S&P 500’s ESG index boots Tesla
By Matt McFarland, CNN Business The S&P 500 index devoted to highlighting companies excelling at ESG, which stands for environmental, social and…
Continue ReadingMoney
Texas asks Supreme Court to keep state social media censorship law in effect
By Brian Fung and Ariane de Vogue, CNN The Supreme Court should allow a sweeping Texas law to remain in effect that restricts the ability of…
Continue ReadingNew York Attorney General to investigate social media platforms after Buffalo shooting
By Brian Fung, CNN Business New York Attorney General Letitia James is launching an investigation into the social media platforms allegedly used by…
Continue ReadingJPMorgan shareholders vote down pay bump for CEO Jamie Dimon
By Nicole Goodkind, CNN Business JP Morgan Chase investors on Tuesday voted down a multimillion-dollar payout for CEO Jamie Dimon. The pay proposal…
Continue ReadingWingstop could soon raise its own chickens
By Danielle Wiener-Bronner, CNN Business Wingstop wants to lower its food supply costs. So it’s considering raising its own chickens.…
Continue ReadingBoeing tries to catch up to SpaceX after plenty of drama
By Jackie Wattles, CNN Business Boeing is the world’s largest aerospace company, a primary US defense contractor, and a titan of a global…
Continue ReadingUS Treasury says it could block Russian debt payments starting next week
By Matt Egan, CNN Business Treasury Secretary Janet Yellen on Wednesday signaled US officials will likely end a carve-out in Western sanctions that…
Continue ReadingFollowing Buffalo shooting, 4chan shows how some platforms are accountable only to themselves
By Clare Duffy and Sara O’Brien, CNN Business The mass shooting in Buffalo, New York, has put a spotlight on 4chan, a largely unmoderated site…
Continue ReadingNew York files discrimination complaint against Amazon
By Brian Fung and Sara Ashley O’Brien, CNN Business New York Gov. Kathy Hochul announced a complaint on Wednesday against Amazon, alleging that…
Continue ReadingRetailers call out Visa and Mastercard for fee hikes that could make inflation worse
By Alicia Wallace, CNN Business Consumers could soon see even higher prices at some stores, after credit card giants Visa and Mastercard raised their…
Continue ReadingFollowing Buffalo shooting, 4chan shows how some platforms are accountable only to themselves
By Clare Duffy and Sara O’Brien, CNN Business The mass shooting in Buffalo, New York, has put a spotlight on 4chan, a largely unmoderated site…
Continue ReadingSome tariffs on China are harming families and businesses, Janet Yellen says
By Matt Egan and Alicia Wallace, CNN Business US Treasury Secretary Janet Yellen on Wednesday criticized the Trump administration’s tariffs on…
Continue ReadingBurberry reports record profit despite a slowdown in its biggest market
By Sharon Browne-Peter Burberry reported record profits for the year ended in April despite taking a recent sales hit from its biggest market, China.…
Continue ReadingOpinion: Want to keep your employees happy? Offer these 5 things
Opinion by Rosabeth Moss Kanter for CNN Business Perspectives To attract workers in today’s tight labor market, companies are touting better…
Continue ReadingScared investors haven’t hoarded this much cash since 9/11
By Julia Horowitz, CNN Business The mood hanging over financial markets is anxious and gloomy, whether you’re a professional investor or a…
Continue ReadingTarget posts a stunning drop in profit. Stock plunges
By Paul R. La Monica, CNN Business Target’s earnings didn’t hit the mark. Far from it. The retail giant reported a stunning 52% drop in…
Continue ReadingDow tumbles 1,160 points in worst trading day since June 2020
By Nicole Goodkind, CNN Business The old joke goes like this: Two friends are at a resort and one says, “The food here is really…
Continue ReadingEurope plans to spend $221 billion to ditch Russia’s energy
By Anna Cooban, CNN Business The European Union has unveiled a €210 billion ($221 billion) plan to wean itself off Russian oil and gas. Presenting…
Continue ReadingWhy you could be paying 50% more for a jug of milk this year
By Julia Horowitz, CNN Business Prices are rising at the fastest pace in decades, creating a cost-of-living crisis that’s forcing people around…
Continue ReadingMost CEOs are bracing for a recession
By Matt Egan, CNN Business The mood in the C-Suite is darkening. CEO confidence has tumbled to the weakest level since the beginning of the Covid-19…
Continue Reading