This counts as good news for Boeing
By Chris Isidore, CNN Business Boeing has become so embattled, the company’s stock rose even after reporting a worse-than-expected loss and…
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Next sign of the market apocalypse: Single-stock ETFs
By Paul R. La Monica, CNN Business The Wall Street gambling parlor is still alive and well. Asset management firm AXS Investments recently launched…
Continue ReadingOpinion: The toughest part of the Fed’s job may already be done
Opinion by David Wilcox for CNN Business Perspectives The US economy may have begun to cool some, but it is still seriously overheated. Employers are…
Continue ReadingSouth Korean giant SK Group is pouring $22 billion into the United States
By Michelle Toh, CNN Business South Korea’s second biggest conglomerate is investing $22 billion into the United States, in high-priority areas…
Continue ReadingWall Street doesn’t want the Fed to chill out
By Julia Horowitz, CNN Business Investors are uneasy as the Federal Reserve gears up for its latest policy announcement on Wednesday. But their hope…
Continue ReadingThe stock market is practically begging for a recession
By Nicole Goodkind, CNN Business Wall Street has a serious case of recession dread. Inflation is at a 40-year high and the Federal Reserve is…
Continue ReadingDozens dead after drinking bootleg alcohol in western India
By Swati Gupta and Rhea Mogul, CNN At least 36 people have died and about 50 others have been hospitalized in western India after drinking…
Continue ReadingNational Press Club blasts LIV Golf event as ‘attempt to minimize the grisly bone-saw’ murder of WaPo columnist
By Oliver Darcy, CNN Business A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free…
Continue ReadingGoogle posts major ad sales growth slowdown following pandemic boom
By Clare Duffy, CNN Business Online advertising companies have been warning of a slowdown in ad demand amid high inflation and recession fears, and…
Continue ReadingSandy Hook parents ask jury to return $150 million verdict in defamation suit against Alex Jones
By Lauren del Valle and Oliver Darcy, CNN The lawyer for two Sandy Hook families that have sued right-wing conspiracy theorist Alex Jones asked a…
Continue ReadingTwitter has set a date for its shareholders to vote on Elon Musk acquisition
By Clare Duffy, CNN Business Twitter has set a date for its shareholders to vote to approve its $44 billion acquisition deal by Elon Musk, despite…
Continue ReadingMicrosoft 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 ReadingGlossier 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…
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