‘Companies are holding out’: Global IPO market slump endures
By Michelle Toh, CNN A slowdown in global initial public offerings continued in the first quarter of 2023 and is likely to endure in the coming…
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Fox News CEO said correspondent’s fact-check of Trump’s election lies was ‘bad for business,’ new emails show
By Oliver Darcy and Marshall Cohen, CNN Fox News CEO Suzanne Scott sounded the alarm inside the company about the financial fallout that the…
Continue Reading The new Lamborghini is totally different than any car it’s ever made
By Peter Valdes-Dapena, CNN Business Soon, you’ll be able to plug in your Lamborghini. Closing out a half century of purely gasoline-powered…
Continue Reading The Future of Macy’s: New CEO is a veteran of Bloomingdale’s
By Nathaniel Meyersohn, CNN One of the highest profile jobs in retail will change hands next year. Macy’s CEO Jeff Gennette will retire in…
Continue Reading Adidas does rapid U-turn in Black Lives Matter logo dispute
By Anna Cooban, CNN Adidas is backpedaling fast over its latest attempt to protect its iconic three-stripe mark. The German sportswear company said…
Continue Reading Bernie Sanders confronts former Starbucks CEO Howard Schultz on company’s labor practices
By Danielle Wiener-Bronner, CNN Senator Bernie Sanders, who has roundly criticized former Starbucks CEO Howard Schultz over the company’s…
Continue Reading Bank of England calls for urgent action on funds that nearly toppled UK financial system
By Julia Horowitz, CNN The Bank of England has called for urgent action to address a weak spot in the UK financial system as persistent worries about…
Continue Reading High egg prices send profits at largest US producer soaring more than 700%
By Chris Isidore, CNN Cal-Maine Foods, the largest egg producer in the United States, reported revenue doubled and profit surged 718% last quarter…
Continue Reading Cup Noodles’ new ramen flavor puts your breakfast cravings into a cup
By Jordan Valinsky, CNN Business The high price of eggs and other breakfast staples is forcing some to look for cheaper breakfast alternatives. How…
Continue Reading Federal regulators are back on Capitol Hill to explain the banking crisis
From CNN’s Krystal Hur, Nicole Goodkind and Allison Morrow The-CNN-Wire™ & © 2023 Cable News Network, Inc., a Warner Bros.…
Continue Reading Credit Suisse is still helping ultra-wealthy Americans evade taxes, Senate panel says
By Matt Egan, CNN Credit Suisse is complicit in ongoing tax evasion by ultra-wealthy Americans, including a potentially criminal conspiracy involving…
Continue Reading Foot Locker is closing 400 stores. They may become an eyesore
By Nathaniel Meyersohn, CNN Two major retail chains are closing roughly 800 stores. One company’s spaces likely will be filled, while the…
Continue Reading UBS brings back Sergio Ermotti as CEO to oversee Credit Suisse rescue
By Michelle Toh and Hanna Ziady, CNN UBS is bringing back its former chief executive, Sergio Ermotti, to manage the hugely complex and risky task of…
Continue Reading California governor signs bill giving energy commission oversight power on oil companies
By Taylor Romine, CNN California Gov. Gavin Newsom signed a bill into law Tuesday that gives the state’s energy commission oversight power on…
Continue Reading The big, electric Kia EV9 has carpets made out of recycled fishing nets
By Peter Valdes-Dapena, CNN Business The big Kia Telluride SUV, with three roomy rows of seats, has been a major hit for the South Korean car brand.…
Continue Reading Canadian billionaire and a group including Magic Johnson submit competing bids for Washington Commanders
By Matt Egan, CNN Two potential ownership groups are vying to buy the NFL’s Washington Commanders. Canadian billionaire Steve Apostolopoulos…
Continue Reading Why Corporate America has grown silent on gun violence
By Nathaniel Meyersohn, CNN America’s biggest companies rushed to strengthen their gun safety policies after the mass shooting at a high school…
Continue Reading Dominion wants Tucker Carlson, Sean Hannity and other Fox hosts and executives to take the stand at trial
By Oliver Darcy and Marshall Cohen, CNN Dominion Voting Systems said in a court filing Monday that it wants to put some of Fox News‘ top…
Continue Reading Tesla under investigation again from safety regulators, this time for seatbelt attachments
By Peter Valdes-Dapena, CNN The National Highway Traffic Safety Administration has opened an investigation into model year 2022 and 2023 Tesla Model…
Continue Reading US has replaced Russia as Europe’s top crude oil supplier
By Anna Cooban, CNN The United States is now the biggest supplier of crude oil to the European Union. In December, 18% of the bloc’s crude…
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