Solar power is booming in Germany as Russia turns down the gas
By Michelle Toh, CNN Business People on the frontlines of Europe’s gas crisis are scrambling to get solar panels for their homes and businesses…
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US rents hit a record high for the 17th month in a row
By Anna Bahney, CNN Business Rents hit a record high in July for the 17th month in a row, putting ever more pressure on renters. The national median…
Continue ReadingJapan turns back to nuclear power in significant policy shift as fuel prices soar
By Rhea Mogul, Junko Ogura and Tetsu Sukegawa, CNN Prime Minister Fumio Kishida said Wednesday Japan will restart idled nuclear plants and consider…
Continue ReadingIndian billionaire makes hostile bid for high-profile NDTV news channel
By Diksha Madhok, CNN Business Asia’s richest man has launched a hostile bid to take over an influential broadcaster in India and gain a firmer…
Continue ReadingYelp to begin prominently labeling crisis pregnancy centers to avoid confusion
By Jennifer Korn, CNN Business Yelp on Tuesday said it is introducing a new label to more clearly identify crisis pregnancy centers, which do not…
Continue ReadingExpressJet Airlines, formerly under United, files for bankruptcy
By Jennifer Korn ExpressJet Airlines, which calls itself a “reboot” of the company formerly flying as Delta Connection and United…
Continue ReadingUS business activity falls at its fastest rate since May 2020
By Alicia Wallace, CNN Business Business activity at private US companies in early August dropped off at some of the sharpest rates seen since the…
Continue ReadingTwitter is vulnerable to Russian and Chinese influence, whistleblower says
By Brian Fung, CNN Twitter is exceptionally vulnerable to exploitation by foreign governments in ways that threaten US national security, and may…
Continue ReadingInstagram testing a new feature that looks just like rival BeReal
By Catherine Thorbecke, CNN Business Over the years, Facebook has used Instagram to compete with rivals like Snapchat and TikTok by cloning their…
Continue ReadingHow low can they go? These stock analysts are issuing $0 and $1 price targets
By Paul R. La Monica, CNN Business Wall Street analysts are typically — to quote an old REM song — shiny happy people. They don’t often…
Continue ReadingInflation is crushing wedding budgets and guests are getting cut
Martha C. White for CNN Business The pandemic lockdowns might be in the rearview mirror, but rising inflation has ushered in the return of…
Continue ReadingNew home sales fall 12.6% in July as rising prices take a toll
By Anna Bahney, CNN Business New home sales plunged in July as high prices and mortgage rates pushed buyers to think twice about closing the deal.…
Continue ReadingWhat the Twitter whistleblower could mean for Elon Musk’s takeover deal
By Clare Duffy, CNN Business Elon Musk’s monthslong effort to buy — and then to get out of buying — Twitter has been marked by a range of…
Continue ReadingGas prices drop 70 days in a row in the second-longest streak since 2005
By Matt Egan, CNN Business Drivers have something to smile about: A historic drop in gasoline prices. The national average for a gallon of regular…
Continue ReadingZoom gets slammed: Stock plunges on weak outlook
By Paul R. La Monica, CNN Business The pandemic lift for Zoom has gone poof. Shares of the video conferencing company plunged more than 15% Tuesday…
Continue ReadingTurmoil in the natural gas market spells trouble ahead
By Julia Horowitz, CNN Business The outlook for inflation and the global economy hinges in large part on where energy prices head next — which…
Continue ReadingMeet the former Twitter exec blowing the whistle on the company
By Sean Lyngaas, CNN Business Nearly 25 years ago, a young computer programmer named Peiter “Mudge” Zatko told Congress that the internet…
Continue ReadingEx-Twitter exec blows the whistle, alleging reckless and negligent cybersecurity policies
By Donie O’Sullivan, Clare Duffy and Brian Fung, CNN Business Video by John General, Zach Wasser and Logan Whiteside, CNN Business Portraits by…
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 ReadingChina turns back to coal as record heatwave causes power shortages
By Laura He, CNN Business China is mining and importing more coal as its worst heatwave and drought in six decades hits hydroelectricity, the…
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