China may be getting ready to wind down its crackdown on big tech
By Diksha Madhok, CNN Business Shares of Chinese tech companies soared on Friday after Beijing signaled that it may throw the beleagured industry a…
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Private astronaut just back from space station describes interactions with Russian cosmonauts
By Kristin Fisher It didn’t take long for the crew of the first all-private mission to the International Space Station to experience the unique…
Continue ReadingAmazon Labor Union’s Chris Smalls faces off against Sen. Graham on workers
By Brian Fung, CNN The president of the Amazon Labor Union warned Sen. Lindsey Graham on Thursday that he risks ignoring the concerns of workers at…
Continue ReadingExxonMobil took a $3.4 billion hit for exiting Russia. Its profit still soared
By Chris Isidore, CNN Business ExxonMobil took at $3.4 billion charge for exiting its business in Russia in the first quarter, but it still posted…
Continue ReadingMuch of Europe is facing stagflation. France is already there
By Mark Thompson, CNN Business The European economy slowed in the first three months of the year due to a combination of soaring inflation and early…
Continue ReadingApple loses top spot in China as smartphone sales slump
By Laura He, CNN Business Just three months ago, Apple became the top-selling smartphone brand in China for the first time in six years. Now…
Continue ReadingApple loses top spot in China as smartphone sales slump
By Laura He, CNN Business Just three months ago, Apple became the top-selling smartphone brand in China for the first time in six years. Now…
Continue ReadingElon Musk sells $8.5 billion worth of Tesla shares
By Chris Isidore, CNN Business Tesla CEO Elon Musk sold $8.5 billion of the electric automaker’s stock in the three days after the Twitter…
Continue ReadingAirbnb says staffers can work remotely forever, if they want
By Sara Ashley O’Brien, CNN Business Airbnb won’t require most staffers to return to the office — ever. The company told employees…
Continue ReadingApple warns of serious supply headwinds in China
By Samantha Murphy Kelly, CNN Business Apple topped Wall Street’s estimates in its latest quarter and reported one of the strongest three-month…
Continue ReadingChina’s Weibo shows user locations to combat ‘bad behavior’
By Reuters Weibo, China’s equivalent of Twitter, told users on Thursday it would start to publish their IP locations on their account pages and…
Continue ReadingAmazon ends its paid Covid-19 sick leave policy
By Catherine Thorbecke, CNN Business Amazon is ending its Covid-19 paid sick leave policy starting on Monday, the company said in a memo to employees…
Continue ReadingAmazon stock plunges as growth slows
By Rishi Iyengar, CNN Business Amazon’s stock plummeted after the company reported on Thursday slowing growth and higher costs in its latest…
Continue ReadingMark Zuckerberg got $11 billion richer today
By Allison Morrow, CNN Business Nearly two months after losing his spot among the world’s 10 richest rich people, Mark Zuckerberg is clawing…
Continue ReadingRecession fears are mounting. Here’s how to protect your money
By Jeanne Sahadi, CNN Business Warnings of a potential recession aren’t surprising given how many tripwires there are in today’s economy.…
Continue ReadingDefense companies aren’t getting a boost from Russia’s war with Ukraine
By Nicole Goodkind, CNN Business When war breaks out, defense companies tend to make money. That means aerospace and defense stocks can serve as safe…
Continue ReadingElon Musk raises an additional $7 billion in financing for Twitter deal
By Clare Duffy, CNN Business Elon Musk has raised just over $7 billion in additional equity financing to help fund his purchase of Twitter. The new…
Continue ReadingElon Musk says fees for some users may be coming to Twitter
Catherine Thorbecke, CNN Business Elon Musk said Twitter might soon charge fees for certain users, as the billionaire continues to tease how he might…
Continue ReadingElon Musk wants to ‘authenticate all real humans’ on Twitter. Here’s what that could mean
By Brian Fung, CNN As the public combs through Elon Musk’s Twitter feed for clues on how the billionaire entrepreneur intends to run the social…
Continue ReadingThe US economy contracted. Don’t panic
By Matt Egan, CNN Business The economic recovery from Covid-19 stumbled in the first quarter, but that doesn’t mean a recession is imminent.…
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