes location that was the first to unionize in Seattle
By Danielle Wiener-Bronner, CNN Business Starbucks is closing the store in Seattle where employees were the first to vote to form a union in the…
Continue Reading‘Christmas is not canceled’ despite growing risk of rail strike
By Matt Egan Leading retailers are sounding the alarm about the danger of a national rail strike while simultaneously stressing that a potential work…
Continue ReadingThe federal government just took another big swipe at illegal robocalls
By Brian Fung, CNN The federal government took another big swipe at illegal robocalls on Tuesday, as it moved to block a voice provider from the…
Continue ReadingJeff Bezos announces 40 grants totaling $123 million to combat homelessness
By Chloe Melas, CNN Jeff Bezos is continuing to make good on his pledge to give away the majority his wealth, to the tune of $123 million today. The…
Continue ReadingElon Musk has upended Twitter’s business. Here’s how he could fix it
By Clare Duffy, CNN Business Much of Twitter’s ad sales team has been fired or pushed out. Large companies from General Mills to Macy’s…
Continue ReadingElon Musk has upended Twitter’s business. Here’s how he could fix it
By Clare Duffy, CNN Business Much of Twitter’s ad sales team has been fired or pushed out. Large companies from General Mills to Macy’s…
Continue ReadingInflation remains painfully high. How will it impact your holiday shopping plans this year?
By Alicia Wallace, CNN Business Inflation has weighed on Americans for much of this year. The Federal Reserve has taken action to bring down high…
Continue ReadingQatar is a minefield for World Cup advertisers. One team has already lost a sponsor
By Julia Horowitz, CNN Business Billions of people watch FIFA’s World Cup every four years, a tantalizing opportunity for advertisers who want…
Continue ReadingEveryone from the vet to the barber is hiking prices. And there’s no relief in sight
By Alicia Wallace, CNN Business When Teri Byrd opened her 4 Paws Veterinary Clinic in Vashon, Washington, four years ago, her sights were set on…
Continue ReadingFTX lawyer says ‘substantial amount’ of assets are either stolen or missing
By Allison Morrow, CNN Business The full extent of FTX’s financial disarray is becoming clearer as the failed crypto exchange’s new…
Continue ReadingWith a strike looming, railroad unions and management head back to negotiating table
By Chris Isidore and Vanessa Yurkevich, CNN With a crippling freight rail strike looming in two weeks, leaders of four railroad unions and management…
Continue ReadingHere’s how much Disney is going to pay Bob Iger
By Frank Pallotta, CNN Business Bob Iger, who shocked the media world when he returned as CEO of Disney on Sunday, will once again be among the…
Continue ReadingWe now know what Budweiser will do with the beer it can’t sell at the World Cup
By Jordan Valinsky, CNN Business Qatar’s last-minute decision to ban alcohol at World Cup stadiums has left Budweiser with loads of beer left…
Continue ReadingIs the dollar’s relentless rise coming to an end?
By Julia Horowitz, CNN Business The story of financial markets and the global economy this year has been written in part by the dramatic rise of the…
Continue ReadingIf the world avoids a recession, it’ll have India and China to thank
By Hanna Ziady, CNN Business Global growth will slow further in the coming year but the world will likely avoid a recession thanks to Asia’s…
Continue ReadingRivian’s CEO created buzzy, outdoorsy EVs. Now big automakers are coming after it
By Peter Valdes-Dapena, CNN Business Rivian CEO Robert Joseph Scaringe, better known as RJ, is living his lifelong dream. Getting here though has…
Continue ReadingBob Iger moves fast to dismantle Chapek’s reorganization of Disney
By Oliver Darcy, CNN Business One day after the shock announcement of Bob Iger’s return to Disney, and the resulting ouster of his…
Continue ReadingSingapore defends its treatment of Binance after FTX ‘debacle’
By Michelle Toh, CNN Business Singapore’s central bank has responded to criticism of its treatment of two of the world’s largest crypto…
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