Money Archives

America’s most powerful oil lobby is changing its tune on a carbon tax

March 25, 2021 12:49 PM CNN Newssource

The oil industry’s most powerful lobbying group announced Thursday that for the first time it will support setting a price on carbon, a…

Gun industry prepares for a surge in demand after back-to-back mass shootings

March 24, 2021 5:45 AM CNN Newssource

After mass shootings in Boulder and Atlanta that killed 18 people in the span of a single week, lawmakers are once again calling for stricter gun…

Here’s why Cathie Wood and Kevin O’Leary are still bullish on growth stocks

March 25, 2021 12:01 PM CNN Newssource

Tech stocks have taken a hit lately as investors continue to seek comfort in banks, big oil and other value sectors. But some fans of trendy momentum…

Intel investing $20 billion in new US chipmaking plants as part of turnaround plan

March 25, 2021 10:59 AM CNN

Intel CEO Pat Gelsinger has only been on the job for about a month. But the semiconductor giant has been in need of a bold, new strategy for some…

Facebook, Twitter and Google CEOs testify before Congress on misinformation

March 25, 2021 10:52 AM CNN Newssource

Congress is set to grill the chief executives of Facebook, Google and Twitter about misinformation and online extremism on Thursday, in the…

Wall Street is out of sync with Main Street — yet history says this bull market could last a while

March 25, 2021 10:25 AM CNN Newssource

Happy Birthday, stock market bull. One year ago this week, the stock market bottomed out. But since then investors have ridden a giant wave of…

Pepsi’s newest flavor has Peeps in it

March 25, 2021 6:59 AM CNN Newssource

Good news, Peeps fans! Not only will Peeps be back on store shelves in time for Easter, but they’ll come in a new form too. Pepsi and Peeps are…

Unemployment claims fell to a pandemic low. But there’s still a jobs crisis in America

March 25, 2021 10:01 AM CNN

Here’s the best worst news you’ll hear all week: Unemployment claims fell to a pandemic low. But they’re still higher than at any…

Slack CEO apologies for his unforced error

March 25, 2021 9:50 AM CNN

Slack CEO Stewart Butterfield knows he screwed up. Wednesday morning, Slack rolled out a feature to let customers message Slack users at other…

Killer Mike’s Greenwood banking platform raises nearly $40 million in Series A funding

March 25, 2021 9:18 AM CNN Newssource

Some of the biggest names in finance are betting big on the success of Greenwood, the digital banking platform introduced last year by co-founders…

GM adds Meg Whitman to its majority-women board

March 25, 2021 8:25 AM CNN Newssource

Former Hewlett-Packard CEO Meg Whitman is joining the board of General Motors, adding another woman to one of the more diverse boards in corporate…

A huge ship is blocking a vital trade artery. It could get costly

March 25, 2021 7:35 AM CNN Newssource

Tug boats are working to free a large container ship stuck in Egypt’s Suez Canal, halting traffic through one of the busiest and most important…

Here’s what members of the media are saying ahead of Biden’s first presidential press conference

March 24, 2021 10:21 PM CNN Newssource

A version of this article first appeared in the “Reliable Sources” newsletter. You can sign up for free right here. For President Biden,…

‘Insecure’ creator Issa Rae just signed a deal to produce new shows and films for WarnerMedia

March 24, 2021 7:54 PM CNN Newssource

The hit HBO show “Insecure” is set to premiere its fifth and final season later this year, but the series’ end is just the…

Dow rebounds in a roller coaster week

March 24, 2021 4:06 PM CNN Newssource

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The Cinnamon Toast Crunch shrimp-gate didn’t have to go viral

March 24, 2021 2:57 PM CNN Newssource

Disgusting. That’s what everyone thought when they first heard about the saga of the cinnamon-and-sugar encrusted shrimp tail found in a box of…

Google offered a professor $60,000, but he turned it down. Here’s why

March 24, 2021 2:46 PM CNN Newssource

When Luke Stark sought money from Google in November he had no idea he’d be turning down $60,000 from the tech giant in March. Stark, an…

How Prince Harry got his new job

March 24, 2021 1:31 PM CNN

Prince Harry has found a new gig: The Duke of Sussex joined a startup called BetterUp as chief impact officer, which provides mental health services…

HuffPost names Danielle Belton of The Root as its new editor in chief

March 24, 2021 1:17 PM CNN Newssource

HuffPost has finally found its new editor in chief. Danielle Belton, the editor in chief of The Root, will take the helm of the publication that is…

Elizabeth Warren grills Janet Yellen: Why isn’t BlackRock ‘too big to fail?’

March 24, 2021 1:10 PM CNN

Senator Elizabeth Warren wants to know why the Biden administration isn’t more concerned that BlackRock manages $9 trillion in assets —…