Microsoft says China and Russia hurt its earnings
By Rishi Iyengar, CNN Business Microsoft’s business is taking a hit from events on the other side of the world. The tech giant on Tuesday…
Continue ReadingMoney
Glossier is coming to Sephora
By Parija Kavilanz, CNN Business Cosmetics company Glossier, which has cultivated a cult-like following among Millennials and Gen Zers, announced…
Continue ReadingInstagram has a Kardashian problem: Users revolt against app changes
By Clare Duffy and Jennifer Korn, CNN Business Tati Bruening was once the textbook example of an Instagram user. Since the pandemic, she has been…
Continue ReadingPost-Covid, Elvis Presley’s Graceland bonds default
By Alexandra Peers, CNN Business “The Mississippi Delta is shining like a National guitar… And for reasons I cannot explain there’s…
Continue ReadingMeta considers easing its Covid-19 misinformation policy
By Brian Fung, CNN Facebook-parent Meta is weighing whether to relax its policies against Covid-19 misinformation, proposing a shift from removing…
Continue ReadingShopify to cut 10% of staff after making ‘wrong’ bet about pandemic online shopping boom
By Catherine Thorbecke, CNN Business Shopify will lay off approximately 10% of its global staff after making the “wrong” bet on how long…
Continue ReadingConsumer confidence slips for third straight month
By Alicia Wallace, CNN Business Americans grew even more pessimistic about the US economy over the past month, according to the latest survey on…
Continue ReadingGM reports strong sales but says it’s prepared for possible recession
By Chris Isidore, CNN Business General Motors said strong sales and demand for vehicles doesn’t suggest any signs of an economic slowdown, but…
Continue ReadingA sign inflation could start easing: Walmart is slashing prices on clothing and other products
By Nathaniel Meyersohn, CNN Business Many shoppers have pulled back on buying clothing and other discretionary items as the highest inflation in four…
Continue ReadingThis delivery startup was valued at more than $11 billion. Then it slashed thousands of workers
By Sara Ashley O’Brien, CNN Business In early March, after two ultra-fast delivery startups shut down in New York City in a single week, a…
Continue Reading
Pueblo to receive state resources for wildfire mitigation project; 8 others announced for region
PUEBLO, Colo. (KRDO) — The Colorado Strategic Wildfire Action Program (COSWAP) has awarded the Pueblo Fire Department some of $17.5 million made…
Continue ReadingGoogle fires engineer who contended its AI technology was sentient
By Ramishah Maruf, CNN Google has fired the engineer who claimed an unreleased AI system had become sentient, the company confirmed, saying he…
Continue ReadingT-Mobile agrees to pay customers $350 million in settlement over massive data breach
By Brian Fung, CNN T-Mobile has agreed to pay $350 million to settle multiple class-action suits stemming from a data breach disclosed last year…
Continue ReadingPrivate browsing may not protect you as much as you think
By Jennifer Korn, CNN Business For years, the most popular internet browsers have included options to search for and visit websites in…
Continue ReadingRussian and European astronauts conduct rare joint spacewalk
By Jackie Wattles, CNN Business Two astronauts — one European and one Russian — exited the airlock on the International Space Station for a…
Continue Reading
Colorado continues emergency mortgage assistance plan for homeowners at risk of foreclosure due to COVID-19 pandemic
COLORADO SPRINGS, Colo. (KRDO) — State officials created a program to help tenants who struggled to pay rent during the COVID-19 pandemic, and now a…
Continue ReadingWe 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 ReadingAmazon to buy One Medical for $3.9 billion as it expands healthcare footprint
By Catherine Thorbecke Amazon on Thursday said it has entered an agreement to acquire primary healthcare company One Medical in an all-cash deal…
Continue ReadingTwitter 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 ReadingWe 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