UPS just posted record-breaking profits, plans to hike prices in 2022
By Moira Ritter, CNN Business UPS just posted its best year ever — and 2021 isn’t even over yet. Next year could be even better for UPS,…
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Extreme couponers were sent to prison in $31.8 million fraud scheme
By Jordan Valinsky, CNN Business The FBI is revealing new details about a $31.8 million counterfeit coupon scheme that landed a Virginia Beach couple…
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Energy crisis will set off social unrest, private-equity billionaire warns
By Matt Egan, CNN Business Blackstone CEO Stephen Schwarzman warned Tuesday that high energy prices will likely set off social unrest around the…
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Spanx employees given $10,000 and two first-class plane tickets
By Amy Woodyatt, CNN Business The chief executive and founder of shapewear company Spanx has surprised employees with two first-class plane tickets…
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2 million Brits get a raise as minimum wage jumps to $13 an hour
By Walé Azeez, CNN Business Up to 2 million UK workers will be getting bigger paychecks starting in April following a hike to the minimum wage. The…
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The right way to follow up at every stage in your job search
By Kathryn Vasel, CNN Business The job search process usually involves a lot of waiting around. Did they get my application? Did that interview go…
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Hasbro says its toys will be ready for the holidays, despite the supply chain crisis
By Paul R. La Monica, CNN Business Hasbro brushed off global supply chain concerns and reported solid sales and earnings for the third quarter,…
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Kellogg’s customer files $5 million lawsuit alleging Pop-Tarts don’t have enough strawberries
By Alexis Benveniste, CNN Business No one would mistake Kellogg’s Pop-Tarts for a bowl of fruit — they are an indulgent treat, loaded with…
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Wall Street’s $1 trillion club is growing. Don’t pop the champagne
By Julia Horowitz, CNN Business The exclusive group of American companies worth more than $1 trillion just added another member. What’s…
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Trump SPAC slumps after wild week of trading
By Rob McLean and Jill Disis, CNN Business The shell company that plans to merge with former US President Donald Trump’s new media firm is…
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Elon Musk is now worth more than ExxonMobil
By Jordan Valinsky, CNN Business Elon Musk is rapidly approaching a net worth of $300 billion, as Tesla’s market cap soars past $1 trillion.…
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Evergrande and these Chinese real estate developers are already in trouble
By Anneken Tappe and Diksha Madhok, CNN Business China’s real estate crisis isn’t showing any sign of letting up. Embattled conglomerate…
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Anti-Defamation League CEO on Facebook: Never has a single company been responsible for so much misfortune
By Matt Egan, CNN Business Jonathan Greenblatt, the CEO of the Anti-Defamation League, blasted Facebook on Monday following the publication of a…
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Tesla is now worth more than $1 trillion
By Chris Isidore, CNN Business Tesla just became the sixth company in US history to be worth $1 trillion. Shares popped more than 12% Monday to close…
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Anti-Defamation League CEO on Facebook: Never has a single company been responsible for so much misfortune
By Matt Egan, CNN Business Jonathan Greenblatt, the CEO of the Anti-Defamation League, blasted Facebook on Monday following the publication of a…
Continue Reading The Dow and S&P 500 hit record highs as Tesla stock electrifies
By Paul R. La Monica, CNN Business Wall Street is brushing off concerns about Facebook. The Dow and S&P 500 both closed at record highs Monday…
Continue Reading Extreme couponers were sent to prison in $31.8 million fraud scheme
By Jordan Valinsky, CNN Business The FBI is revealing new details about a $31.8 million counterfeit coupon scheme that landed a Virginia Beach couple…
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$24 billion in goods is floating outside California’s biggest ports
By Matt Egan, CNN Business Extreme port congestion has become a major nuisance that just won’t go away this year. Unfortunately, it could be…
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Biden’s vaccine mandate will further disrupt supply chains, Raytheon CEO says
By Matt Egan, CNN Business The Biden administration’s Covid-19 vaccine mandate for federal contractors will further disrupt already…
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Oil surpasses $85 for the first time in seven years
By Matt Egan, CNN Business The oil rally hit another milestone Monday, with crude topping $85 a barrel for the first time in seven years. US oil…
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