Money Archives

The aviation industry and transportation regulators are worried about new 5G antennas interfering with a key type of aircraft altimeter that's essential for landing planes in bad weather. But wireless carriers and telecom regulators have said there's nothing to fear.

The 5G-airline snafu: Everything we know

January 19, 2022 4:02 PM CNN Newssource

By Jackie Wattles, Pete Muntean and Gregory Wallace, CNN The attempt to roll out amped up mobile service across the United States has been a bit of a…

A sign is posted in front of the Gilead Sciences headquarters on April 29

Gilead announces massive seizure of counterfeit HIV-1 drugs

January 19, 2022 2:40 PM CNN Newssource

by Amanda Watts, CNN The biopharmaceutical company Gilead Sciences announced Wednesday a massive web of seizures across several states of…

Wall Street has had a rocky start to the year: Stocks again finished lower Wednesday and the Nasdaq Composite closed in correction territory

Nasdaq enters correction territory as stocks close lower

January 19, 2022 2:10 PM CNN Newssource

By Anneken Tappe, CNN Business Wall Street has had a rocky start to the year: Stocks again finished lower Wednesday and the Nasdaq Composite closed…

Taxing extreme wealth could lift 2.3 billion people out of poverty

January 19, 2022 1:06 PM CNN Newssource

Opinion by Chuck Collins for CNN Business Perspectives The pandemic has shone a spotlight on how inequality kills. As inequalities in income, wealth…

Procter & Gamble said that it was raising prices by an average of about 8% on retail customers next month for its Tide and Gain laundry detergents

Doing laundry is about to get more expensive

January 19, 2022 10:42 AM CNN Newssource

By Nathaniel Meyersohn, CNN Business It’s going to cost you more to wash your clothes. Procter & Gamble said Wednesday that it was raising…

Microsoft's massive acquisition of Activision Blizzard is notable for several reasons

Flush with cash, big companies are ready to buy up rivals and reward investors

January 19, 2022 10:17 AM CNN Newssource

By Paul R. La Monica, CNN Business Microsoft’s massive acquisition of Activision Blizzard is notable for several reasons, not the least of…

Polls indicate voters are every bit as concerned about the economy as they are about the pandemic. And they feel the government is not doing enough to fight inflation

Biden needs to answer these 5 questions about the economy

January 19, 2022 9:45 AM CNN Newssource

By Matt Egan, CNN Business From startlingly high inflation and empty grocery store shelves to elevated prices at the pump, Americans are frustrated…

Europe rolled out 5G without hurting aviation. Here’s how

January 19, 2022 9:06 AM CNN Newssource

By Charles Riley and Joseph Ataman, CNN Business Major international airlines are canceling flights to the United States over aviation industry fears…

What is C-band 5G? Verizon and AT&T are flipping on the switch in the US

January 19, 2022 8:54 AM CNN

By Samantha Murphy Kelly, CNN Business The next-generation of wireless technology is now even faster for 5G users in some parts of the country.…

With the trucking industry facing a shortage of qualified drivers

New rule will allow 18-year-olds to drive semi trucks across state lines

January 19, 2022 8:29 AM CNN Newssource

By Peter Valdes-Dapena, CNN Business With the trucking industry facing a shortage of qualified drivers, the US government is setting up an…

What is C-band 5G? Verizon and AT&T are flipping on the switch in the US

January 19, 2022 7:50 AM CNN Newssource

By Samantha Murphy Kelly, CNN Business The next-generation of wireless technology is now even faster for 5G users in some parts of the country.…

The CEO who fired 900 employees over Zoom is coming back

January 19, 2022 7:21 AM CNN Newssource

By Jordan Valinsky, CNN Business The CEO of Better.com, best known for firing 900 employees over Zoom just before Christmas, is coming back to work.…

Emirates president: The 5G snafu is the biggest screwup I’ve witnessed in my career

January 19, 2022 7:19 AM CNN Newssource

By Chris Liakos and Richard Quest, CNN The president of Emirates tells CNN that the airline was not aware of some of the potential 5G rollout issues…

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…

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