Money Archives

CNN Worldwide president Jeff Zucker resigned Wednesday over a consensual relationship with a co-worker.

CNN shakeup creates fresh challenges for WarnerMedia and Discovery

February 3, 2022 11:43 PM CNN Newssource

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

Former Alaska Governor Sarah Palin arrives at a federal court in Manhattan on February 3 in New York City to resume a case against the New York Times after it was postponed because she tested positive for Covid-19.

Jury hears opening statements in Sarah Palin’s case against The New York Times

February 3, 2022 7:48 PM CNN Newssource

By Sonia Moghe, CNN After a delay of more than a week due to the plaintiff’s having tested positive for Covid, attorneys finally gave opening…

What’s next for CNN

February 3, 2022 7:22 PM CNN Newssource

By Brian Stelter, CNN Business On January 25 Jeff Zucker and Allison Gollust arrived together at CNN’s New York office for a very important…

Billionaire mining magnate Andrew Forrest is taking legal action against Facebook in Australia after he claims the company failed to remove scam advertisements that used his image.

Australian mining magnate takes legal action against Facebook over scam ads

February 3, 2022 5:55 PM CNN Newssource

By Hannah Ritchie and Jill Disis, CNN Business Billionaire mining magnate Andrew Forrest is taking legal action against Facebook in Australia after…

Packages sit on a conveyor belt at an Amazon fulfillment center. Amazon is raising the price of its annual Prime subscriptions from $119 to $139 per year in the United States

Amazon is raising the price of annual Prime memberships to $139

February 3, 2022 2:36 PM CNN

By Clare Duffy, CNN Business Amazon is raising the price of its annual Prime subscriptions from $119 to $139 per year in the United States, the…

MacKenzie Scott has donated $133.5 million to educational nonprofit Communities in School

MacKenzie Scott donates $133.5 million to educational nonprofit Communities in School

February 3, 2022 3:14 PM CNN Newssource

By Jennifer Korn MacKenzie Scott has donated $133.5 million to educational nonprofit Communities in School, an organization that helps students…

Amazon is raising the price of annual Prime memberships to $139

February 3, 2022 2:36 PM CNN Newssource

By Clare Duffy, CNN Business Amazon is raising the price of its annual Prime subscriptions from $119 to $139 per year in the United States, the…

The 40 millionth Ford Motor F-series pickup truck moves down the assembly line at the Dearborn Truck Plant in Dearborn

Ford earnings hurt by chip shortage

February 3, 2022 2:29 PM CNN Newssource

by Chris Isidore, CNN Business Ford reported an unexpected drop in its fourth quarter earnings, rather than the improved results expected by Wall…

Former Tesla worker sues company alleging abuse ‘reminiscent of the Jim Crow Era’

February 3, 2022 1:37 PM CNN Newssource

By Matt McFarland, CNN Business Kaylen Barker, a Black woman who worked at a Tesla manufacturing plant, filed a lawsuit this week in California…

An oil platform off the coast of Santa Barbara

US oil prices hit $90 a barrel for the first time since 2014

February 3, 2022 12:40 PM CNN Newssource

By Matt Egan, CNN Business US oil prices jumped above $90 a barrel on Thursday for the first time in more than seven years. The latest rally comes…

Single-family homes are seen in this aerial photograph taken over San Diego

Equity-rich homeowners are ‘sitting pretty’ amid sky high real estate prices

February 3, 2022 12:38 PM CNN Newssource

By Anna Bahney, CNN Business Sky high real estate prices have made a growing number of homeowners “equity rich,” according to a report on…

A morning commuter carrying an umbrella while walking through the City of London

The big reason the US and UK are facing such a massive labor shortage

February 3, 2022 12:37 PM CNN Newssource

Opinion by Carlo Pizzinelli and Ippei Shibata for CNN Business Perspectives Almost two years after the pandemic upended labor markets, job openings…

Wag, a dog-walking startup that once raised $300 million from a single investor, is going public through a SPAC

February 3, 2022 12:32 PM CNN Newssource

By Sara Ashley O’Brien, CNN Business Wag, a dog-walking startup that once received $300 million from a single investor only to stumble in…

Meta is giving avatars four-foot personal boundaries in its Horizon Worlds and Horizon Venues VR apps; this image gives a sense for what that will be like

Meta is giving avatars a four-foot buffer zone to cut back on VR harassment

February 3, 2022 12:30 PM CNN

By Rachel Metz, CNN Business Meta, the parent company of Facebook, has a new feature aimed at cutting down on harassment and assault in virtual…

Zuckerberg owned more than 398 million Meta shares

Meta’s market value just dropped by more than most companies are worth

February 3, 2022 12:30 PM CNN Newssource

By Clare Duffy, CNN Business Meta Platforms, the company formerly known as Facebook, just had its worst trading day in its history as a public…

Democrats call for the Biden administration to limit US natural gas exports. Pictured is a natural gas pipeline near Midland

Democrats call for Biden officials to limit US natural gas exports because of rising home heating costs

February 3, 2022 11:59 AM CNN Newssource

By Matt Egan, CNN Business Nearly a dozen US Senators are calling for the Biden administration to curb overseas shipments of natural gas as Americans…

Melinda French Gates reportedly won’t give bulk of her wealth to Gates Foundation

February 3, 2022 10:32 AM CNN Newssource

By Jennifer Korn, CNN Business Melinda French Gates may be shifting her approach to how she gives away her vast wealth following her high-profile…

A number of artists have left Spotify because of comments by podcast host Joe Rogan. Singer Neil Young

Here’s who has left Spotify because of Joe Rogan

February 3, 2022 10:22 AM CNN Newssource

By Frank Pallotta, CNN Business Spotify has had a rough couple of weeks. Its stock took a big hit Wednesday because of a slowing growth forecast, and…

Tesla owners complain about 'phantom braking.' A Tesla Model 3 here travels on a road in Rocklin

Tesla owners complain about ‘phantom braking.’ Federal safety regulator considers a probe

February 3, 2022 9:52 AM CNN Newssource

By Chris Isidore and Matt McFarland, CNN Business Federal safety regulators are mulling a probe after Tesla owners complained that their cars were…

Meta plummets, dragging stocks lower

February 3, 2022 9:23 AM CNN Newssource

By Anneken Tappe, CNN Business Meta ruined things for the stock market on Thursday. Wall Street was deep in the red as the tech company formerly…

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