Money Archives

Coca Cola is unveiling a new look for flavored Coke products this month

Coke is giving its cans a makeover

January 19, 2022 6:18 AM CNN Newssource

By Danielle Wiener-Bronner, CNN Business Coca-Cola is fighting for your attention. The company is unveiling a new look for flavored Coke products…

The tech-heavy Nasdaq Composite is down almost 10% from the all-time high it notched in mid-November

Tech stocks are hurtling toward a correction

January 19, 2022 6:04 AM CNN Newssource

By Julia Horowitz, CNN Business Persistently high inflation has dealt investors a wake-up call this year, sending them scrambling to re-engineer…

Microsoft's blockbuster purchase of video game developer Activision Blizzard could pose a serious threat for Sony

Sony takes a big hit in the console wars

January 19, 2022 3:45 AM CNN Newssource

By Diksha Madhok, CNN Business Microsoft’s blockbuster purchase of video game developer Activision Blizzard could pose a serious threat for…

UK consumer price inflation has surged to the highest level in three decades

UK inflation surges to highest level in 30 years

January 19, 2022 2:33 AM CNN Newssource

By Charles Riley, CNN Business UK consumer price inflation has surged to the highest level in three decades, heaping pressure on households already…

China produced more coal than ever last year as its power stations struggled to meet demand for electricity

China mined a record amount of coal in 2021. It might produce even more this year

January 19, 2022 2:17 AM CNN Newssource

By Laura He, CNN Business China produced more coal than ever last year as its power stations struggled to meet demand for electricity, undermining…

President Joe Biden will hold a formal news conference Wednesday at 4pm in the White House's East Room.

An overdue presser: Biden set to take reporters’ questions in first formal news conference in months

January 18, 2022 9:06 PM CNN Newssource

By Oliver Darcy, CNN Business A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free…

Microsoft announced plans to acquire Activision Blizzard in a blockbuster deal worth nearly $70 billion.

Microsoft to acquire Activision Blizzard in $68.7 billion deal

January 18, 2022 7:42 AM CNN Newssource

By Jennifer Korn and Clare Duffy, CNN Business Microsoft on Tuesday announced plans to acquire Activision Blizzard in a blockbuster deal worth nearly…

Planner of downtown Colorado Springs high-rise project announces major investment in growing local company

January 18, 2022 12:05 PM Scott Harrison

COLORADO SPRINGS, Colo. (KRDO) — A software company developing technology for the defense industry and known for its success and rapid growth has…

PlayStation and Switch sales are suffering as the gaming wars heat up

January 18, 2022 2:11 PM CNN

By Michelle Toh, CNN Business Two of the world’s biggest video game companies are feeling the pressure as the console wars heat up. Shares of…

Several international airlines say they will cancel flights into the US amid uncertainty about interference between new 5G cell phone service and critical airplane technologies

International airlines suspend some US flights over 5G uncertainty

January 18, 2022 1:43 PM CNN Newssource

By Gregory Wallace, Pete Muntean and Michael Ballaban, CNN Major international airlines are scrambling to modify or cancel flights to the United…

Microsoft's nearly $69 billion acquisition of the controversial game maker Activision Blizzard comes just one week after Grand Theft Auto developer Take-Two Interactive announced that it was buying FarmVille owner Zynga

Is Electronic Arts the next to get bought in the gaming deal frenzy?

January 18, 2022 12:52 PM CNN Newssource

By Paul R. La Monica, CNN Business It’s game on for video game mergers. Microsoft’s nearly $69 billion acquisition of the controversial…

Former New York Post digital chief alleges wrongful firing after privately reporting longtime Murdoch lieutenant propositioned her for sex

January 18, 2022 12:36 PM CNN Newssource

By Oliver Darcy, CNN Business Michelle Gotthelf, the former editor in chief of the New York Post’s digital operation, filed a lawsuit on…

The Federal Trade Commission and US Justice Department's Antitrust Division announced a joint review of federal guidelines for corporate mergers to consider whether they should be updated "to better detect and prevent illegal

Federal antitrust enforcers are considering updating corporate merger guidelines

January 18, 2022 11:48 AM CNN Newssource

By Clare Duffy, CNN Business The Federal Trade Commission and US Justice Department’s Antitrust Division on Tuesday announced a joint review of…

AT&T and Verizon announced that they would delay activating 5G on some towers around certain airports

AT&T, Verizon delay launching 5G near some airports after airlines ask Biden to intervene

January 18, 2022 10:59 AM CNN Newssource

By Pete Muntean, CNN Business AT&T and Verizon announced Tuesday that they would delay activating 5G on some towers around certain airports. The…

The pitchforks are out for Kohl’s

January 18, 2022 8:54 AM CNN Newssource

By Nathaniel Meyersohn, CNN Business Kohl’s can’t catch a break from Wall Street. For the second time in as many months and third time in…

ESPN commentator Stephen A. Smith returned to ESPN's "First Take" after a bout with Covid-19

Stephen A. Smith after Covid: If I wasn’t vaccinated, ‘I wouldn’t be here’

January 18, 2022 8:26 AM CNN Newssource

By Frank Pallotta, CNN Business Stephen A. Smith returned to ESPN‘s “First Take” Monday after a bout with Covid-19, which the…

Wall Street is off to another day in the red at the start of the shortened trading week as investors are grappling with earnings seasons and rising Treasury bond yields

Dow drops more than 500 points as bond yields rise and earnings season gets into full swing

January 18, 2022 7:34 AM CNN Newssource

By Anneken Tappe, CNN Business Wall Street had another day in the red at the start of this shortened trading week as investors grapple with earnings…

The BBC has warned that it will be forced to slash services and cancel shows after the UK government froze its main source of funding

$388 million funding cut will force the BBC to cancel shows

January 18, 2022 7:33 AM CNN Newssource

By Anna Cooban, CNN Business The BBC has warned that it will be forced to slash services and cancel shows after the UK government froze its main…

A contractor installs 5G cellular equipment on a light pole as a Delta Air Lines

The 5G-airlines crisis was mostly averted. Here’s what happened – and what we still don’t know

January 18, 2022 7:18 AM CNN

By Jackie Wattles and Pete Muntean, CNN Potentially abysmal air travel interruptions were narrowly avoided this week when wireless carriers made a…

Goldman Sachs is now calling for oil prices to hit $100 a barrel later this year and continue rising in 2023

Oil prices will surge to $100 this year, Goldman Sachs warns

January 18, 2022 6:23 AM CNN Newssource

By Matt Egan, CNN Business Goldman Sachs is now calling for oil prices to hit $100 a barrel later this year and continue rising in 2023, signaling…

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