What a Republican-controlled House could mean for Silicon Valley
By Brian Fung, CNN Business With Republicans projected to take control of the House as a result of the midterm elections, tech giants such as Amazon,…
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Ticketmaster cancels public sale for Taylor Swift’s Eras Tour due to overwhelming demand
By Jordan Valinsky and Frank Pallotta, CNN Anyone looking to buy a ticket to Taylor Swift’s new tour may be out of luck. Ticketmaster said on…
Continue ReadingStocks have been clobbered this year, but people are still contributing to their retirement accounts
By Jeanne Sahadi, CNN Business Stocks and bonds have been turning in volatile, bearish performances this year in an economy marked by high inflation…
Continue ReadingTaylor Swift ticket snafu caused by Ticketmaster abusing its market power, Senate antitrust chair says
By Jordan Valinsky, CNN Business Senator Amy Klobuchar criticized Ticketmaster in an open letter to its CEO, saying she has “serious…
Continue ReadingElon Musk is planning a subtle change to Twitter that could make it harder to stop the bots
By Rachel Metz, CNN Business Elon Musk has been saying for months that he wants to stamp out spam and fake accounts on Twitter, but a subtle change…
Continue ReadingGet ready for a spending slowdown this holiday season
By Nicole Goodkind, CNN Business American shoppers continue to defy gravity against the backdrop of persistently elevated inflation. Retail sales…
Continue ReadingMortgage rates plunge, largest weekly drop since 1981
By Anna Bahney, CNN Business Mortgage rates dropped sharply last week following a series of economic reports that indicated inflation may finally be…
Continue ReadingParents beware: Dangerous, recalled toys are still on sale
By Parija Kavilanz, CNN Business Parents shopping for their kids this holiday season need to be alert and carefully examine toys before they buy them…
Continue ReadingUK to raise $65 billion from windfall tax on energy companies
By Hanna Ziady, CNN Business The UK government is hiking a windfall tax on oil and gas companies and extending the levy to electricity generators, as…
Continue ReadingAbout 2,000 Starbucks workers stage one-day strike at more than 100 stores
By Chris Isidore, CNN Business More than 2,000 employees at 112 Starbucks locations are set to go on a one-day strike Thursday, according to the…
Continue ReadingSingapore writes down $275 million in FTX, calls belief in Sam Bankman-Fried ‘misplaced’
By Diksha Madhok, CNN Business Singapore has become the latest backer of crypto exchange FTX to admit being burned by its spectacular collapse. In a…
Continue ReadingUK orders Chinese-owned company to sell Britain’s biggest chipmaker
By Michelle Toh, CNN Business The UK government has ordered a Chinese-owned company to unwind its takeover of Britain’s biggest chipmaker,…
Continue ReadingPorsche just turned its iconic Porsche 911 sports car into a jacked-up off-road beast
By Peter Valdes-Dapena, CNN Business If you want to go off-road in Porsche, the German brand can offer you a couple of different SUVs for that. But…
Continue ReadingMeet the two new anchors replacing Judy Woodruff on ‘PBS NewsHour’
By Oliver Darcy, CNN Business “PBS NewsHour” is ready to turn the page. The iconic nightly news program announced Wednesday that…
Continue ReadingNYC taxi fares expected to increase by 23% by the end of this year
By Zenebou Sylla, CNN The cost of a New York City taxi ride is expected to increase by nearly 23% by the end of 2022, marking the first taxi fare…
Continue ReadingTaylor Swift ticket meltdown sparks outrage about Ticketmaster’s power
By Chris Isidore, CNN Business Taylor Swift fans’ outrage over Ticketmaster’s service meltdown Tuesday has shined a spotlight on a common…
Continue ReadingElon Musk gives ultimatum to Twitter employees: Do ‘extremely hardcore’ work or get out
By Donie O’Sullivan and Clare Duffy, CNN Business Twitter’s new owner Elon Musk has given employees until Thursday evening to commit to…
Continue ReadingElon Musk gives ultimatum to Twitter employees: Do ‘extremely hardcore’ work or get out
By Donie O’Sullivan and Clare Duffy, CNN Business Twitter’s new owner Elon Musk has given employees until Thursday evening to commit to…
Continue ReadingGreed is back with a vengeance on Wall Street
By Paul R. La Monica, CNN Business Many investors are still nursing losses for the year. But stocks have come roaring back to life in the past few…
Continue ReadingFlu, RSV, Covid: 6 ways employers can deal with a potential wave of absences
By Jeanne Sahadi, CNN Business Employers may be pushing for more workers to return to the office. But that’s proving to be an uphill battle,…
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