Elon Musk says he has lined up $46.5 billion in financing for Twitter deal
By Clare Duffy, CNN Business Elon Musk on Thursday said he has lined up commitments worth $46.5 billion to finance a Twitter takeover deal, one week…
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Mortgage rates just hit a 12-year high
By Anna Bahney, CNN Business Mortgage rates continued to rise this week, reaching their highest level in more than a decade. The 30-year fixed-rate…
Continue ReadingOpinion: We shouldn’t trust Musk’s plans to transform Twitter
Opinion by Jessica J. González for CNN Business Perspectives When Elon Musk offered to buy Twitter and take it private last week, he wrote that he…
Continue ReadingAfter two years of losses, airlines expect record revenue
By Chris Isidore, CNN Business After two years of massive losses, US airlines are about to start reporting profits once again. Both American and…
Continue ReadingThe head of Russia’s second biggest oil company has quit
By Mark Thompson and Chris Liakos, CNN Business One of Russia’s richest men has quit as CEO of Lukoil, the country’s second-largest oil…
Continue ReadingThis social app prohibits edited photos to encourage users to be more authentic. It’s growing fast
By Faith Karimi, CNN Scoot over, Facebook and Instagram. There’s a newer photo-sharing app — and it’s not like other social media…
Continue ReadingWhy Tesla’s stock is still defying gravity
By Julia Horowitz, CNN Business Investors have quickly turned on companies like Netflix that were growing fast during the recovery from the pandemic…
Continue ReadingWorld’s biggest food company has hiked prices by 5%
By Anna Cooban, CNN Business Nestlé, the world’s biggest food and drinks company, raised prices by more than 5% in the first three months of…
Continue ReadingBuckle up: The Fed is about to get tough on inflation
By Paul R. La Monica, CNN Business Last month, the Federal Reserve raised interest rates for the first time since December 2018. Now there are…
Continue ReadingSome big Indian businesses are joining the exodus from Russia
By Diksha Madhok, CNN Business Two of India’s biggest businesses are moving away from Russia, even as Prime Minister Narendra Modi refrains…
Continue ReadingAustralian scientists to fit Tesla with printed solar panels in 15,000km test ride
Story by Reuters Scientists in Australia are testing printed solar panels to power a Tesla on a 15,100-km (9,400-mile) journey beginning in…
Continue ReadingHis house was demolished because he is Muslim, he says
By Kashif Kakvi, Rhea Mogul and Esha Mitra, CNN Shahdullah Baig stands among the rubble of what was once his modest two-bedroom home, his belongings…
Continue ReadingThe Obamas and Spotify won’t ink a new podcasting deal
By Oliver Darcy, CNN Business Spotify and the Obamas are headed for a split. The streaming service and former first family will not be inking a new…
Continue ReadingEU says Apple Pay restrictions may harm competitors
By Brian Fung, CNN Business The European Union is warning Apple about possible antitrust violations after an investigation into the iPhone…
Continue ReadingApple Store employees in Atlanta file for union election
By Rishi Iyengar, CNN Business Workers at an Apple Store in Atlanta filed for a union election on Wednesday in a bid to become the first group of…
Continue ReadingTesla record profit blows away estimates
By Chris Isidore, CNN Business Tesla has posted record profits once again, overcoming supply chain issues that have dogged the broader auto industry…
Continue ReadingTexas judge delays Sandy Hook trial after Alex Jones’ companies filed for bankruptcy protection
By Oliver Darcy, CNN Business A Texas judge on Wednesday postponed a trial that will determine how much right-wing conspiracy theorist Alex Jones…
Continue ReadingAmtrak dumps its nice guy persona in fight for Gulf Coast trains
By Matt McFarland, CNN Business Amtrak is embroiled in a fight that may have vast implications for the future of US rail service, including the…
Continue ReadingNetflix’s world has been turned upside down as stock plunges 35%
By Frank Pallotta, CNN Business Call Eleven and Sheriff Hopper of “Stranger Things,” because Netflix’s world has been turned upside…
Continue ReadingHome prices hit another record high in March
By Anna Bahney, CNN Business Home prices hit an all-time high in March as buyers scrambled to close deals before mortgage rates rise even further.…
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