Southwest meltdown may cost the airline up to $825 million
By Chris Isidore, CNN Business The cost of the service meltdown at Southwest Airlines over the year-end holidays cost the airline nearly $1 billion…
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Tesla cuts prices in China for the second time in three months as demand slows
By Laura He, CNN Tesla has slashed car prices in China for the second time in less than three months, in an effort to boost sales amidst slowing…
Continue ReadingAmerica capped off an extraordinary year for job growth, adding 223,000 positions in December
By Alicia Wallace, CNN The US economy added 223,000 jobs in December, according to the monthly employment report from the Bureau of Labor Statistics,…
Continue ReadingUK will make it harder for key workers to strike
By Hanna Ziady, CNN The UK government is planning to introduce a new law forcing workers in key public sectors such as ambulance services to maintain…
Continue ReadingInflation drops sharply in Europe but some prices are still rising faster
By Julia Horowitz, CNN Inflation in Europe continued to decline in December as energy prices rose at a slower pace. Prices across the 19 countries…
Continue ReadingA Chinese company has signed an oil extraction deal with Afghanistan’s Taliban
By Diksha Madhok, Ehsan Popalzai and Masoud Popalzai, CNN The ruling Taliban has signed a deal with a Chinese company to extract oil from northern…
Continue ReadingA Wall Street Journal reporter was handcuffed by police while standing outside a Chase Bank. The newspaper is demanding answers
By Oliver Darcy, CNN Business The Wall Street Journal is demanding answers from the Phoenix Police Department after an officer detained and…
Continue ReadingPeloton fined $19 million for unsafe treadmills
By Alexandra Peers, CNN Peloton has agreed to pay a $19 million fine for failing to promptly report treadmill hazards and for distributing recalled…
Continue ReadingCathay Pacific ramps up flights between Hong Kong and China as borders reopen
By Kathleen Magramo, CNN Hong Kong’s flagship airline is more than doubling its flights from the city to mainland China after the easing of…
Continue ReadingRam unveils electric pickup truck concept with three rows of seats
By Peter Valdes-Dapena, CNN Business Stellantis’s Ram truck brand is behind its competitors on launching an electric pickup, with trucks from…
Continue ReadingHouse Dems to Buttigieg: ‘Much more needs to be done’ following Southwest meltdown
By Pete Muntean, CNN House Democrats overseeing airlines are telling Transportation Secretary Pete Buttigieg to come down harder on Southwest…
Continue ReadingTwo months after mass Twitter layoffs, affected employees still waiting for severance offers
By Clare Duffy, CNN Two months after Elon Musk laid off half of Twitter’s workforce, some employees affected say they have yet to receive any…
Continue ReadingWall Street Journal: Vince McMahon plots return to WWE
By David Goldman, CNN Vince McMahon, the former World Wrestling Entertainment chief executive, who retired from the company last year following a…
Continue ReadingGM and Andretti are taking a shot at Formula 1
By Peter Valdes-Dapena, CNN Business General Motors, with its Cadillac luxury brand, has joined racing team managers Andretti Global in a bid to race…
Continue ReadingFederal Trade Commission proposes banning noncompetes for workers
By Jeanne Sahadi, CNN The Federal Trade Commission on Thursday said it is proposing a rule to ban employers from imposing noncompete agreements on…
Continue ReadingStitch Fix lays off 20% of workforce and its CEO steps down
By Parija Kavilanz, CNN Stitch Fix, facing economic turbulence, announced a double whammy on Thursday: CEO Elizabeth Spaulding is stepping down and…
Continue ReadingHackers post email addresses linked to 200 million Twitter accounts, security researchers say
By Brian Fung, CNN Email addresses linked to more than 200 million Twitter profiles are currently circulating on underground hacker forums, security…
Continue ReadingWhat to expect from the jobs report on Friday
By Alicia Wallace, CNN Friday’s jobs report is expected to show that the US economy added 200,000 jobs in December, with the unemployment rate…
Continue ReadingDelta Air Lines is rolling out free Wi-Fi
By Jordan Valinsky, CNN Business Delta Air Lines is rolling out free Wi-Fi to most of its planes beginning February 1. “It’s going to be…
Continue ReadingDelta Air Lines is rolling out free Wi-Fi
By Jordan Valinsky, CNN Business Delta Air Lines is rolling out free Wi-Fi to most of its planes beginning February 1. “It’s going to be…
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