Elon Musk subpoenas former Twitter CEO Jack Dorsey as legal battle heats up
By Catherine Thorbecke, CNN Business Elon Musk has subpoenaed former Twitter CEO Jack Dorsey as part of his effort to fight a lawsuit from the…
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Tesla raises price of feature it calls ‘full self-driving’ to $15,000
By Matt McFarland, CNN Business Tesla is raising the price of its controversial driver-assist feature it calls “full self-driving” to…
Continue ReadingFord cutting 3,000 corporate jobs as part of its shift to EVs
By Chris Isidore, CNN Business Ford is cutting 3,000 white collar jobs as it prepares to shift from traditional internal combustion engine vehicles…
Continue ReadingTwitter warns employees that their bonuses could be halved this year
By Catherine Thorbecke, CNN Business Twitter is warning employees that their bonuses might be half of what was originally expected at the start of…
Continue ReadingBed Bath & Beyond shares tank on reports that suppliers have halted product shipments
By Parija Kavilanz, CNN Business Shareholders are pulling the rug out from under Bed Bath & Beyond. The embattled retailer’s stock dropped…
Continue ReadingFord hit with $1.7 billion verdict for F-series pickup roof collapse that killed couple
By Chris Isidore, CNN Business The family of an elderly couple killed when the roof of their F-250 pickup collapsed during a rollover accident in…
Continue ReadingStocks tumble on fears of another big Fed rate hike
By Paul R. La Monica, CNN Business So much for hopes that the Federal Reserve will tap the brakes on its aggressive interest rate hikes. Stocks…
Continue ReadingFrench supermarkets and gas stations are capping prices
By Anna Cooban, CNN Business French supermarkets and gas stations have an answer to soaring inflation — freezing some prices for the next few…
Continue ReadingMarkets are fighting the Fed
By Julia Horowitz, CNN Business Stocks have experienced a sharp summer rebound, easing fear among investors and boosting hopes the bear market has…
Continue ReadingOpinion: Corporate greed isn’t to blame for high inflation
Opinion by Stephen G. Cecchetti and Kermit L. Schoenholtz for CNN Business Perspectives In June, US inflation hit a 40-year high of 9% and…
Continue Reading72% of economists expect a US recession by the middle of next year
By Matt Egan for CNN Business The Federal Reserve is unlikely to tame inflation without pushing the American economy into a recession, according to a…
Continue ReadingCarmakers hit as China’s heatwave forces more power rationing
By Laura He, CNN Business China’s brutal heatwave is now hurting major players in the auto industry. The rationing of power in Sichuan province…
Continue ReadingMexico City becomes ‘work from home’ haven for US expats, but locals are getting priced out
By David Culver and Karol Suarez, CNN Sandra Ortiz struggles to talk about her family’s restaurant without breaking down into tears.…
Continue ReadingChina slashes mortgage rate to tackle deepening property crisis
By Michelle Toh, CNN Business China’s central bank is cutting its benchmark interest rate for mortgages yet again as it tries to stem a…
Continue ReadingWhy the world’s second largest movie theater chain may be filing for bankruptcy
By Mark Thompson, CNN Business The owner of Regal Cinemas confirmed Monday that it was considering filing for bankruptcy but promised “business…
Continue ReadingMeta COO Sheryl Sandberg has tied the knot
By Rob McLean, CNN Business Meta exec Sheryl Sandberg tied the knot with businessman Tom Bernthal over the weekend. Sandberg — who announced in…
Continue ReadingThey built their businesses on Instagram. Then the platform changed
By Clare Duffy, CNN Business After losing her construction job early in the pandemic, Kaitlin Tokar decided to try selling some of her vintage…
Continue Reading‘Reliable Sources’: Why defending the press is essential to defending democracy
By Ramishah Maruf, CNN For over 30 years, “Reliable Sources” has covered the role the press plays in societies around the world. In the…
Continue ReadingChipotle debuts a ‘water cup’ candle. It smells like lemonade
By Zoe Sottile, CNN Lemonade thieves, Chipotle is on to you. The burrito chain has released a candle in honor of National Lemonade Day, which fell on…
Continue ReadingMiller High Life has an ice cream that tastes like a dive bar
By Yenny Sanchez, CNN If you ever looked at a dive bar and thought “yum,” then this snack is for you. Miller High Life has partnered with…
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